ACTIVE

Thomas

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Financial year 2025 · closed on 31/12/2025

Net result

21,4 k €

+24.9% YoY

Gross margin

65,9 k €

-11.1% YoY

Equity

-19,8 k €

+51.9% YoY

What does Thomas do?

Thomas is a Private limited company incorporated in 1992. Its main activity is: Joinery installation. Its registered office is in Erpe-Mere.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.407.739

Incorporation

13/10/1992

Legal form

Private limited company

Registered office

Kapelhofstraat 22
9420 Erpe-Mere · FlandreSee on map

Contributed capital

168 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories 55100Hotels and similar accommodation 55100Hotels and similar accommodation

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	65,9 k €	-11.1%	74,2 k €	-8.1%	80,7 k €	+16.7%	69,1 k €	+144%	28,4 k €	-71.1%	98,1 k €	+88.9%	51,9 k €	+6684%	-789,1 €	-345%	322,0 €	-94.0%	5,4 k €	-71.8%	19,0 k €	-55.4%	42,6 k €	+83.1%	23,3 k €
EBITDA	60,8 k €	-9.5%	67,2 k €	-12.3%	76,7 k €	+15.3%	66,5 k €	+162%	25,4 k €	-69.8%	84,1 k €	+78.0%	47,2 k €	+2103%	-2,4 k €	-147%	-955,9 €	-122%	4,3 k €	-74.4%	16,7 k €	-59.2%	40,8 k €	+96.7%	20,8 k €
Operating result	30,1 k €	+30.2%	23,1 k €	-30.1%	33,1 k €	+47.2%	22,5 k €	+222%	-18,4 k €	-148%	38,3 k €	+1407%	2,5 k €	+105%	-51,4 k €	-32.4%	-38,9 k €	-114%	-18,2 k €	-7849%	-229,0 €	-101%	27,0 k €	+1097%	-2,7 k €
Net result	21,4 k €	+24.9%	17,1 k €	-38.3%	27,7 k €	+56.0%	17,8 k €	+178%	-22,7 k €	-177%	29,6 k €	+507%	-7,3 k €	+88.0%	-60,5 k €	-30.4%	-46,4 k €	-143%	-19,1 k €	-1623%	-1,1 k €	-104%	27,0 k €	+649%	-4,9 k €
Balance sheet
Equity	-19,8 k €	+51.9%	-41,2 k €	+29.4%	-58,3 k €	+32.3%	-86,0 k €	+17.1%	-103,8 k €	-446%	30,0 k €	+6748%	438,5 €	-94.3%	7,7 k €	-88.7%	68,2 k €	-40.5%	114,6 k €	-5.5%	121,3 k €	-0.9%	122,4 k €	+28.4%	95,4 k €
Total assets	206,0 k €	+3.0%	200,0 k €	-17.6%	242,7 k €	+10.5%	219,7 k €	-8.3%	239,5 k €	-45.0%	435,3 k €	-2.2%	445,0 k €	-10.1%	494,8 k €	+21.9%	405,9 k €	+25.0%	324,8 k €	+122%	146,2 k €	-8.2%	159,3 k €	+20.2%	132,6 k €
Cash	47,7 k €	+96.4%	24,3 k €	+181%	8,6 k €	-45.3%	15,8 k €	+703%	2,0 k €	-72.7%	7,2 k €	+40.8%	5,1 k €	+1788%	270,2 €	-69.3%	878,8 €	-99.1%	101,3 k €	+267%	27,6 k €	+1186%	2,1 k €	-53.7%	4,6 k €
Debts	225,0 k €	-3.8%	233,9 k €	-22.3%	301,0 k €	-1.5%	305,7 k €	-11.0%	343,4 k €	-15.2%	404,7 k €	-8.9%	444,2 k €	-8.4%	484,9 k €	+45.5%	333,4 k €	+62.8%	204,8 k €	+821%	22,2 k €	-37.7%	35,7 k €	-0.6%	35,9 k €
Other
Workforce	–		–		–		–		–		0,3 ETP	+200%	0,1 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 · 1 active · 3 ended

Active mandates

Maarten Thomas

Director · since 01 janvier 2025

Active

Ended mandates

Bert Thomas

Director · until 01 janvier 2025

Ended

Bert Thomas

Director

Ended

Bert Thomas

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	17/09/2026	22/09/2025	30/08/2024	12/04/2024	28/07/2022	30/07/2021
General meeting	11/09/2026	16/09/2025	06/08/2024	13/03/2024	24/06/2022	11/06/2021
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

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	11/09/2026	17/09/2026	Dutch	PDF
Micro model	31/12/2024	16/09/2025	22/09/2025	Dutch	PDF
Micro model	31/12/2023	06/08/2024	30/08/2024	Dutch	PDF
Micro modelCorrection	31/12/2022	13/03/2024	12/04/2024	Dutch	PDF
Micro modelCorrection	31/12/2022	29/01/2024	05/02/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	28/07/2022	Dutch	PDF
Micro model	31/12/2020	11/06/2021	30/07/2021	Dutch	PDF
Micro model	31/12/2019	12/06/2020	24/07/2020	Dutch	PDF
Micro model	31/12/2018	14/06/2019	16/07/2019	Dutch	PDF
Micro model	31/12/2017	08/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	17/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	25/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	25/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	06/08/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	16/06/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	22/06/2007	19/07/2007	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 · 1 active · 3 ended

Active mandates

Maarten Thomas

Director · since 01 janvier 2025

Active

Ended mandates

Bert Thomas

Director · until 01 janvier 2025

Ended

Bert Thomas

Director

Ended

Bert Thomas

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other17/01/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares31/12/2009
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202521,4 k €↑
2024
Annual accounts 202417,1 k €↓
2023
Annual accounts 202327,7 k €↑
2022
Annual accounts 202217,8 k €↑
2021
Annual accounts 2021-22,7 k €↓
2013
Annual accounts 201329,6 k €↑
2012
Annual accounts 2012-7,3 k €↑
2011
Annual accounts 2011-60,5 k €↓
2010
Annual accounts 2010-46,4 k €↓
2009
Annual accounts 2009-19,1 k €↓
2008
Annual accounts 2008-1,1 k €↓
2007
Annual accounts 200727,0 k €↑
2006
Annual accounts 2006-4,9 k €
13/10/1992
IncorporationPrivate 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

Thomas

Overview

What does Thomas do?

Trend over 13 financial years

Indicative valuation

Board of directors

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