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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Thiry Paints Brussel from Mechelen, company number BE0836936487, closed financial year 2025 with a result of € -175,380 after tax. For that financial year Thiry Paints Brussel recorded a gross margin of € 728,406 and equity of € 366,591. Compared with financial year 2024, the result moved from € -49,181 to € -175,380. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 3, 2026.
€ 366,591
▼ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -175,380
▼ 257 % more loss than in 2024
Profit after tax over the fiscal year.
€ 32,733
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 347,991.
People and assets in 2025
10.5
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 733,894
▲ 34% vs 2024
€ 69,900 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.
€ 16,963
▲ 82% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 990,586
▼ 21% vs 2024
€ 99,318 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 237,596
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 129,181
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 680,773 | € 636,888 | € 643,799 | € 728,406 | ▲ 13% |
| Profit after taxes | € 128,859 | € -20,398 | € -49,181 | € -175,380 | ▼ € 126,199 |
| Equity | € 611,550 | € 591,152 | € 541,971 | € 366,591 | ▼ 32% |
| Total debts | € 1,190,860 | € 1,037,618 | € 1,551,133 | € 1,394,275 | ▼ 10% |
| Cash | € 62,162 | € 66,798 | € 61,608 | € 32,733 | ▼ 47% |
| Retained profit | € 592,950 | € 572,552 | € 523,371 | € 347,991 | ▼ 34% |
| Bank debt | € 850,866 | € 721,635 | € 1,247,363 | € 990,586 | ▼ 21% |
| Balance sheet total | € 1,802,410 | € 1,628,770 | € 2,093,104 | € 1,760,866 | ▼ 16% |
| Employees (FTE) | 8.1 | 9.9 | 10.1 | 10.5 | ▲ 0.4 |
Key figures of Thiry Paints Brussel, 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 Thiry Paints Brussel?
What happened at Thiry Paints Brussel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 175,380. filed late Source: NBB ↗
- New establishment in Jette. KBO
- New establishment in Halle. KBO
- New establishment in Roosdaal. KBO
- Start of the company according to the CBE. KBO
In short
From € 128,859 profit in 2022 to € 175,380 loss in 2025.
Paid € 61,377 in corporate taxes since 2022.
Best year ever: 2022, with € 128,859 profit.
On average € 69,400 of value added per employee in 2025.
Management
The stake of Thiry Paints comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Thiry Paints BrusselBehind Thiry Paints Brussel are Patrick Van Pée, Thiry Paints NV and Emmanuel Deckmyn. The shares are held by Thiry Paints (67%).
Directors
According to the 2025 annual accounts
Patrick Van Pée
Director
Also active at: Novelta, Thiry Paints West-Vlaanderen, Thiry Paints For Professionals, Thiry Paints Limburg, Thiry Paints Antwerpen, DISTRIPAINTS, Thiry Paints Oost-Vlaanderen, BN&F +1 more
Director · represented by Karel Schodts
Emmanuel Deckmyn
Director
Shareholders
67%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Eikestraat 62
2800 Mechelen
Ninoofsesteenweg 243
1760 Roosdaal
Active since 14 June 2011
Bergensesteenweg 445
1500 Halle
Active since 9 September 2015
Bonaventurestraat 51
1090 Jette
Active since 1 June 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0836.936.487
- VAT number
- BE 0836.936.487
- Registered office
- Eikestraat 62, 2800 Mechelen
- Names & denominations
- Thiry Paints Brussel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2011
- Peppol
- Active · Active since 10 Dec 2024
- Contact
- [email protected]
- Activities · NACE
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