THG GRAND LIEGE · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of THG GRAND LIEGE is 0.3% (very low). The 2024 annual accounts show equity of €662k and a net result of €144k. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 302 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	28-07-2025	3 d early	2025-00318868
31-12-2023	31-07-2024	30-08-2024	30 d late	2024-00415016
31-12-2022	31-07-2023	31-08-2023	31 d late	2023-00398871
31-12-2021	31-07-2022	31-08-2022	31 d late	2022-20388521

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.3% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€144k+10.4%

Working capital€-188k-4.6%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 28-07-2025 with the NBB · fiscal year 2024 · volledig

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~29.1%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 69, Legal & accounting · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	36.1%	22.9%	better than 63% of 302 sector peers
Net result	€144k	€73k	better than 65% of 301 sector peers
Equity	€662k	€115k	better than 87% of 302 sector peers
Gross operating margin	€211k	€239k	better than 48% of 291 sector peers
Employees (FTE)	0.0	5.3	better than 5% of 164 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P63

Improving position over 2021-2024 · n=146-302

Net result P65

Stable position over 2021-2024 · n=145-301

Equity P87

Stable position over 2021-2024 · n=146-302

Gross operating margin P48

Stable position over 2021-2024 · n=139-291

Describes the position versus peers, not a forecast.

EBITDA

€210k

+9.1% 21-24

Net profit

€144k

+10.4% 21-24

Cash flow

€144k

+10.3% 21-24

Total assets

€1.83M

+1.5% 21-24

Equity

€662k

+27.7% 21-24

Working capital

€-188k

-4.6% 21-24

Employees (FTE)

0

- 21-24

Income taxes

€48k

+10.4% 21-24

Show 10 other metrics

Debt

€1.17M

-9.1% 21-24

Debt ≤ 1y

€301k

+13.4% 21-24

Debt > 1y

€860k

-15.1% 21-24

Current ratio

0.37

+16.2% 21-24

Quick ratio

0.37

+16.2% 21-24

Solvency

36.1%

+25.8% 21-24

Debt / equity

1.77

-28.8% 21-24

ROE

21.7%

-13.6% 21-24

ROA

7.8%

+8.7% 21-24

Interest coverage

11.63

+12.2% 21-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	volledig
Revenue	-
EBITDA	€210k
Net profit	€144k
Cash flow	€144k
Staff costs	-
Income taxes	€48k
Dividends	-
Total assets	€1.83M
Equity	€662k
Debt	€1.17M
of which ≤ 1y	€301k
of which > 1y	€860k
Working capital	€-188k
Employees (FTE)	0.0

Ratios (computed)

	2024
Current ratio	0.37
Quick ratio	0.37
Working capital ratio	-10.3%
Solvency	36.1%
Debt / equity	1.77
Long-term debt ratio	1.30
Interest coverage	11.63
Gross margin	-
Net margin	-
ROA	7.8%
ROE	21.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €1.72M · 93.9% Current assets €113k · 6.2%

Equity & liabilities

Equity €662k · 36.1% Debt €1.17M · 63.9%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.83M
Fixed assets	21/28	€1.72M
Formation expenses	20	€359
Financial fixed assets	28	€1.72M
Current assets	29/58	€113k
Amounts receivable within one year	40/41	€80k
Cash & bank	54/58	€33k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.83M
Equity	10/15	€662k
Contributions / capital	10/11	€200k
Accumulated profits (losses)	14	€462k
Amounts payable	17/49	€1.17M
Amounts payable after one year	17	€860k
Amounts payable within one year	42/48	€301k
Trade debts payable within one year	44	€40k
Income statement
Gross operating margin	9900	€211k
Operating result	9901	€210k
Financial charges	65	€18k
Result before taxes	9903	€192k
Income taxes	67/77	€48k
Net result for the period	9904	€144k
Result to be appropriated	9905	€144k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

64 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

1 director

4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Current directors & mandates

MY FIDUCIAIRELegal entity
Director· perm. rep.: Yvan Mathot
State Gazette act 25039246 (24-03-2025)

Current
01-01-2025 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Activiteiten van (gecertificeerde) (fiscaal) accountants(69201)
Legal form	Private limited company(610)
Incorporation	29-06-2021
Status	Active
Postal code	4431

Structure & network

Connections & network

1 connected company

Group structure

THG Liège

We sit on their board · 1 location

→

Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party

THG GRAND LIEGEBE 0770.479.215

controls

Where this company holds controlthis company sits on their board1

THG Liège

1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

4 companies at this address See who is registered here

Establishment units

1 location

THG GRAND LIEGE

Rue Alfred Defuisseaux 116, 4431 AnsActiviteiten van (gecertificeerde) (fiscaal) accountants

since 20212.319.956.720

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,183 m²

Buildings1

Building footprint203 m²

Volume (LiDAR)1,712 m³

Tallest building9.4 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62066B0246/00C005	Wallonia	1,183 m²	1 · 203 m²	9.4 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 1 year ago

2025

24-03-2025 Yvan Mathot appointed as director Director changes·TRIBURIA

Yvan Mathot, Bestuurder

Notary: TRIBURIA · LIEGE

Original publication ↗

Analysis

Financial profile

5 of 5 axes measured

76 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 64

Profitability 100

Solvency 45

Growth 78

Stability 94

Credit advice

verdict per customer and amount

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We hold annual accounts for 1,589 of the 12,136 companies in this sector. 748 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Accountants en belastingconsulenten69201Activiteiten van (gecertificeerde) (fiscaal) accountants69201Boekhouders en boekhouders-fiscalisten69202Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220

Primary activity highlighted.

Names & trade names

Legal nameFR

THG GRAND LIEGE

Registered office

Rue Alfred Defuisseaux 116

4431 Ans, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.