ACTIVE

THB 11

Financial year 2025 · closed on 31/12/2025
Net result
-25,3 k €
-123.7% YoY
Gross margin
529,9 k €
-7.8% YoY
Equity
34 k €
-42.6% YoY
Workforce
9,4 ETP
-15.3% YoY

What does THB 11 do?

THB 11 is a Private limited company incorporated in 2020. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Awans. It employs on average 9,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0744.571.802
Incorporation
28/02/2020
Legal form
Private limited company
Registered office
Rue de Bruxelles 10-15
4340 Awans · WallonieSee on map
Contributed capital
120 000,00 €
Latest accounts
31/12/2025
Average workforce
9,4 ETP
Joint committees (1)
  • 302
Contacts
1 public detail availableLog in to view
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin529,9 k €574,8 k €539 k €487,3 k €471,1 k €
EBITDA103,8 k €99,7 k €61,9 k €77,8 k €176,9 k €
Operating result9,7 k €7,2 k €-30,1 k €-14,4 k €58,2 k €
Net result-25,3 k €-11,3 k €-44,2 k €-32,1 k €29,8 k €
Balance sheet
Equity34 k €59,2 k €70,5 k €114,8 k €146,9 k €
Total assets481,3 k €571,8 k €695,5 k €802,4 k €903,8 k €
Cash25,8 k €20,1 k €31,8 k €16,8 k €84,5 k €
Debts447,3 k €512,6 k €616,3 k €671,3 k €740,6 k €
Other
Workforce9,4 ETP11,1 ETP10,8 ETP20,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

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

Active mandates

Roberto Navarro Guanipa

Director · since 28 février 2020

Active
Thomas Memurlin

Director · since 28 février 2020

Active
At this address

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THB7Active
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THB 8Active
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THB9Liquidation
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THB DeliveryActive
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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202228/02/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months23 months
Filing date17/08/202620/08/202516/08/202429/07/202301/07/2022
General meeting18/06/202619/06/202520/06/202415/06/202316/06/2022
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
Abridged model31/12/202518/06/202617/08/2026FrenchPDF
Abridged model31/12/202419/06/202520/08/2025FrenchPDF
Abridged model31/12/202320/06/202416/08/2024FrenchPDF
Abridged model31/12/202215/06/202329/07/2023FrenchPDF
Micro model31/12/202116/06/202201/07/2022FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 2 active

Active mandates

Roberto Navarro Guanipa

Director · since 28 février 2020

Active
Thomas Memurlin

Director · since 28 février 2020

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/07/2024
    SIEGE SOCIAL
    PDF
  • Other03/03/2020
    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 2025-25,3 k €
  2. 2024
    Annual accounts 2024-11,3 k €
  3. 2023
    Annual accounts 2023-44,2 k €
  4. 2022
    Annual accounts 2022-32,1 k €
  5. 2021
    Annual accounts 202129,8 k €
  6. 28/02/2020
    IncorporationPrivate limited company