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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
THOMAS WALTHERE CONSTRUCTIONS GENERALES from Malmedy, company number BE0859957854, closed financial year 2025 with a result of € 2,274 after tax. For that financial year THOMAS WALTHERE CONSTRUCTIONS GENERALES recorded a gross margin of € 50,215 and equity of € -56,181. Compared with financial year 2024, the result moved from € -25,495 to € 2,274. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ -56,181
▲ € 2,274 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,274
▲ still € 25,495 loss in 2024
Profit after tax over the fiscal year.
€ 99,078
▼ 32% 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 € -86,281.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 43,918
▲ 1% 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.
€ 8,766
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,833
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 963
▼ 93% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 66,632 | € 205,241 | € 24,206 | € 50,215 | ▲ 107% |
| Profit after taxes | € 1,396 | € 142,332 | € -25,495 | € 2,274 | ▲ € 27,769 |
| Equity | € -175,292 | € -32,960 | € -58,455 | € -56,181 | ▲ € 2,274 |
| Total debts | € 339,380 | € 222,432 | € 255,992 | € 227,946 | ▼ 11% |
| Cash | € 52,014 | € 149,492 | € 144,732 | € 99,078 | ▼ 32% |
| Land & buildings | € 8,825 | - | - | - | |
| Retained profit | € -205,392 | € -63,060 | € -88,555 | € -86,281 | ▲ € 2,274 |
| Balance sheet total | € 164,088 | € 189,473 | € 197,536 | € 171,765 | ▼ 13% |
Key figures of THOMAS WALTHERE CONSTRUCTIONS GENERALES, 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 THOMAS WALTHERE CONSTRUCTIONS GENERALES?
What happened at THOMAS WALTHERE CONSTRUCTIONS GENERALES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,274. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Malmedy. KBO
- Walthère THOMAS became a director. NBB
In short
From € 1,396 profit in 2022 to € 2,274 profit in 2025.
Best year ever: 2023, with € 142,332 profit.
Management
Behind THOMAS WALTHERE CONSTRUCTIONS GENERALES is Walthère THOMAS.
Directors
According to the 2025 annual accounts
Walthère THOMAS
Director
since 2003
Establishments
Establishment units
Physical locations of this company
Xhoffraix-Rue du Haut Village 54
4960 Malmedy
Bévercé-Chemin du Croupet 21
4960 Malmedy
Active since 18 July 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0859.957.854
- VAT number
- BE 0859.957.854
- Registered office
- Xhoffraix-Rue du Haut Village 54, 4960 Malmedy
- Names & denominations
- THOMAS WALTHERE CONSTRUCTIONS GENERALES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 August 2003
- Peppol
- Active · Active since 9 Dec 2025
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