THYS PROJECTS
ActiveTHYS PROJECTS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 2538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▲+3
Solvency50▼-15
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.32 against 1.66 in 2024; short-term debt: 75.5% and cash: 0.6% of total assets), and 75.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
24.5%
Return on assets
-13.7%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-3k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
6 d early
2023
4 d early
2022
29 d late
2021
30 d late
2020
4 d late
2019
24 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 35.8%
2024 · €8k
2018: €-9k
2019: €8k
2020: €10k
2021: €17k
2022: €17k
2023: €12k
2024: €8k
2018 → 2025
Total assets
€22k▲ 4.1%
2024 · €21k
2018: €44k
2019: €36k
2020: €38k
2021: €19k
2022: €23k
2023: €20k
2024: €21k
2018 → 2025
Net result
€-3k▲ 18.6%
2024 · €-4k
2018: €52k
2019: €18k
2020: €1k
2021: €8k
2022: €-601
2023: €-5k
2024: €-4k
2018 → 2025
Working capital
€5k▼ 35.8%
2024 · €8k
2018: €-9k
2019: €8k
2020: €10k
2021: €18k
2022: €17k
2023: €12k
2024: €8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€17k▼ 3.4%€12k▼ 29.6%€8k▼ 30.6%€5k▼ 35.8%
Operating result€8k-€-499€-5k▼ 862%€-3k▲ 27.9%€-3k▲ 20.3%
Net result€8k-€-601€-5k▼ 729%€-4k▲ 27.2%€-3k▲ 18.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €22k
Equity
€5k▼ 35.8%
Debt
€16k▲ 30.5%
The debt ratio rises from 60.2% to 75.5%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
24.5%▼
2024 · 39.8%
Current ratio
1.32▼
2024 · 1.66
Quick ratio
1.32▼
2024 · 1.66
Debt / equity
3.08▲
2024 · 1.51
ROE
-55.9%▼
2024 · -44.1%
ROA
-13.7%▲
2024 · -17.5%
Debt
€16k▲
2024 · €12k
Debt ≤ 1 year
€16k▲
2024 · €12k
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€21k€22k▲
Current assets29/58€21k€22k▲
Amounts receivable within one year40/41€20k€21k▲
Other amounts receivable41€20k€21k▲
Cash at bank and in hand54/58€430€120▼
Equity and liabilities
Total equity and liabilities10/49€21k€22k▲
Equity10/15€8k€5k▼
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-19k€-22k▼
Amounts payable17/49€12k€16k▲
Amounts payable within one year42/48€12k€16k▲
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45€359-
Taxes450/3€359-
Other amounts payable47/48€5k€6k▲
Income statement
Code20242025
Other operating charges640/8€505€120▼
Gross operating margin9900€-3k€-3k▲
Operating profit (loss)9901€-3k€-3k▲
Financial charges65/66B€161€190▲
Recurring financial charges65€161€190▲
Profit (loss) for the period before taxes9903€-4k€-3k▲
Profit (loss) for the period9904€-4k€-3k▲
Profit (loss) for the period to be appropriated9905€-4k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-22k▼
Profit (loss) brought forward from the previous period14P€-16k€-19k▼
The notes to these accounts (1 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity times 11current ratio 14.59
Current ratio from 1.33 to 14.59; short-term debt falls from €29k to €1k.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-06
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
5 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, Herselt · 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.
Stationsstraat(RAM) 62230 HerseltGround area
930 m²
Building footprint
198 m²
Volume, LiDAR
1,324 m³
Parcel 13034H0374/00F000, Flanders · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Thys Projects
since 19932.064.793.963
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13034H0374/00F000 | Flanders | 930 m² | 1 · 198 m² | 12.0 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
ARCOTEC
BE 0455.577.524
Antwerpen · Eq €7k
LCL EUREKA ET MARKETING
BE 0479.968.371
Philippeville · Eq €7k
P.H.DEPANNAGE
BE 0886.160.821
Sprimont · Eq €3k
BOUVY-NOËL
BE 0416.920.252
Ottignies-Louvain-la-Neuve · Eq €9k
Project Invest
BE 0426.616.193
Antwerpen · Eq €3k
Of 407 companies in sector 95210 we hold annual accounts for 116. 31 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-10-1993
Fiscal year end31-12
Activities, NACEBEL
52720
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
41001General construction of residential buildings
68121Development of residential building projects
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.