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Thiry Paints Limburg

Active
Public limited companyfounded 1994active for 32 yearsBrusselsesteenweg 10, 3020 Herent, BelgiumKBO/BCE: BE 0453.553.291

From the official registers: KBO 31 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Thiry Paints Limburg is 1.9% (moderate). The annual accounts of Thiry Paints Limburg for financial year 2025 show a net loss of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €245,420 and a net result of -€436,529. Equity has been growing by about 28% per year since 2018. Its solvency ranks better than 12% of 3,861 sector peers (NACE 70, financial year 2025). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 06-10-1994 Normal situation
Registered office
11 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Business and other management consultancy NACE 70200and 2 others
Establishment units
5 establishment units
Financial year end
31 December
Peppol
Reachable since 26-11-2024

Board and ownership

Board
Auditor
BAKER TILLY BEDRIJFSREVISOREN

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts 2025
Gross margin
€1.4m
▼ 12.1%
Turnover
≈ €2.7m
estimated
Loss
€436,529
▲ 30.8%
Equity
€245,420
▼ 64.0%
Total assets
€4.0m
▲ 4.0%
Staff
24.7 FTE
▼ 12.1%
Filed on 03-08-2026, 3 days after the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 0.71, cash €69,060Loss of €436,529, the second in a row (financial year 2025)Equity €245,420 (6.2% of total assets)Size: 24.7 FTE, total assets €4.0mShow the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 4% of small companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Weak
Solvency 31-12
equity 6.2% of total assets
Liquidity 4-7
short-term debt 87.3% · cash 1.7%
Profitability 5-3
return on assets -11.0%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,518 companies, NACE 70, small)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.7%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 1.5%▲ +0.2 percentage points vs 08-2025 10-2025: 2.0%▲ +0.5 percentage points vs 09-2025 11-2025: 2.7%▲ +0.7 percentage points vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 3.0%▲ +0.3 percentage points vs 02-2026 04-2026: 3.0%● unchanged vs 03-2026 05-2026: 3.0%● unchanged vs 04-2026 06-2026: 3.1%▲ +0.1 percentage points vs 05-2026 07-2026: 3.0%▼ -0.1 percentage points vs 06-2026 08-2026: 3.4%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 1.9%▼ -1.5 percentage points vs 08-2026 10-2026: 1.9%● unchanged vs 09-2026
Credit of up to €12,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.71 (0.94 in 2024), below 1. Short-term debt is 87.3% and cash 1.7% of total assets. 93.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 70, small). It does better than 10% of them on solvency, 3% on liquidity, 2% on profitability and 3% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
raises risk
raises risk · Liquidity: current ratio 0.71, cash €69,060
NBB · annual accounts
raises risk · Loss of €436,529, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Equity €245,420 (6.2% of total assets)
NBB · annual accounts
raises risk · Size: 24.7 FTE, total assets €4.0m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€436,529
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 3861 sector peers (2025).
NBB · sector comparison
Position among 3861 sector peers
Solvency
better than 12%
← weakest strongest →
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 10 filings
Deviation from the deadline
2025
3 days late
2024
88 days late
2023
7 days early
2022
11 days early
2021
61 days late
2020
29 days late
2019
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · 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 3 August (4 of the last 5 accounts filed within 58 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€436,529 View
  • Caution: Lower net result than 93% of companies in head offices and management consultancysector median €53,936 · 3,860 companies -€436,529 View
  • Caution: Equity fell in 2025from €681,949 to €245,420 ▼ 64.0% View

Comparable companies

These companies have the same main activity as Thiry Paints Limburg: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.3m and €4.5m, founded between 1993 and 2000.

CompanyTotal assetsGross margin
Thiry Paints Limburg Herent€4.0m€1.4m
EXCALIBUR Ans€3.2m€1.5m
Septeo Corporate Lawyer Solutions BE Boortmeerbeek€4.5m€1.8m
VENTIGRATE Kontich€4.1m€1.7m
ABLE Mechelen€3.2m€1.7m
The Crew Elsene€2.5m€1.3m
GROUPE ONE Sint-Gillis (bij-Brussel)€2.3m€1.5m
Full comparison

Documents

Annual accounts at the NBB

All 31 annual accounts

Articles and registers

Key facts about Thiry Paints Limburg

What is the company number of Thiry Paints Limburg?
The company number of Thiry Paints Limburg is 0453.553.291. The VAT number is the same number with BE in front: BE 0453.553.291.
Where is Thiry Paints Limburg based?
The registered office is at Brusselsesteenweg 10, 3020 Herent.Company details
What does Thiry Paints Limburg do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of Thiry Paints Limburg?
The legal form of Thiry Paints Limburg is Public limited company (NV).
When was Thiry Paints Limburg founded?
Thiry Paints Limburg was founded on 06-10-1994.
Is Thiry Paints Limburg still active?
Yes, Thiry Paints Limburg is an active enterprise in the KBO register.
How many employees does Thiry Paints Limburg have?
Thiry Paints Limburg had an average of 24.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Thiry Paints Limburg?
The turnover in financial year 2025 is ≈ €2.7m. This figure is estimated from the gross margin of €1.4m and 36 comparable companies (NACE 70200). It probably lies between €1.9m and €3.4m.
Is Thiry Paints Limburg profitable?
In financial year 2025, Thiry Paints Limburg made a loss of €436,529.
Where can I find the annual accounts of Thiry Paints Limburg?
Thiry Paints Limburg filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Thiry Paints Limburg due?
Thiry Paints Limburg must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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