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
16 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
THULA & THULA from Oudenaarde, company number BE0818188664, closed financial year 2025 with a result of € 16,841 after tax. For that financial year THULA & THULA recorded a gross margin of € -250,641 and equity of € 23.5 million. Compared with financial year 2024, the result moved from € 10 million to € 16,841. The company is profitable. 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 July 7, 2026.
€ 23.5 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,841
▼ € 10 million vs 2024
Profit after tax over the fiscal year.
€ 2.3 million
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 575,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 59,901
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 110,951
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,495
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,834
▼ € 994,455 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 198,000 | € 198,000 | - | - | |
| Gross margin | - | - | € -41,458 | € -250,641 | ▼ € 209,183 |
| Profit after taxes | € 2,538,989 | € 586,633 | € 10,045,275 | € 16,841 | ▼ € 10 million |
| Equity | € 13,725,752 | € 14,077,385 | € 24,022,662 | € 23,464,503 | ▼ 2% |
| Total debts | € 625,811 | € 242,477 | € 1,168,301 | € 583,329 | ▼ 50% |
| Cash | € 6,244,328 | € 1,409,943 | € 7,912,444 | € 2,289,601 | ▼ 71% |
| Land & buildings | € 1,441,433 | € 1,473,277 | € 1,566,700 | € 1,610,228 | ▲ 3% |
| Retained profit | € 13,353,562 | € 13,705,195 | € 23,650,472 | € 23,092,313 | ▼ 2% |
| Dividend | € 600,000 | € 235,000 | € 100,000 | € 575,000 | ▲ € 475,000 |
| Balance sheet total | € 14,351,563 | € 14,319,862 | € 25,190,963 | € 24,047,832 | ▼ 5% |
| Employees (FTE) | 0.2 | 0.5 | - | - |
Key figures of THULA & THULA, 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 THULA & THULA?
What happened at THULA & THULA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,841 (▼ € 10 million vs 2024). Source: NBB ↗
- SORRIS SORRIS BV became a director. NBB
- New establishment in Oudenaarde. KBO
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.5 million profit in 2022 to € 16,841 profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2024, with € 10 million profit.
Paid out € 1.5 million in dividends to the owners in total.
Management
Behind THULA & THULA is SORRIS SORRIS BV. SORRIS SORRIS BV is also behind OSTARA.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Ronseweg 66 box 2/17
9700 Oudenaarde
Natendries 11
9700 Oudenaarde
Active since 1 July 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →OSTARA same network
€ 10.9 million revenue · 2025
KAMUT ENTERPRISES OF EUROPE
€ 221,905 gross margin · 2025
HOAX
€ -3,001 gross margin · 2025
HOAXLAND
€ 2,798 gross margin · 2025
Manora
€ -5,278 gross margin · 2025
+11 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
- 0818.188.664
- VAT number
- BE 0818.188.664
- Registered office
- Ronseweg 66 bus 2/17, 9700 Oudenaarde
- Names & denominations
- THULA & THULA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 2009
- Peppol
- Not registered
- Activities · NACE
Ondersteunende activiteiten in verband met de veeteelt
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen