Tharsis
ActiveSummary
Tharsis has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €8k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 37% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency64▼-2
Growth34▼-3
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.7 in 2024; short-term debt: 60.9% and cash: 36.5% of total assets), but 60.9% 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 70
Relative position
BE, all sectors
reference
Sector 70
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
39.1%
Return on assets
51.3%
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 25-04-2026, 97 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
97 d early
2024
76 d early
2023
78 d early
2022
28 d early
2021
75 d early
2020
75 d early
2019
40 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€13k▼ 5.5%
2024 · €14k
2022: €13k
2023: €16k
2024: €14k
2022 → 2025
EBIT margin
85.6%▲ 19.3pp
2024 · 66.2%
2022: 73.9%
2023: 45.9%
2024: 66.2%
2022 → 2025
Net result
€8k▲ 19.7%
2024 · €7k
2018: €20k
2019: €9k
2020: €8k
2021: €9k
2022: €7k
2023: €5k
2024: €7k
2018 → 2025
Working capital
€6k▼ 0.8%
2024 · €6k
2018: €9k
2019: €9k
2020: €9k
2021: €9k
2022: €8k
2023: €8k
2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13k€16k▲ 26.2%€14k▼ 14.2%€13k▼ 5.5%
Equity€9k-€8k▼ 3.6%€8k▲ 0.4%€6k▼ 25.0%€6k▼ 0.8%
Operating result€11k-€9k▼ 15.1%€7k▼ 21.6%€9k▲ 23.9%€11k▲ 22.1%
Net result€9k-€7k▼ 23.5%€5k▼ 27.0%€7k▲ 35.4%€8k▲ 19.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 22% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €16k
Equity
€6k ▼ 0.8%
Debt
€10k ▲ 8.8%
Debt's share of the balance-sheet total rises from 58.7% to 60.9%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.64▼
2024 · 1.70
Debt to equity
1.56▲
2024 · 1.42
ROE
131.3%▲
2024 · 108.9%
ROA
51.3%▲
2024 · 45.0%
Debt ≤ 1 year
€10k▲
2024 · €9k
Income taxes
€3k▲
2024 · €2k
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€15k€16k▲
Current assets29/58€15k€16k▲
Amounts receivable within one year40/41€754-
Trade receivables40€754-
Current investments50/53€14k€10k▼
Cash at bank and in hand54/58€340€6k▲
Deferred charges and accrued income490/1€33€28▼
Equity and liabilities
Total equity and liabilities10/49€15k€16k▲
Equity10/15€6k€6k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€55€8▼
Amounts payable17/49€9k€10k▲
Amounts payable within one year42/48€9k€10k▲
Trade debts44-€484
Suppliers440/4-€484
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€9k€8k▼
Income statement
Code20242025
Turnover70€14k€13k▼
Goods, raw materials, services and sundry goods60/61€4k€1k▼
Other operating charges640/8€387€400▲
Gross operating margin9900€9k€11k▲
Operating profit (loss)9901€9k€11k▲
Financial income75/76B€83€53▼
Recurring financial income75€83€53▼
Financial charges65/66B€24€24=
Recurring financial charges65€24€24=
Profit (loss) for the period before taxes9903€9k€11k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€7k€8k▲
Profit (loss) for the period to be appropriated9905€7k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€8k▲
Profit (loss) brought forward from the previous period14P€282€55▼
Transfer from equity791/2€2k-
Profit to be distributed694/7€9k€8k▼
Return on contributions (dividend)694€9k€8k▼
The notes to these accounts (3 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
25-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €5k ▼27%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
21-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Jette · 1 establishment unit since 2008
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.
Esseghemstraat 761090 JetteGround area
195 m²
Building footprint
85 m²
Volume, LiDAR
662 m³
Parcel 21463D0388/00T006, Brussels · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tharsis
since 20082.171.478.127
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0388/00T006 | Brussels | 195 m² | 1 · 85 m² | 10.8 m · 3 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.
Similar companies · same sector, comparable size
DOEF
BE 1013.375.133
Harelbeke · Eq €6,208
MALIBRI
BE 0802.216.625
Aalst · Eq €6,207
BRASSERIE CAULIER HORECA
BE 0646.823.120
Péruwelz · Eq €6,211
AC VISION
BE 0540.961.773
Wavre · Eq €6,204
Gecko's Architecture
BE 0824.857.613
Jodoigne · Eq €6,203
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 17,724 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
Founded03-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.