ACTIVE

THAANN ENGINEERING

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Financial year 2025 · closed on 31/12/2025

Net result

124 k €

-72.4% YoY

Gross margin

653,6 k €

-30.9% YoY

Equity

1,9 M €

+4.3% YoY

Workforce

2,0 ETP

-16.7% YoY

What does THAANN ENGINEERING do?

THAANN ENGINEERING is a Private limited company incorporated in 2001. Its main activity is: Remediation activities and other waste management services. Its registered office is in Lokeren. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.345.818

Incorporation

18/12/2001

Legal form

Private limited company

Registered office

Brandstraat 2
9160 Lokeren · FlandreSee on map

Contributed capital

93 600,00 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Activities (NACE)

39000Remediation activities and other waste management services· main 39000Remediation activities and other waste management services 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74203Photographic activities 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.+1

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	653,6 k €	-30.9%	945,5 k €	+117%	436,1 k €	-79.5%	2,1 M €	+193%	726,5 k €	+15.0%	631,7 k €	-13.3%	728,4 k €	+3.8%	702 k €	+18.6%	591,7 k €	-9.1%	650,8 k €	+20.4%	540,8 k €	-18.2%	660,8 k €	+22.6%	539,2 k €	-0.5%	541,9 k €	+9.3%	496 k €	+16.7%	425 k €	+1.2%	420 k €	+15.6%	363,3 k €
EBITDA	446,9 k €	-41.1%	758,4 k €	+169%	281,9 k €	-85.3%	1,9 M €	+392%	391,5 k €	+27.3%	307,6 k €	-32.5%	455,7 k €	+46.8%	310,5 k €	+44.4%	215,1 k €	-21.4%	273,6 k €	-10.1%	304,3 k €	-19.4%	377,3 k €	+39.8%	269,8 k €	+27.6%	211,5 k €	+0.8%	209,7 k €	+3.7%	202,2 k €	-10.8%	226,7 k €	-17.0%	273,2 k €
Operating result	233,5 k €	-56.5%	537,3 k €	+577%	79,3 k €	-95.0%	1,6 M €	+790%	179,6 k €	+58.1%	113,6 k €	-55.7%	256,2 k €	+121%	115,9 k €	+589%	-23,7 k €	-137%	64,2 k €	-27.5%	88,6 k €	-58.0%	211 k €	+125%	93,8 k €	+44.8%	64,8 k €	+10.6%	58,6 k €	-15.1%	69 k €	-21.5%	87,9 k €	-41.9%	151,3 k €
Net result	124 k €	-72.4%	449 k €	+722%	54,6 k €	-93.9%	892,3 k €	+790%	100,2 k €	+13.1%	88,6 k €	-47.5%	168,7 k €	+500%	28,1 k €	+139%	-72,4 k €	-369%	26,9 k €	+1389%	1,8 k €	-98.4%	114,2 k €	+209%	-105,1 k €	-276%	-27,9 k €	-654%	5 k €	+108%	-61,9 k €	-47.0%	-42,1 k €	-149%	85,4 k €
Balance sheet
Equity	1,9 M €	+4.3%	1,8 M €	+30.7%	1,4 M €	+2.1%	1,4 M €	+102%	677,4 k €	+17.1%	578,3 k €	+17.8%	490,9 k €	+51.8%	323,3 k €	+9.2%	296,1 k €	-19.6%	368,5 k €	+7.9%	341,6 k €	+29.0%	264,8 k €	+75.8%	150,6 k €	-23.1%	195,7 k €	-21.3%	248,7 k €	+2.1%	243,6 k €	-20.3%	305,6 k €	-7.8%	331,3 k €
Total assets	3,5 M €	+12.9%	3,1 M €	+13.0%	2,7 M €	-5.3%	2,9 M €	-16.9%	3,5 M €	-2.4%	3,6 M €	+16.5%	3,1 M €	+8.8%	2,8 M €	+1.6%	2,8 M €	+0.9%	2,7 M €	-3.2%	2,8 M €	+87.6%	1,5 M €	+1.6%	1,5 M €	-3.6%	1,5 M €	-3.7%	1,6 M €	+25.9%	1,3 M €	-12.9%	1,5 M €	+29.1%	1,1 M €
Cash	436 k €	-20.1%	545,5 k €	+341%	123,7 k €	-53.9%	268,4 k €	-7.0%	288,5 k €	-24.8%	383,9 k €	+53.7%	249,7 k €	+7.9%	231,4 k €	+38.6%	167 k €	+174%	60,9 k €	-52.4%	128 k €	+4.1%	123 k €	+48.3%	83 k €	+45.8%	56,9 k €	+9050%	622 €	-98.7%	48,5 k €	+396%	9,8 k €		–
Debts	1,6 M €	+25.2%	1,3 M €	-5.6%	1,3 M €	-12.0%	1,5 M €	-45.7%	2,8 M €	-6.2%	3 M €	+16.2%	2,6 M €	+3.2%	2,5 M €	+0.7%	2,5 M €	+4.0%	2,4 M €	-4.7%	2,5 M €	+100%	1,2 M €	-6.8%	1,3 M €	-0.7%	1,3 M €	-0.4%	1,4 M €	+31.5%	1 M €	-11.0%	1,2 M €	+44.4%	799,3 k €
Other
Workforce	2,0 ETP	-16.7%	2,4 ETP	+14.3%	2,1 ETP	-30.0%	3,0 ETP	-50.0%	6,0 ETP	+3.4%	5,8 ETP	+5.5%	5,5 ETP	-8.3%	6,0 ETP	-26.8%	8,2 ETP		–		5,5 ETP	+7.8%	5,1 ETP	-1.9%	5,2 ETP	-16.1%	6,2 ETP	-10.1%	6,9 ETP	+40.8%	4,9 ETP	+25.6%	3,9 ETP	+160%	1,5 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 31/12/2025 · 1 active · 3 ended

