What does GROUP THYS do?

GROUP THYS is a joinery in Kapellen. Public Limited, started on 12 February 1988, 1 establishment.

What is the address of GROUP THYS?

The registered office of GROUP THYS is located at Kapelsestraat 127, 2950 Kapellen.

Is GROUP THYS still active?

Yes. According to the CBE (29 October 2026) GROUP THYS is active, legal situation “Normale toestand”, started on 12 February 1988.

Is GROUP THYS registered on Peppol?

Yes, GROUP THYS is registered on the Peppol network with ID 0208:0433355121.

What is the enterprise number of GROUP THYS?

The enterprise number of GROUP THYS is BE0433355121.

When was GROUP THYS founded?

GROUP THYS was founded on 12 February 1988.

Who are the directors of GROUP THYS?

According to the 2025 annual accounts, the directors of GROUP THYS are: CAPT CONSULTING BV, Thys Holding NV, Heymans & Co CommV, Sabine KREUSCH.

Is GROUP THYS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 February 1988; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did GROUP THYS make in 2025?

GROUP THYS posted a profit after taxes of € 3,168,322 in financial year 2025.

What is the revenue of GROUP THYS?

In its most recent annual accounts (2025), GROUP THYS reported revenue of € 46,761,734.

How much does an employee at GROUP THYS earn?

The average wage cost per full-time employee at GROUP THYS was € 74,900 in 2025: staff costs of € 4.1 million for 55.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GROUP THYS have?

According to the 2025 annual accounts, GROUP THYS has 55.2 full-time equivalents (FTE).

GROUP THYS (Public Limited) - Kapellen - BE0433355121

Dossier GROUP THYS, printed on 29 October 2026 from databakkes.be/en/0433355121/group-thys. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 67.3 to 55.2.

Financials

Financial year 2025

GROUP THYS from Kapellen, company number BE0433355121, closed financial year 2025 with a result of € 3.2 million after tax. For that financial year GROUP THYS recorded revenue of € 46.8 million and equity of € 19.1 million. Compared with financial year 2024, the result moved from € 4.2 million to € 3.2 million. The company is profitable. 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 July 9, 2026.

What it is worth Growing

€ 19.1 million

▲ 20% vs 2024

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

Profit Healthy

€ 3.2 million

▼ 25% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.8 million

▲ 87% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 18.6 million.

People and assets in 2025

Full-time equivalents

55.2

▼ 1.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 11.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.1 million

▼ 4% vs 2024

€ 74,900 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.

Vehicles and equipment

€ 3.2 million

▲ € 2.8 million vs 2024

Of which on lease € 3.1 million.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.4 million

▲ 207% vs 2024

€ 583,642 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 3.8 million

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.

