Skip to content

THY CONSEILS

Active Private limited companyfounded 2009active for 17 yearsThy 11, 1470 GenappeKBO/BCE: BE 0819.871.120
THY CONSEILS
Financial year 2025
Follow ReportCompare

Annual accounts 2025

micro format, filed on 25-08-2026, 25 days late
Gross margin
€44,412
▼ 55.5%
Operating result
€1,500
▼ 96.5%
EBITDA
€42,909
▼ 56.3%
Cash flow
€36,245
▼ 56.0%
Solvency
87.1%
▲ 5.1 percentage points
Current ratio
2.80
▲ 1.39

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

Turnover ≈ €130,000. Estimated: probably between €76,000 and €180,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €218,921 on 31-12-2025
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Compare with sector

Solvency87.1%

Higher than 86% of 39,335 companies in 2025.

Current ratio2.80

Higher than 61% of 38,020 companies in 2025.

Return on assets-2.4%

Higher than 14% of 38,492 companies in 2025.

THY CONSEILS Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
Total assets20/58 218,921238,751259,655324,317552,871579,805594,883554,458634,348479,348471,074408,682306,665136,225110,658123,740
Fixed assets21/28 139,872178,478224,304252,257336,740401,739457,417447,936439,571410,857378,945318,952136,258103,12949,13638,793
Intangible fixed assets21 5,6257,1258,62510,12511,62513,12514,62516,12517,62519,12520,62522,12523,62525,12526,62528,125
Tangible fixed assets22/27 134,132171,238215,564242,017300,000363,499417,677406,696396,831246,617213,205151,71287,51852,88922,39610,668
Plant, machinery and equipment23 128,871164,007201,427213,118259,191306,187350,421401,962394,159241,568212,471149,46285,22052,77321,4748,723
Furniture and vehicles24 1,7613,3909,79224,05035,45451,45363,7561,2342,6725,0497342,2502,2981169221,945
Leasing and similar rights25 -3418451,3501,855-----------
Other tangible fixed assets26 3,5003,5003,5003,5003,5003,5003,5003,500--------
Financial fixed assets28 11511511511525,11525,11525,11525,11525,115145,115145,115145,11525,11525,115115-
Current assets29/58 79,04960,27335,35172,059216,132178,066137,467106,522194,77768,49092,12989,730170,40833,09561,52284,947
Amounts receivable within one year40/41 26,1306,2712,26854,44776,67644,45724,15793,522158,99851,58850,40671,483-3031,19611,234
Trade receivables40 26,1246,271-50,43673,92038,71416,838-25,410-8,65246,283---11,234
Other amounts receivable41 6-2,2684,0112,7565,7437,31993,522133,58851,58841,75425,200-3031,196-
Cash at bank and in hand54/58 48,69552,83829,49612,840139,427133,609113,31012,99935,77916,9029,72315,292170,40832,79360,32673,713
Deferred charges and accrued income490/1 4,2241,1653,5874,77328-----32,0002,956----
Balance sheet: equity and liabilities
Total equity and liabilities10/49 218,921238,751259,655324,317552,871579,805594,883554,458634,348479,348471,074408,682306,665136,225110,658123,740
Equity10/15 190,664195,828168,487157,048147,625109,95691,51697,163102,34346,97030,82440,21465,76972,10961,55157,060
Contributions10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
Issued capital100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
Uncalled capital101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
Reserves13 160,578160,578135,578125,578117,57880,57870,57859,75059,75018,75018,75018,75018,75018,75018,75018,750
Non-distributable reserves130/1 --828828828828----------
Legal reserve130 ------828---------
Reserves not available under the articles1311 --828828828828----------
Tax-exempt reserves132 18,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,750
Distributable reserves133 141,828141,828116,000106,00098,00061,00051,00041,00041,000-------
Profit (loss) carried forward14 23,88729,05026,71025,27123,84823,17914,738-9874,1932,8205,87415,26440,81947,15936,60132,110
Investment grants15 -------32,20032,20019,200------
Provisions and deferred taxes16 -------10,73310,7336,400------
