La Thiérache

Active

Non-profit associationfounded 1981active for 45 yearsZone Industrielle 1, 6590 Momignies, BelgiumKBO/BCE: BE 0421.909.715

From the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of La Thiérache for financial year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €474,150 and a net result of -€948,785. Equity has been stable since 2018 (±1% per year). Its solvency ranks better than 22% of 482 sector peers (NACE 95, financial year 2025). The association has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

La ThiéracheActiveChecked score 54/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 10-09-1981 Normal situation
Legal form: Non-profit association
Registered office: Zone Industrielle 1, 6590 Momignies
Activity: Repair and maintenance of other personal and household goods NACE 95290and 2 others
Establishment units: 3 establishment units
Financial year end: 31 December
Peppol: Reachable since 18-01-2026

Company details

Board and ownership

Board

Gilliard GuyDaily manager
JEANMENNE NadineDirector · since 20-12-2021
Jeanmene NadineDirector
Lion VincentDirector

and 2 other directors

Auditor: AUDICIA

Board & ownership

Financial position

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Annual accounts 2025

Turnover: €3.2m; ▼ 9.7%
Deficit: €948,785; ▲ 239%
Equity: €474,150; ▼ 66.3%
Total assets: €2.7m; ▼ 16.0%
Staff: 76.4 FTE; ▲ 2.6%

2025 accounts filed 41 days after the deadline

Filed on 10-09-2026at the National Bank

Financials

Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €948,785, the second in a row (financial year 2025)Equity €474,150 (17.5% of total assets)Size: turnover €3.2m, 76.4 FTE, total assets €2.7mlowers riskLegal form: non-profit associationShow the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially stronger than 32% of medium-sized companies in repair of computers and personal goods (NACE 95)

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Weak

Solvency 42-27

equity 17.5% of total assets

Liquidity 41-10

short-term debt 46.7% · cash 11.2%

Profitability 0-9

return on assets -35.0%

Bankruptcy probability within 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (39 companies, NACE 95, medium-sized)

Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.2 percentage points vs 09-2026highest value

Credit of up to €25,000 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is tight, with a current ratio of 1.01 (1.48 in 2024), below the usual 1.5. Short-term debt is 46.7% and cash 11.2% of total assets. 82.5% of the assets are financed with debt and provisions.

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, medium-sized). It does better than 37% of them on solvency, 76% on liquidity, 4% on profitability and 10% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

Legal form: non-profit association

KBO

Loss of €948,785, the second in a row (financial year 2025)

NBB · annual accounts

Equity €474,150 (17.5% of total assets)

NBB · annual accounts

Size: turnover €3.2m, 76.4 FTE, total assets €2.7m

Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€948,785

Weak solvency compared with the sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 482 sector peers (2025).

NBB · sector comparison

Position among 482 sector peers

Solvency

better than 22%

← weakest strongest →

2025 accounts filed 41 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

41 days late

2024

28 days early

2023

34 days early

2022

18 days late

2021

19 days early

2020

31 days early

2019

102 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 July (4 of the last 5 filed years within 37 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Caution: Result fell in 2025from -€279,569 to -€948,785 ▼ 239% View
Caution: Lower net result than 95% of companies in repair of computers and personal goodssector median €54,211 · 482 companies -€948,785 View
Caution: 2 loss-making years in a rowloss in financial year 2025 -€948,785 View
A director leftlatest change 24-12-2025 · 5 in office 1 left View

Documents

Key facts about La Thiérache

What is the company number of La Thiérache?: The company number of La Thiérache is 0421.909.715. The VAT number is the same number with BE in front: BE 0421.909.715.
Where is La Thiérache based?: The registered office is at Zone Industrielle 1, 6590 Momignies.Company details
What does La Thiérache do?: According to the KBO register, the main activity is repair and maintenance of other personal and household goods (NACE 95290).
What is the legal form of La Thiérache?: The legal form of La Thiérache is Non-profit association (VZW).
When was La Thiérache founded?: La Thiérache was founded on 10-09-1981.
Is La Thiérache still active?: Yes, La Thiérache is an active enterprise in the KBO register.
How many employees does La Thiérache have?: La Thiérache had an average of 76.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of La Thiérache?: The turnover of La Thiérache was €3.2m in financial year 2025, according to the filed annual accounts.
Is La Thiérache profitable?: In financial year 2025, La Thiérache made a loss of €948,785.
Where can I find the annual accounts of La Thiérache?: La Thiérache filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of La Thiérache due?: La Thiérache must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as La Thiérache: repair and maintenance of other personal and household goods (NACE 95290). They are comparable in size and age: total assets between €1.1m and €6.5m, founded between 1988 and 2003.

Company	Total assets	Gross margin
La Thiérache Momignies	€2.7m	€2.1m
ENTRANCE SERVICES Sprimont	€4.4m	€4.9m
CYCLO Brussel	€1.9m	€3.5m
MADOLEX BELGIUM Genk	€1.9m	€5.4m
CLdN Tech Brugge	€6.5m	€3.9m
4IT Consulting Bornem	€1.1m	€1.2m
LAURYSSEN SERVICE Brecht	€2.3m	€2.2m