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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
GARAGE THIRY SPRL from Habay, company number BE0418954282, closed financial year 2025 with a result of € -237,220 after tax. For that financial year GARAGE THIRY SPRL recorded a gross margin of € 30,095 and equity of € -542,125. Compared with financial year 2024, the result moved from € -177,223 to € -237,220. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ -542,125
▼ € 237,220 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -237,220
▼ 34 % more loss than in 2024
Profit after tax over the fiscal year.
€ 9,881
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -974,797.
People and assets in 2025
2.1
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 163,259
▼ 55% vs 2024
€ 77,700 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.
€ 89,880
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 8% vs 2024
Loans from banks and other lenders, long and short.
€ 30,777
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,201
▼ 83% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 480,112 | € 478,797 | € 376,071 | € 30,095 | ▼ 92% |
| Profit after taxes | € 17,665 | € -41,521 | € -177,223 | € -237,220 | ▼ € 59,997 |
| Equity | € -86,160 | € -127,682 | € -304,905 | € -542,125 | ▼ € 237,220 |
| Total debts | € 2,124,720 | € 2,107,594 | € 2,136,089 | € 1,147,561 | ▼ 46% |
| Cash | € 121,054 | € 32,542 | € 244,420 | € 9,881 | ▼ 96% |
| Land & buildings | € 381,448 | € 338,903 | € 296,359 | € 279,135 | ▼ 6% |
| Retained profit | € -537,545 | € -579,066 | € -756,289 | € -974,797 | ▼ € 218,508 |
| Bank debt | € 1,038,201 | € 1,010,627 | € 1,027,341 | € 1,112,583 | ▲ 8% |
| Balance sheet total | € 2,038,560 | € 1,979,912 | € 1,831,184 | € 605,436 | ▼ 67% |
| Employees (FTE) | 3.8 | 3.8 | 4.5 | 2.1 | ▼ 2.4 |
Key figures of GARAGE THIRY SPRL, 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 GARAGE THIRY SPRL?
What happened at GARAGE THIRY SPRL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 237,220. Source: NBB ↗
- New establishment in Habay. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,665 profit in 2022 to € 237,220 loss in 2025.
Paid € 3,120 in corporate taxes since 2022.
Best year ever: 2022, with € 17,665 profit.
On average € 14,300 of value added per employee in 2025.
Management
Behind GARAGE THIRY SPRL are L. LOUYET SA and L for L SRL. The shares are held by L. LOUYET (100%).
Directors
According to the 2025 annual accounts
Director · represented by Léon Louyet
Also active at: LOUYET LIEGE, Louyet Verviers, LOUYET WAVRE, LOUYET NAMA, LOUYET MARIEMBOURG, LOUYET USED CARS, LOUYET WATERLOO, Louyet EuMa +13 more
Director · represented by Laurent Louyet
Owns 11.5% via L. LOUYET
Also active at: LOUYET LIEGE, Louyet Verviers, LOUYET WAVRE, LA DYLE BIKE, LOUYET NAMA, LOUYET OVERIJSE, LOUYET MARIEMBOURG, LOUYET USED CARS +23 more
Shareholders
L. LOUYET · holding of L for L SRL
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Route de Gérasa 9
6723 Habay
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.954.282
- VAT number
- BE 0418.954.282
- Registered office
- Route de Gérasa 9, 6723 Habay
- Names & denominations
- GARAGE THIRY SPRL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1978
- Peppol
- Active · Active since 4 Mar 2026
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in motorbrandstoffen
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Handel in en onderhoud en reparatie van motorrijwielen en onderdelen en toebehoren van motorrijwielen
Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen