THEYS

Active

Private limited companyfounded 2005active for 20 yearsKeulsebaan 26, 2243 Zandhoven, BelgiumKBO/BCE: BE 0877.286.905

Summary

THEYS has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €285,428 and a net result of €170,458. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 65% of 5,826 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

THEYSActiveChecked score 90/100

Risk analysis Report Compare

Activity

Freight transport by road

NACE 49410

1 site

Size

€538,399total assets 2025

Equity: €285,428
Profit: €170,458

Turnover not published (micro format)

Financial health

90 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

2025 accounts 12 days early2 deeds in the Belgian Official Gazette

Why 90raises riskSector: Land transport and transport via pipelines (NACE 49)1 of the last 3 latelowers riskLiquidity: current ratio 1.33, cash €108,418Founded in 2005Show the evidence

Checked score

Score 2025

90 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 79% of its sector peers (NACE 49, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 78+3

equity 53.0% of total assets

Liquidity 60+13

short-term debt 34.7% · cash 20.1%

Profitability 100+11

return on assets 31.7%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,096 companies, NACE 49, micro)

Last 24 months 11-2024: 2.0%highest value 12-2024: 2.0%● unchanged vs 11-2024highest value 01-2025: 2.0%● unchanged vs 12-2024highest value 02-2025: 0.7%▼ -1.3 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.6%▼ -0.1 percentage points vs 11-2025 01-2026: 0.8%▲ +0.2 percentage points vs 12-2025 02-2026: 0.3%▼ -0.5 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.33, compared with 1.75 in 2024, below the usual 1.5; short-term debt: 34.7% and cash: 20.1% of total assets), and 47% 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 49, micro): better than 65% on solvency, 67% on liquidity, 94% on profitability and 92% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Liquidity: current ratio 1.33, cash €108,418

NBB · annual accounts

1 of the last 3 late

NBB · filings

Founded in 2005

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

12 days early

2024

17 days early

2023

350 days late

2022

27 days early

2021

34 days early

2020

1 day late

2019

4 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 37 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 14 January (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end26-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

19-01-2026 Annual accounts filedfinancial year 2025 · micro…
30-06-2025 Highest result from 2019 to 2025net €170,458 ▲355%
30-06-2025 Equity above €200,000equity €285,428 ▲148%

Key points

Positive: Result rose in 2025from €37,456 to €170,458 ▲ 355% View
Positive: Among the best 5% on net resultsector median €5,731 · 5,797 companies €170,458 View
Total assets 20256 financial years filed €538,399 View

By topic

Financials

Financial year: 2025
Total assets: €538,399
Profit: €170,458
Solvency: 53.0%

Go to Financials

Timeline

Events: 25
Since: 2007
Next accounts: by 31-01-2027

15-01-2025Annual accounts filed
14-01-2025Annual accounts filed
30-06-2024Equity above €100,000

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Freight transport by roadNACE 49410
Founded: 16-11-2005
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Key facts about THEYS

What is the company number of THEYS?: 0877.286.905. In Belgium the VAT number is the company number with BE in front: BE 0877.286.905.
Where is THEYS based?: The registered office is at Keulsebaan 26, 2243 Zandhoven.Company details
What does THEYS do?: According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of THEYS?: Private limited company (BV).
When was THEYS founded?: On 16-11-2005.
Is THEYS still active?: Yes, THEYS is an active enterprise in the KBO register.
What is the turnover of THEYS?: €184,260 in financial year 2022, according to the filed annual accounts.Financials
Is THEYS profitable?: In financial year 2025, THEYS made a profit of €170,458.
Where can I find the annual accounts of THEYS?: THEYS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THEYS due?: By 31-01-2027, for financial year 2026.Timeline