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Modelmakerij Thijs

Active
Private limited companyfounded 1968active for 58 yearsSenthout 21, 2570 Duffel, BelgiumKBO/BCE: BE 0404.053.203
Summary

Modelmakerij Thijs has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180,867 and a net result of -€50,920. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 95% of 78 sector peers (NACE 24, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of basic metals
NACE 24510Manufacture of other wood products NACE 16281
1 site
Size
€191,648total assets 2025
Equity
€180,867
Loss
-€50,920
Turnover not published (abbreviated or micro format)
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 23 days early1 of 2 deeds summarised
Why 89raises riskLoss of €50,920, the second in a row (financial year 2025)Sector: Manufacture of basic metals (NACE 24)lowers riskLiquidity: current ratio 14.99, cash €55,197Founded in 1968Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 24, micro)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 94.4% of total assets
Liquidity 86+1
short-term debt 5.6% · cash 28.8%
Profitability 0-69
return on assets -26.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (202 companies, NACE 24, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.3%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%▲ +0.3 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026highest value 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.4 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity ample (current ratio 14.99, compared with 11.28 in 2023, above the usual 1.5; short-term debt: 5.6% and cash: 28.8% of total assets), and 5.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 24, micro): better than 89% on solvency, 86% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €50,920, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 14.99, cash €55,197
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of basic metals (NACE 24)
KBO
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 · 10 filings
Deviation from the deadline
2025
23 days early
2024
17 days early
2023
2 days early
2022
2 days early
2021
6 days early
2020
59 days early
2019
57 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 24) for financial year 2024 is 15 days before the deadline, and 29% 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 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€50,920
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2025 -€50,920 View
  • Caution: Among the weakest 9% on net resultsector median €25,987 · 77 companies -€50,920 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Financial year
2025
Total assets
€191,648
Loss
-€50,920
Solvency
94.4%
Total assets▼ 40.2%
Net result
20182025
Go to Financials

Timeline

Events
53
Since
1978
Next accounts
by 31-07-2027
  1. 29-07-2024Annual accounts filed
  2. 23-11-2023Reappointment: THYS Bart Vera Wilfried (statutory director)
  3. 29-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of basic metalsNACE 24510
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
27
Who signs
Each director alone
Annual meeting
First Tuesday of June at 10:00
Purpose
“Het vervaardigen,verkopen,verhandelen van alle soorten,modellen voor gieterijen in metaal…” (deed in Dutch)
Go to Articles of association

Key facts about Modelmakerij Thijs

What is the company number of Modelmakerij Thijs?
0404.053.203. In Belgium the VAT number is the company number with BE in front: BE 0404.053.203.
Where is Modelmakerij Thijs based?
The registered office is at Senthout 21, 2570 Duffel.Company details
What does Modelmakerij Thijs do?
According to the KBO register, the main activity is manufacture of basic metals (NACE 24510).
What is the legal form of Modelmakerij Thijs?
Private limited company (BV).
When was Modelmakerij Thijs founded?
On 01-01-1968.
Is Modelmakerij Thijs still active?
Yes, Modelmakerij Thijs is an active enterprise in the KBO register.
How many employees does Modelmakerij Thijs have?
On average 3.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of Modelmakerij Thijs?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Modelmakerij Thijs profitable?
In financial year 2025, Modelmakerij Thijs made a loss of €50,920.
Where can I find the annual accounts of Modelmakerij Thijs?
Modelmakerij Thijs filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Modelmakerij Thijs due?
By 31-07-2027, for financial year 2026.Timeline

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