Active mandates

Nathan Verstraete

Director

Active

Ended mandates

Nathan Verstraete

Manager

Ended

Sarah Colpaert

Director

Ended

Sarah Colpaert

Manager

Ended

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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/06/2026	30/09/2025	02/07/2024	13/09/2023	16/06/2022	25/05/2021
General meeting	13/06/2026	29/09/2025	24/05/2024	12/09/2023	14/05/2022	08/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/06/2026	27/06/2026	Dutch	PDF
Abridged model	31/12/2024	29/09/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	24/05/2024	02/07/2024	Dutch	PDF
Abridged model	31/12/2022	12/09/2023	13/09/2023	Dutch	PDF
Abridged model	31/12/2021	14/05/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	08/05/2021	25/05/2021	Dutch	PDF
Abridged model	31/12/2019	09/05/2020	11/05/2020	Dutch	PDF
Abridged model	31/12/2018	23/07/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	12/05/2018	12/06/2018	Dutch	PDF
Micro model	31/12/2016	13/05/2017	26/05/2017	Dutch	PDF
Abridged model	31/12/2015	14/05/2016	30/05/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	15/06/2015	Dutch	PDF
Abridged model	31/12/2013	28/05/2014	23/06/2014	Dutch	PDF
Abridged model	31/12/2012	11/05/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	13/05/2011	27/05/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	09/05/2009	25/05/2009	Dutch	PDF
Abridged model	31/12/2007	10/05/2008	06/06/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	15/06/2007	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 31/12/2025 · 1 active · 3 ended

Active mandates

Nathan Verstraete

Director

Active

Ended mandates

Nathan Verstraete

Manager

Ended

Sarah Colpaert

Director

Ended

Sarah Colpaert

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/06/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/03/2022
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares07/04/2015
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other28/01/2014
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/02/2009
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares16/04/2007
DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - 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

2025
Annual accounts 2025124 k €↓
2024
Annual accounts 2024449 k €↑
2023
Annual accounts 202354,6 k €↓
2022
Annual accounts 2022892,3 k €↑
2021
Annual accounts 2021100,2 k €↑
2020
Annual accounts 202088,6 k €↓
2019
Annual accounts 2019168,7 k €↑
2018
Annual accounts 201828,1 k €↑
2017
Annual accounts 2017-72,4 k €↓
2016
Annual accounts 201626,9 k €↑
2015
Annual accounts 20151,8 k €↓
2014
Annual accounts 2014114,2 k €↑
2013
Annual accounts 2013-105,1 k €↓
2012
Annual accounts 2012-27,9 k €↓
2011
Annual accounts 20115 k €↑
2010
Annual accounts 2010-61,9 k €↓
2009
Annual accounts 2009-42,1 k €↓
2008
Annual accounts 200885,4 k €
18/12/2001
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

THAANN ENGINEERING

Overview

What does THAANN ENGINEERING do?

Trend over 18 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