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 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FIRMA THOMAS from Merchtem, company number BE0420042761, closed financial year 2025 with a result of € 483,775 after tax. For that financial year FIRMA THOMAS recorded revenue of € 14.6 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 193,788 to € 483,775. 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 January 30, 2026.
€ 2.8 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 483,775
▲ 150% vs 2024
Profit after tax over the fiscal year.
€ 32,178
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 340,000 paid out
70 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
21.1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 1% vs 2024
€ 63,900 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.
€ 475,191
▲ 14% vs 2024
Of which on lease € 337,699.
Debts at end 2025
€ 484,992
▼ 72% vs 2024
€ 134,633 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.8 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.
€ 375,278
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,684,932 | € 14,768,285 | € 13,363,252 | € 14,574,577 | ▲ 9% |
| Profit after taxes | € 184,702 | € 380,779 | € 193,788 | € 483,775 | ▲ 150% |
| Equity | € 2,479,066 | € 2,589,845 | € 2,658,633 | € 2,802,408 | ▲ 5% |
| Total debts | € 3,823,197 | € 4,872,452 | € 5,375,984 | € 4,151,475 | ▼ 23% |
| Cash | € 11,950 | € 59,640 | € 27,610 | € 32,178 | ▲ 17% |
| Retained profit | € 2,082,437 | € 2,193,216 | € 2,262,004 | € 2,405,778 | ▲ 6% |
| Dividend | € 180,000 | € 270,000 | € 125,000 | € 340,000 | ▲ 172% |
| Bank debt | € 830,192 | € 1,040,738 | € 1,707,069 | € 484,992 | ▼ 72% |
| Balance sheet total | € 6,698,730 | € 7,860,454 | € 8,412,165 | € 7,339,977 | ▼ 13% |
| Employees (FTE) | 20.8 | 21.8 | 21.2 | 21.1 | ▼ 0.1 |
Key figures of FIRMA THOMAS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to FIRMA THOMAS?
What happened at FIRMA THOMAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 483,775 (▲ 150% vs 2024). Source: NBB ↗
- Johan Thomas became a director. NBB
- Frank Thomas became a director. NBB
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 184,702 profit in 2022 to € 483,775 profit in 2025.
Paid € 475,900 in corporate taxes since 2022.
Best year ever: 2025, with € 483,775 profit.
Paid out € 915,000 in dividends to the owners in total.
Management
Behind FIRMA THOMAS are Johan Thomas and Frank Thomas. The same people are also behind FRANS THOMAS. Frank Thomas is also behind DE BELGISCHE FEDERATIE VAN DE TOELEVERANCIERS VAN MACHINES, GEBOUWEN EN UITRUSTINGEN VOOR DE LANDBOUW EN VOOR DE GROENVOORZIENINGEN.
Directors
According to the 2025 annual accounts
since 2010
Frank Thomas
Director
Also active at: DE BELGISCHE FEDERATIE VAN DE TOELEVERANCIERS VAN MACHINES, GEBOUWEN EN UITRUSTINGEN VOOR DE LANDBOUW EN VOOR DE GROENVOORZIENINGEN, FRANS THOMAS
since 2010
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 144
1785 Merchtem
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.042.761
- VAT number
- BE 0420.042.761
- Registered office
- Brusselsesteenweg 144, 1785 Merchtem
- Names & denominations
- FIRMA THOMAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1979
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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