ACTIVE

THADDEUS et Cie

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Financial year 2025 · closed on 30/09/2025

Net result

173,8 k €

+160.5% YoY

Gross margin

347,3 k €

+43.7% YoY

Equity

177,6 k €

+4534.9% YoY

Workforce

0,0 ETP

What does THADDEUS et Cie do?

THADDEUS et Cie is a Public limited company incorporated in 1997. Its registered office is in Meise.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.468.403

Incorporation

14/04/1997

Legal form

Public limited company

Registered office

Lovegemstraat 8
1861 Meise · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

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		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	347,3 k €	+43.7%	241,6 k €	+42.0%	170,1 k €	-68.9%	547,8 k €	+4985%	-11,2 k €	-300%	5,6 k €	-95.5%	124,9 k €	+92.1%	65 k €	+18.4%	54,9 k €	-10.5%	61,4 k €	+211%	19,8 k €	-15.9%	23,5 k €	-1.9%	23,9 k €	-0.0%	24 k €	-2.4%	24,5 k €	+3.1%	23,8 k €	+26.2%	18,9 k €	+8.4%	17,4 k €	+79.1%	9,7 k €
EBITDA	338,8 k €	+44.8%	234 k €	+218%	73,6 k €	-86.1%	528,3 k €	+4569%	-11,8 k €	+97.6%	-489,8 k €	-9459%	-5,1 k €	-108%	64,4 k €	+18.6%	54,2 k €	-10.7%	60,7 k €	+216%	19,2 k €	-16.3%	22,9 k €	-2.0%	23,4 k €	-0.0%	23,4 k €	-2.7%	24 k €	+5.8%	22,7 k €	+20.4%	18,9 k €	+15.3%	16,4 k €	+90.9%	8,6 k €
Operating result	233,2 k €	+213%	-207,1 k €	-421%	-39,8 k €	-111%	362,8 k €	+860%	-47,7 k €	+87.4%	-379,6 k €	-2538%	-14,4 k €	+84.2%	-91 k €	-302%	45 k €	-12.6%	51,5 k €	+423%	9,8 k €	-23.1%	12,8 k €	+1.3%	12,6 k €	+23.5%	10,2 k €	-5.9%	10,9 k €	+8.3%	10 k €	+44.9%	6,9 k €	+56.8%	4,4 k €	+231%	-3,4 k €
Net result	173,8 k €	+161%	-287,2 k €	-166%	-108,1 k €	-132%	342,2 k €	+810%	-48,2 k €	+87.3%	-380,8 k €	-2537%	-14,4 k €	+78.9%	-68,5 k €	-249%	46 k €	-26.3%	62,5 k €	+315%	15,1 k €	+18.2%	12,7 k €	+0.0%	12,7 k €	+17.2%	10,9 k €	-6.5%	11,6 k €	+9.7%	10,6 k €	+53.9%	6,9 k €	+52.1%	4,5 k €	+233%	-3,4 k €
Balance sheet
Equity	177,6 k €	+4535%	3,8 k €	-98.7%	291,1 k €	-27.1%	399,2 k €	+601%	57 k €	-45.9%	105,2 k €	-78.4%	486 k €	-2.9%	500,5 k €	-12.0%	568,9 k €	+8.8%	522,9 k €	+13.6%	460,5 k €	+3.4%	445,4 k €	+2.9%	432,7 k €	+3.0%	419,9 k €	+2.7%	409 k €	+2.9%	397,4 k €	+2.7%	386,8 k €	+1.8%	379,9 k €	+1.2%	375,4 k €
Total assets	2,2 M €	+5.2%	2,1 M €	-13.0%	2,4 M €	-7.1%	2,6 M €	+126%	1,2 M €	+8.5%	1,1 M €	+66.4%	643,3 k €	+22.7%	524,4 k €	-11.1%	590,1 k €	-0.6%	593,6 k €	+11.9%	530,5 k €	+19.1%	445,4 k €	+2.8%	433,1 k €	+3.2%	419,9 k €	+2.5%	409,5 k €	+2.9%	397,9 k €	+2.9%	386,8 k €	+1.7%	380,2 k €	+1.2%	375,6 k €
Cash	364,5 k €	+220%	113,9 k €	+118%	52,3 k €	-61.6%	136,1 k €	+2540%	5,2 k €		–		224,6 €	-88.7%	2 k €	+28.5%	1,5 k €	-74.1%	6 k €	-75.8%	24,7 k €	+124%	11 k €	+2382%	444 €	-97.8%	19,8 k €	+191%	6,8 k €	-88.1%	57 k €	+19.3%	47,8 k €	+73.7%	27,5 k €	+589%	4 k €
Debts	2,1 M €	-3.0%	2,1 M €	-1.4%	2,1 M €	-3.4%	2,2 M €	+102%	1,1 M €	+14.4%	961,5 k €	+3700%	25,3 k €	+5.9%	23,9 k €	+12.7%	21,2 k €	+3122%	658 €	+961%	62 €		–		495 €		–		495,6 €	-0.1%	496 €		–		233 €	+4.5%	223 €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 27 ended

Active mandates

ZORREL

Director · since 27 septembre 2023 · until 21 février 2029 · 0785.436.615

Represented by Stephan Conter

Active

Ended mandates

ZORREL

Director · since 27 septembre 2023 · until 21 février 2029 · 0785.436.615

Represented by Stephan Conter

Ended

Emilie Conter

Director · since 08 décembre 2021 · until 17 mai 2027

Ended

Zoë Conter

Director · since 08 décembre 2021 · until 17 mai 2027

Ended

DEFI Management

Director · since 23 mars 2021 · until 26 octobre 2021 · 0834.233.454

Represented by Delestrée DAVID

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	21 months	12 months	12 months
Filing date	09/03/2026	28/02/2025	23/02/2024	28/02/2023	10/08/2022	31/07/2020
General meeting	18/02/2026	19/02/2025	21/02/2024	15/02/2023	17/12/2021	18/05/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	18/02/2026	09/03/2026	Dutch	PDF
Abridged model	30/09/2024	19/02/2025	28/02/2025	Dutch	PDF
Abridged model	30/09/2023	21/02/2024	23/02/2024	Dutch	PDF
Abridged model	30/09/2022	15/02/2023	28/02/2023	Dutch	PDF
Abridged model	31/12/2020	17/12/2021	10/08/2022	Dutch	PDF
Abridged model	31/12/2019	18/05/2020	31/07/2020	Dutch	PDF
Micro model	31/12/2018	20/05/2019	30/07/2019	Dutch	PDF
Micro model	31/12/2017	22/05/2018	30/11/2018	Dutch	PDF
Micro model	31/12/2016	15/05/2017	09/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	27/07/2015	Dutch	PDF
Abridged model	30/12/2013	19/05/2014	16/06/2014	Dutch	PDF
Abridged model	30/12/2012	21/05/2013	20/06/2013	Dutch	PDF
Abridged model	30/12/2011	21/05/2012	27/06/2012	Dutch	PDF
Abridged model	30/12/2010	16/05/2011	27/08/2011	Dutch	PDF
Abridged model	30/12/2009	17/05/2010	28/07/2010	Dutch	PDF
Abridged model	30/12/2008	18/05/2009	24/06/2009	Dutch	PDF
Abridged model	30/12/2007	19/05/2008	28/06/2008	Dutch	PDF
Abridged model	30/12/2006	21/05/2007	28/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 27 ended

Active mandates

ZORREL

Director · since 27 septembre 2023 · until 21 février 2029 · 0785.436.615

Represented by Stephan Conter

Active

Ended mandates

ZORREL

Director · since 27 septembre 2023 · until 21 février 2029 · 0785.436.615

Represented by Stephan Conter

Ended

Emilie Conter

Director · since 08 décembre 2021 · until 17 mai 2027

Ended

Zoë Conter

Director · since 08 décembre 2021 · until 17 mai 2027

Ended

DEFI Management

Director · since 23 mars 2021 · until 26 octobre 2021 · 0834.233.454

Represented by Delestrée DAVID

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2024
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/01/2022
DEMISSIONS, NOMINATIONS
PDF
Other09/04/2021
ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office08/03/2019
MAATSCHAPPELIJKE ZETEL
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 2025173,8 k €↑
2024
Annual accounts 2024-287,2 k €↓
2023
Annual accounts 2023-108,1 k €↓
2022
Annual accounts 2022342,2 k €↑
2020
Annual accounts 2020-48,2 k €↑
2019
Annual accounts 2019-380,8 k €↓
2018
Annual accounts 2018-14,4 k €↑
2017
Annual accounts 2017-68,5 k €↓
2016
Annual accounts 201646 k €↓
2015
Annual accounts 201562,5 k €↑
2014
Annual accounts 201415,1 k €↑
2013
Annual accounts 201312,7 k €↑
2012
Annual accounts 201212,7 k €↑
2011
Annual accounts 201110,9 k €↓
2010
Annual accounts 201011,6 k €↑
2009
Annual accounts 200910,6 k €↑
2008
Annual accounts 20086,9 k €↑
2007
Annual accounts 20074,5 k €↑
2006
Annual accounts 2006-3,4 k €
14/04/1997
IncorporationPublic 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

THADDEUS et Cie

Overview

What does THADDEUS et Cie 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