ACTIVE

THOR

Financial year 2025 · closed on 31/12/2025
Net result
14,2 k €
+165.2% YoY
Gross margin
225,4 k €
-41.1% YoY
Equity
52,8 k €
+24376.5% YoY

What does THOR do?

THOR is a Non-profit organization incorporated in 1988. Its main activity is: Performing arts. Its registered office is in Saint-Josse-ten-Noode.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.371.117
Incorporation
10/06/1988
Legal form
Non-profit organization
Registered office
Rue Saint-Josse 49
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025201020092008
Income statement
Gross margin225,4 k €382,4 k €359,3 k €361,9 k €
EBITDA18,9 k €-17,7 k €6,8 k €8,2 k €
Operating result13 k €-20,8 k €1 k €3,7 k €
Net result14,2 k €-21,8 k €2,9 k €5,3 k €
Balance sheet
Equity52,8 k €215,6 €22 k €19,1 k €
Total assets114,3 k €50,8 k €90,9 k €106 k €
Cash60,1 k €6,2 k €44 k €59,8 k €
Debts61,6 k €47,2 k €32,3 k €47,4 k €
Other
Workforce9,1 ETP7,9 ETP7,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 6 ended

Active mandates

Anne Bouttiaux

Mandate

Active
Anne Pontegnie

Mandate

Active
Antoine Vanmaldergem

Mandate

Active
Brahim Sahli

Mandate

Active
Elena Frau

Mandate

Active
France Morin

Mandate

Active
Jean Van Aelbrouck

Mandate

Active
Michel Vinti

Mandate

Active
Régis Remigy

Mandate

Active
Thierry Smits

Mandate

Active

Ended mandates

Jean-Pierre BRAINE

Director · since 28 avril 2008

Ended
André NAYER

Director

Ended
Anne-Marie BOUTTIAUX

Director

Ended
Antoine VANMALDERGEM

Chairman of the board of directors

Ended
At this address

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0458.024.694
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0449.042.494
DAROURI EXPRESSActive
0537.640.712
0432.401.353
Radio PanikActive
0429.735.734
SourisActive
0460.300.731
Annual accounts

Full financial information

202520102009200820072006
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/201001/01/200901/01/200801/01/200701/01/2006
Closing of the financial year31/12/202531/12/201031/12/200931/12/200831/12/200731/12/2006
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/09/202619/08/201123/08/201024/06/200927/06/200821/08/2007
General meeting08/09/202624/05/201124/02/201021/04/200928/04/200806/03/2007
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202508/09/202608/09/2026FrenchPDF
Abridged model31/12/201024/05/201119/08/2011FrenchPDF
Abridged model31/12/200924/02/201023/08/2010FrenchPDF
Abridged model31/12/200821/04/200924/06/2009FrenchPDF
Abridged model31/12/200728/04/200827/06/2008FrenchPDF
Abridged model31/12/200606/03/200721/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 10 active · 6 ended

Active mandates

Anne Bouttiaux

Mandate

Active
Anne Pontegnie

Mandate

Active
Antoine Vanmaldergem

Mandate

Active
Brahim Sahli

Mandate

Active
Elena Frau

Mandate

Active
France Morin

Mandate

Active
Jean Van Aelbrouck

Mandate

Active
Michel Vinti

Mandate

Active
Régis Remigy

Mandate

Active
Thierry Smits

Mandate

Active

Ended mandates

Jean-Pierre BRAINE

Director · since 28 avril 2008

Ended
André NAYER

Director

Ended
Anne-Marie BOUTTIAUX

Director

Ended
Antoine VANMALDERGEM

Chairman of the board of directors

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other09/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates29/08/2023
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates01/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/02/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/09/2019
    DEMISSIONS, NOMINATIONS
    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 202514,2 k €
  2. 2010
    Annual accounts 2010-21,8 k €
  3. 2009
    Annual accounts 20092,9 k €
  4. 2008
    Annual accounts 20085,3 k €
  5. 10/06/1988
    IncorporationNon-profit organization