THEMASHOE
0428.670.813 · rovalta.com · 21/09/2026
ACTIVE
THEMASHOE
Financial year 2025 · closed on 30/09/2025
Net result
79,9 k €
+25.5% YoY
Gross margin
236,9 k €
+44.6% YoY
Equity
1,5 M €
+5.7% YoY
Overview
What does THEMASHOE do?
THEMASHOE is a Public limited company incorporated in 1986. Its main activity is: Hotels and similar accommodation. Its registered office is in Kortrijk.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0428.670.813
Incorporation
15/03/1986
Legal form
Public limited company
Registered office
Kanonstraat(Kor) 20
8500 Kortrijk · FlandreSee on map
8500 Kortrijk · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 236,9 k € | +44.6% | 163,8 k € | +15.4% | 141,9 k € | -32.7% | 210,8 k € | +269% | 57,1 k € | -40.3% | 95,6 k € | -3.5% | 99,1 k € | -13.0% | 113,9 k € | -3.7% | 118,3 k € | +79.0% | 66,1 k € | -17.7% | 80,3 k € | -15.1% | 94,6 k € | +17.5% | 80,5 k € | -14.8% | 94,5 k € | +169% | 35,1 k € | -12.2% | 40 k € | +56.4% | 25,6 k € | +33.5% | 19,2 k € | +9.7% | 17,5 k € |
| EBITDA | 220,6 k € | +46.5% | 150,6 k € | +59.1% | 94,6 k € | -52.5% | 199,2 k € | +328% | 46,5 k € | -45.0% | 84,5 k € | -4.8% | 88,7 k € | -14.2% | 103,3 k € | -3.5% | 107,1 k € | +89.3% | 56,6 k € | -19.8% | 70,6 k € | -16.7% | 84,7 k € | +20.1% | 70,6 k € | -15.1% | 83,1 k € | +197% | 28 k € | -18.7% | 34,4 k € | +95.0% | 17,6 k € | +55.6% | 11,3 k € | +24.9% | 9,1 k € |
| Operating result | 139,1 k € | +23.5% | 112,7 k € | +59.5% | 70,6 k € | -60.1% | 177,1 k € | +961% | 16,7 k € | -70.7% | 56,9 k € | +3.9% | 54,8 k € | +73.2% | 31,6 k € | -41.9% | 54,4 k € | +56.1% | 34,9 k € | -25.2% | 46,6 k € | -23.2% | 60,7 k € | +15.7% | 52,5 k € | -20.7% | 66,2 k € | +324% | 15,6 k € | -31.8% | 22,9 k € | +305% | 5,7 k € | +727% | -902 € | +88.1% | -7,6 k € |
| Net result | 79,9 k € | +25.5% | 63,7 k € | +69.5% | 37,6 k € | -69.1% | 121,8 k € | +65397% | 185,9 € | -99.4% | 30,6 k € | +2.9% | 29,7 k € | +229% | 9 k € | -54.4% | 19,8 k € | +47.1% | 13,4 k € | -50.1% | 26,9 k € | -38.6% | 43,8 k € | +15.2% | 38 k € | -30.9% | 55,1 k € | +474% | 9,6 k € | -41.6% | 16,4 k € | +2672% | -637,9 € | +88.9% | -5,8 k € | +63.1% | -15,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 1,5 M € | +5.7% | 1,4 M € | +4.8% | 1,3 M € | +2.9% | 1,3 M € | +10.4% | 1,2 M € | +0.0% | 1,2 M € | +2.7% | 1,1 M € | +2.7% | 1,1 M € | +0.6% | 1,1 M € | +1.8% | 1,1 M € | +1.3% | 1,1 M € | +2.6% | 1 M € | +4.4% | 1 M € | +3.9% | 963,8 k € | +6.1% | 908,7 k € | +1.1% | 899,1 k € | +1.9% | 882,7 k € | -0.1% | 883,3 k € | -0.6% | 889,1 k € |
| Total assets | 2,1 M € | +15.2% | 1,9 M € | +4.4% | 1,8 M € | +3.5% | 1,7 M € | +6.9% | 1,6 M € | +1.9% | 1,6 M € | +4.0% | 1,5 M € | -0.5% | 1,5 M € | +3.2% | 1,5 M € | +4.1% | 1,4 M € | +17.1% | 1,2 M € | +1.8% | 1,2 M € | +0.1% | 1,2 M € | +0.4% | 1,2 M € | +3.8% | 1,1 M € | -0.8% | 1,2 M € | +0.4% | 1,1 M € | +0.1% | 1,1 M € | -1.0% | 1,2 M € |
| Cash | 324,8 k € | +149% | 130,4 k € | -38.4% | 211,9 k € | -58.3% | 508,6 k € | +342% | 115 k € | +1741% | 6,2 k € | -83.6% | 38,2 k € | +25.7% | 30,4 k € | -71.7% | 107,2 k € | -57.5% | 252,5 k € | +703% | 31,4 k € | -32.8% | 46,8 k € | -7.3% | 50,4 k € | +21.7% | 41,4 k € | +154% | 16,3 k € | -15.1% | 19,2 k € | +133% | 8,3 k € | +230% | 2,5 k € | +1070% | 213,7 € |
