Skip to content

SMEDERIJ THYS

Active
Private limited companyfounded 2005active for 21 yearsKoning Leopoldlaan 7, 2260 Westerlo, BelgiumKBO/BCE: BE 0871.202.530

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SMEDERIJ THYS has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152,834 and a net result of €10,197. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 23% of 829 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 14-01-2005 Normal situation
Activity
Manufacture of metal structures and parts of structures NACE 25110and 3 others
Establishment unit
2.144.874.787 2260 Westerlo, since 01-01-2005
Financial year end
31 December
Peppol
Reachable since 19-09-2025

Board and ownership

Board

Financial position

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€333,118
▼ 2.5%
Turnover
≈ €790,000
estimated
Profit
€10,197
▼ 79.0%
Equity
€152,834
▼ 5.3%
Total assets
€612,838
▲ 17.2%
Staff
3.3 FTE
▲ 17.9%
Filed on 01-07-2026, 30 days before the deadlineat the National Bank
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Liquidity: current ratio 0.94, cash €25,134lowers riskFigures for financial year 2025 (filed on 01-07-2026)Founded in 2005Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 27% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Average
Solvency 50-6
equity 24.9% of total assets
Liquidity 23-11
short-term debt 60.9% · cash 4.1%
Profitability 71-9
return on assets 1.7%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,706 companies, NACE 25, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.4%▼ -0.5 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.4%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.94 (0.87 in 2024), below 1. Short-term debt is 60.9% and cash 4.1% of total assets. 75.1% 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 25, micro). It does better than 28% of them on solvency, 12% on liquidity, 41% on profitability and 27% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Figures for financial year 2025 (filed on 01-07-2026)
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.94, cash €25,134
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 829 sector peers (2025).
NBB · sector comparison
Position among 829 sector peers
Solvency
better than 23%
← weakest strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
36 days early
2023
34 days early
2022
33 days early
2021
32 days early
2020
130 days early
2019
30 days early
← 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 46 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% 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 28 June (5 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
01-11-2026 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

  • Caution: Less equity than 89% of companies in fabricated metal productssector median €1.2m · 829 companies €152,834 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 6 profitable years in a rowprofit 2025: €10,197 6 years View

Comparable companies

These companies have the same main activity as SMEDERIJ THYS: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €604,000 and €927,000, founded between 1996 and 2009.

CompanyTotal assetsGross margin
SMEDERIJ THYS Westerlo€612,838€333,118
ACERO-CONSTRUCT Grobbendonk€783,709€317,153
STEEL-CONCEPT Lier€926,633€338,952
CLARYS Alveringem€677,248€380,374
AXIMET Sint-Niklaas€603,641€347,287
ROBO CONSTRUCTIONS METALLIQUES Soignies€744,290€329,837
LANDBOUWMACHINES DENYS Zonnebeke€850,207€342,486
Full comparison

Documents

Annual accounts at the NBB

All 21 annual accounts

Articles and registers

Key facts about SMEDERIJ THYS

What is the company number of SMEDERIJ THYS?
The company number of SMEDERIJ THYS is 0871.202.530. The VAT number is the same number with BE in front: BE 0871.202.530.
Where is SMEDERIJ THYS based?
The registered office is at Koning Leopoldlaan 7, 2260 Westerlo.Company details
What does SMEDERIJ THYS do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of SMEDERIJ THYS?
The legal form of SMEDERIJ THYS is Private limited company (BV).
When was SMEDERIJ THYS founded?
SMEDERIJ THYS was founded on 14-01-2005.
Is SMEDERIJ THYS still active?
Yes, SMEDERIJ THYS is an active enterprise in the KBO register.
How many employees does SMEDERIJ THYS have?
SMEDERIJ THYS had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SMEDERIJ THYS?
The turnover in financial year 2025 is ≈ €790,000. This figure is estimated from the gross margin of €333,118 and 2,285 comparable companies of the same size. It probably lies between €470,000 and €1.3m. It is a rough estimate.
Is SMEDERIJ THYS profitable?
In financial year 2025, SMEDERIJ THYS made a profit of €10,197.
Where can I find the annual accounts of SMEDERIJ THYS?
SMEDERIJ THYS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SMEDERIJ THYS due?
SMEDERIJ THYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.