ACTIVE

THOLEN

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Financial year 2024 · closed on 31/12/2024

Net result

143,2 k €

+388.3% YoY

Gross margin

816,2 k €

+47.4% YoY

Equity

515 k €

+38.5% YoY

Workforce

7,5 ETP

+38.9% YoY

What does THOLEN do?

THOLEN is a Private limited company incorporated in 1999. Its registered office is in Bree. It employs on average 7,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.918.813

Incorporation

28/04/1999

Legal form

Private limited company

Registered office

Industrieterrein Kanaal-Noord 1649
3960 Bree · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2024

Average workforce

7,5 ETP

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	816,2 k €	+47.4%	553,8 k €	-14.1%	644,5 k €	+44.3%	446,7 k €	-9.7%	494,5 k €	+7.4%	460,5 k €	-32.4%	681,2 k €	+10.1%	618,7 k €	+94.6%	318 k €	-15.6%	376,6 k €	-10.5%	420,6 k €	+189%	145,3 k €	-45.0%	264,4 k €	-15.2%	311,9 k €	-8.7%	341,6 k €	+0.8%	338,9 k €	+18.6%	285,8 k €	+22.6%	233,1 k €
EBITDA	382,8 k €	+60.5%	238,5 k €	-10.3%	265,9 k €	+63.1%	163 k €	-6.1%	173,6 k €	+17.7%	147,4 k €	-59.3%	362 k €	+6.3%	340,5 k €	+87.6%	181,5 k €	-25.8%	244,6 k €	-25.5%	328,5 k €	+213%	105 k €	-46.4%	196 k €	+4.4%	187,9 k €	-21.5%	239,4 k €	+14.2%	209,6 k €	+1.7%	206,1 k €	+22.0%	168,9 k €
Operating result	208 k €	+274%	55,6 k €	-37.3%	88,7 k €	+181%	31,5 k €	-38.5%	51,3 k €	+51950%	-99 €	-100%	156,1 k €	+121%	70,6 k €	+3554%	1,9 k €	-91.2%	22,1 k €	-84.1%	139 k €	+2072%	6,4 k €	-83.1%	37,9 k €	+189%	13,1 k €	-70.9%	45 k €	+130%	19,5 k €	+782%	2,2 k €	-95.0%	43,9 k €
Net result	143,2 k €	+388%	29,3 k €	-50.4%	59,1 k €	+157%	23 k €	+26.4%	18,2 k €	+245%	-12,5 k €	-114%	88,3 k €	+397%	17,8 k €	+276%	-10,1 k €	-700%	1,7 k €	-98.2%	91,8 k €	+9338%	973 €	-96.5%	27,9 k €	+4259%	641 €	-96.4%	17,7 k €	+404%	-5,8 k €	-34.1%	-4,4 k €	-106%	69,4 k €
Balance sheet
Equity	515 k €	+38.5%	371,8 k €	-9.9%	412,5 k €	+16.7%	353,4 k €	+7.0%	330,4 k €	+5.8%	312,2 k €	-6.4%	333,6 k €	+36.0%	245,3 k €	+7.8%	227,5 k €	-4.2%	237,6 k €	+0.7%	235,9 k €	+33.4%	176,8 k €	+0.6%	175,9 k €	+18.9%	147,9 k €	+0.4%	147,3 k €	+13.7%	129,5 k €	-5.3%	136,8 k €	-3.1%	141,2 k €
Total assets	1,6 M €	+17.9%	1,3 M €	-11.0%	1,5 M €	-4.8%	1,6 M €	+22.5%	1,3 M €	-1.8%	1,3 M €	+7.7%	1,2 M €	+1.8%	1,2 M €	+34.5%	893,7 k €	-6.6%	956,7 k €	+18.1%	810 k €	+48.6%	545,2 k €	+4.7%	520,7 k €	-14.6%	609,8 k €	-3.1%	629,2 k €	-3.6%	652,4 k €	-12.0%	741,2 k €	+30.5%	567,8 k €
Cash	238,8 k €	+121%	108,1 k €	-73.1%	401,9 k €	-2.3%	411,6 k €	-24.2%	542,7 k €	+9.0%	497,7 k €	+2.2%	487,2 k €	-0.3%	488,9 k €	+26.6%	386,2 k €	+10.6%	349,2 k €	+24.8%	279,8 k €	+127%	123,5 k €	-7.6%	133,7 k €	+9.6%	122 k €	+66.3%	73,3 k €	-20.9%	92,7 k €	-13.3%	106,9 k €	+55.1%	68,9 k €
Debts	967,3 k €	-0.5%	972 k €	-10.5%	1,1 M €	-11.3%	1,2 M €	+27.4%	961,5 k €	-4.3%	1 M €	+12.9%	889,4 k €	-7.0%	956,3 k €	+45.1%	659 k €	-6.3%	703,6 k €	+28.0%	549,5 k €	+51.7%	362,2 k €	+7.7%	336,3 k €	-26.0%	454,5 k €	-4.4%	475,4 k €	-8.1%	517,1 k €	-13.2%	596 k €	+43.5%	415,3 k €
Other
Workforce	7,5 ETP	+38.9%	5,4 ETP	-11.5%	6,1 ETP	+3.4%	5,9 ETP	-3.3%	6,1 ETP	-9.0%	6,7 ETP	-2.9%	6,9 ETP	+60.5%	4,3 ETP	+43.3%	3,0 ETP	-9.1%	3,3 ETP	+22.2%	2,7 ETP	+238%	0,8 ETP	-46.7%	1,5 ETP	-40.0%	2,5 ETP	+4.2%	2,4 ETP	-27.3%	3,3 ETP	+94.1%	1,7 ETP	+30.8%	1,3 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 31/12/2024 · 2 active · 5 ended

Active mandates

JACOBUS THOLEN

Director

Active

JOHAN THOLEN

Director

Active

Ended mandates

Johan Tholen

Manager · since 12 avril 1999

Ended

Geert Tholen

Manager

Ended

GEERT THOLEN

Director

Ended

JACOBUS THOLEN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ELKOPLAST● Active	0424.743.402

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/09/2025	31/08/2024	31/08/2023	31/08/2022	31/08/2021	23/12/2020
General meeting	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	10/09/2020
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	31/12/2024	30/06/2025	09/09/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	31/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	10/09/2020	23/12/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	29/11/2018	Dutch	PDF
Abridged model	30/06/2016	16/12/2016	31/03/2017	Dutch	PDF
Abridged model	30/06/2015	18/12/2015	29/01/2016	Dutch	PDF
Abridged model	30/06/2014	19/12/2014	30/01/2015	Dutch	PDF
Abridged model	30/06/2013	13/12/2013	11/08/2014	Dutch	PDF
Abridged model	30/06/2012	14/12/2012	24/04/2013	Dutch	PDF
Abridged model	30/06/2011	16/12/2011	24/04/2013	Dutch	PDF
Abridged model	30/06/2010	17/12/2010	31/01/2011	Dutch	PDF
Abridged model	30/06/2009	18/12/2009	12/01/2010	Dutch	PDF
Abridged model	30/06/2008	19/12/2008	09/01/2009	Dutch	PDF
Abridged model	30/06/2007	21/12/2007	17/01/2008	Dutch	PDF
Abridged model	30/06/2006	15/12/2006	12/01/2007	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 31/12/2024 · 2 active · 5 ended

Active mandates

JACOBUS THOLEN

Director

Active

JOHAN THOLEN

Director

Active

Ended mandates

Johan Tholen

Manager · since 12 avril 1999

Ended

Geert Tholen

Manager

Ended

GEERT THOLEN

Director

Ended

JACOBUS THOLEN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/12/2021
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Other12/07/2017
ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares17/07/2014
KAPITAAL - AANDELEN
PDF
Mandates18/12/2009
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2024
Annual accounts 2024143,2 k €↑
2023
Annual accounts 202329,3 k €↓
2023
Name changeTHOLEN
2022
Annual accounts 202259,1 k €↑
2021
Annual accounts 202123 k €↑
2021
Name changeTHOLEN GROND- EN AFBRAAKWERKEN
2020
Annual accounts 202018,2 k €↑
2019
Annual accounts 2019-12,5 k €↓
2018
Annual accounts 201888,3 k €↑
2017
Annual accounts 201717,8 k €↑
2016
Annual accounts 2016-10,1 k €↓
2015
Annual accounts 20151,7 k €↓
2014
Annual accounts 201491,8 k €↑
2013
Annual accounts 2013973 €↓
2012
Annual accounts 201227,9 k €↑
2011
Annual accounts 2011641 €↓
2010
Annual accounts 201017,7 k €↑
2009
Annual accounts 2009-5,8 k €↓
2008
Annual accounts 2008-4,4 k €↓
2007
Annual accounts 200769,4 k €
28/04/1999
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

THOLEN

Overview

What does THOLEN do?

Trend over 18 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