Thar is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 1 August 2022, 1 establishment.

What is the address of Thar?

The registered office of Thar is located at Bakkerstraat 3, 9860 Oosterzele.

Is Thar still active?

Yes. According to the CBE (29 October 2026) Thar is active, legal situation “Normale toestand”, started on 1 August 2022.

Is Thar registered on Peppol?

Yes, Thar is registered on the Peppol network with ID 0208:0789267125.

What is the enterprise number of Thar?

The enterprise number of Thar is BE0789267125.

When was Thar founded?

Thar was founded on 1 August 2022.

Who are the directors of Thar?

According to the 2025 annual accounts, the directors of Thar are: Lynn BLANCQUAERT, MASSIMMO PROJECTS BV, Roger LEMMENS, Ben DE GEYTER.

Is Thar a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 August 2022; 3 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Thar make in 2025?

Thar recorded a loss after taxes of € 16,049 in financial year 2025.

What is the revenue of Thar?

As a small company, Thar is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -3,946.

Thar (Private Limited) - Oosterzele - BE0789267125

Dossier Thar, printed on 29 October 2026 from databakkes.be/en/0789267125/thar. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

Thar from Oosterzele, company number BE0789267125, closed financial year 2025 with a result of € -16,049 after tax. For that financial year Thar recorded a gross margin of € -3,946 and equity of € 333,567. Compared with financial year 2024, the result moved from € -17,745 to € -16,049. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 9, 2026.

What it is worth Healthy

€ 333,567

▼ 5% vs 2024

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

Loss Caution

€ -16,049

▲ 10 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 152

▼ 83% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -66,433.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 71

▼ 92% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -11,626 Gross margin 2023: € -11,626 First fiscal year in the series	€ -4,622 Gross margin 2024: € -4,622 ▲ € 7,004 vs 2023 (€ -11,626) Favourable step	€ -3,946 Gross margin 2025: € -3,946 ▲ € 677 vs 2024 (€ -4,622) Favourable step	▲ € 677
Profit after taxes	€ -32,639 Profit after taxes 2023: € -32,639 First fiscal year in the series	€ -17,745 Profit after taxes 2024: € -17,745 ▲ € 14,894 vs 2023 (€ -32,639) Favourable step	€ -16,049 Profit after taxes 2025: € -16,049 ▲ € 1,696 vs 2024 (€ -17,745) Favourable step	▲ € 1,696
Equity	€ 367,361 Equity 2023: € 367,361 First fiscal year in the series	€ 349,616 Equity 2024: € 349,616 ▼ 5% vs 2023 (€ 367,361) Unfavourable step	€ 333,567 Equity 2025: € 333,567 ▼ 5% vs 2024 (€ 349,616) Unfavourable step	▼ 5%
Total debts	€ 70,972 Total debts 2023: € 70,972 First fiscal year in the series	€ 77,383 Total debts 2024: € 77,383 ▲ 9% vs 2023 (€ 70,972) Unfavourable step	€ 81,967 Total debts 2025: € 81,967 ▲ 6% vs 2024 (€ 77,383) Unfavourable step	▲ 6%
Cash	€ 1,181 Cash 2023: € 1,181 First fiscal year in the series	€ 902 Cash 2024: € 902 ▼ 24% vs 2023 (€ 1,181) Unfavourable step	€ 152 Cash 2025: € 152 ▼ 83% vs 2024 (€ 902) Unfavourable step	▼ 83%
Land & buildings	€ 435,915 Land & buildings 2023: € 435,915 First fiscal year in the series	€ 425,522 Land & buildings 2024: € 425,522 ▼ 2% vs 2023 (€ 435,915) Unchanged	€ 414,981 Land & buildings 2025: € 414,981 ▼ 2% vs 2024 (€ 425,522) Unchanged	▼ 2%
Retained profit	€ -32,639 Retained profit 2023: € -32,639 First fiscal year in the series	€ -50,384 Retained profit 2024: € -50,384 ▼ € 17,745 vs 2023 (€ -32,639) Unfavourable step	€ -66,433 Retained profit 2025: € -66,433 ▼ € 16,049 vs 2024 (€ -50,384) Unfavourable step	▼ € 16,049
Balance sheet total	€ 438,333 Balance sheet total 2023: € 438,333 First fiscal year in the series	€ 426,999 Balance sheet total 2024: € 426,999 ▼ 3% vs 2023 (€ 438,333) Unchanged	€ 415,534 Balance sheet total 2025: € 415,534 ▼ 3% vs 2024 (€ 426,999) Unchanged	▼ 3%

Key figures of Thar, 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 Thar?

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

Aug 9, 2026 New annual accounts for financial year 2025: loss of € 16,049. filed late Source: NBB ↗
2025 Lynn BLANCQUAERT became a director. NBB
2025 MASSIMMO PROJECTS BV became a director. NBB
2025 Roger LEMMENS stepped down as director. NBB
2025 Ben DE GEYTER stepped down as director. NBB
Aug 1, 2022 New establishment in Oosterzele. KBO
2022 Roger LEMMENS became a director. NBB
2022 Ben DE GEYTER became a director. NBB

In short

From € 32,639 loss in 2023 to € 16,049 loss in 2025.

Original PDFs at the National Bank ↗

Management

MASSIMMO PROJECTS 100%

The stake of MASSIMMO PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Thar

Behind Thar are Lynn BLANCQUAERT and MASSIMMO PROJECTS BV. The shares are held by MASSIMMO PROJECTS (100%).

Directors

According to the 2025 annual accounts

Lynn BLANCQUAERT

Director

Also active at: BLANCQUAERT, MASSIM(M)O

since 2025

MASSIMMO PROJECTS BV

Director · represented by Pascal BLANCQUAERT

since 2025

Roger LEMMENS

Director

Also active at: Health House, imec.istart Partners

since 2022 · until 2025

Ben DE GEYTER

Director

Also active at: ESTATE 52, DE-GEYTER

since 2022 · until 2025

Shareholders

MASSIMMO PROJECTS

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Bakkerstraat 3

9860 Oosterzele

2.335.358.538

Stationsstraat 72

9860 Oosterzele

Active since 1 August 2022

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

Details

Company number

0789.267.125

VAT number

BE 0789.267.125

Registered office

Bakkerstraat 3, 9860 Oosterzele

Names & denominations

Thar

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 August 2022

Peppol

Active · Active since 19 Mar 2026

Activities · NACE

Handel in eigen onroerend goed

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

Thar

Warning lights

Financials

What happened to Thar?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions