Thines Horizon
0637.782.423 · rovalta.com · 25/09/2026
ACTIVE
Thines Horizon
Financial year 2025 · Closed on 31/12/2025
Net result-3,4 M €-13 589,3 %over 1 year
Gross margin30,3 k €+234,3 %over 1 year
Equity-1,1 M €-149,4 %over 1 year
Overview
Identity
Source · BCE/KBOThines Horizon is a Public limited company incorporated in 2015. Its main activity is: Development of building projects. Its registered office is in Etterbeek.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0637.782.423
- Incorporation
- 15/09/2015
- Legal form
- Public limited company
- Registered office
- Avenue de Tervueren 43
1040 Etterbeek · BruxellesSee on map - Contributed capital
- 2 500 000,00 €
- Latest accounts
- 31/12/2025
Financials
Source · NBB, 10 filingsTrend over 10 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 30,3 k € | +234% | -22,6 k € | -72.3% | -13,1 k € | +18.8% | -16,1 k € | +93.3% | -240,6 k € |
| EBITDA | -3,4 M € | -14078% | -24,1 k € | -71.5% | -14,1 k € | +17.3% | -17 k € | +93.0% | -242,4 k € |
| Operating result | -3,4 M € | -12582% | -27 k € | -58.9% | -17 k € | +15.5% | -20,1 k € | +91.7% | -242,9 k € |
| Net result | -3,4 M € | -13589% | -25 k € | -66.7% | -15 k € | +17.2% | -18,1 k € | +90.3% | -187,5 k € |
| Balance sheet | |||||||||
| Equity | -1,1 M € | -149% | 2,3 M € | -1.1% | 2,3 M € | -0.7% | 2,3 M € | -0.5% | 2,3 M € |
| Total assets | 14,3 M € | -24.0% | 18,8 M € | +8.4% | 17,4 M € | +13.0% | 15,4 M € | +8.4% | 14,2 M € |
| Cash | 169,8 k € | +407% | 33,5 k € | -56.0% | 76,2 k € | +481% | 13,1 k € | -25.5% | 17,6 k € |
| Debts | 15,4 M € | -6.5% | 16,5 M € | +9.7% | 15,1 M € | +15.5% | 13 M € | +10.4% | 11,8 M € |
Board of directors
Source · NBB, accounts to 31/12/20254 active · 4 ended
Active mandates
Alain Willy Joseph BRAIVE
ActiveActive
Active
Ended mandates
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Financials
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 | 13/07/2026 | 29/08/2025 | 29/07/2024 | 30/08/2023 | 08/08/2022 | 29/07/2021 |
| General meeting | 23/06/2026 | 19/08/2025 | 24/07/2024 | 31/07/2023 | 28/07/2022 | 11/05/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 10 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 23/06/2026 | 13/07/2026 | French | |
| Abridged model | 31/12/2024 | 19/08/2025 | 29/08/2025 | French | |
| Abridged model | 31/12/2023 | 24/07/2024 | 29/07/2024 | French | |
| Abridged model | 31/12/2022 | 31/07/2023 | 30/08/2023 | French | |
| Abridged model | 31/12/2021 | 28/07/2022 | 08/08/2022 | French | |
| Abridged model | 31/12/2020 | 11/05/2021 | 29/07/2021 | French | |
| Abridged model | 31/12/2019 | 12/05/2020 | 31/07/2020 | French | |
| Abridged model | 31/12/2018 | 14/05/2019 | 26/07/2019 | French | |
| Abridged model | 31/12/2017 | 08/05/2018 | 27/07/2018 | French | |
| Abridged model | 31/12/2016 | 09/05/2017 | 27/07/2017 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20254 active · 4 ended
Active mandates
Alain Willy Joseph BRAIVE
ActiveActive
Active
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates21/10/2025STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Registered office29/12/2023SIEGE SOCIAL
- Mandates03/01/2022DEMISSIONS, NOMINATIONS
- Mandates04/06/2021DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Capital / shares30/10/2015CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Other17/09/2015RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-3,4 M €↓
- 2025Name changeThines Horizon
- 2024Annual accounts 2024-25 k €↓
- 2023Annual accounts 2023-15 k €↑
- 2022Annual accounts 2022-18,1 k €↑
- 2021Annual accounts 2021-187,5 k €↓
- 2021Name changeMotown Thines
- 2020Annual accounts 20202 k €↑
- 2019Annual accounts 20191,4 k €↓
- 2018Annual accounts 20182,5 k €↓
- 2017Annual accounts 201711,9 k €↓
- 2016Annual accounts 201616,3 k €
- 15/09/2015IncorporationPublic limited company