ACTIVE

LES ANCIENS THERMES

Financial year 2025 · Closed on 31/12/2025

Net result-259,5 k €-5 151,6 %over 1 year
Revenue1,3 M €
Equity16,6 M €+1 785,8 %over 1 year

Identity

Source · BCE/KBO

LES ANCIENS THERMES is a Public limited company incorporated in 2020. Its main activity is: Architectural activities. Its registered office is in Spa.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0750.839.683
Incorporation
18/07/2020
Legal form
Public limited company
Registered office
Place Royale 2
4900 Spa · WallonieSee on map
Contributed capital
13 000 000,00 €
Latest accounts
31/12/2025
Signals
Good liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Revenue1,3 M €––––
EBITDA2,9 M €1,8 M €-1,2 k €-4 k €-1,5 k €
Operating result1,3 M €1,8 M €-3,6 k €-4 k €-1,5 k €
Net result-259,5 k €-4,9 k €-4,9 k €-4,3 k €-1,6 k €
Balance sheet
Equity16,6 M €879,8 k €884,7 k €94,1 k €98,4 k €
Total assets61,4 M €47,3 M €30,6 M €14,4 M €8 M €
Cash3,4 M €6,2 k €426,6 k €375,8 k €99,2 k €
Debts44,8 M €46,4 M €29,7 M €14,3 M €7,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Bart De Laere

Director · since 29 avril 2025 · until 19 mai 2026

Active
Jan Van Bergeijk

Director · since 18 juillet 2020 · until 29 avril 2025

Active
Johan Van Wassenhove

Director · since 18 juillet 2020 · until 19 mai 2026

Active

Ended mandates

Jan Van Bergeijk

Director · since 02 juillet 2022 · until 18 mai 2027

Ended
Jan Van Bergeijk

Director · since 18 juillet 2020 · until 18 juillet 2026

Ended
Johan Van Wassenhove

Director · since 18 juillet 2020 · until 18 juillet 2026

Ended
Johan Van Wassenhove

Director · since 02 juillet 2020 · until 18 mai 2027

Ended

Other companies at this address

Place Royale 2 4900 Spa
CompanyCBE no.
0402.311.458
1010.782.758

Full financial information

Source · NBB
20252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202202/07/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months18 months
Filing date09/07/202609/07/202509/07/202428/07/202305/09/2022
General meeting23/06/202627/06/202521/05/202427/06/202330/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202609/07/2026FrenchPDF
Full model31/12/202427/06/202509/07/2025FrenchPDF
Full model31/12/202321/05/202409/07/2024FrenchPDF
Full model31/12/202227/06/202328/07/2023FrenchPDF
Full model31/12/202130/06/202205/09/2022FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Bart De Laere

Director · since 29 avril 2025 · until 19 mai 2026

Active
Jan Van Bergeijk

Director · since 18 juillet 2020 · until 29 avril 2025

Active
Johan Van Wassenhove

Director · since 18 juillet 2020 · until 19 mai 2026

Active

Ended mandates

Jan Van Bergeijk

Director · since 02 juillet 2022 · until 18 mai 2027

Ended
Jan Van Bergeijk

Director · since 18 juillet 2020 · until 18 juillet 2026

Ended
Johan Van Wassenhove

Director · since 18 juillet 2020 · until 18 juillet 2026

Ended
Johan Van Wassenhove

Director · since 02 juillet 2020 · until 18 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares16/07/2025
    CAPITAL, ACTIONS
    PDF
  • Mandates24/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other23/07/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 2025-259,5 k €↓
  2. 2024
    Annual accounts 2024-4,9 k €↓
  3. 2023
    Annual accounts 2023-4,9 k €↓
  4. 2022
    Annual accounts 2022-4,3 k €↓
  5. 2021
    Annual accounts 2021-1,6 k €
  6. 18/07/2020
    IncorporationPublic limited company