THECO is a wholesaler in Alken. Private Limited, started on 17 December 1992, 1 establishment.

What is the address of THECO?

The registered office of THECO is located at Grootstraat 195, 3570 Alken.

Is THECO still active?

Yes. According to the CBE (30 October 2026) THECO is active, legal situation “Normale toestand”, started on 17 December 1992.

Is THECO registered on Peppol?

Yes, THECO is registered on the Peppol network with ID 0208:0448950048.

What is the enterprise number of THECO?

The enterprise number of THECO is BE0448950048.

When was THECO founded?

THECO was founded on 17 December 1992.

Who are the directors of THECO?

According to the 2025 annual accounts, the directors of THECO are: Kenny Neven, Rita Jozefine Smeers.

Is THECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 December 1992; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did THECO make in 2025?

THECO posted a profit after taxes of € 58,021 in financial year 2025.

What is the revenue of THECO?

As a small company, THECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 141,037.

THECO (Private Limited) - Alken - BE0448950048

Dossier THECO, printed on 30 October 2026 from databakkes.be/en/0448950048/theco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

THECO from Alken, company number BE0448950048, closed financial year 2025 with a result of € 58,021 after tax. For that financial year THECO recorded a gross margin of € 141,037 and equity of € 887,200. Compared with financial year 2024, the result moved from € 19,867 to € 58,021. 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 June 15, 2026.

What it is worth Growing

€ 887,200

▲ 7% vs 2024

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

Profit Growing

€ 58,021

▲ 192% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 426,347

▼ 49% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 881,000.

People and assets in 2025

Wage cost

€ 8

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

€ 75,328

▼ 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.

Taxes

€ 74,103

▲ 29% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 79,446 Gross margin 2022: € 79,446 First fiscal year in the series	€ 160,214 Gross margin 2023: € 160,214 ▲ 102% vs 2022 (€ 79,446) Favourable step	€ 89,323 Gross margin 2024: € 89,323 ▼ 44% vs 2023 (€ 160,214) Unfavourable step	€ 141,037 Gross margin 2025: € 141,037 ▲ 58% vs 2024 (€ 89,323) Favourable step	▲ 58%
Profit after taxes	€ 19,817 Profit after taxes 2022: € 19,817 First fiscal year in the series	€ 87,396 Profit after taxes 2023: € 87,396 ▲ € 67,579 vs 2022 (€ 19,817) Favourable step	€ 19,867 Profit after taxes 2024: € 19,867 ▼ 77% vs 2023 (€ 87,396) Unfavourable step	€ 58,021 Profit after taxes 2025: € 58,021 ▲ 192% vs 2024 (€ 19,867) Favourable step	▲ 192%
Equity	€ 721,915 Equity 2022: € 721,915 First fiscal year in the series	€ 809,312 Equity 2023: € 809,312 ▲ 12% vs 2022 (€ 721,915) Favourable step	€ 829,179 Equity 2024: € 829,179 ▲ 2% vs 2023 (€ 809,312) Favourable step	€ 887,200 Equity 2025: € 887,200 ▲ 7% vs 2024 (€ 829,179) Favourable step	▲ 7%
Total debts	€ 678,246 Total debts 2022: € 678,246 First fiscal year in the series	€ 916,727 Total debts 2023: € 916,727 ▲ 35% vs 2022 (€ 678,246) Unfavourable step	€ 934,769 Total debts 2024: € 934,769 ▲ 2% vs 2023 (€ 916,727) Unfavourable step	€ 328,829 Total debts 2025: € 328,829 ▼ 65% vs 2024 (€ 934,769) Favourable step	▼ 65%
Cash	€ 590,259 Cash 2022: € 590,259 First fiscal year in the series	€ 707,806 Cash 2023: € 707,806 ▲ 20% vs 2022 (€ 590,259) Favourable step	€ 838,691 Cash 2024: € 838,691 ▲ 18% vs 2023 (€ 707,806) Favourable step	€ 426,347 Cash 2025: € 426,347 ▼ 49% vs 2024 (€ 838,691) Unfavourable step	▼ 49%
Retained profit	€ 715,715 Retained profit 2022: € 715,715 First fiscal year in the series	€ 803,112 Retained profit 2023: € 803,112 ▲ 12% vs 2022 (€ 715,715) Favourable step	€ 822,979 Retained profit 2024: € 822,979 ▲ 2% vs 2023 (€ 803,112) Favourable step	€ 881,000 Retained profit 2025: € 881,000 ▲ 7% vs 2024 (€ 822,979) Favourable step	▲ 7%
Bank debt	€ 317,512 Bank debt 2022: € 317,512 First fiscal year in the series	€ 301,347 Bank debt 2023: € 301,347 ▼ 5% vs 2022 (€ 317,512) Favourable step	€ 300,000 Bank debt 2024: € 300,000 Unchanged (€ 301,347) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 300,000) Favourable step	▼ 100%
Balance sheet total	€ 1,400,161 Balance sheet total 2022: € 1,400,161 First fiscal year in the series	€ 1,726,039 Balance sheet total 2023: € 1,726,039 ▲ 23% vs 2022 (€ 1,400,161) Unchanged	€ 1,763,948 Balance sheet total 2024: € 1,763,948 ▲ 2% vs 2023 (€ 1,726,039) Unchanged	€ 1,216,028 Balance sheet total 2025: € 1,216,028 ▼ 31% vs 2024 (€ 1,763,948) Unchanged	▼ 31%

Key figures of THECO, 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 THECO?

What happened at THECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 15, 2026 New annual accounts for financial year 2025: profit of € 58,021 (▲ 192% vs 2024). Source: NBB ↗
2013 Kenny Neven became a director. NBB
Jul 17, 1998 New establishment in Alken. KBO
1998 Rita Jozefine Smeers became a director. NBB
Dec 17, 1992 Start of the company according to the CBE. KBO

In short

From € 19,817 profit in 2022 to € 58,021 profit in 2025.

Paid € 72,388 in corporate taxes since 2022.

Best year ever: 2023, with € 87,396 profit.

Original PDFs at the National Bank ↗

Management

Luc Maria Neven 48.7%

Rita Jozefine Smeers 48.7%

Kenny Neven 2.7%

THECO

Behind THECO are Kenny Neven and Rita Jozefine Smeers. The shares are held by Luc Maria Neven (48.7%), Rita Jozefine Smeers (48.7%) and Kenny Neven (2.7%).

Directors

According to the 2025 annual accounts

Kenny Neven

Director

Owns 2.7% directly

Also active at: DE MELLAERDE

since 2013

Rita Jozefine Smeers

Director

Owns 48.7% directly

Also active at: DE MELLAERDE

since 1998

Shareholders

Luc Maria Neven

48.7%

Rita Jozefine Smeers · director

48.7%

Kenny Neven · director

2.7%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Grootstraat 195

3570 Alken

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 →

DE MELLAERDE same network

€ 21,479 gross margin · 2025

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

Details

Company number

0448.950.048

VAT number

BE 0448.950.048

Registered office

Grootstraat 195, 3570 Alken

Names & denominations

THECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

17 December 1992

Peppol

Active · Active since 26 Jul 2024

Activities · NACE

Groothandel in motorfietsen, delen en toebehoren van motorfietsen

Handelsbemiddeling en groothandel in motorfietsen en delen en toebehoren van motorfietsen

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen

Detailhandel in motorvoertuigen

Handel in en onderhoud en reparatie van motorrijwielen en onderdelen en toebehoren van motorrijwielen

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen

View on CBE Public ↗ Annual accounts (NBB) ↗

THECO

Financials

What happened to THECO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions