Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Firma Paul Thiry from Herent, company number BE0403589482, closed financial year 2025 with a result of € 292,731 after tax. For that financial year Firma Paul Thiry recorded a gross margin of € 395,432 and equity of € 376,158. Compared with financial year 2024, the result moved from € 153,752 to € 292,731. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 376,158
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 292,731
▲ 90% vs 2024
Profit after tax over the fiscal year.
€ 48,628
▲ 165% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 292,731 paid out
100 % of the profit went to the shareholders, mostly to RIDORA (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 45,925
Loans from banks and other lenders, long and short.
€ 15,952
Supplier invoices still open on the last day of the fiscal year.
€ 47,060
▲ 289% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 231,147 | € 231,882 | € 238,853 | € 395,432 | ▲ 66% |
| Profit after taxes | € 159,320 | € 158,536 | € 153,752 | € 292,731 | ▲ 90% |
| Equity | € 376,158 | € 376,158 | € 376,158 | € 376,158 | |
| Total debts | € 320,141 | € 317,856 | € 213,680 | € 449,503 | ▲ 110% |
| Cash | € 111,870 | € 110,379 | € 18,343 | € 48,628 | ▲ 165% |
| Land & buildings | € 570,786 | € 570,786 | € 570,786 | € 570,786 | |
| Retained profit | € 355,583 | € 355,583 | € 355,583 | € 355,583 | |
| Dividend | € 159,320 | € 158,536 | € 153,752 | € 292,731 | ▲ 90% |
| Bank debt | € 0 | € 0 | € 0 | € 45,925 | |
| Balance sheet total | € 696,299 | € 694,015 | € 589,838 | € 825,661 | ▲ 40% |
Key figures of Firma Paul Thiry, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Firma Paul Thiry?
What happened at Firma Paul Thiry in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 292,731 (▲ 90% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Leuven. KBO
In short
From € 159,320 profit in 2022 to € 292,731 profit in 2025.
Paid € 260,939 in corporate taxes since 2022.
Best year ever: 2025, with € 292,731 profit.
Paid out € 764,339 in dividends to the owners in total.
Management
The stake of RIDORA, PAUL THIRY - PAINTS, PAUL THIRY - DECOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Firma Paul ThiryBehind Firma Paul Thiry is KIDS NV. The shares are held by RIDORA (100%), PAUL THIRY - PAINTS (50%) and PAUL THIRY - DECOR (50%).
Directors
According to the 2025 annual accounts
Director · represented by Guido Van Pée
Also active at: Thiry Paints For Professionals, FINANCE TRADE INVESTMENT, RIDORA, ALINTER
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 10
3020 Herent
Brusselsesteenweg 10
3000 Leuven
Active since 1 January 1958
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Thiry Paints For Professionals same network
€ 2.1 million revenue · 2025
FINANCE TRADE INVESTMENT same network
€ 186,038 gross margin · 2025
RIDORA same network
€ 187,182 gross margin · 2025
ALINTER same network
€ 755,608 gross margin · 2025
Thiry Paints Limburg
€ 1.4 million gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.589.482
- VAT number
- BE 0403.589.482
- Registered office
- Brusselsesteenweg 10, 3020 Herent
- Names & denominations
- Firma Paul Thiry
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 1958
- Peppol
- Active · Active since 24 Jul 2026