ACTIVE

elTHYC

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Financial year 2025 · Closed on 30/09/2025

Net result246,9 k €-53,5 %over 1 year

Revenue12,7 M €-8,8 %over 1 year

Equity2 M €+7,7 %over 1 year

Workforce8,6 ETP+7,5 %over 1 year

Identity

Source · BCE/KBO

elTHYC is a Private limited company incorporated in 1998. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Vorselaar. It employs on average 8,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0462.798.975
Incorporation: 11/03/1998
Legal form: Private limited company
Registered office: Sassenhout 13
2290 Vorselaar · FlandreSee on map
Contributed capital: 37 184,03 €
Latest accounts: 30/09/2025
Average workforce: 8,6 ETP

Activities (NACE)

46643Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46693Wholesale of other machinery and equipment 46731Wholesale of wood, construction materials and sanitary equipment 46831Wholesale trade, except of motor vehicles and motorcycles 51532Air transport 51871Air transport+6

Joint committees (3)

149
14901
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	12,7 M €	-8.8%	13,9 M €		–		–		–
EBITDA	410,4 k €	-47.6%	782,6 k €	-14.1%	911,6 k €	+96.3%	464,3 k €	+27.6%	363,8 k €
Operating result	317,9 k €	-54.4%	697,8 k €	-17.3%	843,4 k €	+105%	412,4 k €	+31.3%	314,2 k €
Net result	246,9 k €	-53.5%	531,4 k €	-29.7%	756,5 k €	+98.0%	382 k €	+46.1%	261,4 k €
Balance sheet
Equity	2 M €	+7.7%	1,9 M €	+21.1%	1,6 M €	+22.3%	1,3 M €	+19.2%	1,1 M €
Total assets	5,6 M €	+5.1%	5,4 M €	-7.2%	5,8 M €	+10.8%	5,2 M €	+23.4%	4,2 M €
Cash	327,3 k €	+19.4%	274 k €	-51.5%	565,4 k €	+320%	134,5 k €	-35.8%	209,5 k €
Debts	3,6 M €	+3.6%	3,5 M €	-17.8%	4,2 M €	+7.1%	3,9 M €	+26.0%	3,1 M €
Other
Workforce	8,6 ETP	+7.5%	8,0 ETP		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ELTHYCO HOLDING0733.734.031	MandateDirector18/09/2020 → 2023 accountsended
Jef Thijs	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jef Thys	Director2023 accountsManager2019 accounts
Jozef Thys	Administrator - manager2010 accountsManager2008 accounts

Other companies at this address

Sassenhout 13 2290 Vorselaar

Company	CBE no.
EJT PROJECTS● Active	0444.607.220
ELTHYCO HOLDING● Active	0733.734.031
Groep Elthyc● Active	0694.520.196
Lembrechts & Lembrechts● Active	0430.950.907
Lempat● Active	0869.860.069

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/03/2026	25/03/2025	30/01/2024	31/01/2023	21/04/2022	19/03/2021
General meeting	28/02/2026	28/02/2025	23/01/2024	24/01/2023	22/02/2022	16/02/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2025	28/02/2026	26/03/2026	Dutch	PDF
Full model	30/09/2024	28/02/2025	25/03/2025	Dutch	PDF
Abridged model	30/09/2023	23/01/2024	30/01/2024	Dutch	PDF
Abridged model	30/09/2022	24/01/2023	31/01/2023	Dutch	PDF
Abridged model	30/09/2021	22/02/2022	21/04/2022	Dutch	PDF
Abridged model	30/09/2020	16/02/2021	19/03/2021	Dutch	PDF
Abridged model	30/09/2019	02/12/2019	31/01/2020	Dutch	PDF
Abridged model	30/09/2018	03/12/2018	10/01/2019	Dutch	PDF
Abridged model	30/09/2017	04/12/2017	25/01/2018	Dutch	PDF
Abridged model	30/09/2016	05/12/2016	26/12/2016	Dutch	PDF
Abridged model	30/09/2015	07/12/2015	22/12/2015	Dutch	PDF
Abridged model	30/09/2014	01/12/2014	23/12/2014	Dutch	PDF
Abridged model	30/09/2013	02/12/2013	08/01/2014	Dutch	PDF
Abridged model	30/09/2012	03/12/2012	13/09/2013	Dutch	PDF
Abridged model	30/09/2011	30/03/2012	27/04/2012	Dutch	PDF
Abridged model	30/09/2010	06/12/2010	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	01/02/2010	18/02/2010	Dutch	PDF
Abridged model	30/09/2008	30/03/2009	31/03/2009	Dutch	PDF
Abridged model	30/09/2007	03/12/2007	28/02/2008	Dutch	PDF
Abridged model	30/09/2006	28/12/2006	27/02/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ELTHYCO HOLDING0733.734.031	MandateDirector18/09/2020 → 2023 accountsended
Jef Thijs	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jef Thys	Director2023 accountsManager2019 accounts
Jozef Thys	Administrator - manager2010 accountsManager2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office02/01/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office19/06/2012
MAATSCHAPPELIJKE ZETEL
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

Filings19 filings

Mandates

ELTHYCO HOLDING

Jef Thijs

Jef Thys

Jozef Thys

19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

elTHYC

Sassenhout 13, 2290 VorselaarSassenhout 15-13, 2290 Vorselaar

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Sassenhout 13, 2290 VorselaarCurrent	accounts 2025	Accounts 2025 · 2026-00062777
Sassenhout 15-13, 2290 Vorselaar	accounts 2021 → 2024	Accounts 2024 · 2025-00053530

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
elTHYCCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00062777

Events

2025
Annual accounts 2025246,9 k €↓
2024
Annual accounts 2024531,4 k €↓
2023
Annual accounts 2023756,5 k €↑
2022
Annual accounts 2022382 k €↑
2021
Annual accounts 2021261,4 k €↑
2020
Annual accounts 2020112,1 k €↓
2019
Annual accounts 2019174,1 k €↑
2018
Annual accounts 201879,9 k €↓
2017
Annual accounts 2017123,1 k €↑
2016
Annual accounts 201642,8 k €↑
2015
Annual accounts 201535,1 k €↑
2014
Annual accounts 201429,2 k €↓
2013
Annual accounts 201333,8 k €↑
2012
Annual accounts 201220,8 k €↓
2011
Annual accounts 201121,5 k €↓
2010
Annual accounts 201035,6 k €↑
2009
Annual accounts 200931,2 k €↓
2008
Annual accounts 200861 k €↑
2007
Annual accounts 200724,9 k €
11/03/1998
IncorporationPrivate limited company

elTHYC

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events