What does THICARO do?

THICARO is a DIY store in Harelbeke. Private Limited, started on 8 August 1994, 2 establishments.

What is the address of THICARO?

The registered office of THICARO is located at Gentsesteenweg 218, 8530 Harelbeke.

Is THICARO still active?

Yes. According to the CBE (29 October 2026) THICARO is active, legal situation “Normale toestand”, started on 8 August 1994.

Is THICARO registered on Peppol?

Yes, THICARO is registered on the Peppol network with ID 0208:0453132926.

What is the enterprise number of THICARO?

The enterprise number of THICARO is BE0453132926.

When was THICARO founded?

THICARO was founded on 8 August 1994.

Who are the directors of THICARO?

According to the 2025 annual accounts, the directors of THICARO are: Laurent Thiers, Geert Thiers.

Is THICARO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 August 1994; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did THICARO make in 2025?

THICARO posted a profit after taxes of € 14,077 in financial year 2025.

What is the revenue of THICARO?

As a small company, THICARO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 138,018.

THICARO (Private Limited) - Harelbeke - BE0453132926

Dossier THICARO, printed on 29 October 2026 from databakkes.be/en/0453132926/thicaro. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

THICARO from Harelbeke, company number BE0453132926, closed financial year 2025 with a result of € 14,077 after tax. For that financial year THICARO recorded a gross margin of € 138,018 and equity of € 723,407. Compared with financial year 2024, the result moved from € 23,017 to € 14,077. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 723,407

▲ 2% vs 2024

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

Profit Healthy

€ 14,077

▼ 39% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 39,505

▲ 132% 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 € -142,550.

People and assets in 2025

Vehicles and equipment

€ 1,555

▼ 14% 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.

Owed to suppliers

€ 6,078

▼ 83% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 6,057

▲ 37% 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	€ 100,956 Gross margin 2022: € 100,956 First fiscal year in the series	€ 102,050 Gross margin 2023: € 102,050 ▲ 1% vs 2022 (€ 100,956) Favourable step	€ 139,561 Gross margin 2024: € 139,561 ▲ 37% vs 2023 (€ 102,050) Favourable step	€ 138,018 Gross margin 2025: € 138,018 ▼ 1% vs 2024 (€ 139,561) Unfavourable step	▼ 1%
Profit after taxes	€ -24,372 Profit after taxes 2022: € -24,372 First fiscal year in the series	€ 4,004 Profit after taxes 2023: € 4,004 ▲ € 28,376 vs 2022 (€ -24,372) Favourable step	€ 23,017 Profit after taxes 2024: € 23,017 ▲ € 19,013 vs 2023 (€ 4,004) Favourable step	€ 14,077 Profit after taxes 2025: € 14,077 ▼ 39% vs 2024 (€ 23,017) Unfavourable step	▼ 39%
Equity	€ 682,309 Equity 2022: € 682,309 First fiscal year in the series	€ 686,313 Equity 2023: € 686,313 ▲ 1% vs 2022 (€ 682,309) Favourable step	€ 709,330 Equity 2024: € 709,330 ▲ 3% vs 2023 (€ 686,313) Favourable step	€ 723,407 Equity 2025: € 723,407 ▲ 2% vs 2024 (€ 709,330) Favourable step	▲ 2%
Total debts	€ 1,502,307 Total debts 2022: € 1,502,307 First fiscal year in the series	€ 3,740,183 Total debts 2023: € 3,740,183 ▲ 149% vs 2022 (€ 1,502,307) Unfavourable step	€ 2,620,705 Total debts 2024: € 2,620,705 ▼ 30% vs 2023 (€ 3,740,183) Favourable step	€ 2,693,347 Total debts 2025: € 2,693,347 ▲ 3% vs 2024 (€ 2,620,705) Unfavourable step	▲ 3%
Cash	€ 4,955 Cash 2022: € 4,955 First fiscal year in the series	€ 3,119 Cash 2023: € 3,119 ▼ 37% vs 2022 (€ 4,955) Unfavourable step	€ 17,013 Cash 2024: € 17,013 ▲ € 13,893 vs 2023 (€ 3,119) Favourable step	€ 39,505 Cash 2025: € 39,505 ▲ 132% vs 2024 (€ 17,013) Favourable step	▲ 132%
Land & buildings	€ 2,167,445 Land & buildings 2022: € 2,167,445 First fiscal year in the series	€ 3,326,256 Land & buildings 2023: € 3,326,256 ▲ 53% vs 2022 (€ 2,167,445) Unchanged	€ 3,293,157 Land & buildings 2024: € 3,293,157 ▼ 1% vs 2023 (€ 3,326,256) Unchanged	€ 3,331,865 Land & buildings 2025: € 3,331,865 ▲ 1% vs 2024 (€ 3,293,157) Unchanged	▲ 1%
Retained profit	€ -183,648 Retained profit 2022: € -183,648 First fiscal year in the series	€ -179,644 Retained profit 2023: € -179,644 ▲ € 4,004 vs 2022 (€ -183,648) Favourable step	€ -156,627 Retained profit 2024: € -156,627 ▲ € 23,017 vs 2023 (€ -179,644) Favourable step	€ -142,550 Retained profit 2025: € -142,550 ▲ € 14,077 vs 2024 (€ -156,627) Favourable step	▲ € 14,077
Bank debt	€ 125,000 Bank debt 2022: € 125,000 First fiscal year in the series	€ 25,000 Bank debt 2023: € 25,000 ▼ 80% vs 2022 (€ 125,000) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 25,000) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 2,184,616 Balance sheet total 2022: € 2,184,616 First fiscal year in the series	€ 4,426,497 Balance sheet total 2023: € 4,426,497 ▲ 103% vs 2022 (€ 2,184,616) Unchanged	€ 3,330,035 Balance sheet total 2024: € 3,330,035 ▼ 25% vs 2023 (€ 4,426,497) Unchanged	€ 3,416,754 Balance sheet total 2025: € 3,416,754 ▲ 3% vs 2024 (€ 3,330,035) Unchanged	▲ 3%

