ACTIVE

THEMICO

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Financial year 2025 · closed on 31/12/2025
Net result
530,9 k €
+634.9% YoY
Gross margin
1,1 M €
+37.1% YoY
Equity
144,8 k €
-33.1% YoY
Workforce
3,4 ETP
-2.9% YoY

What does THEMICO do?

THEMICO is a Private limited company incorporated in 2019. Its main activity is: Agents involved in the sale of furniture, household goods, hardware and ironmongery. Its registered office is in Gent. It employs on average 3,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0720.973.779
Incorporation
20/02/2019
Legal form
Private limited company
Registered office
James Ensorlaan 27
9051 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
3,4 ETP
Activities (NACE)
46150Agents involved in the sale of furniture, household goods, hardware and ironmongery· main46150Agents involved in the sale of furniture, household goods, hardware and ironmongery46460Wholesale of pharmaceutical goods46460Wholesale of pharmaceutical goods46460Wholesale of pharmaceutical goods46460Wholesale of pharmaceutical goods
Joint committees (2)
  • 200
  • 20000
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212019
Income statement
Gross margin1,1 M €828,5 k €573,9 k €339,1 k €417,6 k €151,6 k €
EBITDA724,3 k €484,8 k €286,7 k €163,9 k €313,9 k €130,1 k €
Operating result684,6 k €451,4 k €253,5 k €132,2 k €282,8 k €92 k €
Net result530,9 k €72,2 k €178,7 k €87,5 k €212,8 k €64,9 k €
Balance sheet
Equity144,8 k €216,4 k €300,1 k €300,1 k €298,9 k €51,1 k €
Total assets728,6 k €530,2 k €650,6 k €581,4 k €624,5 k €453,5 k €
Cash423,4 k €258,3 k €182,5 k €254,3 k €338,1 k €116,2 k €
Debts583,8 k €313,8 k €350,5 k €281,2 k €325,6 k €382,3 k €
Other
Workforce3,4 ETP3,5 ETP3,0 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Surginamics

Director · 0886.824.973

Represented by Michel DE GEEST

Active
Vervloet MSM

Director · 0720.972.888

Represented by VERVLOET THEODOOR

Active

Ended mandates

Surginamics

Director · 0886.824.973

Represented by Michel De Geest

Ended
Surginamics

Mandate · 0886.824.973

Represented by Michel DE GEEST

Ended
Surginamics

Director · 0886.824.973

Represented by DE GEEST MICHEL

Ended
Vervloet MSM

Director · 0720.972.888

Represented by Theodoor Vervloet

Ended
At this address

Other companies at this address

CompanyCBE no.
Surginamics● Active
0886.824.973
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date30/04/202602/07/202526/06/202414/06/202310/06/202222/07/2021
General meeting27/03/202630/06/202519/06/202416/05/202317/05/202230/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/03/202630/04/2026DutchPDF
Abridged model31/12/202430/06/202502/07/2025DutchPDF
Abridged model31/12/202319/06/202426/06/2024DutchPDF
Micro model31/12/202216/05/202314/06/2023DutchPDF
Micro model31/12/202117/05/202210/06/2022DutchPDF
Micro model31/12/202030/06/202122/07/2021DutchPDF
Micro model31/12/201911/06/202008/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 6 ended

Active mandates

Surginamics

Director · 0886.824.973

Represented by Michel DE GEEST

Active
Vervloet MSM

Director · 0720.972.888

Represented by VERVLOET THEODOOR

Active

Ended mandates

Surginamics

Director · 0886.824.973

Represented by Michel De Geest

Ended
Surginamics

Mandate · 0886.824.973

Represented by Michel DE GEEST

Ended
Surginamics

Director · 0886.824.973

Represented by DE GEEST MICHEL

Ended
Vervloet MSM

Director · 0720.972.888

Represented by Theodoor Vervloet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office04/09/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/11/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/01/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/05/2019
    DIVERSEN
    PDF
  • Other22/02/2019
    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 2025530,9 k €↑
  2. 2024
    Annual accounts 202472,2 k €↓
  3. 2023
    Annual accounts 2023178,7 k €↑
  4. 2022
    Annual accounts 202287,5 k €↓
  5. 2021
    Annual accounts 2021212,8 k €↑
  6. 2019
    Annual accounts 201964,9 k €
  7. 20/02/2019
    IncorporationPrivate limited company