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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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THALIX from Lievegem, company number BE0460206305, closed financial year 2025 with a result of € -12,247 after tax. For that financial year THALIX recorded a gross margin of € -7,979 and equity of € 5,017. Compared with financial year 2024, the result moved from € 6,327 to € -12,247. The company made a loss. The buffer shrank hard: equity is 71 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 23, 2026.
€ 5,017
▼ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,247
▼ still € 6,327 profit in 2024
Profit after tax over the fiscal year.
€ 4,648
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -84,983.
People and assets in 2025
€ 3,662
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,626
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 972
▼ 3% 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 | € -525 | € 10,052 | € 14,072 | € -7,979 | ▼ € 22,051 |
| Profit after taxes | € -8,611 | € 2,296 | € 6,327 | € -12,247 | ▼ € 18,575 |
| Equity | € 8,641 | € 10,937 | € 17,265 | € 5,017 | ▼ 71% |
| Total debts | € 235,202 | € 234,885 | € 229,608 | € 244,017 | ▲ 6% |
| Cash | € 5,421 | € 8,986 | € 18,085 | € 4,648 | ▼ 74% |
| Land & buildings | € 205,570 | € 207,240 | € 207,240 | € 214,840 | ▲ 4% |
| Retained profit | € -81,359 | € -79,063 | € -72,735 | € -84,983 | ▼ € 12,247 |
| Balance sheet total | € 243,843 | € 245,822 | € 246,873 | € 249,034 | ▲ 1% |
Key figures of THALIX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to THALIX?
What happened at THALIX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,247 (▼ € 18,575 vs 2024). Source: NBB ↗
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
- Xavier Gellynck became a director. NBB
- Katrien Gitsels became a director. NBB
In short
From € 8,611 loss in 2022 to € 12,247 loss in 2025.
Paid € 1,744 in corporate taxes since 2022.
Best year ever: 2024, with € 6,327 profit.
Management
Behind THALIX are Xavier Gellynck and Katrien Gitsels. Katrien Gitsels is also behind PROJECT PATHOEKEWEG BRUGGE.
Directors
According to the 2025 annual accounts
Xavier Gellynck
Director
since 1997
since 1997
Establishments
Establishment units
Physical locations of this company
Beekstraat 35
9920 Lievegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.206.305
- VAT number
- BE 0460.206.305
- Registered office
- Beekstraat 35, 9920 Lievegem
- Names & denominations
- THALIX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 1997
- Peppol
- Active · Active since 28 Nov 2025
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