ACTIVE

THING

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Financial year 2025 · closed on 31/12/2025
Net result
78,3 k €
-13.9% YoY
Gross margin
141 k €
-15.0% YoY
Equity
430,5 k €
+17.6% YoY

What does THING do?

THING is a Private limited company incorporated in 2019. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0720.642.692
Incorporation
12/02/2019
Legal form
Private limited company
Registered office
Westergemstraat 218
9032 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin141 k €165,9 k €89 k €112,6 k €65,9 k €43,7 k €106,6 k €
EBITDA139,2 k €164,6 k €77,5 k €93,3 k €64,1 k €42,6 k €105,8 k €
Operating result108,4 k €135,8 k €54,4 k €77,5 k €55,4 k €42,6 k €97,9 k €
Net result78,3 k €90,9 k €37,8 k €54,6 k €49,8 k €36,5 k €97,8 k €
Balance sheet
Equity430,5 k €366 k €280,1 k €229,9 k €175,3 k €125,5 k €104 k €
Total assets670,4 k €667,7 k €542,4 k €475,5 k €412,4 k €193,2 k €121,7 k €
Cash95,4 k €86,2 k €64,8 k €64 k €48 k €25 k €1,2 k €
Debts237,4 k €299,2 k €259,8 k €242,1 k €237,1 k €67,6 k €17,7 k €
Other
Workforce–0,0 ETP0,3 ETP0,4 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Freya Meirsman

Director · since 15 janvier 2024

Active
Jeroen Van de Wiele

Director

Active

Ended mandates

Freya Meirsman

Director · since 11 février 2019

Ended
Freya Meirsman

Manager · since 11 février 2019

Ended
Jeroen Van De Wiele

Manager · since 11 février 2019 · until 24 juin 2019

Ended
Freya Meirsman

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
eMense● Active
0750.629.451
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date10/08/202629/08/202530/08/202431/08/202330/11/202206/09/2021
General meeting10/07/202620/06/202523/08/202405/08/202329/11/202218/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection31/12/202510/07/202610/08/2026DutchPDF
Abridged model31/12/202510/07/202628/07/2026DutchPDF
Abridged model31/12/202420/06/202529/08/2025DutchPDF
Abridged model31/12/202323/08/202430/08/2024DutchPDF
Abridged model31/12/202205/08/202331/08/2023DutchPDF
Micro model31/12/202129/11/202230/11/2022DutchPDF
Micro model31/12/202018/06/202106/09/2021DutchPDF
Micro model31/12/201919/06/202030/11/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

Freya Meirsman

Director · since 15 janvier 2024

Active
Jeroen Van de Wiele

Director

Active

Ended mandates

Freya Meirsman

Director · since 11 février 2019

Ended
Freya Meirsman

Manager · since 11 février 2019

Ended
Jeroen Van De Wiele

Manager · since 11 février 2019 · until 24 juin 2019

Ended
Freya Meirsman

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/05/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates18/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/02/2019
    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 202578,3 k €↓
  2. 2024
    Annual accounts 202490,9 k €↑
  3. 2023
    Annual accounts 202337,8 k €↓
  4. 2022
    Annual accounts 202254,6 k €↑
  5. 2021
    Annual accounts 202149,8 k €↑
  6. 2020
    Annual accounts 202036,5 k €↓
  7. 2019
    Annual accounts 201997,8 k €
  8. 12/02/2019
    IncorporationPrivate limited company