Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THE THRONE from Sint-Genesius-Rode, company number BE0460095348, closed financial year 2025 with a result of € -116,550 after tax. For that financial year THE THRONE recorded a gross margin of € 40,540 and equity of € -115,205. Compared with financial year 2024, the result moved from € -28,971 to € -116,550. The company made a loss. 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 July 31, 2026.
€ -115,205
▼ € 116,550 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -116,550
▼ 302 % more loss than in 2024
Profit after tax over the fiscal year.
€ 16,167
▲ € 12,866 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -139,994.
Debts at end 2025
€ 1.6 million
Loans from banks and other lenders, long and short.
€ 111,179
▲ € 92,176 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -10,935 | € -4,734 | € 30,681 | € 40,540 | ▲ 32% |
| Profit after taxes | € -35,572 | € -29,372 | € -28,971 | € -116,550 | ▼ € 87,580 |
| Equity | € 59,688 | € 30,316 | € 1,346 | € -115,205 | ▼ € 116,550 |
| Total debts | € 1,054,081 | € 1,300,834 | € 2,071,580 | € 2,755,892 | ▲ 33% |
| Cash | € 3,385 | € 2,567 | € 3,301 | € 16,167 | ▲ € 12,866 |
| Land & buildings | € 1,107,532 | € 1,245,382 | € 2,051,625 | € 2,611,521 | ▲ 27% |
| Retained profit | € 34,899 | € 5,527 | € -23,444 | € -139,994 | ▼ € 116,550 |
| Bank debt | € 689,253 | € 887,397 | € 1,635,000 | € 1,635,000 | |
| Balance sheet total | € 1,113,769 | € 1,331,150 | € 2,072,926 | € 2,640,688 | ▲ 27% |
Key figures of THE THRONE, 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 THE THRONE?
What happened at THE THRONE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 116,550. Source: NBB ↗
- SIELO MANAGEMENT SRL became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,572 loss in 2022 to € 116,550 loss in 2025.
Management
The stake of BELGOIMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THE THRONEBehind THE THRONE are BELNEX SRL and SIELO MANAGEMENT SRL. The shares are held by BELGOIMMO (100%).
Directors
According to the 2025 annual accounts
Director · represented by Joachim Ceuppens
Also active at: IMMOBILIERE BRUXELLOISE, BELGOIMMO
Director · represented by Christophe Rousseaux
Also active at: IMMOBILIERE BRUXELLOISE, TCG INVEST, BELGOIMMO, AKILES MANAGEMENT, C-kiles
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waterloose Steenweg 66
1640 Sint-Genesius-Rode
Raymond Blyckaertsplein 4
1050 Elsene
Active since 1 April 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Belgoinvest
€ 1.5 million gross margin · 2025
IMMOBILIERE BRUXELLOISE same network
€ 143,968 gross margin · 2025
BELGOIMMO same network
€ 700,498 gross margin · 2025
Critango
AKILES MANAGEMENT same network
€ 59,514 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.095.348
- VAT number
- BE 0460.095.348
- Registered office
- Waterloose Steenweg 66, 1640 Sint-Genesius-Rode
- Names & denominations
- THE THRONE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1997
- Peppol
- Active · Active since 15 Apr 2025