Thevi
ActiveSummary
Thevi has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.5m and a net result of €94,722. Equity is growing by ~6.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.52 in 2023; short-term debt: 7.5% and cash: 6% of total assets), and 9.2% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
90.8%
Return on assets
2.5%
Age of the figures
21 mo
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
140 d early
2023
146 d early
2022
89 d early
2021
32 d early
2020
37 d early
2019
58 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 77 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · 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. Usually files around 13 March (3 of the last 3 filed years within 103 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Equity
€3.5m▲ 2.8%
2023 · €3.4m
Total assets
€3.8m▼ 5.7%
2023 · €4.0m
Net result
€94,722▼ 41.1%
2023 · €160,944
Working capital
€4,864▼ 96.5%
2023 · €137,195
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€192,268▼ 18.4%€224,750▲ 16.9%€396,845▲ 76.6%€233,493▼ 41.2%€162,907▼ 30.2%
Net result€124,564▼ 24.2%€170,566▲ 36.9%€326,659▲ 91.5%€160,944▼ 50.7%€94,722▼ 41.1%
Equity€2.7m▲ 5.3%€2.9m▲ 6.3%€3.2m▲ 11.6%€3.4m▲ 4.7%€3.5m▲ 2.8%
Total assets€4.1m▼ 1.1%€4.1m▼ 0.3%€3.9m▼ 6.6%€4.0m▲ 4.7%€3.8m▼ 5.7%
Debt€1.4m▼ 10.6%€1.2m▼ 12.5%€638,701▼ 48.2%€664,719▲ 4.1%€344,215▼ 48.2%
Working capital-€1.2m▲ 15.6%-€922,517▲ 23.9%-€168,708▲ 81.7%€137,195€4,864▼ 96.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 30% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.8m
Fixed assets
€3.5m ▼ 3.3%
Current assets
€291,793 ▼ 27.7%
Equity and liabilities €3.8m
Equity
€3.5m ▲ 2.8%
Provisions
€7,543 ▼ 37.6%
Debt
€344,215 ▼ 48.2%
Debt's share of the balance-sheet total falls from 16.5% to 9.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€284,380▼
2023 · €355,041
Cash flow
€216,195▼
2023 · €282,492
Current ratio
1.02▼
2023 · 1.52
Debt to equity
0.10▼
2023 · 0.20
ROE
2.7%▼
2023 · 4.8%
ROA
2.5%▼
2023 · 4.0%
Interest coverage
5.62▼
2023 · 8.56
Debt ≤ 1 year
€286,929▲
2023 · €266,145
Debt > 1 year
€0▼
2023 · €316,853
Income taxes
€22,131▼
2023 · €35,608
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €121,216 | €121,216 | €121,216 | €121,548 | €121,472 | ▼ 0.1% |
| Other operating charges640/8 | - | €18,390 | €18,595 | €20,728 | €21,253 | ▲ 2.5% |
| Gross operating margin9900 | €331,531 | €364,356 | €536,656 | €375,769 | €305,632 | ▼ 18.7% |
| Operating profit (loss)9901 | €192,268 | €224,750 | €396,845 | €233,493 | €162,907 | ▼ 30.2% |
| Financial income75/76B | - | €0 | €0 | - | - | - |
| Recurring financial income75 | €51 | €0 | €0 | - | - | - |
| Financial charges65/66B | - | €31,649 | €34,649 | €41,499 | €50,594 | ▲ 21.9% |
| Recurring financial charges65 | €36,691 | €31,649 | €34,649 | €41,499 | €50,594 | ▲ 21.9% |
| Profit (loss) for the period before taxes9903 | €155,628 | €193,101 | €362,196 | €191,995 | €112,313 | ▼ 41.5% |
| Transfer from deferred taxes780 | - | €6,361 | €4,545 | €4,558 | €4,541 | ▼ 0.4% |
| Income taxes67/77 | €36,249 | €28,896 | €40,082 | €35,608 | €22,131 | ▼ 37.8% |
| Profit (loss) for the period9904 | €124,564 | €170,566 | €326,659 | €160,944 | €94,722 | ▼ 41.1% |
| Transfer from tax-exempt reserves789 | - | €11,819 | €13,636 | €13,673 | €13,594 | ▼ 0.6% |
| Profit (loss) for the period to be appropriated9905 | €134,199 | €182,385 | €340,295 | €174,617 | €108,316 | ▼ 38.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.1m | €4.1m | €3.9m | €4.0m | €3.8m | ▼ 5.7% |
| Fixed assets21/28 | €4.0m | €3.9m | €3.8m | €3.6m | €3.5m | ▼ 3.3% |
| Tangible fixed assets22/27 | €4.0m | €3.9m | €3.8m | €3.6m | €3.5m | ▼ 3.3% |
| Land and buildings22 | - | €3.9m | €3.8m | €3.6m | €3.5m | ▼ 3.3% |
| Furniture and vehicles24 | - | - | - | - | €2,392 | - |
| Current assets29/58 | €141,660 | €250,615 | €99,388 | €403,340 | €291,793 | ▼ 27.7% |
| Amounts receivable within one year40/41 | - | - | €1,308 | €0 | €62,604 | - |
| Other amounts receivable41 | - | - | €1,308 | €0 | €62,604 | - |
| Cash at bank and in hand54/58 | €141,660 | €250,615 | €98,080 | €403,340 | €229,189 | ▼ 43.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.1m | €4.1m | €3.9m | €4.0m | €3.8m | ▼ 5.7% |
| Equity10/15 | €2.7m | €2.9m | €3.2m | €3.4m | €3.5m | ▲ 2.8% |
| Contributions10/11 | - | €18,969 | €18,969 | €18,969 | €18,969 | = |
| Reserves13 | €2.7m | €2.9m | €3.2m | €3.3m | €3.4m | ▲ 2.8% |
| Non-distributable reserves130/1 | - | €1,897 | €1,897 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,897 | €1,897 | €0 | - | - |
| Tax-exempt reserves132 | - | €67,105 | €60,130 | €36,500 | €22,906 | ▼ 37.2% |
| Distributable reserves133 | - | €2.8m | €3.1m | €3.3m | €3.4m | ▲ 3.3% |
| Provisions and deferred taxes16 | €24,252 | €17,890 | €6,685 | €12,084 | €7,543 | ▼ 37.6% |
| Deferred taxes168 | - | €17,890 | €6,685 | €12,084 | €7,543 | ▼ 37.6% |
| Amounts payable17/49 | €1.4m | €1.2m | €638,701 | €664,719 | €344,215 | ▼ 48.2% |
| Amounts payable after more than one year17 | €0 | - | €316,853 | €316,853 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €316,853 | €316,853 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €1.4m | €1.2m | €268,096 | €266,145 | €286,929 | ▲ 7.8% |
| Financial debts43 | - | €920,506 | €0 | - | - | - |
| Credit institutions430/8 | - | €920,506 | €0 | - | - | - |
| Trade debts44 | €2,505 | €1,129 | €550 | €0 | €117 | - |
| Suppliers440/4 | - | €1,129 | €550 | €0 | €117 | - |
| Taxes, remuneration and social security45 | - | €6,726 | €15,990 | €4,802 | €11,396 | ▲ 137% |
| Taxes450/3 | - | €6,726 | €15,990 | €4,802 | €11,396 | ▲ 137% |
| Other amounts payable47/48 | - | €244,770 | €251,556 | €261,342 | €275,417 | ▲ 5.4% |
| Accrued charges and deferred income492/3 | - | €60,126 | €53,752 | €81,721 | €57,286 | ▼ 29.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €124,564 | €170,566 | €326,659 | €160,944 | €94,722 | ▼ 41.1% |
| + Depreciation and write-downs630 | €121,216 | €121,216 | €121,216 | €121,548 | €121,472 | ▼ 0.1% |
| Operating cash flow (approximation) | €245,780 | €291,782 | €447,875 | €282,492 | €216,195 | ▼ 23.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,697 | - |
| Change in cash | - | €108,955 | -€152,535 | €305,260 | -€174,151 | ▼ 157% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €94,722 ▼41.1%
Net result drops to €94,722, the lowest in the series.
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 1.52
Current ratio from 0.37 to 1.52; short-term debt falls from €268,096 to €266,145.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 1997
Ground area
1,609 m²
Building footprint
274 m²
Volume, LiDAR
1,685 m³
Parcel 34012C0425/00P006, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Bissegemstraat 80, 8560 Wevelgem
since 19972.025.713.455
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012C0425/00P006 | Flanders | 1,609 m² | 1 · 274 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company details
Identification
Legal formPrivate limited company
Founded10-11-1984
Fiscal year end31-12
Contact
E-mail
mieke.theys.thevi@gmail.comWevelgem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427524134
Also
9925:BE0427524134
Registered
27-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.