Thys & C°
ActiveSummary
The computed 12-month bankruptcy probability of Thys & C° is 1.8% (moderate). The 2025 annual accounts show equity of €135k and a net result of €24k. Equity is growing by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-1
Solvency100▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 8.45 against 2.85 in 2024; short-term debt: 6.7% and cash: 39.6% of total assets), and 6.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
93.3%
Return on assets
16.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
4 d early
2024
7 d early
2023
9 d early
2022
84 d late
2021
16 d late
2020
8 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€135k▼ 17.1%
2024 · €162k
2020: €39k
2021: €66k
2022: €99k
2023: €123k
2024: €162k
2020 → 2025
Total assets
€144k▼ 39.7%
2024 · €239k
2020: €53k
2021: €76k
2022: €122k
2023: €182k
2024: €239k
2020 → 2025
Net result
€24k▼ 40.1%
2024 · €40k
2020: €36k
2021: €27k
2022: €33k
2023: €50k
2024: €40k
2020 → 2025
Working capital
€72k▼ 31.9%
2024 · €105k
2020: €39k
2021: €56k
2022: €82k
2023: €109k
2024: €105k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€99k▲ 50.3%€123k▲ 23.8%€162k▲ 32.6%€135k▼ 17.1%
Operating result€34k-€46k▲ 35.0%€77k▲ 68.6%€39k▼ 49.0%€30k▼ 23.3%
Net result€27k-€33k▲ 23.1%€50k▲ 52.5%€40k▼ 21.0%€24k▼ 40.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 23% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144k
Fixed assets
€63k ▼ 18.3%
Current assets
€81k ▼ 49.9%
Equity and liabilities €144k
Equity
€135k ▼ 17.1%
Debt
€10k ▼ 87.5%
Debt's share of the balance-sheet total falls from 32.2% to 6.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€50k▼
2024 · €50k
Cash flow
€43k▼
2024 · €50k
Current ratio
8.45▲
2024 · 2.85
Debt to equity
0.07▼
2024 · 0.47
ROE
17.7%▼
2024 · 24.6%
ROA
16.6%▼
2024 · 16.7%
Interest coverage
66.98▼
2024 · 88.22
Debt ≤ 1 year
€10k▼
2024 · €57k
Debt > 1 year
€0▼
2024 · €20k
Income taxes
€6k▲
2024 · €359
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€239k€144k▼
Fixed assets21/28€77k€63k▼
Tangible fixed assets22/27€77k€63k▼
Land and buildings22€214€0▼
Plant, machinery and equipment23€2k€971▼
Furniture and vehicles24€73k€62k▼
Other tangible fixed assets26€2k€144▼
Current assets29/58€162k€81k▼
Amounts receivable after more than one year29€50k€0▼
Other amounts receivable291€50k€0▼
Amounts receivable within one year40/41€42k€22k▼
Trade receivables40€29k€0▼
Other amounts receivable41€12k€22k▲
Cash at bank and in hand54/58€70k€57k▼
Deferred charges and accrued income490/1€875€2k▲
Equity and liabilities
Total equity and liabilities10/49€239k€144k▼
Equity10/15€162k€135k▼
Contributions10/11€3k€3k=
Reserves13€159k€132k▼
Distributable reserves133€159k€132k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€77k€10k▼
Amounts payable after more than one year17€20k€0▼
Financial debts170/4€20k€0▼
Amounts payable within one year42/48€57k€10k▼
Current portion of amounts payable after more than one year42€11k€0▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Advances received on contracts in progress46€21k€0▼
Taxes, remuneration and social security45€10k€0▼
Taxes450/3€9k€0▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€11k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€20k▲
Other operating charges640/8€863€691▼
Gross operating margin9900€51k€50k▼
Operating profit (loss)9901€39k€30k▼
Financial income75/76B€2k€750▼
Recurring financial income75€2k€750▼
Financial charges65/66B€565€742▲
Recurring financial charges65€565€742▲
Profit (loss) for the period before taxes9903€40k€30k▼
Income taxes67/77€359€6k▲
Profit (loss) for the period9904€40k€24k▼
Profit (loss) for the period to be appropriated9905€40k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€24k▼
Transfer from equity791/2€0€40k▲
Transfer to equity691/2€40k€12k▼
To other reserves6921€40k€12k▼
Profit to be distributed694/7€0€52k▲
Return on contributions (dividend)694€0€52k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €24k ▼40.1%
Net result drops to €24k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 8.45
Current ratio from 2.85 to 8.45; short-term debt falls from €57k to €10k.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €162k ▲32.6%
5 profitable years in a row build equity to €162k.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €50k ▲52.5%
Operating result €77k, net result €50k, both a record.
31-12
Financial
Equity above €100kEq €123k ▲23.8%
4 profitable years in a row build equity to €123k.
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 84 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Mol · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stokteloopstraat 22400 MolGround area
643 m²
Building footprint
112 m²
Volume, LiDAR
4 m³
Parcel 13433E2183/00A000, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
1 establishment unit
Thys & C°
since 20202.305.064.151
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13433E2183/00A000 | Flanders | 643 m² | 1 · 112 m² | 0.4 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
OHM SOLUTIONS
BE 0465.251.293
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And&Flor
BE 0754.667.819
Gent · Eq €134,652
SAM CASTELEIN
BE 0742.637.839
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EnergySolutions
BE 0831.054.923
Péruwelz · Eq €134,665
Gebro Service
BE 0778.359.375
Wuustwezel · Eq €134,539
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,692 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
96210Hairdressing and barber services
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.