ACTIVE

TH Insurance

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Financial year 2025 · Closed on 31/12/2025

Net result635,5 k €+31,2 %over 1 year
Revenue1,6 M €+22,2 %over 1 year
Equity476,8 k €+39,7 %over 1 year
Workforce4,6 ETP+17,9 %over 1 year

Identity

Source · BCE/KBO

TH Insurance is a Public limited company incorporated in 2022. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Hooglede. It employs on average 4,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0780.999.458
Incorporation
27/01/2022
Legal form
Public limited company
Registered office
Bruggesteenweg 249
8830 Hooglede · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
4,6 ETP
Joint committees (1)
  • 307
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Revenue1,6 M €1,3 M €882 k €
EBITDA816 k €644,5 k €286,4 k €
Operating result800,4 k €629,1 k €278,9 k €
Net result635,5 k €484,3 k €207,1 k €
Balance sheet
Equity476,8 k €341,4 k €157,1 k €
Total assets1,1 M €891,6 k €1,1 M €
Cash40,4 k €49,3 k €52,6 k €
Debts653,2 k €550,2 k €972,9 k €
Other
Workforce4,6 ETP3,9 ETP3,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active

Active mandates

Juan Cervera Briones

Director · since 27 janvier 2022 · until 20 avril 2027

Active
Patrick Verlinden

Director · since 27 janvier 2022 · until 20 avril 2027

Active
Peter Turf

Chairman of the board of directors · since 27 janvier 2022 · until 20 avril 2027

Active
Tim Verlinden

Director · since 27 janvier 2022 · until 20 avril 2027

Active

Other companies at this address

Bruggesteenweg 249 8830 Hooglede
CompanyCBE no.
GREENSTYLE● Active
0836.507.214
HOET TRUCKING & RENTING● Active
0430.529.946
IMMO SPILLIER● Active
0870.819.280
TH Trucks Belux● Active
0405.217.203
TH Trucks Brugge● Active
0464.294.161
TH Trucks Brussel● Active
0469.154.257
TH Trucks Gent● Active
0870.732.970
TH Trucks Ieper● Active
0467.062.324
TH Trucks Immo● Active
0833.637.301
TURBO'S HOET BELGIUM● Active
0440.614.679
TURBO'S HOET GROUP● Active
0881.774.936
TURBO'S HOET GROUP FINANCE● Active
0881.844.420
TURBO'S HOET RUSSIA● Active
0883.293.480

Full financial information

Source · NBB
202520242023
Type of accountFull modelFull modelFull model
Start of the financial year01/01/202501/01/202427/01/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months24 months
Filing date10/06/202624/06/202518/06/2024
General meeting01/06/202606/06/202528/05/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202610/06/2026DutchPDF
Full model31/12/202406/06/202524/06/2025DutchPDF
Full model31/12/202328/05/202418/06/2024DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

Active mandates

Juan Cervera Briones

Director · since 27 janvier 2022 · until 20 avril 2027

Active
Patrick Verlinden

Director · since 27 janvier 2022 · until 20 avril 2027

Active
Peter Turf

Chairman of the board of directors · since 27 janvier 2022 · until 20 avril 2027

Active
Tim Verlinden

Director · since 27 janvier 2022 · until 20 avril 2027

Active

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other31/01/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025635,5 k €↑
  2. 2024
    Annual accounts 2024484,3 k €↑
  3. 2023
    Annual accounts 2023207,1 k €
  4. 27/01/2022
    IncorporationPublic limited company