VAN THOURNOUT & PARTNERS
ActiveSummary
VAN THOURNOUT & PARTNERS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185k and a net result of €28k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 68% of 384 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+12
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 6.84 in 2024; short-term debt: 19.1% and cash: 32.4% of total assets), and 19.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 94
Relative position
BE, all sectors
reference
Sector 94
lower
← fewer bankruptcies
more bankruptcies →
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
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
80.9%
Return on assets
12.4%
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
on the day
2022
on the day
2021
22 d late
2020
on the day
2019
111 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€185k▼ 10.6%
2024 · €206k
2018: €176k
2019: €185k
2020: €192k
2021: €193k
2022: €210k
2023: €208k
2024: €206k
2018 → 2025
Total assets
€228k▲ 1.5%
2024 · €225k
2018: €289k
2019: €289k
2020: €322k
2021: €286k
2022: €260k
2023: €238k
2024: €225k
2018 → 2025
Net result
€28k▲ 414%
2024 · €5k
2018: €22k
2019: €17k
2020: €17k
2021: €9k
2022: €27k
2023: €18k
2024: €5k
2018 → 2025
Working capital
€76k▼ 29.0%
2024 · €107k
2018: €68k
2019: €80k
2020: €91k
2021: €110k
2022: €121k
2023: €108k
2024: €107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€193k-€210k▲ 8.7%€208k▼ 1.0%€206k▼ 0.7%€185k▼ 10.6%
Operating result€13k-€37k▲ 183%€20k▼ 47.4%€-319€24k
Net result€9k-€27k▲ 195%€18k▼ 33.3%€5k▼ 69.4%€28k▲ 414%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €24k after a loss of €319 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228k
Fixed assets
€108k ▲ 9.4%
Current assets
€120k ▼ 4.7%
Equity and liabilities €228k
Equity
€185k ▼ 10.6%
Debt
€44k ▲ 137%
Debt's share of the balance-sheet total rises from 8.2% to 19.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€27k▲
2024 · €2k
Cash flow
€32k▲
2024 · €8k
Current ratio
2.75▼
2024 · 6.84
Debt to equity
0.24▲
2024 · 0.09
ROE
15.3%▲
2024 · 2.7%
ROA
12.4%▲
2024 · 2.4%
Interest coverage
95.05▲
2024 · 7.89
Debt ≤ 1 year
€44k▲
2024 · €18k
Income taxes
€3k▲
2024 · €500
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€225k€228k▲
Fixed assets21/28€99k€108k▲
Tangible fixed assets22/27€4k€14k▲
Furniture and vehicles24€3k€13k▲
Other tangible fixed assets26€1k€406▼
Financial fixed assets28€95k€95k=
Current assets29/58€126k€120k▼
Amounts receivable within one year40/41€78k€46k▼
Trade receivables40€56k€28k▼
Other amounts receivable41€22k€18k▼
Cash at bank and in hand54/58€47k€74k▲
Deferred charges and accrued income490/1€930€244▼
Equity and liabilities
Total equity and liabilities10/49€225k€228k▲
Equity10/15€206k€185k▼
Contributions10/11€19k€19k=
Reserves13€62k€56k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€60k€54k▼
Profit (loss) carried forward14€126k€110k▼
Amounts payable17/49€18k€44k▲
Amounts payable within one year42/48€18k€44k▲
Financial debts43€699€1▼
Credit institutions430/8€699€1▼
Trade debts44€601€13k▲
Suppliers440/4€601€13k▲
Taxes, remuneration and social security45€10k€5k▼
Taxes450/3€8k€5k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€7k€25k▲
Income statement
Code20242025
Non-recurring operating income76A€1k€5k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-849
Other operating charges640/8€695€4k▲
Non-recurring operating charges66A€1k€5k▲
Gross operating margin9900€4k€35k▲
Operating profit (loss)9901€-319€24k▲
Financial income75/76B€7k€8k▲
Recurring financial income75€7k€8k▲
Financial charges65/66B€301€287▼
Recurring financial charges65€301€287▼
Profit (loss) for the period before taxes9903€6k€31k▲
Income taxes67/77€500€3k▲
Profit (loss) for the period9904€5k€28k▲
Profit (loss) for the period to be appropriated9905€5k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€138k€154k▲
Profit (loss) brought forward from the previous period14P€133k€126k▼
Transfer to equity691/2€5k€9k▲
To other reserves6921€5k€9k▲
Profit to be distributed694/7€7k€35k▲
Return on contributions (dividend)694€7k€35k▲
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €28k ▲414%
Net result €28k, the highest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €5k ▼69.4%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €210k ▲8.7%
5 profitable years in a row build equity to €210k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 111 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Ganshoren · 1 establishment unit since 2006
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.
Maria van Hongarijelaan 641083 GanshorenGround area
680 m²
Building footprint
145 m²
Volume, LiDAR
2,474 m³
Parcel 21392A0064/00L002, Brussels · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Maria van Hongarijelaan 64, 1083 Ganshoren
since 20062.228.422.867
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392A0064/00L002 | Brussels | 680 m² | 1 · 145 m² | 20.5 m · 6 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.
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Of 1,256 companies in sector 94110 we hold annual accounts for 579. 378 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
94110Activities of business and employers' organisations
94120Activities of professional membership organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:mvt@logistica.be
Phone:0204640398