ACTIVE

THEISSEN TRAINING SYSTEMS INTERNATIONAL

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Financial year 2025 · Closed on 31/12/2025

Net result1,7 M €+200,7 %over 1 year

Revenue26,3 M €+1,7 %over 1 year

Equity12,7 M €+15,4 %over 1 year

Workforce39,0 ETP-2,5 %over 1 year

Identity

Source · BCE/KBO

THEISSEN TRAINING SYSTEMS INTERNATIONAL is a Public limited company incorporated in 1989. Its registered office is in Oudsbergen. It employs on average 39,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0439.635.573
Incorporation: 28/12/1989
Legal form: Public limited company
Registered office: Industrieweg-Noord 1150
3660 Oudsbergen · FlandreSee on map
Contributed capital: 2 000 000,00 €
Latest accounts: 31/12/2025
Average workforce: 39,0 ETP

Joint committees (4)

111
1110
209
2090

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	26,3 M €	+1.7%	25,9 M €	+144%	10,6 M €	-40.5%	17,8 M €	+63.9%	10,9 M €
EBITDA	4,1 M €	+172%	1,5 M €	+22.7%	1,2 M €	-44.8%	2,2 M €	+74.8%	1,3 M €
Operating result	2,8 M €	+119%	1,3 M €	+35.0%	954,3 k €	-50.8%	1,9 M €	+96.8%	985,8 k €
Net result	1,7 M €	+201%	562,7 k €	+204%	185,3 k €	-85.2%	1,3 M €	+117%	577,9 k €
Balance sheet
Equity	12,7 M €	+15.4%	11 M €	+5.4%	10,4 M €	+1.8%	10,2 M €	+14.0%	9 M €
Total assets	23,9 M €	-5.8%	25,4 M €	+10.2%	23,1 M €	-4.1%	24 M €	+11.8%	21,5 M €
Cash	44,6 k €	-99.5%	9,9 M €	+3335%	287,6 k €	+94.5%	147,8 k €	-87.0%	1,1 M €
Debts	11,2 M €	-20.2%	14,1 M €	+11.4%	12,6 M €	-8.5%	13,8 M €	+10.3%	12,5 M €
Other
Workforce	39,0 ETP	-2.5%	40,0 ETP	-6.5%	42,8 ETP	+2.1%	41,9 ETP	-7.3%	45,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 28 ended

Active mandates

GeLeTronix GmbH

Director · since 01 mars 2025

Represented by Gerhard Lechner

Active

Ended mandates

GeLeTronix

Director · since 01 mars 2025

Represented by Gerhard LECHNER

Ended

Gerhard Lechner

Director · since 16 juin 2023 · until 15 juin 2029

Ended

Peter Paul Theissen

Director · since 16 juin 2023 · until 15 juin 2029

Ended

Frank Heemels

Managing director · since 01 avril 2020 · until 20 juin 2025

Ended

Other companies at this address

Industrieweg-Noord 1150 3660 Oudsbergen

Company	CBE no.
PAULUS IMMO● Active	0826.446.730

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	16/07/2026	11/07/2025	02/08/2024	20/06/2023	07/07/2022	05/07/2021
General meeting	19/06/2026	20/06/2025	19/07/2024	16/06/2023	30/06/2022	18/06/2021
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	16/07/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	11/07/2025	Dutch	PDF
Full model	31/12/2023	19/07/2024	02/08/2024	Dutch	PDF
Full model	31/12/2022	16/06/2023	20/06/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	07/07/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	05/07/2021	Dutch	PDF
Full model	31/12/2019	01/07/2020	31/07/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	30/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	27/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	05/07/2016	Dutch	PDF
Full model	31/12/2014	08/07/2015	10/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	30/07/2014	Dutch	PDF
Full model	30/06/2012	30/12/2012	29/01/2013	Dutch	PDF
Full model	30/06/2011	30/12/2011	30/01/2012	Dutch	PDF
Full model	30/06/2010	17/12/2010	23/12/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	16/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	22/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	24/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

1 active · 28 ended

Active mandates

GeLeTronix GmbH

Director · since 01 mars 2025

Represented by Gerhard Lechner

Active

Ended mandates

GeLeTronix

Director · since 01 mars 2025

Represented by Gerhard LECHNER

Ended

Gerhard Lechner

Director · since 16 juin 2023 · until 15 juin 2029

Ended

Peter Paul Theissen

Director · since 16 juin 2023 · until 15 juin 2029

Ended

Frank Heemels

Managing director · since 01 avril 2020 · until 20 juin 2025

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates02/06/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/12/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/06/2017
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 20251,7 M €↑
2024
Annual accounts 2024562,7 k €↑
2023
Annual accounts 2023185,3 k €↓
2022
Annual accounts 20221,3 M €↑
2021
Annual accounts 2021577,9 k €↑
2018
Annual accounts 2018184 k €↑
2017
Annual accounts 2017-267,2 k €↑
2016
Annual accounts 2016-1,2 M €↓
2015
Annual accounts 2015553 k €↑
2014
Annual accounts 2014115,6 k €↑
2013
Annual accounts 2013-2,7 M €↓
2012
Annual accounts 2012481,3 k €↓
2011
Annual accounts 20111,4 M €↓
2010
Annual accounts 20104,4 M €↑
2008
Annual accounts 20083,4 M €↑
2008
Name changeTHEISSEN TRAINING SYSTEMS INTERNATIONAL
2007
Annual accounts 20071,1 M €↑
2006
Annual accounts 2006161,1 k €
2006
Name changeGEBROEDERS DE RIJK BELGIE
28/12/1989
IncorporationPublic limited company

THEISSEN TRAINING SYSTEMS INTERNATIONAL

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