THIERIE TO TRUST
ActiveTHIERIE TO TRUST has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.35M and a net result of €64k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 6.5 against 8.31 in 2024; short-term debt: 6% and cash: 10.1% of total assets), and 23.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
76.1%
Return on assets
3.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-11-2025, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
94 d early
2023
94 d early
2022
54 d early
2021
73 d early
2020
47 d early
2019
79 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 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.35M▲ 3.1%
2024 · €1.31M
2019: €1.06M
2020: €1.47M
2021: €1.03M
2022: €1.06M
2023: €1.16M
2024: €1.31M
2019 → 2025
Total assets
€1.77M▲ 1.3%
2024 · €1.75M
2019: €1.74M
2020: €1.97M
2021: €1.59M
2022: €1.60M
2023: €1.67M
2024: €1.75M
2019 → 2025
Net result
€64k▼ 56.7%
2024 · €147k
2019: €-52k
2020: €-332k
2021: €8k
2022: €37k
2023: €99k
2024: €147k
2019 → 2025
Working capital
€589k▼ 0.9%
2024 · €595k
2019: €734k
2020: €811k
2021: €375k
2022: €404k
2023: €477k
2024: €595k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.03M-€1.06M▲ 3.6%€1.16M▲ 9.3%€1.31M▲ 12.6%€1.35M▲ 3.1%
Operating result€16k-€37k▲ 132%€116k▲ 211%€173k▲ 48.9%€80k▼ 53.9%
Net result€8k-€37k▲ 359%€99k▲ 164%€147k▲ 48.4%€64k▼ 56.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.77M
Fixed assets
€1.08M▲ 0.3%
Current assets
€696k▲ 3.0%
Equity and liabilities €1.77M
Equity
€1.35M▲ 3.1%
Provisions
€11k▼ 28.6%
Debt
€412k▼ 3.0%
The debt ratio falls from 24.3% to 23.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88k▼
2024 · €181k
Cash flow
€72k▼
2024 · €155k
Solvency
76.1%▲
2024 · 74.8%
Current ratio
6.50▼
2024 · 8.31
Quick ratio
6.50▼
2024 · 8.31
Debt / equity
0.31▼
2024 · 0.32
ROE
4.7%▼
2024 · 11.2%
ROA
3.6%▼
2024 · 8.4%
Interest coverage
6.24▼
2024 · 12.69
Debt
€412k▼
2024 · €425k
Debt ≤ 1 year
€107k▲
2024 · €81k
Debt > 1 year
€303k▼
2024 · €339k
Income taxes
€11k▼
2024 · €12k
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€1.75M€1.77M▲
Fixed assets21/28€1.08M€1.08M▲
Intangible fixed assets21€322€249▼
Tangible fixed assets22/27€1.07M€1.08M▲
Land and buildings22€1.07M€1.07M▲
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€5k€7k▲
Other tangible fixed assets26€256-
Financial fixed assets28€50€50=
Current assets29/58€676k€696k▲
Amounts receivable after more than one year29€162k€138k▼
Trade receivables290€162k€138k▼
Amounts receivable within one year40/41€127k€126k▼
Trade receivables40€79k€77k▼
Other amounts receivable41€48k€49k▲
Current investments50/53€250k€250k=
Cash at bank and in hand54/58€137k€180k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€1.75M€1.77M▲
Equity10/15€1.31M€1.35M▲
Revaluation surpluses12€746k€746k=
Reserves13€503k€563k▲
Tax-exempt reserves132€47k€53k▲
Distributable reserves133€456k€510k▲
Profit (loss) carried forward14€62k€43k▼
Provisions and deferred taxes16€16k€11k▼
Provisions for liabilities and charges160/5€16k€9k▼
Major repairs and maintenance162€16k-
Other liabilities and charges164/5-€9k
Deferred taxes168-€2k
Amounts payable17/49€425k€412k▼
Amounts payable after more than one year17€339k€303k▼
Financial debts170/4€289k€253k▼
Other amounts payable178/9€50k€50k=
Amounts payable within one year42/48€81k€107k▲
Current portion of amounts payable after more than one year42€36k€36k▲
Financial debts43€2k€2k=
Credit institutions430/8€2k€2k=
Trade debts44€6k€549▼
Suppliers440/4€6k€549▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€33k€67k▲
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€77k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-16k
Other operating charges640/8€18k€18k▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€199k€173k▼
Operating profit (loss)9901€173k€80k▼
Financial income75/76B€0€11k▲
Recurring financial income75€0€667▲
Non-recurring financial income76B-€10k
Financial charges65/66B€14k€14k▼
Recurring financial charges65€14k€14k▼
Profit (loss) for the period before taxes9903€159k€77k▼
Transfer to deferred taxes680-€2k
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€147k€64k▼
Transfer to tax-exempt reserves689-€6k
Profit (loss) for the period to be appropriated9905€147k€58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€182k€119k▼
Profit (loss) brought forward from the previous period14P€35k€62k▲
Transfer to equity691/2€120k€53k▼
To other reserves6921€120k€53k▼
Profit to be distributed694/7-€23k
Directors or managers695-€23k
The notes to these accounts (14 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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2019net €147k ▲48.4%
Operating result €173k, net result €147k, both a record.
2023
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-332k
Net result drops to €-332k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity triplescurrent ratio 14.30
Current ratio from 5.09 to 14.30; short-term debt falls from €179k to €61k.
2019
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
01-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-10
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
4 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, Nieuwerkerken (Limb.) · 2 establishment units since 1996
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.
Grotestraat 3423850 Nieuwerkerken (Limb.)Ground area
1.7 ha
Building footprint
2,707 m²
Volume, LiDAR
18,232 m³
2 parcels, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
THIERIE TO TRUST
since 19962.076.851.261
THIERIE TO TRUST
since 19992.076.851.360
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352D0305/00N006 | Flanders | 1.4 ha | 1 · 2,353 m² | 7.1 m · 2 fl. |
| 71060B0628/00D000 | Flanders | 2,986 m² | 1 · 353 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 59 EUR awarded · 59 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 59 EUR | 59 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
8755005NNFUZQ4HTAB88
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 24,553 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-05-1996
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
62900Other information technology and computer services
68203Renting and operating of own or leased non-residential real estate, excluding land
77394Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.