What does ETIENNE THEYS do?

ETIENNE THEYS is a property company in Wevelgem. Public Limited, started on 1 October 1969, 1 establishment.

What is the address of ETIENNE THEYS?

The registered office of ETIENNE THEYS is located at Vlaskapelstraat 6, 8560 Wevelgem.

Is ETIENNE THEYS still active?

Yes. According to the CBE (29 October 2026) ETIENNE THEYS is active, legal situation “Normale toestand”, started on 1 October 1969.

Is ETIENNE THEYS registered on Peppol?

Yes, ETIENNE THEYS is registered on the Peppol network with ID 0208:0406887977.

What is the enterprise number of ETIENNE THEYS?

The enterprise number of ETIENNE THEYS is BE0406887977.

When was ETIENNE THEYS founded?

ETIENNE THEYS was founded on 1 October 1969.

Who are the directors of ETIENNE THEYS?

According to the 2025 annual accounts, the directors of ETIENNE THEYS are: Adelheid Syssauw.

Is ETIENNE THEYS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 October 1969; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ETIENNE THEYS make in 2025?

ETIENNE THEYS recorded a loss after taxes of € 55,246 in financial year 2025.

What is the revenue of ETIENNE THEYS?

As a small company, ETIENNE THEYS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -35,355.

How much does an employee at ETIENNE THEYS earn?

The average wage cost per full-time employee at ETIENNE THEYS was € 62,600 in 2023: staff costs of € 118,980 for 1.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

ETIENNE THEYS (Public Limited) - Wevelgem - BE0406887977

Dossier ETIENNE THEYS, printed on 29 October 2026 from databakkes.be/en/0406887977/etienne-theys. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ETIENNE THEYS from Wevelgem, company number BE0406887977, closed financial year 2025 with a result of € -55,246 after tax. For that financial year ETIENNE THEYS recorded a gross margin of € -35,355 and equity of € 332,471. Compared with financial year 2024, the result moved from € 1.4 million to € -55,246. The company made a loss. The buffer shrank hard: equity is 58 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 23, 2025.

What it is worth Shrank hard

€ 332,471

▼ 58% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -55,246

▼ still € 1.4 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 181,060

▲ 73% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 116,471.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1,144

