THEYS
THEYS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €285k and a net result of €170k. Equity is growing by ~31.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 4269 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €285k |
| Net result | €170k |
| Better than sector | 63% |
| Active | 20 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 53.0% | 39.2% | |
| Net result | €170k | €6k | |
| Equity | €285k | €37k | |
| Gross operating margin | €319k | €40k | |
| Staff costs | €1k | €51k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | €184k | - |
| EBITDA | €317k | €85k | €27k | €50k | €29k |
| Net profit | €170k | €37k | €156 | €8k | €55k |
| Cash flow | €228k | €68k | €25k | €46k | €87k |
| Staff costs | €1k | - | - | - | - |
| Income taxes | €86k | €14k | €57 | €3k | €3k |
| Dividends | - | - | - | - | - |
| Total assets | €538k | €229k | €179k | €155k | €270k |
| Equity | €285k | €115k | €78k | €77k | €69k |
| Debt | €253k | €114k | €102k | €78k | €202k |
| of which ≤ 1y | €187k | €86k | €55k | €50k | €161k |
| of which > 1y | €66k | €28k | €47k | €27k | €40k |
| Working capital | €62k | €65k | €17k | €33k | €-8k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.33 | 1.75 | 1.31 | 1.67 | 0.95 |
| Quick ratio | 1.33 | 1.75 | 1.31 | 1.67 | 0.95 |
| Working capital ratio | 11.4% | 28.2% | 9.6% | 21.6% | -3.0% |
| Solvency | 53.0% | 50.2% | 43.2% | 50.0% | 25.5% |
| Debt / equity | 0.89 | 0.99 | 1.31 | 1.00 | 0.59 |
| Long-term debt ratio | 0.23 | 0.25 | 0.60 | 0.35 | 0.59 |
| Interest coverage | 103.86 | 35.54 | 15.79 | 34.01 | - |
| Gross margin | - | - | - | 18.6% | - |
| Net margin | - | - | - | 4.6% | - |
| ROA | 31.7% | 16.4% | 0.1% | 5.4% | 20.2% |
| ROE | 59.7% | 32.6% | 0.2% | 10.9% | 79.2% |
| EBITDA margin | - | - | - | 27.0% | - |
| Days sales outstanding | - | - | - | 76d | - |
| Days payable outstanding | - | - | - | 19d | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €538k | €229k | €179k | €155k | €270k |
| Fixed assets | 21/28 | €290k | €79k | €107k | €71k | €117k |
| Tangible fixed assets | 22/27 | €290k | €78k | €107k | €71k | €117k |
| Financial fixed assets | 28 | €335 | €335 | €335 | €335 | €335 |
| Current assets | 29/58 | €248k | €150k | €72k | €84k | €153k |
| Amounts receivable within one year | 40/41 | €138k | €124k | €39k | €38k | €124k |
| Cash & bank | 54/58 | €108k | €25k | €33k | €45k | €30k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €538k | €229k | €179k | €155k | €270k |
| Equity | 10/15 | €285k | €115k | €78k | €77k | €69k |
| Contributions / capital | 10/11 | €13k | €13k | €13k | €13k | - |
| Reserves | 13 | €172k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €101k | €101k | €63k | €63k | €55k |
| Amounts payable | 17/49 | €253k | €114k | €102k | €78k | €202k |
| Amounts payable after one year | 17 | €66k | €28k | €47k | €27k | €40k |
| Amounts payable within one year | 42/48 | €187k | €86k | €55k | €50k | €161k |
| Trade debts payable within one year | 44 | €52k | €10k | €12k | €8k | €119k |
| Income statement | ||||||
| Turnover | 70 | - | - | - | €184k | - |
| Gross operating margin | 9900 | €319k | €86k | €27k | €52k | €34k |
| Operating result | 9901 | €259k | €54k | €2k | €12k | €-3k |
| Financial income | 75 | €6 | €9 | - | €5 | - |
| Financial charges | 65 | €3k | €2k | €2k | €1k | €2k |
| Result before taxes | 9903 | €256k | €51k | €212 | €11k | €-5k |
| Income taxes | 67/77 | €86k | €14k | €57 | €3k | €3k |
| Net result for the period | 9904 | €170k | €37k | €156 | €8k | €-7k |
| Result to be appropriated | 9905 | €170k | €37k | €156 | €8k | €9k |
-
Bjorn TheysDirectorState Gazette act 23310103 (01-02-2023)Current01-02-2023 → present
2 events
- 01-02-2023 Resigned· Director
- 01-02-2023 Appointed· Director
-
Henricus TheysDirectorState Gazette act 23310103 (01-02-2023)Current01-02-2023 → present
2 events
- 01-02-2023 Resigned· Director
- 01-02-2023 Appointed· Director
| NACE primary | Freight transport by road(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 16-11-2005 |
| Status | Active |
| Postal code | 2243 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11034B0427/00F000 | Flanders | 2,953 m² | 1 · 178 m² | 7.7 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
01-02-2023 2 directors appointed, 2 resigning
- Henricus Theys, Bestuurder
- Bjorn Theys, Bestuurder
- Henricus Theys, Bestuurder
- Bjorn Theys, Bestuurder
Technical details
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"evidence_quote": "De vergadering aanvaardt \u00E9\u00E9nparig het ontslag van de heer Henricus Theys en de heer Bjorn Theys, beiden voornoemd, als bestuurders van de vennootschap, dankt hen voor het gevoerde beleid en verleent hen algehele ontlasting nopens de uitvoering van hun mandaat.",
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"notary": {
"name": "Koen Scheurweghs",
"firm_city": null,
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"office_city": "Grobbendonk",
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},
"act_meta": {
"language": "nl",
"pub_date": "2023-02-01",
"filing_date": "2023-01-30",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-01-25",
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}| Legal nameNL | THEYS |