Financials
Financial year 2024
T. H. CONSTRUCTION from Kraainem, company number BE0743497476, closed financial year 2024 with a result of € 12,743 after tax. For that financial year T. H. CONSTRUCTION recorded a gross margin of € 22,871 and equity of € 80,576. Compared with financial year 2023, the result moved from € 18,307 to € 12,743. The company is profitable. 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 August 26, 2025.
€ 80,576
▲ 19% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,743
▼ 30% vs 2023
Profit after tax over the fiscal year.
€ 43,182
▲ € 39,236 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 76,576.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,773
▲ € 4,194 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 860
▲ 1% vs 2023
Loans from banks and other lenders, long and short.
€ 30,503
▲ € 28,316 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,000
▼ 90% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 33,242 | € 23,066 | € 28,224 | € 22,871 | ▼ 19% |
| Profit after taxes | € 23,359 | € 15,209 | € 18,307 | € 12,743 | ▼ 30% |
| Equity | € 34,316 | € 49,526 | € 67,833 | € 80,576 | ▲ 19% |
| Total debts | € 29,725 | € 23,801 | € 14,266 | € 33,375 | ▲ 134% |
| Cash | € 2,444 | € 4,771 | € 3,946 | € 43,182 | ▲ € 39,236 |
| Retained profit | € 30,316 | € 45,526 | € 63,833 | € 76,576 | ▲ 20% |
| Bank debt | € 0 | € 0 | € 849 | € 860 | ▲ 1% |
| Balance sheet total | € 64,042 | € 73,327 | € 82,099 | € 113,951 | ▲ 39% |
Key figures of T. H. CONSTRUCTION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: profit of € 12,743 (▼ 30% vs 2023). filed late Source: NBB ↗
- New establishment in Kraainem. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,359 profit in 2021 to € 12,743 profit in 2024.
Paid € 20,494 in corporate taxes since 2021.
Best year ever: 2021, with € 23,359 profit.
A new publication or filing at T. H. CONSTRUCTION? 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
Behind T. H. CONSTRUCTION is Renato VELOSO. Renato VELOSO is also behind CASTEL SERVICES.
Directors
According to the 2024 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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