TH is a shop in Gerpinnes. Private Limited, started on 24 September 2021, 1 establishment.

What is the address of TH?

The registered office of TH is located at Chaussée de Philippeville(GER) 184, 6280 Gerpinnes.

Yes. According to the CBE (29 October 2026) TH is active, legal situation “Normale toestand”, started on 24 September 2021.

Is TH registered on Peppol?

Yes, TH is registered on the Peppol network with ID 0208:0774546384.

What is the enterprise number of TH?

The enterprise number of TH is BE0774546384.

TH was founded on 24 September 2021.

Who are the directors of TH?

According to the 2025 annual accounts, the directors of TH are: THOMAS HANNECART.

Is TH a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 September 2021; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did TH make in 2025?

TH posted a profit after taxes of € 363,085 in financial year 2025.

What is the revenue of TH?

As a small company, TH is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 751,090.

Does TH have a website?

Yes, TH has a website at balicocospa.be.

TH (Private Limited) - Gerpinnes - BE0774546384

Dossier TH, printed on 29 October 2026 from databakkes.be/en/0774546384/th. 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.

Tight liquidity NBB

Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TH from Gerpinnes, company number BE0774546384, closed financial year 2025 with a result of € 363,085 after tax. For that financial year TH recorded a gross margin of € 751,090 and equity of € 121,405. Compared with financial year 2024, the result moved from € 277,406 to € 363,085. Profitable, and profit is growing. The buffer shrank hard: equity is 81 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.

What it is worth Shrank hard

€ 121,405

▼ 81% vs 2024

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

Profit Growing

€ 363,085

▲ 31% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 405,539

▲ 55% vs 2024

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

Where the profit goes Pays out

€ 865,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Wage cost

€ 255,598

▲ 13% 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.

