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Full Throttle

Active
Private limited company·Bouw van andere civieltechnische werken, neg· 3 yrs active
Tragel 60 ·9308 Aalst, Belgium
KBO/BCE: BE 0790.270.876
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age3 yrs
Board2
Connections23
Real estate1 parcel · 2.3 ha

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Full Throttle is 1.5% (low). The 2024 annual accounts show equity of €70k and a net result of €3k. Its solvency ranks better than 22% of 40 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 40 sector peers (2024).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.5% Low
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€173.72M+44.6%
EBIT margin0.0%0pp
Net result€3k-51.6%
Working capital€70k+4.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 09-07-2025 with the NBB · fiscal year 2024 · volledig
€0€50.00M€100.00M€150.00MRevenue 2023: €120.17M€120.17MOperating result 2023: €24k€24kNet result 2023: €6k€6kRevenue 2024: €173.72M€173.72MOperating result 2024: €23k€23kNet result 2024: €3k€3k20232024
RevenueOperating resultNet result
Sector comparison
Fiscal year 2024 · NACE 42 · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 0.1% 27.6%
better than 22% of 40 sector peers
Net result €3k €57k
better than 31% of 40 sector peers
Equity €70k €455k
better than 31% of 40 sector peers
Total assets €73.00M €2.87M
better than 90% of 40 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€173.72M
+44.6% 23-24
Net profit
€3k
-51.6% far above sector median
Total assets
€73.00M
-41.0% far above sector median
Equity
€70k
+4.2% far above sector median
Working capital
€70k
+4.2% far above sector median
Income taxes
€934
-51.6% 23-24
Debt
€72.93M
-41.0% far above sector median
Debt ≤ 1y
€72.93M
-41.0% far above sector median
Current ratio
1.00
0.0% -35% vs sector
Quick ratio
0.92
-7.8% -40% vs sector
Solvency
0.1%
+76.4% far above sector median
Debt / equity
1040.53
-43.3% far above sector median
ROE
4.0%
-53.5% -82% vs sector
ROA
0.0%
-18.0% far above sector median
Net margin
0.0%
-66.5% 23-24
Figures by fiscal year
Fiscal year2024
Revenue€173.72M
EBITDA-
Net profit€3k
Cash flow-
Staff costs-
Income taxes€934
Dividends-
Total assets€73.00M
Equity€70k
Debt€72.93M
of which ≤ 1y€72.93M
of which > 1y-
Working capital€70k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.00
Quick ratio0.92
Working capital ratio0.1%
Solvency0.1%
Debt / equity1040.53
Long-term debt ratio-
Interest coverage-
Gross margin-0.8%
Net margin0.0%
ROA0.0%
ROE4.0%
EBITDA margin-
Days sales outstanding139d
Days payable outstanding106d
Inventory turnover30.71
Days inventory (DSI)12d
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€73.00M
Current assets 29/58€73.00M
Stocks & contracts in progress 3€5.70M
Amounts receivable within one year 40/41€66.14M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€73.00M
Equity 10/15€70k
Contributions / capital 10/11€62k
Accumulated profits (losses) 14€9k
Amounts payable 17/49€72.93M
Amounts payable within one year 42/48€72.93M
Trade debts payable within one year 44€50.95M
Income statement
Turnover 70€173.72M
Operating result 9901€23k
Financial charges 65€20k
Result before taxes 9903€4k
Income taxes 67/77€934
Net result for the period 9904€3k
Result to be appropriated 9905€3k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
48 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
Current directors & mandates
  • Jan De NulLegal entity
    Director· perm. rep.: Ir. J.P.J. De Nul
    State Gazette act 25093138 (22-07-2025)
    Current
    30-06-2025 → present
    2 events
    • 30-06-2025 Appointed· Director
    • 30-06-2025 Appointed· Managing director
  • DDNLegal entity
    Director· perm. rep.: Dirk De Nul
    State Gazette act 23003538 (06-01-2023)
    Current
    12-12-2022 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Bouw van andere civieltechnische werken, neg(42990)
Legal form Private limited company(610)
Incorporation31-08-2022
StatusActive
Postal code9308

