VAN THUYNE
ActiveVAN THUYNE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142k and a net result of €-2k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
62
/ 100
Healthy▼ -24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-32
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 0.8% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.2%
Return on assets
-1.7%
Age of the figures
16 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 27-11-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
12 d early
2023
4 d late
2022
16 d early
2021
22 d early
2020
14 d early
2019
15 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close16-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€142k▼ 1.7%
2024 · €144k
2019: €75k
2020: €95k
2021: €111k
2022: €128k
2023: €143k
2024: €144k
2019 → 2025
Total assets
€143k▼ 3.6%
2024 · €148k
2019: €116k
2020: €127k
2021: €132k
2022: €143k
2023: €157k
2024: €148k
2019 → 2025
Net result
€-2k
2024 · €9k
2019: €10k
2020: €20k
2021: €16k
2022: €17k
2023: €15k
2024: €9k
2019 → 2025
Working capital
€142k▲ 7.4%
2024 · €132k
2019: €67k
2020: €85k
2021: €111k
2022: €124k
2023: €132k
2024: €132k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€111k-€128k▲ 15.7%€143k▲ 11.6%€144k▲ 0.5%€142k▼ 1.7%
Operating result€14k-€18k▲ 35.5%€14k▼ 24.4%€9k▼ 38.0%€-7k
Net result€16k-€17k▲ 6.6%€15k▼ 14.5%€9k▼ 37.4%€-2k
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 €7k after €9k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €143k
Equity
€142k▼ 1.7%
Debt
€1k▼ 71.6%
The debt ratio falls from 2.7% to 0.8%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
99.2%▲
2024 · 97.3%
Debt / equity
0.01▼
2024 · 0.03
ROE
-1.7%▼
2024 · 6.5%
ROA
-1.7%▼
2024 · 6.3%
Debt
€1k▼
2024 · €4k
Debt ≤ 1 year
€1k▼
2024 · €4k
Income taxes
€2k▼
2024 · €5k
A ratio outside any meaningful range has been withheld (balance sheet total €143k, equity €142k).
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€148k€143k▼
Fixed assets21/28€12k-
Tangible fixed assets22/27€12k-
Land and buildings22€9k-
Plant, machinery and equipment23€502-
Furniture and vehicles24€3k-
Current assets29/58€136k€143k▲
Amounts receivable within one year40/41€112k€113k▲
Trade receivables40€379€609▲
Other amounts receivable41€111k€113k▲
Cash at bank and in hand54/58€21k€29k▲
Deferred charges and accrued income490/1€3k€25▼
Equity and liabilities
Total equity and liabilities10/49€148k€143k▼
Equity10/15€144k€142k▼
Contributions10/11€10k€10k=
Reserves13€134k€134k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€132k€132k=
Profit (loss) carried forward14-€-2k
Amounts payable17/49€4k€1k▼
Amounts payable within one year42/48€4k€1k▼
Trade debts44€3k€404▼
Suppliers440/4€3k€404▼
Taxes, remuneration and social security45€1k€721▼
Taxes450/3€1k€721▼
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€379
Other operating charges640/8€1k€410▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€12k€-5k▼
Operating profit (loss)9901€9k€-7k▼
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€479€64▼
Recurring financial charges65€479€64▼
Profit (loss) for the period before taxes9903€14k€-85▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€9k€-2k▼
Profit (loss) for the period to be appropriated9905€9k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-2k▼
Transfer to equity691/2€9k-
To other reserves6921€9k-
The notes to these accounts (5 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
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-05
Financial
Weakest financial yearnet €-2k ▼126%
Net result drops to €-2k, the lowest in the series.
31-05
Financial
Liquidity quadruplescurrent ratio 126.92
Current ratio from 34.24 to 126.92; short-term debt falls from €4k to €1k.
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-05
Financial
Liquidity triplescurrent ratio 34.24
Current ratio from 10.49 to 34.24; short-term debt falls from €14k to €4k.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-05
Financial
Equity above €100kEq €111k ▲17.3%
3 profitable years in a row build equity to €111k.
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-05
Financial
Highest result since 2019net €20k ▲90.6%
Operating result €21k, net result €20k, both a record.
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 15 days late
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Deinze · 1 establishment unit since 1993
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.
Kastanjelaan 129800 DeinzeGround area
152 m²
Building footprint
124 m²
Volume, LiDAR
757 m³
Parcel 44054B0427/00H002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAN THUYNE
since 19932.062.930.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44054B0427/00H002 | Flanders | 152 m² | 1 · 124 m² | 8.3 m · 2 fl. |
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
Schilderwerken Wright
BE 0696.762.678
Geel · Eq €141k
PLACE AUX ARTS
BE 0447.292.338
Braine-l'Alleud · Eq €141k
MOW
BE 0476.825.967
Roeselare · Eq €141k
Van Lierop
BE 0422.131.528
Beveren-Kruibeke-Zwijndrecht · Eq €142k
Herkenrath
BE 0677.469.972
Kortemark · Eq €141k
Of 7,817 companies in sector 43341 we hold annual accounts for 2,639. 2,157 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-1993
Fiscal year end31-05
Activities, NACEBEL
43341Painting of buildings
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.