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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TH VASTGOED from Destelbergen, company number BE0803970939, closed financial year 2025 with a result of € 50,337 after tax. For that financial year TH VASTGOED recorded a gross margin of € 104,732 and equity of € 62,009. Compared with financial year 2024, the result moved from € 6,673 to € 50,337. Profitable, and profit is growing. 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 October 23, 2026.
€ 62,009
▲ € 50,337 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,337
▲ € 43,664 vs 2024
Profit after tax over the fiscal year.
€ 7,669
▼ 75% 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 € 57,009.
Debts at end 2025
€ 799,256
▲ 186% vs 2024
€ 43,924 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 10,101
▲ € 9,885 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,662
▲ € 34,349 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 17,521 | € 104,732 | ▲ € 87,211 |
| Profit after taxes | € 6,673 | € 50,337 | ▲ € 43,664 |
| Equity | € 11,673 | € 62,009 | ▲ € 50,337 |
| Total debts | € 343,197 | € 971,306 | ▲ 183% |
| Cash | € 30,487 | € 7,669 | ▼ 75% |
| Land & buildings | € 307,936 | € 291,505 | ▼ 5% |
| Retained profit | € 6,673 | € 57,009 | ▲ € 50,337 |
| Bank debt | € 279,919 | € 799,256 | ▲ 186% |
| Balance sheet total | € 354,869 | € 1,033,315 | ▲ 191% |
Key figures of TH VASTGOED, fiscal years 2024 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 VASTGOED?
What happened at TH VASTGOED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,337 (▲ € 43,664 vs 2024). filed late Source: NBB ↗
- New establishment in Destelbergen. KBO
- Tom Herrebaut became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,673 profit in 2024 to € 50,337 profit in 2025.
Paid € 18,447 in corporate taxes since 2024.
Best year ever: 2025, with € 50,337 profit.
Management
Behind TH VASTGOED is Tom Herrebaut. Tom Herrebaut is also behind DIRCA-INVEST.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Laarnebaan(HEU) 113
9070 Destelbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0803.970.939
- VAT number
- BE 0803.970.939
- Registered office
- Laarnebaan(HEU) 113, 9070 Destelbergen
- Names & denominations
- TH VASTGOED
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2023
- Peppol
- Active · Active since 30 Nov 2025
- Activities · NACE
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