What does Theuma Group do?

Theuma Group is a joinery in Bekkevoort. Public Limited, started on 12 April 2019, 1 establishment.

What is the address of Theuma Group?

The registered office of Theuma Group is located at Zandstraat 10, 3460 Bekkevoort.

Is Theuma Group still active?

Yes. According to the CBE (29 October 2026) Theuma Group is active, legal situation “Normale toestand”, started on 12 April 2019.

Is Theuma Group registered on Peppol?

Yes, Theuma Group is registered on the Peppol network with ID 0208:0724843188.

What is the enterprise number of Theuma Group?

The enterprise number of Theuma Group is BE0724843188.

When was Theuma Group founded?

Theuma Group was founded on 12 April 2019.

Who are the directors of Theuma Group?

According to the 2025 annual accounts, the directors of Theuma Group are: Baldes NV, Rubelko BV, Long Term Value Creation BV, Alan BV, Thibaut Oosterlinck.

Is Theuma Group a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 April 2019; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did Theuma Group make in 2025?

Theuma Group recorded a loss after taxes of € 1,894,953 in financial year 2025.

What is the revenue of Theuma Group?

In its most recent annual accounts (2025), Theuma Group reported revenue of € 1,127,095.

Theuma Group (Public Limited) - Bekkevoort - BE0724843188

Dossier Theuma Group, printed on 29 October 2026 from databakkes.be/en/0724843188/theuma-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

Theuma Group from Bekkevoort, company number BE0724843188, closed financial year 2025 with a result of € -1.9 million after tax. For that financial year Theuma Group recorded revenue of € 1.1 million and equity of € 5.7 million. Compared with financial year 2024, the result moved from € -1.8 million to € -1.9 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.

What it is worth Healthy

€ 5.7 million

▼ 25% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.9 million

▼ 3 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,919

▼ 26% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -3.8 million.

Debts at end 2025

Bank debt

€ 28 million

▲ 7% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 81,312

▼ 74% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.

Taxes

€ 23,110

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,013,107 Revenue 2022: € 1,013,107 First fiscal year in the series	€ 959,894 Revenue 2023: € 959,894 ▼ 5% vs 2022 (€ 1,013,107) Unfavourable step	€ 1,190,326 Revenue 2024: € 1,190,326 ▲ 24% vs 2023 (€ 959,894) Favourable step	€ 1,127,095 Revenue 2025: € 1,127,095 ▼ 5% vs 2024 (€ 1,190,326) Unfavourable step	▼ 5%
Profit after taxes	€ -222,980 Profit after taxes 2022: € -222,980 First fiscal year in the series	€ 6,341 Profit after taxes 2023: € 6,341 ▲ € 229,321 vs 2022 (€ -222,980) Favourable step	€ -1,832,060 Profit after taxes 2024: € -1,832,060 ▼ € 1.8 million vs 2023 (€ 6,341) Unfavourable step	€ -1,894,953 Profit after taxes 2025: € -1,894,953 ▼ € 62,893 vs 2024 (€ -1,832,060) Unfavourable step	▼ € 62,893
Equity	€ 9,422,229 Equity 2022: € 9,422,229 First fiscal year in the series	€ 9,428,570 Equity 2023: € 9,428,570 Unchanged (€ 9,422,229) Favourable step	€ 7,596,510 Equity 2024: € 7,596,510 ▼ 19% vs 2023 (€ 9,428,570) Unfavourable step	€ 5,701,557 Equity 2025: € 5,701,557 ▼ 25% vs 2024 (€ 7,596,510) Unfavourable step	▼ 25%
Total debts	€ 21,851,842 Total debts 2022: € 21,851,842 First fiscal year in the series	€ 23,167,120 Total debts 2023: € 23,167,120 ▲ 6% vs 2022 (€ 21,851,842) Unfavourable step	€ 27,884,827 Total debts 2024: € 27,884,827 ▲ 20% vs 2023 (€ 23,167,120) Unfavourable step	€ 30,638,973 Total debts 2025: € 30,638,973 ▲ 10% vs 2024 (€ 27,884,827) Unfavourable step	▲ 10%
Cash	€ 7,753 Cash 2022: € 7,753 First fiscal year in the series	€ 2,285 Cash 2023: € 2,285 ▼ 71% vs 2022 (€ 7,753) Unfavourable step	€ 2,592 Cash 2024: € 2,592 ▲ 13% vs 2023 (€ 2,285) Favourable step	€ 1,919 Cash 2025: € 1,919 ▼ 26% vs 2024 (€ 2,592) Unfavourable step	▼ 26%
Retained profit	€ -58,125 Retained profit 2022: € -58,125 First fiscal year in the series	€ -51,784 Retained profit 2023: € -51,784 ▲ € 6,341 vs 2022 (€ -58,125) Favourable step	€ -1,883,844 Retained profit 2024: € -1,883,844 ▼ € 1.8 million vs 2023 (€ -51,784) Unfavourable step	€ -3,778,797 Retained profit 2025: € -3,778,797 ▼ € 1.9 million vs 2024 (€ -1,883,844) Unfavourable step	▼ € 1.9 million
Bank debt	€ 21,630,906 Bank debt 2022: € 21,630,906 First fiscal year in the series	€ 22,992,404 Bank debt 2023: € 22,992,404 ▲ 6% vs 2022 (€ 21,630,906) Unfavourable step	€ 26,140,518 Bank debt 2024: € 26,140,518 ▲ 14% vs 2023 (€ 22,992,404) Unfavourable step	€ 28,049,711 Bank debt 2025: € 28,049,711 ▲ 7% vs 2024 (€ 26,140,518) Unfavourable step	▲ 7%
Balance sheet total	€ 31,274,071 Balance sheet total 2022: € 31,274,071 First fiscal year in the series	€ 32,595,689 Balance sheet total 2023: € 32,595,689 ▲ 4% vs 2022 (€ 31,274,071) Unchanged	€ 35,481,337 Balance sheet total 2024: € 35,481,337 ▲ 9% vs 2023 (€ 32,595,689) Unchanged	€ 36,340,530 Balance sheet total 2025: € 36,340,530 ▲ 2% vs 2024 (€ 35,481,337) Unchanged	▲ 2%