Key figures of THICARO, 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 THICARO?

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

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 14,077 (▼ 39% vs 2024). filed late Source: NBB ↗
2025 Geert Thiers stepped down as director. NBB
2019 Laurent Thiers became a director. NBB
Dec 8, 2018 New establishment in Kortrijk. KBO
Oct 5, 1994 New establishment in Harelbeke. KBO
1994 Geert Thiers became a director. NBB
Aug 8, 1994 Start of the company according to the CBE. KBO

In short

From € 24,372 loss in 2022 to € 14,077 profit in 2025.

Paid € 2,269 in corporate taxes since 2022.

Best year ever: 2024, with € 23,017 profit.

Original PDFs at the National Bank ↗

Management

Laurent Thiers

THICARO

THIERS TRADING

Behind THICARO is Laurent Thiers. Laurent Thiers is also behind THIERS TRADING.

Directors

According to the 2025 annual accounts

Laurent Thiers

Bestuurder

Also active at: THIERS TRADING

since 2019

Geert Thiers

Bestuurder

since 1994 · until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Gentsesteenweg 218

8530 Harelbeke

2.282.435.635

Rijselsestraat(Kor) 13

8500 Kortrijk

Active since 8 December 2018

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

CASA TREND

€ 121,499 gross margin · 2025

VYVANT

€ 160,993 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

0453.132.926

VAT number

BE 0453.132.926

Registered office

Gentsesteenweg 218, 8530 Harelbeke

Names & denominations

THICARO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 August 1994

Peppol

Active · Active since 24 Dec 2025

Activities · NACE

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2

Algemene bouw van residentiële gebouwen

Overige gespecialiseerde bouwactiviteiten, neg

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Overige gespecialiseerde werkzaamheden in de bouw

Bouwen van individuele huizen

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

THICARO

Warning lights

Financials

What happened to THICARO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions