ACTIVE

GROUP THYS

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Financial year 2025 · closed on 30/11/2025
Net result
3,2 M €
-24.5% YoY
Revenue
46,8 M €
-12.1% YoY
Equity
19,1 M €
+19.9% YoY
Workforce
55,2 ETP
-2.1% YoY

What does GROUP THYS do?

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· main16250Manufacture of products of wood, cork, straw and plaiting materials20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics43320Joinery installation43320Joinery installation45421Sale, maintenance and repair of motorcycles and related parts and accessories+3
Joint committees (3)
  • 126
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242022202120192018201720162015201420132012201120102010200920082007
Income statement
Revenue46,8 M €53,2 M €62,3 M €62,8 M €43,2 M €40,8 M €40,6 M €40,9 M €37,4 M €36,4 M €36,2 M €37 M €34,7 M €27,5 M €28,6 M €26,5 M €24,9 M €27,2 M €
EBITDA5,2 M €6,2 M €8,5 M €10,1 M €4,6 M €4,7 M €4,1 M €4,3 M €3,9 M €6,2 M €6,1 M €5,8 M €5,2 M €3,9 M €4 M €3,6 M €2 M €2,2 M €
Operating result4,3 M €5,5 M €8 M €9,7 M €4,3 M €4,3 M €4,1 M €4 M €3,7 M €6 M €5,9 M €5,7 M €5 M €3,7 M €3,7 M €3,4 M €1,6 M €2 M €
Net result3,2 M €4,2 M €6,2 M €7,6 M €3,2 M €3 M €3 M €519,6 k €2,7 M €4 M €3,7 M €3,5 M €3 M €2,3 M €2,3 M €1,9 M €851,8 k €1,1 M €
Balance sheet
Equity19,1 M €15,9 M €17,4 M €11,2 M €6,2 M €7,7 M €9,1 M €8,1 M €8,1 M €8 M €8 M €8 M €8 M €7 M €5,9 M €4,9 M €3,5 M €2,6 M €
Total assets28,6 M €26,2 M €30,4 M €30,8 M €20 M €17,5 M €16,9 M €17,3 M €19,1 M €18,3 M €20,6 M €19,7 M €20,2 M €16,8 M €14,3 M €14,2 M €13,8 M €12 M €
Cash2,8 M €1,5 M €806,2 k €2,4 M €696,9 k €1 M €538,7 k €1 M €833,2 k €3,4 M €4,9 M €4,5 M €3,2 M €960,2 k €186,6 k €491,4 k €418,5 k €273 k €
Debts9,3 M €10 M €12,7 M €19,2 M €13,7 M €9,8 M €7,8 M €9 M €10,7 M €10,2 M €11,9 M €11,1 M €11,5 M €9,2 M €8,3 M €9,3 M €10,2 M €9,2 M €
Other
Workforce55,2 ETP56,4 ETP67,3 ETP63,4 ETP51,5 ETP49,5 ETP49,7 ETP45,5 ETP43,5 ETP28,5 ETP28,8 ETP27,1 ETP25,9 ETP25,2 ETP25,6 ETP26,7 ETP30,1 ETP27,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/11/2025 · 4 active · 25 ended

Active mandates

Thys Holding

Managing director · since 04 juin 2024 · until 30 avril 2027 · 0505.830.650

Represented by Luc Thys

Active
CAPT CONSULTING

Director · since 01 janvier 2024 · until 30 avril 2027 · 0820.590.306

Represented by Tiffany Thys

Active
HEYMANS & CO.

Director · since 01 janvier 2021 · until 30 juin 2026 · 0475.281.093

Represented by Damien Heymans

Active
Sabine KREUSCH

Director · since 24 avril 2020 · until 30 juin 2026

Active

Ended mandates

HEYMANS & CO.

Director · since 01 janvier 2021 · until 24 avril 2026 · 0475.281.093

Represented by Damien Heymans

Ended
Sabine KREUSCH

Director · since 24 avril 2020 · until 24 avril 2026

Ended
Damien Heymans

Director · since 27 avril 2018 · until 11 juin 2021

Ended
Damien Heymans

Director · since 27 avril 2018 · until 26 avril 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
Thys Holding● Active
0505.830.650
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/12/202401/12/202301/12/202201/12/202101/12/202001/12/2019
Closing of the financial year30/11/202530/11/202430/11/202330/11/202230/11/202130/11/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/07/202626/06/202526/06/202414/06/202319/05/202211/06/2021
General meeting30/06/202623/06/202525/06/202431/05/202306/05/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/11/202530/06/202609/07/2026DutchPDF
Full model30/11/202423/06/202526/06/2025DutchPDF
Full model30/11/202325/06/202426/06/2024DutchPDF
Full model30/11/202231/05/202314/06/2023DutchPDF
Full model30/11/202106/05/202219/05/2022DutchPDF
Full model30/11/202001/06/202111/06/2021DutchPDF
Full model30/11/201919/06/202022/06/2020DutchPDF
Full model30/11/201826/04/201910/05/2019DutchPDF
Full model30/11/201727/04/201825/05/2018DutchPDF
Full model30/11/201628/04/201703/05/2017DutchPDF
Full model30/11/201529/04/201623/05/2016DutchPDF
Full model30/11/201424/04/201508/05/2015DutchPDF
Full model30/11/201325/04/201428/04/2014DutchPDF
Full model30/11/201226/04/201317/05/2013DutchPDF
Full model30/11/201127/04/201214/05/2012DutchPDF
Full model30/11/201029/04/201126/05/2011DutchPDF
Full model31/01/201025/06/201028/06/2010DutchPDF
Full model31/01/200926/06/200901/07/2009DutchPDF
Full model31/01/200827/06/200801/09/2008DutchPDF
Full model31/01/200729/06/200705/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/11/2025 · 4 active · 25 ended

Active mandates

Thys Holding

Managing director · since 04 juin 2024 · until 30 avril 2027 · 0505.830.650

Represented by Luc Thys

Active
CAPT CONSULTING

Director · since 01 janvier 2024 · until 30 avril 2027 · 0820.590.306

Represented by Tiffany Thys

Active
HEYMANS & CO.

Director · since 01 janvier 2021 · until 30 juin 2026 · 0475.281.093

Represented by Damien Heymans

Active
Sabine KREUSCH

Director · since 24 avril 2020 · until 30 juin 2026

Active

Ended mandates

HEYMANS & CO.

Director · since 01 janvier 2021 · until 24 avril 2026 · 0475.281.093

Represented by Damien Heymans

Ended
Sabine KREUSCH

Director · since 24 avril 2020 · until 24 avril 2026

Ended
Damien Heymans

Director · since 27 avril 2018 · until 11 juin 2021

Ended
Damien Heymans

Director · since 27 avril 2018 · until 26 avril 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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
  • Mandates25/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20253,2 M €↓
  2. 2024
    Annual accounts 20244,2 M €↓
  3. 2022
    Annual accounts 20226,2 M €↓
  4. 2021
    Annual accounts 20217,6 M €↑
  5. 2019
    Annual accounts 20193,2 M €↑
  6. 2018
    Annual accounts 20183 M €↑
  7. 2017
    Annual accounts 20173 M €↑
  8. 2016
    Annual accounts 2016519,6 k €↓
  9. 2015
    Annual accounts 20152,7 M €↓
  10. 2014
    Annual accounts 20144 M €↑
  11. 2013
    Annual accounts 20133,7 M €↑
  12. 2012
    Annual accounts 20123,5 M €↑
  13. 2011
    Annual accounts 20113 M €↑
  14. 2010
    Annual accounts 20102,3 M €↑
  15. 2010
    Annual accounts 20102,3 M €↑
  16. 2010
    Name changeGroup Thys
  17. 2009
    Annual accounts 20091,9 M €↑
  18. 2008
    Annual accounts 2008851,8 k €↓
  19. 2007
    Annual accounts 20071,1 M €
  20. 2007
    Name changeTHYS INTERIEUR INDUSTRIE
  21. 12/02/1988
    IncorporationPublic limited company