ACTIVE

THRIVE

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Financial year 2024 · closed on 31/12/2024
Net result
-268,2 k €
+48.2% YoY
Gross margin
-44,4 k €
+82.1% YoY
Equity
-388,6 k €
-21.3% YoY
Workforce
2,4 ETP

What does THRIVE do?

THRIVE is a Private limited company incorporated in 2020. Its registered office is in Gent. It employs on average 2,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0746.581.185
Incorporation
29/04/2020
Legal form
Private limited company
Registered office
Coupure 88
9000 Gent · FlandreSee on map
Contributed capital
623 012,65 €
Latest accounts
31/12/2024
Average workforce
2,4 ETP
Joint committees (1)
  • 200
Signals
Good liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin-44,4 k €-248,1 k €-148 k €81,1 k €48,1 k €
EBITDA-211,4 k €-470,5 k €-292,5 k €76 k €47,4 k €
Operating result-247,6 k €-504,4 k €-314,3 k €71 k €43,1 k €
Net result-268,2 k €-518 k €-323,8 k €65,7 k €34,1 k €
Balance sheet
Equity-388,6 k €-320,5 k €-152,5 k €100,7 k €35,1 k €
Total assets799,7 k €850,1 k €348,7 k €186,1 k €115,6 k €
Cash118,3 k €202,6 k €125,6 k €125,5 k €48,6 k €
Debts1,2 M €1,2 M €500,8 k €85,4 k €80,4 k €
Other
Workforce2,4 ETP––––
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 6 ended

Active mandates

FLEMISH INVESTMENT CORPORATION

Director · 0473.761.856

Represented by Jürgen Vandervelden

Active
Overthrive

Director · 0800.628.793

Represented by Laurens D'hoore

Active

Ended mandates

Overthrive

Director · since 11 avril 2023 · 0800.628.793

Represented by Laurens D'hoore

Ended
FLEMISH INVESTMENT CORPORATION

Director · since 06 avril 2023 · 0473.761.856

Represented by Jurgen Vandervelden

Ended
Thomas Deryckere

Director · since 25 mars 2022 · until 07 novembre 2022

Ended
Thomas Deryckere

Director · since 25 mars 2022

Ended
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Annual accounts

Full financial information

20242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202129/04/2020
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months9 months
Filing date28/08/202531/10/202401/12/202319/08/202228/10/2021
General meeting30/06/202531/10/202419/05/202317/08/202213/10/2021
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 model31/12/202430/06/202528/08/2025DutchPDF
Micro model31/12/202331/10/202431/10/2024DutchPDF
Micro model31/12/202219/05/202301/12/2023DutchPDF
Micro model31/12/202117/08/202219/08/2022DutchPDF
Micro model31/12/202013/10/202128/10/2021DutchPDF
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 31/12/2024 · 2 active · 6 ended

Active mandates

FLEMISH INVESTMENT CORPORATION

Director · 0473.761.856

Represented by Jürgen Vandervelden

Active
Overthrive

Director · 0800.628.793

Represented by Laurens D'hoore

Active

Ended mandates

Overthrive

Director · since 11 avril 2023 · 0800.628.793

Represented by Laurens D'hoore

Ended
FLEMISH INVESTMENT CORPORATION

Director · since 06 avril 2023 · 0473.761.856

Represented by Jurgen Vandervelden

Ended
Thomas Deryckere

Director · since 25 mars 2022 · until 07 novembre 2022

Ended
Thomas Deryckere

Director · since 25 mars 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office16/06/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/08/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates21/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/04/2022
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other04/05/2020
    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. 2024
    Annual accounts 2024-268,2 k €↑
  2. 2023
    Annual accounts 2023-518 k €↓
  3. 2022
    Annual accounts 2022-323,8 k €↓
  4. 2021
    Annual accounts 202165,7 k €↑
  5. 2020
    Annual accounts 202034,1 k €
  6. 29/04/2020
    IncorporationPrivate limited company