Thyssen Beheer
ActiveSummary
Thyssen Beheer has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115,883 and a net result of -€9,496. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-12
Solvency100▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.4 against 1.04 in 2024; short-term debt: 10% and cash: 0.9% of total assets), and 25.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% 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
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
on the day
2023
50 d early
2022
3 d late
2021
10 d late
2020
27 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 31 July (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€115,883▼ 7.6%
2024 · €125,379
Total assets
€154,767▼ 13.4%
2024 · €178,652
Net result
-€9,496
2024 · €6,481
Working capital
-€9,264
2024 · €1,561
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,213▼ 82.4%€1,473▼ 65.0%-€3,998€10,812-€6,752
Net result€10,255within the sector's middle half▼ 58.8%€9,338within the sector's middle half▼ 8.9%€3,966within the sector's middle half▼ 57.5%€6,481within the sector's middle half▲ 63.4%-€9,496below the sector's middle half
Equity€105,595within the sector's middle half▲ 10.8%€114,932within the sector's middle half▲ 8.8%€118,898within the sector's middle half▲ 3.5%€125,379within the sector's middle half▲ 5.5%€115,883within the sector's middle half▼ 7.6%
Total assets€315,989within the sector's middle half▼ 7.2%€248,826within the sector's middle half▼ 21.3%€157,802within the sector's middle half▼ 36.6%€178,652within the sector's middle half▲ 13.2%€154,767within the sector's middle half▼ 13.4%
Debt€128,159▼ 21.3%€51,659▼ 59.7%€38,904▼ 24.7%€53,274▲ 36.9%€38,884▼ 27.0%
Working capital€132,421above the sector's middle half▼ 5.6%€75,037within the sector's middle half▼ 43.3%€4,606within the sector's middle half▼ 93.9%€1,561within the sector's middle half▼ 66.1%-€9,264below the sector's middle half
Solvency33.4%within the sector's middle half▲ 5.4pp46.2%within the sector's middle half▲ 12.8pp75.3%above the sector's middle half▲ 29.2pp70.2%within the sector's middle half▼ 5.2pp74.9%within the sector's middle half▲ 4.7pp
Current ratio5.03above the sector's middle half▲ 0.616.20above the sector's middle half▲ 1.171.22within the sector's middle half▼ 4.981.04within the sector's middle half▼ 0.190.40below the sector's middle half▼ 0.64
Return on assets (ROA)3.2%within the sector's middle half▼ 4.1pp3.8%within the sector's middle half▲ 0.5pp2.5%within the sector's middle half▼ 1.2pp3.6%within the sector's middle half▲ 1.1pp-6.1%below the sector's middle half▼ 9.8pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6,752 after €10,812 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154,767
Fixed assets
€148,590 ▲ 9.8%
Current assets
€6,176 ▼ 85.7%
Equity and liabilities €154,767
Equity
€115,883 ▼ 7.6%
Debt
€38,884 ▼ 27.0%
Debt's share of the balance-sheet total falls from 29.8% to 25.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€29,658▼
2024 · €38,350
Cash flow
€26,915▼
2024 · €34,018
Debt to equity
0.34▼
2024 · 0.42
ROE
-8.2%▼
2024 · 5.2%
Interest coverage
17.73▼
2024 · 28.36
Debt ≤ 1 year
€15,440▼
2024 · €41,772
Debt > 1 year
€23,444▲
2024 · €11,502
Income taxes
€1,077▼
2024 · €2,979
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6,000 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,956 | €25,581 | €26,654 | €27,538 | €36,411 | ▲ 32.2% |
| Other operating charges640/8 | €4,014 | €4,430 | €6,641 | €7,439 | €10,273 | ▲ 38.1% |
| Non-recurring operating charges66A | - | - | €2,500 | €0 | - | - |
| Gross operating margin9900 | €29,183 | €31,484 | €31,797 | €45,789 | €39,931 | ▼ 12.8% |
| Operating profit (loss)9901 | €4,213 | €1,473 | -€3,998 | €10,812 | -€6,752 | ▼ 162% |
| Financial income75/76B | €13,813 | €14,888 | €12,827 | €0 | €6 | - |
| Recurring financial income75 | €13,813 | €14,888 | €12,827 | €0 | €6 | - |
| Financial charges65/66B | €3,185 | €2,517 | €1,572 | €1,352 | €1,673 | ▲ 23.7% |
| Recurring financial charges65 | €3,185 | €2,517 | €1,572 | €1,352 | €1,673 | ▲ 23.7% |
| Profit (loss) for the period before taxes9903 | €14,841 | €13,844 | €7,258 | €9,460 | -€8,419 | ▼ 189% |
| Income taxes67/77 | €4,586 | €4,506 | €3,292 | €2,979 | €1,077 | ▼ 63.9% |
| Profit (loss) for the period9904 | €10,255 | €9,338 | €3,966 | €6,481 | -€9,496 | ▼ 247% |
| Profit (loss) for the period to be appropriated9905 | €10,255 | €9,338 | €3,966 | €6,481 | -€9,496 | ▼ 247% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €315,989 | €248,826 | €157,802 | €178,652 | €154,767 | ▼ 13.4% |
| Fixed assets21/28 | €150,720 | €159,360 | €132,707 | €135,320 | €148,590 | ▲ 9.8% |
| Tangible fixed assets22/27 | €150,720 | €159,360 | €132,707 | €135,320 | €148,590 | ▲ 9.8% |
| Land and buildings22 | €124,659 | €127,678 | €109,526 | €118,195 | €98,677 | ▼ 16.5% |
| Plant, machinery and equipment23 | €1,373 | €11,956 | €8,435 | €4,914 | €2,797 | ▼ 43.1% |
| Furniture and vehicles24 | €3,671 | €2,690 | €1,690 | €3,135 | €41,788 | ▲ 1,233% |
| Other tangible fixed assets26 | €21,017 | €17,037 | €13,056 | €9,076 | €5,329 | ▼ 41.3% |
| Current assets29/58 | €165,269 | €89,466 | €25,095 | €43,332 | €6,176 | ▼ 85.7% |
| Amounts receivable after more than one year29 | €76,100 | €76,100 | €0 | - | - | - |
| Other amounts receivable291 | €76,100 | €76,100 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €85,743 | €1,672 | €22,084 | €31,495 | €3,612 | ▼ 88.5% |
| Trade receivables40 | €85,037 | €1,128 | €2,255 | €31,474 | €589 | ▼ 98.1% |
| Other amounts receivable41 | €707 | €545 | €19,829 | €21 | €3,024 | ▲ 14,311% |
| Cash at bank and in hand54/58 | €2,502 | €10,175 | €3,011 | €11,838 | €1,462 | ▼ 87.7% |
| Deferred charges and accrued income490/1 | €924 | €1,518 | €0 | - | €1,102 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €315,989 | €248,826 | €157,802 | €178,652 | €154,767 | ▼ 13.4% |
| Equity10/15 | €105,595 | €114,932 | €118,898 | €125,379 | €115,883 | ▼ 7.6% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €67,008 | €76,338 | €80,298 | €86,768 | €86,768 | = |
| Non-distributable reserves130/1 | €750 | €750 | €0 | - | - | - |
| Reserves not available under the articles1311 | €750 | €750 | €0 | - | - | - |
| Tax-exempt reserves132 | €6,108 | €6,108 | €6,108 | €6,108 | €6,108 | = |
| Distributable reserves133 | €60,150 | €69,480 | €74,190 | €80,660 | €80,660 | = |
| Profit (loss) carried forward14 | €19,995 | €20,002 | €20,008 | €20,018 | €10,523 | ▼ 47.4% |
| Provisions and deferred taxes16 | €82,235 | €82,235 | €0 | - | - | - |
| Provisions for liabilities and charges160/5 | €82,235 | €82,235 | €0 | - | - | - |
| Pensions and similar obligations160 | €82,235 | €82,235 | €0 | - | - | - |
| Amounts payable17/49 | €128,159 | €51,659 | €38,904 | €53,274 | €38,884 | ▼ 27.0% |
| Amounts payable after more than one year17 | €70,698 | €24,924 | €18,414 | €11,502 | €23,444 | ▲ 104% |
| Financial debts170/4 | €70,698 | €24,924 | €18,414 | €11,502 | €23,444 | ▲ 104% |
| Amounts payable within one year42/48 | €32,849 | €14,428 | €20,489 | €41,772 | €15,440 | ▼ 63.0% |
| Current portion of amounts payable after more than one year42 | €14,220 | €6,190 | €6,510 | €6,881 | €12,927 | ▲ 87.9% |
| Trade debts44 | €16,149 | €883 | €8,375 | €11,569 | €1,525 | ▼ 86.8% |
| Suppliers440/4 | €16,149 | €883 | €8,375 | €11,569 | €1,525 | ▼ 86.8% |
| Taxes, remuneration and social security45 | €344 | €4,882 | €5,604 | €1,780 | €988 | ▼ 44.5% |
| Taxes450/3 | €344 | €4,882 | €5,604 | €1,780 | €988 | ▼ 44.5% |
| Other amounts payable47/48 | €2,136 | €2,473 | €0 | €21,541 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €24,612 | €12,306 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,255 | €9,338 | €3,966 | €6,481 | -€9,496 | ▼ 247% |
| + Depreciation and write-downs630 | €20,956 | €25,581 | €26,654 | €27,538 | €36,411 | ▲ 32.2% |
| Operating cash flow (approximation) | €31,211 | €34,919 | €30,619 | €34,018 | €26,915 | ▼ 20.9% |
| Investment in fixed assets (approximation) | - | -€34,222 | €0 | -€30,151 | -€49,681 | ▼ 64.8% |
| Change in cash | - | €7,674 | -€7,165 | €8,827 | -€10,376 | ▼ 218% |
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
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€9,496
Net result drops to -€9,496, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
31-12
Financial
Equity above €100,000Eq €105,595 ▲10.8%
4 profitable years in a row build equity to €105,595.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.77
Current ratio from 1.73 to 3.77; short-term debt falls from €59,276 to €43,205.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Kapellen · 1 establishment unit since 1999
Ground area
1,274 m²
Building footprint
867 m²
Volume, LiDAR
1,390 m³
2 parcels, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Thyssen Beheer
since 19992.094.832.883
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11902E0151/00M004 | Flanders | 673 m² | 1 · 673 m² | - |
| 11902E0151/00V004 | Flanders | 601 m² | 1 · 194 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 7,169 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
Founded18-10-1999
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467079447
Also
9925:BE0467079447
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.