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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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Thearth Belgium from Gent, company number BE0651943037, closed financial year 2025 with a result of € 295,368 after tax. For that financial year Thearth Belgium recorded a gross margin of € 115,546 and equity of € 5.5 million. Compared with financial year 2024, the result moved from € 525,641 to € 295,368. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 5.5 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 295,368
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 23,285
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.5 million.
People and assets in 2025
€ 4,310
▼ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7,467
Loans from banks and other lenders, long and short.
€ 35,158
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,258
▲ € 107,267 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,141,846 | € 1,870,319 | € 592,017 | € 115,546 | ▼ 80% |
| Profit after taxes | € 3,364,807 | € 1,265,574 | € 525,641 | € 295,368 | ▼ 44% |
| Equity | € 3,437,436 | € 4,703,010 | € 5,228,651 | € 5,524,019 | ▲ 6% |
| Total debts | € 1,224,669 | € 106,859 | € 192,168 | € 152,884 | ▼ 20% |
| Cash | € 2,146,750 | € 2,506,293 | € 181,172 | € 23,285 | ▼ 87% |
| Retained profit | € 3,377,542 | € 4,643,116 | € 5,168,757 | € 5,464,125 | ▲ 6% |
| Bank debt | € 7,467 | € 7,467 | € 7,467 | € 7,467 | |
| Balance sheet total | € 4,662,105 | € 4,809,869 | € 5,420,819 | € 5,676,903 | ▲ 5% |
Key figures of Thearth Belgium, 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 Thearth Belgium?
What happened at Thearth Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 295,368 (▼ 44% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.4 million profit in 2022 to € 295,368 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.4 million profit.
A new publication or filing at Thearth Belgium? 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
Directors
According to the 2025 annual accounts
Jie Hu
Director
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1126
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Le Carbone, Société Anonyme Belge
PKF Bofidi Services
€ 12.5 million revenue · 2025
B-expert services
€ 2.2 million gross margin · 2025
LUCTOR BELTING BELGIE
€ 680,997 gross margin · 2025
PKF BOFIDI Accountants & Advisers
€ 47.2 million revenue · 2025
+20 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
- 0651.943.037
- VAT number
- BE 0651.943.037
- Registered office
- Kortrijksesteenweg 1126, 9051 Gent
- Names & denominations
- Thearth Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 April 2016
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
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