▼ 88% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 331,250 Gross margin 2022: € 331,250 First fiscal year in the series	€ 193,891 Gross margin 2023: € 193,891 ▼ 41% vs 2022 (€ 331,250) Unfavourable step	€ 1,488,970 Gross margin 2024: € 1,488,970 ▲ € 1.3 million vs 2023 (€ 193,891) Favourable step	€ -35,355 Gross margin 2025: € -35,355 ▼ € 1.5 million vs 2024 (€ 1,488,970) Unfavourable step	▼ € 1.5 million
Profit after taxes	€ -638,069 Profit after taxes 2022: € -638,069 First fiscal year in the series	€ 8,291 Profit after taxes 2023: € 8,291 ▲ € 646,360 vs 2022 (€ -638,069) Favourable step	€ 1,366,284 Profit after taxes 2024: € 1,366,284 ▲ € 1.4 million vs 2023 (€ 8,291) Favourable step	€ -55,246 Profit after taxes 2025: € -55,246 ▼ € 1.4 million vs 2024 (€ 1,366,284) Unfavourable step	▼ € 1.4 million
Equity	€ 523,141 Equity 2022: € 523,141 First fiscal year in the series	€ 531,432 Equity 2023: € 531,432 ▲ 2% vs 2022 (€ 523,141) Favourable step	€ 787,716 Equity 2024: € 787,716 ▲ 48% vs 2023 (€ 531,432) Favourable step	€ 332,471 Equity 2025: € 332,471 ▼ 58% vs 2024 (€ 787,716) Unfavourable step	▼ 58%
Total debts	€ 2,631,377 Total debts 2022: € 2,631,377 First fiscal year in the series	€ 1,057,714 Total debts 2023: € 1,057,714 ▼ 60% vs 2022 (€ 2,631,377) Favourable step	€ 120,354 Total debts 2024: € 120,354 ▼ 89% vs 2023 (€ 1,057,714) Favourable step	€ 1,345 Total debts 2025: € 1,345 ▼ 99% vs 2024 (€ 120,354) Favourable step	▼ 99%
Cash	€ 702,279 Cash 2022: € 702,279 First fiscal year in the series	€ 863,455 Cash 2023: € 863,455 ▲ 23% vs 2022 (€ 702,279) Favourable step	€ 104,416 Cash 2024: € 104,416 ▼ 88% vs 2023 (€ 863,455) Unfavourable step	€ 181,060 Cash 2025: € 181,060 ▲ 73% vs 2024 (€ 104,416) Favourable step	▲ 73%
Land & buildings	€ 149,863 Land & buildings 2022: € 149,863 First fiscal year in the series	€ 147,193 Land & buildings 2023: € 147,193 ▼ 2% vs 2022 (€ 149,863) Unchanged	€ 51,360 Land & buildings 2024: € 51,360 ▼ 65% vs 2023 (€ 147,193) Unchanged	€ 51,360 Land & buildings 2025: € 51,360 Unchanged (€ 51,360) Unchanged
Retained profit	€ 307,141 Retained profit 2022: € 307,141 First fiscal year in the series	€ 315,432 Retained profit 2023: € 315,432 ▲ 3% vs 2022 (€ 307,141) Favourable step	€ 571,716 Retained profit 2024: € 571,716 ▲ 81% vs 2023 (€ 315,432) Favourable step	€ 116,471 Retained profit 2025: € 116,471 ▼ 80% vs 2024 (€ 571,716) Unfavourable step	▼ 80%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 1,110,000 Dividend 2024: € 1,110,000 Unchanged (€ 0) Unchanged	€ 400,000 Dividend 2025: € 400,000 ▼ 64% vs 2024 (€ 1,110,000) Unchanged	▼ 64%
Balance sheet total	€ 3,154,518 Balance sheet total 2022: € 3,154,518 First fiscal year in the series	€ 1,589,145 Balance sheet total 2023: € 1,589,145 ▼ 50% vs 2022 (€ 3,154,518) Unchanged	€ 908,070 Balance sheet total 2024: € 908,070 ▼ 43% vs 2023 (€ 1,589,145) Unchanged	€ 333,815 Balance sheet total 2025: € 333,815 ▼ 63% vs 2024 (€ 908,070) Unchanged	▼ 63%
Employees (FTE)	2.7 Employees (FTE) 2022: 2.7 First fiscal year in the series	1.9 Employees (FTE) 2023: 1.9 ▼ 0.8 vs 2022 (2.7) Unchanged	-	-

Key figures of ETIENNE THEYS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to ETIENNE THEYS?

What happened at ETIENNE THEYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Adelheid Syssauw stepped down as director. NBB
Dec 23, 2025 New annual accounts for financial year 2025: loss of € 55,246 (▼ € 1.4 million vs 2024). Source: NBB ↗
2025 Adelheid Syssauw became a director. NBB
Nov 1, 1969 New establishment in Wevelgem. KBO
Oct 1, 1969 Start of the company according to the CBE. KBO

In short

From € 638,069 loss in 2022 to € 55,246 loss in 2025.

Paid € 79,297 in corporate taxes since 2022.

Best year ever: 2024, with € 1.4 million profit.

On average € 102,000 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

THE FILE 50%

F.T.D. INTERNATIONAL 50%

The stake of THE FILE, F.T.D. INTERNATIONAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ETIENNE THEYS

The shares are held by THE FILE (50%) and F.T.D. INTERNATIONAL (50%).

Directors

According to the 2025 annual accounts

Adelheid Syssauw

Managing director

since 2025 · until 2031

Shareholders

THE FILE

50%

F.T.D. INTERNATIONAL

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vlaskapelstraat 6

8560 Wevelgem

2.003.132.647

Noordstraat 14

8560 Wevelgem

Active since 1 November 1969

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

IMHO

€ -6,700 gross margin · 2025

IMMO RAES

€ 894,118 gross margin · 2025

Raes Construct

€ 5.6 million gross margin · 2026

ALC Energy

€ 22,898 gross margin · 2025

SYRA

€ 72,873 gross margin · 2025

+1 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: 0406.887.977
VAT number: BE 0406.887.977
Registered office: Vlaskapelstraat 6, 8560 Wevelgem
Names & denominations: ETIENNE THEYS
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 1 October 1969
Peppol: Active · Active since 21 Oct 2026
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