ACTIVE

THARA

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

4,9 k €

-60.8% YoY

Gross margin

413,6 k €

-12.5% YoY

Equity

72,4 k €

+7.3% YoY

Workforce

7,8 ETP

-6.0% YoY

What does THARA do?

THARA is a Public limited company incorporated in 1991. Its main activity is: Retail sale of textiles in specialised stores. Its registered office is in Alken. It employs on average 7,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.757.866

Incorporation

25/07/1991

Legal form

Public limited company

Registered office

Kolmenstraat 1
3570 Alken · FlandreSee on map

Contributed capital

176 129,51 €

Latest accounts

31/12/2025

Average workforce

7,8 ETP

Activities (NACE)

47512Retail sale of textiles in specialised stores· main 47512Retail sale of textiles in specialised stores 47715Retail sale of clothing in specialised stores 47715Retail sale of clothing in specialised stores 52410Warehousing and support activities for transportation 52426Warehousing and support activities for transportation+3

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	413,6 k €	-12.5%	472,4 k €	+13.8%	415 k €	+54.7%	268,2 k €	-44.0%	478,8 k €	-29.2%	676,6 k €	+17.4%	576,5 k €	+1.1%	570,1 k €	-2.0%	581,7 k €	-2.8%	598,5 k €	+9.8%	545,1 k €	+9.3%	499 k €	+2.7%	485,8 k €	+5.1%	462,3 k €	+22.6%	377,1 k €	+30.3%	289,3 k €	+59.8%	181 k €	-10.7%	202,7 k €	+8.3%	187,1 k €	+18.9%	157,5 k €
EBITDA	65,4 k €	-25.3%	87,7 k €	+72231%	121,2 €	+100%	-109,2 k €	-235%	80,6 k €	-70.8%	276 k €	+129%	120,7 k €	+8.0%	111,8 k €	-1.1%	113 k €	-5.8%	119,9 k €	+18.4%	101,3 k €	-17.4%	122,6 k €	-20.2%	153,6 k €	-9.5%	169,7 k €	+32.1%	128,4 k €	+52.0%	84,5 k €	+53.2%	55,1 k €	-18.1%	67,4 k €	+31.9%	51,1 k €	+45.3%	35,2 k €
Operating result	12,5 k €	+51.8%	8,2 k €	+110%	-79,3 k €	+58.3%	-190,4 k €	-15655%	1,2 k €	-99.4%	198,2 k €	+434%	37,1 k €	+25.5%	29,6 k €	+11.2%	26,6 k €	-22.6%	34,3 k €	+101%	17,1 k €	-73.1%	63,6 k €	-21.8%	81,4 k €	-19.0%	100,4 k €	+46.4%	68,6 k €	+17.6%	58,4 k €	+55.8%	37,5 k €	-33.8%	56,6 k €	+39.8%	40,5 k €	+322%	9,6 k €
Net result	4,9 k €	-60.8%	12,6 k €	+113%	-97,7 k €	+50.9%	-199,1 k €	-2414%	-7,9 k €	-105%	150,7 k €	+3647%	4 k €	+299%	-2 k €	+73.0%	-7,5 k €	-28.0%	-5,8 k €	+74.7%	-23 k €	-262%	14,2 k €	-49.1%	27,9 k €	-37.4%	44,6 k €	+22.3%	36,4 k €	-9.3%	40,2 k €	+33.7%	30 k €	-24.9%	40 k €	+34.6%	29,7 k €	+384%	6,1 k €
Balance sheet
Equity	72,4 k €	+7.3%	67,5 k €	+23.0%	54,9 k €	-64.0%	152,6 k €	-56.6%	351,7 k €	-2.2%	359,6 k €	+72.1%	209 k €	+2.0%	204,9 k €	-1.0%	207 k €	-3.5%	214,4 k €	-2.6%	220,3 k €	-9.5%	243,3 k €	+190%	83,9 k €	-65.1%	240,3 k €	+22.8%	195,7 k €	-1.8%	199,3 k €	+0.1%	199,1 k €	-18.4%	244,1 k €	+19.6%	204,1 k €	+17.0%	174,4 k €
Total assets	518,1 k €	-15.6%	614,2 k €	-12.5%	702,1 k €	-17.2%	847,8 k €	-21.8%	1,1 M €	-14.1%	1,3 M €	-5.0%	1,3 M €	-3.7%	1,4 M €	+0.8%	1,4 M €	-4.1%	1,4 M €	-12.1%	1,6 M €	+38.1%	1,2 M €	-5.4%	1,2 M €	-3.9%	1,3 M €	-4.9%	1,4 M €	+169%	506,5 k €	+47.3%	343,9 k €	+4.8%	328,1 k €	+20.1%	273,2 k €	-19.4%	338,9 k €
Cash	113,5 k €	+44.7%	78,4 k €	+1927%	3,9 k €	-35.5%	6 k €	-93.0%	85,3 k €	-70.5%	289,6 k €	+13327%	2,2 k €	-92.2%	27,8 k €	+215%	8,8 k €	+455%	1,6 k €	-96.1%	40,4 k €	+40.1%	28,8 k €	-68.2%	90,6 k €	+14.7%	79 k €	+9130%	856,3 €	-83.2%	5,1 k €	-95.0%	102,5 k €	-23.0%	133,1 k €	+242%	38,9 k €	-42.5%	67,7 k €
Debts	445,7 k €	-17.9%	542,6 k €	-15.8%	644,2 k €	-7.0%	692,8 k €	-5.3%	731,7 k €	-18.9%	902,6 k €	-19.4%	1,1 M €	-4.6%	1,2 M €	+1.1%	1,2 M €	-4.3%	1,2 M €	-13.6%	1,4 M €	+50.5%	932,8 k €	-19.5%	1,2 M €	+10.0%	1,1 M €	-9.6%	1,2 M €	+279%	307,2 k €	+120%	139,4 k €	+75.2%	79,5 k €	+15.0%	69,1 k €	-56.7%	159,5 k €
Other
Workforce	7,8 ETP	-6.0%	8,3 ETP	-22.4%	10,7 ETP	+10.3%	9,7 ETP	-4.9%	10,2 ETP	-16.4%	12,2 ETP	-4.7%	12,8 ETP	-7.2%	13,8 ETP	+0.7%	13,7 ETP	-6.2%	14,6 ETP	+13.2%	12,9 ETP	+31.6%	9,8 ETP	-2.0%	10,0 ETP	+6.4%	9,4 ETP	+17.5%	8,0 ETP	-7.0%	8,6 ETP	+105%	4,2 ETP	+5.0%	4,0 ETP	-14.9%	4,7 ETP	0.0%	4,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

