THYRA
ActiveSummary
THYRA has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €617k and a net result of €178k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-11
Solvency70▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.08 in 2024; short-term debt: 54.7% and cash: 13.2% of total assets), and 54.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.3%
Return on assets
13%
Age of the figures
18 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €617k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-10-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
13 d early
2023
6 d early
2022
4 d late
2021
2 d late
2020
13 d late
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€617k▲ 40.3%
2024 · €440k
2019: €378k
2020: €164k▼ -56.7% vs 2019
2021: €110k▼ -33.0% vs 2020
2022: €50k▼ -54.6% vs 2021lowest in 7 years
2023: €188k▲ +277% vs 2022
2024: €440k▲ +134% vs 2023
2025: €617k▲ +40.3% vs 2024highest in 7 years
2019 → 2025
Total assets
€1.36M▲ 16.6%
2024 · €1.17M
2019: €672k
2020: €735k▲ +9.4% vs 2019
2021: €649k▼ -11.6% vs 2020lowest in 7 years
2022: €861k▲ +32.6% vs 2021
2023: €988k▲ +14.8% vs 2022
2024: €1.17M▲ +18.2% vs 2023
2025: €1.36M▲ +16.6% vs 2024highest in 7 years
2019 → 2025
Net result
€178k▼ 29.8%
2024 · €253k
2019: €-24k
2020: €57k▲ +337% vs 2019
2021: €-53k▼ -193% vs 2020
2022: €-59k▼ -11.7% vs 2021lowest in 7 years
2023: €139k▲ +336% vs 2022
2024: €253k▲ +82.3% vs 2023highest in 7 years
2025: €178k▼ -29.8% vs 2024
2019 → 2025
Working capital
€100k▲ 70.2%
2024 · €59k
2019: €82k
2020: €-172k▼ -310% vs 2019
2021: €-232k▼ -34.6% vs 2020
2022: €-268k▼ -15.3% vs 2021lowest in 7 years
2023: €-163k▲ +39.1% vs 2022
2024: €59k▲ +136% vs 2023
2025: €100k▲ +70.2% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€50k▼ 54.6%€188k▲ 277%€440k▲ 134%€617k▲ 40.3%
2021: €110k
2022: €50k▼ -54.6% vs 2021lowest in 5 years
2023: €188k▲ +277% vs 2022
2024: €440k▲ +134% vs 2023
2025: €617k▲ +40.3% vs 2024highest in 5 years
Operating result€-53k-€-59k▼ 11.8%€145k€366k▲ 152%€231k▼ 36.9%
2021: €-53k
2022: €-59k▼ -11.8% vs 2021lowest in 5 years
2023: €145k▲ +345% vs 2022
2024: €366k▲ +152% vs 2023highest in 5 years
2025: €231k▼ -36.9% vs 2024
Net result€-53k-€-59k▼ 11.7%€139k€253k▲ 82.3%€178k▼ 29.8%
2021: €-53k
2022: €-59k▼ -11.7% vs 2021lowest in 5 years
2023: €139k▲ +336% vs 2022
2024: €253k▲ +82.3% vs 2023highest in 5 years
2025: €178k▼ -29.8% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.36M
Fixed assets
€517k ▲ 35.7%
Current assets
€845k ▲ 7.4%
Equity and liabilities €1.36M
Equity
€617k ▲ 40.3%
Provisions
€386 ▼ 4.1%
Debt
€745k ▲ 2.3%
Debt's share of the balance-sheet total falls from 62.3% to 54.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€306k▼
2024 · €419k
Cash flow
€252k▼
2024 · €306k
Current ratio
1.13▲
2024 · 1.08
Quick ratio
0.39▲
2024 · 0.32
Debt to equity
1.21▼
2024 · 1.66
ROE
28.8%▼
2024 · 57.6%
ROA
13.0%▼
2024 · 21.7%
Interest coverage
3199.03▼
2024 · 5173.51
Debt ≤ 1 year
€745k▲
2024 · €728k
Income taxes
€55k▼
2024 · €114k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.17M€1.36M▲
Fixed assets21/28€381k€517k▲
Tangible fixed assets22/27€381k€517k▲
Land and buildings22€342k€296k▼
Plant, machinery and equipment23€37k€220k▲
Furniture and vehicles24€2k€1k▼
Current assets29/58€787k€845k▲
Stocks and contracts in progress3€556k€555k▼
Stocks30/36€556k€555k▼
Amounts receivable within one year40/41€60k€106k▲
Trade receivables40€54k€26k▼
Other amounts receivable41€6k€80k▲
Current investments50/53€372€372=
