Thiry Paints For Professionals

Active

Public limited companyfounded 1970active for 56 yearsBrusselsesteenweg 10, 3020 Herent, Belgium11 active companies are registered at this addressKBO/BCE: BE 0407.123.153

Summary

Thiry Paints For Professionals has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.9m and a net result of €5.1m. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 40% of 190 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisFollow Report Compare

Thiry Paints For ProfessionalsActiveChecked score 80/100

Risk analysis Report Compare

Activity

Repair and maintenance of fabricated metal products

NACE 33110Business and other management consultancy NACE 70200

Largest company by total assets in Herent, Manufacturing sector1 site

Size

€2.1mturnover 2025

Staff: 7.2 FTE
Equity: €14.9m
Profit: €5.1m

Turnover +86%: mergerStandalone figures, without subsidiaries

Financial health

80 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.5%

Structure

Holdings: 9

Guido Van PéeManaging director
Patrick Van PéeDirector
KidsDirector · permanent representative Annick Van Pée

Auditor: Baker Tilly Bedrijfsrevisoren2025 accounts filed 4 days late5 of 15 deeds summarised

Why 80raises riskLiquidity: current ratio 0.70, cash €20,790Last filed accounts filed 4 days late; 2 of the last 3 latelowers riskSize: turnover €2.1m, 7.2 FTE, total assets €39.8m, files consolidated accountsFounded in 1970Show the evidence

Checked score

Score 2025

80 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 39% of its sector peers (NACE 33, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 62+9

equity 37.5% of total assets

Liquidity 28+5

short-term debt 45.1% · cash 0.1%

Profitability 60+12

return on assets 12.8%

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,391 companies, NACE 33, micro)

Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.5%▲ +0.1 percentage points vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.4%▼ -0.1 percentage points vs 04-2025 06-2025: 1.5%▲ +0.1 percentage points vs 05-2025 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.3%▲ +0.7 percentage points vs 07-2025 09-2025: 2.6%▲ +0.3 percentage points vs 08-2025 10-2025: 3.3%▲ +0.7 percentage points vs 09-2025highest value 11-2025: 1.0%▼ -2.3 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.7 percentage points vs 07-2026 09-2026: 0.5%▼ -1.2 percentage points vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value

Credit of up to €200,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.7, compared with 0.76 in 2024, below 1; short-term debt: 45.1% and cash: 0.1% of total assets), and 62.5% 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 33, micro): better than 42% on solvency, 17% on liquidity, 26% on profitability and 73% on growth.

The bankruptcy probability was computed on 30-10-2026 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 risk

Liquidity: current ratio 0.70, cash €20,790

NBB · annual accounts

Size: turnover €2.1m, 7.2 FTE, total assets €39.8m, files consolidated accounts

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

NBB · annual accounts

Founded in 1970

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

KBO

Last filed accounts filed 4 days late; 2 of the last 3 late

NBB · filings

2025 accounts filed 4 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 5 filings

Deviation from the deadline

2025

4 days late

2024

87 days late

2023

57 days late

2022

31 days late

2021

61 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 48 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

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 27 September (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

04-08-2026 Annual accounts filedfinancial year 2025 · full…
04-08-2026 Annual accounts filedfinancial year 2025 · consolidated…
31-12-2025 Back to profitnet €5.1m

Key points

Positive: Staff rose in 2025from 2.4 FTE to 7.2 FTE ▲ 200% View
Positive: Largest company by total assets in Herent, Manufacturing sectorin the Checked rankings No. 1 View
Merger with LOCAVImerger on 01-06-2025 2025 View
Heads a groupcompanies controlled 10 View
Active since 1970founded 16-04-1970 56 years View

By topic

Financials

Financial year: 2025
Turnover: €2.1m
Profit: €5.1m
Solvency: 37.5%

Turnover▲ 86.3%

Net result

20202025

Go to Financials

Board & ownership

Board: 3 members
Auditor: Baker Tilly Bedrijfsrevisoren

Guido Van PéeManaging director
Patrick Van PéeDirector
KidsDirector

Go to Board & ownership

Network & group

Subsidiaries, all levels: 10
Direct holdings: 9
Connected companies: 2
Mergers and asset contributions: 1

10 subsidiaries

Go to Network & group

Timeline

Events: 67
Since: 1978
Next accounts: by 31-07-2027

30-10-2025Annual accounts filed
27-10-2025Annual accounts filed
26-10-2025Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Repair and maintenance of fabricated metal productsNACE 33110
Founded: 16-04-1970
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 17

Annual meeting: 15 June at 15:00
Purpose: “De groot- en kleinhandel, import en export, distributie, marketing en fabricage van alle…” (deed in Dutch)

Go to Articles of association

Key facts about Thiry Paints For Professionals

What is the company number of Thiry Paints For Professionals?: 0407.123.153. In Belgium the VAT number is the company number with BE in front: BE 0407.123.153.
Where is Thiry Paints For Professionals based?: The registered office is at Brusselsesteenweg 10, 3020 Herent.Company details
What does Thiry Paints For Professionals do?: According to the KBO register, the main activity is repair and maintenance of fabricated metal products (NACE 33110).
What is the legal form of Thiry Paints For Professionals?: Public limited company (NV).
When was Thiry Paints For Professionals founded?: On 16-04-1970.
Is Thiry Paints For Professionals still active?: Yes, Thiry Paints For Professionals is an active enterprise in the KBO register.
How many employees does Thiry Paints For Professionals have?: On average 7.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Thiry Paints For Professionals?: €2.1m in financial year 2025, according to the filed annual accounts.
Is Thiry Paints For Professionals profitable?: In financial year 2025, Thiry Paints For Professionals made a profit of €5.1m.
Where can I find the annual accounts of Thiry Paints For Professionals?: Thiry Paints For Professionals filed 57 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Thiry Paints For Professionals due?: By 31-07-2027, for financial year 2026.Timeline