ACTIVE

THIALE

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Financial year 2025 · closed on 30/06/2025

Net result

2,1 k €

+210.9% YoY

Gross margin

95,5 k €

+41.5% YoY

Equity

1,2 M €

+0.2% YoY

Workforce

1,0 ETP

0.0% YoY

What does THIALE do?

THIALE is a Public limited company incorporated in 2001. Its registered office is in Kuurne. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.281.975

Incorporation

11/12/2001

Legal form

Public limited company

Registered office

Industrielaan 20
8520 Kuurne · FlandreSee on map

Contributed capital

630 000,00 €

Latest accounts

30/06/2025

Average workforce

1,0 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	95,5 k €	+41.5%	67,5 k €	+48.7%	45,4 k €	+43.7%	31,6 k €	-17.6%	38,3 k €	+20.6%	31,8 k €	-19.5%	39,5 k €	+9.5%	36,1 k €	+5.9%	34,1 k €	+3.9%	32,8 k €	-13.4%	37,9 k €	-28.4%	52,9 k €	+42.6%	37,1 k €	-49.0%	72,7 k €	-0.9%	73,3 k €	+29.8%	56,5 k €	-1.3%	57,2 k €	-50.0%	114,4 k €	+0.0%	114,4 k €
EBITDA	24,7 k €	+39587%	62,2 €	-98.4%	4 k €	+308%	-1,9 k €	-111%	17,5 k €	+797%	1,9 k €	-59.6%	4,8 k €	+7.8%	4,5 k €	+41.3%	3,2 k €	+248%	909,5 €	-87.0%	7 k €	-64.3%	19,6 k €	+28.2%	15,3 k €	+139%	6,4 k €	-65.0%	18,3 k €	+11.7%	16,4 k €	-29.0%	23,1 k €	-74.6%	90,7 k €	-0.2%	90,9 k €
Operating result	23,6 k €	+2483%	-992,3 €	-134%	2,9 k €	+198%	-3 k €	-118%	16,4 k €	+1738%	892,8 €	-75.7%	3,7 k €	+11.3%	3,3 k €	+67.9%	2 k €	+198%	659,4 €	-90.5%	7 k €	-64.4%	19,6 k €	+28.4%	15,2 k €	+140%	6,4 k €	-64.5%	17,9 k €	+12.6%	15,9 k €	-28.6%	22,3 k €	-75.1%	89,4 k €	-0.9%	90,2 k €
Net result	2,1 k €	+211%	-1,9 k €	-332%	806,1 €	+119%	-4,1 k €	-142%	9,8 k €	+972%	-1,1 k €	-196%	-379,8 €	-487%	98,2 €	-46.8%	184,4 €	+137%	77,9 €	-98.3%	4,5 k €	-73.2%	16,6 k €	+79.6%	9,2 k €	+1862%	471,3 €	-95.0%	9,4 k €	+23.6%	7,6 k €	-13.8%	8,8 k €	-56.0%	20 k €	-72.2%	71,9 k €
Balance sheet
Equity	1,2 M €	+0.2%	1,2 M €	-0.2%	1,2 M €	+0.1%	1,2 M €	-0.4%	1,2 M €	+0.9%	1,1 M €	-0.1%	1,1 M €	-0.0%	1,1 M €	+0.0%	1,1 M €	+0.0%	1,1 M €	+0.0%	1,1 M €	+0.3%	1,1 M €	+0.3%	1,1 M €	+0.8%	1,1 M €	+0.0%	1,1 M €	+0.8%	1,1 M €	+0.7%	1,1 M €	+0.8%	1,1 M €	+1.8%	1,1 M €
Total assets	2,5 M €	+0.8%	2,5 M €	+5.5%	2,3 M €	-2.0%	2,4 M €	-13.8%	2,8 M €	-3.3%	2,9 M €	+1.1%	2,8 M €	+4.0%	2,7 M €	+4.9%	2,6 M €	+4.8%	2,5 M €	+0.6%	2,5 M €	+14.2%	2,2 M €	-2.3%	2,2 M €	-1.0%	2,2 M €	-0.2%	2,2 M €	+4.0%	2,2 M €	-1.6%	2,2 M €	+0.3%	2,2 M €	-4.1%	2,3 M €
Cash	5,1 k €	-21.3%	6,4 k €	+1.3%	6,4 k €	-12.1%	7,2 k €	+463%	1,3 k €	+79.9%	715,1 €	-86.9%	5,4 k €	+21.8%	4,5 k €	+1878%	225,9 €	-62.8%	607,3 €	+204%	200 €	+936%	19,3 €	+62.7%	11,9 €		–		–		–		69,2 €	-95.1%	1,4 k €	-98.8%	119,7 k €
Debts	1,3 M €	+1.3%	1,3 M €	+11.0%	1,2 M €	-4.0%	1,2 M €	-23.5%	1,6 M €	-6.1%	1,7 M €	+1.9%	1,7 M €	+6.9%	1,6 M €	+8.7%	1,5 M €	+8.9%	1,3 M €	+1.1%	1,3 M €	+29.8%	1 M €	-5.1%	1,1 M €	-2.8%	1,1 M €	-0.5%	1,1 M €	+7.5%	1 M €	-4.0%	1,1 M €	-0.3%	1,1 M €	-9.5%	1,2 M €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-47.4%	1,9 ETP	+11.8%	1,7 ETP	+88.9%	0,9 ETP	+12.5%	0,8 ETP	+33.3%	0,6 ETP	0.0%	0,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 16 ended

