ACTIVE

THEMIS-BELUX

Financial year 2025 · closed on 31/12/2025
Net result
183,2 k €
+868.2% YoY
Gross margin
589 k €
-23.5% YoY
Equity
442 k €
0.0% YoY
Workforce
4,0 ETP
-18.4% YoY

What does THEMIS-BELUX do?

THEMIS-BELUX is a Public limited company incorporated in 2012. Its main activity is: Risk and damage evaluation. Its registered office is in Geraardsbergen. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0845.327.284
Incorporation
18/04/2012
Legal form
Public limited company
Registered office
Majoor Van Lierdelaan(Ove) 38-3
9500 Geraardsbergen · FlandreSee on map
Contributed capital
235 945,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin589 k €769,6 k €539,5 k €541,3 k €674,1 k €458,1 k €398,1 k €403,3 k €279,7 k €367,3 k €346,4 k €435,2 k €234,3 k €
EBITDA300,9 k €389,5 k €12,4 k €132,9 k €332,1 k €179 k €133,8 k €145,1 k €22,3 k €113,8 k €79,2 k €176,1 k €-118,1 k €
Operating result248,7 k €24,9 k €-50,7 k €73,3 k €264,5 k €128,9 k €86,6 k €118,6 k €-19,5 k €68 k €20,5 k €115 k €-191 k €
Net result183,2 k €18,9 k €-56,4 k €50,8 k €203,4 k €94,4 k €62,3 k €80,4 k €-21,7 k €37,8 k €17,9 k €108,5 k €-195,4 k €
Balance sheet
Equity442 k €442 k €423,1 k €479,5 k €428,7 k €335,3 k €285,9 k €263,5 k €183,1 k €204,9 k €167 k €149,1 k €40,6 k €
Total assets1,3 M €1,3 M €1 M €1,1 M €1,2 M €891 k €659,8 k €490,7 k €378,9 k €510,1 k €377,8 k €457,1 k €422,6 k €
Cash128,1 k €656,6 k €182,6 k €165 k €278,2 k €218,5 k €116,2 k €173 k €179 k €214 k €19,2 k €79,5 k €60,9 k €
Debts518,7 k €535,4 k €591,3 k €598,8 k €772,7 k €555,5 k €371,5 k €226,9 k €195,8 k €305,2 k €210,7 k €305,9 k €380,6 k €
Other
Workforce4,0 ETP4,9 ETP6,8 ETP7,3 ETP5,9 ETP5,1 ETP4,9 ETP4,8 ETP4,8 ETP4,9 ETP5,3 ETP4,8 ETP4,8 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 · 24 ended

Active mandates

CLXP

Director · since 26 mai 2025 · until 26 mai 2031 · 0537.635.564

Represented by Christophe LACROIX

Active
TERRANIU

Director · since 26 mai 2025 · until 26 mai 2031 · 0794.546.794

Represented by Tancrède STAGNARA

Active

Ended mandates

Charles GERARDI

Director · since 11 septembre 2023

Ended
TECINEX

Director · since 01 juin 2022 · 0533.752.594

Represented by Jean-Luc PINSART

Ended
Alexis DE MEY

Director · since 01 février 2013 · until 25 septembre 2014

Ended
Alexis DE MEY

Director · since 01 février 2013

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 date26/08/202617/05/202530/09/202421/10/202315/09/202222/12/2021
General meeting15/05/202614/04/202527/09/202411/09/202309/09/202225/11/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/05/202626/08/2026DutchPDF
Abridged model31/12/202414/04/202517/05/2025DutchPDF
Abridged model31/12/202327/09/202430/09/2024DutchPDF
Abridged model31/12/202211/09/202321/10/2023DutchPDF
Abridged model31/12/202109/09/202215/09/2022DutchPDF
Abridged model31/12/202025/11/202122/12/2021DutchPDF
Abridged model31/12/201928/10/202009/11/2020DutchPDF
Abridged model31/12/201827/09/201925/10/2019DutchPDF
Abridged model31/12/201723/07/201824/07/2018DutchPDF
Abridged model31/12/201628/08/201730/08/2017DutchPDF
Abridged model31/12/201528/09/201630/09/2016DutchPDF
Abridged model31/12/201430/09/201530/09/2015DutchPDF
Abridged model31/12/201325/09/201430/09/2014DutchPDF
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 · 24 ended

Active mandates

CLXP

Director · since 26 mai 2025 · until 26 mai 2031 · 0537.635.564

Represented by Christophe LACROIX

Active
TERRANIU

Director · since 26 mai 2025 · until 26 mai 2031 · 0794.546.794

Represented by Tancrède STAGNARA

Active

Ended mandates

Charles GERARDI

Director · since 11 septembre 2023

Ended
TECINEX

Director · since 01 juin 2022 · 0533.752.594

Represented by Jean-Luc PINSART

Ended
Alexis DE MEY

Director · since 01 février 2013 · until 25 septembre 2014

Ended
Alexis DE MEY

Director · since 01 février 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other24/12/2025
    BENAMING
    PDF
  • Mandates24/06/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2013
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares03/12/2012
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other30/04/2012
    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 2025183,2 k €
  2. 2025
    Name changeThemis-Belux
  3. 2024
    Annual accounts 202418,9 k €
  4. 2023
    Annual accounts 2023-56,4 k €
  5. 2022
    Annual accounts 202250,8 k €
  6. 2021
    Annual accounts 2021203,4 k €
  7. 2020
    Annual accounts 202094,4 k €
  8. 2019
    Annual accounts 201962,3 k €
  9. 2018
    Annual accounts 201880,4 k €
  10. 2017
    Annual accounts 2017-21,7 k €
  11. 2016
    Annual accounts 201637,8 k €
  12. 2015
    Annual accounts 201517,9 k €
  13. 2014
    Annual accounts 2014108,5 k €
  14. 2013
    Annual accounts 2013-195,4 k €
  15. 2013
    Name changeLINEA EXPERTISES
  16. 18/04/2012
    IncorporationPublic limited company