What does THYS AND CO do?

THYS AND CO is a specialised building contractor in Erquelinnes. Private Limited, started on 8 March 2022, 1 establishment.

What is the address of THYS AND CO?

The registered office of THYS AND CO is located at Rue du Conroye 48, 6560 Erquelinnes.

Is THYS AND CO still active?

Yes. According to the CBE (30 October 2026) THYS AND CO is active, legal situation “Normale toestand”, started on 8 March 2022.

Is THYS AND CO registered on Peppol?

Yes, THYS AND CO is registered on the Peppol network with ID 0208:0782990433.

What is the enterprise number of THYS AND CO?

The enterprise number of THYS AND CO is BE0782990433.

When was THYS AND CO founded?

THYS AND CO was founded on 8 March 2022.

Who are the directors of THYS AND CO?

According to the 2025 annual accounts, the directors of THYS AND CO are: Ludovic Thys.

Is THYS AND CO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 March 2022; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did THYS AND CO make in 2025?

THYS AND CO posted a profit after taxes of € 99 in financial year 2025.

What is the revenue of THYS AND CO?

As a small company, THYS AND CO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 87,391.

How much does an employee at THYS AND CO earn?

The average wage cost per full-time employee at THYS AND CO was € 55,100 in 2023: staff costs of € 55,145 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

THYS AND CO (Private Limited) - Erquelinnes

Dossier THYS AND CO, printed on 30 October 2026 from databakkes.be/en/0782990433/thys-and-co. 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.

Figures corrected NBB

Corrected annual account filed for 2022, 2023, 2024.

Financials

Financial year 2025

THYS AND CO from Erquelinnes, company number BE0782990433, closed financial year 2025 with a result of € 99 after tax. For that financial year THYS AND CO recorded a gross margin of € 87,391 and equity of € 15,575. Compared with financial year 2024, the result moved from € -2,793 to € 99. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Healthy

