ACTIVE

THEMABOUW

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Financial year 2025 · closed on 31/12/2025

Net result

43,9 k €

-69.1% YoY

Gross margin

71,6 k €

-75.8% YoY

Equity

863,2 k €

+1.4% YoY

What does THEMABOUW do?

THEMABOUW is a Private limited company incorporated in 2006. Its main activity is: Construction of buildings. Its registered office is in Alken.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.960.523

Incorporation

19/06/2006

Legal form

Private limited company

Registered office

Weyerstraat 47
3570 Alken · FlandreSee on map

Contributed capital

83 060,00 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 43110Demolition 43110Demolition 45111Sale of cars and light motor vehicles

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	71,6 k €	-75.8%	296,1 k €	+191%	101,8 k €	+64.8%	61,8 k €	-52.7%	130,5 k €	+131%	56,5 k €	-37.2%	90 k €	-41.5%	153,7 k €	-27.0%	210,4 k €	+29.3%	162,7 k €	-16.4%	194,7 k €	-36.3%	305,8 k €	+2.3%	298,9 k €	+46.7%	203,7 k €	-20.6%	256,7 k €	-11.5%	290 k €	+81.7%	159,6 k €	+40.2%	113,8 k €	+22.9%	92,6 k €
EBITDA	70 k €	-66.7%	209,9 k €	+399%	42 k €	+160%	16,2 k €	-83.9%	100,5 k €	+125%	44,7 k €	-19.2%	55,3 k €	-48.1%	106,6 k €	-13.6%	123,3 k €	+86.5%	66,1 k €	-2.6%	67,9 k €	-35.4%	105,1 k €	-3.5%	108,9 k €	+107%	52,5 k €	-57.9%	124,6 k €	-21.7%	159,1 k €	+59.6%	99,7 k €	+36.0%	73,3 k €	-4.5%	76,8 k €
Operating result	57,6 k €	-70.8%	197,4 k €	+556%	30,1 k €	+428%	5,7 k €	-94.0%	94,4 k €	+140%	39,4 k €	-4.8%	41,4 k €	-53.1%	88,3 k €	-17.6%	107,1 k €	+115%	49,8 k €	-0.2%	49,9 k €	-45.8%	92,1 k €	+0.0%	92 k €	+160%	35,4 k €	-67.3%	108,5 k €	-24.7%	144,1 k €	+62.9%	88,5 k €	+40.4%	63 k €	+3.7%	60,8 k €
Net result	43,9 k €	-69.1%	142,2 k €	+607%	20,1 k €	+266%	5,5 k €	-92.0%	68,4 k €	+113%	32,1 k €	+1.0%	31,7 k €	-43.6%	56,3 k €	-3.7%	58,4 k €	+80.7%	32,3 k €	-34.4%	49,3 k €	-31.4%	71,9 k €	+7.2%	67 k €	+178%	24,1 k €	-67.4%	73,9 k €	-27.8%	102,4 k €	+59.4%	64,3 k €	+38.4%	46,4 k €	+1.8%	45,6 k €
Balance sheet
Equity	863,2 k €	+1.4%	851,1 k €	+11.2%	765,2 k €	-4.8%	803,5 k €	-3.2%	830,4 k €	+9.0%	762 k €	+4.4%	729,9 k €	+4.5%	698,2 k €	+8.8%	641,9 k €	+10.0%	583,5 k €	+5.9%	551,2 k €	+9.8%	501,8 k €	+16.7%	430 k €	+18.5%	362,9 k €	+7.1%	338,8 k €	+27.9%	264,9 k €	+63.0%	162,5 k €	+65.4%	98,2 k €	+89.7%	51,8 k €
Total assets	1 M €	-6.0%	1,1 M €	+18.5%	899,7 k €	-1.3%	912 k €	-4.4%	954,2 k €	+13.8%	838,8 k €	+6.7%	786,3 k €	-2.4%	805,4 k €	-5.5%	852,4 k €	+21.0%	704,1 k €	+15.4%	610,3 k €	+4.3%	585,4 k €	-42.4%	1 M €	-17.4%	1,2 M €	+37.0%	897,8 k €	+16.3%	771,9 k €	+122%	347,3 k €	+25.7%	276,2 k €	+68.7%	163,8 k €
Cash	221,9 k €	-47.8%	425,3 k €	+647%	56,9 k €	-59.8%	141,7 k €	-72.3%	512,1 k €	+203%	169,2 k €	-56.0%	384,4 k €	+76.8%	217,4 k €	-32.3%	321,1 k €	-2.1%	327,9 k €	+27.6%	257 k €	-16.2%	306,5 k €	+2.9%	298 k €	+42.7%	208,9 k €	-12.9%	239,8 k €	+7.5%	223 k €	+27.3%	175,2 k €	+51.8%	115,4 k €	+161%	44,2 k €
Debts	138,9 k €	-35.4%	214,9 k €	+59.7%	134,6 k €	+24.0%	108,5 k €	-12.4%	123,9 k €	+61.4%	76,8 k €	+36.1%	56,4 k €	-47.4%	107,2 k €	-49.1%	210,5 k €	+74.4%	120,7 k €	+104%	59,2 k €	+3.1%	57,4 k €	-90.2%	585,7 k €	-32.5%	867,4 k €	+55.2%	558,9 k €	+10.3%	506,6 k €	+174%	184,8 k €	+3.8%	178 k €	+59.0%	112 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		4,0 ETP	-11.1%	4,5 ETP	-22.4%	5,8 ETP	+5.5%	5,5 ETP	+44.7%	3,8 ETP	0.0%	3,8 ETP	+111%	1,8 ETP	+80.0%	1,0 ETP	+233%	0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Mario Thijs

