ACTIVE

Thico Group

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Financial year 2025 · Closed on 31/12/2025

Net result434,3 k €-7,8 %over 1 year

Gross margin728,6 k €+7,8 %over 1 year

Equity2,4 M €+0,7 %over 1 year

Workforce5,3 ETP-3,6 %over 1 year

Identity

Source · BCE/KBO

Thico Group is a Public limited company incorporated in 1968. Its main activity is: Wholesale of hardware, plumbing and heating equipment and supplies. Its registered office is in Antwerpen. It employs on average 5,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0403.470.906
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Treurenborg 9
2030 Antwerpen · FlandreSee on map
Contributed capital: 125 000,00 €
Latest accounts: 31/12/2025
Average workforce: 5,3 ETP

Activities (NACE)

46741Wholesale of hardware, plumbing and heating equipment and supplies· main 46841Wholesale trade, except of motor vehicles and motorcycles 51541Air transport 52250Support activities for transportation 52290Other transportation support activities 63405Information service activities

Joint committees (2)

14904
226

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	728,6 k €	+7.8%	675,9 k €	+14.4%	590,8 k €	-12.4%	674,5 k €	+1.5%	664,3 k €
EBITDA	250,2 k €	-2.4%	256,3 k €	+32.9%	192,9 k €	-33.8%	291,5 k €	-2.6%	299,3 k €
Operating result	177,1 k €	-12.8%	203,2 k €	+60.0%	127 k €	-46.2%	236,1 k €	+1.4%	233 k €
Net result	434,3 k €	-7.8%	471,1 k €	+31.2%	359,2 k €	+13.0%	317,9 k €	+85.9%	171,1 k €
Balance sheet
Equity	2,4 M €	+0.7%	2,4 M €	+5.0%	2,3 M €	+2.6%	2,2 M €	+0.8%	2,2 M €
Total assets	3,2 M €	-1.1%	3,2 M €	+1.2%	3,2 M €	-3.8%	3,3 M €	-0.4%	3,3 M €
Cash	1,3 M €	+10.0%	1,2 M €	+21.7%	966,5 k €	-31.6%	1,4 M €	-15.8%	1,7 M €
Debts	732,1 k €	-5.6%	775,2 k €	-9.2%	854 k €	-18.0%	1 M €	-3.2%	1,1 M €
Other
Workforce	5,3 ETP	-3.6%	5,5 ETP	+7.8%	5,1 ETP	-7.3%	5,5 ETP	0.0%	5,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anja Cope	Director22/05/2020 → 18/05/2028
FABILUX0437.202.358Represented by Luc Bertrand	Director20/05/2010 → 18/05/2028
Grégoire Van Strydonck	Director15/05/2025 → 16/05/2030
JEMMINVEST0720.743.355Represented by Christophe Koevoets	Director16/05/2019 → 18/05/2028
Marc van Strydonck	Director19/05/2011 → 18/05/2028
S4K0477.751.724Represented by Steven Clerckx	Director20/05/2010 → 18/05/2028
STRYDOT & Company0889.612.437Represented by Gilles van Strydonck	Director20/05/2010 → 18/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pierre Seynaeve	Director20/05/2021 → 2024 accounts
GITECO Comm.V0650.678.968Represented by Pierre SEYNAEVE	Director21/05/2020 → 2020 accounts
DANIELS0899.009.262Represented by Filip Daniels	Director18/05/2017 → 2018 accounts

Other companies at this address

Treurenborg 9 2030 Antwerpen

Company	CBE no.
Bofort● Active	0881.188.085
Cryogeen Service Center Antwerpen● Bankrupt	0769.449.332
EUROPEAN COMBINED REEFERS● Active	0435.873.557
EURO TRADING INVEST● Active	0455.678.284
GROEP ISOTANK● Active	0695.393.394
INVEST AT WILL● Active	0843.200.313
ISO TANK HOLDINGS● Active	0686.680.321
MEAN INVESTMENTS● Active	0840.320.601
MEGA HOLDING● Active	0845.067.562
MEGA INDUSTRIAL ENGINEERING● Active	0450.824.227
Mpire● Active	0738.521.178
STRYDOT & Company● Active	0889.612.437
TANK ONE● Active	0686.725.059
Thornton● Active	0403.449.823
VINVEST IT● Active	0671.653.239

