ACTIVE

THG Eupen

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Financial year 2026 · Closed on 31/03/2026

Net result-46,8 k €-548,2 %over 1 year

Gross margin618,2 k €-7,8 %over 1 year

Equity83 k €-36,1 %over 1 year

Workforce6,8 ETP-19,0 %over 1 year

Identity

Source · BCE/KBO

THG Eupen is a Public limited company incorporated in 1999. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Eupen. It employs on average 6,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0465.145.385
Incorporation: 08/02/1999
Legal form: Public limited company
Registered office: Werthplatz 11
4700 Eupen · WallonieSee on map
Contributed capital: 80 000,00 €
Latest accounts: 31/03/2026
Average workforce: 6,8 ETP

Activities (NACE)

69201Accounting, bookkeeping and auditing activities; tax consultancy· main 69201Accounting, bookkeeping and auditing activities; tax consultancy 69202Accounting, bookkeeping and auditing activities; tax consultancy 74121Specialised design activities 74124Specialised design activities 68312Real estate agencies+4

Joint committees (4)

Signals

Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2026		2025		2024		2023		2022
Income statement
Gross margin	618,2 k €	-7.8%	670,8 k €	-28.3%	934,9 k €	-7.1%	1 M €	+0.2%	1 M €
EBITDA	123,2 k €	-24.3%	162,7 k €	-61.9%	427 k €	+5.5%	404,7 k €	+8.0%	374,6 k €
Operating result	-5,1 k €	-113%	38,2 k €	-86.7%	286,3 k €	+7.3%	266,9 k €	-0.7%	268,7 k €
Net result	-46,8 k €	-548%	-7,2 k €	-102%	391,6 k €	+136%	165,9 k €	-13.4%	191,6 k €
Balance sheet
Equity	83 k €	-36.1%	129,9 k €	-45.2%	237,1 k €	-80.1%	1,2 M €	+15.2%	1 M €
Total assets	965,2 k €	-9.8%	1,1 M €	-37.6%	1,7 M €	-13.5%	2 M €	-1.5%	2 M €
Cash	68,6 k €	-30.8%	99,1 k €	-66.7%	297,5 k €	-14.3%	347,1 k €	+36.4%	254,4 k €
Debts	879 k €	-6.3%	937,9 k €	-36.4%	1,5 M €	+88.0%	784,3 k €	-18.9%	966,7 k €
Other
Workforce	6,8 ETP	-19.0%	8,4 ETP	+6.3%	7,9 ETP	-14.1%	9,2 ETP	+9.5%	8,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RMi CONSULTING0843.892.476Represented by René MICHEL	Director21/09/2018 → 20/09/2030Managing director22/02/2012 → 2021 accountsendedChairman of the board of directors22/02/2012 → 2012 accountsended
Bibo Tax & Accounting0802.979.757Represented by Jonathan BINOT	Managing director01/07/2023 → 21/09/2029Directorlisted until the 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NAPHE0893.862.423Represented by René MICHEL	Director20/09/2013 → 2020 accounts
Erwin SCHRÖDER	Director15/09/2017 → 2019 accounts

Other companies at this address

Werthplatz 11 4700 Eupen

Company	CBE no.
Bibo Tax & Accounting● Active	0802.979.757
THG BIBO● Active	1021.745.144
VEREINIGUNG DER MITEIGENTUMER DES IMMOBILIENKOMPLEXES DIE WERTHGARTEN - EUPEN● Active	0878.434.077

