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Generated 13-08-2026
Active BE 1002.346.827Private limited company

THR Services

Picardstraat 7/100 ·1000 Brussel, Belgium· 2 yrs active
Sector: Algemene elektrotechnische installatiewerken (43211)
Conclusion Checked

The computed 12-month bankruptcy probability of THR Services is 5.6% (elevated). The 2024 annual accounts show equity of €2k and a net result of €132. Its solvency ranks better than 34% of 11087 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €2k
Net result €132
Better than sector 34%
Active 2 yrs
Snowflake analysis 4 of 5 axes measured · computed by Checked
Health40Profitability35Solvency32Growth-Stability67
44 / 100

Fragile profile, watch solvency in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 40
Profitability 35
Solvency 32
Growth -
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
5.6% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
40 / 100 Weak
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 17-10-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 27.8% 40.9%
better than 34% of 11087 sector peers
Net result €132 €11k
better than 21% of 11069 sector peers
Equity €2k €34k
better than 11% of 11090 sector peers
Gross operating margin €2k €35k
better than 11% of 11060 sector peers
Total assets €8k €93k
better than 5% of 11087 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue€25k
EBITDA€2k
Net profit€132
Cash flow€2k
Staff costs-
Income taxes€33
Dividends-
Total assets€8k
Equity€2k
Debt€6k
of which ≤ 1y€6k
of which > 1y-
Working capital€-6k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.00
Quick ratio0.00
Working capital ratio-72.2%
Solvency27.8%
Debt / equity2.60
Long-term debt ratio-
Interest coverage-
Gross margin9.9%
Net margin0.5%
ROA1.7%
ROE6.2%
EBITDA margin9.2%
Days sales outstanding-
Days payable outstanding36d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€8k
Fixed assets 21/28€8k
Tangible fixed assets 22/27€8k
Current assets 29/58€1
Cash & bank 54/58€1
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€8k
Equity 10/15€2k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€132
Amounts payable 17/49€6k
Amounts payable within one year 42/48€6k
Trade debts payable within one year 44€2k
Income statement
Turnover 70€25k
Gross operating margin 9900€2k
Operating result 9901€164
Financial income 75€2
Result before taxes 9903€166
Income taxes 67/77€33
Net result for the period 9904€132
Result to be appropriated 9905€132
Ratios computed by Checked.
Directors & mandates 4 directors
Current directors & mandates
  • El Founti Hamza
    Director
    State Gazette act 25132360 (17-10-2025)
    Current
    09-10-2025 → present
Former directors (3)
  • Ivan Popovych
    Director
    State Gazette act 25083454 (07-07-2025)
    Former
    27-06-2025 → 09-10-2025
    2 events
    • 09-10-2025 Resigned· Director
    • 27-06-2025 Appointed· Director
  • Zhar volodymyr
    Director
    State Gazette act 25089696 (15-07-2025)
    Former
    06-07-2025 → 09-10-2025
    2 events
    • 09-10-2025 Resigned· Director
    • 06-07-2025 Appointed· Director
  • Tahiri Ilyas
    Director
    State Gazette act 25083454 (07-07-2025)
    Former
    - → 27-06-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Algemene elektrotechnische installatiewerken(43211)
Legal form Private limited company(610)
Incorporation16-11-2023
StatusActive
Postal code1000
Connections & network 30 connected companies
Network connections
AY-TRANS
Shared address
→
BRIGHT AND BRIDGE
Shared address
→
Enex Executive Search
Shared address
→
EVM PRINT
Shared address
→
G4S CARE
Shared address
→
G4S EVENT SERVICES
Shared address
→
G4S SECURE MONITORING
Shared address
→
G4S SECURE SOLUTIONS
Shared address
→
→
G4S SECURITY SYSTEMS
Shared address
→
G4S SUPPORT SERVICES
Shared address
→
HEXUVIUM
Shared address
→
Itron Belgium
Shared address
→
KNOLL INTERNATIONAL
Shared address
→
La Taverne Helas
Shared address
→
MARKET EXECUTION
Shared address
→
→
Nanex Company
Shared address
→
→
NOALIASING
Shared address
→
PREDIFED
Shared address
→
→
REDIMIS
Shared address
→
SAGE
Shared address
→
SGA Management BE
Shared address
→
Sieton
Shared address
→
STARS GRAPHICS
Shared address
→
YUKSEL TRANSPORTS
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
THR Services
Steenweg op Mechelen 455, 1950 KraainemAlgemene bouw van residentiële gebouwen
since 20232.352.266.529
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21814P0441/00B000 Brussels 4.4 ha 1 · 3.9 ha 34.0 m · 6 fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
17-10-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
17-10-2025
State Gazette act Director changes
v3.2
15-07-2025
State Gazette act Capital & shares
v3.2
07-07-2025
State Gazette act Registered-office change
v3.2
2023
21-11-2023
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 4 acts
Capital history · 1
15-07-2025
v3.2
Address history · 1
07-07-2025
v3.2
All acts · 4 updated 10 months ago
2025
17-10-2025 1 director appointed, 2 resigning Director changes
  • El Founti Hamza, Bestuurder
  • Ivan Popovych, Bestuurder
  • Zhar volodymyr, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "El Founti Hamza",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-10-09",
      "evidence_quote": "Dat Mr El Founti Hamza, wonende te Boulevard Edmond Machtens 83, 1080 Molenbeek, benoemd wordt als bestuurder."
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Ivan Popovych",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-10-09",
      "evidence_quote": "Het ontslag van de heer Ivan Popovych en Zhar volodymyr als bestuurder."
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Zhar volodymyr",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-10-09",
      "evidence_quote": "Het ontslag van de heer Ivan Popovych en Zhar volodymyr als bestuurder."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "1002.346.827",
    "name_full": "THR SERVICES",
    "legal_form": "BV"
  }
}
15-07-2025 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "1002.346.827",
    "name_full": "THR SERVICES",
    "legal_form": "BV"
  }
}
07-07-2025 Registered office moved from Kraainem to Schaerbeek Registered-office change
  • Steenweg op Mechelen 455, 1950 Kraainem → Rue de la Luzeme 47, 1030 Schaerbeek
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Schaerbeek",
        "region": "Brussels",
        "street": "Rue de la Luzeme",
        "country": "BE",
        "postcode": "1030",
        "box_number": null,
        "street_number": "47"
      },
      "old_address": {
        "city": "Kraainem",
        "region": "Vlaams",
        "street": "Steenweg op Mechelen",
        "country": "BE",
        "postcode": "1950",
        "box_number": "1",
        "street_number": "455"
      },
      "effective_date": "2025-06-27",
      "evidence_quote": "De maatschappelijke zetel wordt overgebracht naar Rue de la Luzeme 47, 1030 Schaerbeek"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "1002.346.827",
    "name_full": "THR SERVICES",
    "legal_form": "BV"
  }
}
2023
21-11-2023 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "1950 Kraainem, Steenweg op Mechelen 455 bus 1",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "TAHIRI Ilyas",
        "niss": null,
        "address": "1082 Sint-Agatha-Berchem, Gisseleire Vers\u00E9laan, 57"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 0,
      "holder_person_name": "TAHIRI Ilyas",
      "is_subscriber_only": false,
      "n_shares_subscribed": 100,
      "amount_subscribed_eur": 2000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 2000,
  "subject_company": {
    "kbo": "1002.346.827",
    "name_full": "THR Services",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2023-11-13",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299
Primary activity highlighted.
Names & trade names
Legal nameNL THR Services
Registered office
Picardstraat 7/100
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative