ACTIVE

THEBO

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Financial year 2025 · closed on 31/12/2025

Net result

145,8 k €

-45.2% YoY

Gross margin

2 M €

+5.3% YoY

Equity

1,3 M €

+3.2% YoY

Workforce

27,7 ETP

+23.7% YoY

What does THEBO do?

THEBO is a Private limited company incorporated in 2011. Its main activity is: Specialised construction activities. Its registered office is in Lommel. It employs on average 27,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0833.942.553

Incorporation

22/02/2011

Legal form

Private limited company

Registered office

Rietkolk 37
3920 Lommel · FlandreSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

27,7 ETP

Activities (NACE)

43410Specialised construction activities· main 43910Roofing activities 43230Electrical, plumbing and other construction installation activities 43291Other construction installation 43310Plastering 43310Plastering+2

Joint committees (3)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	2 M €	+5.3%	1,9 M €	+16.1%	1,6 M €	+20.8%	1,4 M €	+17.3%	1,2 M €	-4.8%	1,2 M €	+11.9%	1,1 M €	-9.9%	1,2 M €	+67.1%	725,2 k €	+19.0%	609,4 k €	+28.8%	473,1 k €	+18.7%	398,5 k €	-32.3%	588,3 k €	-21.9%	753 k €
EBITDA	439,5 k €	-19.8%	548,3 k €	+33.1%	412 k €	+26.9%	324,8 k €	-7.5%	351,1 k €	-20.7%	442,8 k €	+34.1%	330,2 k €	-33.0%	492,6 k €	+67.6%	293,9 k €	+41.8%	207,3 k €	+57.8%	131,4 k €	+19.5%	110 k €	-62.5%	293,2 k €	-1.4%	297,3 k €
Operating result	254,2 k €	-39.3%	418,9 k €	+40.8%	297,4 k €	+27.5%	233,2 k €	-10.5%	260,6 k €	-23.8%	342,2 k €	+138%	143,8 k €	-55.9%	326,1 k €	+63.1%	199,9 k €	+73.5%	115,2 k €	+243%	33,6 k €	-40.6%	56,5 k €	-73.2%	210,6 k €	+81.8%	115,8 k €
Net result	145,8 k €	-45.2%	266,3 k €	+36.0%	195,7 k €	+20.6%	162,3 k €	-10.4%	181,1 k €	-19.3%	224,2 k €	+119%	102,2 k €	-58.2%	244,7 k €	+125%	108,6 k €	+109%	51,9 k €	+205%	17 k €	-42.3%	29,5 k €	-77.5%	131,4 k €	+99.2%	65,9 k €
Balance sheet
Equity	1,3 M €	+3.2%	1,2 M €	+7.8%	1,1 M €	+8.3%	1 M €	-2.0%	1,1 M €	+20.4%	887,4 k €	+19.3%	743,6 k €	+10.7%	671,9 k €	+56.5%	429,5 k €	+33.9%	320,8 k €	+19.3%	268,9 k €	+6.8%	251,9 k €	+13.3%	222,3 k €	+144%	90,9 k €
Total assets	3,2 M €	+4.8%	3 M €	+37.5%	2,2 M €	+13.3%	1,9 M €	-7.4%	2,1 M €	+26.9%	1,6 M €	-10.5%	1,8 M €	-5.3%	1,9 M €	+55.4%	1,3 M €	+42.1%	880,5 k €	+23.0%	715,6 k €	-0.4%	718,4 k €	-6.0%	764,6 k €	+27.6%	599 k €
Cash	502,9 k €	+16.2%	432,7 k €	+10.1%	393 k €	+0.9%	389,6 k €	+55.9%	249,8 k €	+23.6%	202,2 k €	-14.2%	235,7 k €	+8.7%	216,8 k €	+71.2%	126,6 k €	+2771%	4,4 k €	-95.9%	108 k €	+27.4%	84,8 k €	+46.0%	58,1 k €	+473%	10,1 k €
Debts	1,9 M €	+6.0%	1,8 M €	+69.4%	1,1 M €	+19.7%	885,6 k €	-13.1%	1 M €	+35.2%	754,4 k €	-27.9%	1 M €	-15.8%	1,2 M €	+51.9%	818,8 k €	+47.1%	556,7 k €	+25.4%	443,8 k €	-4.3%	463,7 k €	-14.1%	540,1 k €	+6.9%	505,4 k €
Other
Workforce	27,7 ETP	+23.7%	22,4 ETP	+7.7%	20,8 ETP	+10.6%	18,8 ETP	+16.0%	16,2 ETP	+97.6%	8,2 ETP	-49.7%	16,3 ETP	+16.4%	14,0 ETP	+70.7%	8,2 ETP	0.0%	8,2 ETP	+15.5%	7,1 ETP	+29.1%	5,5 ETP	-15.4%	6,5 ETP	+4.8%	6,2 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 · 9 ended

Active mandates

THE-Invest

Director · since 01 novembre 2020 · 0745.563.675

Represented by Theunissen Erik

Active

Jordy Theunissen

Director · since 21 janvier 2011

Active

Ended mandates

THE-Invest

Director · since 01 novembre 2020 · 0745.563.675

Represented by Erik THEUNISSEN

Ended

THE-Invest

Director · since 01 novembre 2020 · 0745.563.675

Represented by Erik Theunissen

Ended

ERIK THEUNISSEN

Director · since 21 février 2011

Ended

ERIK THEUNISSEN

Administrator - manager · since 21 février 2011 · until 01 novembre 2020

Ended

At this address

Other companies at this address

Company	CBE no.
TABI● Active	0760.502.863

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	10/07/2025	08/07/2024	30/06/2023	30/06/2022	19/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	09/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	19/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	16/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	27/06/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	09/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	28/06/2013	Dutch	PDF

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 · 9 ended

Active mandates

THE-Invest

Director · since 01 novembre 2020 · 0745.563.675

Represented by Theunissen Erik

Active

Jordy Theunissen

Director · since 21 janvier 2011

Active

Ended mandates

THE-Invest

Director · since 01 novembre 2020 · 0745.563.675

Represented by Erik THEUNISSEN

Ended

THE-Invest

Director · since 01 novembre 2020 · 0745.563.675

Represented by Erik Theunissen

Ended

ERIK THEUNISSEN

Director · since 21 février 2011

Ended

ERIK THEUNISSEN

Administrator - manager · since 21 février 2011 · until 01 novembre 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/02/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/12/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Other24/02/2011
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

2025
Annual accounts 2025145,8 k €↓
2024
Annual accounts 2024266,3 k €↑
2023
Annual accounts 2023195,7 k €↑
2023
Name changeThebo
2022
Annual accounts 2022162,3 k €↓
2021
Annual accounts 2021181,1 k €↓
2020
Annual accounts 2020224,2 k €↑
2019
Annual accounts 2019102,2 k €↓
2018
Annual accounts 2018244,7 k €↑
2017
Annual accounts 2017108,6 k €↑
2016
Annual accounts 201651,9 k €↑
2015
Annual accounts 201517 k €↓
2014
Annual accounts 201429,5 k €↓
2013
Annual accounts 2013131,4 k €↑
2012
Annual accounts 201265,9 k €
2012
Name changeThebo Asfaltwerken Boonen
22/02/2011
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

THEBO

Overview

What does THEBO do?

Trend over 14 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline