Thorn in my side
ActiveSummary
Thorn in my side has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €16k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+94
Solvency100▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.23 against 3.58 in 2024; short-term debt: 16% and cash: 85.8% of total assets), and 16% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
84%
Return on assets
25.2%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
23 d early
2024
31 d early
2023
37 d early
2022
32 d early
2021
31 d early
2020
26 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
Equity
€53k▲ 42.9%
2024 · €37k
2020: €32k
2021: €39k
2022: €24k
2023: €42k
2024: €37k
2020 → 2025
Total assets
€63k▲ 23.9%
2024 · €51k
2020: €53k
2021: €62k
2022: €43k
2023: €61k
2024: €51k
2020 → 2025
Net result
€16k
2024 · €-5k
2020: €22k
2021: €8k
2022: €-15k
2023: €18k
2024: €-5k
2020 → 2025
Working capital
€53k▲ 48.0%
2024 · €36k
2020: €29k
2021: €37k
2022: €22k
2023: €39k
2024: €36k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€24k▼ 38.0%€42k▲ 72.8%€37k▼ 12.0%€53k▲ 42.9%
Operating result€11k-€-14k€20k€-5k€21k
Net result€8k-€-15k€18k€-5k€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €21k after a loss of €5k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€46 ▼ 96.5%
Current assets
€63k ▲ 27.0%
Equity and liabilities €63k
Equity
€53k ▲ 42.9%
Debt
€10k ▼ 27.0%
Debt's share of the balance-sheet total falls from 27.2% to 16.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▲
2024 · €-3k
Cash flow
€17k▲
2024 · €-4k
Current ratio
6.23▲
2024 · 3.58
Debt to equity
0.19▼
2024 · 0.37
ROE
30.0%▲
2024 · -13.7%
ROA
25.2%▲
2024 · -9.9%
Interest coverage
191.07▲
2024 · -15.59
Debt ≤ 1 year
€10k▼
2024 · €14k
Income taxes
€5k▲
2024 · €138
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€51k€63k▲
Fixed assets21/28€1k€46▼
Tangible fixed assets22/27€1k€46▼
Plant, machinery and equipment23€934€46▼
Furniture and vehicles24€368-
Current assets29/58€50k€63k▲
Amounts receivable within one year40/41€18k€8k▼
Trade receivables40€16k€2k▼
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€31k€54k▲
Deferred charges and accrued income490/1€516€758▲
Equity and liabilities
Total equity and liabilities10/49€51k€63k▲
Equity10/15€37k€53k▲
Contributions10/11€10k€10k=
Reserves13€27k€42k▲
Distributable reserves133€27k€42k▲
Profit (loss) carried forward14€74€978▲
Amounts payable17/49€14k€10k▼
Amounts payable within one year42/48€14k€10k▼
Trade debts44€672€2k▲
Suppliers440/4€672€2k▲
Taxes, remuneration and social security45€8k€8k▼
Taxes450/3€7k€8k▲
Remuneration and social security454/9€522-
Other amounts payable47/48€5k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-2k€24k▲
Operating profit (loss)9901€-5k€21k▲
Financial income75/76B-€91
Recurring financial income75-€91
Financial charges65/66B€203€119▼
Recurring financial charges65€203€119▼
Profit (loss) for the period before taxes9903€-5k€21k▲
Income taxes67/77€138€5k▲
Profit (loss) for the period9904€-5k€16k▲
Profit (loss) for the period to be appropriated9905€-5k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€16k▲
Profit (loss) brought forward from the previous period14P€138€74▼
Transfer from equity791/2€5k-
Transfer to equity691/2-€15k
To other reserves6921-€15k
The notes to these accounts (7 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-15k ▼299%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Antwerpen · 1 establishment unit since 2019
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.
Lange Lozanastraat 1422018 AntwerpenGround area
949 m²
Building footprint
948 m²
Volume, LiDAR
11,726 m³
Parcel 11810K1626/00B004, Flanders · tallest building 20.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Thorn in my side
since 20192.294.681.686
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1626/00B004 | Flanders | 949 m² | 1 · 948 m² | 20.4 m · 5 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
Clarissima
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CITY LIGHTS
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THEMIS CONSEIL
BE 1003.908.923
Elsene · Eq €53,106
SALIE
BE 1020.511.858
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Bulté Consulting
BE 0771.954.803
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Of 2,762 companies in sector 69109 we hold annual accounts for 1,208. 922 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
Founded10-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.