NORMAL SITUATION

THI

Financial year 2023 · closed on 21/12/2023
Net result
5,3 k €
-79.0% YoY
Gross margin
34,9 k €
-12.1% YoY
Equity
130,2 k €
+4.2% YoY

Company — Normal situation.

What does THI do?

THI is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0703.987.101
Legal form
Public limited company
Contributed capital
120 000,00 €
Latest accounts
21/12/2023
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20232022202120202019
Income statement
Gross margin34,9 k €39,7 k €-1,1 k €2,4 k €-12,9 k €
EBITDA31,9 k €39,4 k €-1,4 k €2,1 k €-13,6 k €
Operating result7 k €13,8 k €-1,4 k €2,1 k €-13,6 k €
Net result5,3 k €25,1 k €-4,4 k €-704 €-15 k €
Balance sheet
Equity130,2 k €124,9 k €99,8 k €104,3 k €105 k €
Total assets148,3 k €152,3 k €128,1 k €229,4 k €242,5 k €
Cash14,6 k €50,2 k €57,8 €101,5 k €114,8 k €
Debts18 k €27,4 k €28,3 k €125,1 k €137,5 k €
Governance

Board of directors

Seen on filing of 21/12/2023 · 1 active · 5 ended

Active mandates

GOA MANAGEMENT

Managing director · since 30 août 2018 · until 21 décembre 2023 · 0892.409.797

Represented by Guy Henckaerts

Active

Ended mandates

GOA MANAGEMENT

Managing director · since 30 août 2018 · until 31 mai 2024 · 0892.409.797

Represented by Guy Henckaerts

Ended
HDW CONSULT

Director · since 30 août 2018 · until 18 janvier 2022 · 0524.942.620

Represented by Hannes De Wachter

Ended
HDW CONSULT

Director · since 30 août 2018 · until 31 mai 2024 · 0524.942.620

Represented by Hannes De Wachter

Ended
Mertens-Van der Stappen

Director · since 30 août 2018 · until 18 janvier 2022 · 0552.899.208

Represented by Ivo Mertens

Ended
Annual accounts

Full financial information

20232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202030/08/2018
Closing of the financial year21/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months17 months
Filing date25/03/202405/06/202330/06/202230/06/202130/06/2020
General meeting21/12/202302/06/202303/06/202204/06/202105/06/2020
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model21/12/202321/12/202325/03/2024DutchPDF
Micro model31/12/202202/06/202305/06/2023DutchPDF
Micro model31/12/202103/06/202230/06/2022DutchPDF
Micro model31/12/202004/06/202130/06/2021DutchPDF
Micro model31/12/201905/06/202030/06/2020DutchPDF
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 21/12/2023 · 1 active · 5 ended

Active mandates

GOA MANAGEMENT

Managing director · since 30 août 2018 · until 21 décembre 2023 · 0892.409.797

Represented by Guy Henckaerts

Active

Ended mandates

GOA MANAGEMENT

Managing director · since 30 août 2018 · until 31 mai 2024 · 0892.409.797

Represented by Guy Henckaerts

Ended
HDW CONSULT

Director · since 30 août 2018 · until 18 janvier 2022 · 0524.942.620

Represented by Hannes De Wachter

Ended
HDW CONSULT

Director · since 30 août 2018 · until 31 mai 2024 · 0524.942.620

Represented by Hannes De Wachter

Ended
Mertens-Van der Stappen

Director · since 30 août 2018 · until 18 janvier 2022 · 0552.899.208

Represented by Ivo Mertens

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 20235,3 k €
  2. 2022
    Annual accounts 202225,1 k €
  3. 2021
    Annual accounts 2021-4,4 k €
  4. 2020
    Annual accounts 2020-704 €
  5. 2019
    Annual accounts 2019-15 k €