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Generated 09-08-2026
Active BE 0546.669.828Private limited company (pre-2019)Open bankruptcy

THN

Rogierlaan 348 ·1030 Schaarbeek, Belgium· 12 yrs active
Sector: Construction of buildings (41003)
Conclusion Checked

A bankruptcy procedure is open for THN according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €195k and a net result of €-4k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €195k
Net result €-4k
Better than sector 38%
Active 12 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability8Solvency37Growth45Stability0
18 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 8
Solvency 37
Growth 45
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 2 signals
KBO register: special legal situation
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2021 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview8 NBB filings
Annual accounts filed on 29-12-2022 with the NBB · fiscal year 2021 · micro
€-1.00M€0€1.00M€2.00MRevenue 2018: €2.32M€2.32MOperating result 2018: €56k€56kNet result 2018: €137k€137kRevenue 2019: €1.64M€1.64MOperating result 2019: €45k€45kNet result 2019: €163k€163kRevenue 2020: €2.03M€2.03MOperating result 2020: €19k€19kNet result 2020: €16k€16kRevenue 2021: €2.27M€2.27MOperating result 2021: €-18k€-18kNet result 2021: €-4k€-4k2018201920202021
RevenueOperating resultNet result
Sector comparison
Fiscal year 2021 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 22.6% 33.9%
better than 38% of 1124 sector peers
Net result €-4k €9k
better than 15% of 1124 sector peers
Equity €195k €20k
better than 95% of 1127 sector peers
Gross operating margin €1.60M €23k
better than 95% of 1117 sector peers
Staff costs €1.60M €26k
higher than 95% of 355 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€2.27M
+12.1% 18-21
EBITDA
€-9k
- far below sector median
Net profit
€-4k
- far below sector median
Cash flow
€5k
-77.9% -84% vs sector
Total assets
€863k
+13.4% far above sector median
Equity
€195k
-2.0% +209% vs sector
Working capital
€171k
-12.2% +150% vs sector
Staff costs
€1.60M
+12.7% far above sector median
Income taxes
€14k
+14.1% +66% vs sector
Debt
€668k
+18.8% far above sector median
Debt ≤ 1y
€668k
+18.8% far above sector median
Current ratio
1.26
-6.7% -21% vs sector
Quick ratio
1.26
-6.7% +9% vs sector
Solvency
22.6%
-13.6% -27% vs sector
Debt / equity
3.42
+21.3% +55% vs sector
ROE
-2.1%
- far below sector median
ROA
-0.5%
- far below sector median
Net margin
-0.2%
- 18-21
EBITDA margin
-0.4%
- 18-21
Interest coverage
-41.73
- far below sector median
Figures by fiscal year
Fiscal year2021
Revenue€2.27M
EBITDA€-9k
Net profit€-4k
Cash flow€5k
Staff costs€1.60M
Income taxes-
Dividends-
Total assets€863k
Equity€195k
Debt€668k
of which ≤ 1y€668k
of which > 1y-
Working capital€171k
Employees (FTE)-
Ratios (computed)
2021
Current ratio1.26
Quick ratio1.26
Working capital ratio19.8%
Solvency22.6%
Debt / equity3.42
Long-term debt ratio-
Interest coverage-41.73
Gross margin70.2%
Net margin-0.2%
ROA-0.5%
ROE-2.1%
EBITDA margin-0.4%
Days sales outstanding44d
Days payable outstanding268d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€863k
Fixed assets 21/28€24k
Tangible fixed assets 22/27€23k
Financial fixed assets 28€953
Current assets 29/58€839k
Amounts receivable within one year 40/41€708k
Cash & bank 54/58€132k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€863k
Equity 10/15€195k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€175k
Amounts payable 17/49€668k
Amounts payable within one year 42/48€668k
Trade debts payable within one year 44€498k
Income statement
Turnover 70€2.27M
Gross operating margin 9900€1.60M
Operating result 9901€-18k
Financial income 75€16k
Financial charges 65€221
Result before taxes 9903€-4k
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator JACQUES PIRON
AVENUE DE LA TOISON D’OR 77, 1060 SAINT-GILLES
 15-01-2024 → present Belgian State Gazette
Legal Structure
NACE primary Construction of buildings(41003)
Legal form Private limited company (pre-2019)(015)
Incorporation18-02-2014
StatusActive
Postal code1030
First BS signal 24-01-2024
Latest BS signal 24-01-2024
Company structure, linked entities1 linked entities
THNBE 0546.669.828JACQUES PIRONReceiver ↔ 160VTC RIMASHYACINTHE HOME CA…ALL IN
Mandates
↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units 1 location
THN
Richard Vandeveldestraat 136, 1030 SchaarbeekDrogen van hout en impregneren of chemisch behandelen met conserveringsmiddelen of andere stoffen, in combinatie met het zagen en bewerken van hout.
