Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THORMES from Merelbeke-Melle, company number BE0644891137, closed financial year 2025 with a result of € 67,117 after tax. For that financial year THORMES recorded a gross margin of € 189,128 and equity of € 87,577. Compared with financial year 2024, the result moved from € 74,584 to € 67,117. The company is profitable. The buffer shrank hard: equity is 84 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 87,577
▼ 84% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,117
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 26,569
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 519,822 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 70,018
▲ 3% vs 2024
€ 70,000 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.
€ 2,883
▼ 96% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 93,603
€ 20,087 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 36,142
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,649
▲ 156% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 203,412 | € 249,336 | € 181,435 | € 189,128 | ▲ 4% |
| Profit after taxes | € 102,692 | € 119,296 | € 74,584 | € 67,117 | ▼ 10% |
| Equity | € 346,402 | € 465,698 | € 540,282 | € 87,577 | ▼ 84% |
| Total debts | € 225,936 | € 120,100 | € 101,512 | € 666,803 | ▲ € 565,290 |
| Cash | € 57,121 | € 27,895 | € 96,656 | € 26,569 | ▼ 73% |
| Retained profit | € 327,802 | € 447,098 | € 521,682 | € 68,977 | ▼ 87% |
| Dividend | € 0 | € 0 | € 0 | € 519,822 | |
| Bank debt | € 0 | € 0 | € 0 | € 93,603 | |
| Balance sheet total | € 572,339 | € 585,798 | € 641,795 | € 754,380 | ▲ 18% |
| Employees (FTE) | - | - | - | 1 |
Key figures of THORMES, 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 THORMES?
What happened at THORMES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 67,117 (▼ 10% vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 102,692 profit in 2022 to € 67,117 profit in 2025.
Paid € 111,310 in corporate taxes since 2022.
Best year ever: 2023, with € 119,296 profit.
On average € 189,100 of value added per employee in 2025.
A new publication or filing at THORMES? We notify you, reason included.
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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 THORMES are Cnudde Marc and Nancy Sienaert. Nancy Sienaert is also behind STER.
Directors
According to the 2025 annual accounts
Cnudde Marc
Director
Establishments
Establishment units
Physical locations of this company
Leemstraat 26
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0644.891.137
- VAT number
- BE 0644.891.137
- Registered office
- Leemstraat 26, 9820 Merelbeke-Melle
- Names & denominations
- THORMES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2015
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- thormes.be
- Activities · NACE
Vervaardiging van carrosserieën voor motorvoertuigen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Carrosserieherstelling (inclusief spuiten en verven)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Reparatie en montage van specifieke auto-onderdelen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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