Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2024; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 1.7 to 1.3.
Financials
Financial year 2024
Decoratie Thuyn Gebr. from Brugge, company number BE0439384066, closed financial year 2024 with a result of € 248,119 after tax. For that financial year Decoratie Thuyn Gebr. recorded a gross margin of € 1 million and equity of € 4.5 million. Compared with financial year 2023, the result moved from € 233,896 to € 248,119. 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 November 18, 2025.
€ 4.5 million
▲ 6% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 248,119
▲ 6% vs 2023
Profit after tax over the fiscal year.
€ 116,797
▲ 98% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 4 million.
People and assets in 2024
1.3
▼ 0.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 92,364
▼ 12% vs 2023
€ 71,000 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.
€ 155,038
▲ 31% vs 2023
Of which on lease € 45,592.
Debts at end 2024
€ 2.5 million
▼ 41% vs 2023
€ 211,514 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 229,928
▼ 83% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 80,370
▲ 20% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,218,024 | € 765,208 | € 1,152,455 | € 1,049,964 | ▼ 9% |
| Profit after taxes | € 386,507 | € 195,638 | € 233,896 | € 248,119 | ▲ 6% |
| Equity | € 3,806,938 | € 4,002,576 | € 4,236,472 | € 4,484,591 | ▲ 6% |
| Total debts | € 8,183,326 | € 11,849,134 | € 9,782,998 | € 7,942,421 | ▼ 19% |
| Cash | € 1,449,202 | € 1,623,529 | € 58,867 | € 116,797 | ▲ 98% |
| Land & buildings | € 4,293,456 | € 4,904,965 | € 4,738,490 | € 4,572,780 | ▼ 3% |
| Retained profit | € 3,306,938 | € 3,502,576 | € 3,736,472 | € 3,984,591 | ▲ 7% |
| Bank debt | € 4,327,158 | € 6,220,153 | € 4,228,363 | € 2,502,491 | ▼ 41% |
| Balance sheet total | € 12,033,090 | € 15,893,213 | € 14,059,648 | € 12,465,865 | ▼ 11% |
| Employees (FTE) | 2.2 | 1.7 | 1.6 | 1.3 | ▼ 0.3 |
Key figures of Decoratie Thuyn Gebr., fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Decoratie Thuyn Gebr.?
What happened at Decoratie Thuyn Gebr. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 248,119 (▲ 6% vs 2023). filed late Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 386,507 profit in 2021 to € 248,119 profit in 2024.
Paid € 401,181 in corporate taxes since 2021.
Best year ever: 2021, with € 386,507 profit.
On average € 807,700 of value added per employee in 2024.
A new publication or filing at Decoratie Thuyn Gebr.? We notify you, reason included.
Follow Decoratie Thuyn Gebr.Databakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of THUYN INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Decoratie Thuyn Gebr.Behind Decoratie Thuyn Gebr. are Bram Thuyn, Thuyn Invest BVBA and Geert Thuyn. The shares are held by THUYN INVEST (100%). It owns 50% of Exclusief Vastgoed itself.
Directors
According to the 2024 annual accounts
Bram Thuyn
Managing director
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Blankenbergse Steenweg 378
8000 Brugge
Gistelse Steenweg 360
8200 Brugge
Active since 2 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0439.384.066
- VAT number
- BE 0439.384.066
- Registered office
- Blankenbergse Steenweg 378, 8000 Brugge
- Names & denominations
- Decoratie Thuyn Gebr.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1989
- Peppol
- Active · Active since 22 Mar 2024
- Activities · NACE
Schilderen van gebouwen
Schilderen
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Plaatsen van behang
Plaatsen van vloer- en wandtegels
Handel in eigen onroerend goed
Handel in onroerend goed