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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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THREADLINE BELGIUM from Antwerpen, company number BE0895819546, closed financial year 2025 with a result of € -11,622 after tax. For that financial year THREADLINE BELGIUM recorded a gross margin of € 164,380 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 996,376 to € -11,622. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 1.7 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,622
▼ still € 996,376 profit in 2024
Profit after tax over the fiscal year.
€ 71,090
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.9 million.
Debts at end 2025
€ 250,000
▼ 29% vs 2024
€ 100,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.6 million
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 373,000
▼ 2% 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 | € 236,430 | € 255,647 | € 2,048,210 | € 164,380 | ▼ 92% |
| Profit after taxes | € 26,146 | € 37,743 | € 996,376 | € -11,622 | ▼ € 1 million |
| Equity | € 644,919 | € 682,663 | € 1,679,039 | € 1,667,416 | ▼ 1% |
| Total debts | € 15,404,559 | € 13,746,761 | € 12,457,647 | € 11,507,840 | ▼ 8% |
| Cash | € 599,993 | € 237,934 | € 185,841 | € 71,090 | ▼ 62% |
| Retained profit | € -3,917,081 | € -3,879,337 | € -2,882,961 | € -2,894,584 | |
| Bank debt | € 1,000,000 | € 650,000 | € 350,000 | € 250,000 | ▼ 29% |
| Balance sheet total | € 16,049,478 | € 14,429,424 | € 14,136,686 | € 13,175,256 | ▼ 7% |
Key figures of THREADLINE BELGIUM, 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 THREADLINE BELGIUM?
What happened at THREADLINE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- OLIFRA BV stepped down as director. NBB
- THREADLINE CAPITAL stepped down as director. NBB
- BRIDGETT STANFORD stepped down as director. NBB
- MICLU BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 11,622 (▼ € 1 million vs 2024). Source: NBB ↗
- OLIFRA BV became a director. NBB
- MICLU BV became a director. NBB
- BRIDGETT STANFORD became a director. NBB
In short
From € 26,146 profit in 2022 to € 11,622 loss in 2025.
Paid € 393,115 in corporate taxes since 2022.
Best year ever: 2024, with € 996,376 profit.
Management
The shares are held by THREADLINE CAPITAL SA (100%). It owns 100% of VIJFDE HAVENDOK and 50% of VEEMNATIE NV itself.
Directors
According to the 2025 annual accounts
Director · represented by MAGALI BAEKELMANS
Also active at: JAHEMAX, VIJFDE HAVENDOK, HARGO LOGISTICS, ANTWERPNATIE, VEEMNATIE, Threadline Compression
since 2025 · until 2029
THREADLINE CAPITAL
Managing director · represented by BRIDGETT STANFORD
since 2010 · until 2029
BRIDGETT STANFORD
Director
since 2013 · until 2029
Managing director · represented by LUDO MICHIELSEN
Also active at: JAHEMAX, VIJFDE HAVENDOK, HARGO LOGISTICS, ANTWERPNATIE
since 2017 · until 2029
Shareholders
THREADLINE CAPITAL SA
100%
Participations
100%
50%
Establishments
Establishment units
Physical locations of this company
Scheldelaan 8 box D
2030 Antwerpen
Scheldelaan 8D
2030 Antwerpen
Active since 7 February 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0895.819.546
- VAT number
- BE 0895.819.546
- Registered office
- Scheldelaan 8 bus D, 2030 Antwerpen
- Names & denominations
- THREADLINE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2008
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings