Fietsen Thys

Active

Private limited companyfounded 20224 yrs activeHerentalsebaan 705, 2160 Wommelgem, BelgiumKBO/BCE: BE 0780.571.371

The computed 12-month bankruptcy probability of Fietsen Thys is 2.0% (moderate). The 2025 annual accounts show equity of €931k and a net result of €295k. Equity is growing by ~40.8% per year across the filed fiscal years. Its solvency ranks better than 66% of 10242 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

91 / 100

Excellent▲ +15 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency96▲+28

Growth78▲+26

Stability94

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €85k at 30 days acceptable

Liquidity ample (current ratio 2.04 against 1.51 in 2024), and 47.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

52.8%

Return on assets

16.7%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

1 d early

2024

on the day

2023

5 d early

2022

4 d early

← before the deadline after the deadline →

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 months

Position in the running window

14-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€931k▲ 46.4%

2024 · €636k

2022: €231k 2023: €436k 2024: €636k

2022 → 2025

Total assets

€1.76M▲ 1.0%

2024 · €1.75M

2022: €1.22M 2023: €1.54M 2024: €1.75M

2022 → 2025

Net result

€295k▲ 47.0%

2024 · €201k

2022: €211k 2023: €204k 2024: €201k

2022 → 2025

Working capital

€854k▲ 51.8%

2024 · €562k

2022: €132k 2023: €345k 2024: €562k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€231k-€436k▲ 88.3%€636k▲ 46.1%€931k▲ 46.4%

Operating result€246k-€266k▲ 7.8%€271k▲ 2.1%€385k▲ 42.0%

Net result€211k-€204k▼ 3.3%€201k▼ 1.7%€295k▲ 47.0%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2025 is 42% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.76M

94.7%

Fixed assets €93k▲ 0.4%

Current assets €1.67M▲ 1.1%

Equity and liabilities €1.76M

52.8%

47.2%

Equity €931k▲ 46.4%

Debt €833k▼ 25.0%

The debt ratio falls from 63.6% to 47.2%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€403k▲

2024 · €291k

Cash flow

€313k▲

2024 · €221k

Solvency

52.8%▲

2024 · 36.4%

Current ratio

2.04▲

2024 · 1.51

Quick ratio

0.16▼

2024 · 0.19

Debt / equity

0.89▼

2024 · 1.75

ROE

31.7%▲

2024 · 31.6%

ROA

16.7%▲

2024 · 11.5%

Interest coverage

15.67▲

2024 · 7.99

Debt

€833k▼

2024 · €1.11M

Debt ≤ 1 year

€818k▼

2024 · €1.09M

Debt > 1 year

€15k▼

2024 · €18k

Income taxes

€93k▲

2024 · €61k

Staff costs

€196k▲

2024 · €82k

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€1.75M€1.76M▲

Fixed assets21/28€92k€93k▲

Tangible fixed assets22/27€92k€93k▲

Plant, machinery and equipment23€3k€2k▼

Furniture and vehicles24€10k€0▼

Other tangible fixed assets26€80k€91k▲

Current assets29/58€1.65M€1.67M▲

Stocks and contracts in progress3€1.45M€1.54M▲

Stocks30/36€1.45M€1.54M▲

Amounts receivable within one year40/41€156k€131k▼

Trade receivables40€156k€107k▼

Other amounts receivable41€0€24k▲

Cash at bank and in hand54/58€47k€1k▼

Deferred charges and accrued income490/1€0-

Equity and liabilities

Total equity and liabilities10/49€1.75M€1.76M▲

Equity10/15€636k€931k▲

Contributions10/11€20k€20k=

Reserves13€616k€911k▲

Distributable reserves133€616k€911k▲

Amounts payable17/49€1.11M€833k▼

Amounts payable after more than one year17€18k€15k▼

Financial debts170/4€18k€15k▼

Amounts payable within one year42/48€1.09M€818k▼

Current portion of amounts payable after more than one year42€3k€3k▲

Financial debts43€285k€67k▼

Credit institutions430/8€285k€67k▼

Trade debts44€81k€129k▲

Suppliers440/4€81k€129k▲

Advances received on contracts in progress46€6k€19k▲

Taxes, remuneration and social security45€185k€102k▼

Taxes450/3€171k€85k▼

Remuneration and social security454/9€14k€17k▲

Other amounts payable47/48€531k€498k▼

Income statement Code20242025

Remuneration, social security and pensions62€82k€196k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€18k▼

Other operating charges640/8€11k€10k▼

Gross operating margin9900€384k€608k▲

Operating profit (loss)9901€271k€385k▲

Financial income75/76B€28k€29k▲

Recurring financial income75€28k€29k▲

Financial charges65/66B€36k€26k▼

Recurring financial charges65€36k€26k▼

Profit (loss) for the period before taxes9903€262k€388k▲

Income taxes67/77€61k€93k▲

Profit (loss) for the period9904€201k€295k▲

Profit (loss) for the period to be appropriated9905€201k€295k▲

Appropriation of the result

Profit (loss) to be appropriated9906€201k€295k▲

Transfer to equity691/2€201k€295k▲

To other reserves6921€201k€295k▲

Social balance

Average headcount (FTE)90872.33.9▲

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Highest result since 2022net €295k ▲47%

Operating result €385k, net result €295k, both a record.

31-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Weakest financial yearnet €201k ▼1.7%

Net result drops to €201k, the lowest in the series; recovery starts the following year.

31-12

Financial Equity above €500kEq €636k ▲46.1%

3 profitable years in a row build equity to €636k.

26-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

27-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated 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, Wommelgem · 2 establishment units since 2022

establishment All 2 establishment units on the map

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.

Herentalsebaan 7052160 Wommelgem

Ground area

3,208 m²

Building footprint

442 m²

Volume, LiDAR

1,342 m³

3 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

Fietsen Thys

Schelkenshof 25, 2520 RanstRetail trade

since 20222.326.458.787

Fietsen Thys

Herentalsebaan 703-705, 2160 WommelgemRetail trade

since 20222.327.886.271

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11052D0110/00K005	Flanders	1,734 m²	1 · 159 m²	9.3 m · 2 fl.
11010C0350/00P002	Flanders	1,384 m²	1 · 284 m²	10.6 m · 1 fl.
11052D0110/00G005	Flanders	90 m²	-	-