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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TH Trucks Belux from Hooglede, company number BE0405217203, closed financial year 2025 with a result of € 1.4 million after tax. Compared with financial year 2024, the result moved from € 1.7 million to € 1.4 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 9.4 million
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 1,299
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.4 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,329
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 277
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 1,488,154 | € 1,828,357 | € 1,694,768 | € 1,446,254 | ▼ 15% |
| Equity | € 11,977,666 | € 12,106,023 | € 12,350,791 | € 9,397,045 | ▼ 24% |
| Total debts | € 1,811,664 | € 1,708,763 | € 1,462,536 | € 4,414,449 | ▲ 202% |
| Cash | € 987 | € 666 | € 2,806 | € 1,299 | ▼ 54% |
| Retained profit | € 10,877,638 | € 11,005,995 | € 11,250,764 | € 8,297,018 | ▼ 26% |
| Dividend | € 1,800,000 | € 1,700,000 | € 1,450,000 | € 4,400,000 | ▲ 203% |
| Balance sheet total | € 13,789,329 | € 13,814,786 | € 13,813,327 | € 13,811,494 |
Key figures of TH Trucks Belux, 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 TH Trucks Belux?
What happened at TH Trucks Belux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tom Bamelis stepped down as director. NBB
- Bart Dobbels stepped down as director. NBB
- Piet Wauters stepped down as director. NBB
- Turbo's Hoet Group NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▼ 15% vs 2024). Source: NBB ↗
- Tom Bamelis became a director. NBB
- Bart Dobbels became a director. NBB
- Piet Wauters became a director. NBB
In short
From € 1.5 million profit in 2022 to € 1.4 million profit in 2025.
Best year ever: 2023, with € 1.8 million profit.
Paid out € 9.4 million in dividends to the owners in total.
Pays suppliers within 68 days on average.
Management
The shares are held by Turbo's Hoet Group NV (99.7%) and Immo Spillier NV (0.3%). It owns 100% of TH Trucks Ieper, 100% of TH Trucks Brugge, 100% of TH Trucks Charleroi, 99.9% of TH Trucks Kortrijk, 99.9% of TH Trucks Luxembourg and 99.9% of TH Trucks Hainaut itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
Piet Wauters
Managing director
Also active at: TH Trucks Kortrijk, TH Trucks Namur, TH Trucks Brugge, TH Trucks Brussel, TH Trucks Liège, TH Trucks Charleroi, TURBO'S HOET RUSSIA
since 2024 · until 2030
since 2024 · until 2030
Shareholders
99.7%
0.3%
Participations
100%
100%
100%
99.9%
TH Trucks Luxembourg
99.9%
99.9%
99.9%
99.6%
99.6%
99.2%
57.1%
Establishments
Establishment units
Physical locations of this company
Bruggesteenweg 249
8830 Hooglede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →HOET TRUCKING & RENTING
€ 181.1 million revenue · 2025
TURBO'S HOET BELGIUM
€ 14.5 million revenue · 2025
TH Trucks Brugge same network
€ 4 million revenue · 2025
TH Trucks Ieper same network
€ 3.8 million revenue · 2025
TH Trucks Brussel same network
€ 10.2 million revenue · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.217.203
- VAT number
- BE 0405.217.203
- Registered office
- Bruggesteenweg 249, 8830 Hooglede
- Names & denominations
- TH Trucks Belux
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)