THYBAU (0809.871.608): financials and annual accounts

Annual accounts 2025

micro format, filed on 05-01-2026, 26 days before the deadline

€175,068

▼ 14.2%

-€12,023

▼ €22,655

€54,105

▼ 27.9%

€43,762

▼ 1.6%

35.1%

▲ 0.4 percentage points

0.95

▼ 0.14

Money flows

of every €100 of turnover, €12.78 was lost in 2025

Balance sheet

balance sheet total €413,985 on 30-06-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

35.1%

Higher than 37% of 35,119 companies in 2025.

0.95

Higher than 19% of 34,493 companies in 2025.

-5.4%

Higher than 15% of 34,694 companies in 2025.

THYBAU Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

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

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Balance sheet: assets
`20/58`	413,985	486,870	646,197	249,605	328,230	369,398	365,324	387,861	407,980	227,034	126,862	120,444	196,446	275,824	255,183	260,624
`20`	-	-	-	-	-	-	-	-	-	-	-	-	204	554	903	1,253
`21/28`	349,037	416,263	500,352	176,221	218,903	238,658	235,707	249,327	295,066	160,203	66,447	77,875	165,813	205,212	192,843	204,732
`21`	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
`22/27`	348,827	416,128	500,057	175,926	218,608	238,363	235,412	249,032	294,931	160,068	66,447	77,875	165,609	204,658	191,939	203,479
`23`	52,921	65,071	115,695	121,609	15,747	44,450	24,585	21,291	50,277	27,801	33,902	35,503	40,447	51,118	57,412	60,892
`24`	295,906	351,057	384,362	54,317	202,861	193,913	210,827	227,741	244,654	132,267	32,545	42,372	56,554	72,644	41,343	37,114
`28`	210	135	295	295	295	295	295	295	135	135	-	-	-	-	-	-
`29/58`	64,948	70,607	145,845	73,384	109,327	130,740	129,617	138,534	112,914	66,831	60,415	42,569	30,633	70,613	62,341	55,892
`290`	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
`291`	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
`3`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,313	12,414	17,044
`30/36`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,044
`37`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,313	12,414	-
`40/41`	54,444	48,655	129,166	57,180	56,083	69,589	69,911	78,557	39,817	43,416	30,417	21,419	21,916	36,262	12,597	16,640
`40`	49,178	43,389	54,867	57,180	51,998	62,859	68,183	78,060	39,817	38,552	21,117	18,191	21,143	32,952	11,957	13,732
`41`	5,266	5,266	74,299	-	4,085	6,730	1,728	497	-	4,864	9,300	3,228	773	3,309	641	2,908
`54/58`	10,504	21,952	16,679	16,204	53,244	61,151	59,706	59,977	73,097	23,415	29,998	21,150	8,717	27,682	35,666	20,699
`490/1`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,356	1,664	1,509
Balance sheet: equity and liabilities
`10/49`	413,985	486,870	646,197	249,605	328,230	369,398	365,324	387,861	407,980	227,034	126,862	120,444	196,446	275,824	255,183	260,624
`10/15`	145,488	169,000	195,750	175,185	171,732	143,317	120,306	117,146	107,050	85,682	78,782	64,029	50,129	76,041	73,198	54,173
`10/11`	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000
`100`	-	-	-	-	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000
`13`	5,000	5,000	5,000	5,000	5,000	5,000	5,000	5,000	4,280	1,990	1,528	323	226	226	226	209
`130/1`	-	-	-	-	5,000	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	5,000	5,000	5,000	5,000	4,280	1,990	1,528	323	226	226	226	209
`133`	5,000	5,000	5,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-
`14`	89,342	111,708	131,640	111,075	109,898	79,849	55,203	50,409	37,633	26,614	17,847	1,852	-19,161	3,040	4,287	3,964
`15`	1,146	2,292	9,110	9,110	6,834	8,468	10,103	11,737	15,137	7,078	9,406	11,854	19,065	22,775	18,685	-
`16`	382	763	-	-	2,276	2,820	3,364	3,908	5,040	2,357	3,132	3,947	-	-	-	-
`168`	382	763	-	-	2,276	2,820	3,364	3,908	5,040	2,357	3,132	3,947	-	-	-	-
`17/49`	268,115	317,107	450,447	74,420	154,222	223,261	241,654	266,807	295,890	138,995	44,948	52,467	146,316	199,784	181,985	206,452
