Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
THEMA from Zandhoven, company number BE0418547278, closed financial year 2025 with a result of € -182,903 after tax. For that financial year THEMA recorded a gross margin of € 279,901 and equity of € 9 million. Compared with financial year 2024, the result moved from € -125,502 to € -182,903. The company made a loss. 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 27, 2026.
€ 9 million
▲ 96% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -182,903
▼ 46 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,357
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.5 million.
Debts at end 2025
€ 2.3 million
▼ 58% vs 2024
€ 300,000 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 12,643
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,226
▼ 76% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -72,103 | € 172,899 | € 255,303 | € 279,901 | ▲ 10% |
| Profit after taxes | € -160,962 | € -101,622 | € -125,502 | € -182,903 | ▼ € 57,401 |
| Equity | € 3,789,292 | € 4,722,670 | € 4,597,169 | € 8,994,766 | ▲ 96% |
| Total debts | € 2,530,516 | € 4,006,716 | € 5,738,516 | € 2,308,996 | ▼ 60% |
| Cash | € 75,182 | € 44,638 | € 3,142 | € 2,357 | ▼ 25% |
| Land & buildings | € 6,097,758 | € 8,592,830 | € 10,253,935 | € 10,804,024 | ▲ 5% |
| Retained profit | € -2,075,708 | € -2,177,330 | € -2,302,831 | € -2,485,734 | ▼ € 182,903 |
| Bank debt | € 2,293,253 | € 3,871,708 | € 5,453,550 | € 2,291,655 | ▼ 58% |
| Balance sheet total | € 6,319,808 | € 8,729,387 | € 10,335,684 | € 11,303,762 | ▲ 9% |
Key figures of THEMA, 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 THEMA?
What happened at THEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Victor Theeuwes stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 182,903. Source: NBB ↗
- Victor Theeuwes became a director. NBB
- New establishment in Zandhoven. KBO
- Start of the company according to the CBE. KBO
In short
From € 160,962 loss in 2022 to € 182,903 loss in 2025.
Paid € 2,002 in corporate taxes since 2022.
Management
The stake of VITHECO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THEMAThe shares are held by VITHECO (100%).
Establishments
Establishment units
Physical locations of this company
Vierselbaan 111
2240 Zandhoven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.547.278
- VAT number
- BE 0418.547.278
- Registered office
- Vierselbaan 111, 2240 Zandhoven
- Names & denominations
- THEMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 1978
- Peppol
- Active · Active since 31 Dec 2025
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