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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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
TH BELGIUM from Kraainem, company number BE0778468055, closed financial year 2024 with a result of € 10,953 after tax. For that financial year TH BELGIUM recorded a gross margin of € 157,732 and equity of € 77,697. Compared with financial year 2023, the result moved from € 59,847 to € 10,953. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 31, 2025.
€ 77,697
▲ 16% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,953
▼ 82% vs 2023
Profit after tax over the fiscal year.
€ 28,033
▲ 102% 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 € 74,697.
People and assets in 2024
€ 315,772
▼ 7% vs 2023
Of which on lease € 275,280.
Debts at end 2024
€ 189,797
▼ 40% vs 2023
€ 184,395 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 316,337
▲ € 280,284 vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 5,011 | € 69,135 | € 157,732 | ▲ 128% |
| Profit after taxes | € 3,897 | € 59,847 | € 10,953 | ▼ 82% |
| Equity | € 6,897 | € 66,744 | € 77,697 | ▲ 16% |
| Total debts | € 14,650 | € 398,940 | € 549,784 | ▲ 38% |
| Cash | € 1,367 | € 13,908 | € 28,033 | ▲ 102% |
| Retained profit | € 3,897 | € 63,744 | € 74,697 | ▲ 17% |
| Bank debt | € 7,250 | € 318,276 | € 189,797 | ▼ 40% |
| Balance sheet total | € 21,547 | € 465,684 | € 652,740 | ▲ 40% |
Key figures of TH BELGIUM, fiscal years 2022 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 TH BELGIUM?
What happened at TH BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 10,953 (▼ 82% vs 2023). filed late Source: NBB ↗
- New establishment in Herstal. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,897 profit in 2022 to € 10,953 profit in 2024.
Paid € 976 in corporate taxes since 2022.
Best year ever: 2023, with € 59,847 profit.
A new publication or filing at TH BELGIUM? 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
Establishments
Establishment units
Physical locations of this company
Steenweg op Mechelen 455 box 1
1950 Kraainem
Rue de l'Abbaye 35
4040 Herstal
Active since 9 December 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.468.055
- VAT number
- BE 0778.468.055
- Registered office
- Steenweg op Mechelen 455 bus 1, 1950 Kraainem
- Names & denominations
- TH BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 2021
- Peppol
- Active · Active since 26 Jan 2026
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Carrosserieherstelling (inclusief spuiten en verven)
Stukadoorswerk
Groothandel in aanhangwagens, opleggers en caravans
Groothandel in bouwmaterialen, algemeen assortiment
Overige posterijen en koeriers
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