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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Shrinking team NBB
FTE fell two years in a row, from 10.5 to 0.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
THIST from Tielt, company number BE0662622242, closed financial year 2026 with a result of € 56,883 after tax. For that financial year THIST recorded a gross margin of € 22,217 and equity of € 422,163. Compared with financial year 2025, the result moved from € 1.3 million to € 56,883. The company is profitable. 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 October 22, 2026.
€ 422,163
▼ 42% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,883
▼ 96% vs 2025
Profit after tax over the fiscal year.
€ 1,331
▼ 99% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 360,368 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
0
▼ 3.5 vs 2025
Average over the fiscal year, from the social balance sheet.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 98,824
▲ 131% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 8,453
▼ 89% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 773,235 | € 854,027 | € 1,937,617 | € 22,217 | ▼ 99% |
| Profit after taxes | € 167,222 | € 89,646 | € 1,335,756 | € 56,883 | ▼ 96% |
| Equity | € 706,010 | € 743,891 | € 725,648 | € 422,163 | ▼ 42% |
| Total debts | € 451,780 | € 866,477 | € 250,818 | € 107,440 | ▼ 57% |
| Cash | € 136,950 | € 13,277 | € 109,815 | € 1,331 | ▼ 99% |
| Retained profit | € 644,010 | € 681,891 | € 663,648 | € 360,163 | ▼ 46% |
| Dividend | € 0 | € 51,765 | € 1,354,000 | € 360,368 | ▼ 73% |
| Bank debt | € 105,436 | € 415,271 | € 0 | € 0 | |
| Balance sheet total | € 1,157,790 | € 1,610,369 | € 976,466 | € 529,602 | ▼ 46% |
| Employees (FTE) | 9.5 | 10.5 | 3.5 | 0 | ▼ 3.5 |
Key figures of THIST, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to THIST?
What happened at THIST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stijn VAN NIEUWENHOVE stepped down as director. NBB
- Thierry DEMEYER stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 56,883 (▼ 96% vs 2025). Source: NBB ↗
- Stijn VAN NIEUWENHOVE became a director. NBB
- Thierry DEMEYER became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 167,222 profit in 2023 to € 56,883 profit in 2026.
Paid € 579,355 in corporate taxes since 2023.
Best year ever: 2025, with € 1.3 million profit.
On average € 553,600 of value added per employee in 2025.
Management
Directors
According to the 2026 annual accounts
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Gruuthusestraat 6 box 201
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Eurosense Belfotop
€ 548,123 gross margin · 2024
EUROSENSE TECHNOLOGIES
€ 557,818 gross margin · 2023
Terra Incognita
KANTOOR VERBRUGGHE & Co
€ 404,815 gross margin · 2025
OPTIMUS ACCOUNTANCY
€ 289,863 gross margin · 2025
+5 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
- 0662.622.242
- VAT number
- BE 0662.622.242
- Registered office
- Gruuthusestraat 6 bus 201, 8700 Tielt
- Names & denominations
- THIST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 2016
- Peppol
- Active · Active since 1 Sept 2025
- Activities · NACE
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