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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THILOUBEL from Sankt Vith, company number BE0831406893, closed financial year 2025 with a result of € 128,046 after tax. For that financial year THILOUBEL recorded a gross margin of € 151,749 and equity of € 460,385. Compared with financial year 2024, the result moved from € 92,400 to € 128,046. Profitable, and profit is growing. 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 June 17, 2026.
€ 460,385
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 128,046
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 28,157
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 39,800 paid out
31 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 58,252
▲ 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.
€ 17,589
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,317
▼ 52% vs 2024
Loans from banks and other lenders, long and short.
€ 419
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,345
▲ 78% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 92,274 | € 123,978 | € 123,236 | € 151,749 | ▲ 23% |
| Profit after taxes | € 69,670 | € 92,905 | € 92,400 | € 128,046 | ▲ 39% |
| Equity | € 265,134 | € 323,238 | € 372,139 | € 460,385 | ▲ 24% |
| Total debts | € 129,233 | € 106,118 | € 95,170 | € 99,264 | ▲ 4% |
| Cash | € 41,273 | € 62,349 | € 35,583 | € 28,157 | ▼ 21% |
| Retained profit | € 257,134 | € 315,238 | € 364,139 | € 452,385 | ▲ 24% |
| Dividend | € 40,290 | € 34,800 | € 43,500 | € 39,800 | ▼ 9% |
| Bank debt | € 54,992 | € 35,509 | € 23,498 | € 11,317 | ▼ 52% |
| Balance sheet total | € 394,367 | € 429,357 | € 467,309 | € 559,648 | ▲ 20% |
Key figures of THILOUBEL, 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 THILOUBEL?
What happened at THILOUBEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 128,046 (▲ 39% vs 2024). Source: NBB ↗
- New establishment in Sankt Vith. KBO
- New establishment in Sankt Vith. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,670 profit in 2022 to € 128,046 profit in 2025.
Paid € 89,354 in corporate taxes since 2022.
Best year ever: 2025, with € 128,046 profit.
Paid out € 158,390 in dividends to the owners in total.
Management
Behind THILOUBEL is Micha NILLES. It owns 40% of ADC ST-VITH itself.
Directors
According to the 2025 annual accounts
Micha NILLES
Director
Establishments
Establishment units
Physical locations of this company
Bödemchen 24
4780 Sankt Vith
Klosterstrasse 4A
4780 Sankt Vith
Active since 16 March 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0831.406.893
- VAT number
- BE 0831.406.893
- Registered office
- Bödemchen 24, 4780 Sankt Vith
- Names & denominations
- THILOUBEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2010
- Peppol
- Active · Active since 13 Feb 2025
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders en boekhouders-fiscalisten