Structure & network

Connections & network

23 connected companies
DDN, Parent company DDDNJan De Nul, Parent company JDJan De Nul+20 companies via a shared corporate director +20via a sharedcorporate directorFLANDERS DREDGING CORPORATION, Shared corporate director FDFLANDERSDREDGING…ATIONFull Throttle FullThrottle0790.270.876
Group structureShared directorsBundled connections
Group structure
DDN
Parent · 6 subsidiaries · 1 location
Control→
Jan De Nul
Parent · 21 subsidiaries · 1 location
Control→
Network connections
AIRCOPLUS
Shared corporate director
→
Algemene Ondernemingen Soetaert
Shared corporate director
→
Bedrijvenvereniging Dender Noord
Shared corporate director
→
CORTORIA
Shared corporate director
→
Denderoever
Shared corporate director
→
Denderoever Properties I
Shared corporate director
→
Denderoever Properties II
Shared corporate director
→
DOCK-SITE
Shared corporate director
→
FLANDERS DREDGING CORPORATION
Shared corporate director
→
Jan De Nul Dredging
Shared corporate director
→
Lakosa
Shared corporate director
→
LAMBRECHTS
Shared corporate director
→
Lummerzheim & Co
Shared corporate director
→
PSR
Shared corporate director
→
PSR 1830.01
Shared corporate director
→
PSR 2850
Shared corporate director
→
PSR 8870
Shared corporate director
→
SCK INVEST
Shared corporate director
→
Socaré
Shared corporate director
→
Socaré Offices
Shared corporate director
→
Zennepoort
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
103 companies at this address See who is registered here

Establishment units

1 location
Full Throttle
Tragel 60, 9308 AalstOptrekken van de ruwbouw van gebouwen
since 20222.335.859.869
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2.3 ha
Buildings1
Building footprint1,846 m²
Volume (LiDAR)15,146 m³
Tallest building14.0 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41029B0523/00S000 Flanders 2.3 ha 1 · 1,845 m² 14.0 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

6 acts
All acts · 6 updated 3 months ago
2026
05-05-2026 Officer resignation · Officer appointment · Representation rule · Power of attorney Open-capture extraction
  • Filing: 2026-04-24 · FULL THROTTLE BV
  • Publication: 2026-05-05 · FULL THROTTLE BV
  • Officer resignation: date: 2026-04-03, role: bestuurder · Julie De Nul
  • Officer appointment: date: 2026-04-03, role: bestuurder, term: 2 jaar, tot na de algemene vergadering van 2028, representative: Julie De Nul · JDN
  • Officer resignation: date: 2026-04-03, role: gedelegeerd bestuurder · Julie De Nul
  • Officer appointment: date: 2026-04-03, role: gedelegeerd bestuurder, term: voor de duur van haar mandaat als bestuurder, representative: Julie De Nul · JDN
  • Representation rule: rule: vertegenwoordigd door het bestuursorgaan, of door twee bestuurders samen optredend, of door een gedelegeerd-bestuurder binnen het kader van het dagelijks bestuur · FULL THROTTLE BV
  • Power of attorney: rule: Het bestuursorgaan mag bijzondere volmachten verlenen aan één of meer personen. De volmacht wordt ondertekend door het bestuursorgaan of door twee bestuurders samen optredend. · FULL THROTTLE BV
  • Act object: Ontslag en benoeming van een bestuurder
  • Power of attorney: role: Bestuurder · FULL THROTTLE BV
Summary: Officer resignation · Officer appointment · Representation rule · Power of attorney
2025
26-11-2025 Change in the board of directors Director changes
Summary: v3.2
22-07-2025 3 directors appointed Director changes
  • Ir. J.P.J. De Nul, Bestuurder
  • Ir. J.P.J. De Nul, Gedelegeerd bestuurder
  • Mw. Julie De Nul, Gedelegeerd bestuurder
Summary: v3.2
2023
16-08-2023 Change in the board of directors Director changes
Summary: v3.2
06-01-2023 Dirk De Nul appointed as director Director changes
  • Dirk De Nul, Bestuurder
Summary: v3.2
2022
02-09-2022 Incorporation of a new BV Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health48Profitability22Solvency11Growth68Stability94
49 / 100

Mixed profile: strong on stability, weaker on solvency.

Health 48
Profitability 22
Solvency 11
Growth 68
Stability 94

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Same sector, nearest first

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bouw van andere civieltechnische werken, n.e.g.42990Bouw van andere civieltechnische werken, neg42990Algemene bouw van residentiële gebouwen41001Algemene bouw van andere niet-residentiële gebouwen41003Algemene bouw van residentiële gebouwen41201Algemene bouw van andere niet-residentiële gebouwen41203Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet61100Draadloze telecommunicatie61200
Primary activity highlighted.
Names & trade names
Legal nameNL Full Throttle
Registered office
Tragel 60
9308 Aalst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.