THISE is a metalworking company in Herstal. Private Limited, started on 18 June 1979, 1 establishment.

What is the address of THISE?

The registered office of THISE is located at Rue des Alouettes 100 box 1, 4041 Herstal.

Is THISE still active?

Yes. According to the CBE (29 October 2026) THISE is active, legal situation “Normale toestand”, started on 18 June 1979.

Is THISE registered on Peppol?

Yes, THISE is registered on the Peppol network with ID 0208:0419692373.

What is the enterprise number of THISE?

The enterprise number of THISE is BE0419692373.

When was THISE founded?

THISE was founded on 18 June 1979.

Who are the directors of THISE?

According to the 2025 annual accounts, the directors of THISE are: Technorama Invest.

Is THISE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 June 1979; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did THISE make in 2025?

THISE posted a profit after taxes of € 280,966 in financial year 2025.

What is the revenue of THISE?

As a small company, THISE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,590,653.

How much does an employee at THISE earn?

The average wage cost per full-time employee at THISE was € 67,900 in 2025: staff costs of € 971,289 for 14.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does THISE have?

According to the 2025 annual accounts, THISE has 14.3 full-time equivalents (FTE).

THISE (Private Limited) - Herstal - BE0419692373

Dossier THISE, printed on 29 October 2026 from databakkes.be/en/0419692373/thise. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

THISE from Herstal, company number BE0419692373, closed financial year 2025 with a result of € 280,966 after tax. For that financial year THISE recorded a gross margin of € 1.6 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 143,433 to € 280,966. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.

What it is worth Growing

€ 1.1 million

▲ 5% vs 2024

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

Profit Growing

€ 280,966

▲ 96% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 423,672

▲ 189% vs 2024

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

Where the profit goes Pays out

€ 220,000 paid out

78 % of the profit went to the shareholders, mostly to V.G.TECH (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

14.3

▼ 0.2 vs 2024

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

Wage cost

€ 971,289

▼ 3% vs 2024

€ 67,900 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.

Vehicles and equipment

€ 588,852

▲ 51% vs 2024

Of which on lease € 520,672.

Debts at end 2025

Bank debt ≈ 4 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.

