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
THEN-INVEST from Schilde, company number BE0865147057, closed financial year 2025 with a result of € -36,538 after tax. For that financial year THEN-INVEST recorded a gross margin of € 3,975 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -158,148 to € -36,538. 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 March 2, 2026.
€ 1.2 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,538
▲ 77 % less loss than in 2024
Profit after tax over the fiscal year.
€ 37,620
▲ 128% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 27,112
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 209,411
▼ 16% vs 2024
€ 35,982 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 33,782
▲ 239% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,576
▲ 66% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 583,905 | € 94,998 | € -87,152 | € 3,975 | ▲ € 91,126 |
| Profit after taxes | € 352,413 | € 44,911 | € -158,148 | € -36,538 | ▲ € 121,610 |
| Equity | € 1,565,509 | € 1,385,238 | € 1,227,090 | € 1,190,552 | ▼ 3% |
| Total debts | € 577,979 | € 713,089 | € 727,288 | € 775,794 | ▲ 7% |
| Cash | € 88,305 | € 102,125 | € 16,470 | € 37,620 | ▲ 128% |
| Land & buildings | € 403,468 | € 379,793 | € 361,923 | € 335,678 | ▼ 7% |
| Retained profit | € 1,559,309 | € 1,379,038 | € 1,220,890 | € 1,184,352 | ▼ 3% |
| Dividend | € 0 | € 225,183 | € 0 | € 0 | |
| Bank debt | € 243,205 | € 369,978 | € 250,765 | € 209,411 | ▼ 16% |
| Balance sheet total | € 2,222,659 | € 2,177,498 | € 2,033,549 | € 2,045,517 | ▲ 1% |
| Employees (FTE) | 1 | 0 | 0 | 0 |
Key figures of THEN-INVEST, 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 March 2027.
What happened to THEN-INVEST?
What happened at THEN-INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 36,538. Source: NBB ↗
- Christian Thiran became a director. NBB
- Karin Nijsten became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Schilde. KBO
In short
From € 352,413 profit in 2022 to € 36,538 loss in 2025.
Paid € 163,923 in corporate taxes since 2022.
Best year ever: 2022, with € 352,413 profit.
On average € 583,900 of value added per employee in 2022.
Management
Behind THEN-INVEST are Christian Thiran and Karin Nijsten.
Directors
According to the 2025 annual accounts
Christian Thiran
Director
since 2023
Karin Nijsten
Director
since 2023
Establishments
Establishment units
Physical locations of this company
De Kluis 30 A
2970 Schilde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0865.147.057
- VAT number
- BE 0865.147.057
- Registered office
- De Kluis 30 A, 2970 Schilde
- Names & denominations
- THEN-INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 2004
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Groothandel in dranken, algemeen assortiment
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handel in eigen onroerend goed
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