What does THG ST.VITH do?

THG ST.VITH is registered with the CBE as active in: Boekhouders. Public Limited, started on 20 August 1988, 1 establishment.

What is the address of THG ST.VITH?

The registered office of THG ST.VITH is located at Malmedyer Strasse 37, 4780 Sankt Vith.

Is THG ST.VITH still active?

Yes. According to the CBE (29 October 2026) THG ST.VITH is active, legal situation “Normale toestand”, started on 20 August 1988.

Is THG ST.VITH registered on Peppol?

Yes, THG ST.VITH is registered on the Peppol network with ID 0208:0434932360.

What is the enterprise number of THG ST.VITH?

The enterprise number of THG ST.VITH is BE0434932360.

When was THG ST.VITH founded?

THG ST.VITH was founded on 20 August 1988.

Who are the directors of THG ST.VITH?

According to the 2025 annual accounts, the directors of THG ST.VITH are: M.R. Malengreaux SRL GmbH, NDLM Invest GmbH, MH Fiscura GmbH.

Is THG ST.VITH a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 August 1988; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did THG ST.VITH make in 2025?

THG ST.VITH posted a profit after taxes of € 281,980 in financial year 2025.

What is the revenue of THG ST.VITH?

As a small company, THG ST.VITH is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 437,911.

How much does an employee at THG ST.VITH earn?

The average wage cost per full-time employee at THG ST.VITH was € 20,700 in 2025: staff costs of € 55,968 for 2.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does THG ST.VITH have?

According to the 2025 annual accounts, THG ST.VITH has 2.7 full-time equivalents (FTE).

THG ST.VITH (Public Limited) - Sankt Vith - BE0434932360

Dossier THG ST.VITH, printed on 29 October 2026 from databakkes.be/en/0434932360/thg-st-vith. 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.

Busy address KBO

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

Financials

Financial year 2025

THG ST.VITH from Sankt Vith, company number BE0434932360, closed financial year 2025 with a result of € 281,980 after tax. For that financial year THG ST.VITH recorded a gross margin of € 437,911 and equity of € 191,363. Compared with financial year 2024, the result moved from € 252,823 to € 281,980. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.

What it is worth Growing

€ 191,363

▲ 54% vs 2024

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

Profit Growing

€ 281,980

▲ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 112,869

▲ € 101,318 vs 2024

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

Where the profit goes Pays out

€ 215,000 paid out

76 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

2.7

▼ 0.2 vs 2024

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

Wage cost

€ 55,968

▼ 5% vs 2024

€ 20,700 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

€ 19,464

▼ 18% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 312,401

▼ 20% vs 2024

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

Taxes and wages

€ 46,024

▼ 10% 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	€ 230,133 Gross margin 2022: € 230,133 First fiscal year in the series	€ 272,420 Gross margin 2023: € 272,420 ▲ 18% vs 2022 (€ 230,133) Favourable step	€ 340,820 Gross margin 2024: € 340,820 ▲ 25% vs 2023 (€ 272,420) Favourable step	€ 437,911 Gross margin 2025: € 437,911 ▲ 28% vs 2024 (€ 340,820) Favourable step	▲ 28%
Profit after taxes	€ 150,320 Profit after taxes 2022: € 150,320 First fiscal year in the series	€ 185,167 Profit after taxes 2023: € 185,167 ▲ 23% vs 2022 (€ 150,320) Favourable step	€ 252,823 Profit after taxes 2024: € 252,823 ▲ 37% vs 2023 (€ 185,167) Favourable step	€ 281,980 Profit after taxes 2025: € 281,980 ▲ 12% vs 2024 (€ 252,823) Favourable step	▲ 12%
Equity	€ 116,393 Equity 2022: € 116,393 First fiscal year in the series	€ 121,560 Equity 2023: € 121,560 ▲ 4% vs 2022 (€ 116,393) Favourable step	€ 124,383 Equity 2024: € 124,383 ▲ 2% vs 2023 (€ 121,560) Favourable step	€ 191,363 Equity 2025: € 191,363 ▲ 54% vs 2024 (€ 124,383) Favourable step	▲ 54%
Total debts	€ 538,256 Total debts 2022: € 538,256 First fiscal year in the series	€ 735,977 Total debts 2023: € 735,977 ▲ 37% vs 2022 (€ 538,256) Unfavourable step	€ 875,943 Total debts 2024: € 875,943 ▲ 19% vs 2023 (€ 735,977) Unfavourable step	€ 574,016 Total debts 2025: € 574,016 ▼ 34% vs 2024 (€ 875,943) Favourable step	▼ 34%
Cash	€ 37,360 Cash 2022: € 37,360 First fiscal year in the series	€ 9,001 Cash 2023: € 9,001 ▼ 76% vs 2022 (€ 37,360) Unfavourable step	€ 11,551 Cash 2024: € 11,551 ▲ 28% vs 2023 (€ 9,001) Favourable step	€ 112,869 Cash 2025: € 112,869 ▲ € 101,318 vs 2024 (€ 11,551) Favourable step	▲ € 101,318
Land & buildings	€ 13,882 Land & buildings 2022: € 13,882 First fiscal year in the series	€ 11,853 Land & buildings 2023: € 11,853 ▼ 15% vs 2022 (€ 13,882) Unchanged	€ 9,824 Land & buildings 2024: € 9,824 ▼ 17% vs 2023 (€ 11,853) Unchanged	€ 7,794 Land & buildings 2025: € 7,794 ▼ 21% vs 2024 (€ 9,824) Unchanged	▼ 21%
Retained profit	€ 54,393 Retained profit 2022: € 54,393 First fiscal year in the series	€ 59,560 Retained profit 2023: € 59,560 ▲ 9% vs 2022 (€ 54,393) Favourable step	€ 62,383 Retained profit 2024: € 62,383 ▲ 5% vs 2023 (€ 59,560) Favourable step	€ 129,363 Retained profit 2025: € 129,363 ▲ 107% vs 2024 (€ 62,383) Favourable step	▲ 107%
Dividend	€ 150,000 Dividend 2022: € 150,000 First fiscal year in the series	€ 180,000 Dividend 2023: € 180,000 ▲ 20% vs 2022 (€ 150,000) Unchanged	€ 250,000 Dividend 2024: € 250,000 ▲ 39% vs 2023 (€ 180,000) Unchanged	€ 215,000 Dividend 2025: € 215,000 ▼ 14% vs 2024 (€ 250,000) Unchanged	▼ 14%
Bank debt	€ 100,000 Bank debt 2022: € 100,000 First fiscal year in the series	€ 143,833 Bank debt 2023: € 143,833 ▲ 44% vs 2022 (€ 100,000) Unfavourable step	€ 182,057 Bank debt 2024: € 182,057 ▲ 27% vs 2023 (€ 143,833) Unfavourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 182,057) Favourable step	▼ 100%
Balance sheet total	€ 654,649 Balance sheet total 2022: € 654,649 First fiscal year in the series	€ 857,536 Balance sheet total 2023: € 857,536 ▲ 31% vs 2022 (€ 654,649) Unchanged	€ 1,000,326 Balance sheet total 2024: € 1,000,326 ▲ 17% vs 2023 (€ 857,536) Unchanged	€ 765,379 Balance sheet total 2025: € 765,379 ▼ 23% vs 2024 (€ 1,000,326) Unchanged	▼ 23%
Employees (FTE)	1.6 Employees (FTE) 2022: 1.6 First fiscal year in the series	2.7 Employees (FTE) 2023: 2.7 ▲ 1.1 vs 2022 (1.6) Unchanged	2.9 Employees (FTE) 2024: 2.9 ▲ 0.2 vs 2023 (2.7) Unchanged	2.7 Employees (FTE) 2025: 2.7 ▼ 0.2 vs 2024 (2.9) Unchanged	▼ 0.2

Key figures of THG ST.VITH, 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 THG ST.VITH?

What happened at THG ST.VITH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 M.R. Malengreaux SRL GmbH stepped down as director. NBB
2031 NDLM Invest GmbH stepped down as director. NBB
2031 MH Fiscura GmbH stepped down as director. NBB
Jun 8, 2026 New annual accounts for financial year 2025: profit of € 281,980 (▲ 12% vs 2024). Source: NBB ↗
2025 MH Fiscura GmbH became a director. NBB
2022 NDLM Invest GmbH became a director. NBB
2019 M.R. Malengreaux SRL GmbH became a director. NBB
Sep 2, 1988 New establishment in Sankt Vith. KBO

In short

From € 150,320 profit in 2022 to € 281,980 profit in 2025.

Paid € 46,590 in corporate taxes since 2022.

Best year ever: 2025, with € 281,980 profit.

On average € 162,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

M.R. Malengreaux 49.9%

DR MALENGREAUX 49%

Treuhandgesellschaft Leinen & Co 25%

NDLM Invest 25%

The stake of M.R. Malengreaux, DR MALENGREAUX, Treuhandgesellschaft Leinen & Co, NDLM Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

THG ST.VITH

THG Support Sàrl 6.3%

The shares are held by M.R. Malengreaux (49.9%), DR MALENGREAUX (49%), Treuhandgesellschaft Leinen & Co (25%) and NDLM Invest (25%). It owns 6.3% of THG Support Sàrl itself.

Directors

According to the 2025 annual accounts

M.R. Malengreaux SRL GmbH

Director · represented by Michael Malengreaux

Also active at: DR MALENGREAUX

since 2019 · until 2031

NDLM Invest GmbH

Director · represented by Nicolas Schmitz

since 2022 · until 2031

MH Fiscura GmbH

Director · represented by Christina Mockels

since 2025 · until 2031

Shareholders

M.R. Malengreaux

49.9%

DR MALENGREAUX

49%

Treuhandgesellschaft Leinen & Co

25%

NDLM Invest

25%

Participations

THG Support Sàrl

6.3%

Establishments

Establishment units

Physical locations of this company

Registered office

Malmedyer Strasse 37

4780 Sankt Vith

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0434.932.360

VAT number

BE 0434.932.360

Registered office

Malmedyer Strasse 37, 4780 Sankt Vith

Names & denominations

THG ST.VITH

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

20 August 1988

Peppol

Active · Active since 20 Jun 2025

Activities · NACE

Boekhouders

Activiteiten van (gecertificeerde) (fiscaal) accountants

Accountants

Boekhouders en boekhouders-fiscalisten

View on CBE Public ↗ Annual accounts (NBB) ↗

THG ST.VITH

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Financials

What happened to THG ST.VITH?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions