THLON
0884.272.784 · rovalta.com · 22/09/2026
ACTIVE
THLON
Financial year 2025 · closed on 31/12/2025
Net result
43,1 k €
-78.8% YoY
Gross margin
1,9 M €
-10.0% YoY
Equity
2,5 M €
+1.8% YoY
Workforce
31,7 ETP
+3.9% YoY
Overview
What does THLON do?
THLON is a Private limited company incorporated in 2006. Its registered office is in Londerzeel. It employs on average 31,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0884.272.784
Incorporation
16/10/2006
Legal form
Private limited company
Registered office
Stuikberg 4
1840 Londerzeel · FlandreSee on map
1840 Londerzeel · FlandreSee on map
Contributed capital
1 356 200,00 €
Latest accounts
31/12/2025
Average workforce
31,7 ETP
Joint committees (2)
- 302
- 314
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 1,9 M € | -10.0% | 2,1 M € | +20.0% | 1,8 M € | +4.2% | 1,7 M € | +130% | 734,7 k € | -32.2% | 1,1 M € | -28.1% | 1,5 M € | +13.7% | 1,3 M € | +2.5% | 1,3 M € | -4.8% | 1,4 M € | +11.7% | 1,2 M € | -7.8% | 1,3 M € | +2.5% | 1,3 M € | -1.8% | 1,3 M € | +7.0% | 1,2 M € | +16.8% | 1 M € | +1102% | 87,2 k € | +234% | 26,1 k € |
| EBITDA | 320,2 k € | -51.8% | 664,5 k € | +33.2% | 499 k € | -18.2% | 610,3 k € | +138% | 256,2 k € | -36.6% | 404,2 k € | -26.2% | 547,6 k € | -0.5% | 550,5 k € | +0.4% | 548,2 k € | -11.4% | 618,5 k € | +26.6% | 488,4 k € | -26.3% | 663,1 k € | +14.3% | 580,2 k € | -15.9% | 689,8 k € | +19.1% | 579,4 k € | +64.9% | 351,4 k € | +3305% | -11 k € | +87.3% | -86,1 k € |
| Operating result | -7,8 k € | -102% | 353,6 k € | +61.9% | 218,4 k € | -42.1% | 377,5 k € | +2599% | 14 k € | -88.3% | 119,2 k € | -42.7% | 208,1 k € | -8.8% | 228,3 k € | -4.7% | 239,6 k € | -26.8% | 327,2 k € | +52.5% | 214,6 k € | -37.3% | 342,4 k € | +32.9% | 257,6 k € | -18.5% | 316,2 k € | +39.0% | 227,5 k € | +912% | 22,5 k € | +305% | -11 k € | +87.3% | -86,1 k € |
| Net result | 43,1 k € | -78.8% | 202,8 k € | +27.4% | 159,2 k € | -39.0% | 260,8 k € | +686% | -44,5 k € | -183% | 53,8 k € | -25.3% | 72 k € | -14.6% | 84,3 k € | +127% | 37,2 k € | -79.3% | 179,5 k € | +460% | 32 k € | -78.4% | 148 k € | +419% | 28,5 k € | -77.7% | 127,9 k € | +641% | 17,3 k € | +113% | -129,7 k € | -429% | -24,5 k € | +79.4% | -119,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 2,5 M € | +1.8% | 2,5 M € | +9.0% | 2,2 M € | +7.6% | 2,1 M € | +14.3% | 1,8 M € | -2.4% | 1,9 M € | +3.0% | 1,8 M € | +4.1% | 1,7 M € | +5.1% | 1,7 M € | +2.3% | 1,6 M € | +12.4% | 1,4 M € | +2.3% | 1,4 M € | +11.7% | 1,3 M € | +2.3% | 1,2 M € | +350% | 275 k € | +6.7% | 257,7 k € | +14.5% | 225 k € | +64.3% | 136,9 k € |
| Total assets | 5,6 M € | +2.1% | 5,5 M € | +0.6% | 5,5 M € | +5.1% | 5,2 M € | +3.8% | 5 M € | +7.6% | 4,7 M € | +9.5% | 4,3 M € | -3.4% | 4,4 M € | -6.3% | 4,7 M € | -0.1% | 4,7 M € | -1.9% | 4,8 M € | +5.3% | 4,6 M € | +5.3% | 4,3 M € | -2.3% | 4,4 M € | +17.0% | 3,8 M € | -4.4% | 4 M € | -2.0% | 4 M € | +27.6% | 3,2 M € |
| Cash | 93,7 k € | -43.0% | 164,5 k € | +200% | 54,8 k € | -9.0% | 60,2 k € | -58.0% | 143,6 k € | +12.6% | 127,5 k € | +190% | 44 k € | +258% | 12,3 k € | -79.6% | 60,4 k € | -27.2% | 82,9 k € | -57.6% | 195,7 k € | +30.3% | 150,2 k € | +40.2% | 107,1 k € | -59.6% | 265,2 k € | +32.3% | 200,5 k € | +109% | 96 k € | +7.5% | 89,3 k € | +24.5% | 71,7 k € |
| Debts | 3,1 M € | +2.4% | 3 M € | -5.3% | 3,2 M € | +3.4% | 3,1 M € | -2.2% | 3,2 M € | +19.3% | 2,7 M € | +11.2% | 2,4 M € | -9.3% | 2,6 M € | -12.8% | 3 M € | -1.3% | 3,1 M € | -8.1% | 3,3 M € | +6.7% | 3,1 M € | +2.6% | 3,1 M € | -3.7% | 3,2 M € | -9.5% | 3,5 M € | -5.2% | 3,7 M € | -2.9% | 3,8 M € | +25.9% | 3 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 31,7 ETP | +3.9% | 30,5 ETP | +15.5% | 26,4 ETP | +6.9% | 24,7 ETP | +28.0% | 19,3 ETP | -3.5% | 20,0 ETP | -7.0% | 21,5 ETP | +7.0% | 20,1 ETP | +12.3% | 17,9 ETP | +1.1% | 17,7 ETP | -8.3% | 19,3 ETP | +9.7% | 17,6 ETP | -3.8% | 18,3 ETP | +7.6% | 17,0 ETP | -5.6% | 18,0 ETP | -17.4% | 21,8 ETP | +459% | 3,9 ETP | +85.7% | 2,1 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 29 ended
