Summary
THRIVE has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2018 annual accounts show equity of €33,831 and a net result of €17,454. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2018, micro format
Equity
€33,831
Total assets
€111,766
Net result
€17,454
Working capital
€23,853
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €111,766
Fixed assets
€21,723
Current assets
€90,043
Equity and liabilities €111,766
Equity
€33,831
Debt
€77,935
Debt finances 69.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€36,914
Cash flow
€27,869
Current ratio
1.36
Debt to equity
0.35
ROE
51.6%
ROA
15.6%
Debt ≤ 1 year
€66,190
Debt > 1 year
€11,745
Income taxes
€8,156
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,415 |
| Gross operating margin9900 | €37,164 |
| Operating profit (loss)9901 | €26,499 |
| Recurring financial income75 | €10 |
| Recurring financial charges65 | €899 |
| Profit (loss) for the period before taxes9903 | €25,610 |
| Income taxes67/77 | €8,156 |
| Profit (loss) for the period9904 | €17,454 |
| Profit (loss) for the period to be appropriated9905 | €17,454 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €111,766 | |
| Fixed assets21/28 | €21,723 | |
| Tangible fixed assets22/27 | €21,723 | |
| Current assets29/58 | €90,043 | |
| Amounts receivable within one year40/41 | €25,670 | |
| Cash at bank and in hand54/58 | €64,373 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €111,766 | |
| Equity10/15 | €33,831 | |
| Contributions10/11 | €1,000 | |
| Reserves13 | €32,831 | |
| Amounts payable17/49 | €77,935 | |
| Amounts payable after more than one year17 | €11,745 | |
| Amounts payable within one year42/48 | €66,190 | |
| Trade debts44 | €8,446 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €17,454 |
| + Depreciation and write-downs630 | €10,415 |
| Operating cash flow (approximation) | €27,869 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2018 | micro format | 03-07-2019 | 2019-27800128 |
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Of the 29,878 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,812. 14,961 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2024 · 1 entry · €174 awarded · €174 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.