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/06/2026	19/06/2025	28/06/2024	27/06/2023	11/07/2022	28/06/2021
General meeting	21/05/2026	15/05/2025	16/05/2024	19/05/2023	19/05/2022	20/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/05/2026	09/06/2026	Dutch	PDF
Abridged model	31/12/2024	15/05/2025	19/06/2025	Dutch	PDF
Abridged model	31/12/2023	16/05/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	19/05/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	19/05/2022	11/07/2022	Dutch	PDF
Abridged model	31/12/2020	20/05/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	22/05/2020	22/06/2020	Dutch	PDF
Abridged model	31/12/2018	16/05/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	17/05/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	18/05/2017	15/06/2017	Dutch	PDF
Abridged model	31/12/2015	19/05/2016	13/06/2016	Dutch	PDF
Abridged model	31/12/2014	21/05/2015	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	15/05/2014	25/06/2014	Dutch	PDF
Abridged model	31/12/2012	16/05/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	19/05/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	22/05/2009	16/06/2009	Dutch	PDF
Abridged model	31/12/2007	15/05/2008	16/06/2008	Dutch	PDF
Full model	31/12/2006	18/05/2007	20/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anja Cope	Director22/05/2020 → 18/05/2028
FABILUX0437.202.358Represented by Luc Bertrand	Director20/05/2010 → 18/05/2028
Grégoire Van Strydonck	Director15/05/2025 → 16/05/2030
JEMMINVEST0720.743.355Represented by Christophe Koevoets	Director16/05/2019 → 18/05/2028
Marc van Strydonck	Director19/05/2011 → 18/05/2028
S4K0477.751.724Represented by Steven Clerckx	Director20/05/2010 → 18/05/2028
STRYDOT & Company0889.612.437Represented by Gilles van Strydonck	Director20/05/2010 → 18/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pierre Seynaeve	Director20/05/2021 → 2024 accounts
GITECO Comm.V0650.678.968Represented by Pierre SEYNAEVE	Director21/05/2020 → 2020 accounts
DANIELS0899.009.262Represented by Filip Daniels	Director18/05/2017 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other19/08/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates22/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other30/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/06/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2018
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

FABILUX

S4K

JEMMINVEST

STRYDOT & Company

Grégoire Van Strydonck

Anja Cope

Marc van Strydonck

Pierre Seynaeve

GITECO Comm.V

DANIELS

Filip Persyn

Cogefimo

Show the 3 other mandates

196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

Thico GroupThornton & Co NV

Treurenborg 9, 2030 Antwerp-2030

Director

DirectorChairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Treurenborg 9, 2030 Antwerp-2030Current	accounts 2021 → 2025	Accounts 2025 · 2026-00146923

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Thico GroupCurrent	accounts 2025	Accounts 2025 · 2026-00146923
Thornton & Co NV	accounts 2022 → 2024	Accounts 2024 · 2025-00155966
THORNTON & C°	accounts 2021	Accounts 2021 · 2022-20169679

Events

2025
Annual accounts 2025434,3 k €↓
2025
Name changeThico Group
2024
Annual accounts 2024471,1 k €↑
2023
Annual accounts 2023359,2 k €↑
2022
Annual accounts 2022317,9 k €↑
2022
Name changeThornton & Co NV
2021
Annual accounts 2021171,1 k €↓
2020
Annual accounts 2020195,2 k €↑
2019
Annual accounts 201990,4 k €↑
2018
Annual accounts 201837,5 k €↑
2017
Annual accounts 2017-26,5 k €↓
2016
Annual accounts 201637,5 k €↓
2015
Annual accounts 2015112,9 k €↓
2014
Annual accounts 2014119,6 k €↑
2013
Annual accounts 201388,4 k €↓
2012
Annual accounts 2012446,8 k €↑
2011
Annual accounts 2011207,3 k €↑
2010
Annual accounts 2010132,2 k €↑
2009
Annual accounts 200985,6 k €↓
2008
Annual accounts 2008422,8 k €↑
2007
Annual accounts 2007253,8 k €↑
2006
Annual accounts 2006123,9 k €
01/01/1968
IncorporationPublic limited company

Thico Group

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events