ACTIVE

THITEM

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Financial year 2025 · closed on 31/12/2025
Net result
666,9 k €
-11.6% YoY
Gross margin
1,6 M €
+14.0% YoY
Equity
627,5 k €
+36.2% YoY
Workforce
6,3 ETP
+80.0% YoY

What does THITEM do?

THITEM is a Private limited company incorporated in 2020. Its main activity is: Construction of buildings. Its registered office is in Namur. It employs on average 6,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0744.375.822
Incorporation
24/02/2020
Legal form
Private limited company
Registered office
Rue de l'Eco-Construction(RH) 8
5020 Namur · WallonieSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
6,3 ETP
Activities (NACE)
41001Construction of buildings· main41201Construction of residential and non-residential buildings43230Electrical, plumbing and other construction installation activities43291Other construction installation41003Construction of buildings41203Construction of residential and non-residential buildings+4
Joint committees (2)
  • 124
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin1,6 M €1,4 M €1,1 M €710,9 k €34,6 k €127,9 k €
EBITDA1,2 M €1,2 M €995,1 k €665,8 k €19,7 k €123,1 k €
Operating result1,1 M €1,1 M €982,4 k €652,5 k €17,2 k €122,9 k €
Net result666,9 k €754,7 k €667,5 k €445,9 k €-15,9 k €122,4 k €
Balance sheet
Equity627,5 k €460,6 k €455,9 k €560,9 k €116,6 k €132,4 k €
Total assets3,1 M €2,2 M €1,9 M €1,1 M €339,9 k €428,9 k €
Cash339,3 k €447,1 k €890,8 k €347,7 k €110,9 k €73 k €
Debts2,4 M €1,7 M €1,4 M €510,4 k €223,3 k €131,9 k €
Other
Workforce6,3 ETP3,5 ETP2,7 ETP1,2 ETP0,2 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

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

Active mandates

Maxime TEMMERMAN

Director · since 24 février 2020

Active
Olivier THIRIONET

Director · since 24 février 2020

Active

Ended mandates

MAXIME TEMMERMAN

Mandate

Ended
OLIVIER THIRIONET

Mandate

Ended
At this address

Other companies at this address

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Imm'OliMax● Active
0804.961.329
NETI● Active
1026.783.602
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202124/02/2020
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 months11 months
Filing date23/07/202631/08/202530/08/202415/06/202328/10/202231/08/2021
General meeting30/06/202630/06/202530/06/202415/06/202314/10/202210/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202623/07/2026FrenchPDF
Abridged model31/12/202430/06/202531/08/2025FrenchPDF
Abridged model31/12/202330/06/202430/08/2024FrenchPDF
Abridged model31/12/202215/06/202315/06/2023FrenchPDF
Abridged model31/12/202114/10/202228/10/2022FrenchPDF
Micro model31/12/202010/06/202131/08/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 ended

Active mandates

Maxime TEMMERMAN

Director · since 24 février 2020

Active
Olivier THIRIONET

Director · since 24 février 2020

Active

Ended mandates

MAXIME TEMMERMAN

Mandate

Ended
OLIVIER THIRIONET

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office07/01/2025
    SIEGE SOCIAL
    PDF
  • Other26/02/2020
    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 2025666,9 k €↓
  2. 2024
    Annual accounts 2024754,7 k €↑
  3. 2023
    Annual accounts 2023667,5 k €↑
  4. 2022
    Annual accounts 2022445,9 k €↑
  5. 2021
    Annual accounts 2021-15,9 k €↓
  6. 2020
    Annual accounts 2020122,4 k €
  7. 24/02/2020
    IncorporationPrivate limited company