Van Thuyne
ActiveVan Thuyne has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €525k and a net result of €28k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+1
Solvency99▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.79 against 7.1 in 2024; short-term debt: 25.6% and cash: 56.8% of total assets), and 25.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
74.4%
Return on assets
3.9%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
28 d late
2023
48 d early
2022
5 d early
2021
24 d early
2020
51 d early
2019
15 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€525k▲ 5.5%
2024 · €498k
2018: €343k
2019: €365k
2020: €394k
2021: €423k
2022: €448k
2023: €477k
2024: €498k
2018 → 2025
Total assets
€706k▲ 22.7%
2024 · €575k
2018: €478k
2019: €492k
2020: €509k
2021: €511k
2022: €583k
2023: €589k
2024: €575k
2018 → 2025
Net result
€28k▲ 29.6%
2024 · €21k
2018: €23k
2019: €22k
2020: €29k
2021: €29k
2022: €25k
2023: €28k
2024: €21k
2018 → 2025
Working capital
€504k▲ 6.5%
2024 · €474k
2018: €349k
2019: €369k
2020: €397k
2021: €413k
2022: €440k
2023: €457k
2024: €474k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€423k-€448k▲ 6.0%€477k▲ 6.3%€498k▲ 4.5%€525k▲ 5.5%
Operating result€51k-€43k▼ 15.9%€41k▼ 3.7%€31k▼ 25.0%€40k▲ 29.9%
Net result€29k-€25k▼ 12.0%€28k▲ 11.4%€21k▼ 24.8%€28k▲ 29.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €706k
Fixed assets
€21k▼ 12.9%
Current assets
€685k▲ 24.3%
Equity and liabilities €706k
Equity
€525k▲ 5.5%
Debt
€181k▲ 133%
The debt ratio rises from 13.5% to 25.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45k▲
2024 · €36k
Cash flow
€32k▲
2024 · €26k
Solvency
74.4%▼
2024 · 86.5%
Current ratio
3.79▼
2024 · 7.10
Quick ratio
3.71▼
2024 · 6.91
Debt / equity
0.34▲
2024 · 0.16
ROE
5.2%▲
2024 · 4.3%
ROA
3.9%▲
2024 · 3.7%
Interest coverage
40.51▲
2024 · 28.81
Debt
€181k▲
2024 · €78k
Debt ≤ 1 year
€181k▲
2024 · €78k
Income taxes
€12k▲
2024 · €9k
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€575k€706k▲
Fixed assets21/28€24k€21k▼
Tangible fixed assets22/27€24k€21k▼
Plant, machinery and equipment23€2k€892▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€19k€18k▼
Current assets29/58€551k€685k▲
Stocks and contracts in progress3€15k€15k▼
Stocks30/36€15k€15k▼
Amounts receivable within one year40/41€183k€268k▲
Trade receivables40€178k€268k▲
Other amounts receivable41€5k-
Cash at bank and in hand54/58€351k€401k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€575k€706k▲
Equity10/15€498k€525k▲
Contributions10/11€245k€245k=
Reserves13€253k€281k▲
Distributable reserves133€253k€281k▲
Amounts payable17/49€78k€181k▲
Amounts payable within one year42/48€78k€181k▲
Trade debts44€48k€135k▲
Suppliers440/4€48k€135k▲
Taxes, remuneration and social security45€7k€18k▲
Taxes450/3-€11k
Remuneration and social security454/9€7k€6k▼
Other amounts payable47/48€22k€28k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€932€846▼
Gross operating margin9900€37k€46k▲
Operating profit (loss)9901€31k€40k▲
Financial income75/76B€263€3▼
Recurring financial income75€263€3▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€30k€39k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€21k€28k▲
Profit (loss) for the period to be appropriated9905€21k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€28k▲
Transfer to equity691/2€21k€28k▲
To other reserves6921€21k€28k▲
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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €500kEq €525k ▲5.5%
8 profitable years in a row build equity to €525k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €21k ▼24.8%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €29k ▲34.7%
Net result €29k, the highest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kruisem · 1 establishment unit since 1980
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.
Leenbeekstraat(KRU) 19770 KruisemGround area
4,122 m²
Building footprint
745 m²
Volume, LiDAR
2,224 m³
2 parcels, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LAURENT VAN THUYN
since 19802.018.296.123
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017D0002/00K000 | Flanders | 2,294 m² | 1 · 185 m² | - |
| 45017D0005/00K002 | Flanders | 1,828 m² | 1 · 560 m² | 6.9 m · 1 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.
Similar companies · same sector, comparable size
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BE 0652.941.345
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Stefan Van Bogaert
BE 0839.552.222
Beveren-Kruibeke-Zwijndrecht · Eq €528k
FREEDHOME
BE 0686.770.985
Colfontaine · Eq €523k
YQ PURCHASING
BE 0887.723.511
Liège · Eq €530k
EUROTEL
BE 0437.853.446
Zottegem · Eq €530k
Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 976 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-1979
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43211General electrical installation work
45310
52740
71404
77223Rental and leasing activities
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.