Active mandates

Sabine BRAEM

Director · since 18 août 2021

Active

Ended mandates

Sabine BRAEM

Director · since 18 mai 2021

Ended

ISATI.architectuur

Director · since 14 janvier 2019 · until 08 décembre 2023 · 0670.705.906

Represented by Thibault FLORIN

Ended

ISATI.architectuur

Director · since 14 janvier 2019 · until 08 décembre 2023 · 0670.705.906

Represented by Thibault FLORIN

Ended

ISATI.architectuur

Director · since 14 janvier 2019 · until 08 décembre 2023 · 0670.705.906

Represented by Thibault FLORIN

Ended

At this address

Other companies at this address

Company	CBE no.
FLORIN FINEERHANDEL● Active	0405.340.135

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/01/2026	31/01/2025	29/01/2024	24/01/2023	25/01/2022	27/01/2021
General meeting	12/12/2025	13/12/2024	08/12/2023	09/12/2022	10/12/2021	11/12/2020
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	30/06/2025	12/12/2025	27/01/2026	Dutch	PDF
Abridged model	30/06/2024	13/12/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2023	08/12/2023	29/01/2024	Dutch	PDF
Abridged model	30/06/2022	09/12/2022	24/01/2023	Dutch	PDF
Abridged model	30/06/2021	10/12/2021	25/01/2022	Dutch	PDF
Abridged model	30/06/2020	11/12/2020	27/01/2021	Dutch	PDF
Abridged model	30/06/2019	24/12/2020	28/12/2020	Dutch	PDF
Abridged model	30/06/2018	14/12/2018	15/02/2019	Dutch	PDF
Abridged model	30/06/2017	16/03/2018	20/03/2018	Dutch	PDF
Abridged model	30/06/2016	25/09/2017	28/09/2017	Dutch	PDF
Abridged model	30/06/2015	16/05/2016	24/05/2016	Dutch	PDF
Abridged model	30/06/2014	12/12/2014	30/12/2014	Dutch	PDF
Abridged model	30/06/2013	18/01/2014	14/02/2014	Dutch	PDF
Abridged model	30/06/2012	14/01/2013	11/02/2013	Dutch	PDF
Abridged model	30/06/2011	09/12/2011	14/12/2011	Dutch	PDF
Abridged model	30/06/2010	10/12/2010	10/01/2011	Dutch	PDF
Abridged model	30/06/2009	11/12/2009	05/01/2010	Dutch	PDF
Abridged model	30/06/2008	12/12/2008	05/01/2009	Dutch	PDF
Abridged model	30/06/2007	07/12/2007	10/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/06/2025 · 1 active · 16 ended

Active mandates

Sabine BRAEM

Director · since 18 août 2021

Active

Ended mandates

Sabine BRAEM

Director · since 18 mai 2021

Ended

ISATI.architectuur

Director · since 14 janvier 2019 · until 08 décembre 2023 · 0670.705.906

Represented by Thibault FLORIN

Ended

ISATI.architectuur

Director · since 14 janvier 2019 · until 08 décembre 2023 · 0670.705.906

Represented by Thibault FLORIN

Ended

ISATI.architectuur

Director · since 14 janvier 2019 · until 08 décembre 2023 · 0670.705.906

Represented by Thibault FLORIN

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/09/2008
ONTSLAGEN - BENOEMINGEN
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 20252,1 k €↑
2024
Annual accounts 2024-1,9 k €↓
2023
Annual accounts 2023806,1 €↑
2022
Annual accounts 2022-4,1 k €↓
2021
Annual accounts 20219,8 k €↑
2020
Annual accounts 2020-1,1 k €↓
2019
Annual accounts 2019-379,8 €↓
2018
Annual accounts 201898,2 €↓
2017
Annual accounts 2017184,4 €↑
2016
Annual accounts 201677,9 €↓
2015
Annual accounts 20154,5 k €↓
2014
Annual accounts 201416,6 k €↑
2013
Annual accounts 20139,2 k €↑
2012
Annual accounts 2012471,3 €↓
2011
Annual accounts 20119,4 k €↑
2010
Annual accounts 20107,6 k €↓
2009
Annual accounts 20098,8 k €↓
2008
Annual accounts 200820 k €↓
2007
Annual accounts 200771,9 k €
11/12/2001
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

THIALE

Overview

What does THIALE 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