ACTIVE

GROUP THYS

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Financial year 2025 · Closed on 30/11/2025

Net result3,2 M €-24,5 %over 1 year

Revenue46,8 M €-12,1 %over 1 year

Equity19,1 M €+19,9 %over 1 year

Workforce55,2 ETP-2,1 %over 1 year

Identity

Source · BCE/KBO

GROUP THYS is a Public limited company incorporated in 1988. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Kapellen. It employs on average 55,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0433.355.121
Incorporation: 12/02/1988
Legal form: Public limited company
Registered office: Kapelsestraat 127
2950 Kapellen · FlandreSee on map
Contributed capital: 500 000,00 €
Latest accounts: 30/11/2025
Average workforce: 55,2 ETP

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16250Manufacture of products of wood, cork, straw and plaiting materials 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 43320Joinery installation 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories+3

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2022		2021		2019
Income statement
Revenue	46,8 M €	-12.1%	53,2 M €	-14.6%	62,3 M €	-0.8%	62,8 M €	+45.4%	43,2 M €
EBITDA	5,2 M €	-15.9%	6,2 M €	-27.5%	8,5 M €	-15.5%	10,1 M €	+120%	4,6 M €
Operating result	4,3 M €	-22.0%	5,5 M €	-32.1%	8 M €	-16.9%	9,7 M €	+125%	4,3 M €
Net result	3,2 M €	-24.5%	4,2 M €	-32.3%	6,2 M €	-18.3%	7,6 M €	+135%	3,2 M €
Balance sheet
Equity	19,1 M €	+19.9%	15,9 M €	-8.4%	17,4 M €	+55.5%	11,2 M €	+78.7%	6,2 M €
Total assets	28,6 M €	+9.5%	26,2 M €	-14.0%	30,4 M €	-1.1%	30,8 M €	+53.8%	20 M €
Cash	2,8 M €	+87.2%	1,5 M €	+82.3%	806,2 k €	-66.6%	2,4 M €	+246%	696,9 k €
Debts	9,3 M €	-6.8%	10 M €	-21.6%	12,7 M €	-33.9%	19,2 M €	+40.1%	13,7 M €
Other
Workforce	55,2 ETP	-2.1%	56,4 ETP	-16.2%	67,3 ETP	+6.2%	63,4 ETP	+23.1%	51,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/11/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Thys Holding0505.830.650Represented by Luc Thys	Managing director05/01/2015 → 30/04/2027
CAPT CONSULTING0820.590.306Represented by Tiffany Thys	Director01/01/2024 → 30/04/2027
HEYMANS & CO.0475.281.093Represented by Damien Heymans	Director01/01/2021 → 30/06/2026
Sabine KREUSCH	Director01/02/2002 → 30/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Damien Heymans	Director05/01/2015 → 2021 accounts
TK CONSULTING NV0466.863.473Represented by Sabine Kreusch	Director27/04/2018 → 24/05/2018

Other companies at this address

Kapelsestraat 127 2950 Kapellen

Company	CBE no.
Thys Holding● Active	0505.830.650

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/12/2024	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019
Closing of the financial year	30/11/2025	30/11/2024	30/11/2023	30/11/2022	30/11/2021	30/11/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	26/06/2025	26/06/2024	14/06/2023	19/05/2022	11/06/2021
General meeting	30/06/2026	23/06/2025	25/06/2024	31/05/2023	06/05/2022	01/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/11/2025	30/06/2026	09/07/2026	Dutch	PDF
Full model	30/11/2024	23/06/2025	26/06/2025	Dutch	PDF
Full model	30/11/2023	25/06/2024	26/06/2024	Dutch	PDF
Full model	30/11/2022	31/05/2023	14/06/2023	Dutch	PDF
Full model	30/11/2021	06/05/2022	19/05/2022	Dutch	PDF
Full model	30/11/2020	01/06/2021	11/06/2021	Dutch	PDF
Full model	30/11/2019	19/06/2020	22/06/2020	Dutch	PDF
Full model	30/11/2018	26/04/2019	10/05/2019	Dutch	PDF
Full model	30/11/2017	27/04/2018	25/05/2018	Dutch	PDF
Full model	30/11/2016	28/04/2017	03/05/2017	Dutch	PDF
Full model	30/11/2015	29/04/2016	23/05/2016	Dutch	PDF
Full model	30/11/2014	24/04/2015	08/05/2015	Dutch	PDF
Full model	30/11/2013	25/04/2014	28/04/2014	Dutch	PDF
Full model	30/11/2012	26/04/2013	17/05/2013	Dutch	PDF
Full model	30/11/2011	27/04/2012	14/05/2012	Dutch	PDF
Full model	30/11/2010	29/04/2011	26/05/2011	Dutch	PDF
Full model	31/01/2010	25/06/2010	28/06/2010	Dutch	PDF
Full model	31/01/2009	26/06/2009	01/07/2009	Dutch	PDF
Full model	31/01/2008	27/06/2008	01/09/2008	Dutch	PDF
Full model	31/01/2007	29/06/2007	05/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/11/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Thys Holding0505.830.650Represented by Luc Thys	Managing director05/01/2015 → 30/04/2027
CAPT CONSULTING0820.590.306Represented by Tiffany Thys	Director01/01/2024 → 30/04/2027
HEYMANS & CO.0475.281.093Represented by Damien Heymans	Director01/01/2021 → 30/06/2026
Sabine KREUSCH	Director01/02/2002 → 30/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Damien Heymans	Director05/01/2015 → 2021 accounts
TK CONSULTING NV0466.863.473Represented by Sabine Kreusch	Director27/04/2018 → 24/05/2018

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates21/10/2026
Herbenoeming van bestuurders - Hernieuwing van het mandaat van de
PDF
Mandates11/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other11/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/07/2020
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Thys Holding

CAPT CONSULTING

HEYMANS & CO.

Sabine KREUSCH

TK CONSULTING NV

Damien Heymans

T.E.C. CONSULT

THYS CONSULTING

ELCATOM

1988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

GROUP THYSTHYS INTERIEUR INDUSTRIE

Kapelsestraat 127, 2950 Kapellen

Managing director

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kapelsestraat 127, 2950 KapellenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00272118

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GROUP THYSCurrent	accounts 2010 → 2025	Accounts 2025 · 2026-00272118
THYS INTERIEUR INDUSTRIE	accounts 2007 → 2010	Accounts 2010 · 2010-23200281

Events

2025
Annual accounts 20253,2 M €↓
2024
Annual accounts 20244,2 M €↓
2022
Annual accounts 20226,2 M €↓
2021
Annual accounts 20217,6 M €↑
2019
Annual accounts 20193,2 M €↑
2018
Annual accounts 20183 M €↑
2017
Annual accounts 20173 M €↑
2016
Annual accounts 2016519,6 k €↓
2015
Annual accounts 20152,7 M €↓
2014
Annual accounts 20144 M €↑
2013
Annual accounts 20133,7 M €↑
2012
Annual accounts 20123,5 M €↑
2011
Annual accounts 20113 M €↑
2010
Annual accounts 20102,3 M €↑
2010
Name changeGROUP THYS
2010
Annual accounts 20102,3 M €↑
2009
Annual accounts 20091,9 M €↑
2008
Annual accounts 2008851,8 k €↓
2007
Annual accounts 20071,1 M €
12/02/1988
IncorporationPublic limited company

GROUP THYS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events