ACTIVE

Decoratie Thuyn Gebr.

Export PDF

Financial year 2024 · Closed on 31/12/2024

Net result248,1 k €+6,1 %over 1 year

Gross margin1 M €-8,9 %over 1 year

Equity4,5 M €+5,9 %over 1 year

Workforce1,3 ETP-18,8 %over 1 year

Identity

Source · BCE/KBO

Decoratie Thuyn Gebr. is a Public limited company incorporated in 1989. Its registered office is in Brugge. It employs on average 1,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0439.384.066
Incorporation: 28/12/1989
Legal form: Public limited company
Registered office: Blankenbergse Steenweg 378
8000 Brugge · FlandreSee on map
Contributed capital: 500 000,00 €
Latest accounts: 31/12/2024
Average workforce: 1,3 ETP

Joint committees (4)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	1 M €	-8.9%	1,2 M €	+50.6%	765,2 k €	-37.2%	1,2 M €	+57.9%	771,5 k €
EBITDA	775,4 k €	-3.3%	802,1 k €	+45.9%	549,9 k €	-41.3%	936,6 k €	+90.4%	492 k €
Operating result	609,5 k €	-5.3%	643,4 k €	+55.8%	412,9 k €	-43.3%	727,6 k €	+120%	330,9 k €
Net result	248,1 k €	+6.1%	233,9 k €	+19.6%	195,6 k €	-49.4%	386,5 k €	+120%	175,5 k €
Balance sheet
Equity	4,5 M €	+5.9%	4,2 M €	+5.8%	4 M €	+5.1%	3,8 M €	+11.3%	3,4 M €
Total assets	12,5 M €	-11.3%	14,1 M €	-11.5%	15,9 M €	+32.1%	12 M €	+7.2%	11,2 M €
Cash	116,8 k €	+98.4%	58,9 k €	-96.4%	1,6 M €	+12.0%	1,4 M €	+420%	278,5 k €
Debts	7,9 M €	-18.8%	9,8 M €	-17.4%	11,8 M €	+44.8%	8,2 M €	+4.9%	7,8 M €
Other
Workforce	1,3 ETP	-18.8%	1,6 ETP	-5.9%	1,7 ETP	-22.7%	2,2 ETP	-18.5%	2,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 20 ended

Active mandates

Bram Thuyn

Managing director

Active

Geert Thuyn

Managing director

Active

THUYN INVEST

Managing director · 0633.815.123

Represented by Stefaan Thuyn

Active

Ended mandates

Bram Thuyn

Managing director · since 19 juin 2020 · until 19 juin 2026

Ended

Brecht Thuyn

Director · since 19 juin 2020 · until 19 juin 2026

Ended

THUYN INVEST

Managing director · since 18 juin 2020 · until 18 juin 2026 · 0633.815.123

Represented by Stefaan Thuyn

Ended

THUYN INVEST

Managing director · since 01 janvier 2016 · 0633.815.123

Ended

Other companies at this address

Blankenbergse Steenweg 378 8000 Brugge

Company	CBE no.
BT CONSULT● Active	0825.578.579
Exclusief Vastgoed● Active	0785.316.750
GRUUTEHOF● Active	0448.502.363
LAVA● Active	0445.073.117
THUYN INVEST● Active	0633.815.123

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/11/2025	12/11/2024	10/10/2023	18/10/2022	17/12/2021	26/11/2020
General meeting	20/05/2025	20/05/2024	20/05/2023	14/07/2022	15/07/2021	16/07/2020
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	20/05/2025	18/11/2025	Dutch	PDF
Abridged model	31/12/2023	20/05/2024	12/11/2024	Dutch	PDF
Abridged model	31/12/2022	20/05/2023	10/10/2023	Dutch	PDF
Abridged model	31/12/2021	14/07/2022	18/10/2022	Dutch	PDF
Abridged model	31/12/2020	15/07/2021	17/12/2021	Dutch	PDF
Abridged model	31/12/2019	16/07/2020	26/11/2020	Dutch	PDF
Abridged model	31/12/2018	18/05/2019	10/10/2019	Dutch	PDF
Abridged model	31/12/2017	24/06/2018	18/09/2018	Dutch	PDF
Micro model	31/12/2016	20/05/2017	04/10/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	20/05/2015	28/09/2015	Dutch	PDF
Abridged model	31/12/2013	20/05/2014	21/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	30/10/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	29/09/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	20/05/2009	21/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/05/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	20/05/2007	20/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024

3 active · 20 ended

Active mandates

Bram Thuyn

Managing director

Active

Geert Thuyn

Managing director

Active

THUYN INVEST

Managing director · 0633.815.123

Represented by Stefaan Thuyn

Active

Ended mandates

Bram Thuyn

Managing director · since 19 juin 2020 · until 19 juin 2026

Ended

Brecht Thuyn

Director · since 19 juin 2020 · until 19 juin 2026

Ended

THUYN INVEST

Managing director · since 18 juin 2020 · until 18 juin 2026 · 0633.815.123

Represented by Stefaan Thuyn

Ended

THUYN INVEST

Managing director · since 01 janvier 2016 · 0633.815.123

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates31/05/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2017
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates06/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/08/2015
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares15/02/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Registered office24/11/2009
Verplaatsing maatschappelijke zetel
PDF

Similar companies

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

See the Business plan

Timeline

2024
Annual accounts 2024248,1 k €↑
2023
Annual accounts 2023233,9 k €↑
2022
Annual accounts 2022195,6 k €↓
2021
Annual accounts 2021386,5 k €↑
2020
Annual accounts 2020175,5 k €↓
2019
Annual accounts 2019471,5 k €↑
2018
Annual accounts 2018389,6 k €↑
2017
Annual accounts 2017279,3 k €↓
2016
Annual accounts 2016585,7 k €↑
2015
Annual accounts 2015536,9 k €↑
2014
Annual accounts 2014459,6 k €↑
2013
Annual accounts 2013164,3 k €↑
2012
Annual accounts 2012-31,6 k €↓
2011
Annual accounts 201168,2 k €↑
2010
Annual accounts 2010-6,7 k €↓
2009
Annual accounts 20094,9 k €↓
2008
Annual accounts 20088,2 k €↓
2007
Annual accounts 200757 k €↓
2006
Annual accounts 200695,9 k €
28/12/1989
IncorporationPublic limited company

Decoratie Thuyn Gebr.

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