THOEN BEHEER
ActiveTHOEN BEHEER has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €643k and a net result of €-32k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 49% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▼-6
Solvency55▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.33 in 2024; short-term debt: 69.8% and cash: 23.3% of total assets), and 69.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
36 d late
2023
on the day
2022
16 d late
2021
1 d early
2020
on the day
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€643k▼ 4.7%
2024 · €675k
2018: €1.23M
2019: €1.23M
2020: €308k
2021: €358k
2022: €519k
2023: €641k
2024: €675k
2018 → 2025
Total assets
€2.13M▼ 12.5%
2024 · €2.44M
2018: €1.23M
2019: €1.23M
2020: €1.12M
2021: €1.38M
2022: €2.66M
2023: €1.78M
2024: €2.44M
2018 → 2025
Net result
€-32k
2024 · €33k
2018: €43k
2019: €41k
2020: €41k
2021: €51k
2022: €161k
2023: €122k
2024: €33k
2018 → 2025
Working capital
€541k▼ 5.5%
2024 · €573k
2018: €1.13M
2019: €303k
2020: €191k
2021: €253k
2022: €414k
2023: €542k
2024: €573k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€358k-€519k▲ 44.9%€641k▲ 23.5%€675k▲ 5.2%€643k▼ 4.7%
Operating result€24k-€247k▲ 933%€163k▼ 34.0%€62k▼ 62.1%€77k▲ 24.4%
Net result€51k-€161k▲ 219%€122k▼ 24.1%€33k▼ 72.7%€-32k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.13M
Fixed assets
€102k▼ 0.3%
Current assets
€2.03M▼ 13.1%
Equity and liabilities €2.13M
Equity
€643k▼ 4.7%
Debt
€1.49M▼ 15.5%
The debt ratio falls from 72.3% to 69.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€77k▲
2024 · €62k
Cash flow
€-32k▼
2024 · €34k
Solvency
30.2%▲
2024 · 27.7%
Current ratio
1.36▲
2024 · 1.33
Quick ratio
0.44▲
2024 · 0.42
Debt / equity
2.32▼
2024 · 2.61
ROE
-5.0%▼
2024 · 4.9%
ROA
-1.5%▼
2024 · 1.4%
Interest coverage
0.92▼
2024 · 1.30
Debt
€1.49M▼
2024 · €1.76M
Debt ≤ 1 year
€1.49M▼
2024 · €1.76M
Income taxes
€30k▲
2024 · €11k
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€2.44M€2.13M▼
Fixed assets21/28€102k€102k▼
Tangible fixed assets22/27€102k€102k▼
Land and buildings22€102k€102k▼
Current assets29/58€2.33M€2.03M▼
Stocks and contracts in progress3€1.59M€1.37M▼
Contracts in progress37€1.59M€1.37M▼
Amounts receivable within one year40/41€491k€164k▼
Trade receivables40€90k€104k▲
Other amounts receivable41€401k€60k▼
Current investments50/53€1k€1k▲
Cash at bank and in hand54/58€242k€497k▲
Deferred charges and accrued income490/1€14k-
Equity and liabilities
Total equity and liabilities10/49€2.44M€2.13M▼
Equity10/15€675k€643k▼
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€200k€200k=
Reserves13€93k€93k=
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€382k€350k▼
Amounts payable17/49€1.76M€1.49M▼
Amounts payable within one year42/48€1.76M€1.49M▼
Financial debts43€125k€427k▲
Credit institutions430/8€125k€427k▲
Trade debts44€501k€54k▼
Suppliers440/4€501k€54k▼
Taxes, remuneration and social security45-€47k
Taxes450/3-€47k
Other amounts payable47/48€1.14M€960k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€156€285▲
Other operating charges640/8€21k€50k▲
Gross operating margin9900€83k€127k▲
Operating profit (loss)9901€62k€77k▲
Financial income75/76B€30k€5k▼
Recurring financial income75€30k€5k▼
Financial charges65/66B€47k€84k▲
Recurring financial charges65€47k€84k▲
Profit (loss) for the period before taxes9903€45k€-2k▼
Income taxes67/77€11k€30k▲
Profit (loss) for the period9904€33k€-32k▼
Profit (loss) for the period to be appropriated9905€33k€-32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€382k€350k▼
Profit (loss) brought forward from the previous period14P€348k€382k▲
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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €-32k ▼196%
Net result drops to €-32k, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 36 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
30-09
Financial
Highest result since 2018net €161k ▲219%
Operating result €247k, net result €161k, both a record.
30-09
Financial
Equity above €500kEq €519k ▲44.9%
5 profitable years in a row build equity to €519k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1990
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.
Mosselbank(VRA) 399120 Beveren-Kruibeke-ZwijndrechtGround area
1.4 ha
Building footprint
4,187 m²
Volume, LiDAR
29,484 m³
Parcel 46028B0736/00L000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THOEN BEHEER
since 19902.047.318.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46028B0736/00L000 | Flanders | 1.4 ha | 1 · 4,187 m² | 8.1 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500650ZCG74317D21
Similar companies · same sector, comparable size
NEPETA
BE 0879.076.950
Ieper · Eq €643k
ENGINEERING en IMPORT MAHIEU
BE 0449.225.212
Wevelgem · Eq €643k
BRIKKS
BE 0542.484.574
Herk-de-Stad · Eq €643k
ULTRA - BOUW
BE 0475.707.497
Herentals · Eq €644k
SOCIETE DE CONSTRUCTION, COMMERCE ET SERVICES
BE 0427.883.925
Dilbeek · Eq €641k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 4,468 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-12-1989
Fiscal year end30-09
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.