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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THEATE MANAGEMENT from Spa, company number BE0719766130, closed financial year 2025 with a result of € 153,634 after tax. For that financial year THEATE MANAGEMENT recorded a gross margin of € 61,703 and equity of € 263,027. Compared with financial year 2024, the result moved from € 142,778 to € 153,634. Profitable, and profit is growing. 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 December 22, 2025.
€ 263,027
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153,634
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 70,695
▲ 179% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 41,767
▼ 44% vs 2024
€ 33,647 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 6,709
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,920 | € 25,044 | € 46,394 | € 61,703 | ▲ 33% |
| Profit after taxes | € 83,611 | € 70,813 | € 142,778 | € 153,634 | ▲ 8% |
| Equity | € 205,801 | € 276,614 | € 309,393 | € 263,027 | ▼ 15% |
| Total debts | € 232,418 | € 137,177 | € 190,579 | € 239,402 | ▲ 26% |
| Cash | € 38,612 | € 19,308 | € 25,353 | € 70,695 | ▲ 179% |
| Retained profit | € 185,801 | € 256,614 | € 289,393 | € 243,027 | ▼ 16% |
| Dividend | € 0 | € 0 | € 110,000 | € 200,000 | ▲ 82% |
| Bank debt | € 127,504 | € 92,675 | € 74,870 | € 41,767 | ▼ 44% |
| Balance sheet total | € 438,219 | € 413,791 | € 499,972 | € 502,429 |
Key figures of THEATE MANAGEMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to THEATE MANAGEMENT?
What happened at THEATE MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 153,634 (▲ 8% vs 2024). Source: NBB ↗
- Jean-Marc THEATE became a director. NBB
- New establishment in Spa. KBO
- Start of the company according to the CBE. KBO
- Cédric THEATE became a director. NBB
In short
From € 83,611 profit in 2022 to € 153,634 profit in 2025.
Paid € 34,738 in corporate taxes since 2022.
Best year ever: 2025, with € 153,634 profit.
Paid out € 310,000 in dividends to the owners in total.
Management
Behind THEATE MANAGEMENT are Cédric THEATE and Jean-Marc THEATE. It owns 100% of ASSURANCES THEATE itself.
Directors
According to the 2025 annual accounts
since 2019
since 2025
Establishments
Establishment units
Physical locations of this company
Chemin Sous-Bois 37
4900 Spa
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0719.766.130
- VAT number
- BE 0719.766.130
- Registered office
- Chemin Sous-Bois 37, 4900 Spa
- Names & denominations
- THEATE MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2019
- Peppol
- Active · Active since 14 Oct 2026