VAN WELLEN- THYS
VAN WELLEN- THYS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.87M and a net result of €143k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 47% of 4407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €2.87M |
| Net result | €143k |
| Better than sector | 47% |
| Active | 20 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 35.4% | 38.4% | |
| Net result | €143k | €23k | |
| Equity | €2.87M | €919k | |
| Gross operating margin | €-35k | €157k | |
| Total assets | €8.09M | €3.35M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | - | - | - | - |
| Net profit | €143k | €-37k | €-53k | €11k | €-2k |
| Cash flow | - | - | - | - | - |
| Staff costs | - | - | - | - | - |
| Income taxes | €21k | - | €3k | €3k | €-827 |
| Dividends | - | - | - | - | - |
| Total assets | €8.09M | €3.57M | €3.62M | €3.91M | €4.16M |
| Equity | €2.87M | €2.72M | €2.76M | €2.81M | €2.80M |
| Debt | €5.22M | €851k | €862k | €1.10M | €1.36M |
| of which ≤ 1y | €5.11M | €851k | €807k | €973k | €1.27M |
| of which > 1y | - | - | - | - | - |
| Working capital | €-4.62M | €-195k | €-162k | €-110k | €2.06M |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.09 | 0.77 | 0.80 | 0.89 | 2.63 |
| Quick ratio | 0.09 | 0.76 | 0.79 | 0.88 | 2.62 |
| Working capital ratio | -57.2% | -5.4% | -4.5% | -2.8% | 49.6% |
| Solvency | 35.4% | 76.2% | 76.2% | 72.0% | 67.4% |
| Debt / equity | 1.82 | 0.31 | 0.31 | 0.39 | 0.48 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | - | - | - | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 1.8% | -1.0% | -1.5% | 0.3% | 0.0% |
| ROE | 5.0% | -1.4% | -1.9% | 0.4% | -0.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €8.09M | €3.57M | €3.62M | €3.91M | €4.16M |
| Fixed assets | 21/28 | €7.60M | €2.92M | €2.98M | €3.05M | €826k |
| Intangible fixed assets | 21 | €0 | €0 | - | - | - |
| Financial fixed assets | 28 | €7.60M | €2.92M | €2.98M | €3.05M | €826k |
| Current assets | 29/58 | €485k | €657k | €645k | €863k | €3.33M |
| Stocks & contracts in progress | 3 | €6k | €10k | €10k | €10k | €11k |
| Amounts receivable within one year | 40/41 | €469k | €627k | €527k | €760k | €940k |
| Cash & bank | 54/58 | €11k | €20k | €109k | €92k | €1.63M |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €8.09M | €3.57M | €3.62M | €3.91M | €4.16M |
| Equity | 10/15 | €2.87M | €2.72M | €2.76M | €2.81M | €2.80M |
| Contributions / capital | 10/11 | €62k | €62k | €62k | €62k | €62k |
| Reserves | 13 | €6k | €6k | €6k | €6k | €6k |
| Accumulated profits (losses) | 14 | €2.80M | €2.65M | €2.69M | €2.74M | €2.73M |
| Amounts payable | 17/49 | €5.22M | €851k | €862k | €1.10M | €1.36M |
| Amounts payable within one year | 42/48 | €5.11M | €851k | €807k | €973k | €1.27M |
| Trade debts payable within one year | 44 | - | €618 | €37k | €178k | €1.07M |
| Income statement | ||||||
| Gross operating margin | 9900 | €-35k | €-9k | €-31k | €-52k | €-14k |
| Operating result | 9901 | €-120k | €-11k | €-34k | €-53k | €-15k |
| Financial income | 75 | €430k | €55k | €27k | €81k | €25k |
| Financial charges | 65 | €147k | €82k | €42k | €14k | €13k |
| Result before taxes | 9903 | €163k | €-37k | €-50k | €14k | €-3k |
| Income taxes | 67/77 | €21k | - | €3k | €3k | €-827 |
| Net result for the period | 9904 | €143k | €-37k | €-53k | €11k | €-2k |
| Result to be appropriated | 9905 | €143k | €-37k | €-53k | €11k | €-2k |
Former directors (1)
-
Dipar V BVLegal entityDirector· perm. rep.: Dirk ThysState Gazette act 25055055 (28-04-2025)Former- → 28-02-2025
| NACE primary | Development of residential building projects(68121) |
| Legal form | Public limited company(014) |
| Incorporation | 06-04-2006 |
| Status | Active |
| Postal code | 2030 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1486/00D000indicative | Flanders | 1,239 m² | - | - |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-04-2025 Dirk Thys resigns as director
- Dirk Thys, Bestuurder
Technical details
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}| Legal nameNL | VAN WELLEN- THYS |