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Thrive Works

Active
Private limited companyfounded 20251 yr activeLage Weg 36, 2322 Hoogstraten, BelgiumKBO/BCE: BE 1023.263.292
Summary

Thrive Works has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,021) and a net result of -€12,521. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

What they do
Business and other management consultancy
NACE 70200
1 site
How big
€9,280total assets 2025
Equity
-€5,021
Loss
-€12,521
Turnover not published (abridged schema)
Financially healthy?
59 Fair Checked score 2025
Bankruptcy chance 12 m
0.4%
Who decides
Accounts 35 d early0 of 1 deed read
Why 59Capped at 59: negative equity- Founded in 2025+ Sector Activities of head offices; management consultancy activities (NACE 70)+ No annual accounts with figuresShow the evidence

Checked score

Score 2025
59 / 100
Fair
Probability in this band: 1.5% to 4.2%
Place in the band from the probability alone: no sector peers known
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength
Weak
Solvency 0
equity -54.1% of total assets
Liquidity 50
short-term debt 154.1% · cash 73.6%
Profitability 0
return on assets -134.9%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,635 companies)
  • Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
  • Founded in 2025 raises the probability for this profile
  • No annual accounts with figures lowers the probability
No credit on open account
Liquidity short (current ratio 0.65; short-term debt: 154.1% and cash: 73.6% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: from the bankruptcy probability alone, as no sector peers are known.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Sector Activities of head offices; management consultancy activities (NACE 70)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Founded in 2025
In the bankruptcy model this factor raises the probability for this profile.
KBO
lowers risk · No annual accounts with figures
In the bankruptcy model this factor lowers the probability.
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
35 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€5,021 View
  • Founded 16 months agofounded 13-05-2025 16 mo View
  • Total assets 2025first fiscal year filed €9,280 View

By topic

Financials

Fiscal year
2025
Total assets
€9,280
Loss
-€12,521
Solvency
-54.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
13-05-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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