Financials
Financial year 2025
THOR from Sint-Niklaas, company number BE0422395111, closed financial year 2025 with a result of € 23,931 after tax. For that financial year THOR recorded a gross margin of € 42,632 and equity of € 100,002. Compared with financial year 2024, the result moved from € 12,115 to € 23,931. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 100,002
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,931
▲ 98% vs 2024
Profit after tax over the fiscal year.
€ 26,620
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 35,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 698
Supplier invoices still open on the last day of the fiscal year.
€ 5,446
▲ 112% 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 | € 27,804 | € 28,496 | € 25,722 | € 42,632 | ▲ 66% |
| Profit after taxes | € 14,754 | € 14,921 | € 12,115 | € 23,931 | ▲ 98% |
| Equity | € 114,035 | € 128,956 | € 111,071 | € 100,002 | ▼ 10% |
| Total debts | € 125,289 | € 17,042 | € 35,927 | € 40,093 | ▲ 12% |
| Cash | € 112,414 | € 10,324 | € 22,354 | € 26,620 | ▲ 19% |
| Land & buildings | € 122,886 | € 119,484 | € 116,081 | € 112,678 | ▼ 3% |
| Retained profit | € 83,035 | € 97,956 | € 80,071 | € 69,002 | ▼ 14% |
| Dividend | € 100,000 | € 0 | € 30,000 | € 35,000 | ▲ 17% |
| Bank debt | € 24,137 | € 14,375 | € 4,262 | € 0 | ▼ 100% |
| Balance sheet total | € 239,324 | € 145,998 | € 146,998 | € 140,096 | ▼ 5% |
Key figures of THOR, 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 THOR?
What happened at THOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,931 (▲ 98% vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,754 profit in 2022 to € 23,931 profit in 2025.
Paid € 3,821 in corporate taxes since 2022.
Best year ever: 2025, with € 23,931 profit.
Paid out € 165,000 in dividends to the owners in total.
Management
The stake of NEW MOTORECO BEHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THORBehind THOR is Hugo Van Osselaer. The shares are held by NEW MOTORECO BEHEER (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Europark-Oost 13
9100 Sint-Niklaas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.395.111
- VAT number
- BE 0422.395.111
- Registered office
- Europark-Oost 13, 9100 Sint-Niklaas
- Names & denominations
- THOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1982
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Smeden van metaal
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2