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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THred from Halle, company number BE0536434843, closed financial year 2025 with a result of € -24,959 after tax. For that financial year THred recorded a gross margin of € -12,990 and equity of € 110,626. Compared with financial year 2024, the result moved from € -60,525 to € -24,959. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ 110,626
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,959
▲ 59 % less loss than in 2024
Profit after tax over the fiscal year.
€ 992
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 98,126.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,155
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 155
Loans from banks and other lenders, long and short.
€ 658
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 280
▼ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 50,215 | € 37,891 | € -50,166 | € -12,990 | ▲ € 37,177 |
| Profit after taxes | € 8,288 | € 19,112 | € -60,525 | € -24,959 | ▲ € 35,566 |
| Equity | € 206,908 | € 196,111 | € 135,586 | € 110,626 | ▼ 18% |
| Total debts | € 12,696 | € 36,017 | € 25,894 | € 26,041 | ▲ 1% |
| Cash | € 25,029 | € 70,746 | € 4,910 | € 992 | ▼ 80% |
| Land & buildings | € 134,094 | € 130,979 | € 127,863 | € 124,748 | ▼ 2% |
| Retained profit | € 194,408 | € 183,611 | € 123,086 | € 98,126 | ▼ 20% |
| Dividend | € 0 | € 29,910 | € 0 | € 0 | |
| Bank debt | € 6,688 | € 3,394 | € 0 | € 155 | |
| Balance sheet total | € 219,604 | € 232,128 | € 161,479 | € 136,668 | ▼ 15% |
Key figures of THred, 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 THred?
What happened at THred in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 24,959. filed late Source: NBB ↗
- New establishment in Halle. KBO
- Start of the company according to the CBE. KBO
- Antoon Johanna Honings became a director. NBB
In short
From € 8,288 profit in 2022 to € 24,959 loss in 2025.
Paid € 16,378 in corporate taxes since 2022.
Best year ever: 2023, with € 19,112 profit.
Paid out € 29,910 in dividends to the owners in total.
Management
Behind THred is Antoon Johanna Honings.
Directors
According to the 2025 annual accounts
Antoon Johanna Honings
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 2 box 41
1500 Halle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0536.434.843
- VAT number
- BE 0536.434.843
- Registered office
- Nieuwstraat 2 bus 41, 1500 Halle
- Names & denominations
- THred
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2013
- Peppol
- Active · Active since 18 Sept 2026
- Activities · NACE
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