Vehicles and equipment

€ 178,625

▲ 54% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 287,188

▼ 25% vs 2024

€ 104,102 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 57,754

▲ 50% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 176,991

▲ 16% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 129,920 Gross margin 2022: € 129,920 First fiscal year in the series	€ 578,807 Gross margin 2023: € 578,807 ▲ € 448,887 vs 2022 (€ 129,920) Favourable step	€ 605,478 Gross margin 2024: € 605,478 ▲ 5% vs 2023 (€ 578,807) Favourable step	€ 751,090 Gross margin 2025: € 751,090 ▲ 24% vs 2024 (€ 605,478) Favourable step	▲ 24%
Profit after taxes	€ -53,236 Profit after taxes 2022: € -53,236 First fiscal year in the series	€ 299,149 Profit after taxes 2023: € 299,149 ▲ € 352,385 vs 2022 (€ -53,236) Favourable step	€ 277,406 Profit after taxes 2024: € 277,406 ▼ 7% vs 2023 (€ 299,149) Unfavourable step	€ 363,085 Profit after taxes 2025: € 363,085 ▲ 31% vs 2024 (€ 277,406) Favourable step	▲ 31%
Equity	€ 46,764 Equity 2022: € 46,764 First fiscal year in the series	€ 345,913 Equity 2023: € 345,913 ▲ € 299,149 vs 2022 (€ 46,764) Favourable step	€ 623,320 Equity 2024: € 623,320 ▲ 80% vs 2023 (€ 345,913) Favourable step	€ 121,405 Equity 2025: € 121,405 ▼ 81% vs 2024 (€ 623,320) Unfavourable step	▼ 81%
Total debts	€ 1,018,402 Total debts 2022: € 1,018,402 First fiscal year in the series	€ 1,206,817 Total debts 2023: € 1,206,817 ▲ 19% vs 2022 (€ 1,018,402) Unfavourable step	€ 1,311,304 Total debts 2024: € 1,311,304 ▲ 9% vs 2023 (€ 1,206,817) Unfavourable step	€ 1,951,517 Total debts 2025: € 1,951,517 ▲ 49% vs 2024 (€ 1,311,304) Unfavourable step	▲ 49%
Cash	€ 406,579 Cash 2022: € 406,579 First fiscal year in the series	€ 345,358 Cash 2023: € 345,358 ▼ 15% vs 2022 (€ 406,579) Unfavourable step	€ 262,334 Cash 2024: € 262,334 ▼ 24% vs 2023 (€ 345,358) Unfavourable step	€ 405,539 Cash 2025: € 405,539 ▲ 55% vs 2024 (€ 262,334) Favourable step	▲ 55%
Retained profit	€ -53,236 Retained profit 2022: € -53,236 First fiscal year in the series	€ 245,913 Retained profit 2023: € 245,913 ▲ € 299,149 vs 2022 (€ -53,236) Favourable step	€ 523,320 Retained profit 2024: € 523,320 ▲ 113% vs 2023 (€ 245,913) Favourable step	€ 21,405 Retained profit 2025: € 21,405 ▼ 96% vs 2024 (€ 523,320) Unfavourable step	▼ 96%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 865,000 Dividend 2025: € 865,000 Unchanged (€ 0) Unchanged
Bank debt	€ 451,000 Bank debt 2022: € 451,000 First fiscal year in the series	€ 372,315 Bank debt 2023: € 372,315 ▼ 17% vs 2022 (€ 451,000) Favourable step	€ 384,179 Bank debt 2024: € 384,179 ▲ 3% vs 2023 (€ 372,315) Unfavourable step	€ 287,188 Bank debt 2025: € 287,188 ▼ 25% vs 2024 (€ 384,179) Favourable step	▼ 25%
Balance sheet total	€ 1,065,166 Balance sheet total 2022: € 1,065,166 First fiscal year in the series	€ 1,552,730 Balance sheet total 2023: € 1,552,730 ▲ 46% vs 2022 (€ 1,065,166) Unchanged	€ 1,934,624 Balance sheet total 2024: € 1,934,624 ▲ 25% vs 2023 (€ 1,552,730) Unchanged	€ 2,072,921 Balance sheet total 2025: € 2,072,921 ▲ 7% vs 2024 (€ 1,934,624) Unchanged	▲ 7%

Key figures of TH, 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 TH?

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

May 22, 2026 New annual accounts for financial year 2025: profit of € 363,085 (▲ 31% vs 2024). Source: NBB ↗
Sep 24, 2021 New establishment in Gerpinnes. KBO
2021 THOMAS HANNECART became a director. NBB
Sep 24, 2021 Start of the company according to the CBE. KBO

In short

From € 53,236 loss in 2022 to € 363,085 profit in 2025.

Paid € 264,646 in corporate taxes since 2022.

Best year ever: 2025, with € 363,085 profit.

Paid out € 865,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

THOMAS HANNECART

Behind TH is THOMAS HANNECART.

Directors

According to the 2025 annual accounts

THOMAS HANNECART

Director

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée de Philippeville(GER) 184

6280 Gerpinnes

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 →

TH2

€ -19,060 gross margin · 2025

HOLDING HANNECART

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

Website

HTTPS balicocospa.be

Technologies

BootstrapFont AwesomeGoogle FontsGoogle MapsPHPWordPress

Website info

HTTPS Ja

Indexable pages 8

Languages FR

Features

Contact page

Details

Company number

0774.546.384

VAT number

BE 0774.546.384

Registered office

Chaussée de Philippeville(GER) 184, 6280 Gerpinnes

Names & denominations

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

24 September 2021

Peppol

Active · Active since 22 Dec 2025

Contact

balicocospa.be

Activities · NACE

Detailhandel in huismeubilair

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Overige werkzaamheden in verband met de afwerking van gebouwen

Detailhandel in elektrische huishoudapparaten

Vervaardiging van keukenmeubelen

View on CBE Public ↗ Annual accounts (NBB) ↗

TH