THICAR CONSULTING
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadline€2.0m
▼ 0.6%
€2.2m
▼ 7.8%
€1.2m
▼ 0.7%
92.8%
▲ 6.7 percentage points
57.0%
unchanged
52.9%
▲ 3.8 percentage points
Money flows
no detail for 2025Balance sheet
balance sheet total €2.2m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
92.8%
Higher than 92% of 3,349 companies in 2025.
52.9%
Higher than 94% of 3,290 companies in 2025.
THICAR CONSULTING
Middle half of the sector
80% of the sector
Micro accounts in auxiliary financial services (NACE 66)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
2.2m | 2.4m | 2.5m | 3.3m | 2.1m | 2.5m | 3.0m | 2.7m | 2.5m | 2.9m | |
21/28 |
903,072 | 5,879 | 12,481 | 52,776 | 64,073 | 49,078 | 931,494 | 903,687 | 916,062 | 928,797 | |
22/27 |
3,082 | 4,889 | 11,491 | 51,786 | 63,083 | 48,088 | 51,568 | 24,751 | 37,126 | 49,501 | |
23 |
839 | 1,506 | 2,173 | 2,840 | - | - | 625 | 1,250 | 1,874 | 2,499 | |
24 |
2,243 | 3,383 | 9,318 | 48,946 | 63,083 | 48,088 | 50,943 | 23,501 | 35,252 | 47,002 | |
28 |
899,990 | 990 | 990 | 990 | 990 | 990 | 879,926 | 878,936 | 878,936 | 879,296 | |
29/58 |
1.3m | 2.4m | 2.5m | 3.2m | 2.1m | 2.5m | 2.1m | 1.8m | 1.6m | 1.9m | |
29 |
- | - | 0 | 660,100 | - | - | - | - | - | - | |
291 |
- | - | 0 | 660,100 | - | - | - | - | - | - | |
3 |
- | - | 0 | 225,000 | 225,000 | - | - | - | - | - | |
30/36 |
- | - | 0 | 225,000 | 225,000 | - | - | - | - | - | |
40/41 |
32,619 | 1.3m | 1.3m | 1.8m | 1.5m | 2.0m | 1.9m | 1.4m | 1.6m | 1.8m | |
40 |
- | - | - | - | - | - | - | - | - | 1.8m | |
41 |
32,619 | 1.3m | 1.3m | 1.8m | 1.5m | 2.0m | 1.9m | 1.4m | 1.6m | - | |
54/58 |
1.3m | 1.0m | 1.2m | 545,539 | 376,095 | 491,929 | 195,119 | 348,634 | - | 144,837 | |
490/1 |
- | - | 539 | 539 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
2.2m | 2.4m | 2.5m | 3.3m | 2.1m | 2.5m | 3.0m | 2.7m | 2.5m | 2.9m | |
10/15 |
2.0m | 2.0m | 1.9m | 2.8m | 1.9m | 1.5m | 1.8m | 1.6m | 1.4m | 1.0m | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
130/1 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | |
1311 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | - | - | - | - | |
14 |
2.0m | 2.0m | 1.8m | 2.8m | 1.8m | 1.4m | 1.8m | 1.6m | 1.4m | 1.0m | |
17/49 |
157,493 | 330,475 | 601,485 | 489,364 | 276,698 | 1.1m | 1.2m | 1.1m | 1.1m | 1.8m | |
17 |
- | - | 0 | 45,000 | 137,463 | 236,856 | 336,894 | 405,000 | 495,000 | - | |
170/4 |
- | - | 0 | 45,000 | 137,463 | 236,856 | 336,894 | 405,000 | 495,000 | - | |
42/48 |
157,493 | 330,475 | 601,380 | 444,051 | 138,712 | 827,134 | 909,325 | 683,029 | 649,730 | 1.8m | |
42 |
- | - | 45,000 | 91,704 | 99,393 | 100,038 | 599,923 | 90,000 | 90,000 | - | |
43 |
- | - | - | - | - | - | - | - | 103,050 | - | |
430/8 |
- | - | - | - | - | - | - | - | 103,050 | - | |
44 |
- | - | - | - | - | - | - | 41 | - | 6,612 | |
440/4 |
- | - | - | - | - | - | - | 41 | - | 6,612 | |
45 |
157,493 | 330,475 | 556,380 | 191,347 | 39,319 | 132,096 | 9,402 | 45,000 | - | 238,999 | |
450/3 |
157,493 | 330,475 | 556,380 | 191,347 | 39,319 | 132,096 | 9,402 | 45,000 | - | 238,999 | |
47/48 |
- | - | 0 | 161,000 | 0 | 595,000 | 300,000 | 547,988 | 456,680 | 1.6m | |
492/3 |
- | - | 105 | 313 | 523 | 731 | 1,360 | - | - | - | |
| Income statement | |||||||||||
70 |
- | - | - | - | - | 560,000 | 516,000 | 479,873 | 420,000 | 675,661 | |
76A |
- | 10,205 | 20,933 | - | 15,000 | - | - | - | - | 12,495 | |
9900 |
1.5m | 1.6m | 1.8m | 1.5m | 724,437 | 549,779 | 513,722 | 455,155 | 380,910 | 658,860 | |
60/61 |
- | - | - | - | - | 14,478 | 7,054 | 29,944 | 44,671 | 16,801 | |
630 |
1,807 | 1,807 | 11,807 | 20,333 | 15,005 | 13,288 | 22,173 | 12,375 | 12,375 | 12,375 | |
640/8 |
1,064 | 1,073 | 1,341 | 728 | 1,939 | 4,861 | 5,385 | 1,545 | 1,787 | 6,817 | |
9901 |
1.5m | 1.6m | 1.8m | 1.5m | 707,493 | 531,630 | 486,164 | 441,235 | 366,748 | 639,668 | |
75/76B |
- | - | 9,505 | 539 | - | 165,692 | 155,594 | 156,925 | 123,000 | 612,620 | |
75 |
- | - | 9,505 | 539 | - | 164,884 | 155,594 | 156,925 | 123,000 | 600,125 | |
76B |
- | - | - | - | - | 808 | - | - | - | 12,495 | |
65/66B |
402 | 575 | 1,327 | 2,824 | 3,430 | 10,342 | 7,282 | 6,423 | 3,129 | 189 | |
65 |
402 | 575 | 1,327 | 2,824 | 3,430 | 10,342 | 7,282 | 6,423 | 3,129 | 189 | |
9903 |
1.5m | 1.6m | 1.8m | 1.5m | 704,063 | 686,980 | 634,476 | 591,737 | 486,619 | 1.3m | |
67/77 |
386,025 | 388,380 | 459,635 | 377,573 | 176,918 | 139,680 | 132,720 | 124,303 | 122,164 | 231,719 | |
9904 |
1.2m | 1.2m | 1.4m | 1.1m | 527,145 | 547,300 | 501,756 | 467,434 | 364,455 | 1.0m | |
9905 |
1.2m | 1.2m | 1.4m | 1.1m | 527,145 | 547,300 | 501,756 | 467,434 | 364,455 | 1.0m | |
| Appropriation of the result | |||||||||||
9906 |
3.2m | 3.0m | 4.1m | 3.0m | 2.0m | 2.3m | 2.1m | 1.9m | 1.4m | 1.0m | |
14P |
2.0m | 1.8m | 2.8m | 1.8m | 1.4m | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 2,000 | |
6920 |
- | - | - | - | - | - | - | - | - | 2,000 | |
694/7 |
1.2m | 995,000 | 2.3m | 200,000 | 120,000 | 860,000 | 300,000 | 300,000 | - | - | |
694 |
1.2m | 995,000 | 2.3m | 200,000 | 120,000 | 860,000 | 300,000 | 300,000 | - | - | |
| Document | |||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-07-2026 | 2026-00335758 | |
| 31-12-2024 | micro format | 21-05-2025 | 2025-00101054 | |
| 31-12-2023 | micro format | 06-05-2024 | 2024-00083074 | |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00341870 | |
| 31-12-2021 | micro format | 16-08-2022 | 2022-20295094 | |
| 31-12-2020 | micro format | 29-08-2021 | 2021-61600159 | |
| 31-12-2019 | micro format | 12-05-2020 | 2020-12000077 | |
| 31-12-2018 | micro format | 03-06-2019 | 2019-15800582 | |
| 31-12-2017 | micro format | 24-05-2018 | 2018-14000357 | |
| 31-12-2016 | full format | 29-05-2017 | 2017-13700200 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 899,000 | -4,795 | -28,488 | 9,036 | 30,000 | 49,990 | 49,980 | 0 | -360 | 941,172 | ||
| 215,657 | -129,342 | 618,882 | 169,444 | -115,834 | 296,810 | -153,515 | - | - | - | ||
| - | - | - | - | - | 94.9% | 94.2% | 91.9% | 87.3% | 94.7% | ||
| 92.8% | 86.1% | 75.7% | 85.1% | 87.1% | 57.9% | 58.7% | 59.1% | 55.1% | 36.2% | ||
| 57.0% | 57.1% | 73.0% | 40.1% | 28.2% | 37.5% | 28.3% | 29.7% | 25.9% | 98.1% | ||
| 52.9% | 49.1% | 55.2% | 34.1% | 24.6% | 21.7% | 16.6% | 17.6% | 14.3% | 35.5% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €9,036 | €30,000 |
| Financial fixed assets | €899,000 | - | - | - | - |
| €1,807 | €1,807 | €11,807 | €20,333 | €15,005 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on THICAR CONSULTING
The operating result for 2025 is 1% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 13.9% to 7.2%. Equity and debt are lower.