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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
THURBAU from Harelbeke, company number BE0447382806, closed financial year 2025 with a result of € -9,248 after tax. For that financial year THURBAU recorded a gross margin of € -7,656 and equity of € 72,094. Compared with financial year 2024, the result moved from € -638 to € -9,248. 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 August 31, 2026.
€ 72,094
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,248
▼ 1349 % more loss than in 2024
Profit after tax over the fiscal year.
€ 320
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10,094.
People and assets in 2025
€ 6,757
▲ € 5,538 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17,203
▼ 72% vs 2024
Loans from banks and other lenders, long and short.
€ 94
Supplier invoices still open on the last day of the fiscal year.
€ 619
▲ 138% 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 | € -714 | € 2,816 | € -917 | € -7,656 | ▼ € 6,738 |
| Profit after taxes | € 548 | € 2,595 | € -638 | € -9,248 | ▼ € 8,610 |
| Equity | € 79,385 | € 81,980 | € 81,342 | € 72,094 | ▼ 11% |
| Total debts | € 42,899 | € 53,869 | € 61,925 | € 17,917 | ▼ 71% |
| Cash | € 551 | € 1,254 | € 545 | € 320 | ▼ 41% |
| Retained profit | € 17,385 | € 19,980 | € 19,342 | € 10,094 | ▼ 48% |
| Bank debt | € 34,000 | € 34,000 | € 61,664 | € 17,203 | ▼ 72% |
| Balance sheet total | € 122,284 | € 135,849 | € 143,267 | € 90,011 | ▼ 37% |
Key figures of THURBAU, 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 THURBAU?
What happened at THURBAU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,248. filed late Source: NBB ↗
- Arthibau BV became a director. NBB
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 548 profit in 2022 to € 9,248 loss in 2025.
Paid € 1,261 in corporate taxes since 2022.
Best year ever: 2023, with € 2,595 profit.
Management
The stake of ARTHIBAU comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THURBAUBehind THURBAU is Arthibau BV. The shares are held by ARTHIBAU (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bruno Duvillier
since 2014
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kollegelaan 25
8530 Harelbeke
Lefebvrestraat 7 box 303
8620 Nieuwpoort
Active since 10 March 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0447.382.806
- VAT number
- BE 0447.382.806
- Registered office
- Kollegelaan 25, 8530 Harelbeke
- Names & denominations
- THURBAU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 1992
- Peppol
- Not registered