ACTIVE

Thebe

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Financial year 2025 · closed on 31/12/2025

Net result

-84,6 k €

-188.5% YoY

Gross margin

335,3 k €

-36.7% YoY

Equity

324,3 k €

-20.7% YoY

Workforce

6,9 ETP

-2.8% YoY

What does Thebe do?

Thebe is a Non-profit organization incorporated in 1999. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Maasmechelen. It employs on average 6,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0469.524.639

Incorporation

28/06/1999

Legal form

Non-profit organization

Registered office

Oude Baan(M) 205 box B
3630 Maasmechelen · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

6,9 ETP

Activities (NACE)

91330Libraries, archives, museums and other cultural activities· main 94991Activities of other membership organisations n.e.c.94991Activities of other membership organisations n.e.c.

Joint committees (1)

32901

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 5 financial years

	2025		2024		2010		2009		2008
Income statement
Gross margin	335,3 k €	-36.7%	529,6 k €	+15.5%	458,6 k €	+6.3%	431,2 k €	+15.5%	373,3 k €
EBITDA	-86,3 k €	-190%	95,5 k €	+620%	-18,4 k €	-380%	-3,8 k €	-4199%	93,2 €
Operating result	-86,3 k €	-190%	95,5 k €	+433%	-28,6 k €	-237%	-8,5 k €	-66.7%	-5,1 k €
Net result	-84,6 k €	-189%	95,6 k €	+8139%	1,2 k €	-86.9%	8,9 k €	+50.3%	5,9 k €
Balance sheet
Equity	324,3 k €	-20.7%	408,9 k €	+226%	125,6 k €	+0.9%	124,4 k €	+7.7%	115,6 k €
Total assets	403,6 k €	-13.9%	468,5 k €	+119%	214,2 k €	+3.8%	206,2 k €	-0.2%	206,6 k €
Cash	390 k €	+5.0%	371,5 k €	+501%	61,8 k €	-14.7%	72,5 k €	-20.0%	90,6 k €
Debts	77,6 k €	+30.2%	59,6 k €	-32.7%	88,6 k €	+8.3%	81,8 k €	-10.1%	91 k €
Other
Workforce	6,9 ETP	-2.8%	7,1 ETP	-45.4%	13,0 ETP	+13.0%	11,5 ETP	+5.5%	10,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 18 active · 8 ended

Active mandates

Alice Deckers

Mandate

Active

Alyssa Gallo

Mandate

Active

Bernd Smeets

Mandate

Active

Corrie Bemelmans

Mandate

Active

Daan Deckers

Mandate

Active

Indra Przeniczka

Mandate

Active

Jessica Van Gestel

Mandate

Active

Johan Wolk

Mandate

Active

Katelijn Ramakers

Mandate

Active

Kiko Dirkx

Mandate

Active

Koen Albregts

Mandate

Active

Marie Claire Ramaekers

Mandate

Active

Muhammet Alakus

Mandate

Active

Peter Kellens

Mandate

Active

Ronny Westhovens

Mandate

Active

Sara Klimczak

Mandate

Active

Stefan Thorez

Mandate

Active

Zehra Kokiran

Mandate

Active

Ended mandates

DEBBY GOUDELIS

Director

Ended

EDDY BEUTEN

Director

Ended

ELLEN HUNGENAERT

Director

Ended

HELGA PLETZERS

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2010	2009	2008
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2010	01/01/2009	01/01/2008
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2010	31/12/2009	31/12/2008
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/07/2026	24/03/2026	30/01/2026	27/09/2011	26/09/2011	30/07/2009
General meeting	04/06/2026	30/06/2025	30/06/2024	28/06/2011	28/06/2010	30/06/2009
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

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/06/2026	29/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	24/03/2026	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	30/01/2026	Dutch	PDF
Abridged model	31/12/2010	28/06/2011	27/09/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	26/09/2011	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 18 active · 8 ended

Active mandates

Alice Deckers

Mandate

Active

Alyssa Gallo

Mandate

Active

Bernd Smeets

Mandate

Active

Corrie Bemelmans

Mandate

Active

Daan Deckers

Mandate

Active

Indra Przeniczka

Mandate

Active

Jessica Van Gestel

Mandate

Active

Johan Wolk

Mandate

Active

Katelijn Ramakers

Mandate

Active

Kiko Dirkx

Mandate

Active

Koen Albregts

Mandate

Active

Marie Claire Ramaekers

Mandate

Active

Muhammet Alakus

Mandate

Active

Peter Kellens

Mandate

Active

Ronny Westhovens

Mandate

Active

Sara Klimczak

Mandate

Active

Stefan Thorez

Mandate

Active

Zehra Kokiran

Mandate

Active

Ended mandates

DEBBY GOUDELIS

Director

Ended

EDDY BEUTEN

Director

Ended

ELLEN HUNGENAERT

Director

Ended

HELGA PLETZERS

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other13/08/2025
Op haar algemene vergadering van 30 juni 2025 werd besloten conform de statuten en doelstellingen van
PDF
Other21/05/2025
Wijziging Bestuursorgaan
PDF
Other02/04/2025
Kennisname vervanging vaste vertegenwoordiger commissaris
PDF
Other18/10/2024
Samenstelling Bestuursorgaan
PDF
Mandates11/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other21/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other14/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office19/07/2021
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 2025-84,6 k €↓
2024
Annual accounts 202495,6 k €↑
2010
Annual accounts 20101,2 k €↓
2009
Annual accounts 20098,9 k €↑
2008
Annual accounts 20085,9 k €
28/06/1999
IncorporationNon-profit organization

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

Thebe

Overview

What does Thebe do?

Trend over 5 financial years

Indicative valuation

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