ACTIVE

THOEN

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Financial year 2025 · closed on 31/12/2025
Net result
485 k €
+5.0% YoY
Gross margin
1,1 M €
+20.6% YoY
Equity
4,3 M €
+3.4% YoY
Workforce
6,6 ETP
+15.8% YoY

What does THOEN do?

THOEN is a Public limited company incorporated in 1989. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 6,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0439.284.987
Incorporation
27/12/1989
Legal form
Public limited company
Registered office
Mosselbank(VRA) 39
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
134 000,00 €
Latest accounts
31/12/2025
Average workforce
6,6 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212009200820072006
Income statement
Gross margin1,1 M €927,8 k €1,2 M €1,7 M €1,3 M €749 k €556,5 k €584,3 k €528,4 k €
EBITDA627,9 k €531,6 k €794,1 k €1,2 M €923,9 k €560 k €464,6 k €505,2 k €457,8 k €
Operating result569,4 k €485,3 k €659,5 k €1,1 M €715,8 k €262,9 k €224,1 k €363,3 k €410,5 k €
Net result485 k €462,1 k €598,9 k €854,1 k €531 k €241,3 k €193,6 k €330,8 k €336,5 k €
Balance sheet
Equity4,3 M €4,2 M €4,2 M €3,6 M €2,7 M €2,1 M €2 M €1,8 M €1,6 M €
Total assets4,7 M €4,8 M €4,9 M €5,3 M €4,7 M €3,5 M €3,3 M €3,2 M €3 M €
Cash261,7 k €437,5 k €286,9 k €247,5 k €180 k €354,9 k €646,7 k €1,1 M €1,6 M €
Debts303,3 k €633,4 k €743,2 k €1,7 M €2 M €1,4 M €1,4 M €1,3 M €1,4 M €
Other
Workforce6,6 ETP5,7 ETP5,7 ETP6,6 ETP7,1 ETP4,0 ETP2,3 ETP2,0 ETP1,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 24 ended

Active mandates

Ludwig THOEN

Bestuurder · since 12 mai 2020 · until 12 mai 2026

Active
Peggy THOEN

Gedelegeerd bestuurder · since 12 mai 2020 · until 12 mai 2026

Active
Reggy THOEN

Gedelegeerd bestuurder · since 12 mai 2020 · until 12 mai 2026

Active

Ended mandates

Ludwig THOEN

Director · since 12 mai 2020 · until 12 mai 2026

Ended
Peggy THOEN

Managing director · since 12 mai 2020 · until 12 mai 2026

Ended
Reggy THOEN

Managing director · since 12 mai 2020 · until 12 mai 2026

Ended
Ludwig THOEN

Managing director · since 05 juin 2015 · until 04 juin 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
THOEN BEHEER● Active
0439.703.572
T.W. BEHEER● Active
0435.533.760
Annual accounts

Full financial information

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 date28/04/202628/04/202501/07/202406/06/202330/06/202222/07/2021
General meeting23/04/202617/04/202507/06/202402/06/202303/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/04/202628/04/2026DutchPDF
Abridged model31/12/202417/04/202528/04/2025DutchPDF
Abridged model31/12/202307/06/202401/07/2024DutchPDF
Abridged model31/12/202202/06/202306/06/2023DutchPDF
Abridged model31/12/202103/06/202230/06/2022DutchPDF
Abridged model31/12/202025/06/202122/07/2021DutchPDF
Abridged model31/12/201930/06/202030/07/2020DutchPDF
Abridged model31/12/201828/06/201931/07/2019DutchPDF
Abridged model31/12/201730/06/201827/07/2018DutchPDF
Abridged model31/12/201630/06/201710/08/2017DutchPDF
Abridged model31/12/201530/06/201629/07/2016DutchPDF
Abridged model31/12/201431/07/201531/07/2015DutchPDF
Abridged model31/12/201331/07/201418/08/2014DutchPDF
Abridged model31/12/201230/07/201328/08/2013DutchPDF
Abridged model31/12/201130/08/201230/08/2012DutchPDF
Abridged model31/12/201031/07/201126/08/2011DutchPDF
Abridged model31/12/200930/06/201027/08/2010DutchPDF
Abridged model31/12/200830/06/200928/07/2009DutchPDF
Abridged model31/12/200730/06/200813/08/2008DutchPDF
Abridged model31/12/200630/06/200726/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 24 ended

Active mandates

Ludwig THOEN

Bestuurder · since 12 mai 2020 · until 12 mai 2026

Active
Peggy THOEN

Gedelegeerd bestuurder · since 12 mai 2020 · until 12 mai 2026

Active
Reggy THOEN

Gedelegeerd bestuurder · since 12 mai 2020 · until 12 mai 2026

Active

Ended mandates

Ludwig THOEN

Director · since 12 mai 2020 · until 12 mai 2026

Ended
Peggy THOEN

Managing director · since 12 mai 2020 · until 12 mai 2026

Ended
Reggy THOEN

Managing director · since 12 mai 2020 · until 12 mai 2026

Ended
Ludwig THOEN

Managing director · since 05 juin 2015 · until 04 juin 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/05/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/01/2014
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/12/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares04/01/2006
    BENAMING - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/11/2003
    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

Timeline

  1. 2025
    Annual accounts 2025485 k €↑
  2. 2024
    Annual accounts 2024462,1 k €↓
  3. 2023
    Annual accounts 2023598,9 k €↓
  4. 2022
    Annual accounts 2022854,1 k €↑
  5. 2021
    Annual accounts 2021531 k €↑
  6. 2009
    Annual accounts 2009241,3 k €↑
  7. 2008
    Annual accounts 2008193,6 k €↓
  8. 2007
    Annual accounts 2007330,8 k €↓
  9. 2006
    Annual accounts 2006336,5 k €
  10. 27/12/1989
    IncorporationPublic limited company