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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THIO TRACK BELGIUM from Saint-Ghislain, company number BE0769857128, closed financial year 2025 with a result of € -2 million after tax. For that financial year THIO TRACK BELGIUM recorded a gross margin of € -664,912 and equity of € -7.8 million. Compared with financial year 2024, the result moved from € -2.4 million to € -2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ -7.8 million
▼ € 2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2 million
▲ 18 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7.9 million.
People and assets in 2025
2.4
▼ 6.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 209,182
▼ 60% vs 2024
€ 87,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,822
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11.2 million
▲ 11% vs 2024
Loans from banks and other lenders, long and short.
€ 879,647
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,579
▼ 54% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,009,073 | € -510,392 | € -763,073 | € -664,912 | ▲ € 98,162 |
| Profit after taxes | € -1,937,192 | € -1,574,250 | € -2,383,008 | € -1,965,566 | ▲ € 417,442 |
| Equity | € -1,837,192 | € -3,411,442 | € -5,794,450 | € -7,760,016 | ▼ € 2 million |
| Total debts | € 8,637,277 | € 8,828,737 | € 10,781,362 | € 12,116,577 | ▲ 12% |
| Land & buildings | € 80,275 | € 75,563 | € 69,442 | € 63,322 | ▼ 9% |
| Retained profit | € -1,937,192 | € -3,511,442 | € -5,894,450 | € -7,860,016 | ▼ € 2 million |
| Bank debt | € 6,236,297 | € 7,186,147 | € 10,114,582 | € 11,218,351 | ▲ 11% |
| Balance sheet total | € 6,800,085 | € 5,417,295 | € 4,986,912 | € 4,356,562 | ▼ 13% |
| Employees (FTE) | 4.9 | 9.1 | 9.1 | 2.4 | ▼ 6.7 |
Key figures of THIO TRACK BELGIUM, 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 THIO TRACK BELGIUM?
What happened at THIO TRACK BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Consulting PB SRL stepped down as director. NBB
- De Bonte New Generation SRL stepped down as director. NBB
- Smartech-DBF SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2 million. filed late Source: NBB ↗
- New establishment in Saint-Ghislain. KBO
- Start of the company according to the CBE. KBO
- Consulting PB SRL became a director. NBB
- De Bonte New Generation SRL became a director. NBB
In short
From € 1.9 million loss in 2022 to € 2 million loss in 2025.
Paid € 591 in corporate taxes since 2022.
Management
The shares are held by De Bonte New Generation SRL (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Monsieur Pascal Blommaert
Also active at: BETONS PREPARES ET MANUFACTURES DU NAMUROIS, BETONFABRIEK DE BONTE EN VAN HECKE, GEBROEDERS DE BONTE, THIO MATERIALS BELGIUM, C.A.S.Q.C. Prefarails, BETONFABRIEK DE BONTE, DE BONTE NEW GENERATION, THIO MATERIALS +7 more
since 2021 · until 2027
Director · represented by Ellen De Bonte
Also active at: BETONS PREPARES ET MANUFACTURES DU NAMUROIS, BETONFABRIEK DE BONTE EN VAN HECKE, GEBROEDERS DE BONTE, THIO MATERIALS BELGIUM, BETONFABRIEK DE BONTE, THIO MATERIALS, Sateba Belgium Baudour, DE BONTE INTERNATIONAL +2 more
since 2021 · until 2027
Director · represented by Monsieur Filip De Bonte
Also active at: BETONS PREPARES ET MANUFACTURES DU NAMUROIS, BETONFABRIEK DE BONTE EN VAN HECKE, GEBROEDERS DE BONTE, THIO MATERIALS BELGIUM, C.A.S.Q.C. Prefarails, BETONFABRIEK DE BONTE, DE BONTE NEW GENERATION, THIO MATERIALS +8 more
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Parc Communal de Baudour(B) Zone E
7331 Saint-Ghislain
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0769.857.128
- VAT number
- BE 0769.857.128
- Registered office
- Parc Communal de Baudour(B) Zone E, 7331 Saint-Ghislain
- Names & denominations
- THIO TRACK BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 2021
- Peppol
- Active · Active since 5 Feb 2026
- Activities · NACE
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