THUNDERBALL
ActiveSummary
The computed 12-month bankruptcy probability of THUNDERBALL is 1.9% (moderate). The 2025 annual accounts show negative equity (-€80,802) and a net result of -€2,285. Equity is shrinking by ~48.2% per year across the filed fiscal years. The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 26 days before the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | €40,045 | €1,815 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,393 | €27,393 | €5,619 | - | - | - |
| Other operating charges640/8 | - | - | €677 | €485 | - | - |
| Non-recurring operating charges66A | - | - | €200,000 | - | - | - |
| Gross operating margin9900 | -€63,841 | -€28,007 | -€40,045 | -€1,815 | -€2,209 | - |
| Operating profit (loss)9901 | -€92,758 | -€56,127 | -€246,341 | -€2,300 | -€2,209 | - |
| Financial charges65/66B | - | - | €78 | €71 | €76 | - |
| Recurring financial charges65 | €75 | €82 | €78 | €71 | €76 | - |
| Profit (loss) for the period before taxes9903 | -€92,832 | -€56,209 | -€246,419 | -€2,371 | -€2,285 | - |
| Income taxes67/77 | €94 | €41 | €39 | €39 | - | - |
| Profit (loss) for the period9904 | -€92,926 | -€56,250 | -€246,458 | -€2,410 | -€2,285 | - |
| Transfer from tax-exempt reserves789 | - | - | €40,000 | €40,000 | €40,000 | - |
| Profit (loss) for the period to be appropriated9905 | -€52,926 | -€16,250 | -€206,458 | €37,590 | €37,715 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €330,685 | €275,998 | €8,923 | €7,569 | €7,482 | - |
| Formation expenses20 | €26,613 | €2,419 | - | - | - | - |
| Fixed assets21/28 | €206,400 | €203,200 | - | - | - | - |
| Tangible fixed assets22/27 | €6,400 | €3,200 | - | - | - | - |
| Financial fixed assets28 | €200,000 | €200,000 | - | - | - | - |
| Current assets29/58 | €97,673 | €70,379 | €8,923 | €7,569 | €7,482 | - |
| Amounts receivable within one year40/41 | €37,192 | €38,610 | €6,436 | €6,436 | €6,436 | - |
| Other amounts receivable41 | - | - | €6,436 | €6,436 | €6,436 | - |
| Cash at bank and in hand54/58 | €60,481 | €31,769 | €2,487 | €1,133 | €1,046 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €330,685 | €275,998 | €8,923 | €7,569 | €7,482 | - |
| Equity10/15 | €182,420 | €139,538 | -€114,553 | -€103,595 | -€80,802 | - |
| Contributions10/11 | €20,000 | - | €20,000 | €20,000 | €20,000 | - |
| Reserves13 | €345,012 | €318,380 | €291,748 | €265,116 | €211,852 | - |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | €2,000 | - |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | €2,000 | - |
| Tax-exempt reserves132 | - | - | €239,688 | €213,056 | €159,792 | - |
| Distributable reserves133 | - | - | €50,060 | €50,060 | €50,060 | - |
| Profit (loss) carried forward14 | -€182,592 | -€198,842 | -€426,300 | -€388,711 | -€312,653 | - |
| Provisions and deferred taxes16 | €147,048 | €133,680 | €120,312 | €106,944 | €80,208 | - |
| Provisions for liabilities and charges160/5 | - | - | €120,312 | €106,944 | €80,208 | - |
| Taxes161 | - | - | €120,312 | €106,944 | €80,208 | - |
| Amounts payable17/49 | €1,217 | €2,781 | €3,164 | €4,220 | €8,076 | - |
| Amounts payable within one year42/48 | €1,217 | €2,781 | €3,164 | €4,220 | €7,999 | - |
| Trade debts44 | €1,015 | €2,582 | €1,922 | €2,980 | €1,500 | - |
| Suppliers440/4 | - | - | €1,922 | €2,980 | €1,500 | - |
| Taxes, remuneration and social security45 | - | - | €238 | €236 | €0 | - |
| Taxes450/3 | - | - | €238 | €236 | €0 | - |
| Other amounts payable47/48 | - | - | €1,004 | €1,004 | €6,499 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €76 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€92,926 | -€56,250 | -€246,458 | -€2,410 | -€2,285 | - |
| + Depreciation and write-downs630 | €27,393 | €27,393 | €5,619 | - | - | - |
| Operating cash flow (approximation) | -€65,533 | -€28,857 | -€240,839 | -€2,410 | -€2,285 | - |
| Investment in fixed assets (approximation) | - | -€24,193 | - | - | - | - |
| Change in cash | - | -€28,711 | -€29,282 | -€1,354 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11512B0140/00E000 | Flanders | 1.5 ha | 1 · 1,645 m² | 32.0 m · 4 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.