ACTIVE

THB IMMO

Financial year 2025 · closed on 31/12/2025
Net result
-61,6 k €
-367.4% YoY
Gross margin
414,1 k €
-15.0% YoY
Equity
1,1 M €
-5.1% YoY

What does THB IMMO do?

THB IMMO is a Public limited company incorporated in 2016. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Awans.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0661.846.539
Incorporation
31/08/2016
Legal form
Public limited company
Registered office
Rue de Bruxelles 10 box 15
4340 Awans · WallonieSee on map
Contributed capital
1 150 000,00 €
Latest accounts
31/12/2025
Signals
Positive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin414,1 k €487,4 k €492,6 k €461,4 k €241,5 k €205,4 k €184,3 k €199,9 k €69,6 k €
EBITDA374,5 k €453,3 k €459,8 k €420,1 k €206,1 k €92,4 k €151,1 k €186,5 k €66,4 k €
Operating result56,8 k €135,6 k €134,6 k €133,4 k €64,1 k €-49,9 k €37,7 k €84,6 k €-7,5 k €
Net result-61,6 k €23 k €19,5 k €10,4 k €646,4 €8 k €14 k €31,1 k €-50,6 k €
Balance sheet
Equity1,1 M €1,2 M €1,2 M €1,2 M €1,2 M €252,5 k €244,5 k €230,5 k €199,4 k €
Total assets6,2 M €6,6 M €7,2 M €7 M €6,5 M €3,5 M €3,1 M €2,5 M €1,9 M €
Cash13,4 k €537,5 €945,3 €35,1 k €341,6 k €32,4 k €4 k €587,8 €8,8 k €
Debts5,1 M €5,4 M €6 M €5,8 M €5,3 M €3,3 M €2,8 M €2,2 M €1,7 M €
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 31/12/2025 · 4 active · 7 ended

Active mandates

INVEST FOR JOBS

Director · since 09 novembre 2021 · 0644.590.437

Represented by Christophe Picard

Active
NOSHAQ IMMO

Director · since 09 novembre 2021 · 0428.590.738

Represented by Marie Braun

Active
Roberto Navarro Guanipa

Director · since 09 novembre 2021

Active
Thomas Memurlin

Director · since 09 novembre 2021

Active

Ended mandates

NOSHAQ

Director · since 31 août 2016 · until 16 juin 2022 · 0426.624.509

Represented by Didier PENELLE

Ended
NOSHAQ

Director · since 31 août 2016 · until 16 juin 2022 · 0426.624.509

Represented by Marie Braun

Ended
Roberto Navarro Guanipa

Director · since 31 août 2016 · until 16 juin 2022

Ended
Thomas Memurlin

Director · since 31 août 2016 · until 16 juin 2022

Ended
At this address

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THBActive
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VITABULLEActive
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ZANIMOActive
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date24/08/202614/08/202519/08/202429/07/202307/07/202231/08/2021
General meeting18/06/202611/06/202520/06/202415/06/202316/06/202217/06/2021
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 model31/12/202518/06/202624/08/2026FrenchPDF
Micro model31/12/202411/06/202514/08/2025FrenchPDF
Micro model31/12/202320/06/202419/08/2024FrenchPDF
Micro model31/12/202215/06/202329/07/2023FrenchPDF
Micro model31/12/202116/06/202207/07/2022FrenchPDF
Micro model31/12/202017/06/202131/08/2021FrenchPDF
Micro model31/12/201925/08/202003/09/2020FrenchPDF
Micro model31/12/201820/06/201930/06/2019FrenchPDF
Micro model31/12/201721/06/201803/07/2018FrenchPDF
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 31/12/2025 · 4 active · 7 ended

Active mandates

INVEST FOR JOBS

Director · since 09 novembre 2021 · 0644.590.437

Represented by Christophe Picard

Active
NOSHAQ IMMO

Director · since 09 novembre 2021 · 0428.590.738

Represented by Marie Braun

Active
Roberto Navarro Guanipa

Director · since 09 novembre 2021

Active
Thomas Memurlin

Director · since 09 novembre 2021

Active

Ended mandates

NOSHAQ

Director · since 31 août 2016 · until 16 juin 2022 · 0426.624.509

Represented by Didier PENELLE

Ended
NOSHAQ

Director · since 31 août 2016 · until 16 juin 2022 · 0426.624.509

Represented by Marie Braun

Ended
Roberto Navarro Guanipa

Director · since 31 août 2016 · until 16 juin 2022

Ended
Thomas Memurlin

Director · since 31 août 2016 · until 16 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other25/11/2025
    OBJET
    PDF
  • Mandates17/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/11/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/12/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other02/09/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-61,6 k €
  2. 2024
    Annual accounts 202423 k €
  3. 2023
    Annual accounts 202319,5 k €
  4. 2022
    Annual accounts 202210,4 k €
  5. 2021
    Annual accounts 2021646,4 €
  6. 2020
    Annual accounts 20208 k €
  7. 2019
    Annual accounts 201914 k €
  8. 2018
    Annual accounts 201831,1 k €
  9. 2017
    Annual accounts 2017-50,6 k €
  10. 31/08/2016
    IncorporationPublic limited company