ACTIVE

THV

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Financial year 2024 · closed on 31/12/2024

Net result

55,5 k €

-42.4% YoY

Gross margin

90,9 k €

+98.6% YoY

Equity

147,1 k €

+60.6% YoY

What does THV do?

THV is a Private limited company incorporated in 2003. Its registered office is in Merelbeke-Melle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.308.276

Incorporation

28/01/2003

Legal form

Private limited company

Registered office

Ruspoel 8
9820 Merelbeke-Melle · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	90,9 k €	+98.6%	45,8 k €	-43.7%	81,4 k €	+117%	37,6 k €	+50.3%	25 k €	-48.8%	48,8 k €	-9.3%	53,7 k €	+28.1%	41,9 k €	-20.6%	52,8 k €	+13.2%	46,6 k €	+6.8%	43,7 k €	+5.4%	41,4 k €	+7.3%	38,6 k €	-4.7%	40,5 k €	-10.2%	45,1 k €	-2.3%	46,2 k €	-32.0%	67,9 k €
EBITDA	88,6 k €	+102%	43,9 k €	-44.7%	79,3 k €	+239%	23,4 k €	+0.8%	23,2 k €	-51.1%	47,4 k €	+111%	-419,5 k €	-1117%	41,3 k €	-18.5%	50,6 k €	+14.9%	44,1 k €	+6.4%	41,4 k €	+6.5%	38,9 k €	+8.5%	35,8 k €	+185%	12,6 k €	-4.0%	13,1 k €	-69.7%	43,2 k €	+52.7%	28,3 k €
Operating result	77,5 k €	-41.6%	132,6 k €	+93.8%	68,4 k €	+420%	13,2 k €	-39.1%	21,6 k €	-52.9%	45,8 k €	+111%	-420,5 k €	-1190%	38,6 k €	-14.2%	45 k €	+17.1%	38,4 k €	+7.4%	35,8 k €	+24.9%	28,6 k €	+12.2%	25,5 k €	+597%	3,7 k €	-44.1%	6,6 k €	-81.7%	35,9 k €	+83.3%	19,6 k €
Net result	55,5 k €	-42.4%	96,2 k €	+81.4%	53,1 k €	+473%	9,3 k €	-42.1%	16 k €	-55.3%	35,8 k €	+108%	-437,5 k €	-936%	52,3 k €	+2.2%	51,2 k €	+16.3%	44 k €	+4.6%	42,1 k €	+37.8%	30,6 k €	+33.9%	22,8 k €	+231%	6,9 k €	-22.7%	8,9 k €	-52.0%	18,6 k €	+60.5%	11,6 k €
Balance sheet
Equity	147,1 k €	+60.6%	91,6 k €	+5748%	1,6 k €	+103%	-51,5 k €	+34.2%	-78,2 k €	+17.0%	-94,2 k €	+22.1%	-121 k €	-138%	316,5 k €	+19.8%	264,2 k €	+24.1%	212,9 k €	+26.1%	168,9 k €	+33.2%	126,8 k €	+31.8%	96,2 k €	+31.1%	73,4 k €	+10.4%	66,5 k €	+15.5%	57,6 k €	+47.5%	39 k €
Total assets	161,5 k €	+29.8%	124,4 k €	-0.7%	125,3 k €	+72.6%	72,6 k €	+80.6%	40,2 k €	+11.0%	36,2 k €	+87.2%	19,3 k €	-95.8%	461,7 k €	+13.0%	408,6 k €	+13.2%	361,1 k €	+23.0%	293,6 k €	+14.9%	255,5 k €	+12.2%	227,7 k €	+16.0%	196,2 k €	+16.5%	168,4 k €	+36.5%	123,4 k €	+42.5%	86,6 k €
Cash	49 k €	+170%	18,1 k €	-60.4%	45,8 k €	+170%	16,9 k €	+732%	2 k €	-71.8%	7,2 k €	+183%	2,6 k €	+2975%	83,1 €	+18.7%	70 €	-85.4%	478,9 €	-81.1%	2,5 k €	+2285%	106 €	-93.9%	1,8 k €	-34.8%	2,7 k €	-72.3%	9,7 k €	+68.4%	5,8 k €	-51.7%	11,9 k €
Debts	14,4 k €	-56.1%	32,7 k €	+41.1%	23,2 k €	-1.5%	23,6 k €	+51.1%	15,6 k €	-47.9%	29,9 k €	-24.9%	39,8 k €	-10.9%	44,7 k €	+1.6%	44 k €	-7.8%	47,7 k €	+116%	22,1 k €	-15.4%	26,1 k €	-9.8%	28,9 k €	+31.9%	21,9 k €	-23.1%	28,5 k €	+0.3%	28,4 k €	+147%	11,5 k €

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 31/12/2024 · 2 active · 7 ended

Active mandates

Maryline Vergin

Director · since 01 janvier 2010

Active

Bartel Ter Haar

Director · since 24 janvier 2003

Active

Ended mandates

Marylin Vergin

Manager · since 01 janvier 2010

Ended

Maryline Vergin

Manager · since 01 janvier 2010

Ended

Bartel Ter Haar

Manager · since 24 janvier 2003

Ended

Bartel Ter Haar

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	23/06/2025	20/06/2024	18/07/2023	19/07/2022	30/06/2021	30/06/2020
General meeting	01/06/2025	01/06/2024	30/06/2023	30/06/2022	01/06/2021	02/06/2020
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
Micro model	31/12/2024	01/06/2025	23/06/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	20/06/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	18/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	19/07/2022	Dutch	PDF
Micro model	31/12/2020	01/06/2021	30/06/2021	Dutch	PDF
Micro model	31/12/2019	02/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	21/06/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	14/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	06/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	01/06/2014	17/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	21/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	06/06/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	01/06/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	01/06/2008	03/06/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	22/06/2007	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 31/12/2024 · 2 active · 7 ended

Active mandates

Maryline Vergin

Director · since 01 janvier 2010

Active

Bartel Ter Haar

Director · since 24 janvier 2003

Active

Ended mandates

Marylin Vergin

Manager · since 01 janvier 2010

Ended

Maryline Vergin

Manager · since 01 janvier 2010

Ended

Bartel Ter Haar

Manager · since 24 janvier 2003

Ended

Bartel Ter Haar

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/04/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other18/07/2005
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office23/11/2004
MAATSCHAPPELIJKE ZETEL
PDF
Other05/02/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202455,5 k €↓
2023
Annual accounts 202396,2 k €↑
2022
Annual accounts 202253,1 k €↑
2021
Annual accounts 20219,3 k €↓
2019
Annual accounts 201916 k €↓
2018
Annual accounts 201835,8 k €↑
2017
Annual accounts 2017-437,5 k €↓
2016
Annual accounts 201652,3 k €↑
2015
Annual accounts 201551,2 k €↑
2014
Annual accounts 201444 k €↑
2013
Annual accounts 201342,1 k €↑
2012
Annual accounts 201230,6 k €↑
2011
Annual accounts 201122,8 k €↑
2010
Annual accounts 20106,9 k €↓
2009
Annual accounts 20098,9 k €↓
2008
Annual accounts 200818,6 k €↑
2007
Annual accounts 200711,6 k €
28/01/2003
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

THV

Overview

What does THV do?

Trend over 17 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