Key figures of Theuma Group, 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 Theuma Group?

What happened at Theuma Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Rubelko BV stepped down as director. NBB
2030 Long Term Value Creation BV stepped down as director. NBB
2030 Alan BV stepped down as director. NBB
2030 Thibaut Oosterlinck stepped down as director. NBB
Jul 20, 2026 New annual accounts for financial year 2025: loss of € 1.9 million. Source: NBB ↗
2026 Baldes NV stepped down as director. NBB
2026 Rubelko BV became a director. NBB
2026 Thibaut Oosterlinck became a director. NBB

In short

From € 222,980 loss in 2022 to € 1.9 million loss in 2025.

Best year ever: 2023, with € 6,341 profit.

Pays suppliers within 27 days on average.

Original PDFs at the National Bank ↗

Management

M80 Capital 77.6%

ORTHAN & CAUCHY 10.5%

The stake of M80 Capital, ORTHAN & CAUCHY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Theuma Group

Indoor Collection 100%

Portapivot 100%

NOII 100%

Theuma

The shares are held by M80 Capital (77.6%) and ORTHAN & CAUCHY (10.5%). It owns 100% of Indoor Collection, 100% of Portapivot, 100% of NOII and Theuma itself.

Directors

According to the 2025 annual accounts

Baldes NV

Director · represented by Carl Annicq

Also active at: PIDE, LASER ENGINEERING APPLICATIONS, Wooden Ships, YUMA, CORTEZ NY

since 2020 · until 2026

Rubelko BV

Director · represented by Rudi Dries

since 2026 · until 2030

Long Term Value Creation BV

Director · represented by Yves De Cupere

Also active at: NOII

since 2024 · until 2030

Alan BV

Director · represented by Pieter Vermeersch

Also active at: GERANTIS ARTEVELDE, NOII, M80 Partners, Gerantis, Liburna, UW BEHEER, ACUMEN PUBLIC AFFAIRS GROUP

since 2024 · until 2030

Thibaut Oosterlinck

Director

since 2026 · until 2030

Shareholders

M80 Capital

77.6%

ORTHAN & CAUCHY

10.5%

Participations

100%

100%

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Zandstraat 10

3460 Bekkevoort

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

Theuma DoorSystems

THEUMA same network

NOII same network

€ 321,598 revenue · 2025

THEUMA FISCALE EENHEID

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0724.843.188

VAT number

BE 0724.843.188

Registered office

Zandstraat 10, 3460 Bekkevoort

Names & denominations

Theuma Group

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 April 2019

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Vervaardiging van andere artikelen van hout

Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen

Vervaardiging van andere meubelen, neg

Detailhandel in huismeubilair

Detailhandel in huismeubilair in gespecialiseerde winkels

Vervaardiging van tuin- en terrasmeubelen

View on CBE Public ↗ Annual accounts (NBB) ↗

Theuma Group

Warning lights

Financials

What happened to Theuma Group?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions