Financials
Financial year 2025
THO-BE from Kuurne, company number BE0844109638, closed financial year 2025 with a result of € 570,037 after tax. For that financial year THO-BE recorded revenue of € 49.4 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 197,548 to € 570,037. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 2.1 million
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 570,037
▲ 189% vs 2024
Profit after tax over the fiscal year.
€ 9.6 million
▲ € 9.6 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.1 million.
People and assets in 2025
4.3
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 225,402
▼ 34% vs 2024
€ 52,400 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.
€ 177,655
▼ 28% vs 2024
Of which on lease € 155,586.
Debts at end 2025
€ 7.9 million
▼ 74% vs 2024
€ 917,368 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.7 million
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 13 days on average.
€ 10 million
▲ € 10 million vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,781,213 | € 49,408,824 | ▲ € 47.6 million |
| Gross margin | € 1,120,776 | € 1,347,310 | - | - | |
| Profit after taxes | € 516,546 | € 8,508 | € 197,548 | € 570,037 | ▲ 189% |
| Equity | € 1,314,902 | € 1,323,409 | € 1,520,957 | € 2,090,994 | ▲ 37% |
| Total debts | € 8,372,922 | € 15,097,375 | € 32,792,586 | € 19,699,797 | ▼ 40% |
| Cash | € 260,813 | € 18,707 | € 62,316 | € 9,648,915 | ▲ € 9.6 million |
| Land & buildings | € 8,466,622 | € 8,803,969 | € 8,228,446 | € 7,566,257 | ▼ 8% |
| Retained profit | € 1,296,352 | € 1,304,859 | € 1,502,407 | € 2,072,444 | ▲ 38% |
| Bank debt | € 7,846,270 | € 13,352,172 | € 29,819,987 | € 7,850,496 | ▼ 74% |
| Balance sheet total | € 9,687,824 | € 16,420,784 | € 34,313,544 | € 21,790,791 | ▼ 36% |
| Employees (FTE) | - | 4.4 | 5.6 | 4.3 | ▼ 1.3 |
Key figures of THO-BE, 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 THO-BE?
What happened at THO-BE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 570,037 (▲ 189% vs 2024). Source: NBB ↗
- New establishment in Kuurne. KBO
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 516,546 profit in 2022 to € 570,037 profit in 2025.
Paid € 202,190 in corporate taxes since 2022.
Best year ever: 2025, with € 570,037 profit.
On average € 306,200 of value added per employee in 2023.
Management
Behind THO-BE are Bénédicte SOENS and Thomas DEMUYNCK. The same people are also behind BOSSUYT, Vleesgroothandel Demuynck Christophe, THO-BE TRANSPORT and IMMO COLDO.
Directors
According to the 2025 annual accounts
Bénédicte SOENS
Director
Also active at: BOSSUYT, Vleesgroothandel Demuynck Christophe, THO-BE TRANSPORT, IMMO COLDO
Thomas DEMUYNCK
Director
Also active at: BOSSUYT, Vleesgroothandel Demuynck Christophe, THO-BE TRANSPORT, IMMO COLDO
Establishments
Establishment units
Physical locations of this company
Noordlaan 7
8520 Kuurne
Noordlaan 15
8520 Kuurne
Active since 13 October 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0844.109.638
- VAT number
- BE 0844.109.638
- Registered office
- Noordlaan 7, 8520 Kuurne
- Names & denominations
- THO-BE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2012
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- demuynckchristophe.be
- Activities · NACE
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