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THUYN

Active
Private limited companyfounded 2024active for 1 yearSchoollaan 8, 8450 Bredene, BelgiumKBO/BCE: BE 1017.712.914

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

THUYN has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,253 and a net result of €24,086. Its solvency ranks better than 74% of 1,552 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Financials · financial year 2025, abbreviated format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
08-04-2026
Format
abbreviated format
Reference
2026-00074508
Turnover
≈ €160,000
Estimated: probably between €94,000 and €240,000
Total assets
€41,107
Net result
€24,086
Working capital
€17,157

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €41,107
Fixed assets €9,096
Current assets €32,011
Equity and liabilities €41,107
Equity €26,253
Debt €14,854
Debt's share of the balance-sheet total is 36.1%.
Key figures and ratios
2025 value
EBITDA
€32,467
Cash flow
€25,840
Current ratio
2.16
Debt to equity
0.57
ROE
91.7%
ROA
58.6%
Interest coverage
82.92
Debt ≤ 1 year
€14,854
Income taxes
€6,237

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as THUYN has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

The bankruptcy probability of THUYN itself is higher: 1.1% within 12 months. It rests on far more data about THUYN than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for THUYN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines

Source: Annual accounts 2025 at the NBB, filed on 08-04-2026.

Balance sheet Code2025
Assets
Total assets20/58€41,107
Fixed assets21/28€9,096
Tangible fixed assets22/27€9,096
Plant, machinery and equipment23€2,018
Furniture and vehicles24€7,078
Current assets29/58€32,011
Amounts receivable within one year40/41€9,878
Trade receivables40€9,827
Other amounts receivable41€51
Cash at bank and in hand54/58€20,367
Deferred charges and accrued income490/1€1,766
Equity and liabilities
Total equity and liabilities10/49€41,107
Equity10/15€26,253
Contributions10/11€3,000
Reserves13€23,253
Distributable reserves133€23,253
Profit (loss) carried forward14€0
Amounts payable17/49€14,854
Amounts payable within one year42/48€14,854
Trade debts44€845
Suppliers440/4€845
Taxes, remuneration and social security45€3,997
Taxes450/3€3,997
Other amounts payable47/48€10,011
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,754
Other operating charges640/8€1,748
Gross operating margin9900€34,215
Operating profit (loss)9901€30,714
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€392
Recurring financial charges65€392
Profit (loss) for the period before taxes9903€30,322
Income taxes67/77€6,237
Profit (loss) for the period9904€24,086
Profit (loss) for the period to be appropriated9905€24,086
Appropriation of the result
Profit (loss) to be appropriated9906€24,086
Transfer to equity691/2€23,253
To other reserves6921€23,253
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,754
Other operating charges640/8€1,748
Gross operating margin9900€34,215
Operating profit (loss)9901€30,714
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€392
Recurring financial charges65€392
Profit (loss) for the period before taxes9903€30,322
Income taxes67/77€6,237
Profit (loss) for the period9904€24,086
Profit (loss) for the period to be appropriated9905€24,086
Line2025
Assets
Total assets20/58€41,107
Fixed assets21/28€9,096
Tangible fixed assets22/27€9,096
Plant, machinery and equipment23€2,018
Furniture and vehicles24€7,078
Current assets29/58€32,011
Amounts receivable within one year40/41€9,878
Trade receivables40€9,827
Other amounts receivable41€51
Cash at bank and in hand54/58€20,367
Deferred charges and accrued income490/1€1,766
Equity and liabilities
Total equity and liabilities10/49€41,107
Equity10/15€26,253
Contributions10/11€3,000
Reserves13€23,253
Distributable reserves133€23,253
Profit (loss) carried forward14€0
Amounts payable17/49€14,854
Amounts payable within one year42/48€14,854
Trade debts44€845
Suppliers440/4€845
Taxes, remuneration and social security45€3,997
Taxes450/3€3,997
Other amounts payable47/48€10,011
Line2025
Profit (loss) for the period9904€24,086
+ Depreciation and write-downs630€1,754
Operating cash flow (approximation)€25,840

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 08-04-2026 2026-00074508 NBB

Comparable companies

These companies have the same main activity as THUYN: general cleaning of buildings (NACE 81210). They are comparable in size and age: total assets between €35,200 and €48,700, founded in 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
THUYN Bredene2024€41,107€26,253€34,215€24,0862025
ISA'S CLEANING Knokke-Heist2024€35,189€20,915€32,937€18,7482025
BLANCO FRESH CLEANING Veurne2024€43,238€33,439€43,622€32,4392025
HANE CLEANING SERVICE Antwerpen2024€41,106€24,331€37,890€20,3312025
Aqualou Nijlen2024€41,336€27,317€40,977€23,1502025
EK CLEAN Dison2024€42,597€31,105€41,316€26,1052025
G.L.J. SERVICES Grimbergen2024€48,654€24,636€30,155€23,1362025

They were chosen from the 2,127 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.