Financials
Financial year 2025
T. H. CONSTRUCTION from Kraainem, company number BE0743497476, closed financial year 2025 with a result of € 15,771 after tax. For that financial year T. H. CONSTRUCTION recorded a gross margin of € 34,529 and equity of € 96,348. Compared with financial year 2024, the result moved from € 12,743 to € 15,771. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ 96,348
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,771
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 12,370
▼ 71% 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 € 92,348.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 44,291
▲ € 39,518 vs 2024
Of which on lease € 35,798.
Debts at end 2025
€ 35,732
▲ € 34,872 vs 2024
€ 10,367 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 31,472
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,448
▲ 45% vs 2024
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 | € 23,066 | € 28,224 | € 22,871 | € 34,529 | ▲ 51% |
| Profit after taxes | € 15,209 | € 18,307 | € 12,743 | € 15,771 | ▲ 24% |
| Equity | € 49,526 | € 67,833 | € 80,576 | € 96,348 | ▲ 20% |
| Total debts | € 23,801 | € 14,266 | € 33,375 | € 70,354 | ▲ 111% |
| Cash | € 4,771 | € 3,946 | € 43,182 | € 12,370 | ▼ 71% |
| Retained profit | € 45,526 | € 63,833 | € 76,576 | € 92,348 | ▲ 21% |
| Bank debt | € 0 | € 849 | € 860 | € 35,732 | ▲ € 34,872 |
| Balance sheet total | € 73,327 | € 82,099 | € 113,951 | € 166,702 | ▲ 46% |
Key figures of T. H. CONSTRUCTION, 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 T. H. CONSTRUCTION?
What happened at T. H. CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,771 (▲ 24% vs 2024). filed late Source: NBB ↗
- New establishment in Kraainem. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,209 profit in 2022 to € 15,771 profit in 2025.
Paid € 18,332 in corporate taxes since 2022.
Best year ever: 2023, with € 18,307 profit.
Management
Behind T. H. CONSTRUCTION is Renato VELOSO. Renato VELOSO is also behind CASTEL SERVICES.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Boomgaardoord 12
1950 Kraainem
Boomgaardstraat 12
1950 Kraainem
Active since 10 February 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0743.497.476
- VAT number
- BE 0743.497.476
- Registered office
- Boomgaardoord 12, 1950 Kraainem
- Names & denominations
- T. H. CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2020
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
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