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Thru

Active Public limited companyfounded 2000active for 26 yearsPrins Boudewijnlaan 41, 2650 EdegemKBO/BCE: BE 0472.614.484 subsidiary of NEORIA#2 company by total assets in Edegem, Administrative and support services sector
Part of the group Nuclys 525 companies in 16 countries
See the group

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €5.7m (2025)
€5.7m▲ 35×
lowest -€219,200 (2022)
€678,510▲ €730,593
peak €595,513 (2025)
€595,513▲ €678,510
€1.4m▲ 945%
peak 3.8 FTE (2013)
0.9 FTE 
Board7 names since 2019
3 directorsDe Cronos Groep and 2 others
Owners3 names in the annual accounts
100%NEORIA and 2 others
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Turnover from €164,286 to €5.7mGross margin from €6,381 to €866,352Back to profit: €678,510Equity from -€82,997 to €595,513Debts from €130,026 to €1.4mCash from €38,458 to €5,472

Key points

from the 2025 annual accounts

Turnover

€5.7m ▲ 35×
€164,0002024€5.7m2025

Turnover rose in 2025: different schema filed.

Debts

€1.4m ▲ 945%
Suppliers
+0.9
Other debts
+0.1
Taxes and wages
+0.04
The rest
+0.1

Debts rose by €1.2m in 2025.

Staff

1 employees on 31-12-2025
102021102022012023102025

In 2025, 1 person joined and nobody left.

Payment terms

72 days to suppliers
Suppliers
11 to 72
Customers
1 to 122

Thru pays its suppliers 61 days later than in 2024. Customers pay 121 days later.

Liquidity

1.56 was 0.36 in 2024

Short-term debts rose from €130,026 to €1.2m.

Checked score

88
Excellent
Financially stronger than 53% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.1%highest value 01-2025: 1.1%● unchanged vs 12-2024highest value 02-2025: 1.1%● unchanged vs 01-2025highest value 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.0%▼ -0.1 percentage points vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 0.5%▼ -0.5 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.4%▼ -0.1 percentage points vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value

Financial strength
Strong

55+55equity 30.5% of total assets
18-32short-term debt 62.5% · cash 0.3%
91+80return on assets 34.7%

Score breakdown

raises risk
Liquidity: current ratio 1.56, cash €5,472, halved
lowers risk
Size: turnover €5.7m, 0.9 FTE, total assets €2.0m
Founded in 2000
Legal form: public limited company
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 36% of them on solvency, 10% on liquidity, 65% on profitability and 99% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as Thru has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Thru itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for Thru. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €50,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.56 (0.36 in 2024), above the usual 1.5. Short-term debt is 62.5% and cash 0.3% of total assets. However, 69.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.56, cash €5,472, halved
NBB · annual accounts
lowers risk · Size: turnover €5.7m, 0.9 FTE, total assets €2.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Legal form: public limited company
KBO
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
24 days early
2023
20 days early
2022
1 day late
2021
5 days early
2020
18 days early
2019
22 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DC
Managing director, Dirk Deroost
UG
Director, Rita Verreydt, since 09-06-2021
KB
Auditor, Filip De Bock
  • NEORIA 100%score 93equity €9.4m (2025) · annual accounts 2025
  • De Cronos Groep consolidatedequity €47.8m (2026) · LEI register
Board & ownership

Recent changes

Resignation: Josephus de Wit (managing director) Permanent representative: Dirk Deroost · General meeting of 08-07-2026 · Gazette deed
Resignation: VERREYDT Rita (permanent representative) Capital from €62,000 to €1,437,000 · Capital from €1,437,000 to €62,000 · Permanent representative: BAMBUST Sam · Gazette deed
Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor) General meeting of 13-06-2023 · Gazette deed
2 directors appointed, 3 reappointments Reappointments: De Cronos Groep NV, Josephus de Wit and Uptime Group NV · Permanent representatives: Dirk Deroost and Rita Verreydt · Appointments: Josephus de Wit (managing director) and De Cronos Groep NV (managing director) · Board meeting of 02-08-2021 · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
Thru Edegem €2.0m €866,352 30.5% 0.9
WIPA CHEMICALS INTERNATIONAL BELGIUM Evergem €1.5m €606,525 85.3% 0.5
LIGHT & DESIGN CENTRE Rotselaar €2.0m €792,108 82.1% 2
VINCK Kapellen €2.2m €501,601 59.6% 0
ENDONAM Namur €2.2m €930,961 53.5% 2.9
BOSSUYT Waregem €2.8m €424,470 47.4% 1
EUROPEAN PAEDIATRIC MEDICINE COMPANY Ixelles €1.3m €762,005 47.4% 0

These companies have the same main activity as Thru: other business support services (NACE 82990). They are comparable in size and age: total assets between €1.3m and €2.8m, founded between 1994 and 2007.

Official details

Source: KBO
Status
Active since 22-08-2000Normal situation
Registered office
29 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
Other business support servicesNACE 82990and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.099.955.4732650 Edegem, since 06-12-2000
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€2.0m▲ 42×
Employeeson 31-12-2025
1
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Companies linked to Thru

Insights on Thru

Thru has existed since 2000. The present size dates from 2025. Turnover rose that year from €164,286 to €5.7m. The accounts now follow the full format, last year the abbreviated format.

Solvency rose in 2025 from -176.5% to 30.5% because of the retained profit.

NEORIA holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Thru

What is the company number of Thru?
The company number of Thru is 0472.614.484. The VAT number is the same number with BE in front: BE 0472.614.484.
Where is Thru based?
The registered office is at Prins Boudewijnlaan 41, 2650 Edegem.Company details
What does Thru do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of Thru?
Thru is a public limited company (NV).
When was Thru founded?
Thru was founded on 22-08-2000.
Is Thru still active?
Yes, Thru is an active enterprise in the KBO register.
How many employees does Thru have?
Thru had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Thru fall under?
In its 2025 annual accounts, Thru states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of Thru?
The turnover of Thru was €5.7m in financial year 2025, according to the filed annual accounts.
Is Thru profitable?
In financial year 2025, Thru made a profit of €678,510.
Where can I find the annual accounts of Thru?
Thru filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Thru due?
Thru must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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