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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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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Thiry Paints For Professionals from Herent, company number BE0407123153, closed financial year 2025 with a result of € 5.1 million after tax. For that financial year Thiry Paints For Professionals recorded revenue of € 2.1 million and equity of € 14.9 million. Compared with financial year 2024, the result moved from € -17,094 to € 5.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2026.
€ 14.9 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.1 million
▲ still € 17,094 loss in 2024
Profit after tax over the fiscal year.
€ 20,790
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 10.8 million.
People and assets in 2025
7.2
▲ 4.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 704,939
▲ 152% vs 2024
€ 97,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,164
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13.2 million
▼ 18% vs 2024
€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 40,803
▲ 151% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 146,666
▲ 50% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,269,358 | € 594,000 | € 1,117,000 | € 2,081,028 | ▲ 86% |
| Profit after taxes | € 5,891,881 | € -195,906 | € -17,094 | € 5,095,603 | ▲ € 5.1 million |
| Equity | € 13,329,786 | € 13,133,881 | € 13,116,786 | € 14,912,390 | ▲ 14% |
| Total debts | € 15,609,973 | € 25,653,210 | € 33,697,124 | € 24,906,046 | ▼ 26% |
| Cash | - | - | € 27,289 | € 20,790 | ▼ 24% |
| Retained profit | € 9,247,586 | € 9,051,681 | € 9,034,586 | € 10,830,190 | ▲ 20% |
| Bank debt | € 8,125,785 | € 13,550,681 | € 16,058,672 | € 13,150,752 | ▼ 18% |
| Balance sheet total | € 28,939,759 | € 38,787,091 | € 46,813,910 | € 39,818,436 | ▼ 15% |
| Employees (FTE) | 2 | 1.3 | 2.4 | 7.2 | ▲ 4.8 |
Key figures of Thiry Paints For Professionals, 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 Thiry Paints For Professionals?
What happened at Thiry Paints For Professionals in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick Van Pee stepped down as director. NBB
- Kids stepped down as director. NBB
- Guido Van Pee stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5.1 million. filed late Source: NBB ↗
- Patrick Van Pee became a director. NBB
- Kids became a director. NBB
- Guido Van Pee became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5.9 million profit in 2022 to € 5.1 million profit in 2025.
Paid € 13,401 in corporate taxes since 2022.
Best year ever: 2022, with € 5.9 million profit.
Pays suppliers within 10 days on average.
Management
It owns 100% of Thiry Paints Limburg, 100% of Fire coatings, 100% of Thiry Paints Oost-Vlaanderen, 100% of Thiry Paints, 100% of Novelta NV and 100% of Distripaints NV itself.
Directors
According to the 2025 annual accounts
Patrick Van Pee
Director
Also active at: Novelta, Thiry Paints West-Vlaanderen, Thiry Paints Limburg, Thiry Paints Antwerpen, DISTRIPAINTS, Thiry Paints Oost-Vlaanderen, BN&F, PVP Projects +1 more
since 2025 · until 2031
Director · represented by Annick Van Pee
Also active at: Firma Paul Thiry, FINANCE TRADE INVESTMENT, RIDORA, ALINTER
since 2025 · until 2031
Guido Van Pee
Managing director
Also active at: Longerstaey, VIVALAC, Firma Paul Thiry, Thiry Paints West-Vlaanderen, FINANCE TRADE INVESTMENT, RIDORA, ALINTER, Thiry Paints Limburg +10 more
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 10
3020 Herent
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 →Firma Paul Thiry same network
€ 395,432 gross margin · 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 same network
€ 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
- 0407.123.153
- VAT number
- BE 0407.123.153
- Registered office
- Brusselsesteenweg 10, 3020 Herent
- Names & denominations
- Thiry Paints For Professionals · TPP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 1970
- Peppol
- Active · Active since 29 Sept 2025
- Contact
- [email protected] 016/234992
- Activities · NACE
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