G & D CONSULT

Director · since 26 avril 2016 · until 22 avril 2030 · 0449.434.652

Represented by Greta Janssens

Active

GRETA JANSSENS

Managing director · since 26 avril 2016 · until 22 avril 2030

Active

Ended mandates

DANNY DE PAUW

Managing director · since 26 avril 2016 · until 22 avril 2022

Ended

G & D CONSULT

Director · since 26 avril 2016 · until 22 avril 2022 · 0449.434.652

Represented by DANNY DE PAUW

Ended

G & D CONSULT

Director · since 26 avril 2016 · until 22 avril 2022 · 0449.434.652

Represented by DANNY DE PAUW

Ended

GRETA JANSSENS

Managing director · since 26 avril 2016 · until 22 avril 2022

Ended

At this address

Other companies at this address

Company	CBE no.
BELGIAN TRADES and SERVICES● Active	0456.666.595
EUROMERCERIE● Bankrupt	0431.846.176
G & D CONSULT● Active	0449.434.652

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	01/01/2025	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	31/07/2026	29/08/2025	20/09/2024	18/10/2023	13/10/2022	27/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	20/09/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	18/10/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	13/10/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	27/08/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	13/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	19/09/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	18/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	18/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	01/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	28/07/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	15/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	08/08/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

G & D CONSULT

Director · since 26 avril 2016 · until 22 avril 2030 · 0449.434.652

Represented by Greta Janssens

Active

GRETA JANSSENS

Managing director · since 26 avril 2016 · until 22 avril 2030

Active

Ended mandates

DANNY DE PAUW

Managing director · since 26 avril 2016 · until 22 avril 2022

Ended

G & D CONSULT

Director · since 26 avril 2016 · until 22 avril 2022 · 0449.434.652

Represented by DANNY DE PAUW

Ended

G & D CONSULT

Director · since 26 avril 2016 · until 22 avril 2022 · 0449.434.652

Represented by DANNY DE PAUW

Ended

GRETA JANSSENS

Managing director · since 26 avril 2016 · until 22 avril 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office05/06/2026
MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/02/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/05/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2004
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

2025
Annual accounts 20254,9 k €↓
2024
Annual accounts 202412,6 k €↑
2023
Annual accounts 2023-97,7 k €↑
2022
Annual accounts 2022-199,1 k €↓
2021
Annual accounts 2021-7,9 k €↓
2020
Annual accounts 2020150,7 k €↑
2019
Annual accounts 20194 k €↑
2018
Annual accounts 2018-2 k €↑
2017
Annual accounts 2017-7,5 k €↓
2016
Annual accounts 2016-5,8 k €↑
2015
Annual accounts 2015-23 k €↓
2014
Annual accounts 201414,2 k €↓
2013
Annual accounts 201327,9 k €↓
2012
Annual accounts 201244,6 k €↑
2011
Annual accounts 201136,4 k €↓
2010
Annual accounts 201040,2 k €↑
2009
Annual accounts 200930 k €↓
2008
Annual accounts 200840 k €↑
2007
Annual accounts 200729,7 k €↑
2006
Annual accounts 20066,1 k €
25/07/1991
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

THARA

Overview

What does THARA do?

Trend over 20 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