Cash at bank and in hand54/58€166k€180k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.17M€1.36M▲
Equity10/15€440k€617k▲
Contributions10/11€25k€25k=
Reserves13€407k€585k▲
Distributable reserves133€407k€585k▲
Investment grants15€8k€7k▼
Provisions and deferred taxes16€402€386▼
Deferred taxes168€402€386▼
Amounts payable17/49€728k€745k▲
Amounts payable within one year42/48€728k€745k▲
Trade debts44€35k€55k▲
Suppliers440/4€35k€55k▲
Taxes, remuneration and social security45€15k€10k▼
Taxes450/3€15k€531▼
Remuneration and social security454/9€0€10k▲
Other amounts payable47/48€678k€679k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€75k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€425k€312k▼
Operating profit (loss)9901€366k€231k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€81€96▲
Recurring financial charges65€81€96▲
Profit (loss) for the period before taxes9903€367k€232k▼
Transfer from deferred taxes780€57€66▲
Income taxes67/77€114k€55k▼
Profit (loss) for the period9904€253k€178k▼
Profit (loss) for the period to be appropriated9905€253k€178k▼
Appropriation of the result
Profit (loss) to be appropriated9906€253k€178k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€253k€178k▼
To other reserves6921€253k€178k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45k | €34k | €40k | €53k | €75k | ▲ 41.0% |
| Other operating charges640/8 | - | €6k | €5k | €6k | €6k | ▲ 4.2% |
| Gross operating margin9900 | €-3k | €-19k | €190k | €425k | €312k | ▼ 26.7% |
| Operating profit (loss)9901 | €-53k | €-59k | €145k | €366k | €231k | ▼ 36.9% |
| Financial income75/76B | - | €3k | €1k | €1k | €1k | ▲ 2.1% |
| Recurring financial income75 | €5k | €3k | €1k | €1k | €1k | ▲ 2.1% |
| Financial charges65/66B | - | €2k | €81 | €81 | €96 | ▲ 17.9% |
| Recurring financial charges65 | €4k | €2k | €81 | €81 | €96 | ▲ 17.9% |
| Profit (loss) for the period before taxes9903 | €-52k | €-59k | €146k | €367k | €232k | ▼ 36.8% |
| Transfer from deferred taxes780 | - | €57 | €57 | €57 | €66 | ▲ 16.0% |
| Income taxes67/77 | €336 | €249 | €7k | €114k | €55k | ▼ 52.2% |
| Profit (loss) for the period9904 | €-53k | €-59k | €139k | €253k | €178k | ▼ 29.8% |
| Profit (loss) for the period to be appropriated9905 | €-53k | €-59k | €139k | €253k | €178k | ▼ 29.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €649k | €861k | €988k | €1.17M | €1.36M | ▲ 16.6% |
| Fixed assets21/28 | €342k | €318k | €351k | €381k | €517k | ▲ 35.7% |
| Tangible fixed assets22/27 | €342k | €318k | €351k | €381k | €517k | ▲ 35.7% |
| Land and buildings22 | - | €305k | €331k | €342k | €296k | ▼ 13.6% |
| Plant, machinery and equipment23 | - | €13k | €17k | €37k | €220k | ▲ 496% |
| Furniture and vehicles24 | - | - | €3k | €2k | €1k | ▼ 39.8% |
| Current assets29/58 | €307k | €543k | €637k | €787k | €845k | ▲ 7.4% |
| Stocks and contracts in progress3 | €233k | €472k | €500k | €556k | €555k | ▼ 0.3% |
| Stocks30/36 | - | €472k | €500k | €556k | €555k | ▼ 0.3% |
| Amounts receivable within one year40/41 | €32k | €54k | €119k | €60k | €106k | ▲ 75.0% |
| Trade receivables40 | - | €54k | €72k | €54k | €26k | ▼ 52.7% |
| Other amounts receivable41 | - | €620 | €46k | €6k | €80k | ▲ 1,183% |
| Current investments50/53 | €372 | €372 | €372 | €372 | €372 | = |
| Cash at bank and in hand54/58 | €39k | €14k | €15k | €166k | €180k | ▲ 8.4% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €4k | €4k | ▲ 14.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €649k | €861k | €988k | €1.17M | €1.36M | ▲ 16.6% |
