ACTIVE

Thiers-Horizon

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Financial year 2025 · Closed on 31/12/2025

Net result-112,4 k €-6,4 %over 1 year

Gross margin709,1 k €-8,9 %over 1 year

Equity570,5 k €-16,5 %over 1 year

Workforce8,0 ETP+5,3 %over 1 year

Identity

Source · BCE/KBO

Thiers-Horizon is a Public limited company incorporated in 1959. Its registered office is in Schoten. It employs on average 8,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0404.667.766
Incorporation: 28/02/1959
Legal form: Public limited company
Registered office: Brechtsebaan 116
2900 Schoten · FlandreSee on map
Contributed capital: 206 000,00 €
Latest accounts: 31/12/2025
Average workforce: 8,0 ETP

Joint committees (3)

Signals

Good liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	709,1 k €	-8.9%	778,6 k €	-34.1%	1,2 M €	+68.8%	700,2 k €	+3.7%	675,5 k €
EBITDA	37,7 k €	-53.8%	81,5 k €	-81.9%	450,5 k €	+97.7%	227,8 k €	-14.2%	265,5 k €
Operating result	-77,5 k €	-21.0%	-64 k €	-122%	287 k €	+74.2%	164,7 k €	-6.8%	176,7 k €
Net result	-112,4 k €	-6.4%	-105,6 k €	-160%	176,2 k €	+29.1%	136,5 k €	+11.2%	122,8 k €
Balance sheet
Equity	570,5 k €	-16.5%	682,9 k €	-18.6%	838,6 k €	+26.6%	662,4 k €	+26.0%	525,9 k €
Total assets	1,9 M €	-0.7%	1,9 M €	-22.3%	2,5 M €	+34.5%	1,8 M €	+11.6%	1,6 M €
Cash	290,6 k €	+2.2%	284,4 k €	+22.0%	233 k €	-10.6%	260,7 k €	+77.8%	146,7 k €
Debts	1,3 M €	+8.0%	1,2 M €	-24.3%	1,6 M €	+39.1%	1,2 M €	+4.7%	1,1 M €
Other
Workforce	8,0 ETP	+5.3%	7,6 ETP	-2.6%	7,8 ETP	+25.8%	6,2 ETP	+1.6%	6,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 26 ended

Active mandates

Frederic Vermeiren

Managing director · since 01 février 2024 · until 17 mai 2027

Active

Julie Vermeiren

Managing director · since 01 février 2024 · until 17 mai 2027

Active

Kristof Vermeiren

Director · since 16 mai 2021 · until 17 mai 2027

Active

Ended mandates

Frederic Vermeiren

Director · since 16 mai 2022 · until 17 mai 2027

Ended

Julie Vermeiren

Director · since 16 mai 2022 · until 17 mai 2027

Ended

Kristof Vermeiren

Managing director · since 16 mai 2021 · until 16 mai 2026

Ended

Frederic Vermeiren

Director · since 15 octobre 2018 · until 16 mai 2022

Ended

Other companies at this address

Brechtsebaan 116 2900 Schoten

Company	CBE no.
3VE● Active	0699.702.966
Groep Thiers Horizon● Active	0668.991.677

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	12/06/2026	17/06/2025	07/06/2024	26/06/2023	07/06/2022	25/06/2021
General meeting	16/05/2026	16/05/2025	16/05/2024	16/05/2023	16/05/2022	17/05/2021
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/05/2026	12/06/2026	Dutch	PDF
Abridged model	31/12/2024	16/05/2025	17/06/2025	Dutch	PDF
Abridged model	31/12/2023	16/05/2024	07/06/2024	Dutch	PDF
Abridged model	31/12/2022	16/05/2023	26/06/2023	Dutch	PDF
Abridged model	31/12/2021	16/05/2022	07/06/2022	Dutch	PDF
Abridged model	31/12/2020	17/05/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	16/05/2020	10/06/2020	Dutch	PDF
Abridged model	31/12/2018	16/05/2019	18/06/2019	Dutch	PDF
Abridged model	31/12/2017	16/05/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	16/05/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	01/07/2015	Dutch	PDF
Abridged model	30/06/2013	26/11/2013	05/12/2013	Dutch	PDF
Abridged model	30/06/2012	27/11/2012	17/12/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	26/05/2009	03/08/2009	Dutch	PDF
Abridged model	31/12/2007	27/05/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	06/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

3 active · 26 ended

Active mandates

Frederic Vermeiren

Managing director · since 01 février 2024 · until 17 mai 2027

Active

Julie Vermeiren

Managing director · since 01 février 2024 · until 17 mai 2027

Active

Kristof Vermeiren

Director · since 16 mai 2021 · until 17 mai 2027

Active

Ended mandates

Frederic Vermeiren

Director · since 16 mai 2022 · until 17 mai 2027

Ended

Julie Vermeiren

Director · since 16 mai 2022 · until 17 mai 2027

Ended

Kristof Vermeiren

Managing director · since 16 mai 2021 · until 16 mai 2026

Ended

Frederic Vermeiren

Director · since 15 octobre 2018 · until 16 mai 2022

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring02/02/2023
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring25/11/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates12/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other08/01/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Other10/01/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/11/2018
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025-112,4 k €↓
2024
Annual accounts 2024-105,6 k €↓
2023
Annual accounts 2023176,2 k €↑
2022
Annual accounts 2022136,5 k €↑
2021
Annual accounts 2021122,8 k €↑
2020
Annual accounts 202034,9 k €↓
2019
Annual accounts 201965 k €↑
2018
Annual accounts 201851,8 k €↑
2017
Annual accounts 201748,8 k €↑
2016
Annual accounts 201614 k €↓
2015
Annual accounts 201523,7 k €↑
2014
Annual accounts 2014-37,9 k €↑
2013
Annual accounts 2013-50,7 k €↓
2012
Annual accounts 201232,2 k €↑
2010
Annual accounts 20104,1 k €↑
2009
Annual accounts 20092,2 k €↑
2008
Annual accounts 2008-70,4 k €↓
2007
Annual accounts 2007-32 k €↓
2006
Annual accounts 20062,4 k €
28/02/1959
IncorporationPublic limited company

Thiers-Horizon

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