Director

Active

Theo Vanhentenrijk

Director

Active

Ended mandates

Eddy Thijs

Manager · since 20 juin 2006

Ended

Mario Thijs

Manager · since 20 juin 2006

Ended

Theo Vanhentenrijk

Manager · since 20 juin 2006

Ended

Eddy Thijs

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
THEMA CONSTRUCT● Active	0635.940.017

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	16/06/2026	30/06/2025	19/06/2024	30/06/2023	19/07/2022	01/07/2021
General meeting	04/06/2026	05/06/2025	06/06/2024	08/06/2023	02/06/2022	03/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/06/2026	16/06/2026	Dutch	PDF
Micro model	31/12/2024	05/06/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	06/06/2024	19/06/2024	Dutch	PDF
Micro model	31/12/2022	08/06/2023	30/06/2023	Dutch	PDF
Micro model	31/12/2021	02/06/2022	19/07/2022	Dutch	PDF
Micro model	31/12/2020	03/06/2021	01/07/2021	Dutch	PDF
Micro model	31/12/2019	04/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	06/06/2019	27/06/2019	Dutch	PDF
Micro model	31/12/2017	07/06/2018	10/08/2018	Dutch	PDF
Micro model	31/12/2016	02/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	02/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	04/06/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	05/06/2014	15/07/2014	Dutch	PDF
Abridged model	31/12/2012	06/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	16/06/2010	09/07/2010	Dutch	PDF
Abridged model	31/12/2008	04/06/2009	22/06/2009	Dutch	PDF
Abridged model	31/12/2007	05/06/2008	02/07/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 6 ended

Active mandates

Mario Thijs

Director

Active

Theo Vanhentenrijk

Director

Active

Ended mandates

Eddy Thijs

Manager · since 20 juin 2006

Ended

Mario Thijs

Manager · since 20 juin 2006

Ended

Theo Vanhentenrijk

Manager · since 20 juin 2006

Ended

Eddy Thijs

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/10/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other29/06/2006
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 202543,9 k €↓
2024
Annual accounts 2024142,2 k €↑
2023
Annual accounts 202320,1 k €↑
2022
Annual accounts 20225,5 k €↓
2021
Annual accounts 202168,4 k €↑
2020
Annual accounts 202032,1 k €↑
2019
Annual accounts 201931,7 k €↓
2018
Annual accounts 201856,3 k €↓
2017
Annual accounts 201758,4 k €↑
2016
Annual accounts 201632,3 k €↓
2015
Annual accounts 201549,3 k €↓
2014
Annual accounts 201471,9 k €↑
2013
Annual accounts 201367 k €↑
2012
Annual accounts 201224,1 k €↓
2011
Annual accounts 201173,9 k €↓
2010
Annual accounts 2010102,4 k €↑
2009
Annual accounts 200964,3 k €↑
2008
Annual accounts 200846,4 k €↑
2007
Annual accounts 200745,6 k €
19/06/2006
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

THEMABOUW

Overview

What does THEMABOUW do?

Trend over 19 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