Financials
Financial year 2025
THIBAT from Waremme, company number BE0779544953, closed financial year 2025 with a result of € 21,172 after tax. For that financial year THIBAT recorded a gross margin of € 47,501 and equity of € 110,938. Compared with financial year 2024, the result moved from € 14,411 to € 21,172. 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 March 25, 2026.
€ 110,938
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,172
▲ 47% vs 2024
Profit after tax over the fiscal year.
€ 39,144
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 102,938.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,838
▲ 36% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 29,373
▲ € 27,039 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 29,961
€ 6,675 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,741
Supplier invoices still open on the last day of the fiscal year.
€ 10,148
▲ 132% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,417 | € 78,956 | € 30,611 | € 47,501 | ▲ 55% |
| Profit after taxes | € 11,245 | € 56,110 | € 14,411 | € 21,172 | ▲ 47% |
| Equity | € 19,245 | € 75,355 | € 89,766 | € 110,938 | ▲ 24% |
| Total debts | € 29,109 | € 22,910 | € 13,633 | € 41,850 | ▲ 207% |
| Cash | € 40,782 | € 75,559 | € 85,284 | € 39,144 | ▼ 54% |
| Retained profit | € 11,245 | € 67,355 | € 81,766 | € 102,938 | ▲ 26% |
| Bank debt | € 0 | € 0 | € 0 | € 29,961 | |
| Balance sheet total | € 48,354 | € 98,265 | € 103,399 | € 152,788 | ▲ 48% |
Key figures of THIBAT, 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 THIBAT?
What happened at THIBAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,172 (▲ 47% vs 2024). Source: NBB ↗
- New establishment in Waremme. KBO
- Thibaut Gielen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,245 profit in 2022 to € 21,172 profit in 2025.
Paid € 29,852 in corporate taxes since 2022.
Best year ever: 2023, with € 56,110 profit.
Management
Behind THIBAT is Thibaut Gielen.
Directors
According to the 2025 annual accounts
Thibaut Gielen
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue de Remicourt 4 box A
4300 Waremme
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0779.544.953
- VAT number
- BE 0779.544.953
- Registered office
- Rue de Remicourt 4 bus A, 4300 Waremme
- Names & denominations
- THIBAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2021
- Peppol
- Active · Active since 23 May 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Metselwerk
Uitvoeren van metsel- en voegwerken
Bouwrijp maken van terreinen
Installatie van isolatie
Slopen
Isolatiewerkzaamheden