Deferred taxes168 -------10,73310,7336,400------
Amounts payable17/49 28,25742,92491,167167,268405,246469,849503,367446,562521,272425,977440,250368,469240,89764,11649,10766,680
Amounts payable after more than one year17 --9,54451,400110,603168,606226,658218,912120,817140,181164,014121,53014,46518,71422,76326,307
Financial debts170/4 --9,54451,400110,603168,606226,658218,912120,817140,181164,014121,53014,46518,71422,76326,307
Amounts payable within one year42/48 28,25742,92481,624115,869294,643301,243276,710227,649400,455285,797276,236246,939226,43245,40226,34540,373
Current portion of amounts payable after more than one year42 -9,59343,90759,95060,10460,13556,46142,38820,03724,75925,0534,4583,5274,0493,5453,693
Trade debts44 7,7925,0134,0606,1493,86824,87012,8527,01765,1768,25818,0372,1941,49011,0681,75915,734
Suppliers440/4 7,7925,0134,0606,1493,86824,87012,8527,01765,1768,25818,0372,1941,49011,0681,75915,734
Taxes, remuneration and social security45 15,98622,2766,79628,48423,34316,1028,7675,56611,6022,7562,2345,8755,2973,85013,79717,044
Taxes450/3 15,98614,9586,79628,48423,34316,1028,7675,56611,6022,7562,2345,8755,2973,85013,79717,044
Remuneration and social security454/9 -7,318--------------
Other amounts payable47/48 4,4796,04226,86121,286207,328200,137198,628172,679303,640250,025230,912234,412216,11826,4357,2443,902
Income statement
Turnover70 ---------97,27526,70046,08547,55988,74696,967-
Non-recurring operating income76A ------------750---
Gross operating margin9900 44,41299,69595,91299,681133,998108,715127,62863,093102,16364,94226,411-1,02111,07235,49813,03974,667
Goods, raw materials, services and sundry goods60/61 ---------36,17137,04947,10636,48753,24883,928-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 41,40954,96673,99375,26376,07175,59971,28460,93955,18238,10930,91421,82413,2688,5895,0474,400
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 ------11,067---------
Other operating charges640/8 1,5031,4441,7365,0108336418495385357335856856975251,6775,569
Operating profit (loss)9901 1,50043,28520,18419,40857,09432,47644,4281,61646,44626,101-5,088-23,530-2,89326,3846,31464,699
Financial income75/76B 5410111-0-252--4,80319411519018435156
Recurring financial income75 5410111-0-252--4,80319411519018435156
Financial charges65/66B 2,8173,1922,0782,2755,5196,5707,3596,7963,1743,5574,5531,9824,3551,0922,13395
Recurring financial charges65 2,8173,1922,0782,2755,5196,5707,3596,7963,1743,5574,5531,9824,3551,0922,13395
Profit (loss) for the period before taxes9903 -1,26340,10318,21717,13351,57525,90637,320-5,18043,27227,347-9,447-25,396-6,30825,4764,53264,659
Income taxes67/77 3,90112,7626,7787,71013,9067,4658,767-5,5661-57159334,9184113,799
Profit (loss) for the period9904 -5,16427,34111,4399,42337,66918,44028,553-5,18038,87220,946-9,390-25,555-6,34020,5584,49150,860
Transfer from tax-exempt reserves789 --------3,500-------
Transfer to tax-exempt reserves689 ---------24,000-----18,750
Profit (loss) for the period to be appropriated9905 -5,16427,34111,4399,42337,66918,44028,553-5,18042,372-3,054-9,390-25,555-6,34020,5584,49132,110
Appropriation of the result
Profit (loss) to be appropriated9906 23,88754,05036,71033,27160,84833,17927,566-98745,1932,8205,87415,26440,81957,15936,60132,110
Profit (loss) brought forward from the previous period14P 29,05026,71025,27123,84823,179-----------
Transfer to equity691/2 -25,00010,0008,00037,00010,00010,828-41,000-------
To the legal reserve6920 ------828---------
To other reserves6921 -25,00010,0008,00037,00010,00010,000-41,000-------
Profit to be distributed694/7 ------2,000------10,000--
Directors or managers695 ------2,000------10,000--
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 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.

Source: Annual accounts 2025 at the NBB, filed on 25-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00423109.

Financial year Type Filed Reference Document
31-12-2025 micro format 25-08-2026 2026-00423109 PDF
31-12-2024 micro format 29-09-2025 2025-00525668 PDF
31-12-2023 micro format 21-08-2024 2024-00395987 PDF
31-12-2022 micro format 25-09-2023 2023-00452675 PDF
31-12-2021 micro format 31-10-2022 2022-20481849 PDF
31-12-2020 micro format 26-07-2021 2021-42800053 PDF
31-12-2019 micro format 12-10-2020 2020-61400386 PDF
31-12-2018 micro format 11-09-2019 2019-64500005 PDF
31-12-2017 micro format 07-08-2018 2018-44600096 PDF
31-12-2016 micro format 21-08-2017 2017-45900404 PDF
31-12-2015 full format 26-09-2016 2016-61400221 PDF
31-12-2014 full format 28-08-2015 2015-52300043 PDF
31-12-2013 full format 28-08-2014 2014-53000175 PDF
31-12-2012 full format 26-07-2013 2013-35200289 PDF
31-12-2011 full format 03-12-2013 2013-67900559 PDF
31-12-2010 full format 01-08-2011 2011-37200016 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
EBITDA 42,90998,25194,17794,671133,165108,074115,71262,555101,62764,20925,826-1,70610,37534,97311,36269,099
Cash flow 36,24582,30685,43284,686113,74094,03999,83755,75994,05459,05521,525-3,7316,92729,1479,53855,260
Investment in fixed assets 2,8029,14046,0397,51711,07219,92180,76569,304203,89670,02190,907204,51853,14662,58215,39143,193
Change in cash -4,14323,34216,656-126,5885,81820,299100,310-22,78018,8777,179-5,569-155,116137,615-27,534-13,387-
Working capital 50,79217,349-46,273-43,809-78,511-123,177-139,243-121,128-205,678-217,307-184,107-157,209-56,025-12,30735,17844,574
EBIT margin ---------26.8%-19.1%-51.1%-6.1%29.7%6.5%-
Solvency 87.1%82.0%64.9%48.4%26.7%19.0%15.4%17.5%16.1%9.8%6.5%9.8%21.4%52.9%55.6%46.1%
Current ratio 2.801.400.430.620.730.590.500.470.490.240.330.360.750.732.342.10
Debt to equity 0.150.220.541.072.754.275.504.605.099.0714.289.163.660.890.801.17
ROE -2.7%14.0%6.8%6.0%25.5%16.8%31.2%-5.3%38.0%44.6%-30.5%-63.5%-9.6%28.5%7.3%89.1%
ROA -2.4%11.5%4.4%2.9%6.8%3.2%4.8%-0.9%6.1%4.4%-2.0%-6.3%-2.1%15.1%4.1%41.1%
Interest coverage 15.2330.7845.3241.6124.13-----------
Customer credit ---------194 days118 days367 days-1 day5 days-
Supplier credit ---------83 days178 days17 days15 days76 days8 days-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,802€9,140€46,039€7,517€11,072
Depreciation and write-downs of the year€41,409€54,966€73,993€75,263€76,071

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on THY CONSEILS

The operating result for 2025 is 97% lower than in 2024 and the lowest since 2015.

Debt's share of the balance-sheet total falls from 18.0% to 12.9%. Equity and debt are lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

We would like to set cookies. That happens only with your consent. What we measure