WILLIAM THOMAS
ActiveWILLIAM THOMAS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €276k and a net result of €5k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-3
Solvency43=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.2 in 2024; short-term debt: 82.5% and cash: 1.5% of total assets), and 82.5% 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 46
Relative position
BE, all sectors
reference
Sector 46
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
17.5%
Return on assets
0.3%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
14 d early
2023
on the day
2022
1 d early
2021
9 d late
2020
8 d late
2019
17 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€276k▲ 2.0%
2024 · €270k
2019: €177k
2020: €186k
2021: €226k
2022: €235k
2023: €261k
2024: €270k
2019 → 2025
Total assets
€1.57M▲ 6.2%
2024 · €1.48M
2019: €920k
2020: €738k
2021: €1.31M
2022: €1.33M
2023: €1.37M
2024: €1.48M
2019 → 2025
Net result
€5k▼ 41.1%
2024 · €9k
2019: €-15k
2020: €9k
2021: €40k
2022: €10k
2023: €26k
2024: €9k
2019 → 2025
Working capital
€266k▲ 10.7%
2024 · €240k
2019: €346k
2020: €167k
2021: €154k
2022: €154k
2023: €201k
2024: €240k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€226k-€235k▲ 4.2%€261k▲ 11.0%€270k▲ 3.5%€276k▲ 2.0%
Operating result€36k-€12k▼ 65.3%€78k▲ 523%€6k▼ 92.3%€2k▼ 60.9%
Net result€40k-€10k▼ 76.5%€26k▲ 172%€9k▼ 64.5%€5k▼ 41.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 61% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.57M
Fixed assets
€10k▼ 67.9%
Current assets
€1.56M▲ 7.8%
Equity and liabilities €1.57M
Equity
€276k▲ 2.0%
Debt
€1.30M▲ 7.2%
The debt ratio rises from 81.7% to 82.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▼
2024 · €37k
Cash flow
€26k▼
2024 · €40k
Solvency
17.5%▼
2024 · 18.3%
Current ratio
1.21▲
2024 · 1.20
Quick ratio
0.47▲
2024 · 0.46
Debt / equity
4.70▲
2024 · 4.48
ROE
2.0%▼
2024 · 3.4%
ROA
0.3%▼
2024 · 0.6%
Interest coverage
5.74▼
2024 · 28.88
Debt
€1.30M▲
2024 · €1.21M
Debt ≤ 1 year
€1.30M▲
2024 · €1.21M
Income taxes
€7k▲
2024 · €5k
Staff costs
€183k▼
2024 · €232k
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€1.48M€1.57M▲
Fixed assets21/28€30k€10k▼
Tangible fixed assets22/27€30k€10k▼
Plant, machinery and equipment23€27k€10k▼
Furniture and vehicles24€3k€0▼
Current assets29/58€1.45M€1.56M▲
Stocks and contracts in progress3€889k€953k▲
Stocks30/36€889k€953k▲
Amounts receivable within one year40/41€529k€587k▲
Trade receivables40€524k€586k▲
Other amounts receivable41€5k€792▼
Cash at bank and in hand54/58€33k€24k▼
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.57M▲
Equity10/15€270k€276k▲
Contributions10/11€63k€63k=
Outside capital11€63k-
Share premium1100/10€0-
Other1109/19€63k-
Reserves13€91k€97k▲
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311-€6k
Other1319€6k-
Distributable reserves133€85k€90k▲
Profit (loss) carried forward14€116k€116k=
Amounts payable17/49€1.21M€1.30M▲
Amounts payable within one year42/48€1.21M€1.30M▲
Trade debts44€173k€369k▲
Suppliers440/4€173k€369k▲
Taxes, remuneration and social security45€85k€61k▼
Taxes450/3€17k€14k▼
Remuneration and social security454/9€68k€47k▼
Other amounts payable47/48€953k€867k▼
Income statement
Code20242025
Non-recurring operating income76A-€153k
Remuneration, social security and pensions62€232k€183k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€20k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€164k
Other operating charges640/8€3k€3k▼
Gross operating margin9900€272k€373k▲
Operating profit (loss)9901€6k€2k▼
Financial income75/76B€9k€14k▲
Recurring financial income75€9k€14k▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€14k€12k▼
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€9k€5k▼
Transfer to tax-exempt reserves689€9k-
Profit (loss) for the period to be appropriated9905€0€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€116k€122k▲
Profit (loss) brought forward from the previous period14P€116k€116k=
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (7 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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
17-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-06
Financial
Highest result since 2019net €40k ▲365%
Net result €40k, the highest in the series.
30-06
Financial
Equity above €200kEq €226k ▲21.8%
2 profitable years in a row build equity to €226k.
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 8 days late
2020
30-06
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
14-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 287 days late
2016
30-12
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
3 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, Ronse · 1 establishment unit since 1986
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.
Ninoofsesteenweg 5519600 RonseGround area
711 m²
Building footprint
711 m²
Volume, LiDAR
2,672 m³
Parcel 45422C1019/00H000, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Ninoofsesteenweg 551, 9600 Ronse
since 19862.028.958.007
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422C1019/00H000 | Flanders | 711 m² | 1 · 711 m² | 5.8 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.
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RECYCLAGE DEBACKER & ZN
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VRINTS SCRAP & SERVICES
BE 0440.186.493
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SERCK METALS RECYCLING
BE 0420.776.496
Braine-l'Alleud · Eq €301k
Of 414 companies in sector 46872 we hold annual accounts for 218. 152 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-1986
Fiscal year end30-06
Activities, NACEBEL
46831Wholesale of construction materials, general range
46872Wholesale trade
51570
18120Other printing
46832Wholesale of timber
47522Retail trade
47639Retail sale of other sporting goods
47711Retail sale of women's outerwear
47712Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.