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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THOEN CENTER from Aalst, company number BE0675822556, closed financial year 2025 with a result of € 380,639 after tax. For that financial year THOEN CENTER recorded revenue of € 62.1 million and equity of € 7.9 million. Compared with financial year 2024, the result moved from € 283,717 to € 380,639. 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 3, 2026.
€ 7.9 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 380,639
▲ 34% vs 2024
Profit after tax over the fiscal year.
€ 56,917
▼ 77% 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 € 7.3 million.
People and assets in 2025
65.6
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.4 million
▲ 11% vs 2024
€ 67,800 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.
€ 659,425
▲ 134% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18.9 million
▲ 30% vs 2024
€ 281,372 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 2.9 million
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.
€ 817,545
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,010,537 | € 56,345,940 | € 56,047,420 | € 62,130,668 | ▲ 11% |
| Profit after taxes | € 556,891 | € 596,887 | € 283,717 | € 380,639 | ▲ 34% |
| Equity | € 5,091,823 | € 7,224,300 | € 7,508,018 | € 7,888,657 | ▲ 5% |
| Total debts | € 12,339,603 | € 23,785,983 | € 21,715,849 | € 24,390,648 | ▲ 12% |
| Cash | € 245,782 | € 349,444 | € 252,958 | € 56,917 | ▼ 77% |
| Retained profit | € 4,778,053 | € 6,660,531 | € 6,944,248 | € 7,324,887 | ▲ 5% |
| Bank debt | € 7,289,926 | € 15,925,896 | € 14,565,231 | € 18,923,372 | ▲ 30% |
| Balance sheet total | € 17,547,601 | € 31,169,724 | € 29,384,030 | € 32,485,068 | ▲ 11% |
| Employees (FTE) | 44 | 56.5 | 64.2 | 65.6 | ▲ 1.4 |
Key figures of THOEN CENTER, 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 THOEN CENTER?
What happened at THOEN CENTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 380,639 (▲ 34% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Stestemat BV became a director. NBB
- New establishment in Zottegem. KBO
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 556,891 profit in 2022 to € 380,639 profit in 2025.
Paid € 780,627 in corporate taxes since 2022.
Best year ever: 2023, with € 596,887 profit.
Pays suppliers within 18 days on average.
A new publication or filing at THOEN CENTER? 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
The stake of STESTEMAT, THOEN IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THOEN CENTERBehind THOEN CENTER is Stestemat BV. The shares are held by STESTEMAT (85.3%) and THOEN IMMO (14.7%). It owns 100% of Thoen Automotive Ninove and 100% of Thoen Center Ninove itself.
Directors
According to the 2025 annual accounts
Director · represented by François Thoen
Also active at: THOEN CENTER NINOVE, THOEN AUTOGROEP, THOEN IMMO, THOEN AUTOMOTIVE NINOVE, THOEN, THOEN CARROSSERIE, THOEN CARROSSERIE ZOTTEGEM
since 2021
Shareholders
85.3%
14.7%
Participations
Establishments
Establishment units
Physical locations of this company
Bergemeersenstraat 120
9300 Aalst
Industrielaan 7a
9620 Zottegem
Active since 18 May 2017
Albrechtlaan 72
9300 Aalst
Active since 1 March 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →THOEN CENTER NINOVE same network
€ 17.2 million revenue · 2025
THOEN AUTOGROEP same network
€ 17.5 million revenue · 2025
THOEN AUTOMOTIVE NINOVE same network
€ 918,716 gross margin · 2025
THOEN same network
€ 55.5 million revenue · 2025
STESTEMAT same network
€ 1.2 million revenue · 2025
+3 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
- 0675.822.556
- VAT number
- BE 0675.822.556
- Registered office
- Bergemeersenstraat 120, 9300 Aalst
- Names & denominations
- THOEN CENTER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2017
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)