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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
THK from Pelt, company number BE0840012476, closed financial year 2025 with a result of € -38,191 after tax. For that financial year THK recorded a gross margin of € 294,812 and equity of € 225,542. Compared with financial year 2024, the result moved from € -37,275 to € -38,191. The company made a loss. 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 16, 2026.
€ 225,542
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,191
▼ 2 % more loss than in 2024
Profit after tax over the fiscal year.
€ 24,071
▲ 255% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -74,458.
People and assets in 2025
5.6
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 286,163
▼ 12% vs 2024
€ 51,100 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.
€ 44,189
▼ 58% vs 2024
Of which on lease € 40,307.
Debts at end 2025
€ 206,572
▼ 17% vs 2024
€ 16,340 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 152,853
▲ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,600
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 347,793 | € 396,472 | € 361,810 | € 294,812 | ▼ 19% |
| Profit after taxes | € 4,519 | € 471 | € -37,275 | € -38,191 | ▼ € 915 |
| Equity | € 300,538 | € 301,008 | € 263,733 | € 225,542 | ▼ 14% |
| Total debts | € 925,755 | € 475,775 | € 381,283 | € 418,025 | ▲ 10% |
| Cash | € 16,944 | € 12,160 | € 6,788 | € 24,071 | ▲ 255% |
| Retained profit | € 538 | € 1,008 | € -36,267 | € -74,458 | ▼ € 38,191 |
| Bank debt | € 284,896 | € 238,420 | € 247,954 | € 206,572 | ▼ 17% |
| Balance sheet total | € 1,226,292 | € 776,784 | € 645,016 | € 643,568 | |
| Employees (FTE) | 5.6 | 6 | 6 | 5.6 | ▼ 0.4 |
Key figures of THK, 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 THK?
What happened at THK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 38,191. Source: NBB ↗
- Lamar Management BV became a director. NBB
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,519 profit in 2022 to € 38,191 loss in 2025.
Paid € 6,961 in corporate taxes since 2022.
Best year ever: 2022, with € 4,519 profit.
On average € 52,600 of value added per employee in 2025.
Management
The stake of LAMAR MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THKBehind THK is Lamar Management BV. The shares are held by LAMAR MANAGEMENT (100%).
Directors
According to the 2025 annual accounts
Director · represented by Kristel Vanbaelen
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Astridlaan 249
3900 Pelt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0840.012.476
- VAT number
- BE 0840.012.476
- Registered office
- Astridlaan 249, 3900 Pelt
- Names & denominations
- THK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2011
- Peppol
- Active · Active since 24 Jun 2025
- Activities · NACE
Groothandel in vloer- en wandtegels
Detailhandel in wand- en vloertegels
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Groothandel in hout
Groothandel in sanitair
Groothandel in bouwmaterialen, algemeen assortiment