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Together We Thrive

Active
Private limited companyfounded 20241 yr activeLouis Van Houttestraat 14, 9050 Gent, BelgiumKBO/BCE: BE 1014.459.652
Summary

Together We Thrive has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €61k. Its solvency ranks better than 48% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+4
Solvency79▲+31
Growth78
Track record82
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 2.36 against 1.18 in 2024; short-term debt: 28.1% and cash: 52.8% of total assets), and 46.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
53.7%
Return on assets
37.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
26 d late
2024
27 d late
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€88k▲ 216%
2024 · €28k
2024: €28k 2025: €88k▲ +216% vs 2024
2024 → 2025
Total assets
€164k▲ 37.4%
2024 · €120k
2024: €120k 2025: €164k▲ +37.4% vs 2024
2024 → 2025
Net result
€61k▲ 138%
2024 · €26k
2024: €26k 2025: €61k▲ +138% vs 2024
2024 → 2025
Working capital
€63k▲ 650%
2024 · €8k
2024: €8k 2025: €63k▲ +650% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20242025Trend
Equity€28k-€88k▲ 216% 2024: €28k 2025: €88k▲ +216% vs 2024
Operating result€33k-€81k▲ 146% 2024: €33k 2025: €81k▲ +146% vs 2024
Net result€26k-€61k▲ 138% 2024: €26k 2025: €61k▲ +138% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2024: €33k€33kNet result 2024: €26k€26kOperating result 2025: €81k€81kNet result 2025: €61k€61k20242025€0€25k€50k€75kOperating result 2024: €33k€33kNet result 2024: €26k€26kOperating result 2025: €81k€81kNet result 2025: €61k€61k20242025
The operating result rises in 2025; 2025 is 146% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets €55k ▼ 14.1%
Current assets €109k ▲ 97.3%
Equity and liabilities €164k
Equity €88k ▲ 216%
Debt €76k ▼ 17.1%
Debt's share of the balance-sheet total falls from 76.7% to 46.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€94k▲
2024 · €35k
Cash flow
€75k▲
2024 · €28k
Current ratio
2.36▲
2024 · 1.18
Debt to equity
0.86▼
2024 · 3.28
ROE
69.3%▼
2024 · 92.3%
ROA
37.3%▲
2024 · 21.5%
Interest coverage
48.22▼
2024 · 119.23
Debt ≤ 1 year
€46k▼
2024 · €47k
Debt > 1 year
€30k▼
2024 · €45k
Income taxes
€17k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€120k€164k▲
Fixed assets21/28€64k€55k▼
Tangible fixed assets22/27€64k€55k▼
Furniture and vehicles24€64k€55k▼
Current assets29/58€55k€109k▲
Amounts receivable within one year40/41€14k€21k▲
Trade receivables40€12k€18k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€41k€87k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€120k€164k▲
Equity10/15€28k€88k▲
Contributions10/11€3k€3k=
Reserves13€25k€85k▲
Distributable reserves133€25k€85k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€92k€76k▼
Amounts payable after more than one year17€45k€30k▼
Financial debts170/4€45k€30k▼
Amounts payable within one year42/48€47k€46k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€945€2k▲
Suppliers440/4€945€2k▲
Taxes, remuneration and social security45€19k€28k▲
Taxes450/3€19k€28k▲
Other amounts payable47/48€13k€833▼
Accrued charges and deferred income492/3€121€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€14k▲
Other operating charges640/8€50€53▲
Gross operating margin9900€35k€94k▲
Operating profit (loss)9901€33k€81k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€290€2k▲
Recurring financial charges65€290€2k▲
Profit (loss) for the period before taxes9903€32k€79k▲
Income taxes67/77€7k€17k▲
Profit (loss) for the period9904€26k€61k▲
Profit (loss) for the period to be appropriated9905€26k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€61k▲
Transfer to equity691/2€25k€60k▲
To other reserves6921€25k€60k▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€14k▲ 641%
Other operating charges640/8€50€53▲ 6.0%
Gross operating margin9900€35k€94k▲ 172%
Operating profit (loss)9901€33k€81k▲ 146%
Financial income75/76B€0€0▼ 100%
Recurring financial income75€0€0▼ 100%
Financial charges65/66B€290€2k▲ 574%
Recurring financial charges65€290€2k▲ 574%
Profit (loss) for the period before taxes9903€32k€79k▲ 142%
Income taxes67/77€7k€17k▲ 161%
Profit (loss) for the period9904€26k€61k▲ 138%
Profit (loss) for the period to be appropriated9905€26k€61k▲ 138%
Line20242025Change
Assets
Total assets20/58€120k€164k▲ 37.4%
Fixed assets21/28€64k€55k▼ 14.1%
Tangible fixed assets22/27€64k€55k▼ 14.1%
Furniture and vehicles24€64k€55k▼ 14.1%
Current assets29/58€55k€109k▲ 97.3%
Amounts receivable within one year40/41€14k€21k▲ 50.1%
Trade receivables40€12k€18k▲ 53.3%
Other amounts receivable41€2k€2k▲ 29.0%
Cash at bank and in hand54/58€41k€87k▲ 110%
Deferred charges and accrued income490/1-€1k-
Equity and liabilities
Total equity and liabilities10/49€120k€164k▲ 37.4%
Equity10/15€28k€88k▲ 216%
Contributions10/11€3k€3k=
Reserves13€25k€85k▲ 242%
Distributable reserves133€25k€85k▲ 242%
Profit (loss) carried forward14€0€0-
Amounts payable17/49€92k€76k▼ 17.1%
Amounts payable after more than one year17€45k€30k▼ 33.1%
Financial debts170/4€45k€30k▼ 33.1%
Amounts payable within one year42/48€47k€46k▼ 1.6%
Current portion of amounts payable after more than one year42€14k€15k▲ 3.6%
Trade debts44€945€2k▲ 162%
Suppliers440/4€945€2k▲ 162%
Taxes, remuneration and social security45€19k€28k▲ 49.0%
Taxes450/3€19k€28k▲ 49.0%
Other amounts payable47/48€13k€833▼ 93.5%
Accrued charges and deferred income492/3€121€0▼ 100%
Line20242025Change
Profit (loss) for the period9904€26k€61k▲ 138%
+ Depreciation and write-downs630€2k€14k▲ 641%
Operating cash flow (approximation)€28k€75k▲ 171%
Investment in fixed assets (approximation)-€-5k-
Change in cash-€45k-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-09
State Gazette act Registered office
Registered-office move2 facts ▸
  • Registered-office move, Ham 89, 9000 Gent
  • Board meeting, 21-09-2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial Liquidity doublescurrent ratio 2.36
Current ratio from 1.18 to 2.36; short-term debt falls from €47k to €46k.
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
72 m²
Building footprint
52 m²
Volume, LiDAR
414 m³
Parcel 44362B0288/00M005, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Together We Thrive
Louis Van Houttestraat 14, 9050 GentBusiness consulting
since 20242.364.928.195
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44362B0288/00M005 Flanders 71 m² 1 · 52 m² 11.6 m · 3 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.

Recognitions · licences · registrations

Legal Entity Identifier

699400MC4GJBHNO2C779
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,396 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
Founded01-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
55209Other holiday and short-stay accommodation
68203Renting and operating of own or leased non-residential real estate, excluding land
82100Office administrative and support services
82990Other business support services
85599Other education

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