Financials
Financial year 2025
TH-Technics from Lokeren, company number BE0554700735, closed financial year 2025 with a result of € 773,772 after tax. For that financial year TH-Technics recorded a gross margin of € 6.7 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 246,926 to € 773,772. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 12, 2026.
€ 1.2 million
▲ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 773,772
▲ 213% vs 2024
Profit after tax over the fiscal year.
€ 172,524
▲ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 352,941 paid out
46 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
91.3
▲ 18.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.2 million
▲ 46% vs 2024
€ 57,100 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.
€ 1.2 million
▼ 16% vs 2024
Of which on lease € 1.1 million.
Debts at end 2025
€ 2.3 million
▼ 6% vs 2024
€ 494,199 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.5 million
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 257,831
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,583,224 | € 5,068,960 | € 4,974,676 | € 6,730,629 | ▲ 35% |
| Profit after taxes | € 60,985 | € 366,386 | € 246,926 | € 773,772 | ▲ 213% |
| Equity | € 305,356 | € 671,743 | € 742,198 | € 1,163,030 | ▲ 57% |
| Total debts | € 3,749,526 | € 4,474,891 | € 4,840,097 | € 4,455,953 | ▼ 8% |
| Cash | € 182,271 | € 168,470 | € 106,425 | € 172,524 | ▲ 62% |
| Land & buildings | € 594,917 | € 568,957 | € 542,997 | € 517,037 | ▼ 5% |
| Retained profit | € 286,756 | € 653,143 | € 723,598 | € 1,144,430 | ▲ 58% |
| Dividend | € 0 | € 0 | € 176,471 | € 352,941 | ▲ 100% |
| Bank debt | € 1,987,101 | € 2,323,304 | € 2,480,296 | € 2,321,993 | ▼ 6% |
| Balance sheet total | € 4,054,883 | € 5,146,633 | € 5,582,296 | € 5,618,983 | ▲ 1% |
| Employees (FTE) | 58.3 | 79.2 | 72.8 | 91.3 | ▲ 18.5 |
Key figures of TH-Technics, 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 TH-Technics?
What happened at TH-Technics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 773,772 (▲ 213% vs 2024). Source: NBB ↗
- New establishment in Lokeren. KBO
- HABIBI ÖZTÜRK became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 60,985 profit in 2022 to € 773,772 profit in 2025.
Paid € 495,610 in corporate taxes since 2022.
Best year ever: 2025, with € 773,772 profit.
On average € 73,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TH-Technics is HABIBI ÖZTÜRK. HABIBI ÖZTÜRK is also behind TH-drilling.
Directors
According to the 2025 annual accounts
since 2014
Establishments
Establishment units
Physical locations of this company
Spinnerslaan 6
9160 Lokeren
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0554.700.735
- VAT number
- BE 0554.700.735
- Registered office
- Spinnerslaan 6, 9160 Lokeren
- Names & denominations
- TH-Technics
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2014
- Peppol
- Active · Active since 22 Jan 2026
- Activities · NACE
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Schrijnwerk
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels