ACTIVE

THIELEMANS & C°

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Financial year 2025 · Closed on 31/12/2025

Net result842,7 k €-17,2 %over 1 year
Revenue15,8 M €+3,6 %over 1 year
Equity4,3 M €+16,2 %over 1 year
Workforce41,6 ETP-2,3 %over 1 year

Identity

Source · BCE/KBO

THIELEMANS & C° is a Public limited company incorporated in 1994. Its main activity is: Manufacture of fluid power equipment. Its registered office is in Merchtem. It employs on average 41,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.421.757
Incorporation
25/03/1994
Legal form
Public limited company
Registered office
Brusselsesteenweg 307
1785 Merchtem · FlandreSee on map
Contributed capital
80 573,38 €
Latest accounts
31/12/2025
Average workforce
41,6 ETP
Joint committees (6)
  • 111
  • 11123
  • 11323
  • 124
  • 200
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue15,8 M €15,3 M €16,4 M €––
EBITDA1,4 M €1,7 M €2,5 M €1 M €1 M €
Operating result996,3 k €1,3 M €2 M €780 k €787 k €
Net result842,7 k €1 M €1,7 M €595,5 k €633,8 k €
Balance sheet
Equity4,3 M €3,7 M €3,2 M €2,7 M €2,3 M €
Total assets7,3 M €6,4 M €6,8 M €4,9 M €4,3 M €
Cash1,1 M €1,3 M €2 M €1,5 M €287,7 k €
Debts2,9 M €2,5 M €3,5 M €2,2 M €2 M €
Other
Workforce41,6 ETP42,6 ETP44,9 ETP27,9 ETP25,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Brick-Invest0800.708.868Represented by Kristof Van Doorslaer
Directorsince 01/05/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Kristof Van Doorslaer
Director18/06/2021 → 2021 accountsManaging director25/06/2014 → 2014 accounts
THIELEMANS SERVICES0477.975.121Represented by Kristof Van Doorslaer
Director25/06/2014 → 2014 accounts

Other companies at this address

Brusselsesteenweg 307 1785 Merchtem
CompanyCBE no.
Van Doorslaer Invest● Active
0658.811.330
VDI-eenheid● Active
0672.704.502

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/06/2020
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date30/07/202603/07/202517/07/202428/07/202324/08/202201/02/2021
General meeting10/07/202620/06/202512/07/202418/04/202330/06/202211/12/2020
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202510/07/202630/07/2026DutchPDF
Full model31/12/202420/06/202503/07/2025DutchPDF
Full model31/12/202312/07/202417/07/2024DutchPDF
Abridged model31/12/202218/04/202328/07/2023DutchPDF
Abridged model31/12/202130/06/202224/08/2022DutchPDF
Abridged model30/06/202011/12/202001/02/2021DutchPDF
Abridged model30/06/201913/12/201921/01/2020DutchPDF
Abridged model30/06/201814/12/201811/02/2019DutchPDF
Abridged model30/06/201731/12/201701/02/2018DutchPDF
Abridged model30/06/201630/12/201601/02/2017DutchPDF
Abridged model30/09/201427/03/201531/03/2015DutchPDF
Abridged model30/09/201328/03/201431/03/2014DutchPDF
Abridged model30/09/201215/03/201303/04/2013DutchPDF
Abridged model31/12/201024/06/201124/08/2011DutchPDF
Abridged model31/12/200925/06/201020/08/2010DutchPDF
Abridged model31/12/200826/06/200926/08/2009DutchPDF
Abridged model31/12/200727/06/200829/08/2008DutchPDF
Abridged model31/12/200629/06/200717/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Brick-Invest0800.708.868Represented by Kristof Van Doorslaer
Directorsince 01/05/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Kristof Van Doorslaer
Director18/06/2021 → 2021 accountsManaging director25/06/2014 → 2014 accounts
THIELEMANS SERVICES0477.975.121Represented by Kristof Van Doorslaer
Director25/06/2014 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring17/02/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring12/12/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other25/06/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other23/11/2015
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates27/04/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2013
    ONTSLAGEN - BENOEMINGEN
    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
Filings18 filings
Mandates
Brick-Invest
Kristof Van Doorslaer
THIELEMANS SERVICES
LUCILE DE ROY
199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
THIELEMANS & C°THIELEMANS & COTHIELEMANS en Co
Brusselsesteenweg 307, 1785 Merchtem
Director
DirectorManaging director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Brusselsesteenweg 307, 1785 MerchtemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00355703

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
THIELEMANS & C°Current
accounts 2023 → 2025
Accounts 2025 · 2026-00355703
THIELEMANS & CO
accounts 2021 → 2022
Accounts 2022 · 2023-00304124
THIELEMANS en Co
accounts 2006 → 2020
Accounts 2020 · 2021-03800137

Events

  1. 2025
    Annual accounts 2025842,7 k €↓
  2. 2024
    Annual accounts 20241 M €↓
  3. 2023
    Annual accounts 20231,7 M €↑
  4. 2023
    Name changeTHIELEMANS & C°
  5. 2022
    Annual accounts 2022595,5 k €↓
  6. 2021
    Annual accounts 2021633,8 k €↑
  7. 2021
    Name changeTHIELEMANS & CO
  8. 2020
    Annual accounts 2020209,5 k €↑
  9. 2019
    Annual accounts 2019113 k €↑
  10. 2018
    Annual accounts 201812,2 k €↑
  11. 2017
    Annual accounts 2017-26,1 k €↓
  12. 2016
    Annual accounts 201697,3 k €↑
  13. 2014
    Annual accounts 201469,1 k €↑
  14. 2013
    Annual accounts 201318,3 k €↓
  15. 2012
    Annual accounts 2012132,1 k €↓
  16. 2010
    Annual accounts 2010132,3 k €↑
  17. 2009
    Annual accounts 2009105,7 k €↓
  18. 2008
    Annual accounts 2008451,5 k €↑
  19. 2007
    Annual accounts 200792,2 k €↑
  20. 2006
    Annual accounts 200623,7 k €
  21. 25/03/1994
    IncorporationPublic limited company