Financials
Financial year 2025
TBHF from Watermaal-Bosvoorde, company number BE0865790425, closed financial year 2025 with a result of € 1,332 after tax. For that financial year TBHF recorded a gross margin of € 141,447 and equity of € 173,515. Compared with financial year 2024, the result moved from € 15,363 to € 1,332. The company is profitable. 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 April 14, 2026.
€ 173,515
▼ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,332
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 163,181
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 89,981 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 40,942
▲ 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.
€ 5,492
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 117,413
▼ 8% vs 2024
€ 18,384 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 158
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,100
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,266 | € 112,978 | € 92,162 | € 141,447 | ▲ 53% |
| Profit after taxes | € 41,427 | € 61,442 | € 15,363 | € 1,332 | ▼ 91% |
| Equity | € 316,657 | € 342,978 | € 262,164 | € 173,515 | ▼ 34% |
| Total debts | € 186,382 | € 205,760 | € 244,565 | € 221,154 | ▼ 10% |
| Cash | € 94,289 | € 135,436 | € 237,315 | € 163,181 | ▼ 31% |
| Land & buildings | € 164,936 | € 164,277 | € 155,965 | € 149,325 | ▼ 4% |
| Retained profit | € 304,257 | € 330,578 | € 249,764 | € 161,115 | ▼ 35% |
| Dividend | € 0 | € 35,120 | € 96,177 | € 89,981 | ▼ 6% |
| Bank debt | € 148,476 | € 137,806 | € 127,017 | € 117,413 | ▼ 8% |
| Balance sheet total | € 503,039 | € 548,738 | € 506,729 | € 394,670 | ▼ 22% |
Key figures of TBHF, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to TBHF?
What happened at TBHF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,332 (▼ 91% vs 2024). Source: NBB ↗
- New establishment in Faimes. KBO
- Start of the company according to the CBE. KBO
- THIERRY BOUCKAERT became a director. NBB
In short
From € 41,427 profit in 2022 to € 1,332 profit in 2025.
Paid € 16,438 in corporate taxes since 2022.
Best year ever: 2023, with € 61,442 profit.
Paid out € 221,278 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TBHF is THIERRY BOUCKAERT. THIERRY BOUCKAERT is also behind Fondation Reine Paola, AKKANTO and Palais des Beaux-Arts.
Directors
According to the 2025 annual accounts
THIERRY BOUCKAERT
Director, Manager
Also active at: Fondation Reine Paola, AKKANTO, Palais des Beaux-Arts
since 2004
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 189
1170 Watermaal-Bosvoorde
Rue "Al Cadorette" 2
4317 Faimes
Active since 19 January 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0865.790.425
- VAT number
- BE 0865.790.425
- Registered office
- Terhulpsesteenweg 189, 1170 Watermaal-Bosvoorde
- Names & denominations
- TBHF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 2004
- Peppol
- Active · Active since 21 Aug 2025
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen