ACTIVE

THIEMAR

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Financial year 2025 · closed on 31/12/2025

Net result

33,6 k €

-58.1% YoY

Gross margin

245,5 k €

-20.5% YoY

Equity

335,2 k €

-39.2% YoY

Workforce

4,8 ETP

+4.3% YoY

What does THIEMAR do?

THIEMAR is a Private limited company incorporated in 1994. Its registered office is in Wavre. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.910.726

Incorporation

11/02/1994

Legal form

Private limited company

Registered office

Venelle aux Cyprès 25
1300 Wavre · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

4,8 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	245,5 k €	-20.5%	308,9 k €	-3.6%	320,5 k €	+4.4%	306,9 k €	-2.4%	314,4 k €	+3.7%	303,2 k €	+33.6%	227 k €	+25.9%	180,4 k €	-12.9%	207 k €	-10.5%	231,2 k €	-13.1%	266 k €	+2.6%	259,2 k €	+3.6%	250,2 k €	-4.5%	262,1 k €	-0.7%	263,8 k €	+3.1%	255,9 k €	+24.5%	205,6 k €	-20.7%	259,2 k €	+1.1%	256,5 k €
EBITDA	81,9 k €	-41.5%	140 k €	-11.7%	158,5 k €	+0.1%	158,2 k €	-16.2%	188,7 k €	+13.1%	166,8 k €	+119%	76,3 k €	+56.3%	48,8 k €	-44.0%	87,1 k €	-2.4%	89,3 k €	-27.4%	123 k €	+13.1%	108,8 k €	+8.0%	100,7 k €	-12.8%	115,4 k €	+7.2%	107,7 k €	-5.6%	114 k €	+58.8%	71,8 k €	-32.1%	105,7 k €	-11.0%	118,7 k €
Operating result	57,4 k €	-51.1%	117,4 k €	-14.5%	137,3 k €	+26.7%	108,4 k €	-21.5%	138,1 k €	+23.3%	112,1 k €	+337%	25,7 k €	+685%	-4,4 k €	-115%	28,4 k €	-16.9%	34,2 k €	-52.2%	71,7 k €	+27.5%	56,2 k €	+12.9%	49,8 k €	-20.6%	62,7 k €	+21.6%	51,6 k €	-18.6%	63,4 k €	+227%	19,4 k €	-66.1%	57,2 k €	-17.4%	69,2 k €
Net result	33,6 k €	-58.1%	80,1 k €	-11.3%	90,4 k €	+32.0%	68,5 k €	-9.6%	75,8 k €	+13.7%	66,6 k €	+564%	10 k €	+156%	-17,9 k €	-274%	10,3 k €	-30.3%	14,7 k €	-53.9%	32 k €	+37.1%	23,3 k €	+30.1%	17,9 k €	-32.3%	26,5 k €	+14.7%	23,1 k €	-22.3%	29,7 k €	+123%	13,3 k €	-50.5%	26,9 k €	+602%	3,8 k €
Balance sheet
Equity	335,2 k €	-39.2%	551,6 k €	+17.0%	471,5 k €	+23.7%	381,1 k €	-5.3%	402,7 k €	-3.4%	416,9 k €	+19.0%	350,3 k €	+2.9%	340,3 k €	-5.0%	358,2 k €	+3.0%	347,9 k €	+4.4%	333,2 k €	+10.6%	301,2 k €	+8.4%	277,9 k €	+6.9%	259,9 k €	+11.3%	233,5 k €	+11.0%	210,4 k €	+16.4%	180,7 k €	-61.3%	467,4 k €	+6.1%	440,5 k €
Total assets	697,3 k €	-12.1%	793,6 k €	+4.5%	759,3 k €	-0.9%	766,1 k €	-2.5%	785,6 k €	+18.9%	660,6 k €	+27.8%	516,9 k €	-8.6%	565,3 k €	-6.2%	602,3 k €	+4.5%	576,2 k €	-12.8%	660,7 k €	-5.7%	700,7 k €	-8.2%	763 k €	-9.1%	839,6 k €	-9.6%	929 k €	+6.4%	873,4 k €	-14.1%	1 M €	+7.4%	946,7 k €	-8.4%	1 M €
Cash	203,5 k €	-11.0%	228,7 k €	-9.4%	252,4 k €	-20.9%	318,9 k €	+15.3%	276,5 k €	+17.7%	235 k €	+98.6%	118,3 k €	+33.4%	88,7 k €	+15.0%	77,1 k €	+15.5%	66,8 k €	-63.3%	182,2 k €	+5.8%	172,1 k €	-1.3%	174,4 k €	+9.5%	159,3 k €	-27.5%	219,9 k €	+56.0%	141 k €	+112%	66,5 k €	+31.7%	50,5 k €	-36.0%	78,9 k €
Debts	362 k €	+49.7%	241,8 k €	-15.9%	287,5 k €	-25.3%	384,9 k €	+0.5%	383 k €	+57.2%	243,7 k €	+46.3%	166,6 k €	-25.9%	225 k €	-7.8%	244,1 k €	+7.6%	226,9 k €	-30.7%	327,5 k €	-18.0%	399,5 k €	-17.7%	485,1 k €	-16.3%	579,7 k €	-16.7%	695,5 k €	+4.9%	663 k €	-20.7%	836,1 k €	+74.4%	479,3 k €	-19.2%	593,1 k €
Other
Workforce	4,8 ETP	+4.3%	4,6 ETP	-11.5%	5,2 ETP	-25.7%	7,0 ETP	0.0%	7,0 ETP	0.0%	7,0 ETP	+12.9%	6,2 ETP	-4.6%	6,5 ETP	-12.2%	7,4 ETP	-5.1%	7,8 ETP	-1.3%	7,9 ETP	-8.1%	8,6 ETP	+19.4%	7,2 ETP	+9.1%	6,6 ETP	-2.9%	6,8 ETP	+1.5%	6,7 ETP	-2.9%	6,9 ETP	-4.2%	7,2 ETP	0.0%	7,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Benny BEIRENS

