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Private limited companyfounded 200026 yrs activeMassinweg 9, 3511 Hasselt, BelgiumKBO/BCE: BE 0471.422.968
Summary

THYPE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €84,544 and a net result of €58,434. Equity is shrinking by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 63% of 9866 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year €84,544
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
2 d early
2023
on the day
2022
3 d early
2021
29 d late
2020
3 d early
2019
50 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

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

History

THYPE was incorporated on 14 March 2000.1 Total assets fell from EUR 155,540 in 2019 to EUR 124,973 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€84,544▲ 224%
2023 · €26,110
Net result
€58,434
2023 · -€11,293
Total assets
€124,973▼ 28.4%
2023 · €174,612
Solvency
67.6%▲ 52.7pp
2023 · 15.0%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€1,303€9,821▲ 654%-€7,894-€9,452▼ 19.7%-€72,227▼ 664%
Net result-€2,255below the sector's middle half▲ 84.2%€5,288below the sector's middle half-€9,928below the sector's middle half-€11,293below the sector's middle half▼ 13.7%€58,434within the sector's middle half
Equity€89,388within the sector's middle half▼ 2.5%€47,331below the sector's middle half▼ 47.1%€37,402below the sector's middle half▼ 21.0%€26,110below the sector's middle half▼ 30.2%€84,544within the sector's middle half▲ 224%
Total assets€110,873below the sector's middle half▼ 28.7%€103,235below the sector's middle half▼ 6.9%€96,285below the sector's middle half▼ 6.7%€174,612below the sector's middle half▲ 81.3%€124,973within the sector's middle half▼ 28.4%
Debt€21,485▼ 59.4%€55,904▲ 160%€58,883▲ 5.3%€148,503▲ 152%€40,430▼ 72.8%
Working capital€57,386▼ 39.9%€6,270▼ 89.1%€6,835▲ 9.0%-€955€74,745
Solvency80.6%above the sector's middle half▲ 21.7pp45.8%within the sector's middle half▼ 34.8pp38.8%within the sector's middle half▼ 7.0pp15.0%below the sector's middle half▼ 23.9pp67.6%within the sector's middle half▲ 52.7pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2020: €1,303€1,303Net result 2020: -€2,255-€2,255Operating result 2021: €9,821€9,821Net result 2021: €5,288€5,288Operating result 2022: -€7,894-€7,894Net result 2022: -€9,928-€9,928Operating result 2023: -€9,452-€9,452Net result 2023: -€11,293-€11,293Operating result 2024: -€72,227-€72,227Net result 2024: €58,434€58,43420202021202220232024-€100,000-€50,000€0€50,000Operating result 2022: -€7,894-€7,890Net result 2022: -€9,928-€9,930Operating result 2023: -€9,452-€9,450Net result 2023: -€11,293-€11,300Operating result 2024: -€72,227-€72,200Net result 2024: €58,434€58,400202220232024
The operating result stays negative: a loss of €72,227 in 2024 against €9,452 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124,973
Fixed assets €9,798 ▼ 64.9%
Current assets €115,175 ▼ 21.5%
Equity and liabilities €124,973
Equity €84,544 ▲ 224%
Debt €40,430 ▼ 72.8%
Debt's share of the balance-sheet total falls from 85.0% to 32.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
ROE
69.1%▲
2023 · -43.3%
ROA
46.8%▲
2023 · -6.5%
Debt ≤ 1 year
€40,430▼
2023 · €147,688
Income taxes
€2,249▲
2023 · €177
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€174,612€124,973▼
Fixed assets21/28€27,879€9,798▼
Tangible fixed assets22/27€12,542€9,798▼
Land and buildings22€9,133€7,428▼
Furniture and vehicles24€3,409€2,371▼
Financial fixed assets28€15,336-
Current assets29/58€146,734€115,175▼
Current investments50/53€125,000-
Cash at bank and in hand54/58€19,935€110,832▲
Deferred charges and accrued income490/1€1,799€4,343▲
Equity and liabilities
Total equity and liabilities10/49€174,612€124,973▼
Equity10/15€26,110€84,544▲
Contributions10/11€6,200€6,200=
Reserves13€67,490€78,344▲
Non-distributable reserves130/1€1,900-
Reserves not available under the articles1311€1,900-
Distributable reserves133€65,590€78,344▲
Profit (loss) carried forward14-€47,580-
Amounts payable17/49€148,503€40,430▼
Amounts payable within one year42/48€147,688€40,430▼
Trade debts44€2,303€1,073▼
Suppliers440/4€2,303€1,073▼
Taxes, remuneration and social security45-€1,037
Taxes450/3-€1,037
Other amounts payable47/48€145,385€38,320▼
Accrued charges and deferred income492/3€814-
Income statement Code20232024
Non-recurring operating income76A€285-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,089€4,142▼
Other operating charges640/8€1,240€1,278▲
Gross operating margin9900-€3,122-€66,807▼
Operating profit (loss)9901-€9,452-€72,227▼
Financial income75/76B€847€152,079▲
Recurring financial income75€847€151,979▲
Non-recurring financial income76B-€100
Financial charges65/66B€2,511€19,169▲
Recurring financial charges65€2,511€3,833▲
Non-recurring financial charges66B-€15,336
Profit (loss) for the period before taxes9903-€11,116€60,683▲
Income taxes67/77€177€2,249▲
Profit (loss) for the period9904-€11,293€58,434▲
Profit (loss) for the period to be appropriated9905-€11,293€58,434▲
Appropriation of the result
Profit (loss) to be appropriated9906-€47,580€10,854▲
Profit (loss) brought forward from the previous period14P-€36,288-€47,580▼
Transfer to equity691/2-€10,854
To other reserves6921-€10,854

