ACTIVE

THODES

Financial year 2025 · closed on 31/12/2025
Net result
-139,5 k €
-4912.5% YoY
Gross margin
35,9 k €
-41.8% YoY
Equity
437,8 k €
-24.2% YoY

What does THODES do?

THODES is a Private limited company incorporated in 2016. Its main activity is: Activities of holding companies. Its registered office is in Oostkamp.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0650.586.423
Incorporation
18/03/2016
Legal form
Private limited company
Registered office
Beundreef 16
8020 Oostkamp · FlandreSee on map
Contributed capital
375 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin35,9 k €61,8 k €246 k €46,6 k €32,3 k €8,5 k €17,7 k €-11,4 k €65,7 k €
EBITDA34 k €59,5 k €244,3 k €41,8 k €30,2 k €6,8 k €16,8 k €-12,1 k €64,4 k €
Operating result22 k €48,5 k €235,3 k €39,1 k €26,7 k €-3,9 k €6,5 k €-23,3 k €44,8 k €
Net result-139,5 k €2,9 k €24,6 k €18,2 k €307,9 k €-8 k €5,8 k €-154,2 k €28,1 k €
Balance sheet
Equity437,8 k €577,3 k €574,4 k €724,8 k €706,5 k €421,8 k €429,7 k €274 k €78,1 k €
Total assets669,1 k €841 k €888,5 k €1 M €830,7 k €542,6 k €480,5 k €335,1 k €297,4 k €
Cash2,2 k €29,3 k €99,8 k €255,9 k €303,9 k €96 k €124 k €86,4 k €26 k €
Debts216,7 k €245,1 k €304,8 k €291,3 k €120,2 k €117,7 k €50,7 k €61,1 k €219,3 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 31/12/2025 · 1 active · 2 ended

Active mandates

Thomas Desimpel

Director · since 18 mars 2016

Active

Ended mandates

Thomas Desimpel

Director

Ended
Thomas Desimpel

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
0805.694.371
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/05/202604/06/202517/06/202426/06/202331/05/202223/07/2021
General meeting07/05/202608/05/202525/05/202427/05/202309/05/202230/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202507/05/202620/05/2026DutchPDF
Micro model31/12/202408/05/202504/06/2025DutchPDF
Abridged model31/12/202325/05/202417/06/2024DutchPDF
Abridged model31/12/202227/05/202326/06/2023DutchPDF
Abridged model31/12/202109/05/202231/05/2022DutchPDF
Abridged model31/12/202030/06/202123/07/2021DutchPDF
Micro model31/12/201930/05/202030/07/2020DutchPDF
Micro model31/12/201825/05/201928/08/2019DutchPDF
Micro model31/12/201726/05/201826/07/2018DutchPDF
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 31/12/2025 · 1 active · 2 ended

Active mandates

Thomas Desimpel

Director · since 18 mars 2016

Active

Ended mandates

Thomas Desimpel

Director

Ended
Thomas Desimpel

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares19/12/2019
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares20/12/2018
    KAPITAAL - AANDELEN
    PDF
  • Other22/03/2016
    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

Timeline

  1. 2025
    Annual accounts 2025-139,5 k €
  2. 2024
    Annual accounts 20242,9 k €
  3. 2023
    Annual accounts 202324,6 k €
  4. 2022
    Annual accounts 202218,2 k €
  5. 2021
    Annual accounts 2021307,9 k €
  6. 2020
    Annual accounts 2020-8 k €
  7. 2019
    Annual accounts 20195,8 k €
  8. 2018
    Annual accounts 2018-154,2 k €
  9. 2017
    Annual accounts 201728,1 k €
  10. 18/03/2016
    IncorporationPrivate limited company