VOLUNTARY DISSOLUTION - LIQUIDATION

THEODORUS III

Financial year 2024 · closed on 31/12/2024
Net result
28,4 M €
+5312.0% YoY
Gross margin
-6,4 M €
-1827.5% YoY
Equity
163,5 k €
-94.7% YoY

Company — Voluntary dissolution - liquidation.

What does THEODORUS III do?

THEODORUS III is a Public limited company incorporated in 2013. Its registered office is in Anderlecht.

Legal situation
Voluntary dissolution - liquidation
BCE/KBO no. / VAT
BE 0535.803.353
Incorporation
19/06/2013
Legal form
Public limited company
Registered office
Allée de la Recherche 12
1070 Anderlecht · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2024
Signals
ProfitablePositive cashflow
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20242023202220212020201920182017201620152014
Income statement
Gross margin-6,4 M €-331,8 k €-322,5 k €-317,1 k €-326 k €-318,3 k €-434 k €-529,2 k €-508,8 k €-522,2 k €-655 k €
EBITDA-6,4 M €-332,8 k €-323,4 k €-318 k €-327 k €-319,2 k €-435,9 k €-529,2 k €-509,7 k €-522,7 k €-655,8 k €
Operating result-6,5 M €-332,8 k €-323,4 k €-318 k €-327 k €-322,5 k €-451,7 k €-562,4 k €-542,9 k €-555,9 k €-703,2 k €
Net result28,4 M €-544,4 k €-693,5 k €376,4 k €112,6 k €867,5 k €-409,3 k €1,5 M €-779,1 k €-520,2 k €-660,3 k €
Balance sheet
Equity163,5 k €3,1 M €3,3 M €4 M €6,6 M €7,1 M €9,2 M €9,7 M €8,2 M €5,9 M €4,1 M €
Total assets909,1 k €3,2 M €3,4 M €4,2 M €6,9 M €8,3 M €9,4 M €9,9 M €8,2 M €5,9 M €4,1 M €
Cash622,6 k €394,2 k €179,2 k €485,2 k €566,8 k €2,1 M €3,2 M €5 M €1,5 M €1,8 M €2,2 M €
Debts620,6 k €140,3 k €143,3 k €174,6 k €244,6 k €1,1 M €132,8 k €222,3 k €10,7 k €25,4 k €10 k €
Governance

Board of directors

Seen on filing of 31/12/2024 · 10 active · 53 ended

Active mandates

IMPACTHEO

Director · since 29 juin 2023 · until 31 mars 2025 · 0859.775.138

Represented by Muriel De Lathouwer

Active
50°NORTH VENTURES

Managing director · since 12 juillet 2019 · until 31 mars 2025 · 0507.740.263

Represented by André Ostachkov

Active
AXA HOLDINGS BELGIUM

Director · since 12 juillet 2019 · until 31 mars 2025 · 0403.292.346

Represented by Pascal Dumont

Active
BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM

Director · since 12 juillet 2019 · until 31 mars 2025 · 0421.883.286

Represented by Patricia Terryn

Active
Daniele Carati

Chairman of the board of directors · since 12 juillet 2019 · until 31 mars 2025

Active
finance&invest.brussels

Director · since 12 juillet 2019 · until 31 mars 2025 · 0426.936.986

Represented by Barbara ROOSE

Active
SAMBRINVEST SPIN-OFF/SPIN-OUT

Director · since 12 juillet 2019 · until 31 mars 2025 · 0884.341.575

Represented by Helena Pozios

Active
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 12 juillet 2019 · until 31 mars 2025 · 0253.445.063