€ 1.2 million

▲ 99% vs 2024

€ 267,934 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 676,750

▲ 16% vs 2024

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

Taxes and wages

€ 498,793

▼ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,109,170 Gross margin 2022: € 1,109,170 First fiscal year in the series	€ 1,202,440 Gross margin 2023: € 1,202,440 ▲ 8% vs 2022 (€ 1,109,170) Favourable step	€ 1,680,890 Gross margin 2024: € 1,680,890 ▲ 40% vs 2023 (€ 1,202,440) Favourable step	€ 1,590,653 Gross margin 2025: € 1,590,653 ▼ 5% vs 2024 (€ 1,680,890) Unfavourable step	▼ 5%
Profit after taxes	€ 100,137 Profit after taxes 2022: € 100,137 First fiscal year in the series	€ 104,865 Profit after taxes 2023: € 104,865 ▲ 5% vs 2022 (€ 100,137) Favourable step	€ 143,433 Profit after taxes 2024: € 143,433 ▲ 37% vs 2023 (€ 104,865) Favourable step	€ 280,966 Profit after taxes 2025: € 280,966 ▲ 96% vs 2024 (€ 143,433) Favourable step	▲ 96%
Equity	€ 1,039,609 Equity 2022: € 1,039,609 First fiscal year in the series	€ 1,042,914 Equity 2023: € 1,042,914 Unchanged (€ 1,039,609) Favourable step	€ 1,084,787 Equity 2024: € 1,084,787 ▲ 4% vs 2023 (€ 1,042,914) Favourable step	€ 1,144,193 Equity 2025: € 1,144,193 ▲ 5% vs 2024 (€ 1,084,787) Favourable step	▲ 5%
Total debts	€ 1,833,595 Total debts 2022: € 1,833,595 First fiscal year in the series	€ 1,913,234 Total debts 2023: € 1,913,234 ▲ 4% vs 2022 (€ 1,833,595) Unfavourable step	€ 1,890,298 Total debts 2024: € 1,890,298 ▼ 1% vs 2023 (€ 1,913,234) Favourable step	€ 2,916,599 Total debts 2025: € 2,916,599 ▲ 54% vs 2024 (€ 1,890,298) Unfavourable step	▲ 54%
Cash	€ 55,514 Cash 2022: € 55,514 First fiscal year in the series	€ 108,501 Cash 2023: € 108,501 ▲ 95% vs 2022 (€ 55,514) Favourable step	€ 146,406 Cash 2024: € 146,406 ▲ 35% vs 2023 (€ 108,501) Favourable step	€ 423,672 Cash 2025: € 423,672 ▲ 189% vs 2024 (€ 146,406) Favourable step	▲ 189%
Land & buildings	€ 15,889 Land & buildings 2022: € 15,889 First fiscal year in the series	€ 13,590 Land & buildings 2023: € 13,590 ▼ 14% vs 2022 (€ 15,889) Unchanged	€ 11,291 Land & buildings 2024: € 11,291 ▼ 17% vs 2023 (€ 13,590) Unchanged	€ 28,345 Land & buildings 2025: € 28,345 ▲ 151% vs 2024 (€ 11,291) Unchanged	▲ 151%
Retained profit	€ 788,383 Retained profit 2022: € 788,383 First fiscal year in the series	€ 793,247 Retained profit 2023: € 793,247 ▲ 1% vs 2022 (€ 788,383) Favourable step	€ 836,680 Retained profit 2024: € 836,680 ▲ 5% vs 2023 (€ 793,247) Favourable step	€ 897,646 Retained profit 2025: € 897,646 ▲ 7% vs 2024 (€ 836,680) Favourable step	▲ 7%
Dividend	€ 100,000 Dividend 2022: € 100,000 First fiscal year in the series	€ 100,000 Dividend 2023: € 100,000 Unchanged (€ 100,000) Unchanged	€ 100,000 Dividend 2024: € 100,000 Unchanged (€ 100,000) Unchanged	€ 220,000 Dividend 2025: € 220,000 ▲ 120% vs 2024 (€ 100,000) Unchanged	▲ 120%
Bank debt	€ 346,905 Bank debt 2022: € 346,905 First fiscal year in the series	€ 822,689 Bank debt 2023: € 822,689 ▲ 137% vs 2022 (€ 346,905) Unfavourable step	€ 593,887 Bank debt 2024: € 593,887 ▼ 28% vs 2023 (€ 822,689) Favourable step	€ 1,183,056 Bank debt 2025: € 1,183,056 ▲ 99% vs 2024 (€ 593,887) Unfavourable step	▲ 99%
Balance sheet total	€ 2,873,204 Balance sheet total 2022: € 2,873,204 First fiscal year in the series	€ 2,956,148 Balance sheet total 2023: € 2,956,148 ▲ 3% vs 2022 (€ 2,873,204) Unchanged	€ 2,975,085 Balance sheet total 2024: € 2,975,085 ▲ 1% vs 2023 (€ 2,956,148) Unchanged	€ 4,060,792 Balance sheet total 2025: € 4,060,792 ▲ 36% vs 2024 (€ 2,975,085) Unchanged	▲ 36%
Employees (FTE)	15.5 Employees (FTE) 2022: 15.5 First fiscal year in the series	13.2 Employees (FTE) 2023: 13.2 ▼ 2.3 vs 2022 (15.5) Unchanged	14.5 Employees (FTE) 2024: 14.5 ▲ 1.3 vs 2023 (13.2) Unchanged	14.3 Employees (FTE) 2025: 14.3 ▼ 0.2 vs 2024 (14.5) Unchanged	▼ 0.2

Key figures of THISE, 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 THISE?

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

Aug 19, 2026 New annual accounts for financial year 2025: profit of € 280,966 (▲ 96% vs 2024). filed late Source: NBB ↗
Jun 1, 2019 New establishment in Herstal. KBO
2019 Technorama Invest became a director. NBB
Jun 18, 1979 Start of the company according to the CBE. KBO

In short

From € 100,137 profit in 2022 to € 280,966 profit in 2025.

Paid € 116,699 in corporate taxes since 2022.

Best year ever: 2025, with € 280,966 profit.

On average € 111,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

V.G.TECH 99.9%

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

THISE

Behind THISE is Technorama Invest. The shares are held by V.G.TECH (99.9%).

Directors

According to the 2025 annual accounts

Technorama Invest

Director · represented by José Bader

Also active at: V.G.TECH

since 2019

Shareholders

V.G.TECH

99.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue des Alouettes 100 box 1

4041 Herstal

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

ICARUS

€ 29.2 million revenue · 2025

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€ 173,188 gross margin · 2025

ICARUS GROUP

€ 1.1 million revenue · 2025

ALLIANCE DES ROBINETIERS EUROPEENS

€ 146,944 revenue · 2025

UNITE TVA ICARUS UNIT

+1 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

0419.692.373

VAT number

BE 0419.692.373

Registered office

Rue des Alouettes 100 bus 1, 4041 Herstal

Names & denominations

THISE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

18 June 1979

Peppol

Active · Active since 28 Oct 2025

Activities · NACE

Vervaardiging van gereedschap, muv vormkasten en gietvormen

Vervaardiging van gereedschap

Vervaardiging van overige machines voor specifieke industrieën

Vervaardiging van andere machines voor specifieke doeleinden neg

Vervaardiging van gereedschap, m.u.v. vormkasten en gietvormen

View on CBE Public ↗ Annual accounts (NBB) ↗

THISE

Financials

What happened to THISE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions