Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
-
Busy address KBO
56 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
thg Bruxelles from Lasne, company number BE0415371717, closed financial year 2025 with a result of € -220,740 after tax. For that financial year thg Bruxelles recorded a gross margin of € 1.8 million and equity of € 359,064. Compared with financial year 2024, the result moved from € 770,850 to € -220,740. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 359,064
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -220,740
▼ still € 770,850 profit in 2024
Profit after tax over the fiscal year.
€ 77,650
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 297,064.
People and assets in 2025
21.7
▲ 5.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 35% vs 2024
€ 69,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 115,288
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 183,920
▲ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 409,864
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 2,520,183 | - | |
| Gross margin | € 1,032,214 | € 1,305,196 | € 2,410,318 | € 1,836,975 | ▼ 24% |
| Profit after taxes | € 56,444 | € -87,856 | € 770,850 | € -220,740 | ▼ € 991,589 |
| Equity | € 158,039 | € 67,565 | € 598,643 | € 359,064 | ▼ 40% |
| Total debts | € 3,212,549 | € 3,261,137 | € 2,387,082 | € 2,090,880 | ▼ 12% |
| Cash | € 237,923 | € 6,639 | € 84,642 | € 77,650 | ▼ 8% |
| Land & buildings | € 524,396 | € 536,533 | € 0 | € 184,055 | |
| Retained profit | € 71,964 | € -15,892 | € 517,804 | € 297,064 | ▼ 43% |
| Dividend | € 0 | € 0 | € 237,154 | € 0 | ▼ 100% |
| Bank debt | € 2,930,838 | € 2,778,032 | € 0 | € 0 | |
| Balance sheet total | € 3,382,985 | € 3,339,752 | € 2,995,426 | € 2,449,943 | ▼ 18% |
| Employees (FTE) | 16.2 | 15.8 | 16.6 | 21.7 | ▲ 5.1 |
Key figures of thg Bruxelles, 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 thg Bruxelles?
What happened at thg Bruxelles in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GONDRY ACCOUNTING & CONSULTING SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 220,740 (▼ € 991,589 vs 2024). Source: NBB ↗
- PIA Group Benelux SA became a director. NBB
- GONDRY ACCOUNTING & CONSULTING SRL became a director. NBB
- New establishment in Nivelles. KBO
- New establishment in Lasne. KBO
- Start of the company according to the CBE. KBO
In short
From € 56,444 profit in 2022 to € 220,740 loss in 2025.
Paid € 242,412 in corporate taxes since 2022.
Best year ever: 2024, with € 770,850 profit.
On average € 84,700 of value added per employee in 2025.
Management
The stake of GONDRY ACCOUNTING & CONSULTING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
thg BruxellesBehind thg Bruxelles is PIA Group Benelux SA. The shares are held by PIA Group Benelux (100%) and GONDRY ACCOUNTING & CONSULTING (40%).
Directors
According to the 2025 annual accounts
Director · represented by Brouckaert Steven
Also active at: HLB LEGAL SERVICES, ACKMO ACCOUNTANTS & TAX ADVISERS, Verschaeren & Mertens, SANDERS ACCOUNTING & CONSULTING, HLB BELGIUM, PME ASSISTANCE, VAN LOOY ACCOUNTANTS, AccountingTeam +67 more
since 2024
GONDRY ACCOUNTING & CONSULTING SRL
Director · represented by Gilles Gondry
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Louvain 431
1380 Lasne
Chaussée de Louvain 431G
1380 Lasne
Active since 20 December 1999
Rue des Frères-Grisleins 7
1400 Nivelles
Active since 1 January 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 56 companies are registered at this address.
All companies at this address →WELLENS RAES ET CIE
€ 16,788 gross margin · 2025
STONEHILL
€ 75,045 gross margin · 2025
Union industrielle du Borinage
€ 198,073 gross margin · 2025
FarmaPlus
Sodimco
€ 2.2 million revenue · 2025
+51 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
- 0415.371.717
- VAT number
- BE 0415.371.717
- Registered office
- Chaussée de Louvain 431, 1380 Lasne
- Names & denominations
- thg Bruxelles
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 1975
- Peppol
- Active · Active since 6 Aug 2026
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Accountants
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Boekhouders
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Belastingconsulenten
Boekhouders en boekhouders-fiscalisten