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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
T.H.D. from Deerlijk, company number BE0432044334, closed financial year 2025 with a result of € -19,120 after tax. For that financial year T.H.D. recorded a gross margin of € 4,396 and equity of € 351,004. Compared with financial year 2024, the result moved from € -33,383 to € -19,120. 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 January 29, 2026.
€ 351,004
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,120
▲ 43 % less loss than in 2024
Profit after tax over the fiscal year.
€ 205,633
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 289,004.
People and assets in 2025
€ 56,789
▼ 14% 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.
€ 2,292
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 561
▼ 32% 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 | € 33,765 | € 18,730 | € 4,493 | € 4,396 | ▼ 2% |
| Profit after taxes | € 12,299 | € -2,120 | € -33,383 | € -19,120 | ▲ € 14,262 |
| Equity | € 405,626 | € 403,506 | € 370,124 | € 351,004 | ▼ 5% |
| Total debts | € 423,579 | € 401,013 | € 500,353 | € 487,319 | ▼ 3% |
| Cash | € 352,402 | € 318,739 | € 229,590 | € 205,633 | ▼ 10% |
| Land & buildings | € 472,712 | € 466,289 | € 457,206 | € 452,055 | ▼ 1% |
| Retained profit | € 343,626 | € 341,506 | € 308,124 | € 289,004 | ▼ 6% |
| Balance sheet total | € 853,999 | € 827,358 | € 892,076 | € 858,683 | ▼ 4% |
Key figures of T.H.D., 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 T.H.D.?
What happened at T.H.D. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michiel Demeyer stepped down as director. NBB
- Sabine Delbeke stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 19,120. Source: NBB ↗
- Michiel Demeyer became a director. NBB
- Sabine Delbeke became a director. NBB
- New establishment in Deerlijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,299 profit in 2022 to € 19,120 loss in 2025.
Paid € 2,232 in corporate taxes since 2022.
Best year ever: 2022, with € 12,299 profit.
Management
Establishments
Establishment units
Physical locations of this company
De Cassinastraat 20
8540 Deerlijk
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.
Details
- Company number
- 0432.044.334
- VAT number
- BE 0432.044.334
- Registered office
- De Cassinastraat 20, 8540 Deerlijk
- Names & denominations
- T.H.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 1987
- Peppol
- Active · Active since 29 Apr 2025
- Activities · NACE
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