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 main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. 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

Activities (NACE)

69201Accounting, bookkeeping and auditing activities; tax consultancy· main 69201Accounting, bookkeeping and auditing activities; tax consultancy 69202Accounting, bookkeeping and auditing activities; tax consultancy 74121Specialised design activities 74122Specialised design activities 69202Accounting, bookkeeping and auditing activities; tax consultancy+1

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	437,9 k €	+28.5%	340,8 k €	+25.1%	272,4 k €	+18.4%	230,1 k €	-9.0%	252,9 k €
EBITDA	329,3 k €	+17.7%	279,8 k €	+22.0%	229,4 k €	+17.4%	195,4 k €	-5.5%	206,8 k €
Operating result	315,2 k €	+18.9%	265,2 k €	+32.5%	200,2 k €	+23.2%	162,5 k €	-7.7%	176 k €
Net result	282 k €	+11.5%	252,8 k €	+36.5%	185,2 k €	+23.2%	150,3 k €	+24.3%	120,9 k €
Balance sheet
Equity	191,4 k €	+53.8%	124,4 k €	+2.3%	121,6 k €	+4.4%	116,4 k €	+0.3%	116,1 k €
Total assets	765,4 k €	-23.5%	1 M €	+16.7%	857,5 k €	+31.0%	654,6 k €	-1.5%	664,9 k €
Cash	112,9 k €	+877%	11,6 k €	+28.3%	9 k €	-75.9%	37,4 k €	+61.5%	23,1 k €
Debts	573,4 k €	-34.4%	874,7 k €	+19.5%	732 k €	+36.1%	538 k €	-1.4%	545,5 k €
Other
Workforce	2,7 ETP	-6.9%	2,9 ETP	+7.4%	2,7 ETP	+68.8%	1,6 ETP	-20.0%	2,0 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 · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MH Fiscura1020.902.432Represented by Christina Mockels	Director05/10/2025 → 16/05/2031
NDLM Invest0745.742.433Represented by Nicolas Schmitz	Director02/01/2022 → 16/05/2031
M.R. Malengreaux0685.427.338Represented by Michael Malengreaux	Director20/11/2019 → 16/05/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PAULUS & Partners0691.619.205Represented by Fabrice Paulus	Director01/03/2018 → 2018 accounts
Yves Deswysen	Mandatelisted until the 2016 accounts
Fabrice Paulus	Director01/01/2016 → 01/03/2018

Other companies at this address

Malmedyer Strasse 37 4780 Sankt Vith

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BEG BELGIUM● Active	0827.379.613
FAMALE● Active	0707.710.416
FM INNOVATION!/PETER FELIX● Active	0825.780.596
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

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/06/2026	24/06/2025	25/06/2024	18/07/2023	25/08/2022	30/08/2021
General meeting	15/05/2026	16/05/2025	31/05/2024	19/05/2023	20/05/2022	21/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/05/2026	08/06/2026	German	PDF
Abridged model	31/12/2024	16/05/2025	24/06/2025	German	PDF
Abridged model	31/12/2023	31/05/2024	25/06/2024	German	PDF
Abridged model	31/12/2022	19/05/2023	18/07/2023	German	PDF
Abridged model	31/12/2021	20/05/2022	25/08/2022	German	PDF
Abridged model	31/12/2020	21/05/2021	30/08/2021	German	PDF
Abridged model	31/12/2019	15/05/2020	26/10/2020	German	PDF
Abridged model	31/12/2018	17/05/2019	28/08/2019	German	PDF
Abridged model	31/12/2017	18/05/2018	25/07/2018	German	PDF
Abridged model	31/12/2016	19/05/2017	29/08/2017	German	PDF
Abridged model	31/12/2015	20/05/2016	25/08/2016	German	PDF
Abridged model	31/12/2014	15/05/2015	26/08/2015	German	PDF
Abridged model	31/12/2013	16/05/2014	27/08/2014	German	PDF
Abridged model	31/12/2012	17/05/2013	27/08/2013	German	PDF
Abridged model	31/12/2011	18/05/2012	29/08/2012	German	PDF
Abridged model	31/12/2010	20/05/2011	25/08/2011	German	PDF
Abridged model	31/12/2009	21/05/2010	17/08/2010	German	PDF
Abridged model	31/12/2008	15/05/2009	25/08/2009	German	PDF
Abridged model	31/12/2007	16/05/2008	28/08/2008	German	PDF
Abridged model	31/12/2006	18/05/2007	10/07/2007	German	PDF

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 · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MH Fiscura1020.902.432Represented by Christina Mockels	Director05/10/2025 → 16/05/2031
NDLM Invest0745.742.433Represented by Nicolas Schmitz	Director02/01/2022 → 16/05/2031
M.R. Malengreaux0685.427.338Represented by Michael Malengreaux	Director20/11/2019 → 16/05/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PAULUS & Partners0691.619.205Represented by Fabrice Paulus	Director01/03/2018 → 2018 accounts
Yves Deswysen	Mandatelisted until the 2016 accounts
Fabrice Paulus	Director01/01/2016 → 01/03/2018

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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

MH Fiscura

NDLM Invest

M.R. Malengreaux

PAULUS & Partners

Yves Deswysen

Fabrice PAULUS

Treuhandgesellschaft Leinen & Co

Kurt LEINEN

19881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

THG ST.VITH

Malmedyer Strasse 37, 4780 Saint-Vith

Director

Chairman of the board of directorsManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Malmedyer Strasse 37, 4780 Saint-VithCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00144386

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
THG ST.VITHCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00144386

Events

2025
Annual accounts 2025282 k €↑
2024
Annual accounts 2024252,8 k €↑
2023
Annual accounts 2023185,2 k €↑
2022
Annual accounts 2022150,3 k €↑
2021
Annual accounts 2021120,9 k €↓
2020
Annual accounts 2020127,9 k €↑
2019
Annual accounts 201927,4 k €↑
2018
Annual accounts 20181,2 k €↓
2017
Annual accounts 201790,5 k €↑
2016
Annual accounts 20163,9 k €↑
2015
Annual accounts 2015620,8 €↓
2014
Annual accounts 2014701,8 €↓
2013
Annual accounts 20131,3 k €↑
2012
Annual accounts 2012-46,3 k €↓
2011
Annual accounts 20112,6 k €↓
2010
Annual accounts 201093,3 k €↑
2009
Annual accounts 20091,3 k €↑
2008
Annual accounts 2008-12,1 k €↓
2007
Annual accounts 200768,8 k €↑
2006
Annual accounts 200644,1 k €
20/08/1988
IncorporationPublic limited company

THG ST.VITH

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events