ACTIVE

THERABEL IMMO

Financial year 2025 · Closed on 31/12/2025

Net result-881,8 k €-36,2 %over 1 year
Revenue396,3 k €-12,8 %over 1 year
Equity15,6 M €-5,4 %over 1 year
Workforce3,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

THERABEL IMMO is a Public limited company incorporated in 1986. Its registered office is in Forest. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.944.292
Incorporation
30/05/1986
Legal form
Public limited company
Registered office
Boulevard de l'Humanité 292
1190 Forest · BruxellesSee on map
Contributed capital
18 542 451,03 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
Solid equityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 13 financial years

20252024202320222021
Income statement
Revenue396,3 k €454,5 k €355 k €394,5 k €1,1 M €
EBITDA-250,7 k €-11 k €-243,5 k €-129,5 k €568,2 k €
Operating result-834,2 k €-591,6 k €-786,4 k €-576,6 k €194,6 k €
Net result-881,8 k €-647,4 k €-813,2 k €-582,6 k €172,7 k €
Balance sheet
Equity15,6 M €16,5 M €17,1 M €17,9 M €18,5 M €
Total assets18,4 M €18,1 M €18,6 M €18 M €19 M €
Cash73 k €58,9 k €103,7 k €239,1 k €519,9 k €
Debts2,7 M €1,6 M €1,4 M €62,2 k €279,1 k €
Other
Workforce3,0 ETP3,0 ETP3,0 ETP3,0 ETP3,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

BAWIP Consultants

Director · since 01 juin 2025 · until 28 mai 2027 · 0633.845.609

Represented by Philippe Burtonboy

Active
HEALTHCARE EXPERT CONSULTING

Managing director · since 01 juin 2025 · until 28 mai 2027 · 0828.040.005

Represented by Laurent KIRSCH

Active

Ended mandates

BAWIP Consultants

Director · since 29 mai 2021 · until 31 mai 2024 · 0633.845.609

Represented by Philippe Burtonboy

Ended
BAWIP Consultants

Director · since 29 mai 2021 · until 31 mai 2024 · 0633.845.609

Represented by Philippe Burtonboy

Ended
HEALTHCARE EXPERT CONSULTING

Managing director · since 29 mai 2021 · until 31 mai 2024 · 0828.040.005

Represented by Laurent KIRSCH

Ended
BAWIP Consultants

Director · since 29 mai 2020 · until 28 mai 2021 · 0633.845.609

Represented by Philippe Burtonboy

Ended

Other companies at this address

Boulevard de l'Humanité 292 1190 Forest
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0734.994.041
FDB Management● Active
0746.555.154
1009.229.273
0420.515.586
0475.314.549
Spentys● Active
0681.502.303
TESA● Active
0480.051.812
0836.259.962
0790.601.072
1001.335.057
1019.537.997
TM BREDENEZ● Active
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TM Krakeel 2-3● Active
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YUVI● Active
0692.926.329

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date10/06/202606/06/202522/07/202415/06/202307/06/202209/06/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
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
Full model31/12/202529/05/202610/06/2026FrenchPDF
Full model31/12/202430/05/202506/06/2025FrenchPDF
Full model31/12/202331/05/202422/07/2024FrenchPDF
Full model31/12/202226/05/202315/06/2023FrenchPDF
Full model31/12/202127/05/202207/06/2022FrenchPDF
Full model31/12/202028/05/202109/06/2021FrenchPDF
Full model31/12/201908/06/202015/06/2020FrenchPDF
Full model31/12/201831/05/201917/06/2019FrenchPDF
Full model31/12/201725/05/201827/06/2018FrenchPDF
Full model31/12/201626/05/201726/06/2017FrenchPDF
Full model31/12/201527/05/201620/06/2016FrenchPDF
Full model31/12/201429/05/201530/06/2015FrenchPDF
Full model31/12/201328/04/201427/05/2014FrenchPDF
Full model31/12/201231/05/201315/07/2013FrenchPDF
Full model31/12/201125/05/201219/06/2012FrenchPDF
Full model31/12/201027/05/201120/06/2011FrenchPDF
Full model31/12/200928/05/201001/06/2010FrenchPDF
Full model31/12/200829/05/200922/06/2009FrenchPDF
Full model31/12/200730/05/200819/06/2008FrenchPDF
Full model31/12/200625/05/200711/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 16 ended

Active mandates

BAWIP Consultants

Director · since 01 juin 2025 · until 28 mai 2027 · 0633.845.609

Represented by Philippe Burtonboy

Active
HEALTHCARE EXPERT CONSULTING

Managing director · since 01 juin 2025 · until 28 mai 2027 · 0828.040.005

Represented by Laurent KIRSCH

Active

Ended mandates

BAWIP Consultants

Director · since 29 mai 2021 · until 31 mai 2024 · 0633.845.609

Represented by Philippe Burtonboy

Ended
BAWIP Consultants

Director · since 29 mai 2021 · until 31 mai 2024 · 0633.845.609

Represented by Philippe Burtonboy

Ended
HEALTHCARE EXPERT CONSULTING

Managing director · since 29 mai 2021 · until 31 mai 2024 · 0828.040.005

Represented by Laurent KIRSCH

Ended
BAWIP Consultants

Director · since 29 mai 2020 · until 28 mai 2021 · 0633.845.609

Represented by Philippe Burtonboy

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office11/04/2022
    SIEGE SOCIAL
    PDF
  • Mandates21/06/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares15/03/2021
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates05/11/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/04/2020
    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 2025-881,8 k €↓
  2. 2024
    Annual accounts 2024-647,4 k €↑
  3. 2023
    Annual accounts 2023-813,2 k €↓
  4. 2022
    Annual accounts 2022-582,6 k €↓
  5. 2021
    Annual accounts 2021172,7 k €↑
  6. 2020
    Annual accounts 2020-798,7 k €↑
  7. 2019
    Annual accounts 2019-952,3 k €↓
  8. 2018
    Annual accounts 2018-842,8 k €↓
  9. 2017
    Annual accounts 2017-629,7 k €↓
  10. 2010
    Annual accounts 2010443 k €↓
  11. 2009
    Annual accounts 20091,1 M €↑
  12. 2008
    Annual accounts 20081 M €↓
  13. 2007
    Annual accounts 20071,9 M €
  14. 30/05/1986
    IncorporationPublic limited company