ACTIVE

Thico Group

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
434,3 k €
-7.8% YoY
Gross margin
728,6 k €
+7.8% YoY
Equity
2,4 M €
+0.7% YoY
Workforce
5,3 ETP
-3.6% YoY

What does Thico Group do?

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· main46841Wholesale trade, except of motor vehicles and motorcycles51541Air transport52250Support activities for transportation52290Other transportation support activities63405Information service activities
Joint committees (2)
  • 14904
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin728,6 k €675,9 k €590,8 k €674,5 k €664,3 k €695,7 k €619,6 k €560,4 k €751,3 k €819,1 k €935,6 k €999,2 k €828,7 k €918,1 k €934,4 k €733,6 k €570,6 k €666,1 k €809,6 k €–
EBITDA250,2 k €256,3 k €192,9 k €291,5 k €299,3 k €375,4 k €260,8 k €222,8 k €121,3 k €171,7 k €236,2 k €315,2 k €185,4 k €148,3 k €333 k €133,3 k €1,7 k €24,7 k €208,8 k €163,1 k €
Operating result177,1 k €203,2 k €127 k €236,1 k €233 k €286,3 k €134,2 k €62,9 k €-55,5 k €43,7 k €77,8 k €133,2 k €121,8 k €76,4 k €271,9 k €72,6 k €-95,4 k €-119,9 k €102,8 k €110,5 k €
Net result434,3 k €471,1 k €359,2 k €317,9 k €171,1 k €195,2 k €90,4 k €37,5 k €-26,5 k €37,5 k €112,9 k €119,6 k €88,4 k €446,8 k €207,3 k €132,2 k €85,6 k €422,8 k €253,8 k €123,9 k €
Balance sheet
Equity2,4 M €2,4 M €2,3 M €2,2 M €2,2 M €2,3 M €2,3 M €2,2 M €2,3 M €2,4 M €2,4 M €2,4 M €2,4 M €2,4 M €2,1 M €2,6 M €2,7 M €2,7 M €2,5 M €2,7 M €
Total assets3,2 M €3,2 M €3,2 M €3,3 M €3,3 M €3,6 M €3,6 M €2,8 M €3,3 M €3,3 M €3,5 M €3,9 M €3,4 M €3,7 M €3,2 M €3,2 M €3,2 M €3,5 M €3,4 M €3,5 M €
Cash1,3 M €1,2 M €966,5 k €1,4 M €1,7 M €1,1 M €681 k €212,3 k €584,6 k €757,2 k €420,2 k €813,8 k €1,1 M €1,3 M €1,2 M €936,8 k €689,2 k €1,1 M €588,1 k €784,4 k €
Debts732,1 k €775,2 k €854 k €1 M €1,1 M €1,3 M €1,3 M €553,3 k €1 M €848,6 k €912,5 k €1,3 M €794,8 k €1 M €1,1 M €548,7 k €489,9 k €765,1 k €898,8 k €800,7 k €
Other
Workforce5,3 ETP5,5 ETP5,1 ETP5,5 ETP5,5 ETP5,0 ETP5,3 ETP5,5 ETP11,0 ETP10,6 ETP11,3 ETP10,8 ETP10,9 ETP11,6 ETP11,0 ETP10,9 ETP10,8 ETP12,2 ETP12,2 ETP12,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 49 ended

Active mandates

Anja Cope

Director · since 15 mai 2025 · until 18 mai 2028

Active
FABILUX

Director · since 15 mai 2025 · until 18 mai 2028 · 0437.202.358

Represented by Luc Bertrand

Active
Grégoire Van Strydonck

Director · since 15 mai 2025 · until 16 mai 2030

Active
JEMMINVEST

Director · since 15 mai 2025 · until 18 mai 2028 · 0720.743.355

Represented by Christophe Koevoets

Active
Marc van Strydonck

Director · since 15 mai 2025 · until 18 mai 2028

Active
S4K

Director · since 15 mai 2025 · until 18 mai 2028 · 0477.751.724

Represented by Steven Clerckx

Active
STRYDOT & Company

Director · since 15 mai 2025 · until 18 mai 2028 · 0889.612.437

Represented by Gilles van Strydonck

Active

Ended mandates

FABILUX

Director · since 19 mai 2022 · until 15 mai 2025 · 0437.202.358

Represented by Luc Bertrand

Ended
JEMMINVEST

Director · since 19 mai 2022 · until 15 mai 2025 · 0720.743.355

Represented by Christophe Koevoets

Ended
Marc van Strydonck

Director · since 19 mai 2022 · until 15 mai 2025

Ended
Pierre Seynaeve

Director · since 20 mai 2021 · until 15 mai 2025

Ended
At this address

Other companies at this address

CompanyCBE 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
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202619/06/202528/06/202427/06/202311/07/202228/06/2021
General meeting21/05/202615/05/202516/05/202419/05/202319/05/202220/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/05/202609/06/2026DutchPDF
Abridged model31/12/202415/05/202519/06/2025DutchPDF
Abridged model31/12/202316/05/202428/06/2024DutchPDF
Abridged model31/12/202219/05/202327/06/2023DutchPDF
Abridged model31/12/202119/05/202211/07/2022DutchPDF
Abridged model31/12/202020/05/202128/06/2021DutchPDF
Abridged model31/12/201922/05/202022/06/2020DutchPDF
Abridged model31/12/201816/05/201911/06/2019DutchPDF
Abridged model31/12/201717/05/201826/06/2018DutchPDF
Abridged model31/12/201618/05/201715/06/2017DutchPDF
Abridged model31/12/201519/05/201613/06/2016DutchPDF
Abridged model31/12/201421/05/201508/06/2015DutchPDF
Abridged model31/12/201315/05/201425/06/2014DutchPDF
Abridged model31/12/201216/05/201325/06/2013DutchPDF
Abridged model31/12/201118/05/201221/06/2012DutchPDF
Abridged model31/12/201019/05/201121/06/2011DutchPDF
Abridged model31/12/200920/05/201005/07/2010DutchPDF
Abridged model31/12/200822/05/200916/06/2009DutchPDF
Abridged model31/12/200715/05/200816/06/2008DutchPDF
Full model31/12/200618/05/200720/06/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 49 ended

Active mandates

Anja Cope

Director · since 15 mai 2025 · until 18 mai 2028

Active
FABILUX

Director · since 15 mai 2025 · until 18 mai 2028 · 0437.202.358

Represented by Luc Bertrand

Active
Grégoire Van Strydonck

Director · since 15 mai 2025 · until 16 mai 2030

Active
JEMMINVEST

Director · since 15 mai 2025 · until 18 mai 2028 · 0720.743.355

Represented by Christophe Koevoets

Active
Marc van Strydonck

Director · since 15 mai 2025 · until 18 mai 2028

Active
S4K

Director · since 15 mai 2025 · until 18 mai 2028 · 0477.751.724

Represented by Steven Clerckx

Active
STRYDOT & Company

Director · since 15 mai 2025 · until 18 mai 2028 · 0889.612.437

Represented by Gilles van Strydonck

Active

Ended mandates

FABILUX

Director · since 19 mai 2022 · until 15 mai 2025 · 0437.202.358

Represented by Luc Bertrand

Ended
JEMMINVEST

Director · since 19 mai 2022 · until 15 mai 2025 · 0720.743.355

Represented by Christophe Koevoets

Ended
Marc van Strydonck

Director · since 19 mai 2022 · until 15 mai 2025

Ended
Pierre Seynaeve

Director · since 20 mai 2021 · until 15 mai 2025

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • 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

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025434,3 k €↓
  2. 2025
    Name changeThico Group NV
  3. 2024
    Annual accounts 2024471,1 k €↑
  4. 2023
    Annual accounts 2023359,2 k €↑
  5. 2022
    Annual accounts 2022317,9 k €↑
  6. 2022
    Name changeThornton & Co NV
  7. 2021
    Annual accounts 2021171,1 k €↓
  8. 2021
    Name changeTHORNTON & C°
  9. 2020
    Annual accounts 2020195,2 k €↑
  10. 2019
    Annual accounts 201990,4 k €↑
  11. 2018
    Annual accounts 201837,5 k €↑
  12. 2017
    Annual accounts 2017-26,5 k €↓
  13. 2016
    Annual accounts 201637,5 k €↓
  14. 2015
    Annual accounts 2015112,9 k €↓
  15. 2014
    Annual accounts 2014119,6 k €↑
  16. 2013
    Annual accounts 201388,4 k €↓
  17. 2012
    Annual accounts 2012446,8 k €↑
  18. 2011
    Annual accounts 2011207,3 k €↑
  19. 2010
    Annual accounts 2010132,2 k €↑
  20. 2009
    Annual accounts 200985,6 k €↓
  21. 2008
    Annual accounts 2008422,8 k €↑
  22. 2007
    Annual accounts 2007253,8 k €↑
  23. 2006
    Annual accounts 2006123,9 k €
  24. 01/01/1968
    IncorporationPublic limited company