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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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THIELEMANS & GO from Sint-Pieters-Woluwe, company number BE0656526583, closed financial year 2025 with a result of € 22,277 after tax. For that financial year THIELEMANS & GO recorded a gross margin of € 782,731 and equity of € 155,524. Compared with financial year 2024, the result moved from € -96,496 to € 22,277. 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 July 24, 2026.
€ 155,524
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,277
▲ still € 96,496 loss in 2024
Profit after tax over the fiscal year.
€ 237,823
▲ 44% 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 € 5,524.
People and assets in 2025
17.5
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 527,286
▼ 8% vs 2024
€ 30,100 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.
€ 14,119
▼ 21% vs 2024
Of which on lease € 11,902.
Debts at end 2025
€ 72,517
▼ 26% vs 2024
€ 26,640 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 421,784
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,678
▲ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 691,711 | € 805,396 | € 732,128 | € 782,731 | ▲ 7% |
| Profit after taxes | € 9,745 | € 40,605 | € -96,496 | € 22,277 | ▲ € 118,773 |
| Equity | € 229,138 | € 229,743 | € 133,247 | € 155,524 | ▲ 17% |
| Total debts | € 857,330 | € 665,283 | € 628,009 | € 579,488 | ▼ 8% |
| Cash | € 177,783 | € 143,985 | € 165,363 | € 237,823 | ▲ 44% |
| Retained profit | € 79,138 | € 79,743 | € -16,753 | € 5,524 | ▲ € 22,277 |
| Dividend | € 0 | € 40,000 | € 0 | € 0 | |
| Bank debt | € 324,734 | € 127,926 | € 97,969 | € 72,517 | ▼ 26% |
| Balance sheet total | € 1,086,469 | € 895,026 | € 761,256 | € 735,012 | ▼ 3% |
| Employees (FTE) | 16.1 | 17.2 | 16.1 | 17.5 | ▲ 1.4 |
Key figures of THIELEMANS & GO, 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 THIELEMANS & GO?
What happened at THIELEMANS & GO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,277. Source: NBB ↗
- EPC Holding SA became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,745 profit in 2022 to € 22,277 profit in 2025.
Paid € 8,885 in corporate taxes since 2022.
Best year ever: 2023, with € 40,605 profit.
On average € 44,700 of value added per employee in 2025.
Management
Behind THIELEMANS & GO is EPC Holding SA.
Directors
According to the 2025 annual accounts
Director · represented by Carine Moortgat
since 2026
Establishments
Establishment units
Physical locations of this company
Charles Thielemanslaan 17/19
1150 Sint-Pieters-Woluwe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0656.526.583
- VAT number
- BE 0656.526.583
- Registered office
- Charles Thielemanslaan 17/19, 1150 Sint-Pieters-Woluwe
- Names & denominations
- THIELEMANS & GO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2016
- Peppol
- Active · Active since 23 Feb 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)