Theuco is a supermarket in Ingelmunster. Public Limited, started on 31 March 1984, 1 establishment.

What is the address of Theuco?

The registered office of Theuco is located at Nijverheidstraat 2A, 8770 Ingelmunster.

Is Theuco still active?

Yes. According to the CBE (29 October 2026) Theuco is active, legal situation “Normale toestand”, started on 31 March 1984.

Is Theuco registered on Peppol?

Yes, Theuco is registered on the Peppol network with ID 0208:0426532259.

What is the enterprise number of Theuco?

The enterprise number of Theuco is BE0426532259.

When was Theuco founded?

Theuco was founded on 31 March 1984.

Who are the directors of Theuco?

According to the 2025 annual accounts, the directors of Theuco are: Roland Delhaes, Veda NV.

Is Theuco a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 March 1984; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Theuco make in 2025?

Theuco posted a profit after taxes of € 268,230 in financial year 2025.

What is the revenue of Theuco?

As a small company, Theuco is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,107,749.

How much does an employee at Theuco earn?

The average wage cost per full-time employee at Theuco was € 32,900 in 2025: staff costs of € 492,877 for 15 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Theuco have?

According to the 2025 annual accounts, Theuco has 15 full-time equivalents (FTE).

Theuco (Public Limited) - Ingelmunster - BE0426532259

Dossier Theuco, printed on 29 October 2026 from databakkes.be/en/0426532259/theuco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

22 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Theuco from Ingelmunster, company number BE0426532259, closed financial year 2025 with a result of € 268,230 after tax. For that financial year Theuco recorded a gross margin of € 1.1 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 267,160 to € 268,230. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 23, 2026.

What it is worth Healthy

€ 1.2 million

▼ 41% vs 2024

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

Profit Growing

€ 268,230

Profit after tax over the fiscal year.

Cash in the bank

€ 267,109

▼ 52% vs 2024

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

Where the profit goes Pays out

€ 1.1 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

▲ 2.2 vs 2024

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

Wage cost

€ 492,877

€ 32,900 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

€ 161,533

▼ 9% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 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.

