ACTIVE

THOLFINN

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Financial year 2025 · closed on 31/12/2025
Net result
236,7 k €
+53.4% YoY
Gross margin
307,5 k €
+49.1% YoY
Equity
152,1 k €
+6.4% YoY

What does THOLFINN do?

THOLFINN is a Private limited company incorporated in 2022. Its main activity is: Activities of holding companies. Its registered office is in Merelbeke-Melle.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0788.711.255
Incorporation
18/07/2022
Legal form
Private limited company
Registered office
Asselkouter 12
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70200Management consultancy activities70210Public relations and communication activities70220Business and other management consultancy activities73300Advertising and market research
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin307,5 k €206,2 k €92,6 k €46,7 k €
EBITDA307,3 k €205,9 k €92,4 k €46,7 k €
Operating result307,3 k €205,9 k €92,4 k €46,7 k €
Net result236,7 k €154,3 k €73,4 k €37,2 k €
Balance sheet
Equity152,1 k €142,9 k €113,6 k €40,2 k €
Total assets507,5 k €333,8 k €161 k €71,6 k €
Cash45,7 k €83,8 k €115,6 k €26,3 k €
Debts351,7 k €190,1 k €46,6 k €30,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Nicolas Holvoet

Director · since 14 juillet 2022

Active
At this address

Other companies at this address

CompanyCBE no.
RS● Active
0839.740.282
Annual accounts

Full financial information

2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202318/07/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months6 months
Filing date29/04/202625/06/202521/06/202428/06/2023
General meeting14/04/202617/06/202518/06/202420/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202514/04/202629/04/2026DutchPDF
Micro model31/12/202417/06/202525/06/2025DutchPDF
Micro model31/12/202318/06/202421/06/2024DutchPDF
Micro model31/12/202220/06/202328/06/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Nicolas Holvoet

Director · since 14 juillet 2022

Active
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other20/07/2022
    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. 2025
    Annual accounts 2025236,7 k €↑
  2. 2024
    Annual accounts 2024154,3 k €↑
  3. 2023
    Annual accounts 202373,4 k €↑
  4. 2022
    Annual accounts 202237,2 k €
  5. 18/07/2022
    IncorporationPrivate limited company