ACTIVE

THIACO

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Financial year 2025 · closed on 30/06/2025

Net result

75,2 k €

+25.0% YoY

Gross margin

238,8 k €

+19.5% YoY

Equity

163,2 k €

+85.5% YoY

What does THIACO do?

THIACO is a Private limited company incorporated in 2012. Its main activity is: Funeral and related activities. Its registered office is in Deinze.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0508.955.337

Incorporation

21/12/2012

Legal form

Private limited company

Registered office

Kouter 56
9800 Deinze · FlandreSee on map

Contributed capital

150 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

96031Funeral and related activities· main 96301Other personal service activities 56210Event catering activities 56210Event catering activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Signals

ProfitablePositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Gross margin	238,8 k €	+19.5%	199,9 k €	+17.4%	170,3 k €	+8.5%	156,9 k €	+17.7%	133,4 k €	-0.6%	134,1 k €	-4.2%	140,1 k €	+1.2%	138,4 k €	+1789%	7,3 k €	-72.2%	26,4 k €	+5.9%	24,9 k €	+143%	10,3 k €
EBITDA	230,6 k €	+20.0%	192,2 k €	+17.8%	163,1 k €	+8.8%	149,9 k €	+18.5%	126,5 k €	+0.6%	125,7 k €	-8.3%	137,1 k €	-0.1%	137,2 k €	+1989%	6,6 k €	-74.2%	25,5 k €	+7.0%	23,8 k €	+975%	-2,7 k €
Operating result	145,6 k €	+22.6%	118,7 k €	+385%	24,5 k €	-66.6%	73,3 k €	+37.5%	53,3 k €	+1.7%	52,4 k €	-8.8%	57,5 k €	+0.4%	57,3 k €	+772%	6,6 k €	-74.2%	25,5 k €	+157%	9,9 k €	+142%	-23,6 k €
Net result	75,2 k €	+25.0%	60,1 k €	+307%	-29,1 k €	-225%	23,2 k €	+1212%	1,8 k €	+647%	-323,1 €	-120%	1,6 k €	+202%	-1,6 k €	+90.3%	-16,4 k €	-234%	12,2 k €	+114%	-89,8 k €	-276%	-23,9 k €
Balance sheet
Equity	163,2 k €	+85.5%	88 k €	+216%	27,8 k €	-51.1%	56,9 k €	+68.9%	33,7 k €	+5.5%	31,9 k €	-1.0%	32,2 k €	+5.3%	30,6 k €	-4.9%	32,2 k €	-33.7%	48,6 k €	+33.5%	36,4 k €	-71.1%	126,1 k €
Total assets	2,8 M €	+3.7%	2,7 M €	-1.8%	2,7 M €	+14.6%	2,4 M €	-4.1%	2,5 M €	+3.2%	2,4 M €	-4.5%	2,5 M €	-2.3%	2,6 M €	+8.5%	2,4 M €	+140%	989 k €	+49.8%	660,2 k €	+1.7%	649,3 k €
Cash	28,5 k €	-40.3%	47,7 k €	+95.4%	24,4 k €	+145%	10 k €	-39.3%	16,4 k €	-1.7%	16,7 k €	-51.4%	34,3 k €	+225%	10,6 k €	-22.4%	13,6 k €	+93.9%	7 k €	+41.4%	5 k €	+248%	1,4 k €
Debts	2,6 M €	+0.9%	2,6 M €	-4.1%	2,7 M €	+16.2%	2,3 M €	-5.1%	2,4 M €	+3.2%	2,4 M €	-4.5%	2,5 M €	-2.4%	2,5 M €	+10.1%	2,3 M €	+145%	940,4 k €	+50.8%	623,8 k €	+19.2%	523,1 k €

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 · 4 active · 10 ended

Active mandates

Liesbet Tijtgat

Director

Active

Margaret De Boever

Director

Active

Patric Dhaeyere

Director

Active

Thomas Dhaeyere

Director

Active

Ended mandates

Margaret De Boever

Manager · since 17 janvier 2013

Ended

Patric Dhaeyere

Manager · since 17 janvier 2013

Ended

Thomas Dhaeyere

Manager · since 17 janvier 2013

Ended

Margaret De boever

Manager · since 13 janvier 2013

Ended

At this address

Other companies at this address

Company	CBE no.
De Boever-Dhaeyere● Active	0891.252.727

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	20/01/2026	23/01/2025	23/01/2024	30/01/2023	24/01/2022	29/01/2021
General meeting	01/12/2025	02/12/2024	04/12/2023	05/12/2022	06/12/2021	07/12/2020
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

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	01/12/2025	20/01/2026	Dutch	PDF
Micro model	30/06/2024	02/12/2024	23/01/2025	Dutch	PDF
Micro model	30/06/2023	04/12/2023	23/01/2024	Dutch	PDF
Micro model	30/06/2022	05/12/2022	30/01/2023	Dutch	PDF
Micro model	30/06/2021	06/12/2021	24/01/2022	Dutch	PDF
Micro model	30/06/2020	07/12/2020	29/01/2021	Dutch	PDF
Micro model	30/06/2019	02/12/2019	13/01/2020	Dutch	PDF
Micro model	30/06/2018	03/12/2018	03/01/2019	Dutch	PDF
Micro model	30/06/2017	04/12/2017	05/01/2018	Dutch	PDF
Abridged model	30/06/2016	05/12/2016	22/12/2016	Dutch	PDF
Abridged model	30/06/2015	07/12/2015	14/12/2015	Dutch	PDF
Abridged model	30/06/2014	01/12/2014	27/01/2015	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 · 4 active · 10 ended

Active mandates

Liesbet Tijtgat

Director

Active

Margaret De Boever

Director

Active

Patric Dhaeyere

Director

Active

Thomas Dhaeyere

Director

Active

Ended mandates

Margaret De Boever

Manager · since 17 janvier 2013

Ended

Patric Dhaeyere

Manager · since 17 janvier 2013

Ended

Thomas Dhaeyere

Manager · since 17 janvier 2013

Ended

Margaret De boever

Manager · since 13 janvier 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other22/11/2023
DIVERSEN
PDF
Mandates25/08/2023
WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other17/01/2013
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

2025
Annual accounts 202575,2 k €↑
2024
Annual accounts 202460,1 k €↑
2023
Annual accounts 2023-29,1 k €↓
2022
Annual accounts 202223,2 k €↑
2021
Annual accounts 20211,8 k €↑
2020
Annual accounts 2020-323,1 €↓
2019
Annual accounts 20191,6 k €↑
2018
Annual accounts 2018-1,6 k €↑
2017
Annual accounts 2017-16,4 k €↓
2016
Annual accounts 201612,2 k €↑
2015
Annual accounts 2015-89,8 k €↓
2014
Annual accounts 2014-23,9 k €
21/12/2012
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

THIACO

Overview

What does THIACO do?

Trend over 12 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