| Debts | 624,8 k € | +47.6% | 423,3 k € | +0.6% | 420,9 k € | +4.0% | 404,6 k € | -2.7% | 415,7 k € | +7.5% | 386,8 k € | +8.6% | 356,2 k € | -9.8% | 394,8 k € | +14.3% | 345,4 k € | +9.1% | 316,6 k € | +144% | 129,9 k € | -2.6% | 133,4 k € | -23.5% | 174,3 k € | -17.8% | 211,9 k € | -7.1% | 228,3 k € | -7.6% | 247 k € | -4.5% | 258,7 k € | +0.6% | 257,1 k € | -2.2% | 262,8 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 12 ended
Active mandates
Annemie Stockman
ActiveFranky Pyck
ActiveEnded mandates
Annemie Stockman
EndedFranky Pyck
EndedAnnemie Stockman
EndedChristine Verledens
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/03/2026 | 31/03/2025 | 22/02/2024 | 21/03/2023 | 29/04/2022 | 30/04/2021 |
| General meeting | 20/02/2026 | 21/02/2025 | 16/02/2024 | 17/02/2023 | 18/02/2022 | 19/02/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 20/02/2026 | 31/03/2026 | Dutch | |
| Micro model | 30/09/2024 | 21/02/2025 | 31/03/2025 | Dutch | |
| Micro model | 30/09/2023 | 16/02/2024 | 22/02/2024 | Dutch | |
| Micro model | 30/09/2022 | 17/02/2023 | 21/03/2023 | Dutch | |
| Micro model | 30/09/2021 | 18/02/2022 | 29/04/2022 | Dutch | |
| Micro model | 30/09/2020 | 19/02/2021 | 30/04/2021 | Dutch | |
| Micro model | 30/09/2019 | 21/02/2020 | 30/04/2020 | Dutch | |
| Micro model | 30/09/2018 | 15/02/2019 | 30/04/2019 | Dutch | |
| Micro model | 30/09/2017 | 16/02/2018 | 02/05/2018 | Dutch | |
| Abridged model | 30/09/2016 | 17/02/2017 | 02/05/2017 | Dutch | |
| Abridged model | 30/09/2015 | 19/02/2016 | 31/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 20/02/2015 | 30/04/2015 | Dutch | |
| Abridged model | 30/09/2013 | 21/02/2014 | 29/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 15/02/2013 | 18/03/2013 | Dutch | |
| Abridged model | 30/09/2011 | 17/02/2012 | 05/03/2012 | Dutch | |
| Abridged model | 30/09/2010 | 18/02/2011 | 02/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 19/02/2010 | 04/03/2010 | Dutch | |
| Abridged model | 30/09/2008 | 20/02/2009 | 24/03/2009 | Dutch | |
| Abridged model | 30/09/2007 | 15/02/2008 | 31/03/2008 | Dutch | |
| Abridged model | 30/09/2006 | 16/02/2007 | 14/03/2007 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 12 ended
Active mandates
Annemie Stockman
ActiveFranky Pyck
ActiveEnded mandates
Annemie Stockman
EndedFranky Pyck
EndedAnnemie Stockman
EndedChristine Verledens
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202579,9 k €↑
- 2024Annual accounts 202463,7 k €↑
- 2023Annual accounts 202337,6 k €↓
- 2022Annual accounts 2022121,8 k €↑
- 2021Annual accounts 2021185,9 €↓
- 2020Annual accounts 202030,6 k €↑
- 2019Annual accounts 201929,7 k €↑
- 2018Annual accounts 20189 k €↓
- 2017Annual accounts 201719,8 k €↑
- 2016Annual accounts 201613,4 k €↓
- 2015Annual accounts 201526,9 k €↓
- 2014Annual accounts 201443,8 k €↑
- 2013Annual accounts 201338 k €↓
- 2012Annual accounts 201255,1 k €↑
- 2011Annual accounts 20119,6 k €↓
- 2010Annual accounts 201016,4 k €↑
- 2009Annual accounts 2009-637,9 €↑
- 2008Annual accounts 2008-5,8 k €↑
- 2007Annual accounts 2007-15,6 k €
- 15/03/1986IncorporationPublic limited company