General partnership · founded 2013 · active for 13 yearsHalveweg 19, 3520 Zonhoven, BelgiumKBO/BCE: BE 0526.833.229
Summary
THYS has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2017 annual accounts show equity of €14,974 and a net result of €10,252. The computed 12-month bankruptcy probability is 0.8% (low).
Agents in the wholesale of timber and building materials
NACE 46130
1 site
Size
€47,235total assets 2017
Equity
€14,974
Profit
€10,252
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
0.8%
2017 figures too old to score
Structure
Accounts 2628 days overdue0 of 2 deeds read
Signalsraises riskFigures for financial year 2017 (filed 13-08-2018)lowers riskLiquidity: current ratio 1.42, cash €44,971Legal form: general partnershipFounded in 2013neutralNo filing for yearsFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2017 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2017
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency57
equity 31.7% of total assets
Liquidity64
short-term debt 68.3% · cash 95.2%
Profitability92
return on assets 21.7%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.8%Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.4% (26,870 companies, NACE 46, micro)
Last 24 months11-2024: 2.2%highest value12-2024: 2.2%● unchanged vs 11-2024highest value01-2025: 1.9%▼ -0.3 percentage points vs 12-202402-2025: 1.9%● unchanged vs 01-202503-2025: 1.9%● unchanged vs 02-202504-2025: 1.9%● unchanged vs 03-202505-2025: 1.9%● unchanged vs 04-202506-2025: 1.9%● unchanged vs 05-202507-2025: 1.9%● unchanged vs 06-202508-2025: 1.9%● unchanged vs 07-202509-2025: 1.9%● unchanged vs 08-202510-2025: 1.9%● unchanged vs 09-202511-2025: 1.9%● unchanged vs 10-202512-2025: 1.9%● unchanged vs 11-202501-2026: 1.9%● unchanged vs 12-202502-2026: 1.9%● unchanged vs 01-202603-2026: 1.9%● unchanged vs 02-202604-2026: 1.9%● unchanged vs 03-202605-2026: 1.9%● unchanged vs 04-202606-2026: 0.8%▼ -1.1 percentage points vs 05-202607-2026: 0.8%● unchanged vs 06-202608-2026: 0.8%● unchanged vs 07-202609-2026: 0.8%● unchanged vs 08-202610-2026: 0.8%● unchanged vs 09-2026lowest value
31-12-2018 year end31-07-2019 deadline10-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 02-08-2018, 2 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.