ACTIVE

THG ST.VITH

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Financial year 2025 · Closed on 31/12/2025

Net result282 k €+11,5 %over 1 year
Gross margin437,9 k €+28,5 %over 1 year
Equity191,4 k €+53,8 %over 1 year
Workforce2,7 ETP-6,9 %over 1 year

Identity

Source · BCE/KBO

THG ST.VITH is a Public limited company incorporated in 1988. Its registered office is in Sankt Vith. It employs on average 2,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.932.360
Incorporation
20/08/1988
Legal form
Public limited company
Registered office
Malmedyer Strasse 37
4780 Sankt Vith · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
2,7 ETP
Joint committees (3)
  • 100
  • 200
  • 336
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin437,9 k €340,8 k €272,4 k €230,1 k €252,9 k €
EBITDA329,3 k €279,8 k €229,4 k €195,4 k €206,8 k €
Operating result315,2 k €265,2 k €200,2 k €162,5 k €176 k €
Net result282 k €252,8 k €185,2 k €150,3 k €120,9 k €
Balance sheet
Equity191,4 k €124,4 k €121,6 k €116,4 k €116,1 k €
Total assets765,4 k €1 M €857,5 k €654,6 k €664,9 k €
Cash112,9 k €11,6 k €9 k €37,4 k €23,1 k €
Debts573,4 k €874,7 k €732 k €538 k €545,5 k €
Other
Workforce2,7 ETP2,9 ETP2,7 ETP1,6 ETP2,0 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

3 active · 31 ended

Active mandates

MH Fiscura

Director · since 05 octobre 2025 · until 16 mai 2031 · 1020.902.432

Represented by Christina Mockels

Active
NDLM Invest

Director · since 28 mars 2022 · until 16 mai 2031 · 0745.742.433

Represented by Nicolas Schmitz

Active
M.R. Malengreaux

Director · since 20 novembre 2019 · until 16 mai 2031 · 0685.427.338

Represented by Michael Malengreaux

Active

Ended mandates

NDLM Invest

Director · since 02 janvier 2022 · until 16 mai 2031 · 0745.742.433

Represented by Nicolas Schmitz

Ended
NDLM Invest

Director · since 02 janvier 2022 · 0745.742.433

Represented by Nicolas Schmitz

Ended
M.R. Malengreaux

Director · since 20 novembre 2019 · until 15 mai 2020 · 0685.427.338

Represented by Michael Malengreaux

Ended
M.R. Malengreaux

Director · since 20 novembre 2019 · until 16 mai 2025 · 0685.427.338

Represented by Michael Malengreaux

Ended

Other companies at this address

Malmedyer Strasse 37 4780 Sankt Vith
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HASACOM● Active
1032.165.221
Knuppimmo● Active
1024.870.722
MAXANCO● Active
0452.277.445
SANDE - SERVICES AND EVENTS● Active
0568.948.253
SHFB● Active
0888.542.566
Stampin' Up! Belgium● Active
0787.390.471
SWYS-Health● Active
1032.165.320

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 date08/06/202624/06/202525/06/202418/07/202325/08/202230/08/2021
General meeting15/05/202616/05/202531/05/202419/05/202320/05/202221/05/2021
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
Abridged model31/12/202515/05/202608/06/2026GermanPDF
Abridged model31/12/202416/05/202524/06/2025GermanPDF
Abridged model31/12/202331/05/202425/06/2024GermanPDF
Abridged model31/12/202219/05/202318/07/2023GermanPDF
Abridged model31/12/202120/05/202225/08/2022GermanPDF
Abridged model31/12/202021/05/202130/08/2021GermanPDF
Abridged model31/12/201915/05/202026/10/2020GermanPDF
Abridged model31/12/201817/05/201928/08/2019GermanPDF
Abridged model31/12/201718/05/201825/07/2018GermanPDF
Abridged model31/12/201619/05/201729/08/2017GermanPDF
Abridged model31/12/201520/05/201625/08/2016GermanPDF
Abridged model31/12/201415/05/201526/08/2015GermanPDF
Abridged model31/12/201316/05/201427/08/2014GermanPDF
Abridged model31/12/201217/05/201327/08/2013GermanPDF
Abridged model31/12/201118/05/201229/08/2012GermanPDF
Abridged model31/12/201020/05/201125/08/2011GermanPDF
Abridged model31/12/200921/05/201017/08/2010GermanPDF
Abridged model31/12/200815/05/200925/08/2009GermanPDF
Abridged model31/12/200716/05/200828/08/2008GermanPDF
Abridged model31/12/200618/05/200710/07/2007GermanPDF

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

3 active · 31 ended

Active mandates

MH Fiscura

Director · since 05 octobre 2025 · until 16 mai 2031 · 1020.902.432

Represented by Christina Mockels

Active
NDLM Invest

Director · since 28 mars 2022 · until 16 mai 2031 · 0745.742.433

Represented by Nicolas Schmitz

Active
M.R. Malengreaux

Director · since 20 novembre 2019 · until 16 mai 2031 · 0685.427.338

Represented by Michael Malengreaux

Active

Ended mandates

NDLM Invest

Director · since 02 janvier 2022 · until 16 mai 2031 · 0745.742.433

Represented by Nicolas Schmitz

Ended
NDLM Invest

Director · since 02 janvier 2022 · 0745.742.433

Represented by Nicolas Schmitz

Ended
M.R. Malengreaux

Director · since 20 novembre 2019 · until 15 mai 2020 · 0685.427.338

Represented by Michael Malengreaux

Ended
M.R. Malengreaux

Director · since 20 novembre 2019 · until 16 mai 2025 · 0685.427.338

Represented by Michael Malengreaux

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/10/2025
    ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates19/06/2025
    ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates08/04/2022
    ENTLASSUNG - ERNENNUNG
    PDF
  • Restructuring13/07/2021
    KAPITAL - AKTIEN - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …) - RUBRIK UMBAU (VERSCHMELZUNG, SPALTUNG, UEBERTRAGUNG VERMOEGEN, USW) - VERSCHIEDENES
    PDF
  • Restructuring08/04/2021
    RUBRIK UMBAU (VERSCHMELZUNG, SPALTUNG, UEBERTRAGUNG VERMOEGEN, USW) - VERSCHIEDENES
    PDF
  • Mandates05/11/2020
    ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates17/03/2020
    ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates08/01/2020
    ENTLASSUNG - ERNENNUNG
    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 2025282 k €↑
  2. 2024
    Annual accounts 2024252,8 k €↑
  3. 2023
    Annual accounts 2023185,2 k €↑
  4. 2022
    Annual accounts 2022150,3 k €↑
  5. 2021
    Annual accounts 2021120,9 k €↓
  6. 2020
    Annual accounts 2020127,9 k €↑
  7. 2019
    Annual accounts 201927,4 k €↑
  8. 2018
    Annual accounts 20181,2 k €↓
  9. 2017
    Annual accounts 201790,5 k €↑
  10. 2016
    Annual accounts 20163,9 k €↑
  11. 2015
    Annual accounts 2015620,8 €↓
  12. 2014
    Annual accounts 2014701,8 €↓
  13. 2013
    Annual accounts 20131,3 k €↑
  14. 2012
    Annual accounts 2012-46,3 k €↓
  15. 2011
    Annual accounts 20112,6 k €↓
  16. 2010
    Annual accounts 201093,3 k €↑
  17. 2009
    Annual accounts 20091,3 k €↑
  18. 2008
    Annual accounts 2008-12,1 k €↓
  19. 2007
    Annual accounts 200768,8 k €↑
  20. 2006
    Annual accounts 200644,1 k €
  21. 20/08/1988
    IncorporationPublic limited company