€ 15,575

▼ 39% vs 2024

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

Profit Growing

€ 99

▲ still € 2,793 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 14,785

▼ 35% vs 2024

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

Where the profit goes Pays out

€ 10,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 60,617

▲ 5% vs 2024

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

€ 13,624

▲ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 90,971

▼ 15% vs 2024

€ 26,747 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 19,859

▲ 56% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 11,051

▼ 28% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 116,987 Gross margin 2022: € 116,987 First fiscal year in the series	€ 79,145 Gross margin 2023: € 79,145 ▼ 32% vs 2022 (€ 116,987) Unfavourable step	€ 79,360 Gross margin 2024: € 79,360 Unchanged (€ 79,145) Favourable step	€ 87,391 Gross margin 2025: € 87,391 ▲ 10% vs 2024 (€ 79,360) Favourable step	▲ 10%
Profit after taxes	€ 27,485 Profit after taxes 2022: € 27,485 First fiscal year in the series	€ -3,217 Profit after taxes 2023: € -3,217 ▼ € 30,702 vs 2022 (€ 27,485) Unfavourable step	€ -2,793 Profit after taxes 2024: € -2,793 ▲ € 424 vs 2023 (€ -3,217) Favourable step	€ 99 Profit after taxes 2025: € 99 ▲ € 2,892 vs 2024 (€ -2,793) Favourable step	▲ € 2,892
Equity	€ 31,485 Equity 2022: € 31,485 First fiscal year in the series	€ 28,268 Equity 2023: € 28,268 ▼ 10% vs 2022 (€ 31,485) Unfavourable step	€ 25,475 Equity 2024: € 25,475 ▼ 10% vs 2023 (€ 28,268) Unfavourable step	€ 15,575 Equity 2025: € 15,575 ▼ 39% vs 2024 (€ 25,475) Unfavourable step	▼ 39%
Total debts	€ 194,174 Total debts 2022: € 194,174 First fiscal year in the series	€ 175,846 Total debts 2023: € 175,846 ▼ 9% vs 2022 (€ 194,174) Favourable step	€ 156,113 Total debts 2024: € 156,113 ▼ 11% vs 2023 (€ 175,846) Favourable step	€ 145,391 Total debts 2025: € 145,391 ▼ 7% vs 2024 (€ 156,113) Favourable step	▼ 7%
Cash	€ 32,779 Cash 2022: € 32,779 First fiscal year in the series	€ 15,730 Cash 2023: € 15,730 ▼ 52% vs 2022 (€ 32,779) Unfavourable step	€ 22,631 Cash 2024: € 22,631 ▲ 44% vs 2023 (€ 15,730) Favourable step	€ 14,785 Cash 2025: € 14,785 ▼ 35% vs 2024 (€ 22,631) Unfavourable step	▼ 35%
Retained profit	€ 27,485 Retained profit 2022: € 27,485 First fiscal year in the series	€ 24,268 Retained profit 2023: € 24,268 ▼ 12% vs 2022 (€ 27,485) Unfavourable step	€ 21,475 Retained profit 2024: € 21,475 ▼ 12% vs 2023 (€ 24,268) Unfavourable step	€ 11,575 Retained profit 2025: € 11,575 ▼ 46% vs 2024 (€ 21,475) Unfavourable step	▼ 46%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 10,000 Dividend 2025: € 10,000 Unchanged (€ 0) Unchanged
Bank debt	€ 148,311 Bank debt 2022: € 148,311 First fiscal year in the series	€ 126,918 Bank debt 2023: € 126,918 ▼ 14% vs 2022 (€ 148,311) Favourable step	€ 107,100 Bank debt 2024: € 107,100 ▼ 16% vs 2023 (€ 126,918) Favourable step	€ 90,971 Bank debt 2025: € 90,971 ▼ 15% vs 2024 (€ 107,100) Favourable step	▼ 15%
Balance sheet total	€ 225,659 Balance sheet total 2022: € 225,659 First fiscal year in the series	€ 204,115 Balance sheet total 2023: € 204,115 ▼ 10% vs 2022 (€ 225,659) Unchanged	€ 181,589 Balance sheet total 2024: € 181,589 ▼ 11% vs 2023 (€ 204,115) Unchanged	€ 160,966 Balance sheet total 2025: € 160,966 ▼ 11% vs 2024 (€ 181,589) Unchanged	▼ 11%
Employees (FTE)	0.8 Employees (FTE) 2022: 0.8 First fiscal year in the series	1 Employees (FTE) 2023: 1 ▲ 0.2 vs 2022 (0.8) Unchanged	-	-

Key figures of THYS AND CO, 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 July 2027.

What happened to THYS AND CO?

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

Jun 26, 2026 New annual accounts for financial year 2025: profit of € 99. Source: NBB ↗
Mar 8, 2022 New establishment in Erquelinnes. KBO
Mar 8, 2022 Start of the company according to the CBE. KBO

In short

From € 27,485 profit in 2022 to € 99 profit in 2025.

Paid € 6,496 in corporate taxes since 2022.

Best year ever: 2022, with € 27,485 profit.

On average € 79,100 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Ludovic Thys

THYS AND CO

Behind THYS AND CO is Ludovic Thys.

Directors

According to the 2025 annual accounts

Ludovic Thys

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Conroye 48

6560 Erquelinnes

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

Details

Company number

0782.990.433

VAT number

BE 0782.990.433

Registered office

Rue du Conroye 48, 6560 Erquelinnes

Names & denominations

THYS AND CO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 March 2022

Peppol

Active · Active since 14 Dec 2025

Activities · NACE

Dakwerkzaamheden

Landschapsverzorging

Overige reiniging van gebouwen; industriële reiniging

Schrijnwerk

Overige gespecialiseerde bouwactiviteiten, neg

Algemene reiniging van gebouwen

Waterdichtingswerken van muren

Overige gespecialiseerde bouwwerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

THYS AND CO

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Financials

What happened to THYS AND CO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions