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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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TREE HOUSE from Turnhout, company number BE0433552089, closed financial year 2025 with a result of € 461,440 after tax. For that financial year TREE HOUSE recorded a gross margin of € 1.2 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 379,212 to € 461,440. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 4.9 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 461,440
▲ 22% vs 2024
Profit after tax over the fiscal year.
€ 42,467
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
43 % of the profit went to the shareholders, mostly to JOOS (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 4.9 million
▲ 39% vs 2024
€ 717,273 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 3,956
Supplier invoices still open on the last day of the fiscal year.
€ 206,567
▲ 149% 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 | € 1,076,455 | € 1,141,882 | € 1,175,616 | € 1,215,969 | ▲ 3% |
| Profit after taxes | € 314,346 | € 370,196 | € 379,212 | € 461,440 | ▲ 22% |
| Equity | € 4,033,721 | € 4,403,917 | € 4,650,451 | € 4,911,891 | ▲ 6% |
| Total debts | € 4,345,569 | € 3,627,038 | € 3,603,829 | € 5,373,846 | ▲ 49% |
| Cash | € 606,214 | € 617,954 | € 491,520 | € 42,467 | ▼ 91% |
| Land & buildings | € 8,386,843 | € 7,963,519 | € 8,068,493 | € 7,790,071 | ▼ 3% |
| Retained profit | € 3,661,898 | € 4,032,094 | € 4,260,028 | € 4,521,468 | ▲ 6% |
| Dividend | € 150,000 | € 0 | € 0 | € 200,000 | |
| Bank debt | € 4,154,255 | € 3,553,955 | € 3,513,908 | € 4,901,046 | ▲ 39% |
| Balance sheet total | € 9,039,219 | € 8,639,160 | € 8,810,761 | € 10,790,494 | ▲ 22% |
Key figures of TREE HOUSE, 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 TREE HOUSE?
What happened at TREE HOUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joos bv stepped down as director. NBB
- Ilse Vandoninck stepped down as director. NBB
- Elisabeth Joos stepped down as director. NBB
- Alexander Joos stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 461,440 (▲ 22% vs 2024). Source: NBB ↗
- Joos bv became a director. NBB
- Ilse Vandoninck became a director. NBB
- Elisabeth Joos became a director. NBB
In short
From € 314,346 profit in 2022 to € 461,440 profit in 2025.
Paid € 678,415 in corporate taxes since 2022.
Best year ever: 2025, with € 461,440 profit.
Paid out € 350,000 in dividends to the owners in total.
Management
The stake of JOOS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TREE HOUSEThe shares are held by JOOS (100%). It owns 100% of Immo Matthys itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Alex Joos
Also active at: Grafische Groep Matthys, IMMO MATTHYS, GROUP JOOS
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Everdongenlaan 14
2300 Turnhout
Visbeekstraat 9 A
2300 Turnhout
Active since 23 March 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0433.552.089
- VAT number
- BE 0433.552.089
- Registered office
- Everdongenlaan 14, 2300 Turnhout
- Names & denominations
- TREE HOUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 1988
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen