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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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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
THG HR & PAY from Waterloo, company number BE0753696136, closed financial year 2025 with a result of € 197,353 after tax. For that financial year THG HR & PAY recorded a gross margin of € 323,694 and equity of € 108,255. Compared with financial year 2024, the result moved from € 153,289 to € 197,353. 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 June 26, 2026.
€ 108,255
▲ 78% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 197,353
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 151,534
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
76 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 80,499
▼ 37% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,944
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 192
Loans from banks and other lenders, long and short.
€ 32,871
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,267
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 92,939 | € 104,220 | € 298,882 | € 323,694 | ▲ 8% |
| Profit after taxes | € 80,825 | € 30,974 | € 153,289 | € 197,353 | ▲ 29% |
| Equity | € -3,360 | € 27,614 | € 60,903 | € 108,255 | ▲ 78% |
| Total debts | € 116,751 | € 67,001 | € 153,203 | € 198,912 | ▲ 30% |
| Cash | € 15,981 | € 21,890 | € 97,347 | € 151,534 | ▲ 56% |
| Retained profit | € -21,360 | € 9,614 | € 42,903 | € 90,255 | ▲ 110% |
| Dividend | € 0 | € 0 | € 120,000 | € 150,000 | ▲ 25% |
| Bank debt | € 0 | € 0 | € 0 | € 192 | |
| Balance sheet total | € 113,391 | € 94,614 | € 214,105 | € 307,167 | ▲ 43% |
Key figures of THG HR & PAY, 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 THG HR & PAY?
What happened at THG HR & PAY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 197,353 (▲ 29% vs 2024). Source: NBB ↗
- THG Patrimonia SRL became a director. NBB
- Spin Move Consulting SRL became a director. NBB
- THJ INVEST SRL became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,825 profit in 2022 to € 197,353 profit in 2025.
Paid € 36,825 in corporate taxes since 2022.
Best year ever: 2025, with € 197,353 profit.
Paid out € 270,000 in dividends to the owners in total.
Management
The stake of SPIN MOVE CONSULTING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THG HR & PAYBehind THG HR & PAY are THG Patrimonia SRL, Spin Move Consulting SRL and THJ INVEST SRL. The shares are held by SPIN MOVE CONSULTING (15%).
Directors
According to the 2025 annual accounts
since 2024
since 2024
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Louvain 233
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
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+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Features
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Details
- Company number
- 0753.696.136
- VAT number
- BE 0753.696.136
- Registered office
- Chaussée de Louvain 233, 1410 Waterloo
- Names & denominations
- THG HR & PAY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2020
- Peppol
- Active · Active since 3 Oct 2024
- Contact
- thg.be
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