NORMAL SITUATION

THEMIS

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Financial year 2026 · closed on 13/08/2026

Net result

4,4 k €

-8.7% YoY

Revenue

12,6 k €

-43.9% YoY

Equity

30,7 k €

+16.9% YoY

Company — Normal situation.

Strike-off: 15 septembre 2026

What does THEMIS do?

THEMIS is a Private limited company incorporated in 1994.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.001.768

Incorporation

14/12/1994

Legal form

Private limited company

Latest accounts

13/08/2026

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 21 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	12,6 k €	-43.9%	22,4 k €	-19.6%	27,9 k €	+21.5%	23 k €	+35.5%	17 k €	+48.6%	11,4 k €	-24.7%	15,2 k €	+20.8%	12,5 k €	-9.0%	13,8 k €	-27.7%	19,1 k €	-4.6%	20 k €	-16.2%	23,9 k €	+0.1%	23,8 k €	+12.0%	21,3 k €	+13.9%	18,7 k €	-3.9%	19,4 k €	-12.6%	22,3 k €	-53.0%	47,4 k €	+4.7%	45,2 k €	+2.9%	43,9 k €	+2.5%	42,8 k €
EBITDA	6,2 k €	-37.4%	9,8 k €	-27.2%	13,5 k €	+404%	2,7 k €	-49.9%	5,3 k €	+613%	-1 k €	-159%	1,8 k €	-14.4%	2 k €	+43.1%	1,4 k €	-27.6%	2 k €	-47.9%	3,8 k €	-28.2%	5,3 k €	-38.6%	8,6 k €	+1174%	676 €	-64.4%	1,9 k €	+519%	-454 €	-113%	3,6 k €	-41.6%	6,1 k €	-48.0%	11,7 k €	+5.0%	11,2 k €	+3.1%	10,8 k €
Operating result	6 k €	-35.5%	9,3 k €	-28.2%	13 k €	+491%	2,2 k €	+91.2%	1,2 k €	+123%	-5 k €	-416%	1,6 k €	+9.1%	1,4 k €	+48133%	3 €	+101%	-245 €	-117%	1,4 k €	+203%	-1,4 k €	-149%	2,8 k €	+164%	-4,4 k €	-64.8%	-2,7 k €	+50.4%	-5,4 k €	-289%	2,9 k €	-21.8%	3,7 k €	-61.7%	9,6 k €	+122%	4,3 k €	+10.1%	3,9 k €
Net result	4,4 k €	-8.7%	4,9 k €	-44.1%	8,7 k €	+550%	1,3 k €	+12.8%	1,2 k €	+124%	-5 k €	-550%	1,1 k €	+6.9%	1 k €	+6820%	15 €	+106%	-248 €	-125%	995 €	+164%	-1,6 k €	-151%	3,1 k €	+175%	-4,1 k €	-77.6%	-2,3 k €	-161%	3,7 k €	+28.0%	2,9 k €	-7.8%	3,2 k €	-63.6%	8,7 k €	+131%	3,8 k €	+161%	1,5 k €
Balance sheet
Equity	30,7 k €	+16.9%	26,3 k €	+1.4%	25,9 k €	+0.1%	25,9 k €	-40.0%	43,1 k €	+2.8%	42 k €	-10.6%	47 k €	+2.4%	45,8 k €	+2.3%	44,8 k €	+0.0%	44,8 k €	-0.6%	45 k €	+2.3%	44 k €	-3.4%	45,6 k €	+7.2%	42,5 k €	-8.7%	46,6 k €	-4.7%	48,9 k €	+2.9%	47,5 k €	+1.2%	47 k €	+7.2%	43,8 k €	+24.9%	35,1 k €	+12.1%	31,3 k €
Total assets	31,4 k €	-3.0%	32,3 k €	-18.2%	39,6 k €	+26.0%	31,4 k €	-28.8%	44,1 k €	+2.8%	42,9 k €	-11.3%	48,4 k €	+4.1%	46,5 k €	+2.1%	45,5 k €	-3.5%	47,2 k €	-2.2%	48,3 k €	+9.4%	44,2 k €	-8.3%	48,2 k €	+3.5%	46,5 k €	-1.8%	47,4 k €	-3.1%	48,9 k €	-1.5%	49,7 k €	-9.7%	55 k €	+23.0%	44,7 k €	+16.8%	38,3 k €	-0.3%	38,4 k €
Cash	26,5 k €	-8.2%	28,9 k €	+7.5%	26,9 k €	+69.2%	15,9 k €	-11.3%	17,9 k €	+36.1%	13,2 k €	-24.9%	17,5 k €	-45.1%	31,9 k €	-2.2%	32,6 k €	+12.4%	29 k €	+64.2%	17,7 k €	+47.1%	12 k €	-24.3%	15,9 k €	+32.1%	12 k €	+10.7%	10,9 k €	-6.2%	11,6 k €	+682%	1,5 k €	-63.7%	4,1 k €	-81.5%	22,1 k €	+55.9%	14,2 k €	+42.0%	10 k €
Debts	675 €	-88.9%	6,1 k €	-55.5%	13,7 k €	+148%	5,5 k €	+471%	965 €	-0.4%	969 €	-31.9%	1,4 k €	+125%	632 €	-12.7%	724 €	-69.9%	2,4 k €	-25.8%	3,2 k €	+2961%	106 €	-95.9%	2,6 k €	-35.6%	4 k €	+413%	777 €		–		2,1 k €	-73.5%	8,1 k €	+751%	948 €	-70.7%	3,2 k €	-54.6%	7,1 k €

Governance

Board of directors

Seen on filing of 13/08/2026 · 1 active · 11 ended

Active mandates

Jean-Pierre Hertveldt

Mandate

Active

Ended mandates

Jean-Pierre HERTVELDT

Manager · since 04 septembre 2018

Ended

Jérémie Godu

Manager · since 23 février 2015

Ended

Sara HERTVELDT

Manager · since 31 mars 2014

Ended

Jean-Pierre Hertveldt

Director

Ended

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2026	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021
Closing of the financial year	13/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	8 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/09/2026	18/04/2026	22/04/2025	21/04/2024	27/04/2023	20/04/2022
General meeting	17/08/2026	15/04/2026	15/04/2025	15/04/2024	15/04/2023	15/04/2022
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
Micro model	13/08/2026	17/08/2026	20/09/2026	Dutch	PDF
Micro model	31/12/2025	15/04/2026	18/04/2026	Dutch	PDF
Micro model	31/12/2024	15/04/2025	22/04/2025	Dutch	PDF
Micro model	31/12/2023	15/04/2024	21/04/2024	Dutch	PDF
Micro model	31/12/2022	15/04/2023	27/04/2023	Dutch	PDF
Micro model	31/12/2021	15/04/2022	20/04/2022	Dutch	PDF
Micro model	31/12/2020	15/04/2021	28/04/2021	Dutch	PDF
Abridged model	31/12/2019	15/04/2020	24/04/2020	Dutch	PDF
Micro model	31/12/2018	15/04/2019	29/04/2019	Dutch	PDF
Micro model	31/12/2017	15/04/2018	18/04/2018	Dutch	PDF
Abridged model	31/12/2016	15/04/2017	02/05/2017	Dutch	PDF
Abridged model	31/12/2015	15/04/2016	18/04/2016	Dutch	PDF
Abridged model	31/12/2014	15/04/2015	17/04/2015	Dutch	PDF
Abridged model	31/12/2013	15/04/2014	25/04/2014	Dutch	PDF
Abridged model	31/12/2012	15/04/2013	03/06/2013	Dutch	PDF
Abridged model	31/12/2011	17/04/2012	16/05/2012	Dutch	PDF
Abridged model	31/12/2010	15/04/2011	12/05/2011	Dutch	PDF
Abridged model	31/12/2009	15/04/2010	17/04/2010	Dutch	PDF
Abridged model	31/12/2008	15/04/2009	22/05/2009	Dutch	PDF
Abridged model	31/12/2007	15/04/2008	25/04/2008	Dutch	PDF
Abridged model	31/12/2006	15/04/2007	04/05/2007	Dutch	PDF

Estimate

Indicative valuation

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 13/08/2026 · 1 active · 11 ended

Active mandates

Jean-Pierre Hertveldt

Mandate

Active

Ended mandates

Jean-Pierre HERTVELDT

Manager · since 04 septembre 2018

Ended

Jérémie Godu

Manager · since 23 février 2015

Ended

Sara HERTVELDT

Manager · since 31 mars 2014

Ended

Jean-Pierre Hertveldt

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/03/2007
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares21/08/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
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

2026
Annual accounts 20264,4 k €↓
2025
Annual accounts 20254,9 k €↓
2024
Annual accounts 20248,7 k €↑
2023
Annual accounts 20231,3 k €↑
2022
Annual accounts 20221,2 k €↑
2021
Annual accounts 2021-5 k €↓
2020
Annual accounts 20201,1 k €↑
2019
Annual accounts 20191 k €↑
2018
Annual accounts 201815 €↑
2017
Annual accounts 2017-248 €↓
2016
Annual accounts 2016995 €↑
2015
Annual accounts 2015-1,6 k €↓
2014
Annual accounts 20143,1 k €↑
2013
Annual accounts 2013-4,1 k €↓
2012
Annual accounts 2012-2,3 k €↓
2011
Annual accounts 20113,7 k €↑
2010
Annual accounts 20102,9 k €↓
2009
Annual accounts 20093,2 k €↓
2008
Annual accounts 20088,7 k €↑
2007
Annual accounts 20073,8 k €↑
2006
Annual accounts 20061,5 k €
14/12/1994
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

THEMIS

Overview

What does THEMIS do?

Trend over 21 financial years

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