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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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THERMO TRAFFIC TRADE from Aalter, company number BE0448964696, closed financial year 2025 with a result of € 30,403 after tax. For that financial year THERMO TRAFFIC TRADE recorded a gross margin of € 120,079 and equity of € 88,966. Compared with financial year 2024, the result moved from € 4,808 to € 30,403. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 22, 2026.
€ 88,966
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,403
▲ € 25,595 vs 2024
Profit after tax over the fiscal year.
€ 50,768
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 17,093 paid out
56 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 58,544
▲ 4% 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.
€ 1,448
▲ 278% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 35,895
▼ 68% vs 2024
€ 12,652 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 35,049
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,587
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 204,406 | € 156,346 | € 89,251 | € 120,079 | ▲ 35% |
| Profit after taxes | € 44,017 | € 33,703 | € 4,808 | € 30,403 | ▲ € 25,595 |
| Equity | € 37,145 | € 70,849 | € 75,657 | € 88,966 | ▲ 18% |
| Total debts | € 281,665 | € 254,645 | € 180,335 | € 182,921 | ▲ 1% |
| Cash | € 12,511 | € 30,419 | € 24,864 | € 50,768 | ▲ 104% |
| Retained profit | € 18,553 | € 52,257 | € 57,065 | € 70,374 | ▲ 23% |
| Dividend | € 0 | € 0 | € 0 | € 17,093 | |
| Bank debt | € 194,936 | € 146,043 | € 112,092 | € 35,895 | ▼ 68% |
| Balance sheet total | € 318,810 | € 325,494 | € 255,992 | € 271,888 | ▲ 6% |
Key figures of THERMO TRAFFIC TRADE, 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 THERMO TRAFFIC TRADE?
What happened at THERMO TRAFFIC TRADE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,403 (▲ € 25,595 vs 2024). filed late Source: NBB ↗
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,017 profit in 2022 to € 30,403 profit in 2025.
Paid € 40,665 in corporate taxes since 2022.
Best year ever: 2022, with € 44,017 profit.
Paid out € 17,093 in dividends to the owners in total.
Management
Behind THERMO TRAFFIC TRADE is Christophe Seiffert Van Der Merwede. Christophe Seiffert Van Der Merwede is also behind MacMedia.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Venecolaan 52a
9880 Aalter
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
- 0448.964.696
- VAT number
- BE 0448.964.696
- Registered office
- Venecolaan 52a, 9880 Aalter
- Names & denominations
- THERMO TRAFFIC TRADE · T.T.T.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1992
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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