Full financial information

Source · NBB

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/10/2026	29/10/2025	16/10/2024	30/10/2023	26/10/2022	14/10/2021
General meeting	30/09/2026	30/09/2025	20/09/2024	30/09/2023	30/09/2022	17/09/2021
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
Abridged model	31/03/2026	30/09/2026	29/10/2026	German	PDF
Abridged model	31/03/2025	30/09/2025	29/10/2025	German	PDF
Abridged model	31/03/2024	20/09/2024	16/10/2024	German	PDF
Abridged model	31/03/2023	30/09/2023	30/10/2023	German	PDF
Abridged model	31/03/2022	30/09/2022	26/10/2022	German	PDF
Abridged model	31/03/2021	17/09/2021	14/10/2021	German	PDF
Abridged model	31/03/2020	17/09/2020	06/10/2020	German	PDF
Abridged model	31/03/2019	30/09/2019	24/10/2019	German	PDF
Abridged model	31/03/2018	21/09/2018	19/10/2018	German	PDF
Abridged model	31/03/2017	15/09/2017	13/10/2017	German	PDF
Abridged model	31/03/2016	16/09/2016	29/09/2016	German	PDF
Abridged model	31/03/2015	18/09/2015	30/10/2015	German	PDF
Abridged model	31/03/2014	19/09/2014	29/09/2014	German	PDF
Abridged model	31/03/2013	20/09/2013	28/10/2013	German	PDF
Abridged model	31/03/2012	21/09/2012	30/10/2012	German	PDF
Abridged model	31/03/2011	16/09/2011	09/11/2011	German	PDF
Abridged model	31/03/2010	17/09/2010	28/10/2010	German	PDF
Abridged model	31/03/2009	18/09/2009	29/10/2009	German	PDF
Abridged model	31/03/2008	19/09/2008	18/12/2008	German	PDF
Abridged model	31/03/2007	21/09/2007	27/09/2007	German	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/03/2026

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RMi CONSULTING0843.892.476Represented by René MICHEL	Director21/09/2018 → 20/09/2030Managing director22/02/2012 → 2021 accountsendedChairman of the board of directors22/02/2012 → 2012 accountsended
Bibo Tax & Accounting0802.979.757Represented by Jonathan BINOT	Managing director01/07/2023 → 21/09/2029Directorlisted until the 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
NAPHE0893.862.423Represented by René MICHEL	Director20/09/2013 → 2020 accounts
Erwin SCHRÖDER	Director15/09/2017 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/12/2024
ENTLASSUNG - ERNENNUNG
PDF
Capital / shares24/04/2024
KAPITAL - AKTIEN
PDF
Mandates09/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates02/02/2024
OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/01/2024
ENTLASSUNG - ERNENNUNG
PDF
Mandates13/07/2023
ENTLASSUNG - ERNENNUNG
PDF
Mandates25/03/2020
ENTLASSUNG - ERNENNUNG
PDF
Mandates04/02/2020
ENTLASSUNG - ERNENNUNG
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

Filings20 filings

Mandates

RMi CONSULTING

Bibo Tax & Accounting

NAPHE

Erwin SCHRÖDER

René MICHEL

Christian BOURCY

19992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

THG Eupen

Werthplatz 11, 4700 Eupen

DirectorManaging director

Managing director

Director

Managing directorChairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Werthplatz 11, 4700 EupenCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00571580

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
THG EupenCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00571580

Events

2026
Annual accounts 2026-46,8 k €↓
2025
Annual accounts 2025-7,2 k €↓
2024
Annual accounts 2024391,6 k €↑
2023
Annual accounts 2023165,9 k €↓
2022
Annual accounts 2022191,6 k €↑
2021
Annual accounts 2021121,2 k €↓
2020
Annual accounts 2020162,3 k €↓
2019
Annual accounts 2019299 k €↑
2018
Annual accounts 2018160,1 k €↑
2017
Annual accounts 2017103,7 k €↓
2016
Annual accounts 2016245,6 k €↑
2015
Annual accounts 201583,2 k €↑
2014
Annual accounts 201481 k €↓
2013
Annual accounts 201384,3 k €↑
2012
Annual accounts 201280,6 k €↑
2011
Annual accounts 201175,7 k €↓
2010
Annual accounts 201092,8 k €↑
2009
Annual accounts 200962,7 k €↑
2008
Annual accounts 200846,1 k €↓
2007
Annual accounts 2007140,3 k €
08/02/1999
IncorporationPublic limited company

THG Eupen

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