`17`	199,881	252,300	378,915	13,895	55,999	95,934	140,648	161,787	204,730	92,439	9,680	14,803	87,297	128,112	128,667	152,485
`170/4`	199,881	252,300	378,915	13,895	55,999	95,934	140,648	161,787	204,730	92,439	9,680	14,803	37,297	78,112	78,667	102,485
`178/9`	-	-	-	-	-	-	-	-	-	-	-	-	50,000	50,000	50,000	50,000
`42/48`	68,234	64,807	71,532	60,525	98,223	127,327	101,006	105,020	91,160	46,556	35,268	37,664	57,769	70,422	52,069	52,717
`42`	52,419	53,745	59,229	42,104	59,689	56,601	31,753	42,943	44,753	21,397	13,646	23,355	40,814	45,304	40,181	37,114
`44`	1,908	-	6,847	5,695	6,922	20,925	18,716	8,357	1,036	14,208	12,020	11,898	12,121	19,453	9,737	8,066
`440/4`	1,908	-	6,847	5,695	6,922	20,925	18,716	8,357	1,036	14,208	12,020	11,898	12,121	19,453	9,737	8,066
`45`	12,720	9,920	4,300	4,266	17,389	16,987	25,993	10,539	12,115	8,347	3,778	1,455	1,379	3,139	2,000	5,704
`450/3`	12,416	9,920	4,300	4,266	13,940	15,100	22,822	7,583	12,115	6,219	3,778	1,455	1,379	1,139	-	704
`454/9`	304	-	-	-	3,449	1,887	3,171	2,956	-	2,128	-	-	-	2,000	2,000	5,000
`47/48`	1,187	1,142	1,156	8,460	14,223	32,814	24,544	43,181	33,256	2,604	5,824	957	3,454	2,525	150	1,834
`492/3`	-	-	-	-	-	-	-	-	-	-	-	-	1,250	1,250	1,250	1,250
Income statement
`70`	175,068	204,114	233,272	327,593	355,536	379,169	361,613	286,597	244,893	219,421	198,501	275,606	-	-	-	-
`76A`	-	-	-	7,086	9,281	8,320	-	-	-	-	-	-	-	-	-	-
`9900`	56,883	75,809	80,025	107,693	148,674	160,418	141,276	118,213	91,297	36,767	42,843	48,293	25,258	47,711	40,697	70,139
`60/61`	118,185	128,305	153,247	226,986	216,143	227,071	220,337	168,383	153,596	182,654	155,658	227,313	-	-	-	-
`62`	1,178	-	-1,098	54,196	59,262	47,625	47,920	15,882	-	-	-	-	240	-	-	-
`630`	66,128	64,395	41,369	47,430	49,559	45,757	39,921	48,141	44,812	27,608	20,128	25,584	43,007	43,704	37,626	45,983
`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,905
`640/8`	1,600	782	2,650	3,020	905	2,227	553	1,225	725	550	550	549	505	466	285	174
`66A`	-	-	-	-	-	-	8,000	-	-	22	-	-	-	-	-	-
`9901`	-12,023	10,632	37,104	3,047	38,948	64,809	44,882	52,965	45,760	8,609	22,165	22,160	-18,495	3,541	2,786	16,077
`75/76B`	1,270	1,955	18	-	2,961	2,123	1,644	6,465	3,892	2,333	2,451	2,464	3,754	3,752	6,455	55
`75`	1,146	1,146	18	-	1,635	1,634	1,644	3,400	3,892	2,333	2,451	2,464	3,754	3,752	6,455	55
`76B`	124	809	-	-	1,326	489	-	3,065	-	-	-	-	-	-	-	-
`65/66B`	11,994	32,901	16,810	1,480	5,546	3,186	3,633	4,274	4,980	2,460	1,308	2,241	7,455	8,540	8,901	11,630
`65`	10,821	13,901	5,810	1,480	2,479	3,186	3,633	4,274	4,980	2,460	1,308	2,241	7,455	8,540	8,901	11,630
`66B`	1,173	19,000	11,000	-	3,067	-	-	-	-	-	-	-	-	-	-	-
`9903`	-22,747	-20,314	20,312	1,567	36,363	63,746	42,893	55,156	44,672	8,460	23,308	22,383	-22,195	-1,247	340	4,501
`780`	381	382	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	-	-	-253	390	6,858	6,644	8,643	2,792	2,496	5	23	2,088	6	-	-	328
`9904`	-22,366	-19,932	20,565	1,177	30,049	57,646	34,794	53,496	43,309	9,230	24,100	21,110	-22,201	-1,247	340	4,173
`9905`	-22,366	-19,932	20,565	1,177	30,049	57,646	34,794	53,496	43,309	9,230	24,100	21,110	-22,201	-1,247	340	4,173
Appropriation of the result
`9906`	89,342	111,708	131,640	111,075	109,898	112,849	85,203	91,129	69,923	27,076	25,952	1,949	-19,161	3,040	4,304	4,173
`14P`	111,708	131,640	111,075	109,898	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	720	2,290	462	1,205	97	-	-	17	209
`6920`	-	-	-	-	-	-	-	720	2,290	462	1,205	97	-	-	17	209
`694/7`	-	-	-	-	-	33,000	30,000	40,000	30,000	-	6,900	-	-	-	-	-
`694`	-	-	-	-	-	10,000	30,000	-	-	-	-	-	-	-	-	-
`695`	-	-	-	-	-	23,000	-	40,000	30,000	-	6,900	-	-	-	-	-
Social balance sheet
`9087`	-	-	-	0.9	1.2	1	1	-	-	-	-	-	-	-	-	-
Hours worked`1013`	-	-	-	1,320	2,000	1,648	1,760	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 05-01-2026.

Download as CSV

Filings

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

Financial year	Type	Filed	Reference	Document
30-06-2025	micro format	05-01-2026	2026-00001007	PDF
30-06-2024	micro format	03-01-2025	2025-00629259	PDF
30-06-2023	micro format	02-01-2024	2024-00542600	PDF
30-06-2022	micro format	06-12-2022	2022-20532126	PDF
30-06-2021	micro format	14-12-2021	2021-80000553	PDF
30-06-2020	micro format	29-01-2021	2021-02400223	PDF
30-06-2019	micro format	29-01-2020	2020-02500129	PDF
30-06-2018	micro format	20-12-2018	2018-74900204	PDF
30-06-2017	full format	22-12-2017	2017-72600397	PDF
30-06-2016	full format	03-01-2017	2017-00100122	PDF
30-06-2015	full format	22-12-2015	2015-69600291	PDF
30-06-2014	full format	25-11-2014	2014-67400554	PDF
30-06-2013	full format	30-12-2013	2013-70200549	PDF
30-06-2012	full format	08-01-2013	2013-00400003	PDF
30-06-2011	full format	30-12-2011	2011-65600088	PDF
30-06-2010	full format	04-01-2011	2011-00100109	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
54,105	75,027	78,473	50,477	88,507	110,566	84,803	101,106	90,572	36,217	42,293	47,744	24,512	47,245	40,412	62,059
43,762	44,463	61,934	48,607	79,608	103,403	74,715	101,637	88,121	36,838	44,229	46,694	20,806	42,456	37,966	50,155
210	21,550	386,500	4,748	29,804	48,708	54,301	2,402	179,675	121,364	8,700	6,255	3,607	56,073	25,737	248,966
-11,448	5,273	475	-37,040	-7,907	1,445	-271	-13,120	49,682	-6,583	8,848	12,433	-18,965	-7,983	14,967	-
-3,286	5,800	74,313	12,859	11,104	3,413	28,611	33,514	21,754	20,275	25,147	4,904	-27,136	191	10,272	3,176
-6.9%	5.2%	15.9%	0.9%	11.0%	17.1%	12.4%	18.5%	18.7%	3.9%	11.2%	8.0%	-	-	-	-
35.1%	34.7%	30.3%	70.2%	52.3%	38.8%	32.9%	30.2%	26.2%	37.7%	62.1%	53.2%	25.5%	27.6%	28.7%	20.8%
0.95	1.09	2.04	1.21	1.11	1.03	1.28	1.32	1.24	1.44	1.71	1.13	0.53	1.00	1.20	1.06
0.95	1.09	2.04	1.21	1.11	1.03	1.28	1.32	1.24	1.44	1.71	1.13	0.53	0.93	0.96	0.74
1.84	1.88	2.30	0.42	0.90	1.56	2.01	2.28	2.76	1.62	0.57	0.82	2.92	2.63	2.49	3.81
-15.4%	-11.8%	10.5%	0.7%	17.5%	40.2%	28.9%	45.7%	40.5%	10.8%	30.6%	33.0%	-44.3%	-1.6%	0.5%	7.7%
-5.4%	-4.1%	3.2%	0.5%	9.2%	15.6%	9.5%	13.8%	10.6%	4.1%	19.0%	17.5%	-11.3%	-0.5%	0.1%	1.6%
5.00	5.40	13.51	34.11	-	-	-	-	-	-	-	-	-	-	-	-
103 days	78 days	86 days	64 days	53 days	61 days	69 days	99 days	59 days	64 days	39 days	24 days	-	-	-	-
6 days	-	16 days	9 days	12 days	34 days	31 days	18 days	2 days	28 days	28 days	19 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.

Social balance sheet

Item	30-06-2022
	0.9
Joined	0
Left	2

Source: social balance sheet in the 2022 annual accounts

Overdue debts

tax and social security

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Overdue tax debts	-	-	-	€4,266

Source: notes to the 2022 to 2025 annual accounts (statement of debts)

Investments

fixed assets acquired

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	-	€21,550	€386,500	€4,748
Financial fixed assets	€210	-	-	-
	€66,128	€64,395	€41,369	€47,430

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on THYBAU

The operating result for 2025 is a loss of €12,023, after a profit of €10,632 in 2024. It is the lowest result since 2013.

Debt's share of the balance-sheet total falls from 65.1% to 64.8%. Equity and debt are lower.

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency35.1%

Current ratio0.95

Return on assets-5.4%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Overdue debts

Investments

Insights on THYBAU

Next steps

in euro

in euro

35.1%

0.95

-5.4%