ACTIVE

THECO

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Financial year 2025 · Closed on 31/12/2025

Net result58 k €+192,0 %over 1 year
Gross margin141 k €+57,9 %over 1 year
Equity887,2 k €+7,0 %over 1 year

Identity

Source · BCE/KBO

THECO is a Private limited company incorporated in 1992. Its main activity is: Sale, maintenance and repair of motorcycles and related parts and accessories. Its registered office is in Alken.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.950.048
Incorporation
17/12/1992
Legal form
Private limited company
Registered office
Grootstraat 195
3570 Alken · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 33 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin141 k €89,3 k €160,2 k €79,4 k €88,1 k €
EBITDA137,8 k €84,7 k €157,1 k €54,6 k €78,3 k €
Operating result93,8 k €41,1 k €120,6 k €22,5 k €46,3 k €
Net result58 k €19,9 k €87,4 k €19,8 k €50,5 k €
Balance sheet
Equity887,2 k €829,2 k €809,3 k €721,9 k €702,1 k €
Total assets1,2 M €1,8 M €1,7 M €1,4 M €1,4 M €
Cash426,3 k €838,7 k €707,8 k €590,3 k €876,8 k €
Debts328,8 k €934,8 k €916,7 k €678,2 k €650 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Kenny Neven
Directorsince 15/02/2013Administrator - manager15/02/2013 → 2018 accountsendedManager15/02/2013 → 2013 accountsended
Rita Jozefine Smeers
Directorsince 14/06/1998

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Rita Smeers
Director14/06/1998 → 2021 accountsAdministrator - manager14/06/1998 → 2018 accountsManager04/06/1998 → 2017 accounts

Other companies at this address

Grootstraat 195 3570 Alken
CompanyCBE no.
DE MELLAERDE● Active
0451.211.534

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 date15/06/202602/07/202503/06/202428/06/202327/06/202203/07/2021
General meeting05/06/202606/06/202503/05/202402/06/202303/06/202204/06/2021
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, 33 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202615/06/2026DutchPDF
Abridged model31/12/202406/06/202502/07/2025DutchPDF
Abridged model31/12/202303/05/202403/06/2024DutchPDF
Abridged model31/12/202202/06/202328/06/2023DutchPDF
Abridged model31/12/202103/06/202227/06/2022DutchPDF
Abridged model31/12/202004/06/202103/07/2021DutchPDF
Abridged model31/12/201905/06/202015/07/2020DutchPDF
Abridged model31/12/201807/06/201913/07/2019DutchPDF
Abridged model31/12/201701/06/201828/06/2018DutchPDF
Abridged model31/12/201602/06/201727/06/2017DutchPDF
Abridged model31/12/201503/06/201629/06/2016DutchPDF
Abridged model31/12/201405/06/201524/06/2015DutchPDF
Abridged model31/12/201306/06/201423/06/2014DutchPDF
Abridged model31/12/201207/06/201324/06/2013DutchPDF
Abridged model31/12/201101/06/201229/06/2012DutchPDF
Abridged model31/12/201003/06/201108/07/2011DutchPDF
Abridged model31/12/200904/06/201029/06/2010DutchPDF
Abridged model31/12/200805/06/200926/06/2009DutchPDF
Abridged model31/12/200706/06/200820/06/2008DutchPDF
Abridged model31/12/200601/06/200706/07/2007DutchPDF
Abridged model31/12/200502/06/200604/07/2006DutchPDF
Abridged model31/12/200403/06/200530/06/2005DutchPDF
Abridged model31/12/200304/06/200430/06/2004DutchPDF
Abridged model31/12/200206/06/200304/07/2003DutchPDF

View all 33 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Kenny Neven
Directorsince 15/02/2013Administrator - manager15/02/2013 → 2018 accountsendedManager15/02/2013 → 2013 accountsended
Rita Jozefine Smeers
Directorsince 14/06/1998

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Rita Smeers
Director14/06/1998 → 2021 accountsAdministrator - manager14/06/1998 → 2018 accountsManager04/06/1998 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/02/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/03/2013
    Statutenwijziging :
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Kenny Neven
Rita Jozefine Smeers
Rita Smeers
19921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
THECO
Grootstraat 195, 3570 Alken
DirectorAdministrator - manager
Director
DirectorAdministrator - managerManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Grootstraat 195, 3570 AlkenCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00160846

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
THECOCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00160846

Events

  1. 2025
    Annual accounts 202558 k €↑
  2. 2024
    Annual accounts 202419,9 k €↓
  3. 2023
    Annual accounts 202387,4 k €↑
  4. 2022
    Annual accounts 202219,8 k €↓
  5. 2021
    Annual accounts 202150,5 k €↑
  6. 2020
    Annual accounts 2020-22,7 k €↑
  7. 2019
    Annual accounts 2019-89,7 k €↓
  8. 2018
    Annual accounts 201845,8 k €↓
  9. 2017
    Annual accounts 2017178,5 k €↑
  10. 2016
    Annual accounts 2016-26 k €↓
  11. 2015
    Annual accounts 201576,5 k €↓
  12. 2014
    Annual accounts 2014142,5 k €↑
  13. 2013
    Annual accounts 201343,6 k €↓
  14. 2012
    Annual accounts 2012105,8 k €↑
  15. 2011
    Annual accounts 201159,7 k €↑
  16. 2010
    Annual accounts 201040,8 k €↓
  17. 2009
    Annual accounts 2009125,5 k €↑
  18. 2008
    Annual accounts 2008-42,8 k €↓
  19. 2007
    Annual accounts 200731,9 k €↑
  20. 2006
    Annual accounts 200621,1 k €
  21. 17/12/1992
    IncorporationPrivate limited company