Financials
Financial year 2025
THLON from Londerzeel, company number BE0884272784, closed financial year 2025 with a result of € 43,062 after tax. For that financial year THLON recorded a gross margin of € 1.9 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 202,823 to € 43,062. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2.5 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,062
▼ 79% vs 2024
Profit after tax over the fiscal year.
€ 93,671
▼ 43% 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 € 1.1 million.
People and assets in 2025
31.7
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 7% vs 2024
€ 48,600 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.
€ 19,157
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 25% vs 2024
€ 208,478 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.5 million
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 442,463
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,689,046 | € 1,760,694 | € 2,112,856 | € 1,900,836 | ▼ 10% |
| Profit after taxes | € 260,781 | € 159,156 | € 202,823 | € 43,062 | ▼ 79% |
| Equity | € 2,089,414 | € 2,248,569 | € 2,451,392 | € 2,494,454 | ▲ 2% |
| Total debts | € 3,112,676 | € 3,217,353 | € 3,046,316 | € 3,118,015 | ▲ 2% |
| Cash | € 60,239 | € 54,819 | € 164,453 | € 93,671 | ▼ 43% |
| Land & buildings | € 166,206 | € 160,491 | € 195,555 | € 1,347,543 | ▲ € 1.2 million |
| Retained profit | € 733,214 | € 892,369 | € 1,095,192 | € 1,138,254 | ▲ 4% |
| Bank debt | € 1,547,427 | € 1,246,091 | € 898,398 | € 1,123,925 | ▲ 25% |
| Balance sheet total | € 5,202,090 | € 5,465,923 | € 5,497,708 | € 5,612,469 | ▲ 2% |
| Employees (FTE) | 24.7 | 26.4 | 30.5 | 31.7 | ▲ 1.2 |
Key figures of THLON, 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 THLON?
What happened at THLON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,062 (▼ 79% vs 2024). filed late Source: NBB ↗
- Frans Van Looy became a director. NBB
- Michel Leenen became a director. NBB
- Christine Maria Marcella De Love stepped down as director. NBB
- Johan Magdalena Van Looy stepped down as director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Londerzeel. KBO
In short
From € 260,781 profit in 2022 to € 43,062 profit in 2025.
Paid € 239,485 in corporate taxes since 2022.
Best year ever: 2022, with € 260,781 profit.
On average € 60,000 of value added per employee in 2025.
A new publication or filing at THLON? We notify you, reason included.
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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 THLON are Frans Van Looy and Michel Leenen. The same people are also behind TRIJOLEX, JVL, RIJMDORP and JPLON. Michel Leenen is also behind THERMEN DILBEEK..BE, CJ, MJJCS and ALLEV.
Directors
According to the 2025 annual accounts
Michel Leenen
Director
Also active at: THERMEN DILBEEK..BE, TRIJOLEX, JVL, CJ, RIJMDORP, MJJCS, JPLON, ALLEV
since 2023
Christine Maria Marcella De Love
Director
Also active at: THERMEN DILBEEK..BE, CJ, RIJMDORP, Thermenenbeauty-Group.be, JPLON
· until 2023
Establishments
Establishment units
Physical locations of this company
Stuikberg 4
1840 Londerzeel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0884.272.784
- VAT number
- BE 0884.272.784
- Registered office
- Stuikberg 4, 1840 Londerzeel
- Names & denominations
- THLON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 2006
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van kuuroorden, sauna’s en stoombaden
Overige lichaamsverzorging
Sauna's, solaria, baden enz.
Schoonheidsverzorging en andere schoonheidsbehandelingen
Activiteiten van eetgelegenheden met volledige bediening
Detailhandel in onderkleding, lingerie en strand- en badkleding
Hotels en dergelijke accommodatie
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
+5