ACTIVE

THIBER

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Financial year 2024 · closed on 31/12/2024

Net result

34,9 k €

-42.6% YoY

Gross margin

264,8 k €

+1.9% YoY

Equity

389,5 k €

+9.8% YoY

Workforce

11,0 ETP

What does THIBER do?

THIBER is a Public limited company incorporated in 1990. Its main activity is: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores. Its registered office is in Oostende. It employs on average 11,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.135.223

Incorporation

12/02/1990

Legal form

Public limited company

Registered office

Marie-Joséplein 4 box 9
8400 Oostende · FlandreSee on map

Contributed capital

218 200,00 €

Latest accounts

31/12/2024

Average workforce

11,0 ETP

Activities (NACE)

47242Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores· main 47242Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores 52240Cargo handling 63301Information service activities 79110Travel agency activities 79110Travel agency activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	264,8 k €	+1.9%	260 k €	+94.4%	133,8 k €	+41.0%	94,9 k €	+456%	17,1 k €	-77.6%	76,2 k €	-87.1%	592,7 k €	+54.3%	384,2 k €	+1.6%	378 k €	+13.6%	332,6 k €	-18.3%	407 k €	+7.9%	377,2 k €	-23.1%	490,7 k €	-13.9%	570 k €	-4.2%	595 k €	+1.1%	588,8 k €	-1.2%	596,1 k €	-4.4%	623,5 k €	+2.8%	606,7 k €
EBITDA	75 k €	-27.4%	103,3 k €	+382%	21,4 k €	-32.1%	31,6 k €	+144%	-71,5 k €	+4.1%	-74,6 k €	-120%	371,7 k €	+1612%	21,7 k €	-71.7%	76,8 k €	+2447%	3 k €	-93.6%	47 k €	+722%	-7,6 k €	-116%	47,7 k €	-50.3%	95,8 k €	-18.7%	117,9 k €	-22.4%	152 k €	-2.6%	156,1 k €	-11.5%	176,4 k €	-15.7%	209,2 k €
Operating result	68,2 k €	-29.7%	97 k €	+530%	15,4 k €	-33.9%	23,3 k €	+129%	-80,1 k €	+4.8%	-84,1 k €	-123%	367,6 k €	+5754%	-6,5 k €	-117%	38,6 k €	+206%	-36,3 k €	-521%	8,6 k €	+119%	-45,8 k €	-2571%	1,9 k €	-90.4%	19,2 k €	-52.1%	40,2 k €	-59.2%	98,4 k €	-0.9%	99,3 k €	-18.9%	122,4 k €	+20.9%	101,2 k €
Net result	34,9 k €	-42.6%	60,8 k €	+5541%	1,1 k €	-92.9%	15,2 k €	+118%	-82,4 k €	+7.2%	-88,8 k €	-125%	350,3 k €	+1415%	-26,6 k €	-356%	10,4 k €	+115%	-70 k €	-55.5%	-45 k €	+60.2%	-113,1 k €	-14.7%	-98,6 k €	-240%	-29 k €	-216%	25 k €	-70.8%	85,6 k €	+4637%	-1,9 k €	+92.8%	-26,1 k €	-198%	26,7 k €
Balance sheet
Equity	389,5 k €	+9.8%	354,6 k €	+20.7%	293,9 k €	-0.2%	294,4 k €	+5.5%	279,2 k €	-22.8%	361,6 k €	-19.7%	450,3 k €	+350%	100 k €	-21.0%	126,7 k €	+9.0%	116,3 k €	-37.6%	186,3 k €	-19.5%	231,3 k €	-32.8%	344,3 k €	-22.3%	443 k €	-6.2%	472 k €	+3.9%	454,1 k €	+23.2%	368,5 k €	-0.5%	370,4 k €	-6.6%	396,5 k €
Total assets	671,2 k €	+5.9%	633,9 k €	+25.6%	504,7 k €	-5.5%	534,2 k €	-10.0%	593,4 k €	+3.5%	573,2 k €	-11.0%	643,7 k €	-17.4%	779,6 k €	-0.3%	782,3 k €	+8.8%	719,3 k €	-16.4%	860,8 k €	-14.8%	1 M €	-12.4%	1,2 M €	-16.7%	1,4 M €	-5.2%	1,5 M €	+8.6%	1,3 M €	-10.7%	1,5 M €	-13.3%	1,7 M €	+5.0%	1,7 M €
Cash	31,8 k €	-54.7%	70,1 k €	-11.1%	78,9 k €	+68.0%	47 k €	+142%	19,4 k €	-64.3%	54,4 k €	-31.9%	79,9 k €	-42.2%	138,3 k €	-9.1%	152,1 k €	+94.0%	78,4 k €	-22.7%	101,4 k €	-42.7%	176,9 k €	-1.3%	179,3 k €	+30.1%	137,8 k €	-11.2%	155,1 k €	-17.4%	187,8 k €	-20.5%	236,1 k €	-40.6%	397,7 k €	+11.7%	356,2 k €
Debts	281,7 k €	+0.9%	279,2 k €	+32.5%	210,8 k €	-12.1%	239,9 k €	-23.7%	314,3 k €	+61.3%	194,8 k €	+7.4%	181,4 k €	-73.3%	679,5 k €	+12.5%	604,1 k €	+0.4%	602 k €	-10.8%	674,5 k €	-13.5%	779,7 k €	-3.7%	809,9 k €	-12.2%	922,8 k €	-4.4%	965,8 k €	+10.7%	872,5 k €	-23.2%	1,1 M €	-16.8%	1,4 M €	+8.7%	1,3 M €
Other
Workforce	11,0 ETP		–		–		–		–		10,4 ETP	-4.6%	10,9 ETP	-11.4%	12,3 ETP	-0.8%	12,4 ETP	+25.3%	9,9 ETP	-13.2%	11,4 ETP	-23.0%	14,8 ETP	-5.1%	15,6 ETP	-31.6%	22,8 ETP	-5.0%	24,0 ETP	+12.1%	21,4 ETP	+13.8%	18,8 ETP	-16.1%	22,4 ETP	-4.3%	23,4 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 31/12/2024 · 2 active · 12 ended

