ACTIVE

THRICON

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Financial year 2025 · closed on 31/12/2025

Net result

72,2 k €

-35.1% YoY

Gross margin

495,1 k €

-14.1% YoY

Equity

356,6 k €

-2.1% YoY

Workforce

3,7 ETP

-5.1% YoY

What does THRICON do?

THRICON is a Private limited company incorporated in 2016. Its main activity is: Wholesale of hardware, plumbing and heating equipment and supplies. Its registered office is in Hamont-Achel. It employs on average 3,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0647.790.051

Incorporation

03/02/2016

Legal form

Private limited company

Registered office

Remise 3
3930 Hamont-Achel · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

3,7 ETP

Activities (NACE)

46742Wholesale of hardware, plumbing and heating equipment and supplies· main 46842Wholesale trade, except of motor vehicles and motorcycles 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 43350Building completion and finishing 43390Other building completion and finishing+2

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	495,1 k €	-14.1%	576,4 k €	-34.0%	873,8 k €	-7.9%	948,7 k €	+59.7%	594,2 k €	+52.9%	388,5 k €	+72.6%	225,1 k €	+76.8%	127,3 k €	+43.4%	88,7 k €
EBITDA	251,2 k €	-22.1%	322,4 k €	-49.8%	642,4 k €	-11.1%	722,6 k €	+101%	359,8 k €	+81.8%	197,9 k €	+22.2%	161,9 k €	+52.4%	106,2 k €	+23.8%	85,8 k €
Operating result	107,6 k €	-39.5%	177,8 k €	-65.1%	508,9 k €	-11.7%	576,1 k €	+128%	252,5 k €	+142%	104,3 k €	-6.4%	111,4 k €	+57.4%	70,8 k €	+120%	32,2 k €
Net result	72,2 k €	-35.1%	111,2 k €	-67.5%	341,8 k €	-27.0%	468,6 k €	+106%	227,5 k €	+180%	81,3 k €	+2.4%	79,4 k €	+56.5%	50,7 k €	+101%	25,3 k €
Balance sheet
Equity	356,6 k €	-2.1%	364,1 k €	-69.1%	1,2 M €	+40.3%	840,5 k €	+73.7%	484 k €	+87.5%	258,1 k €	+52.3%	169,5 k €	+84.7%	91,8 k €	+115%	42,7 k €
Total assets	1,4 M €	-28.0%	1,9 M €	-19.6%	2,4 M €	+13.6%	2,1 M €	+3.5%	2,1 M €	+46.8%	1,4 M €	+158%	543,9 k €	+55.0%	351 k €	+42.8%	245,9 k €
Cash	123,9 k €	-79.5%	604,2 k €	-11.8%	684,9 k €	+23.3%	555,7 k €	+74.7%	318,1 k €	+24.7%	255,1 k €	+137%	107,7 k €	-12.1%	122,5 k €	+158%	47,5 k €
Debts	1 M €	-34.0%	1,6 M €	+27.5%	1,2 M €	-2.9%	1,3 M €	-18.8%	1,6 M €	+37.6%	1,1 M €	+205%	374,4 k €	+44.4%	259,3 k €	+27.6%	203,2 k €
Other
Workforce	3,7 ETP	-5.1%	3,9 ETP	-2.5%	4,0 ETP	+33.3%	3,0 ETP	+3.4%	2,9 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

ENGRO

Director · 0798.486.083

Represented by Ludo Engelen

Active

Lizi Groenen

Director

Active

Ended mandates

Lizi Groenen

Manager · since 03 février 2016 · until 01 juillet 2016

Ended

Ludo Engelen

Manager · since 03 février 2016

Ended

ENGRO

Director · 0798.486.083

Represented by Ludo Engelen

Ended

Ludo Alfons Engelen

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ThriconElektro● Active	0768.729.156

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	03/08/2026	04/06/2025	01/06/2024	16/08/2023	22/08/2022	31/08/2021
General meeting	29/05/2026	03/06/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	03/08/2026	Dutch	PDF
Abridged model	31/12/2024	03/06/2025	04/06/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	01/06/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	16/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	22/08/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	31/08/2018	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

ENGRO

Director · 0798.486.083

Represented by Ludo Engelen

Active

Lizi Groenen

Director

Active

Ended mandates

Lizi Groenen

Manager · since 03 février 2016 · until 01 juillet 2016

Ended

Ludo Engelen

Manager · since 03 février 2016

Ended

ENGRO

Director · 0798.486.083

Represented by Ludo Engelen

Ended

Ludo Alfons Engelen

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office07/02/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/12/2023
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other16/12/2016
BOEKJAAR
PDF
Mandates07/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other05/02/2016
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 202572,2 k €↓
2024
Annual accounts 2024111,2 k €↓
2023
Annual accounts 2023341,8 k €↓
2022
Annual accounts 2022468,6 k €↑
2021
Annual accounts 2021227,5 k €↑
2020
Annual accounts 202081,3 k €↑
2019
Annual accounts 201979,4 k €↑
2018
Annual accounts 201850,7 k €↑
2017
Annual accounts 201725,3 k €
03/02/2016
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

THRICON

Overview

What does THRICON do?

Trend over 9 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