THAUPA has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €6.19M and a net result of €-172k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 57% of 4602 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
56 d late
2022
39 d early
2021
61 d early
2020
53 d early
2019
58 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€647k▼ 29.4%
2023 · €917k
2023: €917k
2023 → 2024
EBIT margin
-15.1%▼ 38.5pp
2023 · 23.3%
2023: 23.3%
2023 → 2024
Net result
€-172k
2023 · €91k
2018: €405k
2019: €-18k
2020: €28k
2021: €173k
2022: €202k
2023: €91k
2018 → 2024
Working capital
€-3.59M▼ 27.4%
2023 · €-2.81M
2018: €-2.79M
2019: €-2.81M
2020: €-2.78M
2021: €-2.61M
2022: €-2.41M
2023: €-2.81M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€917k€647k▼ 29.4%
Equity€6.89M-€7.07M▲ 2.5%€7.27M▲ 2.9%€6.86M▼ 5.6%€6.19M▼ 9.8%
Operating result€92k-€240k▲ 161%€335k▲ 39.7%€214k▼ 36.2%€-98k
Net result€28k-€173k▲ 521%€202k▲ 16.6%€91k▼ 54.8%€-172k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €98k after €214k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.03M
Fixed assets
€9.77M▲ 1.0%
Current assets
€1.26M▲ 24.7%
Equity and liabilities €11.03M
Equity
€6.19M▼ 9.8%
Debt
€4.84M▲ 26.7%
The debt ratio rises from 35.8% to 43.9%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
56.1%▼
2023 · 64.2%
ROE
-2.8%▼
2023 · 1.3%
ROA
-1.6%▼
2023 · 0.9%
Debt
€4.84M▲
2023 · €3.82M
Debt ≤ 1 year
€4.84M▲
2023 · €3.82M
Income taxes
€607▼
2023 · €34k
Staff costs
€383k▲
2023 · €376k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€10.68M€11.03M▲
Fixed assets21/28€9.67M€9.77M▲
Tangible fixed assets22/27€563€376▼
Furniture and vehicles24€563€376▼
Financial fixed assets28€9.67M€9.77M▲
Affiliated companies280/1€9.67M€9.77M▲
Participating interests280€9.67M€9.77M▲
Other financial fixed assets284/8€363€363=
Amounts receivable and cash guarantees285/8€363€363=
Current assets29/58€1.01M€1.26M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€757k€1.03M▲
Trade receivables40€61k€276k▲
Other amounts receivable41€696k€752k▲
Cash at bank and in hand54/58€252k€230k▼
Equity and liabilities
Total equity and liabilities10/49€10.68M€11.03M▲
Equity10/15€6.86M€6.19M▼
Contributions10/11€6.17M€5.72M▼
Reserves13€687k€465k▼
Distributable reserves133€687k€465k▼
Amounts payable17/49€3.82M€4.84M▲
Amounts payable within one year42/48€3.82M€4.84M▲
Financial debts43€180k€55k▼
Credit institutions430/8€180k€55k▼
Trade debts44€380k€765k▲
Suppliers440/4€380k€765k▲
Advances received on contracts in progress46€818k€1.43M▲
Taxes, remuneration and social security45€88k€98k▲
Taxes450/3€33k€43k▲
Remuneration and social security454/9€55k€55k▲
Other amounts payable47/48€2.36M€2.50M▲
Income statement
Code20232024
Operating income70/76A€930k€665k▼
Turnover70€917k€647k▼
Other operating income74€13k€17k▲
Operating charges60/66A€716k€763k▲
Services and other goods61€336k€376k▲
Remuneration, social security and pensions62€376k€383k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€188€188=
Other operating charges640/8€4k€4k▼
Operating profit (loss)9901€214k€-98k▼
Financial income75/76B€6k€25k▲
Recurring financial income75€6k€25k▲
Income from current assets751€6k€25k▲
Other financial income752/9-€5
Financial charges65/66B€95k€99k▲
Recurring financial charges65€95k€99k▲
Debt charges650€93k€99k▲
Other financial charges652/9€1k€355▼
Profit (loss) for the period before taxes9903€126k€-172k▼
Income taxes67/77€34k€607▼
Taxes670/3€34k€607▼
Profit (loss) for the period9904€91k€-172k▼
Profit (loss) for the period to be appropriated9905€91k€-172k▼
Appropriation of the result
Profit (loss) to be appropriated9906€91k€-172k▼
Transfer from equity791/2€44k€222k▲
From reserves792€44k€222k▲
Transfer to equity691/2€91k€0▼
To other reserves6921€91k€0▼
Profit to be distributed694/7€44k€50k▲
Return on contributions (dividend)694€44k€50k▲
Social balance
Average headcount (FTE)90874.84.8=
The notes to these accounts (32 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-172k ▼288%
Net result drops to €-172k, the lowest in the series.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 56 days late
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
20-07
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, Peer · 1 establishment unit since 2015
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.
Dommellaan 403990 PeerGround area
2,775 m²
Building footprint
331 m²
Volume, LiDAR
2,265 m³
Parcel 72019A0122/00K000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THAUPA
since 20152.250.668.630
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72019A0122/00K000 | Flanders | 2,775 m² | 1 · 331 m² | 10.4 m · 2 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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ACTA - S
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 9,678 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.