Financials
Financial year 2025
TH Project & Management from Elsene, company number BE0830704931, closed financial year 2025 with a result of € 79,822 after tax. For that financial year TH Project & Management recorded a gross margin of € 201,411 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 273,348 to € 79,822. The company is profitable. 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 September 19, 2025.
€ 1.1 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,822
▼ 71% vs 2024
Profit after tax over the fiscal year.
€ 421,118
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 14,166 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 23,601
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 303,426
▲ € 234,801 vs 2024
€ 35,273 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 4,120
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,862
▲ 50% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 379,599 | € 493,062 | € 622,066 | € 201,411 | ▼ 68% |
| Profit after taxes | € 151,287 | € 251,708 | € 273,348 | € 79,822 | ▼ 71% |
| Equity | € 531,531 | € 772,889 | € 1,026,237 | € 1,091,893 | ▲ 6% |
| Total debts | € 261,212 | € 231,866 | € 133,241 | € 374,450 | ▲ 181% |
| Cash | € 190,685 | € 329,713 | € 301,594 | € 421,118 | ▲ 40% |
| Land & buildings | € 410,688 | € 400,681 | € 592,173 | € 889,410 | ▲ 50% |
| Retained profit | € 512,931 | € 754,289 | € 1,007,637 | € 1,073,293 | ▲ 7% |
| Dividend | € 20,977 | € 1,600 | € 20,000 | € 14,166 | ▼ 29% |
| Bank debt | € 102,121 | € 87,353 | € 68,626 | € 303,426 | ▲ € 234,801 |
| Balance sheet total | € 836,778 | € 1,048,789 | € 1,203,513 | € 1,510,378 | ▲ 25% |
| Employees (FTE) | - | - | 3.2 | - |
Key figures of TH Project & Management, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to TH Project & Management?
What happened at TH Project & Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 79,822 (▼ 71% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Tim Hanssens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 151,287 profit in 2021 to € 79,822 profit in 2025.
Paid € 335,993 in corporate taxes since 2021.
Best year ever: 2024, with € 273,348 profit.
On average € 194,400 of value added per employee in 2024.
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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 TH Project & Management is Tim Hanssens. It owns 100% of Boekhoudkantoor Tim Hanssens itself.
Directors
According to the 2025 annual accounts
Tim Hanssens
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Marsveldplein 5
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0830.704.931
- VAT number
- BE 0830.704.931
- Registered office
- Marsveldplein 5, 1050 Elsene
- Names & denominations
- TH Project & Management
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2010
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders en boekhouders-fiscalisten