Active mandates
Frans Van Looy
ActiveMichel Leenen
ActiveChristine Maria Marcella De Love
ActiveJohan Magdalena Van Looy
ActiveEnded mandates
Christine Maria Marcella De Love
EndedJohan Magdalena Van Looy
EndedCHRISTINE DE LOVE
EndedJOHAN VAN LOOY
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/10/2019 |
| 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 | 15 months |
| Filing date | 31/08/2026 | 31/07/2025 | 19/07/2024 | 19/07/2023 | 31/08/2022 | 13/09/2021 |
| General meeting | 30/06/2026 | 13/06/2025 | 11/06/2024 | 13/06/2023 | 14/06/2022 | 25/01/2021 |
| 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 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 31/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 13/06/2025 | 31/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 11/06/2024 | 19/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 13/06/2023 | 19/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 14/06/2022 | 31/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 25/01/2021 | 13/09/2021 | Dutch | |
| Abridged model | 30/09/2019 | 27/05/2020 | 30/06/2020 | Dutch | |
| Abridged model | 30/09/2018 | 30/03/2019 | 29/04/2019 | Dutch | |
| Abridged model | 30/09/2017 | 30/03/2018 | 27/04/2018 | Dutch | |
| Abridged model | 30/09/2016 | 28/03/2017 | 19/07/2017 | Dutch | |
| Abridged model | 30/09/2015 | 29/03/2016 | 28/04/2016 | Dutch | |
| Abridged model | 30/09/2014 | 03/03/2015 | 21/04/2015 | Dutch | |
| Abridged model | 30/09/2013 | 04/03/2014 | 20/05/2014 | Dutch | |
| Abridged model | 30/09/2012 | 25/01/2013 | 04/02/2013 | Dutch | |
| Abridged model | 30/09/2011 | 06/03/2012 | 24/04/2012 | Dutch | |
| Abridged model | 30/09/2010 | 01/03/2011 | 01/04/2011 | Dutch | |
| Abridged model | 30/09/2009 | 02/03/2010 | 09/04/2010 | Dutch | |
| Abridged modelCorrection | 30/09/2008 | 03/03/2009 | 01/09/2009 | Dutch | |
| Abridged model | 30/09/2008 | 03/03/2009 | 31/03/2009 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 29 ended
Active mandates
Frans Van Looy
ActiveMichel Leenen
ActiveChristine Maria Marcella De Love
ActiveJohan Magdalena Van Looy
ActiveEnded mandates
Christine Maria Marcella De Love
EndedJohan Magdalena Van Looy
EndedCHRISTINE DE LOVE
EndedJOHAN VAN LOOY
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates23/10/2023ONTSLAGEN - BENOEMINGEN
- Mandates17/11/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates11/08/2020ONTSLAGEN - BENOEMINGEN
- Mandates18/02/2019ONTSLAGEN - BENOEMINGEN
- Capital / shares10/01/2013KAPITAAL - AANDELEN
- Capital / shares26/10/2009KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares08/12/2006KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other24/10/2006RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202543,1 k €↓
- 2024Annual accounts 2024202,8 k €↑
- 2023Annual accounts 2023159,2 k €↓
- 2022Annual accounts 2022260,8 k €↑
- 2021Annual accounts 2021-44,5 k €↓
- 2020Annual accounts 202053,8 k €↓
- 2019Annual accounts 201972 k €↓
- 2018Annual accounts 201884,3 k €↑
- 2017Annual accounts 201737,2 k €↓
- 2016Annual accounts 2016179,5 k €↑
- 2015Annual accounts 201532 k €↓
- 2014Annual accounts 2014148 k €↑
- 2013Annual accounts 201328,5 k €↓
- 2012Annual accounts 2012127,9 k €↑
- 2011Annual accounts 201117,3 k €↑
- 2010Annual accounts 2010-129,7 k €↓
- 2009Annual accounts 2009-24,5 k €↑
- 2008Annual accounts 2008-119,3 k €
- 16/10/2006IncorporationPrivate limited company