THYM
ActiveTHYM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199k and a net result of €28k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 9369 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
91
/ 100
Excellent▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+49
Solvency63▼-16
Growth78=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 2.29 in 2024), but 70.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.5%
Return on assets
4.2%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 19-07-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
31 d late
2023
292 d late
2022
30 d late
2021
18 d early
2020
10 d early
2019
57 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€876k
EBIT margin
0.6%
Net result
€28k▲ 274%
2024 · €8k
2018: €-28k
2019: €89k
2020: €-2k
2021: €34k
2022: €1k
2023: €22k
2024: €8k
2018 → 2025
Working capital
€285k▲ 12.8%
2024 · €253k
2018: €105k
2019: €186k
2020: €88k
2021: €101k
2022: €170k
2023: €262k
2024: €253k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€876k
Equity€140k-€141k▲ 0.8%€163k▲ 15.8%€171k▲ 4.7%€199k▲ 16.6%
Operating result€44k-€5k▼ 87.6%€34k▲ 521%€22k▼ 34.0%€48k▲ 116%
Net result€34k-€1k▼ 96.6%€22k▲ 1,865%€8k▼ 65.8%€28k▲ 274%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 116% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €675k
Fixed assets
€4k▼ 79.5%
Current assets
€671k▲ 49.5%
Equity and liabilities €675k
Equity
€199k▲ 16.6%
Debt
€476k▲ 60.6%
The debt ratio rises from 63.5% to 70.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€49k▼
2024 · €110k
Cash flow
€30k▼
2024 · €95k
Solvency
29.5%▼
2024 · 36.5%
Current ratio
1.74▼
2024 · 2.29
Quick ratio
1.74▼
2024 · 2.29
Debt / equity
2.39▲
2024 · 1.74
ROE
14.3%▲
2024 · 4.4%
ROA
4.2%▲
2024 · 1.6%
Interest coverage
10.68▼
2024 · 26.47
Debt
€476k▲
2024 · €296k
Debt ≤ 1 year
€386k▲
2024 · €196k
Income taxes
€15k▲
2024 · €11k
Staff costs
€35k▼
2024 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€467k€675k▲
Fixed assets21/28€18k€4k▼
Tangible fixed assets22/27€16k€1k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€13k€0▼
Financial fixed assets28€2k€2k=
Current assets29/58€449k€671k▲
Amounts receivable within one year40/41€441k€654k▲
Trade receivables40€430k€646k▲
Other amounts receivable41€11k€9k▼
Deferred charges and accrued income490/1€8k€17k▲
Equity and liabilities
Total equity and liabilities10/49€467k€675k▲
Equity10/15€171k€199k▲
Contributions10/11€12k€12k=
Reserves13€128k€128k=
Distributable reserves133€128k€128k=
Profit (loss) carried forward14€30k€58k▲
Amounts payable17/49€296k€476k▲
Amounts payable after more than one year17€10k-
Financial debts170/4€10k-
Amounts payable within one year42/48€196k€386k▲
Current portion of amounts payable after more than one year42€13k-
Financial debts43€17k€10k▼
Credit institutions430/8€17k€10k▼
Trade debts44€154k€333k▲
Suppliers440/4€154k€333k▲
Taxes, remuneration and social security45€6k€14k▲
Taxes450/3€874€848▼
Remuneration and social security454/9€5k€13k▲
Other amounts payable47/48€6k€29k▲
Accrued charges and deferred income492/3€90k€90k=
Income statement
Code20242025
Remuneration, social security and pensions62€38k€35k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€1k▼
Other operating charges640/8€6k€12k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€156k€96k▼
Operating profit (loss)9901€22k€48k▲
Financial income75/76B€215€132▼
Recurring financial income75€215€132▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€18k€44k▲
Income taxes67/77€11k€15k▲
Profit (loss) for the period9904€8k€28k▲
Profit (loss) for the period to be appropriated9905€8k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€58k▲
Profit (loss) brought forward from the previous period14P€22k€30k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
19-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 292 days late
2023
31-12
Financial
Equity above €150kEq €163k ▲15.8%
3 profitable years in a row build equity to €163k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 57 days late
2019
31-12
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
31-12
Financial
Equity above €100kEq €126k ▲53.8%
Equity rises from €82k to €126k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
06-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2022
Mhassni Youness
CurrentDirector · since 04-07-2022
04-07-2022
Mhassni Youness: Appointed as Director
04-07-2022
Mhassni Mounir: Resigned as Director
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Begijnenstraat 1511080 Sint-Jans-MolenbeekGround area
133 m²
Building footprint
132 m²
Volume, LiDAR
948 m³
Parcel 21526D0045/00M005, Brussels · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Begijnenstraat 151, 1080 Sint-Jans-Molenbeek
since 20112.195.565.603
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0045/00M005 | Brussels | 133 m² | 1 · 132 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MY ELEC
BE 0642.917.483
Wemmel · Eq €199k
EASY Energy Elec
BE 0789.797.952
Brussel · Eq €199k
Verhaeghe - Gardin Elektriciteitswerken
BE 0544.444.667
Zuienkerke · Eq €199k
DEAN
BE 0479.433.980
Zaventem · Eq €199k
Elal Security
BE 0435.539.797
Wijnegem · Eq €199k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,269. 8,236 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2010
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
71121Engineering and related technical consultancy, excluding land surveyors
33140Repair and maintenance of electrical equipment
42220Construction of utility projects for electricity and telecommunications
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.