Financials
Financial year 2025
THOR from Nieuwpoort, company number BE0426910262, closed financial year 2025 with a result of € -53,338 after tax. For that financial year THOR recorded a gross margin of € 534,007 and equity of € 2 million. Compared with financial year 2024, the result moved from € 113,590 to € -53,338. The company made a loss. 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 August 10, 2026.
€ 2 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,338
▼ still € 113,590 profit in 2024
Profit after tax over the fiscal year.
€ 440,005
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.7 million.
People and assets in 2025
4
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 398,413
▼ 5% vs 2024
€ 99,600 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.
€ 1.2 million
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 28,114
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,364
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 541,970 | € 1,439,880 | € 744,957 | € 534,007 | ▼ 28% |
| Profit after taxes | € 68,595 | € 889,015 | € 113,590 | € -53,338 | ▼ € 166,927 |
| Equity | € 874,615 | € 1,763,630 | € 2,075,766 | € 1,997,034 | ▼ 4% |
| Total debts | € 86,476 | € 320,501 | € 120,850 | € 74,478 | ▼ 38% |
| Cash | € 292,229 | € 19,398 | € 375,390 | € 440,005 | ▲ 17% |
| Land & buildings | € 79,200 | € 75,350 | € 71,500 | € 67,650 | ▼ 5% |
| Retained profit | € 812,642 | € 1,701,657 | € 1,785,248 | € 1,731,910 | ▼ 3% |
| Dividend | € 0 | € 0 | € 30,000 | € 0 | ▼ 100% |
| Bank debt | € 44,924 | € 273,760 | € 0 | € 0 | |
| Balance sheet total | € 961,091 | € 2,407,645 | € 2,562,553 | € 2,395,226 | ▼ 7% |
| Employees (FTE) | 5.1 | 2.5 | 4.8 | 4 | ▼ 0.8 |
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: loss of € 53,338 (▼ € 166,927 vs 2024). filed late Source: NBB ↗
- Noel Dugardein became a director. NBB
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,595 profit in 2022 to € 53,338 loss in 2025.
Paid € 36,833 in corporate taxes since 2022.
Best year ever: 2023, with € 889,015 profit.
On average € 133,500 of value added per employee in 2025.
Management
Behind THOR is Noel Dugardein.
Directors
According to the 2025 annual accounts
Noel Dugardein
Managing director
since 2021
Establishments
Establishment units
Physical locations of this company
Canadalaan 28
8620 Nieuwpoort
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.910.262
- VAT number
- BE 0426.910.262
- Registered office
- Canadalaan 28, 8620 Nieuwpoort
- Names & denominations
- THOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 1985
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Zeevisserij
Visserij