ACTIVE

THERMOBRASS

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Financial year 2025 · Closed on 31/12/2025

Net result208,5 k €+21,6 %over 1 year

Gross margin582,5 k €+18,0 %over 1 year

Equity2,1 M €-11,8 %over 1 year

Workforce3,5 ETP-25,5 %over 1 year

Identity

Source · BCE/KBO

THERMOBRASS is a Private limited company incorporated in 2001. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Aarschot. It employs on average 3,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0476.398.276
Incorporation: 21/12/2001
Legal form: Private limited company
Registered office: Nieuwlandlaan 59 box B131
3200 Aarschot · FlandreSee on map
Contributed capital: 112 500,00 €
Latest accounts: 31/12/2025
Average workforce: 3,5 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 46741Wholesale of hardware, plumbing and heating equipment and supplies 46841Wholesale trade, except of motor vehicles and motorcycles 51460Air transport

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	582,5 k €	+18.0%	493,5 k €	-41.8%	848,4 k €	+30.8%	648,5 k €	-34.2%	985,8 k €
EBITDA	279,8 k €	-2.4%	286,6 k €	-51.7%	593,9 k €	+43.8%	413,1 k €	-47.1%	781,4 k €
Operating result	181,5 k €	-15.6%	215 k €	-58.7%	521 k €	+46.0%	356,7 k €	-51.2%	731,8 k €
Net result	208,5 k €	+21.6%	171,5 k €	-55.7%	386,9 k €	+55.1%	249,4 k €	-51.3%	512,4 k €
Balance sheet
Equity	2,1 M €	-11.8%	2,4 M €	+4.7%	2,3 M €	+20.1%	1,9 M €	+14.9%	1,7 M €
Total assets	3,6 M €	+21.7%	2,9 M €	-8.5%	3,2 M €	+29.0%	2,5 M €	-7.7%	2,7 M €
Cash	339,3 k €	+30.3%	260,5 k €	-53.3%	558,2 k €	+72.7%	323,2 k €	-57.7%	763,3 k €
Debts	1,1 M €	+129%	479,7 k €	-21.1%	607,9 k €	+15.1%	528 k €	-38.6%	859,3 k €
Other
Workforce	3,5 ETP	-25.5%	4,7 ETP	+27.0%	3,7 ETP	-21.3%	4,7 ETP	-100.0%	190 060,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

Benjamin Joseph Wouters

Director · until 30 décembre 2025

Active

WO3LF

Director · 0884.091.751

Represented by Maarten Wouters

Active

Ended mandates

Marcel Wouters

Manager · since 02 mai 2007

Ended

Benjamin Wouters

Manager · since 21 décembre 2001

Ended

Ben Wouters

Manager

Ended

Benjamin Joseph Wouters

Director

Ended

Full financial information

Source · NBB

	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	29/07/2026	29/08/2025	30/08/2024	01/09/2023	31/08/2022	31/08/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	31/05/2023	31/05/2022	31/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	29/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	31/05/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	31/05/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/08/2020	03/11/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	16/11/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	23/12/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	30/12/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	09/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	09/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	13/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	28/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

Benjamin Joseph Wouters

Director · until 30 décembre 2025

Active

WO3LF

Director · 0884.091.751

Represented by Maarten Wouters

Active

Ended mandates

Marcel Wouters

Manager · since 02 mai 2007

Ended

Benjamin Wouters

Manager · since 21 décembre 2001

Ended

Ben Wouters

Manager

Ended

Benjamin Joseph Wouters

Director

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/11/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/05/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/02/2007
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025208,5 k €↑
2024
Annual accounts 2024171,5 k €↓
2023
Annual accounts 2023386,9 k €↑
2022
Annual accounts 2022249,4 k €↓
2021
Annual accounts 2021512,4 k €↑
2020
Annual accounts 2020356,2 k €↑
2019
Annual accounts 2019108 k €↑
2018
Annual accounts 201863,1 k €↓
2017
Annual accounts 201782,6 k €↑
2016
Annual accounts 201644,8 k €↑
2015
Annual accounts 20154 k €↓
2014
Annual accounts 201420,5 k €↓
2013
Annual accounts 201337,5 k €↑
2012
Annual accounts 201231,8 k €↓
2011
Annual accounts 201154,3 k €↑
2010
Annual accounts 201039,7 k €↑
2009
Annual accounts 2009-36,8 k €↓
2008
Annual accounts 2008-6,1 k €↓
2007
Annual accounts 200744,7 k €↑
2006
Annual accounts 200635,7 k €
21/12/2001
IncorporationPrivate limited company

THERMOBRASS

Overview

Identity

Financials

Valuation

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

Timeline