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€10,200-€285--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,217€3,271€7,312€5,089€4,142▼ 18.6%
Other operating charges640/8-€2,111€1,050€1,240€1,278▲ 3.0%
Non-recurring operating charges66A--€285---
Gross operating margin9900-€3,391€15,202€753-€3,122-€66,807▼ 2,040%
Operating profit (loss)9901€1,303€9,821-€7,894-€9,452-€72,227▼ 664%
Financial income75/76B-€2,053€0€847€152,079▲ 17,859%
Recurring financial income75€125€2,053€0€847€151,979▲ 17,847%
Non-recurring financial income76B----€100-
Financial charges65/66B-€2,663€2,500€2,511€19,169▲ 663%
Recurring financial charges65€3,165€2,663€2,500€2,511€3,833▲ 52.7%
Non-recurring financial charges66B----€15,336-
Profit (loss) for the period before taxes9903-€1,738€9,212-€10,394-€11,116€60,683▲ 646%
Income taxes67/77€517€3,924-€466€177€2,249▲ 1,171%
Profit (loss) for the period9904-€2,255€5,288-€9,928-€11,293€58,434▲ 617%
Profit (loss) for the period to be appropriated9905-€2,255€5,288-€9,928-€11,293€58,434▲ 617%
Line20202021202220232024Change
Assets
Total assets20/58€110,873€103,235€96,285€174,612€124,973▼ 28.4%
Fixed assets21/28€32,002€41,061€31,571€27,879€9,798▼ 64.9%
Tangible fixed assets22/27€19,462€23,784€17,347€12,542€9,798▼ 21.9%
Land and buildings22-€12,543€10,838€9,133€7,428▼ 18.7%
Furniture and vehicles24-€11,241€6,509€3,409€2,371▼ 30.5%
Financial fixed assets28€12,540€17,277€14,224€15,336--
Current assets29/58€78,870€62,174€64,715€146,734€115,175▼ 21.5%
Amounts receivable within one year40/41€24,513-€2,097---
Other amounts receivable41--€2,097---
Current investments50/53---€125,000--
Cash at bank and in hand54/58€42,357€62,174€62,618€19,935€110,832▲ 456%
Deferred charges and accrued income490/1---€1,799€4,343▲ 141%
Equity and liabilities
Total equity and liabilities10/49€110,873€103,235€96,285€174,612€124,973▼ 28.4%
Equity10/15€89,388€47,331€37,402€26,110€84,544▲ 224%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€114,835€67,490€67,490€67,490€78,344▲ 16.1%
Non-distributable reserves130/1-€1,900€1,900€1,900--
Reserves not available under the articles1311-€1,900€1,900€1,900--
Distributable reserves133-€65,590€65,590€65,590€78,344▲ 19.4%
Profit (loss) carried forward14-€31,647-€26,359-€36,288-€47,580--
Amounts payable17/49€21,485€55,904€58,883€148,503€40,430▼ 72.8%
Amounts payable within one year42/48€21,485€55,904€57,880€147,688€40,430▼ 72.6%
Financial debts43-€16,598€30,000---
Credit institutions430/8-€16,598€30,000---
Trade debts44€3,924€3,415€6,218€2,303€1,073▼ 53.4%
Suppliers440/4-€3,415€6,218€2,303€1,073▼ 53.4%
Taxes, remuneration and social security45-€3,925€3,459-€1,037-
Taxes450/3-€3,925€3,459-€1,037-
Other amounts payable47/48-€31,966€18,204€145,385€38,320▼ 73.6%
Accrued charges and deferred income492/3--€1,003€814--
Line20202021202220232024Change
Profit (loss) for the period9904-€2,255€5,288-€9,928-€11,293€58,434▲ 617%
+ Depreciation and write-downs630€3,217€3,271€7,312€5,089€4,142▼ 18.6%
Operating cash flow (approximation)€962€8,558-€2,616-€6,204€62,576▲ 1,109%
Investment in fixed assets (approximation)--€12,329€2,178-€1,397€13,938▲ 1,098%
Change in cash-€19,817€443-€42,683€90,897▲ 313%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €58,434
Net result €58,434 after 2 loss-making years.
31-12
Financial Liquidity triplescurrent ratio 2.85
Current ratio from 0.99 to 2.85; short-term debt falls from €147,688 to €40,430.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial Back to profitnet €5,288
Net result €5,288 after 2 loss-making years.
28-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
12-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
05-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
14-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
12-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
519 m²
Building footprint
141 m²
Volume, LiDAR
852 m³
Parcel 71056A0197/00S000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BBL
Massinweg 9, 3511 HasseltNACE 67201
since 20002.099.524.913
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71056A0197/00S000 Flanders 519 m² 1 · 141 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2023 list no shareholders, and no other source names one.

Holdings 1

According to the 2023 annual accounts of THYPE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 2,694 EUR awarded · 2,694 EUR paid
Year Entries awardedpaid
2025 1 1,485 EUR2,400 EUR
2024 1 1,047 EUR132 EUR
2023 1 56 EUR56 EUR
2022 1 106 EUR106 EUR
Schemes
4 entries · 2,694 EUR · 2,694 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 11,922 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0471422968
Also 9925:BE0471422968
Registered 06-03-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.