Financials
Financial year 2025
THINKWOOD from Houthalen-Helchteren, company number BE0816576286, closed financial year 2025 with a result of € 6,095 after tax. For that financial year THINKWOOD recorded a gross margin of € 327,045 and equity of € 204,759. Compared with financial year 2024, the result moved from € 3,571 to € 6,095. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 204,759
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,095
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 213,506
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2,400 paid out
39 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.7
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 274,282
▼ 3% vs 2024
€ 58,400 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.
€ 5,427
▼ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 305,192
▼ 3% vs 2024
€ 19,789 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 72,455
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,769
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 283,729 | € 320,462 | € 326,363 | € 327,045 | |
| Profit after taxes | € 6,615 | € 2,494 | € 3,571 | € 6,095 | ▲ 71% |
| Equity | € 199,799 | € 199,893 | € 201,064 | € 204,759 | ▲ 2% |
| Total debts | € 461,626 | € 443,159 | € 441,355 | € 448,520 | ▲ 2% |
| Cash | € 160,375 | € 190,667 | € 218,886 | € 213,506 | ▼ 2% |
| Land & buildings | € 288,738 | € 275,709 | € 262,680 | € 252,967 | ▼ 4% |
| Retained profit | € 181,199 | € 181,293 | € 182,464 | € 186,159 | ▲ 2% |
| Dividend | € 2,400 | € 2,400 | € 2,400 | € 2,400 | |
| Bank debt | € 333,820 | € 327,981 | € 316,116 | € 305,192 | ▼ 3% |
| Balance sheet total | € 661,425 | € 643,052 | € 642,419 | € 653,279 | ▲ 2% |
| Employees (FTE) | - | 5.1 | 5.3 | 4.7 | ▼ 0.6 |
Key figures of THINKWOOD, 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 THINKWOOD?
What happened at THINKWOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,095 (▲ 71% vs 2024). Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,615 profit in 2022 to € 6,095 profit in 2025.
Paid € 22,886 in corporate taxes since 2022.
Best year ever: 2022, with € 6,615 profit.
On average € 69,600 of value added per employee in 2025.
A new publication or filing at THINKWOOD? 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
Behind THINKWOOD is Giuseppe Corigliano.
Directors
According to the 2025 annual accounts
Giuseppe Corigliano
Director
Establishments
Establishment units
Physical locations of this company
Stationsstraat 118
3530 Houthalen-Helchteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0816.576.286
- VAT number
- BE 0816.576.286
- Registered office
- Stationsstraat 118, 3530 Houthalen-Helchteren
- Names & denominations
- THINKWOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2009
- Peppol
- Active · Active since 9 Mar 2026
- Activities · NACE
Reparatie en onderhoud van meubelen en stoffering
Schrijnwerk
Algemene elektrotechnische installatiewerken