THYS ERIK
ActiveTHYS ERIK has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115k and a net result of €123k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 17% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+16
Solvency41▲+11
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.03 in 2024; short-term debt: 58.6% and cash: 5.3% of total assets), and 84.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
15.7%
Return on assets
16.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7760 sector peers (2025).
NBB · sector comparisonPosition among 7760 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
31 d late
2023
29 d late
2022
29 d late
2021
27 d late
2020
30 d late
2019
118 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€115k▲ 2.4%
2024 · €112k
2018: €1.13M
2019: €1.24M
2020: €1.33M
2021: €1.38M
2022: €1.48M
2023: €1.56M
2024: €112k
2018 → 2025
Total assets
€734k▼ 66.8%
2024 · €2.21M
2018: €1.27M
2019: €1.37M
2020: €1.50M
2021: €1.58M
2022: €1.67M
2023: €1.77M
2024: €2.21M
2018 → 2025
Net result
€123k▲ 31.4%
2024 · €93k
2018: €101k
2019: €113k
2020: €88k
2021: €50k
2022: €104k
2023: €83k
2024: €93k
2018 → 2025
Working capital
€203k▲ 233%
2024 · €61k
2018: €1.11M
2019: €1.22M
2020: €1.30M
2021: €1.35M
2022: €1.43M
2023: €1.51M
2024: €61k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.38M-€1.48M▲ 7.5%€1.56M▲ 5.6%€112k▼ 92.8%€115k▲ 2.4%
Operating result€9k-€88k▲ 856%€66k▼ 25.2%€71k▲ 8.7%€63k▼ 12.0%
Net result€50k-€104k▲ 106%€83k▼ 19.9%€93k▲ 12.4%€123k▲ 31.4%
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 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €734k
Fixed assets
€101k▲ 13.5%
Current assets
€633k▼ 70.2%
Equity and liabilities €734k
Equity
€115k▲ 2.4%
Debt
€619k▼ 70.5%
The debt ratio falls from 94.9% to 84.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€97k▼
2024 · €101k
Cash flow
€157k▲
2024 · €123k
Solvency
15.7%▲
2024 · 5.1%
Current ratio
1.47▲
2024 · 1.03
Quick ratio
1.42▲
2024 · 0.95
Debt / equity
5.39▼
2024 · 18.72
ROE
106.8%▲
2024 · 83.2%
ROA
16.7%▲
2024 · 4.2%
Interest coverage
20.42▼
2024 · 43.45
Debt
€619k▼
2024 · €2.10M
Debt ≤ 1 year
€430k▼
2024 · €2.06M
Debt > 1 year
€185k▲
2024 · €34k
Income taxes
€44k▲
2024 · €32k
Staff costs
€508k▲
2024 · €444k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.21M€734k▼
Fixed assets21/28€89k€101k▲
Tangible fixed assets22/27€85k€97k▲
Plant, machinery and equipment23€4k€9k▲
Furniture and vehicles24€80k€87k▲
Other tangible fixed assets26€2k€637▼
Financial fixed assets28€4k€4k=
Current assets29/58€2.12M€633k▼
Stocks and contracts in progress3€158k€20k▼
Stocks30/36€158k€20k▼
Amounts receivable within one year40/41€1.47M€552k▼
Trade receivables40€553k€516k▼
Other amounts receivable41€915k€36k▼
Current investments50/53€296k€20k▼
Cash at bank and in hand54/58€200k€39k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€2.21M€734k▼
Equity10/15€112k€115k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€94k€96k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€92k€94k▲
Amounts payable17/49€2.10M€619k▼
Amounts payable after more than one year17€34k€185k▲
Financial debts170/4€34k€185k▲
Amounts payable within one year42/48€2.06M€430k▼
Current portion of amounts payable after more than one year42€23k€66k▲
Trade debts44€449k€128k▼
Suppliers440/4€449k€128k▼
Taxes, remuneration and social security45€34k€63k▲
Taxes450/3-€27k
Remuneration and social security454/9€34k€36k▲
Other amounts payable47/48€1.56M€173k▼
Accrued charges and deferred income492/3€4k€4k=
Income statement
Code20242025
Remuneration, social security and pensions62€444k€508k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€34k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€548k€608k▲
Operating profit (loss)9901€71k€63k▼
Financial income75/76B€57k€109k▲
Recurring financial income75€56k€109k▲
Non-recurring financial income76B€100-
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€125k€167k▲
Income taxes67/77€32k€44k▲
Profit (loss) for the period9904€93k€123k▲
Profit (loss) for the period to be appropriated9905€93k€123k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€123k▲
Transfer from equity791/2€1.45M-
Transfer to equity691/2-€3k
To other reserves6921-€3k
Profit to be distributed694/7€1.55M€120k▼
Return on contributions (dividend)694€1.55M€120k▼
The notes to these accounts (6 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
31-12
Financial
Highest result since 2018net €123k ▲31.4%
Net result €123k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial
Weakest financial yearnet €50k ▼42.9%
Net result drops to €50k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
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, Putte · 1 establishment unit since 1995
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.
Leuvensebaan 1542580 PutteGround area
2,500 m²
Building footprint
877 m²
Volume, LiDAR
3,647 m³
2 parcels, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THYS ERIK
since 19952.070.289.212
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029D0077/00P000 | Flanders | 1,583 m² | 1 · 776 m² | 9.7 m · 1 fl. |
| 12029D0715/00H000 | Flanders | 917 m² | 1 · 101 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2023 to 2025 · 3 entries · 1,469 EUR awarded · 1,469 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 51 EUR | 51 EUR |
| 2024 | 1 | 1,202 EUR | 1,202 EUR |
| 2023 | 1 | 216 EUR | 216 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,767 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-12-1994
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.