Van Thielen
ActiveVan Thielen has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141k and a net result of €147k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+24
Solvency78▼-15
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.27 in 2024; short-term debt: 47% and cash: 6.9% of total assets), and 47% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
53%
Return on assets
55.1%
Age of the figures
9 mo
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
18 d late
2023
20 d late
2022
13 d early
2021
30 d late
2020
17 d early
2019
10 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€141k▼ 42.9%
2024 · €247k
2018: €387k
2019: €392k
2020: €437k
2021: €473k
2022: €413k
2023: €373k
2024: €247k
2018 → 2025
Total assets
€266k▼ 27.2%
2024 · €365k
2018: €943k
2019: €929k
2020: €953k
2021: €947k
2022: €459k
2023: €381k
2024: €365k
2018 → 2025
Net result
€147k▲ 556%
2024 · €22k
2018: €-56k
2019: €5k
2020: €45k
2021: €37k
2022: €-41k
2023: €-40k
2024: €22k
2018 → 2025
Working capital
€-106k▼ 23.7%
2024 · €-86k
2018: €-82k
2019: €-58k
2020: €29k
2021: €92k
2022: €34k
2023: €29k
2024: €-86k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€473k-€413k▼ 12.7%€373k▼ 9.7%€247k▼ 33.8%€141k▼ 42.9%
Operating result€70k-€-42k€-39k▲ 6.9%€23k€180k▲ 689%
Net result€37k-€-41k€-40k▲ 1.8%€22k€147k▲ 556%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 689% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €266k
Fixed assets
€247k▼ 25.7%
Current assets
€19k▼ 41.9%
Equity and liabilities €266k
Equity
€141k▼ 42.9%
Debt
€125k▲ 5.7%
The debt ratio rises from 32.4% to 47.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€183k▲
2024 · €39k
Cash flow
€150k▲
2024 · €39k
Solvency
53.0%▼
2024 · 67.6%
Current ratio
0.15▼
2024 · 0.27
Quick ratio
0.15▼
2024 · 0.27
Debt / equity
0.89▲
2024 · 0.48
ROE
104.1%▲
2024 · 9.1%
ROA
55.1%▲
2024 · 6.1%
Interest coverage
255.42▲
2024 · 135.31
Debt
€125k▲
2024 · €118k
Debt ≤ 1 year
€125k▲
2024 · €118k
Income taxes
€32k▲
2024 · €140
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€365k€266k▼
Fixed assets21/28€333k€247k▼
Tangible fixed assets22/27€333k€247k▼
Land and buildings22€320k€217k▼
Furniture and vehicles24€12k€30k▲
Current assets29/58€33k€19k▼
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€32k€18k▼
Deferred charges and accrued income490/1€680€547▼
Equity and liabilities
Total equity and liabilities10/49€365k€266k▼
Equity10/15€247k€141k▼
Contributions10/11€272k€30k▼
Reserves13€31k€111k▲
Distributable reserves133€31k€111k▲
Profit (loss) carried forward14€-57k€0▲
Amounts payable17/49€118k€125k▲
Amounts payable within one year42/48€118k€125k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€205€1k▲
Suppliers440/4€205€1k▲
Taxes, remuneration and social security45€3k€12k▲
Taxes450/3€3k€10k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€115k€112k▼
Income statement
Code20242025
Non-recurring operating income76A€13k€147k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€4k▼
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A€852€0▼
Gross operating margin9900€45k€189k▲
Operating profit (loss)9901€23k€180k▲
Financial income75/76B€19€0▼
Recurring financial income75€19€0▼
Financial charges65/66B€290€718▲
Recurring financial charges65€290€718▲
Profit (loss) for the period before taxes9903€22k€179k▲
Income taxes67/77€140€32k▲
Profit (loss) for the period9904€22k€147k▲
Profit (loss) for the period to be appropriated9905€22k€147k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€90k▲
Profit (loss) brought forward from the previous period14P€-79k€-57k▲
Transfer from equity791/2€119k€0▼
Transfer to equity691/2-€80k
To other reserves6921-€80k
Profit to be distributed694/7€119k€10k▼
Return on contributions (dividend)694€119k€0▼
Directors or managers695-€10k
The notes to these accounts (8 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
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €147k ▲556%
Operating result €180k, net result €147k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 4.47
Current ratio from 1.85 to 4.47; short-term debt falls from €40k to €8k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Herselt · 1 establishment unit since 1978
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.
Blaubergsesteenweg 462230 HerseltGround area
4,246 m²
Building footprint
682 m²
Volume, LiDAR
2,582 m³
Parcel 13392M0818/00F003, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Garage Van Thielen
since 19782.017.388.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13392M0818/00F003 | Flanders | 4,246 m² | 1 · 682 m² | 6.4 m · 1 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
SRL GARAGE ROLAND FAMEREE
BE 0474.179.154
Marchin · Eq €141k
AUTO'S 4Y
BE 0825.673.995
Antwerpen · Eq €141k
BL & CIE
BE 0739.558.682
Asse · Eq €141k
BC CARS
BE 0687.514.323
Bilzen-Hoeselt · Eq €141k
CINEY AUTOMOBILES
BE 0732.995.247
Ciney · Eq €141k
Of 10,681 companies in sector 47811 we hold annual accounts for 5,225. 3,704 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-1978
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.