ACTIVE

THO

Financial year 2025 · closed on 31/12/2025
Net result
5,9 k €
-53.5% YoY
Gross margin
16,7 k €
-33.1% YoY
Equity
-21 k €
+21.9% YoY

What does THO do?

THO is a Private limited company incorporated in 2007. Its registered office is in Sprimont.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0891.905.892
Incorporation
07/09/2007
Legal form
Private limited company
Registered office
Haie des Chênes(DLX) 12 box FF
4140 Sprimont · WallonieSee on map
Contributed capital
19 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin16,7 k €25 k €9,8 k €17,1 k €8,5 k €18,6 k €12,6 k €17,3 k €12 k €10,9 k €14,7 k €11,3 k €4,9 k €17 k €14,7 k €10,4 k €11,3 k €774 €
EBITDA14,1 k €22,4 k €7,3 k €14,8 k €6,3 k €16,7 k €11 k €15,7 k €10,2 k €9,1 k €11,5 k €11,3 k €3,5 k €15,7 k €13,5 k €9,2 k €10,1 k €-401 €
Operating result8,1 k €15,3 k €208,6 €7,7 k €-811,8 €9,7 k €4 k €9,3 k €3,7 k €2,7 k €5,1 k €6 k €-1,8 k €10,2 k €5,1 k €1,2 k €2 k €-8 k €
Net result5,9 k €12,7 k €-3,7 k €3,8 k €-5,8 k €4,9 k €-697,6 €3,2 k €-2,3 k €-3,7 k €-1,7 k €-1,2 k €-9,1 k €2,3 k €-3,1 k €-7,4 k €-6,8 k €-27,2 k €
Balance sheet
Equity-21 k €-26,9 k €-39,6 k €-35,9 k €-39,6 k €-33,8 k €-38,7 k €-38 k €-41,2 k €-38,9 k €-35,1 k €-33,4 k €-32,3 k €-23,1 k €-25,4 k €-22,3 k €-14,9 k €-8,2 k €
Total assets133,9 k €139,4 k €143,9 k €151,7 k €158,1 k €164 k €170,2 k €173 k €180,1 k €187,3 k €193,2 k €195,1 k €200,4 k €208,3 k €212,4 k €208,7 k €217,3 k €226,9 k €
Cash812,2 €123 €854,7 €1,2 k €915,5 €2,8 k €2,1 k €599,7 €1,3 k €2 k €1,4 k €2,8 k €2,8 k €5,4 k €4,8 k €1,3 k €1,9 k €3,5 k €
Debts154,9 k €166,2 k €183,4 k €187 k €197,2 k €197,8 k €208,9 k €210,4 k €221,3 k €226,1 k €228,3 k €228,5 k €232,7 k €231,5 k €237,9 k €231 k €232,3 k €235,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Sébastien LAMBERS

Director

Active

Ended mandates

Alexandre LOMBARDO

Director

Ended
Paul Thonon

Director

Ended
Paul Thonon

Administrator - manager

Ended
Paul THONON

Manager

Ended
At this address

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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 date17/07/202619/05/202518/07/202415/05/202306/06/202226/08/2021
General meeting15/06/202605/05/202506/05/202401/05/202302/05/202203/05/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/06/202617/07/2026FrenchPDF
Micro model31/12/202405/05/202519/05/2025FrenchPDF
Micro model31/12/202306/05/202418/07/2024FrenchPDF
Micro model31/12/202201/05/202315/05/2023FrenchPDF
Micro model31/12/202102/05/202206/06/2022FrenchPDF
Micro model31/12/202003/05/202126/08/2021FrenchPDF
Micro model31/12/201904/05/202002/07/2020FrenchPDF
Micro model31/12/201806/05/201927/06/2019FrenchPDF
Micro model31/12/201707/05/201814/06/2018FrenchPDF
Micro model31/12/201602/05/201722/08/2017FrenchPDF
Abridged model31/12/201502/05/201622/06/2016FrenchPDF
Abridged model31/12/201426/06/201513/07/2015FrenchPDF
Abridged model31/12/201330/06/201404/07/2014FrenchPDF
Abridged model31/12/201230/06/201311/07/2013FrenchPDF
Abridged model31/12/201130/06/201220/07/2012FrenchPDF
Abridged model31/12/201030/06/201118/07/2011FrenchPDF
Abridged model31/12/200920/08/201023/08/2010FrenchPDF
Abridged model31/12/200808/07/200909/07/2009FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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

Sébastien LAMBERS

Director

Active

Ended mandates

Alexandre LOMBARDO

Director

Ended
Paul Thonon

Director

Ended
Paul Thonon

Administrator - manager

Ended
Paul THONON

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/04/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other17/09/2007
    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

Timeline

  1. 2025
    Annual accounts 20255,9 k €
  2. 2024
    Annual accounts 202412,7 k €
  3. 2023
    Annual accounts 2023-3,7 k €
  4. 2022
    Annual accounts 20223,8 k €
  5. 2021
    Annual accounts 2021-5,8 k €
  6. 2020
    Annual accounts 20204,9 k €
  7. 2019
    Annual accounts 2019-697,6 €
  8. 2018
    Annual accounts 20183,2 k €
  9. 2017
    Annual accounts 2017-2,3 k €
  10. 2016
    Annual accounts 2016-3,7 k €
  11. 2015
    Annual accounts 2015-1,7 k €
  12. 2014
    Annual accounts 2014-1,2 k €
  13. 2013
    Annual accounts 2013-9,1 k €
  14. 2012
    Annual accounts 20122,3 k €
  15. 2011
    Annual accounts 2011-3,1 k €
  16. 2010
    Annual accounts 2010-7,4 k €
  17. 2009
    Annual accounts 2009-6,8 k €
  18. 2008
    Annual accounts 2008-27,2 k €
  19. 07/09/2007
    IncorporationPrivate limited company