Financials
Financial year 2025
THG Eupen from Eupen, company number BE0465145385, closed financial year 2025 with a result of € -7,228 after tax. For that financial year THG Eupen recorded a gross margin of € 670,780 and equity of € 129,880. Compared with financial year 2024, the result moved from € 391,598 to € -7,228. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 129,880
▼ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,228
▼ still € 391,598 profit in 2024
Profit after tax over the fiscal year.
€ 99,096
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 49,880.
People and assets in 2025
8.4
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 484,634
▼ 3% vs 2024
€ 57,700 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.
€ 104,564
▲ 46% vs 2024
Of which on lease € 45,510.
Debts at end 2025
€ 676,337
▲ 58% vs 2024
€ 62,367 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 98,324
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 120,667
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,003,783 | € 1,006,043 | € 934,916 | € 670,780 | ▼ 28% |
| Profit after taxes | € 191,644 | € 165,948 | € 391,598 | € -7,228 | ▼ € 398,825 |
| Equity | € 1,032,589 | € 1,189,260 | € 237,108 | € 129,880 | ▼ 45% |
| Total debts | € 969,368 | € 787,293 | € 1,476,844 | € 940,450 | ▼ 36% |
| Cash | € 254,417 | € 347,061 | € 297,503 | € 99,096 | ▼ 67% |
| Land & buildings | € 574,106 | € 542,226 | € 505,916 | € 467,567 | ▼ 8% |
| Retained profit | € 852,589 | € 1,009,260 | € 57,108 | € 49,880 | ▼ 13% |
| Dividend | € 120,000 | € 0 | € 795,000 | € 0 | ▼ 100% |
| Bank debt | € 756,850 | € 549,138 | € 429,415 | € 676,337 | ▲ 58% |
| Balance sheet total | € 2,013,270 | € 1,983,613 | € 1,716,812 | € 1,070,452 | ▼ 38% |
| Employees (FTE) | 8.4 | 9.2 | 7.9 | 8.4 | ▲ 0.5 |
Key figures of THG Eupen, 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 October 2026.
What happened to THG Eupen?
What happened at THG Eupen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- RMi CONSULTING GmbH stepped down as director. NBB
- BIBO TAX & ACCOUNTING GmbH stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 7,228 (▼ € 398,825 vs 2024). Source: NBB ↗
- RMi CONSULTING GmbH became a director. NBB
- BIBO TAX & ACCOUNTING GmbH became a director. NBB
- New establishment in Eupen. KBO
- Start of the company according to the CBE. KBO
In short
From € 191,644 profit in 2022 to € 7,228 loss in 2025.
Paid € 242,932 in corporate taxes since 2022.
Best year ever: 2024, with € 391,598 profit.
On average € 79,900 of value added per employee in 2025.
Management
The stake of Bibo Tax & Accounting comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THG EupenThe shares are held by Bibo Tax & Accounting (100%).
Directors
According to the 2025 annual accounts
Director · represented by René MICHEL
since 2024 · until 2030
Managing director · represented by Jonathan BINOT
Also active at: ComColors Benelux
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Werthplatz 11
4700 Eupen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0465.145.385
- VAT number
- BE 0465.145.385
- Registered office
- Werthplatz 11, 4700 Eupen
- Names & denominations
- THG Eupen
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 1999
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders
Belastingconsulenten
Boekhouders en boekhouders-fiscalisten
Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis
Schatten en evalueren van onroerend goed