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THYVFRAN

Active Risk: not assessed
Private limited companyfounded 200125 yrs activeKlijtberg 78, 8570 Anzegem, BelgiumKBO/BCE: BE 0474.030.585
Summary

THYVFRAN has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.8m and a net result of -€35,185. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 55% of 8101 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-09-2025, 34 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 filings
Deviation from the deadline
2025
not confirmed
2024
34 d late
2023
29 d late
2022
5 d early
2021
31 d late
2020
54 d early
2019
10 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 February 2001, THYVFRAN was incorporated.1 Total assets went from EUR 2.7 million in 2018 to EUR 3.1 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€1.8m▼ 1.9%
2023 · €1.8m
Total assets
€3.1m▼ 1.1%
2023 · €3.1m
Net result
-€35,185
2023 · €35,282
Working capital
-€655,126▼ 23.7%
2023 · -€529,600
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20202021202220232024
Operating result€132,927▲ 762%€54,641▼ 58.9%€45,216▼ 17.2%€68,333▲ 51.1%-€35,519
Net result€96,074within the sector's middle half€14,211within the sector's middle half▼ 85.2%-€6,033below the sector's middle half€35,282within the sector's middle half-€35,185below the sector's middle half
Equity€1.8mabove the sector's middle half▲ 5.6%€1.8mabove the sector's middle half▲ 0.8%€1.8mabove the sector's middle half▼ 0.3%€1.8mabove the sector's middle half▲ 1.9%€1.8mabove the sector's middle half▼ 1.9%
Total assets€3.1mabove the sector's middle half▲ 2.9%€3.1mabove the sector's middle half▲ 1.0%€3.1mabove the sector's middle half▲ 0.1%€3.1mabove the sector's middle half▼ 0.8%€3.1mabove the sector's middle half▼ 1.1%
Debt€1.2m▲ 2.6%€1.2m▲ 1.6%€1.2m▲ 1.0%€1.2m▼ 4.6%€1.2m▲ 0.2%
Working capital-€282,477▼ 12.9%-€358,461▼ 26.9%-€440,115▼ 22.8%-€529,600▼ 20.3%-€655,126▼ 23.7%
Solvency58.4%within the sector's middle half▲ 1.5pp58.3%within the sector's middle half▼ 0.1pp58.0%within the sector's middle half▼ 0.3pp59.6%within the sector's middle half▲ 1.6pp59.2%within the sector's middle half▼ 0.5pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2020: €132,927€132,927Net result 2020: €96,074€96,074Operating result 2021: €54,641€54,641Net result 2021: €14,211€14,211Operating result 2022: €45,216€45,216Net result 2022: -€6,033-€6,033Operating result 2023: €68,333€68,333Net result 2023: €35,282€35,282Operating result 2024: -€35,519-€35,519Net result 2024: -€35,185-€35,18520202021202220232024-€50,000€0€50,000Operating result 2022: €45,216€45,200Net result 2022: -€6,033-€6,030Operating result 2023: €68,333€68,300Net result 2023: €35,282€35,300Operating result 2024: -€35,519-€35,500Net result 2024: -€35,185-€35,200202220232024
The operating result turns negative in 2024: a loss of €35,519 after €68,333 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.1m
Fixed assets €3.0m ▼ 0.4%
Current assets €96,052 ▼ 18.7%
Equity and liabilities €3.1m
Equity €1.8m ▼ 1.9%
Provisions €62,886 ▼ 3.4%
Debt €1.2m ▲ 0.2%
Debt's share of the balance-sheet total rises from 38.3% to 38.8%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
ROE
-1.9%▼
2023 · 1.9%
ROA
-1.1%▼
2023 · 1.1%
Debt ≤ 1 year
€751,178▲
2023 · €647,721
Debt > 1 year
€435,067▼
2023 · €520,702
Income taxes
€186▼
2023 · €13,461
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€3.1m€3.1m▼
Fixed assets21/28€3.0m€3.0m▼
Tangible fixed assets22/27€915,320€901,983▼
Land and buildings22€910,277€898,611▼
Plant, machinery and equipment23€2,823€1,985▼
Furniture and vehicles24€2,220€1,387▼
Financial fixed assets28€2.1m€2.1m=
Current assets29/58€118,121€96,052▼
Amounts receivable after more than one year29€92,249€92,249=
Other amounts receivable291€92,249€92,249=
Amounts receivable within one year40/41€24,083€3,803▼
Trade receivables40€12,403€0▼
Other amounts receivable41€11,680€3,803▼
Deferred charges and accrued income490/1€1,789€0▼
Equity and liabilities
Total equity and liabilities10/49€3.1m€3.1m▼
Equity10/15€1.8m€1.8m▼
Contributions10/11€150,000€150,000=
Reserves13€1.7m€1.7m▼
Tax-exempt reserves132€117,188€110,625▼
Distributable reserves133€1.6m€1.6m▼
Provisions and deferred taxes16€65,074€62,886▼
Provisions for liabilities and charges160/5€32,261€32,261=
Pensions and similar obligations160€32,261€32,261=
Deferred taxes168€32,813€30,625▼
Amounts payable17/49€1.2m€1.2m▲
Amounts payable after more than one year17€520,702€435,067▼
Financial debts170/4€472,137€435,067▼
Other amounts payable178/9€48,565-
Amounts payable within one year42/48€647,721€751,178▲
Current portion of amounts payable after more than one year42€89,870€128,998▲
Financial debts43€251€599▲
Credit institutions430/8€251€599▲
Trade debts44€42,307€41,732▼
Suppliers440/4€42,307€41,732▼
Taxes, remuneration and social security45€57,923€39,211▼
Taxes450/3€57,923€39,211▼
Other amounts payable47/48€457,370€540,638▲
Accrued charges and deferred income492/3€16,606€750▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,343€13,337▼
Other operating charges640/8€18,336€20,240▲
Gross operating margin9900€101,012-€1,943▼
Operating profit (loss)9901€68,333-€35,519▼
Financial income75/76B€1,367-
Recurring financial income75€1,367-
Financial charges65/66B€23,145€1,667▼
Recurring financial charges65€23,145€1,667▼
Profit (loss) for the period before taxes9903€46,556-€37,186▼
Transfer from deferred taxes780€2,188€2,188=
Income taxes67/77€13,461€186▼
Profit (loss) for the period9904€35,282-€35,185▼
Transfer from tax-exempt reserves789€6,563€6,563=
Profit (loss) for the period to be appropriated9905€41,844-€28,622▼
Appropriation of the result
Profit (loss) to be appropriated9906€41,844-€28,622▼
Transfer from equity791/2-€28,622
Transfer to equity691/2€41,844-
To other reserves6921€41,844-

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,636€13,551€14,697€14,343€13,337▼ 7.0%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0----
Other operating charges640/8-€27,617€19,590€18,336€20,240▲ 10.4%
Gross operating margin9900€126,357€95,809€79,504€101,012-€1,943▼ 102%
Operating profit (loss)9901€132,927€54,641€45,216€68,333-€35,519▼ 152%
Financial income75/76B-€491€1,668€1,367--
Recurring financial income75€1€491€1,668€1,367--
Financial charges65/66B-€21,420€52,526€23,145€1,667▼ 92.8%
Recurring financial charges65€27,994€21,420€52,526€23,145€1,667▼ 92.8%
Profit (loss) for the period before taxes9903€104,934€33,713-€5,641€46,556-€37,186▼ 180%
Transfer from deferred taxes780-€2,188€2,188€2,188€2,188=
Income taxes67/77€11,047€21,689€2,579€13,461€186▼ 98.6%
Profit (loss) for the period9904€96,074€14,211-€6,033€35,282-€35,185▼ 200%
Transfer from tax-exempt reserves789-€6,563€6,563€6,563€6,563=
Profit (loss) for the period to be appropriated9905€102,637€20,774€529€41,844-€28,622▼ 168%
Line20202021202220232024Change
Assets
Total assets20/58€3.1m€3.1m€3.1m€3.1m€3.1m▼ 1.1%
Fixed assets21/28€3.0m€3.0m€3.0m€3.0m€3.0m▼ 0.4%
Tangible fixed assets22/27€940,505€944,360€929,662€915,320€901,983▼ 1.5%
Land and buildings22-€933,609€921,943€910,277€898,611▼ 1.3%
Plant, machinery and equipment23-€6,304€4,563€2,823€1,985▼ 29.7%
Furniture and vehicles24-€4,447€3,157€2,220€1,387▼ 37.6%
Financial fixed assets28€2.1m€2.1m€2.1m€2.1m€2.1m=
Current assets29/58€81,366€109,346€127,987€118,121€96,052▼ 18.7%
Amounts receivable after more than one year29-€87,860€88,849€92,249€92,249=
Other amounts receivable291-€87,860€88,849€92,249€92,249=
Amounts receivable within one year40/41€80,254€18,000€37,820€24,083€3,803▼ 84.2%
Trade receivables40-€18,000€30,200€12,403€0▼ 100%
Other amounts receivable41--€7,620€11,680€3,803▼ 67.4%
Cash at bank and in hand54/58€0€1,382€0---
Deferred charges and accrued income490/1-€2,103€1,317€1,789€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€3.1m€3.1m€3.1m€3.1m€3.1m▼ 1.1%
Equity10/15€1.8m€1.8m€1.8m€1.8m€1.8m▼ 1.9%
Contributions10/11-€150,000€150,000€150,000€150,000=
Reserves13€1.7m€1.7m€1.7m€1.7m€1.7m▼ 2.1%
Tax-exempt reserves132-€130,313€123,750€117,188€110,625▼ 5.6%
Distributable reserves133-€1.5m€1.5m€1.6m€1.6m▼ 1.8%
Provisions and deferred taxes16€71,636€69,449€67,261€65,074€62,886▼ 3.4%
Provisions for liabilities and charges160/5-€32,261€32,261€32,261€32,261=
Pensions and similar obligations160-€32,261€32,261€32,261€32,261=
Deferred taxes168-€37,188€35,000€32,813€30,625▼ 6.7%
Amounts payable17/49€1.2m€1.2m€1.2m€1.2m€1.2m▲ 0.2%
Amounts payable after more than one year17€838,352€738,664€646,429€520,702€435,067▼ 16.4%
Financial debts170/4-€639,551€556,480€472,137€435,067▼ 7.9%
Other amounts payable178/9-€99,113€89,949€48,565--
Amounts payable within one year42/48€363,843€467,806€568,102€647,721€751,178▲ 16.0%
Current portion of amounts payable after more than one year42-€81,818€88,539€89,870€128,998▲ 43.5%
Financial debts43-€0-€251€599▲ 139%
Credit institutions430/8-€0-€251€599▲ 139%
Trade debts44€44,725€59,744€62,688€42,307€41,732▼ 1.4%
Suppliers440/4-€59,744€62,688€42,307€41,732▼ 1.4%
Advances received on contracts in progress46-€0----
Taxes, remuneration and social security45-€56,099€43,459€57,923€39,211▼ 32.3%
Taxes450/3-€56,099€43,459€57,923€39,211▼ 32.3%
Remuneration and social security454/9-€0----
Other amounts payable47/48-€270,144€373,416€457,370€540,638▲ 18.2%
Accrued charges and deferred income492/3-€23,696€27,800€16,606€750▼ 95.5%
Line20202021202220232024Change
Profit (loss) for the period9904€96,074€14,211-€6,033€35,282-€35,185▼ 200%
+ Depreciation and write-downs630€11,636€13,551€14,697€14,343€13,337▼ 7.0%
Operating cash flow (approximation)€107,710€27,762€8,664€49,625-€21,848▼ 144%
Investment in fixed assets (approximation)--€17,405€0€0€0-
Change in cash-€1,382-€1,382---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
03-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 34 days late
2024
31-12
Financial Weakest financial yearnet -€35,185
Net result drops to -€35,185, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial Back to profitnet €35,282
Net result €35,282 after one loss-making year.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
07-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €96,074
Net result €96,074 after one loss-making year.
10-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
18-02
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 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
9 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, Anzegem · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
2,383 m²
Building footprint
272 m²
Volume, LiDAR
1,553 m³
Parcel 34018B0308/00E000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
THYVFRAN BVBA
Klijtberg 78, 8570 AnzegemManufacture of paper and paper products
since 20012.093.083.420
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34018B0308/00E000 Flanders 2,383 m² 1 · 272 m² 9.2 m · 2 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of THYVFRAN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 21,304 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
Founded07-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
13200Manufacture of textiles
63920Other information service activities
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0474030585
Also 9925:BE0474030585
Registered 08-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.