Director

Active

Sébastien GOOR-LINGELET

Director

Active

Ended mandates

Benny Beirens

Manager

Ended

Rhierry GOOR-LINGELET

Manager

Ended

Thierry Goor

Manager

Ended

Thierry GOOR LINGELET

Manager

Ended

At this address

Other companies at this address

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B.G. DIS● Active	0870.749.006
FREEZCO● Active	0870.747.719
Gelco - Ben & Seb Frères● Active	0866.889.691
Qnok Petrol● Active	0686.743.865
SEBENCO● Active	0459.843.049
SO BE FOOD● Active	0726.770.520

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	30/09/2025	18/07/2024	15/09/2023	13/10/2022	15/11/2021
General meeting	26/06/2026	26/09/2025	28/06/2024	13/09/2023	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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	31/07/2026	French	PDF
Abridged model	31/12/2024	26/09/2025	30/09/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	18/07/2024	French	PDF
Abridged model	31/12/2022	13/09/2023	15/09/2023	French	PDF
Abridged model	31/12/2021	24/06/2022	13/10/2022	French	PDF
Abridged model	31/12/2020	25/06/2021	15/11/2021	French	PDF
Abridged model	31/12/2019	26/06/2020	07/01/2021	French	PDF
Abridged model	31/12/2018	28/06/2019	15/11/2019	French	PDF
Abridged model	31/12/2017	29/06/2018	30/10/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	30/10/2017	French	PDF
Abridged model	31/12/2015	24/06/2016	21/09/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	30/09/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	28/11/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	31/08/2012	French	PDF
Abridged model	31/12/2009	25/06/2010	28/06/2011	French	PDF
Abridged model	31/12/2008	23/06/2009	26/08/2010	French	PDF
Abridged model	31/12/2007	24/06/2008	26/08/2010	French	PDF
Abridged model	31/12/2006	25/06/2007	11/02/2009	French	PDF
Abridged model	31/12/2005	24/06/2006	11/02/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Benny BEIRENS

Director

Active

Sébastien GOOR-LINGELET

Director

Active

Ended mandates

Benny Beirens

Manager

Ended

Rhierry GOOR-LINGELET

Manager

Ended

Thierry Goor

Manager

Ended

Thierry GOOR LINGELET

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates12/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates05/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates11/10/2019
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

2025
Annual accounts 202533,6 k €↓
2024
Annual accounts 202480,1 k €↓
2023
Annual accounts 202390,4 k €↑
2022
Annual accounts 202268,5 k €↓
2021
Annual accounts 202175,8 k €↑
2020
Annual accounts 202066,6 k €↑
2019
Annual accounts 201910 k €↑
2018
Annual accounts 2018-17,9 k €↓
2017
Annual accounts 201710,3 k €↓
2016
Annual accounts 201614,7 k €↓
2015
Annual accounts 201532 k €↑
2014
Annual accounts 201423,3 k €↑
2013
Annual accounts 201317,9 k €↓
2012
Annual accounts 201226,5 k €↑
2011
Annual accounts 201123,1 k €↓
2010
Annual accounts 201029,7 k €↑
2009
Annual accounts 200913,3 k €↓
2008
Annual accounts 200826,9 k €↑
2007
Annual accounts 20073,8 k €
11/02/1994
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

THIEMAR

Overview

What does THIEMAR do?

Trend over 19 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