ACTIVE

THG MALMEDY

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

28 k €

-19.5% YoY

Gross margin

127 k €

-4.5% YoY

Equity

332,4 k €

+4.1% YoY

What does THG MALMEDY do?

THG MALMEDY is a Private limited company incorporated in 2012. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Malmedy.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0844.231.877

Incorporation

07/03/2012

Legal form

Private limited company

Registered office

Avenue Monbijou 14B
4960 Malmedy · WallonieSee on map

Contributed capital

110 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

69201Accounting, bookkeeping and auditing activities; tax consultancy· main 69201Accounting, bookkeeping and auditing activities; tax consultancy 69202Accounting, bookkeeping and auditing activities; tax consultancy

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	127 k €	-4.5%	133 k €	+79.5%	74,1 k €	-48.2%	143 k €	-30.5%	205,8 k €	+54.5%	133,2 k €	+14.2%	116,7 k €	+17.9%	98,9 k €	+46.4%	67,6 k €	+101%	33,7 k €	+81.4%	18,6 k €	-38.9%	30,4 k €	+232%	-23,1 k €
EBITDA	42,5 k €	-20.1%	53,2 k €	+123%	23,9 k €	-64.5%	67,2 k €	-48.4%	130,1 k €	+96.0%	66,4 k €	-5.1%	70 k €	+57.9%	44,3 k €	+42.2%	31,2 k €	+10562%	-297,9 €	-105%	6,3 k €	-78.4%	29,1 k €	+213%	-25,8 k €
Operating result	35,5 k €	-20.4%	44,6 k €	+118%	20,4 k €	-68.1%	64 k €	-52.3%	134,1 k €	+130%	58,3 k €	+6.5%	54,7 k €	+76.4%	31 k €	+247%	8,9 k €	+150%	-17,8 k €	-13882%	-127,2 €	-101%	22,7 k €	+169%	-32,6 k €
Net result	28 k €	-19.5%	34,8 k €	+166%	13,1 k €	-78.3%	60,2 k €	-38.9%	98,5 k €	+134%	42,1 k €	+4.2%	40,4 k €	+86.5%	21,7 k €	+202%	7,2 k €	+139%	-18,2 k €	-2506%	-699,4 €	-103%	21,9 k €	+165%	-33,6 k €
Balance sheet
Equity	332,4 k €	+4.1%	319,4 k €	+6.6%	299,6 k €	+4.6%	286,6 k €	+0.1%	286,4 k €	+52.4%	187,9 k €	+28.9%	145,8 k €	+48.4%	98,2 k €	+28.3%	76,6 k €	+10.3%	69,4 k €	+84.5%	37,6 k €	-1.8%	38,3 k €	+134%	16,4 k €
Total assets	600,7 k €	-5.2%	633,4 k €	+0.7%	629,3 k €	-3.1%	649,6 k €	+2.0%	636,9 k €	+176%	230,8 k €	+16.6%	197,9 k €	+48.0%	133,7 k €	+18.5%	112,8 k €	+2.1%	110,4 k €	+84.7%	59,8 k €	-1.8%	60,9 k €	+44.1%	42,3 k €
Cash	21,5 k €	+455%	3,9 k €	-91.1%	43,7 k €	-17.7%	53,1 k €	-61.5%	137,9 k €	+29.1%	106,8 k €	+2.8%	103,9 k €	+140%	43,2 k €	+504%	7,2 k €	-44.3%	12,9 k €	-54.4%	28,2 k €	+2.0%	27,6 k €	+545%	4,3 k €
Debts	268,3 k €	-14.6%	314 k €	-2.7%	322,6 k €	-9.1%	354,8 k €	+1.7%	349 k €	+743%	41,4 k €	-17.0%	49,9 k €	+40.9%	35,4 k €	-1.2%	35,9 k €	-10.3%	40 k €	+80.3%	22,2 k €	-1.8%	22,6 k €	-10.4%	25,2 k €
Other
Workforce	–		–		–		–		2,0 ETP		–		–		–		–		1,0 ETP	0.0%	1,0 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 19 ended

Active mandates

GESTIMUM

Director · since 12 décembre 2023 · 0800.072.727

Represented by Jean DAVISTER

Active

Ended mandates

Jean DAVISTER

Manager · since 21 septembre 2018

Ended

Olivier ROCHE

Manager · since 21 septembre 2018

Ended

THG Eupen

Manager · since 21 septembre 2018 · 0465.145.385

Represented by René MICHEL

Ended

Jean DAVISTER

Director · since 01 janvier 2016 · until 12 décembre 2023

Ended

At this address

Other companies at this address

Company	CBE no.
IMMO MONBIJOU● Active	0479.603.335

Annual accounts

Full financial information

	2025	2024	2023	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	9 months	12 months	12 months	12 months
Filing date	28/08/2026	31/07/2025	30/08/2024	30/10/2023	27/10/2022	01/10/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	15/09/2023	16/09/2022	30/09/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/06/2026	28/08/2026	French	PDF
Micro model	31/12/2024	20/06/2025	31/07/2025	French	PDF
Micro model	31/12/2023	21/06/2024	30/08/2024	French	PDF
Micro model	31/03/2023	15/09/2023	30/10/2023	French	PDF
Abridged model	31/03/2022	16/09/2022	27/10/2022	French	PDF
Micro model	31/03/2021	30/09/2021	01/10/2021	French	PDF
Micro model	31/03/2020	18/09/2020	16/10/2020	French	PDF
Micro model	31/03/2019	20/09/2019	31/10/2019	French	PDF
Micro model	31/03/2018	21/09/2018	05/10/2018	French	PDF
Micro model	31/03/2017	15/09/2017	15/12/2017	French	PDF
Abridged model	31/03/2016	22/09/2016	14/11/2016	French	PDF
Abridged model	31/03/2015	30/09/2015	09/10/2015	French	PDF
Abridged model	31/03/2014	19/09/2014	23/10/2014	French	PDF
Abridged model	31/03/2013	20/09/2013	28/10/2013	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 19 ended

Active mandates

GESTIMUM

Director · since 12 décembre 2023 · 0800.072.727

Represented by Jean DAVISTER

Active

Ended mandates

Jean DAVISTER

Manager · since 21 septembre 2018

Ended

Olivier ROCHE

Manager · since 21 septembre 2018

Ended

THG Eupen

Manager · since 21 septembre 2018 · 0465.145.385

Represented by René MICHEL

Ended

Jean DAVISTER

Director · since 01 janvier 2016 · until 12 décembre 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office10/12/2021
SIEGE SOCIAL
PDF
Mandates11/12/2020
DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Mandates23/10/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates05/02/2016
DEMISSIONS, NOMINATIONS
PDF
Registered office14/08/2014
SIEGE SOCIAL
PDF
Other19/03/2012
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202528 k €↓
2024
Annual accounts 202434,8 k €↑
2023
Annual accounts 202313,1 k €↓
2023
Annual accounts 202360,2 k €↓
2022
Annual accounts 202298,5 k €↑
2021
Annual accounts 202142,1 k €↑
2020
Annual accounts 202040,4 k €↑
2018
Annual accounts 201821,7 k €↑
2017
Annual accounts 20177,2 k €↑
2016
Annual accounts 2016-18,2 k €↓
2015
Annual accounts 2015-699,4 €↓
2014
Annual accounts 201421,9 k €↑
2013
Annual accounts 2013-33,6 k €
07/03/2012
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

THG MALMEDY

Overview

What does THG MALMEDY do?

Trend over 13 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