ACTIVE

THONARD

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Financial year 2025 · Closed on 31/12/2025

Net result6,6 k €-74,1 %over 1 year
Gross margin142,4 k €-4,8 %over 1 year
Equity310,1 k €+2,2 %over 1 year

Identity

Source · BCE/KBO

THONARD is a Public limited company incorporated in 1985. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.180.962
Incorporation
20/12/1985
Legal form
Public limited company
Registered office
Avenue Henri-Warnant 13
4020 Liège · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin142,4 k €149,6 k €177,8 k €156,9 k €122,6 k €
EBITDA43,2 k €55,1 k €84,4 k €71,9 k €51,8 k €
Operating result28,3 k €41,5 k €70,5 k €58,8 k €41,3 k €
Net result6,6 k €25,3 k €45,2 k €29,3 k €19,5 k €
Balance sheet
Equity310,1 k €303,6 k €278,3 k €233,1 k €238,6 k €
Total assets391,2 k €350,6 k €348,6 k €329,6 k €316,2 k €
Cash19,3 k €19,4 k €28,5 k €26,4 k €21,1 k €
Debts80,4 k €47 k €70,4 k €96,5 k €77,4 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Doris EPTING
Director14/08/2016 → 14/08/2030
Jean-Marie THONARD
Director14/08/2016 → 14/08/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
D EPTING
Managing director16/05/2010 → 2013 accounts
Luc PERPETE
Director16/05/2010 → 2013 accounts
Jean-Martial THONARD
Administrator - manager2018 accounts

Other companies at this address

Avenue Henri-Warnant 13 4020 Liège
CompanyCBE no.
CHRISNET● Active
0460.491.563
THONARD JEAN MARTIAL● Active
0463.862.512

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date08/07/202618/08/202522/08/202422/08/202322/08/202219/08/2021
General meeting25/06/202626/06/202527/06/202422/06/202323/06/202224/06/2021
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
Micro model31/12/202525/06/202608/07/2026FrenchPDF
Micro model31/12/202426/06/202518/08/2025FrenchPDF
Micro model31/12/202327/06/202422/08/2024FrenchPDF
Micro model31/12/202222/06/202322/08/2023FrenchPDF
Micro model31/12/202123/06/202222/08/2022FrenchPDF
Micro model31/12/202024/06/202119/08/2021FrenchPDF
Micro model31/12/201925/06/202025/09/2020FrenchPDF
Micro model31/12/201827/06/201902/07/2019FrenchPDF
Micro model31/12/201728/06/201827/08/2018FrenchPDF
Micro model31/12/201622/06/201730/08/2017FrenchPDF
Abridged model31/12/201523/06/201629/08/2016FrenchPDF
Abridged model31/12/201425/06/201531/07/2015FrenchPDF
Abridged model31/12/201306/06/201410/06/2014FrenchPDF
Abridged model31/12/201227/06/201324/07/2013FrenchPDF
Abridged model31/12/201128/06/201204/07/2012FrenchPDF
Abridged model31/12/201025/06/201128/06/2011FrenchPDF
Abridged model31/12/200915/06/201017/06/2010FrenchPDF
Abridged model31/12/200822/06/200923/06/2009FrenchPDF
Abridged model31/12/200715/06/200828/06/2008FrenchPDF
Abridged model31/12/200630/06/200725/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Doris EPTING
Director14/08/2016 → 14/08/2030
Jean-Marie THONARD
Director14/08/2016 → 14/08/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
D EPTING
Managing director16/05/2010 → 2013 accounts
Luc PERPETE
Director16/05/2010 → 2013 accounts
Jean-Martial THONARD
Administrator - manager2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/05/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/03/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/02/2012
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates25/08/2010
    DEMISSIONS, NOMINATIONS
    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
Doris EPTING
Jean-Marie THONARD
Luc PERPETE
D EPTING
Jean-Martial THONARD
JM THONARD
1985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
THONARD
Avenue Henri-Warnant 13, 4020 Liège-4020
Director
Director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue Henri-Warnant 13, 4020 Liège-4020Current
accounts 2022 → 2025
Accounts 2025 · 2026-00266982
Avenue Henri-Warnant 13, 4000 Liège
accounts 2021
Accounts 2021 · 2022-20300088

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
THONARDCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00266982

Events

  1. 2025
    Annual accounts 20256,6 k €↓
  2. 2024
    Annual accounts 202425,3 k €↓
  3. 2023
    Annual accounts 202345,2 k €↑
  4. 2022
    Annual accounts 202229,3 k €↑
  5. 2021
    Annual accounts 202119,5 k €↓
  6. 2020
    Annual accounts 202021,5 k €↓
  7. 2019
    Annual accounts 201924,7 k €↓
  8. 2018
    Annual accounts 201832,6 k €↑
  9. 2017
    Annual accounts 201711 k €↓
  10. 2016
    Annual accounts 201612,6 k €↓
  11. 2015
    Annual accounts 201522,2 k €↑
  12. 2014
    Annual accounts 201421,7 k €↑
  13. 2013
    Annual accounts 201317,5 k €↑
  14. 2012
    Annual accounts 20128,3 k €↑
  15. 2011
    Annual accounts 20111,6 k €↓
  16. 2010
    Annual accounts 20103,1 k €↑
  17. 2009
    Annual accounts 20092,1 k €↓
  18. 2008
    Annual accounts 20083,7 k €↓
  19. 2007
    Annual accounts 20073,8 k €↑
  20. 2006
    Annual accounts 2006179 €
  21. 20/12/1985
    IncorporationPublic limited company