ACTIVE

THEORIA

Financial year 2025 · Closed on 31/12/2025

Net result
-160,6 k €
-44,7 %over 1 year
Gross margin
30,3 k €
-46,9 %over 1 year
Equity
111 k €
-59,1 %over 1 year
Workforce
2,0 ETP
-13,0 %over 1 year

Identity

Source · BCE/KBO

THEORIA is a Public limited company incorporated in 1989. Its registered office is in Kortrijk. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0439.708.819
Incorporation
27/12/1989
Legal form
Public limited company
Registered office
Casinoplein(Kor) 10
8500 Kortrijk · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (2)
  • 201
  • 20100
Signals
Good liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin30,3 k €57 k €106 k €96,1 k €114,1 k €
EBITDA-122,8 k €-60,6 k €52,9 k €57,6 k €71,3 k €
Operating result-141,5 k €-78,5 k €35,2 k €37 k €40,6 k €
Net result-160,6 k €-111 k €8,6 k €14,3 k €18 k €
Balance sheet
Equity111 k €271,7 k €382,7 k €374,2 k €359,8 k €
Total assets945,6 k €989,7 k €988,4 k €1 M €978,6 k €
Cash332,4 k €315,8 k €134,1 k €105,6 k €163,2 k €
Debts833,1 k €707,2 k €600,1 k €651,1 k €617 k €
Other
Workforce2,0 ETP2,3 ETP1,1 ETP0,8 ETP0,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 29 ended

Active mandates

Valérie Van Hove

Director · since 31 mars 2026 · until 30 mars 2032

Active
Amusing ourselves

Director · since 01 avril 2024 · until 12 juin 2030 · 0890.896.203

Represented by Thom Pelckmans

Active

Ended mandates

1001 Boeken

Director · since 01 avril 2024 · 0887.938.097

Represented by Pascal VANDENHENDE

Ended
1001 Boeken

Director · since 01 avril 2024 · 0887.938.097

Represented by Pascal VANDENHENDE

Ended
Amusing ourselves

Director · since 01 avril 2024 · 0890.896.203

Represented by Thom PELCKMANS

Ended
Amusing ourselves

Director · since 01 avril 2024 · 0890.896.203

Represented by Thom PELCKMANS

Ended

Other companies at this address

Casinoplein(Kor) 10 8500 Kortrijk
CompanyCBE no.
1001 Boeken● Active
0887.938.097
CASINOPLEIN● Active
0696.631.432
Casinoplein 10● Active
0661.668.177
0538.914.479
0410.815.586
0408.644.766

Full financial information

Source · NBB
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 date27/07/202629/09/202512/03/202509/10/202314/11/202208/03/2022
General meeting30/06/202604/05/202505/05/202409/10/202317/10/202229/01/2022
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202627/07/2026DutchPDF
Abridged model31/12/202404/05/202529/09/2025DutchPDF
Abridged model31/12/202305/05/202412/03/2025DutchPDF
Abridged model31/12/202209/10/202309/10/2023DutchPDF
Abridged model31/12/202117/10/202214/11/2022DutchPDF
Abridged model31/12/202029/01/202208/03/2022DutchPDF
Abridged model31/12/201928/11/202030/11/2020DutchPDF
Abridged model31/12/201820/02/202020/02/2020DutchPDF
Abridged model31/12/201728/02/201901/03/2019DutchPDF
Abridged model31/12/201603/10/201717/10/2017DutchPDF
Abridged model31/12/201520/07/201627/07/2016DutchPDF
Abridged model31/12/201430/11/201501/12/2015DutchPDF
Abridged model31/12/201323/01/201528/01/2015DutchPDF
Abridged model31/12/201229/06/201327/09/2013DutchPDF
Abridged model31/12/201130/06/201224/10/2012DutchPDF
Abridged model31/12/201008/06/201106/07/2011DutchPDF
Abridged model31/12/200930/06/201023/07/2010DutchPDF
Abridged model31/12/200810/06/200921/08/2009DutchPDF
Abridged model31/12/200711/06/200829/08/2008DutchPDF
Abridged model31/12/200613/06/200729/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

2 active · 29 ended

Active mandates

Valérie Van Hove

Director · since 31 mars 2026 · until 30 mars 2032

Active
Amusing ourselves

Director · since 01 avril 2024 · until 12 juin 2030 · 0890.896.203

Represented by Thom Pelckmans

Active

Ended mandates

1001 Boeken

Director · since 01 avril 2024 · 0887.938.097

Represented by Pascal VANDENHENDE

Ended
1001 Boeken

Director · since 01 avril 2024 · 0887.938.097

Represented by Pascal VANDENHENDE

Ended
Amusing ourselves

Director · since 01 avril 2024 · 0890.896.203

Represented by Thom PELCKMANS

Ended
Amusing ourselves

Director · since 01 avril 2024 · 0890.896.203

Represented by Thom PELCKMANS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring31/08/2026
    GEZAMENLIJK VOORSTEL TOT EEN MET FUSIE DOOR OVERNEMING
    PDF
  • Mandates10/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/05/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/03/2008
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025-160,6 k €↓
  2. 2024
    Annual accounts 2024-111 k €↓
  3. 2023
    Annual accounts 20238,6 k €↓
  4. 2022
    Annual accounts 202214,3 k €↓
  5. 2021
    Annual accounts 202118 k €↓
  6. 2020
    Annual accounts 202018,8 k €↓
  7. 2019
    Annual accounts 201920,9 k €↑
  8. 2018
    Annual accounts 201813,6 k €↑
  9. 2017
    Annual accounts 20173,2 k €↓
  10. 2016
    Annual accounts 20167,8 k €↑
  11. 2015
    Annual accounts 20155,6 k €↓
  12. 2014
    Annual accounts 201433,8 k €↑
  13. 2013
    Annual accounts 201323,2 k €↓
  14. 2012
    Annual accounts 201223,8 k €↓
  15. 2011
    Annual accounts 201156,2 k €↑
  16. 2010
    Annual accounts 2010-6,2 k €↓
  17. 2009
    Annual accounts 2009-4,4 k €↓
  18. 2008
    Annual accounts 20086,1 k €↓
  19. 2007
    Annual accounts 200716 k €↑
  20. 2006
    Annual accounts 20064,9 k €
  21. 27/12/1989
    IncorporationPublic limited company