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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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TH Insurance from Hooglede, company number BE0780999458, closed financial year 2025 with a result of € 635,452 after tax. For that financial year TH Insurance recorded revenue of € 1.6 million and equity of € 476,842. Compared with financial year 2024, the result moved from € 484,276 to € 635,452. 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 10, 2026.
€ 476,842
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 635,452
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 40,364
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
79 % of the profit went to the shareholders, mostly to Hoet Trucking & Renting NV (63 % of the shares). That is where the money ends up.
People and assets in 2025
4.6
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 606,637
▲ 11% vs 2024
€ 131,900 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.
€ 3,345
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15,044
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.
€ 138,150
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 882,030 | € 1,282,022 | € 1,566,621 | ▲ 22% |
| Profit after taxes | € 207,113 | € 484,276 | € 635,452 | ▲ 31% |
| Equity | € 157,113 | € 341,390 | € 476,842 | ▲ 40% |
| Total debts | € 972,942 | € 550,206 | € 653,194 | ▲ 19% |
| Cash | € 52,602 | € 49,259 | € 40,364 | ▼ 18% |
| Retained profit | € 57,113 | € 241,390 | € 376,842 | ▲ 56% |
| Dividend | € 150,000 | € 300,000 | € 500,000 | ▲ 67% |
| Balance sheet total | € 1,130,055 | € 891,596 | € 1,130,036 | ▲ 27% |
| Employees (FTE) | 3.8 | 3.9 | 4.6 | ▲ 0.7 |
Key figures of TH Insurance, fiscal years 2023 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 Insurance?
What happened at TH Insurance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tim Verlinden stepped down as director. NBB
- Juan Cervera Briones stepped down as director. NBB
- Peter Turf stepped down as director. NBB
- Patrick Verlinden stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 635,452 (▲ 31% vs 2024). Source: NBB ↗
- New establishment in Hooglede. KBO
- Tim Verlinden became a director. NBB
- Juan Cervera Briones became a director. NBB
In short
From € 207,113 profit in 2023 to € 635,452 profit in 2025.
Paid € 462,244 in corporate taxes since 2023.
Best year ever: 2025, with € 635,452 profit.
Paid out € 950,000 in dividends to the owners in total.
A new publication or filing at TH Insurance? 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
Management
The shares are held by Hoet Trucking & Renting NV (63%) and Verzekeringskantoor Van Dessel NV (37%).
Directors
According to the 2025 annual accounts
since 2022 · until 2027
Juan Cervera Briones
Director
since 2022 · until 2027
since 2022 · until 2027
Patrick Verlinden
Director
since 2022 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bruggesteenweg 249
8830 Hooglede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →TH Trucks Belux
HOET TRUCKING & RENTING same network
€ 181.1 million revenue · 2025
TURBO'S HOET BELGIUM
€ 14.5 million revenue · 2025
TH Trucks Brugge
€ 4 million revenue · 2025
TH Trucks Ieper
€ 3.8 million revenue · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0780.999.458
- VAT number
- BE 0780.999.458
- Registered office
- Bruggesteenweg 249, 8830 Hooglede
- Names & denominations
- TH Insurance
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars