ACTIVE

thg Bruxelles

Financial year 2025 · Closed on 31/12/2025

Net result-220,7 k €-128,6 %over 1 year
Gross margin1,8 M €-23,8 %over 1 year
Equity359,1 k €-40,0 %over 1 year
Workforce21,7 ETP+30,7 %over 1 year

Identity

Source · BCE/KBO

thg Bruxelles is a Public limited company incorporated in 1975. Its registered office is in Lasne. It employs on average 21,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0415.371.717
Incorporation
22/09/1975
Legal form
Public limited company
Registered office
Chaussée de Louvain 431
1380 Lasne · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
21,7 ETP
Joint committees (3)
  • 200
  • 218
  • 3360
Signals
Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin1,8 M €2,4 M €1,3 M €1 M €749,8 k €
EBITDA293,2 k €1,3 M €222,4 k €-29 k €52,8 k €
Operating result-126,8 k €1,1 M €41,6 k €-222,6 k €-73,8 k €
Net result-220,7 k €770,8 k €-87,9 k €56,4 k €8,6 k €
Balance sheet
Equity359,1 k €598,6 k €67,6 k €158 k €124 k €
Total assets2,4 M €3 M €3,3 M €3,4 M €2,2 M €
Cash77,6 k €84,6 k €6,6 k €237,9 k €88,5 k €
Debts2,1 M €2,4 M €3,2 M €3,2 M €2,1 M €
Other
Workforce21,7 ETP16,6 ETP15,8 ETP16,2 ETP10,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

PIA Group BeLux

Director · since 20 février 2024 · 0718.884.618

Represented by Brouckaert Steven

Active
GONDRY ACCOUNTING & CONSULTING

Director · since 14 février 2022 · until 08 juin 2028 · 0477.315.620

Represented by Gilles Gondry

Active

Ended mandates

PIA Group BeLux

Director · since 20 février 2024 · 0718.884.618

Represented by Steven Brouckaert

Ended
GONDRY ACCOUNTING & CONSULTING

Director · since 14 février 2022 · until 08 juin 2028 · 0477.315.620

Represented by Gilles Gondry

Ended
DRT CONSULT

Managing director · since 28 janvier 2022 · until 28 janvier 2028 · 0465.030.866

Represented by ISABELLE FOLIE

Ended
GONDRY ACCOUNTING & CONSULTING

Managing director · since 28 janvier 2022 · until 28 janvier 2028 · 0477.315.620

Represented by GILLES GONDRY

Ended

Other companies at this address

Chaussée de Louvain 431 1380 Lasne
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AXIELLE● Active
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0809.465.691
CENSEA● Active
0502.496.622
DIEWEG● Active
0675.969.343
DrC Jehaes● Active
0792.681.327
0821.495.770
FarmaPlus● Active
0419.498.967
0457.343.914
FIDEVINC● Active
0798.224.975
0436.854.247
0443.790.737
1030.212.551
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HAPPIMMO● Active
1022.773.344
HAPPINEXT● Active
0676.725.547

Full financial information

Source · NBB
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 date13/07/202614/07/202522/08/202431/08/202330/08/202223/08/2021
General meeting26/06/202630/06/202513/06/202408/06/202309/06/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202613/07/2026FrenchPDF
Abridged model31/12/202430/06/202514/07/2025FrenchPDF
Abridged model31/12/202313/06/202422/08/2024FrenchPDF
Abridged model31/12/202208/06/202331/08/2023FrenchPDF
Abridged model31/12/202109/06/202230/08/2022FrenchPDF
Abridged model31/12/202010/06/202123/08/2021FrenchPDF
Abridged model31/12/201931/08/202027/10/2020FrenchPDF
Abridged model31/12/201813/06/201926/08/2019FrenchPDF
Abridged model31/12/201714/06/201814/08/2018FrenchPDF
Abridged model31/12/201608/06/201716/08/2017FrenchPDF
Abridged model31/12/201509/06/201612/07/2016FrenchPDF
Abridged model31/12/201411/06/201524/07/2015FrenchPDF
Abridged model31/12/201312/06/201428/08/2014FrenchPDF
Abridged model31/12/201213/06/201322/08/2013FrenchPDF
Abridged model31/12/201114/06/201231/07/2012FrenchPDF
Abridged model31/12/201009/06/201129/08/2011FrenchPDF
Abridged model31/12/200910/06/201030/09/2010FrenchPDF
Abridged model31/12/200811/06/200907/08/2009FrenchPDF
Abridged model31/12/200712/06/200813/08/2008FrenchPDF
Abridged model31/12/200614/06/200729/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

2 active · 21 ended

Active mandates

PIA Group BeLux

Director · since 20 février 2024 · 0718.884.618

Represented by Brouckaert Steven

Active
GONDRY ACCOUNTING & CONSULTING

Director · since 14 février 2022 · until 08 juin 2028 · 0477.315.620

Represented by Gilles Gondry

Active

Ended mandates

PIA Group BeLux

Director · since 20 février 2024 · 0718.884.618

Represented by Steven Brouckaert

Ended
GONDRY ACCOUNTING & CONSULTING

Director · since 14 février 2022 · until 08 juin 2028 · 0477.315.620

Represented by Gilles Gondry

Ended
DRT CONSULT

Managing director · since 28 janvier 2022 · until 28 janvier 2028 · 0465.030.866

Represented by ISABELLE FOLIE

Ended
GONDRY ACCOUNTING & CONSULTING

Managing director · since 28 janvier 2022 · until 28 janvier 2028 · 0477.315.620

Represented by GILLES GONDRY

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other04/03/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Restructuring28/02/2025
    DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring30/12/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates17/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring23/02/2022
    DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring27/12/2021
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring01/12/2021
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Mandates02/05/2016
    DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF

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 2025-220,7 k €↓
  2. 2024
    Annual accounts 2024770,8 k €↑
  3. 2023
    Annual accounts 2023-87,9 k €↓
  4. 2022
    Annual accounts 202256,4 k €↑
  5. 2021
    Annual accounts 20218,6 k €↓
  6. 2020
    Annual accounts 202010,5 k €↓
  7. 2019
    Annual accounts 201936,9 k €↓
  8. 2018
    Annual accounts 2018359,5 k €↑
  9. 2017
    Annual accounts 201710,3 k €↓
  10. 2016
    Annual accounts 201619,3 k €↓
  11. 2015
    Annual accounts 201523,5 k €↓
  12. 2015
    Name changeTHG Bruxelles
  13. 2014
    Annual accounts 2014242 k €↑
  14. 2013
    Annual accounts 201331,6 k €↓
  15. 2012
    Annual accounts 201286 k €↑
  16. 2011
    Annual accounts 201179,6 k €↓
  17. 2010
    Annual accounts 2010112,2 k €↑
  18. 2009
    Annual accounts 200970,4 k €↑
  19. 2008
    Annual accounts 200865 k €↑
  20. 2007
    Annual accounts 200732,9 k €↑
  21. 2006
    Annual accounts 200616,9 k €
  22. 2006
    Name changeGestion et Economie de l'Entreprise - Beheer en Bedrijfleer van de Onderneming
  23. 22/09/1975
    IncorporationPublic limited company