NORMAL SITUATION

THYLSPRING

Financial year 2025 · closed on 18/12/2025
Net result
-191,6 €
-100.7% YoY
Gross margin
-50,3 €
-100.2% YoY
Equity
-287,5 k €
-0.1% YoY

Company — Normal situation.

What does THYLSPRING do?

THYLSPRING is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.285.530
Legal form
Private limited company
Latest accounts
18/12/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-50,3 €28,1 k €26,8 k €6,5 k €5,2 k €12 k €91,1 k €34,1 k €29,3 k €37,5 k €33,7 k €34,7 k €52,2 k €150,9 k €176,3 k €173,9 k €84,7 k €98 k €125,9 k €67,7 k €
EBITDA-116 €27,8 k €26,6 k €6,1 k €5,2 k €11,8 k €90,8 k €32,8 k €29 k €36,7 k €33,7 k €34 k €52,2 k €40,4 k €40,7 k €46,8 k €-5,7 k €34,8 k €36,6 k €-12,1 k €
Operating result-116 €27,8 k €26,6 k €5,7 k €4,6 k €10,9 k €89,2 k €22 k €7,5 k €10,6 k €4,4 k €4,4 k €30,2 k €4 k €275 €-13,4 k €-66 k €-24,3 k €-22,9 k €-68 k €
Net result-191,6 €27,4 k €26 k €5,4 k €4,2 k €10,4 k €87,8 k €21,5 k €6,7 k €8,8 k €1,8 k €-1,1 k €19,4 k €-43,3 k €-43,6 k €-60,4 k €-111,8 k €-91,5 k €-84,2 k €-112,1 k €
Balance sheet
Equity-287,5 k €-287,3 k €-314,7 k €-340,7 k €-346,1 k €-350,3 k €-360,8 k €-448,6 k €-470 k €-476,7 k €-485,5 k €-487,3 k €-486,2 k €-510 k €-466,8 k €-423,2 k €-362,8 k €-270,7 k €-179,3 k €-95,1 k €
Total assets71,1 €522,9 €765,5 €5,4 k €5,5 k €10,8 k €12,1 k €102,2 k €103,2 k €125,5 k €150 k €180,1 k €211,5 k €771,9 k €828,1 k €877,4 k €915,5 k €972,8 k €1 M €1,1 M €
Cash71,1 €277,9 €240,7 €1,4 k €1 k €5,3 k €5,4 k €2,2 k €984 €1,4 k €284 €3,7 k €5,2 k €8,7 k €15,3 k €6,8 k €18,2 k €13 k €19,6 k €20,5 k €
Debts287,6 k €287,9 k €315,5 k €346,2 k €351,6 k €361,1 k €372,9 k €550,8 k €573,2 k €602,2 k €635,4 k €667,4 k €697,6 k €1,3 M €1,3 M €1,3 M €1,3 M €1,2 M €1,2 M €1,2 M €
Other
Workforce1,3 ETP3,1 ETP3,1 ETP3,1 ETP3,1 ETP3,1 ETP3,1 ETP
Governance

Board of directors

Seen on filing of 18/12/2025 · 1 active · 2 ended

Active mandates

MICHEL MONFORT

Director

Active

Ended mandates

Michel MONFORT

Manager · since 14 mars 2002

Ended
MICHEL MONFORT

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year18/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202616/04/202528/08/202425/07/202329/08/202231/08/2021
General meeting18/12/202504/03/202530/07/202430/05/202329/08/202221/08/2021
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

25 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model18/12/202518/12/202531/07/2026FrenchPDF
Micro model31/12/202404/03/202516/04/2025FrenchPDF
Micro model31/12/202330/07/202428/08/2024FrenchPDF
Micro model31/12/202230/05/202325/07/2023FrenchPDF
Micro model31/12/202129/08/202229/08/2022FrenchPDF
Micro model31/12/202021/08/202131/08/2021FrenchPDF
Micro model31/12/201924/09/202004/10/2020FrenchPDF
Micro modelCorrection31/12/201828/05/201916/12/2019FrenchPDF
Micro model31/12/201828/05/201922/08/2019FrenchPDF
Micro model31/12/201729/05/201822/08/2018FrenchPDF
Micro model31/12/201630/05/201729/09/2017FrenchPDF
Abridged model31/12/201531/05/201631/08/2016FrenchPDF
Abridged model31/12/201426/05/201530/09/2015FrenchPDF
Abridged model31/12/201327/05/201430/09/2014FrenchPDF
Abridged model31/12/201231/05/201330/09/2013FrenchPDF
Abridged model31/12/201129/05/201228/08/2012FrenchPDF
Abridged model31/12/201031/05/201131/08/2011FrenchPDF
Abridged model31/12/200925/05/201020/09/2010FrenchPDF
Abridged model31/12/200826/05/200931/08/2009FrenchPDF
Abridged model31/12/200727/05/200829/08/2008FrenchPDF
Abridged model31/12/200629/05/200731/08/2007FrenchPDF
Abridged model31/12/200530/05/200622/09/2006FrenchPDF
Abridged model31/12/200424/05/200521/11/2005FrenchPDF
Abridged model31/12/200325/05/200410/11/2004FrenchPDF

View all 25 filings

Estimate

Indicative valuation

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 18/12/2025 · 1 active · 2 ended

Active mandates

MICHEL MONFORT

Director

Active

Ended mandates

Michel MONFORT

Manager · since 14 mars 2002

Ended
MICHEL MONFORT

Manager

Ended
Shareholders

Ownership and network

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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 2025-191,6 €
  2. 2024
    Annual accounts 202427,4 k €
  3. 2023
    Annual accounts 202326 k €
  4. 2022
    Annual accounts 20225,4 k €
  5. 2021
    Annual accounts 20214,2 k €
  6. 2020
    Annual accounts 202010,4 k €
  7. 2019
    Annual accounts 201987,8 k €
  8. 2018
    Annual accounts 201821,5 k €
  9. 2017
    Annual accounts 20176,7 k €
  10. 2016
    Annual accounts 20168,8 k €
  11. 2015
    Annual accounts 20151,8 k €
  12. 2014
    Annual accounts 2014-1,1 k €
  13. 2013
    Annual accounts 201319,4 k €
  14. 2012
    Annual accounts 2012-43,3 k €
  15. 2011
    Annual accounts 2011-43,6 k €
  16. 2010
    Annual accounts 2010-60,4 k €
  17. 2009
    Annual accounts 2009-111,8 k €
  18. 2008
    Annual accounts 2008-91,5 k €
  19. 2007
    Annual accounts 2007-84,2 k €
  20. 2006
    Annual accounts 2006-112,1 k €