THOMAS WELDING SYSTEMS
0435.977.782 · rovalta.com · 23/09/2026
ACTIVE
THOMAS WELDING SYSTEMS
Financial year 2025 · closed on 31/03/2025
Net result
112,8 k €
+106.1% YoY
Gross margin
1,2 M €
+13.4% YoY
Equity
1 M €
+7.3% YoY
Workforce
11,5 ETP
-2.5% YoY
Overview
What does THOMAS WELDING SYSTEMS do?
THOMAS WELDING SYSTEMS is a Public limited company incorporated in 1988. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Charleroi. It employs on average 11,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0435.977.782
Incorporation
24/11/1988
Legal form
Public limited company
Registered office
Zoning de Jumet,3ème rue 18
6040 Charleroi · WallonieSee on map
6040 Charleroi · WallonieSee on map
Contributed capital
372 639,93 €
Latest accounts
31/03/2025
Average workforce
11,5 ETP
Activities (NACE)
25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main25620Machining28299Manufacture of other general-purpose machinery n.e.c.28299Manufacture of other general-purpose machinery n.e.c.28520Manufacture of machinery and equipment n.e.c.29430Manufacture of motor vehicles, trailers and semi-trailers+3
Joint committees (2)
- 100
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 1,2 M € | +13.4% | 1,1 M € | +11.7% | 959,5 k € | -15.4% | 1,1 M € | +32.7% | 855,3 k € | -20.9% | 1,1 M € | -2.7% | 1,1 M € | -9.2% | 1,2 M € | +14.0% | 1,1 M € | +3.5% | 1 M € | -5.0% | 1,1 M € | +7.3% | 1 M € | -22.8% | 1,3 M € | -0.3% | 1,3 M € | +4.8% | 1,3 M € | +15.7% | 1,1 M € | -12.8% | 1,3 M € |
| EBITDA | 315,2 k € | +45.8% | 216,2 k € | +62.2% | 133,3 k € | -60.0% | 333,5 k € | +67.4% | 199,3 k € | -27.9% | 276,4 k € | -10.5% | 308,9 k € | -20.2% | 386,8 k € | +28.1% | 302 k € | +19.5% | 252,7 k € | -7.2% | 272,3 k € | +50.4% | 181 k € | -57.7% | 428,1 k € | -10.5% | 478,4 k € | +10.7% | 432,2 k € | +44.7% | 298,8 k € | -16.8% | 359 k € |
| Operating result | 175,4 k € | +95.8% | 89,6 k € | +64.7% | 54,4 k € | -81.5% | 294,5 k € | +68.6% | 174,6 k € | -28.3% | 243,7 k € | -11.2% | 274,3 k € | -24.0% | 360,7 k € | +50.1% | 240,2 k € | +33.8% | 179,6 k € | -2.4% | 184,1 k € | +98.4% | 92,8 k € | -57.2% | 216,7 k € | -19.7% | 270 k € | +19.0% | 226,9 k € | +25.5% | 180,8 k € | -23.4% | 236 k € |
| Net result | 112,8 k € | +106% | 54,7 k € | +65.7% | 33 k € | -84.0% | 206,2 k € | +69.7% | 121,6 k € | -20.8% | 153,4 k € | -22.2% | 197,3 k € | -6.7% | 211,6 k € | +4.2% | 203,1 k € | +73.2% | 117,2 k € | -21.0% | 148,3 k € | +28.3% | 115,6 k € | -36.6% | 182,3 k € | +0.1% | 182,2 k € | -13.2% | 209,9 k € | +48.5% | 141,4 k € | -24.5% | 187,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 1 M € | +7.3% | 962,3 k € | +0.5% | 957,5 k € | +21.8% | 785,9 k € | +22.0% | 643,9 k € | +16.6% | 552,4 k € | +38.5% | 398,9 k € | -0.4% | 400,6 k € | +0.4% | 399 k € | -22.7% | 516 k € | +29.4% | 398,7 k € | 0.0% | 398,7 k € | -8.1% | 434,1 k € | +7.5% | 403,8 k € | +0.6% | 401,6 k € | -17.5% | 486,7 k € | -24.6% | 645,3 k € |
| Total assets | 1,8 M € | +6.6% | 1,7 M € | -20.3% | 2,1 M € | +12.8% | 1,9 M € | +20.7% | 1,6 M € | +28.4% | 1,2 M € | -28.7% | 1,7 M € | +72.5% | 984,5 k € | -37.8% | 1,6 M € | -0.1% | 1,6 M € | -6.2% | 1,7 M € | +12.3% | 1,5 M € | -15.1% | 1,8 M € | -15.2% | 2,1 M € | +7.3% | 1,9 M € | -0.3% | 2 M € | +10.6% | 1,8 M € |
| Cash | 631,9 k € | +71.8% | 367,8 k € | -46.6% | 688,6 k € | +6.8% | 644,5 k € | +2.3% | 630 k € | +148% | 253,7 k € | +202% | 83,9 k € | +61.4% | 52 k € | -46.6% | 97,3 k € | -21.0% | 123,1 k € | -35.4% | 190,5 k € | +549% | 29,4 k € | -74.3% | 114,1 k € | +61.0% | 70,9 k € | +57.3% | 45 k € | -62.6% | 120,5 k € | -48.7% | 234,8 k € |
| Debts | 764,5 k € | +5.6% | 724 k € | -37.4% | 1,2 M € | +6.2% | 1,1 M € | +21.1% | 899,9 k € | +39.0% | 647,4 k € | -49.8% | 1,3 M € | +125% | 573,4 k € | -49.8% | 1,1 M € | +10.5% | 1 M € | -19.2% | 1,3 M € | +16.9% | 1,1 M € | -16.8% | 1,3 M € | -22.0% | 1,7 M € | +9.0% | 1,5 M € | +5.4% | 1,5 M € | +30.8% | 1,1 M € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 11,5 ETP | -2.5% | 11,8 ETP | -8.5% | 12,9 ETP | +7.5% | 12,0 ETP | 0.0% | 12,0 ETP | 0.0% | 12,0 ETP | +3.4% | 11,6 ETP | +3.6% | 11,2 ETP | +1.8% | 11,0 ETP | +10.0% | 10,0 ETP | -9.1% | 11,0 ETP | -8.3% | 12,0 ETP | -20.0% | 15,0 ETP | 0.0% | 15,0 ETP | 0.0% | 15,0 ETP | 0.0% | 15,0 ETP | -6.3% | 16,0 ETP |
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 31/03/2025 · 3 active · 15 ended
Active mandates
Christophe THOMAS
ActiveLouis Thomas
ActivePascal Thomas
ActiveEnded mandates
CHRISTOPHE THOMAS
EndedLOUIS THOMAS
EndedPASCAL THOMAS
EndedCHRISTOPHE THOMAS
EndedFinancials
Annual accounts
Full financial information
| 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 | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 21/10/2025 | 30/09/2024 | 04/10/2023 | 28/10/2022 | 29/10/2021 | 30/10/2020 |
| General meeting | 01/09/2025 | 02/09/2024 | 04/09/2023 | 05/09/2022 | 06/09/2021 | 07/09/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/03/2025 | 01/09/2025 | 21/10/2025 | French | |
| Abridged model | 31/03/2024 | 02/09/2024 | 30/09/2024 | French | |
| Abridged model | 31/03/2023 | 04/09/2023 | 04/10/2023 | French | |
| Abridged model | 31/03/2022 | 05/09/2022 | 28/10/2022 | French | |
| Abridged model | 31/03/2021 | 06/09/2021 | 29/10/2021 | French | |
| Abridged model | 31/03/2020 | 07/09/2020 | 30/10/2020 | French | |
| Abridged model | 31/03/2019 | 02/09/2019 | 06/10/2019 | French | |
| Abridged model | 31/03/2018 | 03/09/2018 | 30/10/2018 | French | |
| Abridged model | 31/03/2017 | 04/09/2017 | 23/10/2017 | French | |
| Abridged model | 31/03/2016 | 05/09/2016 | 28/09/2016 | French | |
| Abridged model | 31/03/2015 | 07/09/2015 | 16/09/2015 | French | |
| Abridged model | 31/03/2014 | 05/09/2014 | 10/09/2014 | French | |
| Abridged model | 31/03/2013 | 06/09/2013 | 11/09/2013 | French | |
| Abridged model | 31/03/2012 | 07/09/2012 | 19/09/2012 | French | |
| Abridged model | 31/03/2011 | 02/09/2011 | 22/09/2011 | French | |
| Abridged model | 31/03/2010 | 03/09/2010 | 23/09/2010 | French | |
| Abridged model | 31/03/2009 | 04/09/2009 | 17/09/2009 | French | |
| Abridged model | 31/03/2008 | 30/09/2008 | 30/10/2008 | French | |
| Abridged model | 31/03/2007 | 30/09/2007 | 09/10/2007 | French |
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 31/03/2025 · 3 active · 15 ended
Active mandates
Christophe THOMAS
ActiveLouis Thomas
ActivePascal Thomas
ActiveEnded mandates
CHRISTOPHE THOMAS
EndedLOUIS THOMAS
EndedPASCAL THOMAS
EndedCHRISTOPHE THOMAS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring13/10/2022CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring18/02/2022RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates01/03/2021DEMISSIONS, NOMINATIONS
- Mandates15/10/2014DEMISSIONS, NOMINATIONS
- Mandates11/10/2012DEMISSIONS, NOMINATIONS
- Mandates17/10/2007DEMISSIONS, NOMINATIONS
- Mandates22/02/2007DEMISSIONS, NOMINATIONS
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 2025112,8 k €↑
- 2024Annual accounts 202454,7 k €↑
- 2023Annual accounts 202333 k €↓
- 2022Annual accounts 2022206,2 k €↑
- 2021Annual accounts 2021121,6 k €↓
- 2020Annual accounts 2020153,4 k €↓
- 2019Annual accounts 2019197,3 k €↓
- 2018Annual accounts 2018211,6 k €↑
- 2017Annual accounts 2017203,1 k €↑
- 2016Annual accounts 2016117,2 k €↓
- 2015Annual accounts 2015148,3 k €↑
- 2014Annual accounts 2014115,6 k €↓
- 2013Annual accounts 2013182,3 k €↑
- 2012Annual accounts 2012182,2 k €↓
- 2011Annual accounts 2011209,9 k €↑
- 2010Annual accounts 2010141,4 k €↓
- 2009Annual accounts 2009187,1 k €
- 24/11/1988IncorporationPublic limited company