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 10 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Thomas Cardoen from Boortmeerbeek, company number BE0663902741, closed financial year 2026 with a result of € 495,988 after tax. For that financial year Thomas Cardoen recorded a gross margin of € 734,552 and equity of € 74,257. Compared with financial year 2025, the result moved from € 409,169 to € 495,988. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2026.
€ 74,257
▲ 12% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 495,988
▲ 21% vs 2025
Profit after tax over the fiscal year.
€ 95,387
▼ 25% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 487,853 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
€ 58,710
▼ 31% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 559,800
▲ 12% vs 2025
€ 540,200 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 12,025
▲ 122% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 22,376
▼ 3% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 437,061 | € 541,044 | € 595,327 | € 734,552 | ▲ 23% |
| Profit after taxes | € 318,382 | € 426,692 | € 409,169 | € 495,988 | ▲ 21% |
| Equity | € 435,880 | € 512,572 | € 66,122 | € 74,257 | ▲ 12% |
| Total debts | € 633,589 | € 504,774 | € 967,633 | € 1,112,491 | ▲ 15% |
| Cash | € 351,380 | € 72,060 | € 127,792 | € 95,387 | ▼ 25% |
| Land & buildings | € 30,322 | € 52,135 | € 47,373 | € 148,832 | ▲ 214% |
| Retained profit | € 405,880 | € 482,572 | € 36,122 | € 44,257 | ▲ 23% |
| Dividend | € 250,000 | € 350,000 | € 855,619 | € 487,853 | ▼ 43% |
| Bank debt | € 458,133 | € 462,233 | € 499,233 | € 559,800 | ▲ 12% |
| Balance sheet total | € 1,069,469 | € 1,017,346 | € 1,033,756 | € 1,186,748 | ▲ 15% |
Key figures of Thomas Cardoen, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 November 2027.
What happened to Thomas Cardoen?
What happened at Thomas Cardoen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 495,988 (▲ 21% vs 2025). Source: NBB ↗
- Thomas Cardoen became a director. NBB
- New establishment in Boortmeerbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 318,382 profit in 2023 to € 495,988 profit in 2026.
Paid € 520,730 in corporate taxes since 2023.
Best year ever: 2026, with € 495,988 profit.
Paid out € 1.9 million in dividends to the owners in total.
Management
Behind Thomas Cardoen is Thomas Cardoen.
Directors
According to the 2026 annual accounts
Thomas Cardoen
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Azalealaan 8
3191 Boortmeerbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0663.902.741
- VAT number
- BE 0663.902.741
- Registered office
- Azalealaan 8, 3191 Boortmeerbeek
- Names & denominations
- Thomas Cardoen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2016
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
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