| Equity10/15 | €110k | €50k | €188k | €440k | €617k | ▲ 40.3% |
| Contributions10/11 | - | €25k | €25k | €25k | €25k | = |
| Reserves13 | €127k | €127k | €154k | €407k | €585k | ▲ 43.6% |
| Distributable reserves133 | - | €127k | €154k | €407k | €585k | ▲ 43.6% |
| Profit (loss) carried forward14 | €-53k | €-111k | - | - | - | - |
| Investment grants15 | - | €10k | €9k | €8k | €7k | ▼ 4.1% |
| Provisions and deferred taxes16 | €572 | €515 | €459 | €402 | €386 | ▼ 4.1% |
| Deferred taxes168 | - | €515 | €459 | €402 | €386 | ▼ 4.1% |
| Amounts payable17/49 | €539k | €811k | €800k | €728k | €745k | ▲ 2.3% |
| Amounts payable within one year42/48 | €539k | €811k | €800k | €728k | €745k | ▲ 2.3% |
| Trade debts44 | €13k | €137k | €117k | €35k | €55k | ▲ 58.1% |
| Suppliers440/4 | - | €137k | €117k | €35k | €55k | ▲ 58.1% |
| Taxes, remuneration and social security45 | - | €650 | €2k | €15k | €10k | ▼ 29.1% |
| Taxes450/3 | - | €650 | €482 | €15k | €531 | ▼ 96.4% |
| Remuneration and social security454/9 | - | - | €1k | €0 | €10k | - |
| Other amounts payable47/48 | - | €673k | €681k | €678k | €679k | ▲ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-53k | €-59k | €139k | €253k | €178k | ▼ 29.8% |
| + Depreciation and write-downs630 | €45k | €34k | €40k | €53k | €75k | ▲ 41.0% |
| Operating cash flow (approximation) | €-8k | €-24k | €179k | €306k | €252k | ▼ 17.6% |
| Investment in fixed assets (approximation) | - | €-10k | €-73k | €-83k | €-211k | ▼ 154% |
| Change in cash | - | €-25k | €1k | €151k | €14k | ▼ 90.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
17-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €500kEq €617k ▲40.3%
3 profitable years in a row build equity to €617k.
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €253k ▲82.3%
Operating result €366k, net result €253k, both a record.
31-03
Financial
Equity above €200kEq €440k ▲134%
2 profitable years in a row build equity to €440k.
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €139k
Net result €139k after 2 loss-making years.
31-03
Financial
Equity above €150kEq €188k ▲277%
Equity rises from €50k to €188k.
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
31-03
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
Show earlier events
31-03
Financial
Back to profitnet €57k
Net result €57k after one loss-making year.
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
02-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lille · 1 establishment unit since 1994
Ground area
7,763 m²
Building footprint
2,028 m²
Volume, LiDAR
7,938 m³
Parcel 13009D0669/00B000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
THYRA
since 19942.066.588.760
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13009D0669/00B000 | Flanders | 7,763 m² | 1 · 2,028 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 17,964 EUR awarded · 17,964 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 16,324 EUR | 16,324 EUR |
| 2023 | 1 | 881 EUR | 881 EUR |
| 2022 | 1 | 759 EUR | 759 EUR |
Schemes
Investeringssteun voor land- en tuinbouwers
Brede weersverzekering
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLille
Lille2.066.588.760
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Of 902 companies in sector 01461 we hold annual accounts for 295. 245 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-04-1994
Fiscal year end31-03
Activities, NACEBEL 2025
01461Pig breeding farms
01410Raising of dairy cattle
Scores and ratios are computed by Checked and are not a credit decision.