Financials
Financial year 2025
Thermen Katara from Sint-Niklaas, company number BE0883749182, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Thermen Katara recorded a gross margin of € 3.5 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.1 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 21, 2026.
€ 2.2 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 18% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
94 % of the profit went to the shareholders, mostly to NITTON (100 % of the shares). That is where the money ends up.
People and assets in 2025
22.3
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 5% vs 2024
€ 55,900 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.
€ 79,877
▲ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▼ 12% vs 2024
€ 316,458 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 399,247
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 157,962
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,756,468 | € 2,862,327 | € 3,402,041 | € 3,457,923 | ▲ 2% |
| Profit after taxes | € 1,091,674 | € 979,484 | € 1,297,512 | € 1,067,427 | ▼ 18% |
| Equity | € 1,399,357 | € 1,436,341 | € 2,183,853 | € 2,223,311 | ▲ 2% |
| Total debts | € 4,692,195 | € 5,208,784 | € 4,292,494 | € 4,540,012 | ▲ 6% |
| Cash | € 77,628 | € 999,256 | € 817,397 | € 1,454,167 | ▲ 78% |
| Land & buildings | € 5,237,739 | € 4,898,123 | € 4,679,647 | € 4,231,692 | ▼ 10% |
| Retained profit | € 923,685 | € 960,669 | € 1,708,181 | € 1,775,607 | ▲ 4% |
| Dividend | € 0 | € 942,500 | € 550,000 | € 1,000,000 | ▲ 82% |
| Bank debt | € 3,445,469 | € 3,098,510 | € 2,556,695 | € 2,250,305 | ▼ 12% |
| Balance sheet total | € 6,091,552 | € 6,645,125 | € 6,476,347 | € 6,763,324 | ▲ 4% |
| Employees (FTE) | 21.6 | 22.2 | 22.2 | 22.3 | ▲ 0.1 |
Key figures of Thermen Katara, 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 January 2027.
What happened to Thermen Katara?
What happened at Thermen Katara in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 18% vs 2024). Source: NBB ↗
- One Paint BV became a director. NBB
- NITTON (19N) BV became a director. NBB
- Nancy Goossens stepped down as director. NBB
- Geency BV stepped down as director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 516,687 in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
On average € 155,100 of value added per employee in 2025.
Management
The stake of NITTON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Thermen KataraBehind Thermen Katara are One Paint BV and NITTON (19N) BV. The shares are held by NITTON (100%).
Directors
According to the 2025 annual accounts
Director · represented by Sofie Vanderhaeghen
Also active at: Verffabriek 't Ros Beiaard, 16 STORIES, DF Sweets
since 2024
Director · represented by Frederik Van den Abeele
since 2024
Nancy Goossens
Director
· until 2024
Managing director · represented by Geert DE MULDER
· until 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwe Baan 66
9111 Sint-Niklaas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0883.749.182
- VAT number
- BE 0883.749.182
- Registered office
- Nieuwe Baan 66, 9111 Sint-Niklaas
- Names & denominations
- Thermen Katara
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2006
- Peppol
- Active · Active since 7 May 2025
- Activities · NACE
Activiteiten van kuuroorden, sauna’s en stoombaden
Handelsbemiddeling in goederen, algemeen assortiment
Sauna's, solaria, baden enz.
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Niet-gespecialiseerde groothandel in diepgevroren voedingsmiddelen
Overige lichaamsverzorging
+4