Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
THALES from Sint-Martens-Latem, company number BE0447868794, closed financial year 2025 with a result of € -135,491 after tax. For that financial year THALES recorded a gross margin of € -7,399 and equity of € 7.7 million. Compared with financial year 2024, the result moved from € -36,543 to € -135,491. 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 28, 2026.
€ 7.7 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -135,491
▼ 271 % more loss than in 2024
Profit after tax over the fiscal year.
€ 655,081
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 7.4 million.
People and assets in 2025
€ 16,825
▼ 58% 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.
€ 37,749
▲ 131% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,719
▲ 63% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 104,858 | € 44,255 | € 5,071 | € -7,399 | ▼ € 12,470 |
| Profit after taxes | € 1,462,356 | € 6,270 | € -36,543 | € -135,491 | ▼ € 98,948 |
| Equity | € 7,927,111 | € 7,908,382 | € 7,871,839 | € 7,736,347 | ▼ 2% |
| Total debts | € 3,735,572 | € 200,171 | € 66,219 | € 78,795 | ▲ 19% |
| Cash | € 2,294,096 | € 1,067,655 | € 439,643 | € 655,081 | ▲ 49% |
| Land & buildings | € 3,433,648 | € 3,308,362 | € 3,183,076 | € 3,084,009 | ▼ 3% |
| Retained profit | € 7,592,455 | € 7,573,726 | € 7,537,182 | € 7,401,691 | ▼ 2% |
| Dividend | € 3,550,000 | € 25,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 3,692 | € 4,949 | € 0 | ▼ 100% |
| Balance sheet total | € 11,857,912 | € 8,297,717 | € 8,120,410 | € 7,989,016 | ▼ 2% |
| Employees (FTE) | 0.2 | - | - | - |
Key figures of THALES, 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 THALES?
What happened at THALES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Zoë Verstraeten stepped down as director. NBB
- TRIBIANT NV stepped down as director. NBB
- Nathan Verstraeten stepped down as director. NBB
- Lutgart Douchy stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 135,491. Source: NBB ↗
- Zoë Verstraeten became a director. NBB
- TRIBIANT NV became a director. NBB
- Nathan Verstraeten became a director. NBB
In short
From € 1.5 million profit in 2022 to € 135,491 loss in 2025.
Paid € 18,551 in corporate taxes since 2022.
Best year ever: 2022, with € 1.5 million profit.
Paid out € 3.6 million in dividends to the owners in total.
A new publication or filing at THALES? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of TRIBIANT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THALESThe shares are held by TRIBIANT (99.9%). It owns 50% of Terven itself.
Directors
According to the 2025 annual accounts
since 2016 · until 2029
Shareholders
99.9%
Participations
50%
Establishments
Establishment units
Physical locations of this company
Heidebergen 20
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0447.868.794
- VAT number
- BE 0447.868.794
- Registered office
- Heidebergen 20, 9830 Sint-Martens-Latem
- Names & denominations
- THALES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 1992
- Peppol
- Active · Active since 29 Aug 2023
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige vormen van onderwijs, n.e.g.
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Markt- en opinieonderzoek
Overige vormen van onderwijs
Activiteiten van reclamebureaus
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed
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