ACTIVE

THIMA

Financial year 2025 · closed on 31/12/2025
Net result
12,1 k €
+3893.4% YoY
Gross margin
29,5 k €
+187.0% YoY
Equity
97,2 k €
+14.2% YoY

What does THIMA do?

THIMA is a Private limited company incorporated in 2004. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Deerlijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0867.320.748
Incorporation
20/09/2004
Legal form
Private limited company
Registered office
Veemeersstraat 5
8540 Deerlijk · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin29,5 k €10,3 k €12,7 k €40,4 k €19 k €21 k €3,1 k €4 k €4 k €22,1 k €78,2 k €116,6 k €98,5 k €131,9 k €101 k €178,4 k €95,9 k €133,5 k €161,4 k €
EBITDA28,1 k €9,2 k €11,7 k €40,1 k €18,3 k €17,6 k €-758,8 €2,4 k €2,3 k €20,4 k €35 k €29,3 k €16 k €29,7 k €17,8 k €74,1 k €32,7 k €53,9 k €43,3 k €
Operating result15,9 k €378,5 €-588,7 €34,9 k €14,9 k €17,6 k €-758,8 €-8,3 k €-13,9 k €3,1 k €-250 €7 k €-6,4 k €6,3 k €-148 €59,2 k €11 k €32,4 k €28,1 k €
Net result12,1 k €-318,7 €-1 k €26,2 k €13,8 k €19,5 k €-2,7 k €-9,7 k €-15,4 k €896 €-21,7 k €4,2 k €-8,7 k €2,9 k €-3,9 k €44,9 k €7,5 k €19,3 k €20,7 k €
Balance sheet
Equity97,2 k €85,1 k €85,4 k €86,4 k €60,2 k €37,6 k €90,1 k €92,8 k €102,4 k €117,9 k €117 k €138,7 k €142,5 k €151,2 k €148,3 k €152,3 k €107,4 k €99,9 k €80,6 k €
Total assets129,9 k €99,9 k €115,9 k €122,9 k €84,7 k €53,9 k €124,9 k €136,9 k €153,2 k €172,2 k €204,2 k €235,7 k €244 k €262,1 k €232,6 k €263,1 k €277 k €180,9 k €176,5 k €
Cash80,2 k €53,7 k €79,3 k €73,7 k €66,6 k €44 k €106,4 k €97,6 k €95,8 k €81,5 k €79,7 k €75,1 k €65,2 k €72,3 k €50,1 k €102,9 k €85,1 k €54,3 k €70,5 k €
Debts32,7 k €14,8 k €30,5 k €36,5 k €24,5 k €16,3 k €34,8 k €44,1 k €50,8 k €54,3 k €87,2 k €97 k €101,5 k €110,9 k €84,2 k €110,8 k €169,6 k €80,9 k €95,9 k €
Other
Workforce0,9 ETP1,8 ETP1,8 ETP2,3 ETP2,1 ETP3,0 ETP2,0 ETP1,0 ETP3,0 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 · 5 ended

Active mandates

Matthieu Naessens

Director · since 06 juin 2025

Active

Ended mandates

Thibaut Devoldere

Manager · since 25 février 2019 · until 14 juin 2019

Ended
Matthieu Naessens

Director · since 10 août 2007

Ended
Matthieu Naessens

Manager · since 10 août 2007

Ended
Dany Naessens

Mandate

Ended
At this address

Other companies at this address

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MABRICKActive
0544.459.416
NEHAActive
0745.939.007
SIEFOActive
0783.497.011
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date15/06/202607/07/202523/07/202413/06/202327/06/202217/06/2021
General meeting06/06/202626/06/202528/06/202403/06/202304/06/202205/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202506/06/202615/06/2026DutchPDF
Micro model31/12/202426/06/202507/07/2025DutchPDF
Micro model31/12/202328/06/202423/07/2024DutchPDF
Micro model31/12/202203/06/202313/06/2023DutchPDF
Micro model31/12/202104/06/202227/06/2022DutchPDF
Micro model31/12/202005/06/202117/06/2021DutchPDF
Micro model31/12/201906/06/202030/06/2020DutchPDF
Micro model31/12/201801/06/201924/06/2019DutchPDF
Micro model31/12/201711/06/201810/07/2018DutchPDF
Micro model31/12/201624/06/201703/07/2017DutchPDF
Abridged model31/12/201525/06/201613/07/2016DutchPDF
Abridged model31/12/201427/06/201526/08/2015DutchPDF
Abridged model31/12/201330/06/201422/07/2014DutchPDF
Abridged model31/12/201201/06/201327/06/2013DutchPDF
Abridged model31/12/201102/06/201229/06/2012DutchPDF
Abridged model31/12/201004/06/201128/06/2011DutchPDF
Abridged model31/12/200905/06/201029/06/2010DutchPDF
Abridged model31/12/200807/06/200901/07/2009DutchPDF
Abridged model31/12/200707/06/200826/06/2008DutchPDF
Abridged model31/12/200602/06/200703/07/2007DutchPDF
Abridged model31/12/200503/06/200608/01/2007DutchPDF
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 · 5 ended

Active mandates

Matthieu Naessens

Director · since 06 juin 2025

Active

Ended mandates

Thibaut Devoldere

Manager · since 25 février 2019 · until 14 juin 2019

Ended
Matthieu Naessens

Director · since 10 août 2007

Ended
Matthieu Naessens

Manager · since 10 août 2007

Ended
Dany Naessens

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring21/08/2026
    (Partiële) splitsing
    PDF
  • Restructuring05/05/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates12/06/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/04/2019
    BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares04/02/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates05/09/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/09/2004
    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 202512,1 k €
  2. 2024
    Annual accounts 2024-318,7 €
  3. 2023
    Annual accounts 2023-1 k €
  4. 2022
    Annual accounts 202226,2 k €
  5. 2021
    Annual accounts 202113,8 k €
  6. 2019
    Annual accounts 201919,5 k €
  7. 2018
    Annual accounts 2018-2,7 k €
  8. 2017
    Annual accounts 2017-9,7 k €
  9. 2016
    Annual accounts 2016-15,4 k €
  10. 2015
    Annual accounts 2015896 €
  11. 2014
    Annual accounts 2014-21,7 k €
  12. 2013
    Annual accounts 20134,2 k €
  13. 2012
    Annual accounts 2012-8,7 k €
  14. 2011
    Annual accounts 20112,9 k €
  15. 2010
    Annual accounts 2010-3,9 k €
  16. 2009
    Annual accounts 200944,9 k €
  17. 2008
    Annual accounts 20087,5 k €
  18. 2007
    Annual accounts 200719,3 k €
  19. 2006
    Annual accounts 200620,7 k €
  20. 20/09/2004
    IncorporationPrivate limited company