Financials
Financial year 2025
THEIS Marcel from Houffalize, company number BE0455321265, closed financial year 2025 with a result of € 622,294 after tax. For that financial year THEIS Marcel recorded a gross margin of € 5.5 million and equity of € 5.1 million. Compared with financial year 2024, the result moved from € 649,279 to € 622,294. 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 October 15, 2026.
€ 5.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 622,294
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 569,837
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
64 % of the profit went to the shareholders, mostly to THF INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
28.1
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 4% vs 2024
€ 57,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4.7 million
▼ 15% vs 2024
Of which on lease € 4 million.
Debts at end 2025
€ 8.9 million
▼ 11% vs 2024
€ 2.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 3.2 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 164,830
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,439,289 | € 5,743,531 | € 5,095,237 | € 5,515,020 | ▲ 8% |
| Profit after taxes | € -1,341,309 | € 1,617,978 | € 649,279 | € 622,294 | ▼ 4% |
| Equity | € 2,612,732 | € 4,212,711 | € 4,858,966 | € 5,078,237 | ▲ 5% |
| Total debts | € 11,916,086 | € 10,842,042 | € 14,644,282 | € 13,398,910 | ▼ 9% |
| Cash | € 593,689 | € 410,101 | € 418,171 | € 569,837 | ▲ 36% |
| Land & buildings | € 713,713 | € 670,055 | € 6,209,912 | € 5,927,612 | ▼ 5% |
| Retained profit | € 2,491,012 | € 4,108,990 | € 4,758,269 | € 4,980,563 | ▲ 5% |
| Dividend | € 0 | € 0 | € 0 | € 400,000 | |
| Bank debt | € 9,572,569 | € 7,760,414 | € 9,953,232 | € 8,871,514 | ▼ 11% |
| Balance sheet total | € 14,529,853 | € 15,055,713 | € 19,504,134 | € 18,477,959 | ▼ 5% |
| Employees (FTE) | 27.1 | 26.1 | 29.7 | 28.1 | ▼ 1.6 |
Key figures of THEIS Marcel, 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 THEIS Marcel?
What happened at THEIS Marcel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 622,294 (▼ 4% vs 2024). filed late Source: NBB ↗
- New establishment in Gouvy. KBO
- TTH INVEST SRL became a director. NBB
- JTH INVEST SRL became a director. NBB
- New establishment in Gouvy. KBO
- New establishment in Houffalize. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million loss in 2022 to € 622,294 profit in 2025.
Paid € 24,889 in corporate taxes since 2022.
Best year ever: 2023, with € 1.6 million profit.
On average € 196,300 of value added per employee in 2025.
Management
The stake of THF INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THEIS MarcelBehind THEIS Marcel are TTH INVEST SRL and JTH INVEST SRL. The shares are held by THF INVEST (99.9%).
Directors
According to the 2025 annual accounts
Director
Also active at: LESAGE GROUPE, WALLONIE RECYCLAGE, TPrécup, Ardennes Finances, JTJ REAL ESTATE, BELCYCO MINERALS, ARDENNE CONTAINER
since 2024
Director
Also active at: LESAGE GROUPE, WALLONIE RECYCLAGE, TPrécup, Ardennes Finances, JTJ REAL ESTATE, BELCYCO MINERALS, ARDENNE CONTAINER
since 2024
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Cetturu 9
6662 Houffalize
Courtil 1404-1406
6671 Gouvy
Active since 1 January 2015
Courtil 1603
6671 Gouvy
Active since 25 November 2024
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
- 0455.321.265
- VAT number
- BE 0455.321.265
- Registered office
- Cetturu 9, 6662 Houffalize
- Names & denominations
- THEIS Marcel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 May 1995
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Overige bouwinstallatie
Bouwrijp maken van terreinen
Grondverzet
Overige bouwinstallatie, n.e.g.
Activiteiten van bouwarchitecten
Waterbouw, muv baggerwerken
Andere reinigingsactiviteiten
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
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