Losses
-€36,597 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
THUBOCO
Lifetime
19 annual accounts with figures on one time axis, 25 filings since 2000peak €297,319 (2013)
€35,847▲ €39,408
lowest -€58,531 (2017)
-€26,334▼ €17,671
peak €466,667 (2015)
€380,092▼ 6.5%
€14,893▼ 36.5%
Board2 names since 1999
1 director
Owners
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€3,561 to €35,847Loss of €26,334Debts from €23,441 to €14,893Investments €8,942Cash from €0 to €49,595
Key points
from the 2025 annual accountsTurnover
≈ €100,000 estimated
The accounts state no turnover.
Investments
€8,942 4.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
24.22 was 17.17 in 2024
Short-term debts fell from €23,441 to €14,893.
Filings
25 annual accounts since 2000
Nine of the last ten came late. The 2016 accounts came latest: 171 days after the end of the period.
Position in the sector
-€26,334
Lower net result than 95% of companies in legal and accounting. Sector median €36,720 · 16,409 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,344 companies had the same profile as THUBOCO has now. Each dot stands for 31 companies, two years later.
90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 12,344 companies, not a prediction for THUBOCO. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0465915546
Amendment of the articles · Legal-form change · Resignations & appointments
Director in office: · Gazette deed
Resignation: (manager)
General meeting of 28-06-2017 · Gazette deed
First establishment
, Natiënsquare 15, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| THUBOCO Brussels | €394,985 | €35,847 | 96.2% | - |
| AMAND & CO Auderghem | €354,213 | €34,452 | 87.6% | - |
| Panarea Kruisem | €412,611 | €30,444 | 53.9% | - |
| IR. C. MAENHOUT Brasschaat | €433,349 | €39,460 | 81.7% | - |
| M.R.F. LEGAL CONSULTING Aalter | €328,604 | €50,281 | 26.0% | - |
| LYRIS Schilde | €390,886 | €41,840 | 69.2% | - |
| CATHY LAGASSE Ghent | €264,182 | €46,353 | 86.4% | - |
These companies have the same main activity as THUBOCO: other legal services (NACE 69109). They are comparable in size and age: total assets between €264,000 and €433,000, founded between 1998 and 2007.
Official details
Source: KBO- Status
- Active since 18-05-1999Normal situation
- Activity
- Other legal servicesNACE 69109
- Establishment unit
- 2.091.064.1371000 Brussels, since 06-12-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 28-08-2025
Insights on THUBOCO
THUBOCO files the micro format. That format states no turnover. The gross margin fell from €140,814 in 2007 to €35,847 in 2025.
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 THUBOCO
- What is the company number of THUBOCO?
- The company number of THUBOCO is 0465.915.546. The VAT number is the same number with BE in front: BE 0465.915.546.
- Where is THUBOCO based?
- The registered office is at Natiënsquare 15, 1000 Brussels.Company details
- What does THUBOCO do?
- According to the KBO register, the main activity is other legal services (NACE 69109).
- What is the legal form of THUBOCO?
- THUBOCO is a private limited company (BV).
- When was THUBOCO founded?
- THUBOCO was founded on 18-05-1999.
- Is THUBOCO still active?
- Yes, THUBOCO is an active enterprise in the KBO register.
- What is the turnover of THUBOCO?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €35,847 and 68 comparable companies (NACE 69). It probably lies between €64,000 and €120,000. In financial year 2018 turnover was €27,759.Financials
- Is THUBOCO profitable?
- In financial year 2025, THUBOCO made a loss of €26,334.
- Where can I find the annual accounts of THUBOCO?
- THUBOCO filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THUBOCO due?
- THUBOCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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