ACTIVE

THORSIS

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Financial year 2025 · closed on 31/12/2025
Net result
154,2 k €
-35.4% YoY
Gross margin
237,5 k €
-33.8% YoY
Equity
951 k €
+19.4% YoY
Workforce
0,0 ETP

What does THORSIS do?

THORSIS is a Private limited company incorporated in 2011. Its registered office is in Assenede.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0832.911.383
Incorporation
18/01/2011
Legal form
Private limited company
Registered office
Heideveld 11
9960 Assenede · FlandreSee on map
Contributed capital
420 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120192018201720162015201420132012
Income statement
Gross margin237,5 k €358,6 k €299 k €52,1 k €123,7 k €66,9 k €62,5 k €36,5 k €-11,3 k €-11,4 k €50,1 k €-5,4 k €67,3 k €
EBITDA227,8 k €349,5 k €274,1 k €44 k €111,8 k €66,4 k €62,1 k €36 k €-11,5 k €-11,6 k €48,2 k €-5,9 k €66,8 k €
Operating result214,4 k €336 k €287,3 k €30,4 k €77,2 k €66,4 k €62,1 k €36 k €-11,5 k €-11,6 k €48,2 k €-5,9 k €64,9 k €
Net result154,2 k €238,8 k €204,6 k €14,2 k €47,7 k €77,1 k €218,3 k €49,4 k €82,1 k €99,5 k €-194,6 k €-244,1 k €99,5 k €
Balance sheet
Equity951 k €796,7 k €758 k €713,3 k €699,1 k €607,1 k €530 k €311,7 k €262,3 k €180,3 k €80,8 k €275,4 k €519,5 k €
Total assets1,3 M €1,4 M €1,3 M €1,1 M €1,2 M €859,4 k €791,3 k €590,4 k €523,8 k €428,7 k €305,5 k €535 k €842,5 k €
Cash189,6 k €127,5 k €184,3 k €1,5 k €22,6 k €18,3 k €191,6 €2,6 k €1,2 k €7,4 k €2,2 k €6,1 k €11,5 k €
Debts304 k €603,5 k €514,6 k €372,3 k €438,3 k €252,3 k €261,2 k €278,7 k €261,5 k €248,4 k €224,7 k €259,6 k €323 k €
Other
Workforce0,0 ETP––0,0 ETP–––––––––
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 · 2 active · 14 ended

Active mandates

DINA

Director · since 30 mars 2021 · 0476.338.690

Represented by DIRK DE MUYTTERE

Active
GIBO CONSULT

Director · since 30 mars 2021 · 0479.380.334

Represented by LOOTENS GEERT

Active

Ended mandates

DINA

Director · 0476.338.690

Represented by Dirk DE MUYTTERE

Ended
DINA

Administrator - manager · 0476.338.690

Represented by De Muyttere Dirk

Ended
DINA

Mandate · 0476.338.690

Represented by Dirk De Muyttere

Ended
DINA

Director · 0476.338.690

Represented by Dirk De Muyttere

Ended
At this address

Other companies at this address

CompanyCBE no.
BRYON● Active
0439.165.916
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/07/202626/06/202503/07/202430/08/202329/06/202230/07/2021
General meeting15/05/202616/05/202517/05/202419/05/202310/06/202221/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/05/202606/07/2026DutchPDF
Micro model31/12/202416/05/202526/06/2025DutchPDF
Micro model31/12/202317/05/202403/07/2024DutchPDF
Abridged model31/12/202219/05/202330/08/2023DutchPDF
Abridged model31/12/202110/06/202229/06/2022DutchPDF
Abridged model31/12/202021/05/202130/07/2021DutchPDF
Abridged model31/12/201915/05/202005/06/2020DutchPDF
Abridged model31/12/201817/05/201913/06/2019DutchPDF
Abridged model31/12/201718/05/201831/07/2018DutchPDF
Abridged model31/12/201619/05/201707/07/2017DutchPDF
Abridged model31/12/201517/05/201629/06/2016DutchPDF
Abridged model31/12/201415/05/201510/07/2015DutchPDF
Abridged modelCorrection31/12/201316/05/201424/09/2014DutchPDF
Abridged model31/12/201316/05/201422/07/2014DutchPDF
Abridged model31/12/201231/07/201331/08/2013DutchPDF
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 · 2 active · 14 ended

Active mandates

DINA

Director · since 30 mars 2021 · 0476.338.690

Represented by DIRK DE MUYTTERE

Active
GIBO CONSULT

Director · since 30 mars 2021 · 0479.380.334

Represented by LOOTENS GEERT

Active

Ended mandates

DINA

Director · 0476.338.690

Represented by Dirk DE MUYTTERE

Ended
DINA

Administrator - manager · 0476.338.690

Represented by De Muyttere Dirk

Ended
DINA

Mandate · 0476.338.690

Represented by Dirk De Muyttere

Ended
DINA

Director · 0476.338.690

Represented by Dirk De Muyttere

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring20/04/2021
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring07/01/2021
    WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates26/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/03/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other28/01/2011
    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 2025154,2 k €↓
  2. 2024
    Annual accounts 2024238,8 k €↑
  3. 2023
    Annual accounts 2023204,6 k €↑
  4. 2022
    Annual accounts 202214,2 k €↓
  5. 2021
    Annual accounts 202147,7 k €↓
  6. 2019
    Annual accounts 201977,1 k €↓
  7. 2018
    Annual accounts 2018218,3 k €↑
  8. 2017
    Annual accounts 201749,4 k €↓
  9. 2016
    Annual accounts 201682,1 k €↓
  10. 2015
    Annual accounts 201599,5 k €↑
  11. 2014
    Annual accounts 2014-194,6 k €↑
  12. 2013
    Annual accounts 2013-244,1 k €↓
  13. 2012
    Annual accounts 201299,5 k €
  14. 18/01/2011
    IncorporationPrivate limited company