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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Shrinking team NBB
FTE fell two years in a row, from 3 to 1.2.
Financials
Financial year 2025
THYS HOUT from Kapellen, company number BE0471906285, closed financial year 2025 with a result of € 17,451 after tax. For that financial year THYS HOUT recorded a gross margin of € 256,997 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 1,252 to € 17,451. 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 June 30, 2026.
€ 1.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,451
▲ € 16,199 vs 2024
Profit after tax over the fiscal year.
€ 112,954
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 17,000 paid out
97 % of the profit went to the shareholders, mostly to THYRO (100 % of the shares). That is where the money ends up.
People and assets in 2025
1.2
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 135,034
▼ 23% vs 2024
€ 112,500 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.
€ 34,851
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,188
▼ 56% vs 2024
€ 21,648 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 45,601
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,186
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 470,230 | € 368,748 | € 271,197 | € 256,997 | ▼ 5% |
| Profit after taxes | € 128,078 | € 55,020 | € 1,252 | € 17,451 | ▲ € 16,199 |
| Equity | € 1,563,690 | € 1,563,690 | € 1,564,942 | € 1,565,394 | |
| Total debts | € 392,949 | € 403,920 | € 455,168 | € 346,566 | ▼ 24% |
| Cash | € 116,788 | € 321,573 | € 281,145 | € 112,954 | ▼ 60% |
| Land & buildings | € 162,364 | € 149,015 | € 135,666 | € 122,317 | ▼ 10% |
| Retained profit | € 669,690 | € 669,690 | € 670,942 | € 671,394 | |
| Dividend | € 181,222 | € 55,020 | € 0 | € 17,000 | |
| Bank debt | € 199,620 | € 120,141 | € 102,088 | € 45,188 | ▼ 56% |
| Balance sheet total | € 1,956,640 | € 1,967,610 | € 2,020,111 | € 1,911,959 | ▼ 5% |
| Employees (FTE) | 3.5 | 3 | 2.3 | 1.2 | ▼ 1.1 |
Key figures of THYS HOUT, 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 June 2027.
What happened to THYS HOUT?
What happened at THYS HOUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,451 (▲ € 16,199 vs 2024). Source: NBB ↗
- Benjamin Thys became a director. NBB
- THYRO NV became a director. NBB
- Dirk Thys became a director. NBB
- New establishment in Kapellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 128,078 profit in 2022 to € 17,451 profit in 2025.
Paid € 73,796 in corporate taxes since 2022.
Best year ever: 2022, with € 128,078 profit.
On average € 214,200 of value added per employee in 2025.
Management
The stake of THYRO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THYS HOUTBehind THYS HOUT are THYRO NV, Dirk Thys and Benjamin Thys. The shares are held by THYRO (99.9%).
Directors
According to the 2025 annual accounts
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Starrenhoflaan 22
2950 Kapellen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0471.906.285
- VAT number
- BE 0471.906.285
- Registered office
- Starrenhoflaan 22, 2950 Kapellen
- Names & denominations
- THYS HOUT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 2000
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Groothandel in hout
Zagen en schaven van hout