Taxes and wages

€ 1.1 million

▼ 37% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2024	2025	Change 2024 → 2025
Revenue	€ 62,829,539 Revenue 2021: € 62,829,539 First fiscal year in the series	€ 62,347,495 Revenue 2022: € 62,347,495 ▼ 1% vs 2021 (€ 62,829,539) Unfavourable step	€ 53,221,416 Revenue 2024: € 53,221,416 ▼ 15% vs 2022 (€ 62,347,495) Unfavourable step	€ 46,761,734 Revenue 2025: € 46,761,734 ▼ 12% vs 2024 (€ 53,221,416) Unfavourable step	▼ 12%
Profit after taxes	€ 7,584,010 Profit after taxes 2021: € 7,584,010 First fiscal year in the series	€ 6,197,093 Profit after taxes 2022: € 6,197,093 ▼ 18% vs 2021 (€ 7,584,010) Unfavourable step	€ 4,196,836 Profit after taxes 2024: € 4,196,836 ▼ 32% vs 2022 (€ 6,197,093) Unfavourable step	€ 3,168,322 Profit after taxes 2025: € 3,168,322 ▼ 25% vs 2024 (€ 4,196,836) Unfavourable step	▼ 25%
Equity	€ 11,171,288 Equity 2021: € 11,171,288 First fiscal year in the series	€ 17,368,381 Equity 2022: € 17,368,381 ▲ 55% vs 2021 (€ 11,171,288) Favourable step	€ 15,903,683 Equity 2024: € 15,903,683 ▼ 8% vs 2022 (€ 17,368,381) Unfavourable step	€ 19,072,005 Equity 2025: € 19,072,005 ▲ 20% vs 2024 (€ 15,903,683) Favourable step	▲ 20%
Total debts	€ 19,587,784 Total debts 2021: € 19,587,784 First fiscal year in the series	€ 13,062,813 Total debts 2022: € 13,062,813 ▼ 33% vs 2021 (€ 19,587,784) Favourable step	€ 10,259,089 Total debts 2024: € 10,259,089 ▼ 21% vs 2022 (€ 13,062,813) Favourable step	€ 9,568,947 Total debts 2025: € 9,568,947 ▼ 7% vs 2024 (€ 10,259,089) Favourable step	▼ 7%
Cash	€ 2,413,561 Cash 2021: € 2,413,561 First fiscal year in the series	€ 806,242 Cash 2022: € 806,242 ▼ 67% vs 2021 (€ 2,413,561) Unfavourable step	€ 1,470,130 Cash 2024: € 1,470,130 ▲ 82% vs 2022 (€ 806,242) Favourable step	€ 2,752,568 Cash 2025: € 2,752,568 ▲ 87% vs 2024 (€ 1,470,130) Favourable step	▲ 87%
Retained profit	€ 10,671,288 Retained profit 2021: € 10,671,288 First fiscal year in the series	€ 16,868,381 Retained profit 2022: € 16,868,381 ▲ 58% vs 2021 (€ 10,671,288) Favourable step	€ 15,403,683 Retained profit 2024: € 15,403,683 ▼ 9% vs 2022 (€ 16,868,381) Unfavourable step	€ 18,572,005 Retained profit 2025: € 18,572,005 ▲ 21% vs 2024 (€ 15,403,683) Favourable step	▲ 21%
Dividend	€ 5,000,000 Dividend 2021: € 5,000,000 First fiscal year in the series	€ 0 Dividend 2022: € 0 ▼ 100% vs 2021 (€ 5,000,000) Unchanged	€ 2,500,000 Dividend 2024: € 2,500,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 2,500,000) Unchanged	▼ 100%
Bank debt	€ 7,166,497 Bank debt 2021: € 7,166,497 First fiscal year in the series	€ 6,355,237 Bank debt 2022: € 6,355,237 ▼ 11% vs 2021 (€ 7,166,497) Favourable step	€ 1,444,298 Bank debt 2024: € 1,444,298 ▼ 77% vs 2022 (€ 6,355,237) Favourable step	€ 4,427,284 Bank debt 2025: € 4,427,284 ▲ 207% vs 2024 (€ 1,444,298) Unfavourable step	▲ 207%
Balance sheet total	€ 30,759,072 Balance sheet total 2021: € 30,759,072 First fiscal year in the series	€ 30,431,194 Balance sheet total 2022: € 30,431,194 ▼ 1% vs 2021 (€ 30,759,072) Unchanged	€ 26,162,772 Balance sheet total 2024: € 26,162,772 ▼ 14% vs 2022 (€ 30,431,194) Unchanged	€ 28,640,952 Balance sheet total 2025: € 28,640,952 ▲ 9% vs 2024 (€ 26,162,772) Unchanged	▲ 9%
Employees (FTE)	63.4 Employees (FTE) 2021: 63.4 First fiscal year in the series	67.3 Employees (FTE) 2022: 67.3 ▲ 3.9 vs 2021 (63.4) Unchanged	56.4 Employees (FTE) 2024: 56.4 ▼ 10.9 vs 2022 (67.3) Unchanged	55.2 Employees (FTE) 2025: 55.2 ▼ 1.2 vs 2024 (56.4) Unchanged	▼ 1.2

Key figures of GROUP THYS, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.

What happened to GROUP THYS?

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

2027 CAPT CONSULTING BV stepped down as director. NBB
2027 Thys Holding NV stepped down as director. NBB
Jul 9, 2026 New annual accounts for financial year 2025: profit of € 3.2 million (▼ 25% vs 2024). filed late Source: NBB ↗
2026 Heymans & Co CommV stepped down as director. NBB
2026 Sabine KREUSCH stepped down as director. NBB
2024 Thys Holding NV became a director. NBB
2024 CAPT CONSULTING BV became a director. NBB
2021 Heymans & Co CommV became a director. NBB

In short

From € 7.6 million profit in 2021 to € 3.2 million profit in 2025.

Paid € 7.4 million in corporate taxes since 2021.

Best year ever: 2021, with € 7.6 million profit.

Paid out € 7.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Thys Holding 100%

The stake of Thys Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GROUP THYS

The shares are held by Thys Holding (100%).

Directors

According to the 2025 annual accounts

CAPT CONSULTING BV

Director · represented by Tiffany Thys

since 2024 · until 2027

Thys Holding NV

Managing director · represented by Luc Thys

since 2024 · until 2027

Heymans & Co CommV

Director · represented by Damien Heymans

Also active at: ALCOPA, Moteo Two Wheels Europe, Alcopa Capital Development, Thys Holding, Groupe François Holding, Mechanica Holding, MATEMCO

since 2021 · until 2026

Sabine KREUSCH

Director

Also active at: Thys Holding, THYS CONSULTING, THYMMO, LEDMO

since 2020 · until 2026

Shareholders

Thys Holding

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kapelsestraat 127

2950 Kapellen

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 →

Thys Holding same network

€ 3.5 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0433.355.121

VAT number

BE 0433.355.121

Registered office

Kapelsestraat 127, 2950 Kapellen

Names & denominations

GROUP THYS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 February 1988

Peppol

Active · Active since 26 Nov 2025

Activities · NACE

Vervaardiging van houten deuren en vensters

Vervaardiging van schrijn- en timmerwerk

Schrijnwerk

Schrijnwerk van hout of van kunststof

Vervaardiging van ander schrijn- en timmerwerk

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

View on CBE Public ↗ Annual accounts (NBB) ↗

GROUP THYS

Warning lights

Financials

What happened to GROUP THYS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions