Financials
Financial year 2025
THIELMAN from Sint-Gillis-Waas, company number BE0437525923, closed financial year 2025 with a result of € 415,334 after tax. For that financial year THIELMAN recorded a gross margin of € 836,186 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 189,516 to € 415,334. 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 July 22, 2026.
€ 2.1 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 415,334
▲ 119% vs 2024
Profit after tax over the fiscal year.
€ 67,739
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 191,223 paid out
46 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,561
▲ € 2,332 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 189,139
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37,202
▼ 65% vs 2024
Loans from banks and other lenders, long and short.
€ 12,110
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 192,795
▲ 278% 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 | € 468,848 | € 543,737 | € 591,929 | € 836,186 | ▲ 41% |
| Profit after taxes | € 103,348 | € 146,631 | € 189,516 | € 415,334 | ▲ 119% |
| Equity | € 1,527,857 | € 1,674,488 | € 1,864,004 | € 2,088,115 | ▲ 12% |
| Total debts | € 1,211,324 | € 989,913 | € 616,500 | € 447,708 | ▼ 27% |
| Cash | € 537,925 | € 202,882 | € 84,979 | € 67,739 | ▼ 20% |
| Land & buildings | € 635,507 | € 544,942 | € 449,418 | € 391,529 | ▼ 13% |
| Retained profit | € 734,896 | € 881,528 | € 1,071,044 | € 1,295,155 | ▲ 21% |
| Dividend | € 0 | € 0 | € 0 | € 191,223 | |
| Bank debt | € 240,485 | € 173,693 | € 105,937 | € 37,202 | ▼ 65% |
| Balance sheet total | € 2,749,981 | € 2,671,601 | € 2,484,104 | € 2,573,479 | ▲ 4% |
Key figures of THIELMAN, 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 THIELMAN?
What happened at THIELMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 415,334 (▲ 119% vs 2024). Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 103,348 profit in 2022 to € 415,334 profit in 2025.
Paid € 331,439 in corporate taxes since 2022.
Best year ever: 2025, with € 415,334 profit.
Paid out € 191,223 in dividends to the owners in total.
Management
Behind THIELMAN is Kris Thielman. Kris Thielman is also behind KFK-Projects and KFK-Build.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Margrietstraat(MD) 127
9170 Sint-Gillis-Waas
Molenhoekstraat(MD) 22
9170 Sint-Gillis-Waas
Active since 13 June 1989
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
- 0437.525.923
- VAT number
- BE 0437.525.923
- Registered office
- Margrietstraat(MD) 127, 9170 Sint-Gillis-Waas
- Names & denominations
- THIELMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 1989
- Peppol
- Active · Active since 19 Dec 2024
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Groothandel in groenten en fruit
Groothandel in groenten en fruit, muv consumptieaardappelen
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Detailhandel in groenten en fruit