ACTIVE

THK

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Financial year 2025 · closed on 31/12/2025
Net result
-38,2 k €
-2.5% YoY
Gross margin
294,8 k €
-18.5% YoY
Equity
225,5 k €
-14.5% YoY
Workforce
5,6 ETP
-6.7% YoY

What does THK do?

THK is a Private limited company incorporated in 2011. Its registered office is in Pelt. It employs on average 5,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0840.012.476
Incorporation
06/10/2011
Legal form
Private limited company
Registered office
Astridlaan 249
3900 Pelt · FlandreSee on map
Contributed capital
300 000,00 €
Latest accounts
31/12/2025
Average workforce
5,6 ETP
Joint committees (5)
  • 124
  • 1240
  • 200
  • 2000
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin294,8 k €361,8 k €396,5 k €347,8 k €456,3 k €191 k €274,9 k €142,8 k €178,7 k €194,8 k €244,9 k €253,8 k €335,5 k €216,2 k €
EBITDA-4,7 k €22,1 k €50,7 k €42,4 k €187,3 k €13,5 k €47,6 k €-57 k €-15,3 k €-22,6 k €38,9 k €25,7 k €100,1 k €-26,6 k €
Operating result-29,9 k €-26,2 k €12,4 k €8,9 k €173,9 k €8,2 k €37,9 k €-69,2 k €-37,2 k €-87,6 k €-25,2 k €-37,3 k €41,5 k €-76,8 k €
Net result-38,2 k €-37,3 k €470,7 €4,5 k €144,8 k €7,2 k €44,1 k €-61,2 k €-26,1 k €-70 k €-9,6 k €3,1 k €42,8 k €-79,2 k €
Balance sheet
Equity225,5 k €263,7 k €301 k €300,5 k €296 k €151,2 k €144 k €99,9 k €161 k €280,7 k €350,8 k €360,3 k €357,2 k €314,4 k €
Total assets643,6 k €645 k €776,8 k €1,2 M €750 k €507 k €498,8 k €448,8 k €492,5 k €530,7 k €642,6 k €646,7 k €722,2 k €797,6 k €
Cash24,1 k €6,8 k €12,2 k €16,9 k €50,5 k €12,2 k €1,8 k €11,6 k €19,9 k €80,4 k €98,2 k €135,2 k €120,5 k €61,6 k €
Debts418 k €381,3 k €475,8 k €925 k €453,6 k €355,4 k €354,4 k €348,5 k €331,4 k €250 k €279,7 k €276,1 k €345,7 k €478,6 k €
Other
Workforce5,6 ETP6,0 ETP6,0 ETP5,6 ETP5,4 ETP3,8 ETP4,6 ETP4,4 ETP3,9 ETP4,6 ETP4,1 ETP4,5 ETP4,4 ETP5,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

LAMAR MANAGEMENT

Director · since 03 juillet 2023 · 0662.730.922

Represented by Kristel Vanbaelen

Active

Ended mandates

LAMAR MANAGEMENT

Director · since 08 novembre 2016 · 0662.730.922

Represented by Kristel VANBAELEN

Ended
LAMAR MANAGEMENT

Director · since 08 novembre 2016 · 0662.730.922

Represented by Kristel VANBAELEN

Ended
LAMAR MANAGEMENT

Manager · since 08 novembre 2016 · 0662.730.922

Represented by Kristel VANBAELEN

Ended
LEON KWANTEN

Manager · since 04 octobre 2011 · until 08 novembre 2016

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date16/07/202627/08/202521/06/202405/06/202324/06/202211/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202616/07/2026DutchPDF
Abridged model31/12/202406/06/202527/08/2025DutchPDF
Abridged model31/12/202307/06/202421/06/2024DutchPDF
Abridged model31/12/202202/06/202305/06/2023DutchPDF
Abridged model31/12/202103/06/202224/06/2022DutchPDF
Abridged model31/12/202004/06/202111/06/2021DutchPDF
Abridged model31/12/201905/06/202029/06/2020DutchPDF
Abridged model31/12/201807/06/201920/06/2019DutchPDF
Abridged model31/12/201701/06/201803/07/2018DutchPDF
Abridged model31/12/201602/06/201717/07/2017DutchPDF
Abridged model31/12/201503/06/201624/06/2016DutchPDF
Abridged model31/12/201405/06/201525/08/2015DutchPDF
Abridged model31/12/201306/06/201427/06/2014DutchPDF
Abridged model31/12/201207/06/201303/07/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 7 ended

Active mandates

LAMAR MANAGEMENT

Director · since 03 juillet 2023 · 0662.730.922

Represented by Kristel Vanbaelen

Active

Ended mandates

LAMAR MANAGEMENT

Director · since 08 novembre 2016 · 0662.730.922

Represented by Kristel VANBAELEN

Ended
LAMAR MANAGEMENT

Director · since 08 novembre 2016 · 0662.730.922

Represented by Kristel VANBAELEN

Ended
LAMAR MANAGEMENT

Manager · since 08 novembre 2016 · 0662.730.922

Represented by Kristel VANBAELEN

Ended
LEON KWANTEN

Manager · since 04 octobre 2011 · until 08 novembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office27/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares30/03/2017
    KAPITAAL - AANDELEN
    PDF
  • Mandates22/11/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/03/2012
    BENAMING - KAPITAAL - AANDELEN
    PDF
  • Other10/10/2011
    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 2025-38,2 k €↓
  2. 2024
    Annual accounts 2024-37,3 k €↓
  3. 2023
    Annual accounts 2023470,7 €↓
  4. 2022
    Annual accounts 20224,5 k €↓
  5. 2021
    Annual accounts 2021144,8 k €↑
  6. 2020
    Annual accounts 20207,2 k €↓
  7. 2019
    Annual accounts 201944,1 k €↑
  8. 2018
    Annual accounts 2018-61,2 k €↓
  9. 2017
    Annual accounts 2017-26,1 k €↑
  10. 2016
    Annual accounts 2016-70 k €↓
  11. 2015
    Annual accounts 2015-9,6 k €↓
  12. 2014
    Annual accounts 20143,1 k €↓
  13. 2013
    Annual accounts 201342,8 k €↑
  14. 2012
    Annual accounts 2012-79,2 k €
  15. 06/10/2011
    IncorporationPrivate limited company