THEYSMANS
ActiveTHEYSMANS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €117k and a net result of €68k. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 2091 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+1
Solvency50▼-12
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.65 in 2023), and 71% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
42 d early
2022
41 d early
2021
39 d early
2020
39 d early
2019
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€117k▲ 6.0%
2023 · €110k
2018: €8k
2019: €21k
2020: €51k
2021: €70k
2022: €89k
2023: €110k
2018 → 2024
Total assets
€403k▲ 12.2%
2023 · €359k
2018: €441k
2019: €420k
2020: €403k
2021: €378k
2022: €373k
2023: €359k
2018 → 2024
Net result
€68k▲ 213%
2023 · €22k
2018: €828
2019: €13k
2020: €30k
2021: €18k
2022: €19k
2023: €22k
2018 → 2024
Working capital
€23k▼ 16.9%
2023 · €28k
2018: €-51k
2019: €-37k
2020: €-9k
2021: €5k
2022: €16k
2023: €28k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€51k-€70k▲ 35.4%€89k▲ 27.5%€110k▲ 24.6%€117k▲ 6.0%
Operating result€50k-€32k▼ 37.5%€32k▲ 2.0%€35k▲ 7.9%€92k▲ 166%
Net result€30k-€18k▼ 39.9%€19k▲ 5.3%€22k▲ 13.7%€68k▲ 213%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 166% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €403k
Fixed assets
€285k▼ 1.4%
Current assets
€118k▲ 68.0%
Equity and liabilities €403k
Equity
€117k▲ 6.0%
Debt
€286k▲ 15.0%
The debt ratio rises from 69.3% to 71.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€105k▲
2023 · €49k
Cash flow
€81k▲
2023 · €36k
Solvency
29.0%▼
2023 · 30.7%
Current ratio
1.24▼
2023 · 1.65
Quick ratio
1.10▼
2023 · 1.31
Debt / equity
2.44▲
2023 · 2.25
ROE
58.2%▲
2023 · 19.7%
ROA
16.9%▲
2023 · 6.1%
Interest coverage
17.10▲
2023 · 7.35
Debt
€286k▲
2023 · €249k
Debt ≤ 1 year
€95k▲
2023 · €43k
Debt > 1 year
€191k▼
2023 · €206k
Income taxes
€18k▲
2023 · €6k
Staff costs
€456▼
2023 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€359k€403k▲
Fixed assets21/28€289k€285k▼
Tangible fixed assets22/27€289k€285k▼
Land and buildings22€261k€251k▼
Plant, machinery and equipment23€27k€33k▲
Furniture and vehicles24€621€0▼
Financial fixed assets28€95€95=
Current assets29/58€70k€118k▲
Stocks and contracts in progress3€14k€13k▼
Stocks30/36€14k€13k▼
Amounts receivable within one year40/41€24k€23k▼
Trade receivables40€22k€21k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€18k€68k▲
Deferred charges and accrued income490/1€14k€14k▲
Equity and liabilities
Total equity and liabilities10/49€359k€403k▲
Equity10/15€110k€117k▲
Contributions10/11€6k€6k=
Reserves13€104k€111k▲
Distributable reserves133€104k€111k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€249k€286k▲
Amounts payable after more than one year17€206k€191k▼
Financial debts170/4€206k€191k▼
Amounts payable within one year42/48€43k€95k▲
Current portion of amounts payable after more than one year42€24k€15k▼
Trade debts44€8k€9k▲
Suppliers440/4€8k€9k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9€683€0▼
Other amounts payable47/48€7k€66k▲
Accrued charges and deferred income492/3-€6
Income statement
Code20232024
Remuneration, social security and pensions62€46k€456▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€97k€109k▲
Operating profit (loss)9901€35k€92k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€28k€86k▲
Income taxes67/77€6k€18k▲
Profit (loss) for the period9904€22k€68k▲
Profit (loss) for the period to be appropriated9905€22k€68k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€68k▲
Transfer from equity791/2-€61k
Transfer to equity691/2€22k€68k▲
To other reserves6921€22k€68k▲
Profit to be distributed694/7-€61k
Return on contributions (dividend)694-€61k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €68k ▲213%
Operating result €92k, net result €68k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €110k ▲24.6%
6 profitable years in a row build equity to €110k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herk-de-Stad · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenweg 33540 Herk-de-StadGround area
5,956 m²
Building footprint
357 m²
Parcel 71003B0070/00Z004, Flanders. Linked by address, not a title deed.
1 establishment unit
THEYSMANS
since 20172.263.275.660
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71003B0070/00Z004 | Flanders | 5,956 m² | 1 · 357 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerk-de-Stad2.263.275.660
Similar companies · same sector, comparable size
LERDOS
BE 0432.833.103
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CHOCOLATIER GUY PAS
BE 0434.586.328
Turnhout · Eq €116k
My Organic Chocolate
BE 0759.525.638
Anderlecht · Eq €119k
HAQUIN
BE 0700.609.917
Sint-Lievens-Houtem · Eq €121k
Massepain Sleeubus
BE 0404.852.363
Antwerpen · Eq €122k
Of 723 companies in sector 10820 we hold annual accounts for 350. 239 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2017
Fiscal year end31-12
Activities, NACEBEL
10820Manufacture of cocoa, chocolate and sugar confectionery
46360Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.