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Centrale verwarming Thys

Active
Private limited companyfounded 1989active for 36 yearsBellestraat 58, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0438.820.971
Summary

Centrale verwarming Thys has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,828 and a net result of €2,364, of which €34,384 non-recurring income. Equity has been shrinking by about 12% per year since 2018. If that trend continues, it turns negative around financial year 2028. Its solvency ranks better than 69% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-11-1989 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 1 other
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.046.161.847 9100 Sint-Niklaas, since 19-12-1989
Financial year end
31 December
Peppol
Reachable since 14-10-2025

Board and ownership

Board

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€203,016
=
Turnover
≈ €630,000
estimated
Profit
€2,364
▼ 71.3%
Equity
€70,828
▲ 3.5%
Total assets
€110,302
▼ 43.2%
Employees on 31-12-2025
3
=
  • 2025 accounts filed 4 days after the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.60, cash €38,521Equity €70,828 (64.2% of total assets)Founded in 1989Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 89+29
equity 64.2% of total assets
Liquidity 78+33
short-term debt 35.8% · cash 34.9%
Profitability 71+23
return on assets 2.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.8% 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.7%▼ -0.1 percentage points vs 05-2025 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025 08-2025: 2.5%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -2.4 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.6 (1.52 in 2024), above the usual 1.5. Short-term debt is 35.8% and cash 34.9% of total assets. 35.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 70% of them on solvency, 76% on liquidity, 41% on profitability and 44% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.60, cash €38,521
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €70,828 (64.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €70,828
raises risk · 2025 accounts filed 4 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
4 days late
2024
26 days late
2023
29 days late
2022
30 days late
2021
92 days late
2020
90 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 56 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Higher gross margin than 90% of companies in specialised constructionsector median €39,319 · 34,914 companies €203,016 View

Recent changes

  1. · Gazette deed Company renamed from Centrale verwarming José Thys to Centrale verwarming ThysAppointments: THYS Robin (director) and THYS Nick (director) · Resignations: José Thys (director) and Luitgardus Van Sikkelerus (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as Centrale verwarming Thys: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €85,400 and €155,000, founded between 1977 and 1999.

CompanyTotal assetsGross margin
Centrale verwarming Thys Sint-Niklaas€110,302€203,016
Solartech Zonhoven€112,638€134,443
OMNITHERM MAINTENANCE Tubize€135,083€308,694
IVO PELGRIMS Keerbergen€120,122€148,045
Buermans Jozef Lier€85,373€172,084
HERMANS VERWARMING EN SANITAIR Hasselt€155,018€141,343
VAN REMOORTERE Sint-Gillis-Waas€150,944€124,078
Full comparison

Key facts about Centrale verwarming Thys

What is the company number of Centrale verwarming Thys?
The company number of Centrale verwarming Thys is 0438.820.971. The VAT number is the same number with BE in front: BE 0438.820.971.
Where is Centrale verwarming Thys based?
The registered office is at Bellestraat 58, 9100 Sint-Niklaas.Company details
What does Centrale verwarming Thys do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of Centrale verwarming Thys?
The legal form of Centrale verwarming Thys is Private limited company (BV).
When was Centrale verwarming Thys founded?
Centrale verwarming Thys was founded on 25-11-1989.
Is Centrale verwarming Thys still active?
Yes, Centrale verwarming Thys is an active enterprise in the KBO register.
How many employees does Centrale verwarming Thys have?
Centrale verwarming Thys had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Centrale verwarming Thys fall under?
In its 2025 annual accounts, Centrale verwarming Thys states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Centrale verwarming Thys?
The turnover in financial year 2025 is ≈ €630,000. This figure is estimated from the gross margin of €203,016 and 86 comparable companies (NACE 432). It probably lies between €510,000 and €770,000.
Is Centrale verwarming Thys profitable?
In financial year 2025, Centrale verwarming Thys made a profit of €2,364.
Where can I find the annual accounts of Centrale verwarming Thys?
Centrale verwarming Thys filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Centrale verwarming Thys due?
Centrale verwarming Thys must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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