€ 854,025

▼ 9% vs 2024

€ 140,385 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 916,556

▲ 2% vs 2024

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

Taxes and wages

€ 83,704

▼ 24% 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	€ 1,956,615 Gross margin 2022: € 1,956,615 First fiscal year in the series	€ 891,246 Gross margin 2023: € 891,246 ▼ 54% vs 2022 (€ 1,956,615) Unfavourable step	€ 1,109,603 Gross margin 2024: € 1,109,603 ▲ 25% vs 2023 (€ 891,246) Favourable step	€ 1,107,749 Gross margin 2025: € 1,107,749 Unchanged (€ 1,109,603) Unfavourable step
Profit after taxes	€ 1,035,440 Profit after taxes 2022: € 1,035,440 First fiscal year in the series	€ 177,237 Profit after taxes 2023: € 177,237 ▼ 83% vs 2022 (€ 1,035,440) Unfavourable step	€ 267,160 Profit after taxes 2024: € 267,160 ▲ 51% vs 2023 (€ 177,237) Favourable step	€ 268,230 Profit after taxes 2025: € 268,230 Unchanged (€ 267,160) Favourable step
Equity	€ 1,938,782 Equity 2022: € 1,938,782 First fiscal year in the series	€ 1,940,399 Equity 2023: € 1,940,399 Unchanged (€ 1,938,782) Favourable step	€ 1,947,702 Equity 2024: € 1,947,702 Unchanged (€ 1,940,399) Favourable step	€ 1,153,754 Equity 2025: € 1,153,754 ▼ 41% vs 2024 (€ 1,947,702) Unfavourable step	▼ 41%
Total debts	€ 2,258,902 Total debts 2022: € 2,258,902 First fiscal year in the series	€ 2,143,209 Total debts 2023: € 2,143,209 ▼ 5% vs 2022 (€ 2,258,902) Favourable step	€ 2,461,818 Total debts 2024: € 2,461,818 ▲ 15% vs 2023 (€ 2,143,209) Unfavourable step	€ 3,161,988 Total debts 2025: € 3,161,988 ▲ 28% vs 2024 (€ 2,461,818) Unfavourable step	▲ 28%
Cash	€ 518,511 Cash 2022: € 518,511 First fiscal year in the series	€ 829,431 Cash 2023: € 829,431 ▲ 60% vs 2022 (€ 518,511) Favourable step	€ 560,170 Cash 2024: € 560,170 ▼ 32% vs 2023 (€ 829,431) Unfavourable step	€ 267,109 Cash 2025: € 267,109 ▼ 52% vs 2024 (€ 560,170) Unfavourable step	▼ 52%
Retained profit	€ 1,868,782 Retained profit 2022: € 1,868,782 First fiscal year in the series	€ 1,870,399 Retained profit 2023: € 1,870,399 Unchanged (€ 1,868,782) Favourable step	€ 1,877,702 Retained profit 2024: € 1,877,702 Unchanged (€ 1,870,399) Favourable step	€ 1,083,754 Retained profit 2025: € 1,083,754 ▼ 42% vs 2024 (€ 1,877,702) Unfavourable step	▼ 42%
Dividend	€ 90,759 Dividend 2022: € 90,759 First fiscal year in the series	€ 175,620 Dividend 2023: € 175,620 ▲ 94% vs 2022 (€ 90,759) Unchanged	€ 259,856 Dividend 2024: € 259,856 ▲ 48% vs 2023 (€ 175,620) Unchanged	€ 1,062,179 Dividend 2025: € 1,062,179 ▲ € 802,323 vs 2024 (€ 259,856) Unchanged	▲ € 802,323
Bank debt	€ 1,188,925 Bank debt 2022: € 1,188,925 First fiscal year in the series	€ 1,066,331 Bank debt 2023: € 1,066,331 ▼ 10% vs 2022 (€ 1,188,925) Favourable step	€ 943,143 Bank debt 2024: € 943,143 ▼ 12% vs 2023 (€ 1,066,331) Favourable step	€ 854,025 Bank debt 2025: € 854,025 ▼ 9% vs 2024 (€ 943,143) Favourable step	▼ 9%
Balance sheet total	€ 4,425,741 Balance sheet total 2022: € 4,425,741 First fiscal year in the series	€ 4,288,016 Balance sheet total 2023: € 4,288,016 ▼ 3% vs 2022 (€ 4,425,741) Unchanged	€ 4,590,280 Balance sheet total 2024: € 4,590,280 ▲ 7% vs 2023 (€ 4,288,016) Unchanged	€ 4,472,851 Balance sheet total 2025: € 4,472,851 ▼ 3% vs 2024 (€ 4,590,280) Unchanged	▼ 3%
Employees (FTE)	9.5 Employees (FTE) 2022: 9.5 First fiscal year in the series	12 Employees (FTE) 2023: 12 ▲ 2.5 vs 2022 (9.5) Unchanged	12.8 Employees (FTE) 2024: 12.8 ▲ 0.8 vs 2023 (12) Unchanged	15 Employees (FTE) 2025: 15 ▲ 2.2 vs 2024 (12.8) Unchanged	▲ 2.2

Key figures of Theuco, 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 Theuco?

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

Jan 23, 2026 New annual accounts for financial year 2025: profit of € 268,230. Source: NBB ↗
Dec 9, 1988 New establishment in Theux. KBO
Mar 31, 1984 Start of the company according to the CBE. KBO

In short

From € 1 million profit in 2022 to € 268,230 profit in 2025.

Paid € 333,975 in corporate taxes since 2022.

Best year ever: 2022, with € 1 million profit.

On average € 73,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Roland Delhaes Veda NV

Theuco

BEST

S.D.D.

WILMAR

+22

Behind Theuco are Roland Delhaes and Veda NV. Veda NV is also behind BEST, S.D.D., WILMAR, Marcan and UNICOL.

Directors

According to the 2025 annual accounts

Roland Delhaes

Director

Veda NV

Director · represented by Paul Vanhonsebrouck

Also active at: BEST, S.D.D., WILMAR, Marcan, UNICOL, LENDAL, DE VLEESUNIE, Malco +17 more

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidstraat 2A

8770 Ingelmunster

2.026.157.180

Avenue Reine Astrid 15

4910 Theux

Active since 9 December 1988

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.

All companies at this address →

BEST same network

€ 1.1 million gross margin · 2025

WILMAR same network

€ 100,366 gross margin · 2025

UNICOL same network

€ 522,108 gross margin · 2025

LENDAL same network

€ 1.8 million gross margin · 2025

Malco same network

€ 115,884 gross margin · 2025

+17 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

0426.532.259

VAT number

BE 0426.532.259

Registered office

Nijverheidstraat 2A, 8770 Ingelmunster

Names & denominations

Theuco

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 March 1984

Peppol

Active · Active since 30 Sept 2025

Activities · NACE

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)

Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

View on CBE Public ↗ Annual accounts (NBB) ↗

Theuco

Warning lights

Financials

What happened to Theuco?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions