What is the address of THREO?

The registered office of THREO is located at Elsbergestraat 19, 8800 Roeselare.

Is THREO still active?

Yes. According to the CBE (30 October 2026) THREO is active, legal situation “Normale toestand”, started on 20 June 1964.

Is THREO registered on Peppol?

No, THREO is currently not registered on the Peppol network.

What is the enterprise number of THREO?

The enterprise number of THREO is BE0405532650.

When was THREO founded?

THREO was founded on 20 June 1964.

Who are the directors of THREO?

According to the 2025 annual accounts, the directors of THREO are: Ellen Vanhoutte, Fidem BV.

Is THREO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 June 1964; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did THREO make in 2025?

THREO recorded a loss after taxes of € 54,700 in financial year 2025.

What is the revenue of THREO?

As a small company, THREO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 45,679.

How much does an employee at THREO earn?

The average wage cost per full-time employee at THREO was € 73,300 in 2023: staff costs of € 1.5 million for 20.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does THREO have?

According to the 2025 annual accounts, THREO has 0 full-time equivalents (FTE).

THREO (Private Limited) - Roeselare - BE0405532650

Dossier THREO, printed on 30 October 2026 from databakkes.be/en/0405532650/threo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

THREO from Roeselare, company number BE0405532650, closed financial year 2025 with a result of € -54,700 after tax. For that financial year THREO recorded a gross margin of € 45,679 and equity of € -97,716. Compared with financial year 2024, the result moved from € -69,014 to € -54,700. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Caution

€ -97,716

▼ € 54,700 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -54,700

▲ 21 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 94,474

▼ 30% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -99,940.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 458,250

Of which on lease € 458,250.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 464,383

▼ 13% vs 2024

€ 63,040 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 128

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,753,708 Gross margin 2022: € 1,753,708 First fiscal year in the series	€ 1,960,542 Gross margin 2023: € 1,960,542 ▲ 12% vs 2022 (€ 1,753,708) Favourable step	€ 65,308 Gross margin 2024: € 65,308 ▼ 97% vs 2023 (€ 1,960,542) Unfavourable step	€ 45,679 Gross margin 2025: € 45,679 ▼ 30% vs 2024 (€ 65,308) Unfavourable step	▼ 30%
Profit after taxes	€ 60,209 Profit after taxes 2022: € 60,209 First fiscal year in the series	€ 199,589 Profit after taxes 2023: € 199,589 ▲ 231% vs 2022 (€ 60,209) Favourable step	€ -69,014 Profit after taxes 2024: € -69,014 ▼ € 268,603 vs 2023 (€ 199,589) Unfavourable step	€ -54,700 Profit after taxes 2025: € -54,700 ▲ € 14,314 vs 2024 (€ -69,014) Favourable step	▲ € 14,314
Equity	€ 19,604 Equity 2022: € 19,604 First fiscal year in the series	€ 219,193 Equity 2023: € 219,193 ▲ € 199,589 vs 2022 (€ 19,604) Favourable step	€ -43,016 Equity 2024: € -43,016 ▼ € 262,209 vs 2023 (€ 219,193) Unfavourable step	€ -97,716 Equity 2025: € -97,716 ▼ € 54,700 vs 2024 (€ -43,016) Unfavourable step	▼ € 54,700
Total debts	€ 1,971,159 Total debts 2022: € 1,971,159 First fiscal year in the series	€ 1,841,854 Total debts 2023: € 1,841,854 ▼ 7% vs 2022 (€ 1,971,159) Favourable step	€ 1,034,619 Total debts 2024: € 1,034,619 ▼ 44% vs 2023 (€ 1,841,854) Favourable step	€ 954,823 Total debts 2025: € 954,823 ▼ 8% vs 2024 (€ 1,034,619) Favourable step	▼ 8%
Cash	€ 340,002 Cash 2022: € 340,002 First fiscal year in the series	€ 376,647 Cash 2023: € 376,647 ▲ 11% vs 2022 (€ 340,002) Favourable step	€ 135,184 Cash 2024: € 135,184 ▼ 64% vs 2023 (€ 376,647) Unfavourable step	€ 94,474 Cash 2025: € 94,474 ▼ 30% vs 2024 (€ 135,184) Unfavourable step	▼ 30%
Land & buildings	€ 870,071 Land & buildings 2022: € 870,071 First fiscal year in the series	€ 799,802 Land & buildings 2023: € 799,802 ▼ 8% vs 2022 (€ 870,071) Unchanged	€ 719,290 Land & buildings 2024: € 719,290 ▼ 10% vs 2023 (€ 799,802) Unchanged	€ 180,527 Land & buildings 2025: € 180,527 ▼ 75% vs 2024 (€ 719,290) Unchanged	▼ 75%
Retained profit	€ 854 Retained profit 2022: € 854 First fiscal year in the series	€ 200,443 Retained profit 2023: € 200,443 ▲ € 199,589 vs 2022 (€ 854) Favourable step	€ -45,240 Retained profit 2024: € -45,240 ▼ € 245,683 vs 2023 (€ 200,443) Unfavourable step	€ -99,940 Retained profit 2025: € -99,940 ▼ € 54,700 vs 2024 (€ -45,240) Unfavourable step	▼ € 54,700
Dividend	€ 614,000 Dividend 2022: € 614,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 614,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 773,808 Bank debt 2022: € 773,808 First fiscal year in the series	€ 743,219 Bank debt 2023: € 743,219 ▼ 4% vs 2022 (€ 773,808) Favourable step	€ 535,211 Bank debt 2024: € 535,211 ▼ 28% vs 2023 (€ 743,219) Favourable step	€ 464,383 Bank debt 2025: € 464,383 ▼ 13% vs 2024 (€ 535,211) Favourable step	▼ 13%
Balance sheet total	€ 1,990,763 Balance sheet total 2022: € 1,990,763 First fiscal year in the series	€ 2,061,046 Balance sheet total 2023: € 2,061,046 ▲ 4% vs 2022 (€ 1,990,763) Unchanged	€ 991,602 Balance sheet total 2024: € 991,602 ▼ 52% vs 2023 (€ 2,061,046) Unchanged	€ 857,106 Balance sheet total 2025: € 857,106 ▼ 14% vs 2024 (€ 991,602) Unchanged	▼ 14%
Employees (FTE)	21.4 Employees (FTE) 2022: 21.4 First fiscal year in the series	20.6 Employees (FTE) 2023: 20.6 ▼ 0.8 vs 2022 (21.4) Unchanged	0 Employees (FTE) 2024: 0 ▼ 20.6 vs 2023 (20.6) Unchanged	0 Employees (FTE) 2025: 0 Unchanged (0) Unchanged

Key figures of THREO, 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 THREO?

What happened at THREO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 29, 2026 New annual accounts for financial year 2025: loss of € 54,700. Source: NBB ↗
2024 Ellen Vanhoutte became a director. NBB
Jun 20, 1964 Start of the company according to the CBE. KBO
Jun 1, 1964 New establishment in Roeselare. KBO

In short

From € 60,209 profit in 2022 to € 54,700 loss in 2025.

Paid € 125,002 in corporate taxes since 2022.

Best year ever: 2023, with € 199,589 profit.

On average € 95,200 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

FIDEM 100%

The stake of FIDEM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

THREO

Behind THREO are Ellen Vanhoutte and Fidem BV. The shares are held by FIDEM (100%).

Directors

According to the 2025 annual accounts

Ellen Vanhoutte

Director

Also active at: FIDEM

since 2024

Fidem BV

Director · represented by Filip Demey

Also active at: Demey INFRAbureau

Shareholders

FIDEM

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Elsbergestraat 19

8800 Roeselare

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

FIDEM same network

€ 51,014 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0405.532.650
VAT number: BE 0405.532.650
Registered office: Elsbergestraat 19, 8800 Roeselare
Names & denominations: THREO
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 20 June 1964
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