since 20142.229.765.031
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21904B0434/00K003 Brussels 163 m² 1 · 119 m² 17.3 m · 4 fl.
21902A0266/00T002 Brussels 101 m² 1 · 101 m² 17.8 m · 5 fl.
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.
Updates 20 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
24-01-2024
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · THN SRL AVENUE ROGIER 348, 1030 Schaerbeek · event 15-01-2024
2023
02-02-2023
State Gazette act Director changes
v3.2
2022
29-12-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
05-07-2022
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
05-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
11-10-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
14-05-2019
State Gazette act Capital & shares
v3.2
04-04-2019
State Gazette act Director changes
v3.2
2018
18-09-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
24-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
09-11-2016
State Gazette act Director changes
v3.2
01-09-2016
State Gazette act Capital & shares
v3.2
13-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
25-03-2016
State Gazette act Capital & shares
v3.2
2015
09-10-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
08-06-2015
State Gazette act Registered-office change
INCE CEMIL
05-05-2015
State Gazette act Capital & shares
v3.2
17-04-2015
State Gazette act Capital & shares
v3.2
01-04-2015
State Gazette act Capital & shares
v3.2
17-03-2015
State Gazette act Director changes
v3.2
Lifecycle & Insolvency Signals 1 events
24-01-2024
Bankruptcy Opening
Date: 15-01-2024 · Tribunal de l’entreprise francophone de Bruxelles · THN SRL AVENUE ROGIER 348, 1030 Schaerbeek · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-01-24 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 11 acts
Capital history · 6
14-05-2019
v3.2
01-09-2016
v3.2
25-03-2016
v3.2
05-05-2015
v3.2
17-04-2015
v3.2
01-04-2015
v3.2
Address history · 1
08-06-2015
Registered-office move
All acts · 11 updated 3 years ago
2023
02-02-2023 1 director appointed, 1 resigning Director changes
  • INCE CEMIL, Bestuurder
  • CROWET JACQUES RAYMOND, Bestuurder
Summary: v3.2
Technical details 
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    },
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      "kind": "director_in",
      "role": "administrateur",
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        "rrn": null,
        "name": "INCE CEMIL",
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  "subject_company": {
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    "name_full": "THN"
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2019
14-05-2019 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
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  "subject_company": {
    "kbo": "0546.669.828",
    "name_full": "THN"
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04-04-2019 1 director appointed, 7 resigning Director changes
  • INCE CEMIL, Associé
  • LINGURAR MARIUS, Associé
  • MEHMEDOV ZIYAYDIN EMINOV, Associé
  • MELINTE FEODOR, Associé
  • GAVRIL ION LAURENTIU, Associé
  • ANDREICA PRICOP-LUCIAN, Associé
  • TRIPAN MARIAN, Associé
  • MIRONESCU OCTAVIAN, Associé
Summary: v3.2
Technical details 
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    {
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      "role": "associ\u00E9",
      "person": {
        "rrn": null,
        "name": "MEHMEDOV ZIYAYDIN EMINOV",
        "address": null,
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    },
    {
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    {
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        "rrn": null,
        "name": "GAVRIL ION LAURENTIU",
        "address": null,
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    },
    {
      "kind": "director_out",
      "role": "associ\u00E9",
      "person": {
        "rrn": null,
        "name": "ANDREICA PRICOP-LUCIAN",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_out",
      "role": "associ\u00E9",
      "person": {
        "rrn": null,
        "name": "TRIPAN MARIAN",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_out",
      "role": "associ\u00E9",
      "person": {
        "rrn": null,
        "name": "MIRONESCU OCTAVIAN",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "associ\u00E9",
      "person": {
        "rrn": null,
        "name": "INCE CEMIL",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
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  "subject_company": {
    "kbo": "0546.669.828",
    "name_full": "THN"
  }
}
2016
09-11-2016 1 director appointed, 1 resigning Director changes
  • SZILAGYI CRISTIAN-STEFAN, Associé
  • INCE CEMIL, Associé
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "associ\u00E9",
      "person": {
        "rrn": null,
        "name": "SZILAGYI CRISTIAN-STEFAN",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_out",
      "role": "associ\u00E9",
      "person": {
        "rrn": null,
        "name": "INCE CEMIL",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
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  "subject_company": {
    "kbo": "0546.669.828",
    "name_full": "THN"
  }
}
01-09-2016 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
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  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0546.669.828",
    "name_full": "THN"
  }
}
25-03-2016 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0546.669.828",
    "name_full": "THN"
  }
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2015
08-06-2015 Registered office moved from BRUXELLES to SCHAERBEK Registered-office change·INCE CEMIL
  • RUE RICHARD VANDEVELDE 136 - 1030 BRUXELLES → AVENUE ROGIER 348 à 1030 SCHAERBEK
Notary: INCE CEMIL · Bruxelles
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "AVENUE ROGIER 348 \u00E0 1030 SCHAERBEK",
        "city": "SCHAERBEK",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "AVENUE ROGIER",
        "country": "BE",
        "postcode": "1030",
        "box_number": null,
        "street_number": "348",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "RUE RICHARD VANDEVELDE 136 - 1030 BRUXELLES",
        "city": "BRUXELLES",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "RICHARD VANDEVELDE",
        "country": "BE",
        "postcode": "1030",
        "box_number": null,
        "street_number": "136",
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      },
      "effective_date": "2015-04-01",
      "evidence_quote": "Il est d\u00E9cid\u00E9 par l\u0027AGE du 01/04/2015, \u00E0 l\u0027unanimit\u00E9 des voix de transf\u00E9rer \u00E0 ce jour le si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 l\u0027adresse suivante : \u003C\u003C AVENUE ROGIER 348 \u00E0 1030 SCHAERBEK \u00BB",
      "region_changed": false,
      "is_statute_change": false,
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      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "INCE CEMIL",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2015-06-08",
    "filing_date": "2015-05-28",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2015-04-01",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0546.669.828",
    "name_full": "THN",
    "legal_form": "SPRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "INCE CEMIL",
    "org_rep_person_name": null,
    "person_role_at_subject": "GERANT"
  },
  "co_filed_documents": [
    "Volet B Copie qui sera publi\u00E9e aux annexes du Moniteur belge apr\u00E8s d\u00E9p\u00F4t de l\u0027acte au greffe"
  ]
}
05-05-2015 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
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17-04-2015 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
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  }
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01-04-2015 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
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  }
}
17-03-2015 1 director appointed, 1 resigning Director changes
  • MIRONESCU OCTAVIAN-RADU, Associé actif
  • INCE CEMIL, Zaakvoerder
Summary: v3.2
Technical details 
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    },
    {
      "kind": "director_out",
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  }
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Algemene bouw van andere niet-residentiële gebouwen41003Algemene bouw van andere niet-residentiële gebouwen41203Algemene reiniging van gebouwen81210Algemene reiniging van gebouwen81210
Primary activity highlighted.
Names & trade names
Legal nameFR THN
Registered office
Rogierlaan 348
1030 Schaarbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative