Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THECON from Knokke-Heist, company number BE0889991628, closed financial year 2025 with a result of € 45,210 after tax. For that financial year THECON recorded a gross margin of € 183,138 and equity of € -121,875. Compared with financial year 2024, the result moved from € 85,804 to € 45,210. The company is profitable. 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 11, 2026.
€ -121,875
▲ € 45,210 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45,210
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 5,243
▼ 83% 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 € -140,475.
People and assets in 2025
€ 8,343
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 181,318 | € 122,980 | € 179,806 | € 183,138 | ▲ 2% |
| Profit after taxes | € 54,676 | € 29,254 | € 85,804 | € 45,210 | ▼ 47% |
| Equity | € -282,142 | € -252,888 | € -167,085 | € -121,875 | ▲ € 45,210 |
| Total debts | € 963,129 | € 935,942 | € 924,147 | € 832,680 | ▼ 10% |
| Cash | € 2,830 | € 80,601 | € 30,383 | € 5,243 | ▼ 83% |
| Land & buildings | € 607,649 | € 547,255 | € 521,112 | € 365,945 | ▼ 30% |
| Retained profit | € -300,742 | € -271,488 | € -185,685 | € -140,475 | ▲ € 45,210 |
| Balance sheet total | € 680,987 | € 683,054 | € 757,063 | € 710,805 | ▼ 6% |
Key figures of THECON, 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 THECON?
What happened at THECON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 45,210 (▼ 47% vs 2024). Source: NBB ↗
- Eliane Marie C Verhofstadt became a director. NBB
- Start of the company according to the CBE. KBO
- Hilde De Laet became a director. NBB
In short
From € 54,676 profit in 2022 to € 45,210 profit in 2025.
Best year ever: 2024, with € 85,804 profit.
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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 THECON are Eliane Marie C Verhofstadt and Hilde De Laet. Eliane Marie C Verhofstadt is also behind Keizers Immo. Hilde De Laet is also behind Beheercentrale, JEAN ALAN INVEST, CONTHI and VIVA PROJECTS.
Directors
According to the 2025 annual accounts
since 2011
since 2007
Establishments
Establishment units
Physical locations of this company
Zeedijk-Albertstrand 546 box 7
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.991.628
- VAT number
- BE 0889.991.628
- Registered office
- Zeedijk-Albertstrand 546 bus 7, 8300 Knokke-Heist
- Names & denominations
- THECON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2007
- Peppol
- Active · Active since 29 Apr 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen