Financials
Financial year 2025
HORSE STUD THYS from Maaseik, company number BE0429776415, closed financial year 2025 with a result of € -47,765 after tax. For that financial year HORSE STUD THYS recorded a gross margin of € -24,562 and equity of € 748,654. Compared with financial year 2024, the result moved from € 98,150 to € -47,765. The company made a loss. 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 March 30, 2026.
€ 748,654
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,765
▼ still € 98,150 profit in 2024
Profit after tax over the fiscal year.
€ 477,994
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 640,954.
People and assets in 2025
€ 22,252
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 63,151
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23
▼ € 60,944 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 | € 264,682 | € 232,417 | € 169,157 | € -24,562 | ▼ € 193,719 |
| Profit after taxes | € 176,370 | € 141,234 | € 98,150 | € -47,765 | ▼ € 145,915 |
| Equity | € 557,035 | € 698,269 | € 796,419 | € 748,654 | ▼ 6% |
| Total debts | € 229,012 | € 209,722 | € 159,119 | € 102,137 | ▼ 36% |
| Cash | € 380,085 | € 477,987 | € 538,001 | € 477,994 | ▼ 11% |
| Land & buildings | € 262,871 | € 260,744 | € 254,696 | € 252,059 | ▼ 1% |
| Retained profit | € 449,335 | € 590,569 | € 688,719 | € 640,954 | ▼ 7% |
| Dividend | € 2,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 14,785 | € 6,326 | € 2,914 | € 0 | ▼ 100% |
| Balance sheet total | € 786,047 | € 907,992 | € 955,538 | € 850,792 | ▼ 11% |
Key figures of HORSE STUD THYS, 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 March 2027.
What happened to HORSE STUD THYS?
What happened at HORSE STUD THYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 47,765 (▼ € 145,915 vs 2024). Source: NBB ↗
- New establishment in Maaseik. KBO
- Start of the company according to the CBE. KBO
In short
From € 176,370 profit in 2022 to € 47,765 loss in 2025.
Paid € 189,544 in corporate taxes since 2022.
Best year ever: 2022, with € 176,370 profit.
Paid out € 2,000 in dividends to the owners in total.
Management
Behind HORSE STUD THYS is Johan Thys.
Directors
According to the 2025 annual accounts
Johan Thys
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Ridderpadstraat 46
3680 Maaseik
Kerkplein 16
3680 Maaseik
Active since 20 January 1987
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.776.415
- VAT number
- BE 0429.776.415
- Registered office
- Ridderpadstraat 46, 3680 Maaseik
- Names & denominations
- HORSE STUD THYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 1986
- Peppol
- Active · Active since 16 Feb 2026
- Activities · NACE
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