ACTIVE

THERMOPOL KUNSTSTOFTECHNIEK

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Financial year 2025 · closed on 30/06/2025

Net result

1,4 k €

-96.2% YoY

Revenue

11,8 M €

+5.8% YoY

Equity

696,8 k €

-62.5% YoY

Workforce

33,8 ETP

+7.6% YoY

What does THERMOPOL KUNSTSTOFTECHNIEK do?

THERMOPOL KUNSTSTOFTECHNIEK is a Public limited company incorporated in 1988. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Essen. It employs on average 33,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.933.539

Incorporation

30/11/1988

Legal form

Public limited company

Registered office

Rijkmakerlaan 43
2910 Essen · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

30/06/2025

Average workforce

33,8 ETP

Activities (NACE)

22210Manufacture of plastic plates, sheets, tubes and profiles· main 22210Manufacture of plastic plates, sheets, tubes and profiles 22260Manufacture of plastic products 22290Manufacture of other plastic products 25210Manufacture of central heating radiators and boilers 25240Manufacture of tanks, reservoirs and containers of metal

Joint committees (4)

111
11101
209
2090

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	11,8 M €	+5.8%	11,1 M €	+3.7%	10,7 M €		–		–		9,6 M €	-18.7%	11,9 M €		–		–		–		–		–		–		–		–		–		–		–
EBITDA	319,8 k €	+19.5%	267,6 k €	-19.4%	332,2 k €	+20.0%	276,9 k €	+2937%	-9,8 k €	-102%	459,5 k €	-44.3%	824,7 k €	+94.7%	423,6 k €	+55.5%	272,4 k €	+24.9%	218 k €	+909%	-26,9 k €	-109%	303,6 k €	-10.3%	338,6 k €	+126%	149,9 k €	-43.8%	266,9 k €	-25.1%	356,4 k €	+30.2%	273,7 k €	+126%	121,3 k €
Operating result	171,6 k €	+23.0%	139,4 k €	-29.4%	197,6 k €	+38.4%	142,7 k €	+173%	-196,5 k €	-168%	290,7 k €	-55.6%	655,6 k €	+137%	276,9 k €	+130%	120,5 k €	+120%	54,7 k €	+125%	-214,6 k €	-311%	101,5 k €	-42.1%	175,3 k €	+156%	68,6 k €	-54.2%	149,6 k €	-40.1%	249,6 k €	+42.8%	174,8 k €	+245%	50,6 k €
Net result	1,4 k €	-96.2%	36,2 k €	-66.1%	106,6 k €	+0.3%	106,2 k €	+148%	-222,2 k €	-242%	156,7 k €	-61.0%	402,2 k €	+126%	177,6 k €	+121%	80,5 k €	+425%	15,3 k €	+105%	-283,5 k €	-2331%	-11,7 k €	-109%	126,7 k €	+392%	25,7 k €	-55.3%	57,5 k €	-37.4%	92 k €	-14.6%	107,8 k €	+189%	37,2 k €
Balance sheet
Equity	696,8 k €	-62.5%	1,9 M €	+2.0%	1,8 M €	+6.2%	1,7 M €	+1.7%	1,7 M €	-11.6%	1,9 M €	+8.9%	1,8 M €	+29.8%	1,4 M €	+15.1%	1,2 M €	+7.4%	1,1 M €	+1.2%	1,1 M €	-20.7%	1,4 M €	-0.8%	1,4 M €	+10.2%	1,2 M €	+2.1%	1,2 M €	+122%	549,6 k €	+20.1%	457,6 k €	+30.8%	349,9 k €
Total assets	6,5 M €	-17.1%	7,9 M €	+22.6%	6,4 M €	+25.9%	5,1 M €	+13.9%	4,5 M €	+9.4%	4,1 M €	+2.1%	4 M €	-14.0%	4,7 M €	+89.1%	2,5 M €	-17.6%	3 M €	-28.4%	4,2 M €	-8.2%	4,5 M €	+51.1%	3 M €	+6.4%	2,8 M €	+12.5%	2,5 M €	+23.4%	2 M €	+29.1%	1,6 M €	+5.0%	1,5 M €
Cash	226,5 k €	+166%	85,1 k €	-34.1%	129,2 k €	+4.5%	123,7 k €	+135%	52,6 k €	-76.0%	219,3 k €	-19.3%	271,6 k €	+279%	71,6 k €	-39.9%	119,1 k €	-82.9%	696,3 k €	+29.3%	538,7 k €	+40275%	1,3 k €	+1428%	87,3 €	-71.5%	306,1 €	-33.2%	458,2 €	+67.9%	272,9 €	+1110%	22,6 €	-82.7%	130,4 €
Debts	5,8 M €	-3.1%	6 M €	+30.8%	4,6 M €	+36.0%	3,4 M €	+21.3%	2,8 M €	+27.8%	2,2 M €	-3.3%	2,3 M €	-31.9%	3,3 M €	+156%	1,3 M €	-32.0%	1,9 M €	-38.1%	3,1 M €	-3.3%	3,2 M €	+93.5%	1,6 M €	+3.4%	1,6 M €	+22.3%	1,3 M €	-13.0%	1,5 M €	+32.7%	1,1 M €	-2.3%	1,1 M €
Other
Workforce	33,8 ETP	+7.6%	31,4 ETP	+6.1%	29,6 ETP	+3.9%	28,5 ETP	+126%	12,6 ETP	-1.6%	12,8 ETP	0.0%	12,8 ETP	+7.6%	11,9 ETP	+11.2%	10,7 ETP	+5.9%	10,1 ETP	+5.2%	9,6 ETP	-7.7%	10,4 ETP	+30.0%	8,0 ETP	+1.3%	7,9 ETP	+16.2%	6,8 ETP	-9.3%	7,5 ETP	0.0%	7,5 ETP	-2.6%	7,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 29 ended

Active mandates

Tom Vanthienen

Persoon belast met dagelijks bestuur · since 03 février 2022

Active

Plasticon Composites GMBH

Director · since 14 décembre 2021 · until 14 décembre 2027

Represented by Thomas RAPPEN

Active

Ended mandates

Tom Vanthienen

Director · since 03 février 2022

Ended

Plasticon Composites GmbH

Director · since 14 décembre 2021

Represented by Thomas RAPPEN

Ended

Norbert Heider

Director · since 23 septembre 2021 · until 14 décembre 2021

Ended

Norbert Heider

Director · since 23 septembre 2021

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/11/2025	03/02/2025	08/08/2024	07/12/2022	09/12/2021	20/01/2021
General meeting	25/11/2025	26/11/2024	02/11/2023	29/11/2022	30/11/2021	31/12/2020
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	25/11/2025	25/11/2025	Dutch	PDF
Full model	30/06/2024	26/11/2024	03/02/2025	Dutch	PDF
Full modelCorrection	30/06/2023	02/11/2023	08/08/2024	Dutch	PDF
Full model	30/06/2023	02/11/2023	20/11/2023	Dutch	PDF
Abridged model	30/06/2022	29/11/2022	07/12/2022	Dutch	PDF
Abridged model	30/06/2021	30/11/2021	09/12/2021	Dutch	PDF
Abridged model	30/06/2020	31/12/2020	20/01/2021	Dutch	PDF
Abridged model	30/06/2019	26/11/2019	19/12/2019	Dutch	PDF
Full model	30/06/2018	27/11/2018	23/01/2019	Dutch	PDF
Full model	30/06/2017	28/11/2017	20/12/2017	Dutch	PDF
Abridged model	30/06/2016	29/11/2016	02/12/2016	Dutch	PDF
Abridged model	30/06/2015	24/11/2015	24/11/2015	Dutch	PDF
Abridged model	30/06/2014	25/11/2014	11/12/2014	Dutch	PDF
Abridged model	30/06/2013	15/01/2014	13/02/2014	Dutch	PDF
Abridged model	30/06/2012	27/11/2012	26/12/2012	Dutch	PDF
Abridged model	30/06/2011	20/01/2012	14/02/2012	Dutch	PDF
Abridged model	30/06/2010	30/11/2010	29/12/2010	Dutch	PDF
Abridged model	31/12/2009	29/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	24/06/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	26/06/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 29 ended

Active mandates

Tom Vanthienen

Persoon belast met dagelijks bestuur · since 03 février 2022

Active

Plasticon Composites GMBH

Director · since 14 décembre 2021 · until 14 décembre 2027

Represented by Thomas RAPPEN

Active

Ended mandates

Tom Vanthienen

Director · since 03 février 2022

Ended

Plasticon Composites GmbH

Director · since 14 décembre 2021

Represented by Thomas RAPPEN

Ended

Norbert Heider

Director · since 23 septembre 2021 · until 14 décembre 2021

Ended

Norbert Heider

Director · since 23 septembre 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares28/05/2026
KAPITAAL - AANDELEN
PDF
Mandates04/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/10/2020
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20251,4 k €↓
2024
Annual accounts 202436,2 k €↓
2023
Annual accounts 2023106,6 k €↑
2022
Annual accounts 2022106,2 k €↑
2019
Annual accounts 2019-222,2 k €↓
2018
Annual accounts 2018156,7 k €↓
2017
Annual accounts 2017402,2 k €↑
2016
Annual accounts 2016177,6 k €↑
2015
Annual accounts 201580,5 k €↑
2014
Annual accounts 201415,3 k €↑
2013
Annual accounts 2013-283,5 k €↓
2012
Annual accounts 2012-11,7 k €↓
2011
Annual accounts 2011126,7 k €↑
2010
Annual accounts 201025,7 k €↓
2009
Annual accounts 200957,5 k €↓
2008
Annual accounts 200892 k €↓
2007
Annual accounts 2007107,8 k €↑
2006
Annual accounts 200637,2 k €
30/11/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

THERMOPOL KUNSTSTOFTECHNIEK

Overview

What does THERMOPOL KUNSTSTOFTECHNIEK do?

Trend over 18 financial years

Indicative valuation

Board of directors

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