Represented by Matthieu De Posch

Active
Sofina

Director · since 12 juillet 2019 · until 31 mars 2025 · 0403.219.397

Represented by Giula Van Waeyenberge

Active
THEODIRIS

Director · since 12 juillet 2019 · until 31 mars 2025 · 0628.957.304

Represented by Yannick Hallet

Active

Ended mandates

IMPACTHEO

Director · since 29 juin 2023 · until 04 juin 2025 · 0859.775.138

Represented by Muriel De Lathouwer

Ended
50°NORTH VENTURES

Managing director · since 12 juillet 2019 · until 04 juin 2025 · 0507.740.263

Represented by André Ostachkov

Ended
50°NORTH VENTURES

Managing director · since 12 juillet 2019 · until 12 juillet 2025 · 0507.740.263

Represented by Geoffroy De Myttenaere

Ended
50°NORTH VENTURES

Managing director · since 12 juillet 2019 · until 12 juillet 2025 · 0507.740.263

Represented by Olivier BELENGER

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/05/202504/10/202428/09/202324/06/202230/08/202110/09/2020
General meeting31/03/202526/06/202429/06/202303/06/202207/06/202118/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202431/03/202515/05/2025FrenchPDF
Abridged model31/12/202326/06/202404/10/2024FrenchPDF
Abridged model31/12/202229/06/202328/09/2023FrenchPDF
Abridged model31/12/202103/06/202224/06/2022FrenchPDF
Abridged model31/12/202007/06/202130/08/2021FrenchPDF
Abridged model31/12/201918/06/202010/09/2020FrenchPDF
Abridged model31/12/201812/07/201929/08/2019FrenchPDF
Abridged model31/12/201712/07/201809/08/2018FrenchPDF
Abridged model31/12/201627/06/201725/07/2017FrenchPDF
Abridged model31/12/201511/07/201625/07/2016FrenchPDF
Abridged model31/12/201416/07/201505/08/2015FrenchPDF
Estimate

Indicative valuation

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 · 10 active · 53 ended

Active mandates

IMPACTHEO

Director · since 29 juin 2023 · until 31 mars 2025 · 0859.775.138

Represented by Muriel De Lathouwer

Active
50°NORTH VENTURES

Managing director · since 12 juillet 2019 · until 31 mars 2025 · 0507.740.263

Represented by André Ostachkov

Active
AXA HOLDINGS BELGIUM

Director · since 12 juillet 2019 · until 31 mars 2025 · 0403.292.346

Represented by Pascal Dumont

Active
BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM

Director · since 12 juillet 2019 · until 31 mars 2025 · 0421.883.286

Represented by Patricia Terryn

Active
Daniele Carati

Chairman of the board of directors · since 12 juillet 2019 · until 31 mars 2025

Active
finance&invest.brussels

Director · since 12 juillet 2019 · until 31 mars 2025 · 0426.936.986

Represented by Barbara ROOSE

Active
SAMBRINVEST SPIN-OFF/SPIN-OUT

Director · since 12 juillet 2019 · until 31 mars 2025 · 0884.341.575

Represented by Helena Pozios

Active
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 12 juillet 2019 · until 31 mars 2025 · 0253.445.063

Represented by Matthieu De Posch

Active
Sofina

Director · since 12 juillet 2019 · until 31 mars 2025 · 0403.219.397

Represented by Giula Van Waeyenberge

Active
THEODIRIS

Director · since 12 juillet 2019 · until 31 mars 2025 · 0628.957.304

Represented by Yannick Hallet

Active

Ended mandates

IMPACTHEO

Director · since 29 juin 2023 · until 04 juin 2025 · 0859.775.138

Represented by Muriel De Lathouwer

Ended
50°NORTH VENTURES

Managing director · since 12 juillet 2019 · until 04 juin 2025 · 0507.740.263

Represented by André Ostachkov

Ended
50°NORTH VENTURES

Managing director · since 12 juillet 2019 · until 12 juillet 2025 · 0507.740.263

Represented by Geoffroy De Myttenaere

Ended
50°NORTH VENTURES

Managing director · since 12 juillet 2019 · until 12 juillet 2025 · 0507.740.263

Represented by Olivier BELENGER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/05/2025
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares20/08/2024
    CAPITAL, ACTIONS
    PDF
  • Mandates08/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/10/2021
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates13/10/2021
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2024
    Annual accounts 202428,4 M €
  2. 2024
    Name changeTHEODORUS III ( en liquidation)
  3. 2023
    Annual accounts 2023-544,4 k €
  4. 2022
    Annual accounts 2022-693,5 k €
  5. 2021
    Annual accounts 2021376,4 k €
  6. 2020
    Annual accounts 2020112,6 k €
  7. 2019
    Annual accounts 2019867,5 k €
  8. 2018
    Annual accounts 2018-409,3 k €
  9. 2017
    Annual accounts 20171,5 M €
  10. 2016
    Annual accounts 2016-779,1 k €
  11. 2015
    Annual accounts 2015-520,2 k €
  12. 2014
    Annual accounts 2014-660,3 k €
  13. 2014
    Name changeTHEODORUS III
  14. 19/06/2013
    IncorporationPublic limited company