ACTIVE

House of Thor

Financial year 2025 · Closed on 31/12/2025

Net result12,2 M €-64,0 %over 1 year
Equity62,1 M €-4,3 %over 1 year

Identity

Source · BCE/KBO

House of Thor is a Private limited company incorporated in 2020. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0757.880.103
Incorporation
06/11/2020
Legal form
Private limited company
Registered office
Onafhankelijkheidslaan 17-18
9000 Gent · FlandreSee on map
Contributed capital
50 677 542,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 5 filings

Trend over 4 financial years

2025202420232022
Income statement
EBITDA-1,4 M €-56,4 k €-66 k €-23,4 k €
Operating result-1,7 M €-295,2 k €-304,7 k €-258,6 k €
Net result12,2 M €34 M €2,5 M €3,6 M €
Balance sheet
Equity62,1 M €64,9 M €51 M €65,5 M €
Total assets86,6 M €88,4 M €88 M €87,6 M €
Cash115,5 k €278 k €295,9 k €2,4 M €
Debts24,5 M €23,5 M €36,9 M €21,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

EQUITY@WORK

Director · since 26 juillet 2022 · until 26 mai 2028 · 0884.443.030

Represented by Hans Swinnen

Active
K-CL

Managing director · since 26 juillet 2022 · until 26 mai 2028 · 0806.354.070

Represented by Koen Claerbout

Active
VAUBAN

Director · since 26 juillet 2022 · until 26 mai 2028 · 0838.114.246

Represented by Gaëtan Hannecart

Active
YVES DE BACKER

Director · since 26 juillet 2022 · until 26 mai 2028 · 0663.641.138

Represented by Yves De Backer

Active

Ended mandates

EQUITY@WORK

Director · since 26 juillet 2022 · until 26 mai 2028 · 0884.443.030

Represented by Hans Swinnen

Ended
EQUITY@WORK

Director · since 26 juillet 2022 · until 26 mai 2028 · 0884.443.030

Represented by Hans Swinnen

Ended
K-CL

Managing director · since 26 juillet 2022 · until 26 mai 2028 · 0806.354.070

Represented by Koen Claerbout

Ended
VAUBAN

Director · since 26 juillet 2022 · until 26 mai 2028 · 0838.114.246

Represented by Gaëtan Hannecart

Ended

Other companies at this address

Onafhankelijkheidslaan 17-18 9000 Gent
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3D Skywalkers● Active
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Anchorage● Active
0816.976.164
ANFRA● Active
0452.351.580
Berlaimont 56● Active
0769.477.541
BOWINVEST● Active
0477.317.006
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Egmont Land● Active
1015.523.385
House of Odin● Active
0784.633.889
HUON & KAURI● Active
0453.068.192
IBERIS● Active
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IBERVEST● Active
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Markizaat● Active
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Full financial information

Source · NBB
20252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202206/11/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months14 months
Filing date25/06/202613/06/202513/06/202406/06/202327/07/2022
General meeting29/05/202630/05/202531/05/202426/05/202327/05/2022
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 model31/12/202529/05/202625/06/2026DutchPDF
Full model31/12/202430/05/202513/06/2025DutchPDF
Full model31/12/202331/05/202413/06/2024DutchPDF
Full model31/12/202226/05/202306/06/2023DutchPDF
Full model31/12/202127/05/202227/07/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

EQUITY@WORK

Director · since 26 juillet 2022 · until 26 mai 2028 · 0884.443.030

Represented by Hans Swinnen

Active
K-CL

Managing director · since 26 juillet 2022 · until 26 mai 2028 · 0806.354.070

Represented by Koen Claerbout

Active
VAUBAN

Director · since 26 juillet 2022 · until 26 mai 2028 · 0838.114.246

Represented by Gaëtan Hannecart

Active
YVES DE BACKER

Director · since 26 juillet 2022 · until 26 mai 2028 · 0663.641.138

Represented by Yves De Backer

Active

Ended mandates

EQUITY@WORK

Director · since 26 juillet 2022 · until 26 mai 2028 · 0884.443.030

Represented by Hans Swinnen

Ended
EQUITY@WORK

Director · since 26 juillet 2022 · until 26 mai 2028 · 0884.443.030

Represented by Hans Swinnen

Ended
K-CL

Managing director · since 26 juillet 2022 · until 26 mai 2028 · 0806.354.070

Represented by Koen Claerbout

Ended
VAUBAN

Director · since 26 juillet 2022 · until 26 mai 2028 · 0838.114.246

Represented by Gaëtan Hannecart

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares30/12/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates10/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/07/2021
    DIVERSEN
    PDF
  • Capital / shares13/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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 202512,2 M €↓
  2. 11/06/2025
    nominationFrédéric De Mee — vaste vertegenwoordiger van de commissaris
  3. 2024
    Annual accounts 202434 M €↑
  4. 31/05/2024
    nominationEY Bedrijfsrevisoren BV — commissaris
  5. 2023
    Annual accounts 20232,5 M €↓
  6. 2022
    Annual accounts 20223,6 M €
  7. 26/07/2022
    nominationK-CL BV — gedelegeerd bestuurder
  8. 26/07/2022
    nominationK-CL BV — gewone bestuurder
  9. 26/07/2022
    reconductionYves De Backer BV — A-Bestuurder
  10. 26/07/2022
    reconductionEquity@Work BV — A-Bestuurder
  11. 26/07/2022
    reconductionVauban NV — B-Bestuurder
  12. 06/11/2020
    IncorporationPrivate limited company