THEYS, OTTEN & PARTNERS
ActiveSummary
THEYS, OTTEN & PARTNERS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €607k and a net result of €96k. Equity is growing by ~44.1% per year across the filed fiscal years. Its solvency ranks better than 75% of 2276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-15
Solvency97▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.19 in 2024; short-term debt: 27.7% and cash: 1.9% of total assets), and 27.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
72.3%
Return on assets
11.4%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-05-2026, 27 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 · 7 filingsDeviation from the deadline
2025
27 d late
2024
6 d late
2023
27 d early
2022
26 d early
2021
36 d early
2020
32 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€607k▲ 14.0%
2024 · €532k
2019: €53k
2020: €125k
2021: €185k
2022: €256k
2023: €393k
2024: €532k
2019 → 2025
Total assets
€840k▲ 23.8%
2024 · €678k
2019: €670k
2020: €675k
2021: €671k
2022: €662k
2023: €668k
2024: €678k
2019 → 2025
Net result
€96k▼ 38.8%
2024 · €156k
2019: €38k
2020: €75k
2021: €64k
2022: €74k
2023: €140k
2024: €156k
2019 → 2025
Working capital
€-41k▲ 65.1%
2024 · €-118k
2019: €-593k
2020: €-522k
2021: €-461k
2022: €-389k
2023: €-252k
2024: €-118k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€185k-€256k▲ 38.3%€393k▲ 53.4%€532k▲ 35.4%€607k▲ 14.0%
Operating result€80k-€95k▲ 18.4%€182k▲ 92.0%€205k▲ 12.1%€123k▼ 39.6%
Net result€64k-€74k▲ 16.2%€140k▲ 88.8%€156k▲ 11.3%€96k▼ 38.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €840k
Fixed assets
€648k ▼ 0.4%
Current assets
€192k ▲ 592%
Equity and liabilities €840k
Equity
€607k ▲ 14.0%
Debt
€233k ▲ 59.9%
Debt's share of the balance-sheet total rises from 21.5% to 27.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€126k▼
2024 · €207k
Cash flow
€98k▼
2024 · €158k
Current ratio
0.82▲
2024 · 0.19
Debt to equity
0.38▲
2024 · 0.27
ROE
15.7%▼
2024 · 29.3%
ROA
11.4%▼
2024 · 23.0%
Interest coverage
119.80▼
2024 · 200.84
Debt ≤ 1 year
€233k▲
2024 · €146k
Income taxes
€27k▼
2024 · €47k
Staff costs
€67k▲
2024 · €59k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€678k€840k▲
Fixed assets21/28€650k€648k▼
Intangible fixed assets21€5k€3k▼
Financial fixed assets28€645k€645k=
Current assets29/58€28k€192k▲
Amounts receivable within one year40/41€22k€176k▲
Trade receivables40€22k€173k▲
Other amounts receivable41-€3k
Cash at bank and in hand54/58€6k€16k▲
Equity and liabilities
Total equity and liabilities10/49€678k€840k▲
Equity10/15€532k€607k▲
Contributions10/11€19k€19k=
Reserves13€514k€588k▲
Distributable reserves133€514k€588k▲
Amounts payable17/49€146k€233k▲
Amounts payable within one year42/48€146k€233k▲
Financial debts43€10k€10k▼
Credit institutions430/8€10k€10k▼
Trade debts44€13k€134k▲
Suppliers440/4€13k€134k▲
Taxes, remuneration and social security45€37k€59k▲
Taxes450/3€30k€52k▲
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48€86k€29k▼
Income statement
Code20242025
Remuneration, social security and pensions62€59k€67k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€664€674▲
Gross operating margin9900€266k€194k▼
Operating profit (loss)9901€205k€123k▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€203k€122k▼
Income taxes67/77€47k€27k▼
Profit (loss) for the period9904€156k€96k▼
Profit (loss) for the period to be appropriated9905€156k€96k▼
Appropriation of the result
Profit (loss) to be appropriated9906€156k€96k▼
Transfer to equity691/2€139k€74k▼
To other reserves6921€139k€74k▼
Profit to be distributed694/7€17k€21k▲
Return on contributions (dividend)694€17k€21k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (7 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
23-09
State Gazette act
Restructuring · MiscellaneousAppointment: GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES (company auditor) · Demerger · Accounting effect27 facts ▸
State Gazette act
Restructuring · Miscellaneous
Appointment: GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES (company auditor) · Demerger · Accounting effect27 facts ▸
- Board meeting, 16-09-2026
- Demerger, 16-09-2026
- Demerger, 16-09-2026
- Other statement, statuten aannemen die in lijn zijn met deze van THEYS, OTTEN & PARTNERS en standaard statuten van een besloten vennootschap met een holdingactiviteit
- Other statement, statuten aannemen die in lijn zijn met deze van THEYS, OTTEN & PARTNERS en standaard statuten van een besloten vennootschap met een holdingactiviteit
- Other statement, aandelenregistratie, publicatie van het splitsingsbesluit in de Bijlagen tot het Belgisch Staatsblad
- Other statement, deelgerechtigdheid in bedrijfsresultaat, datum waarop de splitsing juridisch uitwerking krijgt
- Other statement, deelgerechtigdheid in bedrijfsresultaat, datum waarop de splitsing juridisch uitwerking krijgt
- Accounting effect, 01-04-2026
- Accounting effect, 01-04-2026
- Declaration, geen bijzondere rechten of maatregelen jegens aandeelhouders of houders van andere effecten
- Declaration, geen bijzondere rechten of maatregelen jegens aandeelhouders of houders van andere effecten
- +15 further facts in this act
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
30-09
Financial
Highest result since 2019net €156k ▲11.3%
Operating result €205k, net result €156k, both a record.
30-09
Financial
Equity above €500kEq €532k ▲35.4%
6 profitable years in a row build equity to €532k.
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €200kEq €256k ▲38.3%
4 profitable years in a row build equity to €256k.
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €150kEq €185k ▲48.7%
3 profitable years in a row build equity to €185k.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €100kEq €125k ▲134%
2 profitable years in a row build equity to €125k.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 2018
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.
Kemphaanlaan 142960 BrechtGround area
1,503 m²
Building footprint
255 m²
Volume, LiDAR
1,403 m³
Parcel 11009M0001/00K002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TOP Accountants
since 20182.272.886.479
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009M0001/00K002 | Flanders | 1,503 m² | 1 · 255 m² | 9.7 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.
Articles of association
Purpose
Het verrichten van diensten die rechtstreeks en uitsluitend betrekking hebben op de uitoefening van het beroep van de aandeelhouders zelf in het algemeen en meer in het bijzonder…
Full purpose (6 activities)
- Het verrichten van diensten die rechtstreeks en uitsluitend betrekking hebben op de uitoefening van het beroep van de aandeelhouders zelf in het algemeen en meer in het bijzonder het ter beschikking stellen van bepaalde middelen (gebouwen, inrichting, meubilair, andere apparatuur en uitrusting, computer, administratieve diensten,…) nodig voor de uitoefening van de beroepswerkzaamheid als accountant en belastingconsulent
- Lendingsovereenkomsten afsluiten met het oog op de financiering van haar activiteiten
- Een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven, in België of in het buitenland
- Samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen
- Optreden als bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen of ondernemingen waarvan het voorwerp identiek, gelijkaardig of verwant is met het hare
- Alle industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken
Other provisions of the articles (1)
- Other statement
Structure & network
Acquisitions and mergers
2 transactionsSplit off to:DB-HOLDING
Split off to:OTN HOLDING
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 23-09-2026 ↗
- Jimmy OTTEN 600 shares · 50%
- Peter THEYS 300 shares · 25%
- Christel SODERMANS 300 shares · 25%
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 81 EUR awarded · 81 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 81 EUR | 81 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 5,520 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-2018
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.