Van Thillo Gert
ActiveSummary
The annual accounts of Van Thillo Gert for fiscal year 2025 show a net loss of 77% of total assets. The 2025 annual accounts show equity of €13k and a net result of €-11k. Equity is shrinking by ~31.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 90% of 7780 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-54
Solvency100▲+8
Growth32=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.61 against 1.63 in 2024; short-term debt: 8.9% and cash: 3.9% of total assets), and 8.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.1%
Return on assets
-76.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year €-11k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
29 d early
2023
8 d early
← 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€13k▼ 45.7%
2024 · €24k
Total assets
€14k▼ 59.8%
2024 · €36k
Net result
€-11k▼ 158%
2024 · €-4k
Working capital
€2k▼ 70.9%
2024 · €7k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€23k-€-4k€-11k▼ 166%
Net result€18k-€-4k€-11k▼ 158%
Equity€28k-€24k▼ 15.1%€13k▼ 45.7%
Total assets€57k-€36k▼ 37.9%€14k▼ 59.8%
Debt€29k-€12k▼ 60.1%€1k▼ 89.0%
Working capital€5k-€7k▲ 40.8%€2k▼ 70.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€11k ▼ 36.2%
Current assets
€3k ▼ 81.8%
Equity and liabilities €14k
Equity
€13k ▼ 45.7%
Debt
€1k ▼ 89.0%
Debt's share of the balance-sheet total falls from 32.6% to 8.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €2k
Cash flow
€-5k▼
2024 · €2k
Current ratio
2.61▲
2024 · 1.63
Debt to equity
0.10▼
2024 · 0.48
ROE
-84.0%▼
2024 · -17.7%
ROA
-76.5%▼
2024 · -12.0%
Interest coverage
-26.12▼
2024 · 19.22
Debt ≤ 1 year
€1k▼
2024 · €11k
Income taxes
€132▲
2024 · €128
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €6k | €6k | = |
| Other operating charges640/8 | €485 | €578 | €120 | ▼ 79.2% |
| Gross operating margin9900 | €25k | €3k | €-4k | ▼ 253% |
| Operating profit (loss)9901 | €23k | €-4k | €-11k | ▼ 166% |
| Financial income75/76B | €5 | €0 | - | - |
| Recurring financial income75 | €5 | €0 | - | - |
| Financial charges65/66B | €372 | €116 | €170 | ▲ 46.1% |
| Recurring financial charges65 | €372 | €116 | €170 | ▲ 46.1% |
| Profit (loss) for the period before taxes9903 | €23k | €-4k | €-11k | ▼ 162% |
| Income taxes67/77 | €5k | €128 | €132 | ▲ 3.1% |
| Profit (loss) for the period9904 | €18k | €-4k | €-11k | ▼ 158% |
| Profit (loss) for the period to be appropriated9905 | €18k | €-4k | €-11k | ▼ 158% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €57k | €36k | €14k | ▼ 59.8% |
| Fixed assets21/28 | €23k | €17k | €11k | ▼ 36.2% |
| Tangible fixed assets22/27 | €23k | €17k | €11k | ▼ 36.2% |
| Furniture and vehicles24 | €23k | €17k | €11k | ▼ 36.2% |
| Current assets29/58 | €34k | €18k | €3k | ▼ 81.8% |
| Amounts receivable within one year40/41 | - | €2k | €2k | ▲ 7.8% |
| Trade receivables40 | - | €1k | €2k | ▲ 27.1% |
| Other amounts receivable41 | - | €438 | €233 | ▼ 46.9% |
| Cash at bank and in hand54/58 | €16k | €16k | €560 | ▼ 96.5% |
| Deferred charges and accrued income490/1 | €18k | €806 | €973 | ▲ 20.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €57k | €36k | €14k | ▼ 59.8% |
| Equity10/15 | €28k | €24k | €13k | ▼ 45.7% |
| Contributions10/11 | €10k | €10k | €10k | = |
| Reserves13 | €18k | €14k | €14k | = |
| Distributable reserves133 | €18k | €14k | €14k | = |
| Profit (loss) carried forward14 | - | - | €-11k | - |
| Amounts payable17/49 | €29k | €12k | €1k | ▼ 89.0% |
| Amounts payable within one year42/48 | €29k | €11k | €1k | ▼ 88.7% |
| Trade debts44 | €2k | €2k | €0 | ▼ 100% |
| Suppliers440/4 | €2k | €2k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €7k | €5k | €260 | ▼ 94.6% |
| Taxes450/3 | €7k | €5k | €260 | ▼ 94.6% |
| Other amounts payable47/48 | €20k | €5k | €1k | ▼ 77.3% |
| Accrued charges and deferred income492/3 | €232 | €302 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €-4k | €-11k | ▼ 158% |
| + Depreciation and write-downs630 | €2k | €6k | €6k | = |
| Operating cash flow (approximation) | €20k | €2k | €-5k | ▼ 338% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €-280 | €-15k | ▼ 5,387% |
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
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kalmthout · 1 establishment unit since 2023
Ground area
4,747 m²
Building footprint
1,360 m²
Volume, LiDAR
5,618 m³
Parcel 11662E0236/00B000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Van Thillo Gert
since 20232.348.113.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0236/00B000 | Flanders | 4,746 m² | 1 · 1,360 m² | 7.8 m · 1 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.
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,413. 5,029 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
Founded14-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Contact
E-mail
info@heyveldhoeve.beKalmthout
Scores and ratios are computed by Checked and are not a credit decision.