Active mandates

Christa De Jaegher

Director · since 22 juin 1995

Active

Thibault D'hoest

Managing director · since 17 mars 1992

Active

Ended mandates

Christa De Jaegher

Director · since 15 juin 2019 · until 21 juin 2025

Ended

Thibault D'hoest

Managing director · since 15 juin 2019 · until 21 juin 2025

Ended

Christa De Jaegher

Director · since 15 juin 2013 · until 15 juin 2019

Ended

Thibault D'Hoest

Managing director · since 15 juin 2013 · until 15 juin 2019

Ended

At this address

Other companies at this address

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ALLARY-JACOBS● Active	0415.206.223
Babylou P.V.B.A.● Active	0408.390.091
Constructions Scozzafava● Liquidation	0405.288.962
MAD'ELLE● Active	0809.435.207
Vereniging van mede-eigenaars Residentie Albange, 8400 Oostende, Marie-Joséplein 4● Active	0754.394.635

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/11/2025	21/11/2024	30/11/2023	28/02/2023	14/01/2022	30/10/2020
General meeting	30/06/2025	30/06/2024	30/06/2023	18/06/2022	19/06/2021	08/09/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/06/2025	14/11/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	21/11/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	30/11/2023	Dutch	PDF
Micro model	31/12/2021	18/06/2022	28/02/2023	Dutch	PDF
Micro model	31/12/2020	19/06/2021	14/01/2022	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	12/11/2019	Dutch	PDF
Abridged model	31/12/2017	16/06/2018	19/10/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	15/12/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	17/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	15/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	07/07/2007	24/08/2007	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 31/12/2024 · 2 active · 12 ended

Active mandates

Christa De Jaegher

Director · since 22 juin 1995

Active

Thibault D'hoest

Managing director · since 17 mars 1992

Active

Ended mandates

Christa De Jaegher

Director · since 15 juin 2019 · until 21 juin 2025

Ended

Thibault D'hoest

Managing director · since 15 juin 2019 · until 21 juin 2025

Ended

Christa De Jaegher

Director · since 15 juin 2013 · until 15 juin 2019

Ended

Thibault D'Hoest

Managing director · since 15 juin 2013 · until 15 juin 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office01/06/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/08/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/09/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2007
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/11/2007
MAATSCHAPPELIJKE ZETEL
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

2024
Annual accounts 202434,9 k €↓
2023
Annual accounts 202360,8 k €↑
2022
Annual accounts 20221,1 k €↓
2021
Annual accounts 202115,2 k €↑
2020
Annual accounts 2020-82,4 k €↑
2019
Annual accounts 2019-88,8 k €↓
2018
Annual accounts 2018350,3 k €↑
2017
Annual accounts 2017-26,6 k €↓
2016
Annual accounts 201610,4 k €↑
2015
Annual accounts 2015-70 k €↓
2014
Annual accounts 2014-45 k €↑
2013
Annual accounts 2013-113,1 k €↓
2012
Annual accounts 2012-98,6 k €↓
2011
Annual accounts 2011-29 k €↓
2010
Annual accounts 201025 k €↓
2009
Annual accounts 200985,6 k €↑
2008
Annual accounts 2008-1,9 k €↑
2007
Annual accounts 2007-26,1 k €↓
2006
Annual accounts 200626,7 k €
12/02/1990
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

THIBER

Overview

What does THIBER do?

Trend over 19 financial years

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