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 30 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
THOMAS & PIRON HOME from Paliseul, company number BE0415776939, closed financial year 2025 with a result of € 16.6 million after tax. For that financial year THOMAS & PIRON HOME recorded revenue of € 211.1 million and equity of € 122.3 million. Compared with financial year 2024, the result moved from € 9.9 million to € 16.6 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 122.3 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16.6 million
▲ 68% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 7.9 million paid out
47 % of the profit went to the shareholders, mostly to TP HOLDING SA (100 % of the shares). That is where the money ends up.
People and assets in 2025
916.5
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 51.7 million
▲ 4% vs 2024
€ 56,400 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.
€ 6.9 million
▼ 9% vs 2024
Of which on lease € 2.6 million.
Debts at end 2025
€ 11.7 million
▼ 14% vs 2024
€ 799,906 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 36 million
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 91 days on average.
€ 9.9 million
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 211,377,156 | € 162,116,314 | € 175,824,030 | € 211,143,528 | ▲ 20% |
| Profit after taxes | € 15,926,208 | € 4,384,210 | € 9,896,272 | € 16,634,511 | ▲ 68% |
| Equity | € 99,245,856 | € 103,630,066 | € 113,526,338 | € 122,310,848 | ▲ 8% |
| Total debts | € 49,310,751 | € 65,521,725 | € 74,895,370 | € 85,831,723 | ▲ 15% |
| Cash | € 3,840,534 | € 6,995,536 | € 886,997 | € 1,355,011 | ▲ 53% |
| Land & buildings | € 9,180,661 | € 7,841,344 | € 6,528,303 | € 5,892,688 | ▼ 10% |
| Retained profit | € 98,537,056 | € 102,921,265 | € 112,817,538 | € 121,602,048 | ▲ 8% |
| Dividend | € 7,143,456 | € 0 | € 0 | € 7,850,000 | |
| Bank debt | € 3,302,093 | € 11,865,847 | € 13,635,709 | € 11,716,905 | ▼ 14% |
| Balance sheet total | € 151,523,121 | € 172,458,392 | € 191,239,705 | € 211,095,817 | ▲ 10% |
| Employees (FTE) | 1,014.5 | 976.6 | 916.1 | 916.5 | ▲ 0.4 |
Key figures of THOMAS & PIRON HOME, 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 THOMAS & PIRON HOME?
What happened at THOMAS & PIRON HOME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ABSOlute Consulting SRL stepped down as director. NBB
- HC MANAGEMENT SRL stepped down as director. NBB
- BERNARD PIRON SRL stepped down as director. NBB
- FRANCOIS PIRON SRL stepped down as director. NBB
- RMBV SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 16.6 million (▲ 68% vs 2024). Source: NBB ↗
- Edouard HERINCKX stepped down as director. NBB
- ABSOlute Consulting SRL became a director. NBB
In short
From € 15.9 million profit in 2022 to € 16.6 million profit in 2025.
Paid € 14.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 16.6 million profit.
Paid out € 15 million in dividends to the owners in total.
Management
The shares are held by TP HOLDING SA (100%). It owns 100% of HEINSCH RECYCLING itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Cédric HERBIET
Also active at: DESSIN PERFORMANCE ENERGIE, ESPACES PROMOTION, LA FOLIE, SCHOPPACH INVEST, CLE DES ARDENNES, M2J, EKLOZIO
since 2024 · until 2030
Director · represented by BERNARD PIRON
Also active at: THOMAS & PIRON HOLDING, THOMAS & PIRON ICT, Thomas & Piron Bâtiment, EKLOZIO
since 2024 · until 2030
Director · represented by FRANCOIS PIRON
Also active at: SOTRABA, Galère, THOMAS & PIRON HOLDING, B.T.A. CONSTRUCT, DESSIN PERFORMANCE ENERGIE, ESPACES PROMOTION, PISCICULTURE DE LA HOUILLE, Thomas & Piron RENOVATION +23 more
since 2024 · until 2030
Director · represented by Olivier REMACLE
since 2025 · until 2030
Edouard HERINCKX
Director
Also active at: SOMIBA, THOMAS & PIRON HOLDING, B.T.A. CONSTRUCT, Coeur de Ville, BAVIERE DEVELOPPEMENT, FONCIERE INVEST, Bureau Cauchy C, B32 Renaissance +5 more
since 2024 · until 2026
Director · represented by Olivier BEGUIN
Also active at: I.D., ORTHOPEDIE TOUSSAINT, OTTIGNIMMO, Galère, Sporsystem, MECCO-GOSSENT, Société anonyme WAUTERS NV, THOMAS & PIRON HOLDING +50 more
since 2026 · until 2030
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Rue de la Besace, Our 14
6852 Paliseul
Weyler, route de Longwy 507
6700 Arlon
Active since 31 December 2001
Chaussée de Mons 457
7800 Ath
Active since 22 March 2002
Rue de Beaufays 76
4140 Sprimont
Active since 21 June 2004
Rue de Marchienne(GOZ) 195
6534 Thuin
Active since 21 June 2004
Chaussée de Marche(NN) 626
5100 Namur
Active since 6 November 2006
Rue de Champles 25
1301 Wavre
Active since 21 December 2006
Chaussée de Renaix(TOU) 465
7500 Tournai
Active since 18 October 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →THOMAS & PIRON HOLDING same network
€ 12 million revenue · 2025
DESSIN PERFORMANCE ENERGIE same network
€ 2.3 million gross margin · 2025
ESPACES PROMOTION same network
€ 1.3 million gross margin · 2025
TP GESTION same network
€ 1.1 million gross margin · 2025
LA FOLIE same network
€ -1,586 gross margin · 2025
+9 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
- 0415.776.939
- VAT number
- BE 0415.776.939
- Registered office
- Rue de la Besace, Our 14, 6852 Paliseul
- Names & denominations
- THOMAS & PIRON HOME · TP HOME
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 1976
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Installatie van verwarming, klimaatregeling en ventilatie
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit