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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
Thomas from Erpe-Mere, company number BE0448407739, closed financial year 2025 with a result of € 21,367 after tax. For that financial year Thomas recorded a gross margin of € 65,916 and equity of € -19,814. Compared with financial year 2024, the result moved from € 17,113 to € 21,367. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 17, 2026.
€ -19,814
▲ € 21,367 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,367
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 47,664
▲ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -188,414.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 28,089
▼ 26% vs 2024
Of which on lease € 27,438.
Debts at end 2025
€ 125,889
▼ 14% vs 2024
€ 22,839 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 4,767
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,166
▲ € 6,858 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 | € 69,149 | € 80,687 | € 74,181 | € 65,916 | ▼ 11% |
| Profit after taxes | € 17,791 | € 27,749 | € 17,113 | € 21,367 | ▲ 25% |
| Equity | € -86,042 | € -58,293 | € -41,181 | € -19,814 | ▲ € 21,367 |
| Total debts | € 305,696 | € 301,002 | € 241,163 | € 225,767 | ▼ 6% |
| Cash | € 15,755 | € 8,624 | € 24,265 | € 47,664 | ▲ 96% |
| Land & buildings | € 184,388 | € 151,573 | € 119,937 | € 117,026 | ▼ 2% |
| Retained profit | € -254,642 | € -226,893 | € -209,781 | € -188,414 | ▲ € 21,367 |
| Bank debt | € 156,025 | € 175,602 | € 146,727 | € 125,889 | ▼ 14% |
| Balance sheet total | € 219,654 | € 242,709 | € 199,983 | € 205,953 | ▲ 3% |
Key figures of Thomas, 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 Thomas?
What happened at Thomas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,367 (▲ 25% vs 2024). filed late Source: NBB ↗
- Maarten Thomas became a director. NBB
- New establishment in Erpe-Mere. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,791 profit in 2022 to € 21,367 profit in 2025.
Paid € 738 in corporate taxes since 2022.
Best year ever: 2023, with € 27,749 profit.
Management
Behind Thomas is Maarten Thomas.
Directors
According to the 2025 annual accounts
Maarten Thomas
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Kapelhofstraat 22
9420 Erpe-Mere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.407.739
- VAT number
- BE 0448.407.739
- Registered office
- Kapelhofstraat 22, 9420 Erpe-Mere
- Names & denominations
- Thomas
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 1992
- Peppol
- Active · Active since 21 Jun 2026
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
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