THEMABEL
0451.451.757 · rovalta.com · 21/09/2026
ACTIVE
THEMABEL
Financial year 2025 · closed on 31/12/2025
Net result
1,5 k €
-97.4% YoY
Gross margin
32,8 k €
-65.1% YoY
Equity
178,2 k €
+0.9% YoY
Overview
What does THEMABEL do?
THEMABEL is a Private limited company incorporated in 1993. Its main activity is: Joinery installation. Its registered office is in Balen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.451.757
Incorporation
24/11/1993
Legal form
Private limited company
Registered office
Broekstraat 133
2491 Balen · FlandreSee on map
2491 Balen · FlandreSee on map
Contributed capital
24 825,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (2)
- 124
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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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 | 32,8 k € | -65.1% | 93,8 k € | +56.1% | 60,1 k € | -26.8% | 82 k € | -19.0% | 101,3 k € | +25.2% | 80,9 k € | +121% | 36,6 k € | -29.9% | 52,2 k € | -1.6% | 53 k € | -5.2% | 55,9 k € | -3.0% | 57,6 k € | +81.7% | 31,7 k € | -39.0% | 52 k € | -34.6% | 79,4 k € | -0.9% | 80,2 k € | -67.3% | 244,9 k € | +68.3% | 145,5 k € | -28.3% | 202,9 k € | -8.0% | 220,6 k € | +43.5% | 153,7 k € |
| EBITDA | 26,9 k € | -68.1% | 84,3 k € | +92.0% | 43,9 k € | +40.3% | 31,3 k € | -26.3% | 42,4 k € | -24.7% | 56,4 k € | +66.8% | 33,8 k € | -31.4% | 49,3 k € | -2.2% | 50,3 k € | +8.2% | 46,5 k € | -16.2% | 55,5 k € | +97.7% | 28,1 k € | -40.5% | 47,2 k € | -33.9% | 71,5 k € | -2.5% | 73,3 k € | -54.6% | 161,4 k € | +1462% | 10,3 k € | -43.1% | 18,2 k € | -72.2% | 65,4 k € | -7.3% | 70,6 k € |
| Operating result | 18,4 k € | -75.7% | 75,7 k € | +147% | 30,6 k € | +41.7% | 21,6 k € | -36.6% | 34,1 k € | -31.4% | 49,8 k € | +80.4% | 27,6 k € | -35.9% | 43,1 k € | -3.1% | 44,4 k € | +9.5% | 40,6 k € | -19.6% | 50,4 k € | +135% | 21,4 k € | -42.7% | 37,4 k € | -40.5% | 62,9 k € | +11.1% | 56,6 k € | -58.1% | 135 k € | +866% | -17,6 k € | +11.1% | -19,8 k € | -589% | 4,1 k € | -91.9% | 49,8 k € |
| Net result | 1,5 k € | -97.4% | 59,5 k € | +349% | 13,3 k € | +5047% | -268 € | -101% | 20 k € | -18.8% | 24,6 k € | +77.4% | 13,9 k € | +94.6% | 7,1 k € | -69.3% | 23,2 k € | +32.7% | 17,5 k € | -29.4% | 24,8 k € | +979% | 2,3 k € | -82.5% | 13,2 k € | -58.4% | 31,6 k € | +66.1% | 19 k € | -77.1% | 82,9 k € | +307% | -40 k € | -32.3% | -30,2 k € | -30.5% | -23,2 k € | -164% | 35,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 178,2 k € | +0.9% | 176,7 k € | +50.8% | 117,1 k € | +12.8% | 103,9 k € | -0.3% | 104,1 k € | +23.8% | 84,1 k € | -35.2% | 129,8 k € | +12.0% | 115,9 k € | +6.6% | 108,8 k € | +27.2% | 85,5 k € | +25.7% | 68 k € | +57.4% | 43,2 k € | +5.6% | 40,9 k € | -75.4% | 166,4 k € | +23.4% | 134,8 k € | +16.4% | 115,8 k € | +252% | 32,9 k € | -54.9% | 72,9 k € | -29.3% | 103,1 k € | -18.3% | 126,2 k € |
| Total assets | 214,2 k € | -12.9% | 246,1 k € | +2.3% | 240,5 k € | -10.1% | 267,4 k € | +2.6% | 260,5 k € | -23.5% | 340,4 k € | +5.1% | 323,9 k € | -7.0% | 348,2 k € | -4.5% | 364,5 k € | +6.6% | 341,8 k € | +6.2% | 321,9 k € | +3.9% | 309,9 k € | -3.7% | 322 k € | -32.0% | 473,6 k € | +3.2% | 458,8 k € | -2.4% | 470,1 k € | +3.1% | 456 k € | -3.7% | 473,7 k € | +2.7% | 461,3 k € | +139% | 193,3 k € |
| Cash | 15,4 k € | -41.4% | 26,3 k € | +846% | 2,8 k € | -52.9% | 5,9 k € | +146% | 2,4 k € | -94.9% | 47,2 k € | +40.9% | 33,5 k € | +38.7% | 24,1 k € | -46.3% | 45 k € | +99.7% | 22,5 k € | +79.0% | 12,6 k € | – | 2,8 k € | – | – | 8,7 k € | +15023% | 57,8 € | -99.2% | 6,9 k € | +1135% | 557,8 € | -98.3% | 32,5 k € | |||||
| Debts | 36 k € | -48.1% | 69,4 k € | -43.8% | 123,4 k € | -24.6% | 163,6 k € | +4.6% | 156,4 k € | -39.0% | 256,3 k € | +32.8% | 193 k € | -16.9% | 232,3 k € | -9.2% | 255,7 k € | -0.2% | 256,2 k € | +0.9% | 253,9 k € | -4.8% | 266,7 k € | -5.1% | 281 k € | -8.2% | 306,2 k € | -5.5% | 324 k € | -8.6% | 354,3 k € | -16.3% | 423,2 k € | +5.6% | 400,8 k € | +11.9% | 358,2 k € | +434% | 67,1 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,1 ETP | -97.1% | 3,5 ETP | -12.5% | 4,0 ETP | -18.4% | 4,9 ETP | +22.5% | 4,0 ETP | +81.8% | 2,2 ETP | ||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 12 ended
Active mandates
Christel Fettih
ActiveEric Cnockaert
ActiveMichael Cnockaert
ActiveEnded mandates
Christel Fettih
EndedChristel Fettih
EndedEric Cnockaert
EndedEric Cnockaert
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
CT BOUW● Active | 0440.774.532 |
Financials
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 | 30/06/2026 | 19/08/2025 | 06/06/2024 | 09/08/2023 | 30/08/2022 | 26/08/2021 |
| General meeting | 15/05/2026 | 31/07/2025 | 05/06/2024 | 15/05/2023 | 16/05/2022 | 17/05/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 15/05/2026 | 30/06/2026 | Dutch | |
| Micro model | 31/12/2024 | 31/07/2025 | 19/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 05/06/2024 | 06/06/2024 | Dutch | |
| Micro model | 31/12/2022 | 15/05/2023 | 09/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 16/05/2022 | 30/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 17/05/2021 | 26/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 18/05/2020 | 19/10/2020 | Dutch | |
| Micro model | 31/12/2018 | 20/05/2019 | 30/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 17/09/2018 | 30/10/2018 | Dutch | |
| Micro model | 31/12/2016 | 15/05/2017 | 08/12/2017 | Dutch | |
| Abridged model | 31/12/2015 | 20/05/2016 | 05/05/2017 | Dutch | |
| Abridged model | 31/12/2014 | 15/05/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 16/05/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 18/04/2013 | 07/05/2013 | Dutch | |
| Abridged model | 31/12/2011 | 18/05/2012 | 13/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 20/05/2011 | 29/09/2011 | Dutch | |
| Abridged model | 31/12/2009 | 21/05/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 15/05/2009 | 31/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 16/05/2008 | 31/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/06/2007 | 29/08/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 12 ended
Active mandates
Christel Fettih
ActiveEric Cnockaert
ActiveMichael Cnockaert
ActiveEnded mandates
Christel Fettih
EndedChristel Fettih
EndedEric Cnockaert
EndedEric Cnockaert
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates17/05/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
- Mandates21/05/2013ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates10/07/2012ONTSLAGEN - BENOEMINGEN
- Registered office01/12/2008MAATSCHAPPELIJKE ZETEL
- Mandates26/11/2007ONTSLAGEN - BENOEMINGEN
- Registered office17/01/2003MAATSCHAPPELIJKE ZETEL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,5 k €↓
- 2024Annual accounts 202459,5 k €↑
- 2023Annual accounts 202313,3 k €↑
- 2022Annual accounts 2022-268 €↓
- 2021Annual accounts 202120 k €↓
- 2020Annual accounts 202024,6 k €↑
- 2019Annual accounts 201913,9 k €↑
- 2018Annual accounts 20187,1 k €↓
- 2017Annual accounts 201723,2 k €↑
- 2016Annual accounts 201617,5 k €↓
- 2015Annual accounts 201524,8 k €↑
- 2014Annual accounts 20142,3 k €↓
- 2013Annual accounts 201313,2 k €↓
- 2012Annual accounts 201231,6 k €↑
- 2011Annual accounts 201119 k €↓
- 2010Annual accounts 201082,9 k €↑
- 2009Annual accounts 2009-40 k €↓
- 2008Annual accounts 2008-30,2 k €↓
- 2007Annual accounts 2007-23,2 k €↓
- 2006Annual accounts 200635,9 k €
- 24/11/1993IncorporationPrivate limited company