Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 17.8 to 15.3.
Financials
Financial year 2025
THEO from Antwerpen, company number BE0430933089, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year THEO recorded revenue of € 20.8 million and equity of € 17.9 million. Compared with financial year 2024, the result moved from € 2.4 million to € 2.3 million. The company is profitable. 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 28, 2026.
€ 17.9 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 8.3 million
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
15.3
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 3% vs 2024
€ 77,800 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.
€ 128,436
▲ 115% 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.
€ 1.1 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 24 days on average.
€ 192,714
▼ 5% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,487,280 | € 20,866,344 | € 19,970,445 | € 20,818,429 | ▲ 4% |
| Profit after taxes | € 2,277,579 | € 2,787,556 | € 2,423,913 | € 2,348,274 | ▼ 3% |
| Equity | € 20,322,221 | € 23,109,778 | € 18,583,690 | € 17,931,964 | ▼ 4% |
| Total debts | € 4,036,123 | € 3,385,521 | € 2,443,661 | € 1,534,411 | ▼ 37% |
| Cash | € 14,737,400 | € 7,776,881 | € 12,761,571 | € 8,321,672 | ▼ 35% |
| Retained profit | € 20,260,248 | € 23,047,804 | € 18,521,717 | € 17,869,991 | ▼ 4% |
| Dividend | € 0 | € 0 | € 6,950,000 | € 3,000,000 | ▼ 57% |
| Balance sheet total | € 24,358,345 | € 26,495,299 | € 21,027,351 | € 19,466,375 | ▼ 7% |
| Employees (FTE) | 16.5 | 17.8 | 16.3 | 15.3 | ▼ 1 |
Key figures of THEO, 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 THEO?
What happened at THEO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.3 million (▼ 3% vs 2024). filed late Source: NBB ↗
- Mijato BV became a director. NBB
- So-Pa BV became a director. NBB
- Toso BV became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.3 million profit in 2022 to € 2.3 million profit in 2025.
Paid € 3.4 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.8 million profit.
Paid out € 10 million in dividends to the owners in total.
A new publication or filing at THEO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MiJaTo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THEOBehind THEO are Fort. BV, Toso BV, Mijato BV and So-Pa BV. The shares are held by MiJaTo (100%).
Directors
According to the 2025 annual accounts
Bestuurder · represented by Dries Smets
Bestuurder · represented by Toon Somers
Also active at: SOMERS OPTIEK, STOOT OPTIEK, MiJaTo, Compliments BV
since 2021
Bestuurder · represented by Mik Somers
Also active at: SOMERS OPTIEK, STOOT OPTIEK, Compliments BV
since 2024
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Arsenaalstraat 3
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0430.933.089
- VAT number
- BE 0430.933.089
- Registered office
- Arsenaalstraat 3, 2000 Antwerpen
- Names & denominations
- THEO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1987
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- theo.be
- Activities · NACE
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