Thiry Paints Brussel

Active

Private limited companyfounded 2011active for 15 yearsEikestraat 62, 2800 Mechelen, BelgiumKBO/BCE: BE 0836.936.487

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Thiry Paints Brussel is 2.5% (moderate). The 2025 annual accounts show equity of €366,591 and a net result of -€175,380. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 27% of 9,811 sector peers (NACE 46, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Thiry Paints BrusselActiveChecked score 50/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 14-06-2011 Normal situation
Legal form: Private limited company
Registered office: Eikestraat 62, 2800 Mechelen
Activity: Wholesale trade NACE 46833and 1 other
Establishment units: 3 establishment units
Financial year end: 31 December
Peppol: Reachable since 10-12-2024

Company details

Who decides

Board

Thiry PaintsDirector · permanent representative SCHODTS Karel
Patrick Van PéeDirector
Deckmyn EmmanuelDirector

Auditor: Baker Tilly Bedrijfsrevisoren

Shareholders

Thiry Paints67%annual accounts 2025

Board & ownership

How it is doing

50 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.5%

Annual accounts 2025

Gross margin: €728,406; ▲ 13.1%
Turnover: ≈ €3.8m; estimated
Loss: €175,380; ▲ 257%
Equity: €366,591; ▼ 32.4%
Total assets: €1.8m; ▼ 15.9%
Staff: 10.5 FTE; ▲ 4.0%

Net result -257%: merger2025 accounts filed 3 days late

Filed on 03-08-2026at the National Bank

Financials

Why 50raises riskLoss of €175,380, the second in a row (financial year 2025)Last filed accounts filed 3 days late; 1 of the last 3 lateSize: 10.5 FTE, total assets €1.8mLiquidity: current ratio 1.12, cash €32,733Show the evidence

Checked score

Score 2025

50 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 12% of its sector peers (NACE 46, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 46-5

equity 20.8% of total assets

Liquidity 15-7

short-term debt 69.2% · cash 1.9%

Profitability 6-18

return on assets -10.0%

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (4,376 companies, NACE 46, small)

Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.4%▼ -0.1 percentage points vs 02-2025 04-2025: 1.5%▲ +0.1 percentage points vs 03-2025 05-2025: 1.4%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.7%▲ +0.3 percentage points vs 06-2025 08-2025: 2.5%▲ +0.8 percentage points vs 07-2025 09-2025: 2.8%▲ +0.3 percentage points vs 08-2025 10-2025: 3.6%▲ +0.8 percentage points vs 09-2025highest value 11-2025: 1.7%▼ -1.9 percentage points vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.6%▼ -0.1 percentage points vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.7%▲ +0.1 percentage points vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.9%▲ +0.2 percentage points vs 06-2026 08-2026: 2.8%▲ +0.9 percentage points vs 07-2026 09-2026: 2.5%▼ -0.3 percentage points vs 08-2026 10-2026: 2.5%● unchanged vs 09-2026

Credit of up to €18,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.12, compared with 0.88 in 2024, below the usual 1.5; short-term debt: 69.2% and cash: 1.9% of total assets), and 79.2% 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 46, small): better than 23% on solvency, 13% on liquidity, 5% on profitability and 8% 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. 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

Six signals.

raises risk

Loss of €175,380, the second in a row (financial year 2025)

NBB · annual accounts

Last filed accounts filed 3 days late; 1 of the last 3 late

NBB · filings

Size: 10.5 FTE, total assets €1.8m

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

NBB · annual accounts

Liquidity: current ratio 1.12, cash €32,733

NBB · annual accounts

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 -€175,380

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

89 days late

2023

29 days late

2022

31 days late

2021

61 days late

2020

129 days late

2019

54 days late

← 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 57 days after the deadline; the sector median (NACE 46) 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 31 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Risk: 3 loss-making years in a rowloss financial year 2025 -€175,380 View
Caution: Among the weakest 5% on net resultsector median €26,870 · 9,790 companies -€175,380 View
Result fell in 2025merger with VIVALAC ▼ 257% View

Documents

Key facts about Thiry Paints Brussel

What is the company number of Thiry Paints Brussel?: 0836.936.487. In Belgium the VAT number is the company number with BE in front: BE 0836.936.487.
Where is Thiry Paints Brussel based?: The registered office is at Eikestraat 62, 2800 Mechelen.Company details
What does Thiry Paints Brussel do?: According to the KBO register, the main activity is wholesale trade (NACE 46833).
What is the legal form of Thiry Paints Brussel?: Private limited company (BV).
When was Thiry Paints Brussel founded?: On 14-06-2011.
Is Thiry Paints Brussel still active?: Yes, Thiry Paints Brussel is an active enterprise in the KBO register.
How many employees does Thiry Paints Brussel have?: On average 10.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Thiry Paints Brussel?: ≈ €3.8m in financial year 2025. Estimated from the gross margin of €728,406: probably between €2.4m and €6.3m, based on 141 comparable companies, NACE 46.
Is Thiry Paints Brussel profitable?: In financial year 2025, Thiry Paints Brussel made a loss of €175,380.
Where can I find the annual accounts of Thiry Paints Brussel?: Thiry Paints Brussel filed 14 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 Brussel due?: By 31-07-2027, for financial year 2026.Timeline