THOR COMPOSITES
0892.353.478 · rovalta.com · 22/09/2026
ACTIVE
THOR COMPOSITES
Financial year 2025 · closed on 30/09/2025
Net result
196,1 k €
-35.0% YoY
Gross margin
240,2 k €
-35.1% YoY
Equity
521,9 k €
+28.6% YoY
Workforce
0,0 ETP
Overview
What does THOR COMPOSITES do?
THOR COMPOSITES is a Private limited company incorporated in 2007. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Zwalm.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0892.353.478
Incorporation
27/09/2007
Legal form
Private limited company
Registered office
Heufkensstraat(SDB) 130
9630 Zwalm · FlandreSee on map
9630 Zwalm · FlandreSee on map
Contributed capital
19 000,00 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Activities (NACE)
46180Agents specialised in the sale of other particular products· main46180Agents specialised in the sale of other particular products51180Passenger air transport25110Manufacture of metal structures and parts of structures25110Manufacture of metal structures and parts of structures28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines+9
Joint committees (2)
- 100
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 240,2 k € | -35.1% | 370,4 k € | +29.0% | 287,1 k € | +39.5% | 205,9 k € | -18.9% | 253,7 k € | +40.6% | 180,5 k € | +698% | -30,2 k € | -170% | -11,2 k € | +51.0% | -22,8 k € | -119% | 117,7 k € | +169% | 43,7 k € | +5.0% | 41,6 k € | -43.0% | 73 k € | -3.7% | 75,8 k € | +36.8% | 55,4 k € | -37.3% | 88,4 k € | +90.0% | 46,5 k € |
| EBITDA | 239,6 k € | -35.2% | 369,5 k € | +31.4% | 281,1 k € | +36.9% | 205,3 k € | -18.6% | 252,3 k € | +41.0% | 179 k € | +597% | -36 k € | -153% | -14,2 k € | +42.0% | -24,5 k € | -121% | 116,8 k € | +184% | 41,1 k € | +0.2% | 41 k € | -42.6% | 71,4 k € | -3.8% | 74,3 k € | +38.2% | 53,7 k € | -28.9% | 75,6 k € | +64.2% | 46 k € |
| Operating result | 237,7 k € | -35.4% | 367,7 k € | +31.5% | 279,7 k € | +42.3% | 196,5 k € | -17.1% | 236,9 k € | +173% | 86,9 k € | +163% | -139 k € | -7.2% | -129,6 k € | +2.3% | -132,7 k € | -401% | 44 k € | +3216% | -1,4 k € | +93.9% | -23,1 k € | -89.6% | -12,2 k € | -2273% | 559,8 € | +103% | -19,4 k € | -171% | 27,4 k € | +14.9% | 23,9 k € |
| Net result | 196,1 k € | -35.0% | 301,9 k € | +32.1% | 228,6 k € | +23.1% | 185,8 k € | -20.7% | 234,2 k € | +174% | 85,5 k € | +161% | -140,8 k € | -4.0% | -135,5 k € | +8.4% | -147,9 k € | -453% | 41,9 k € | +2030% | -2,2 k € | +91.6% | -25,9 k € | -63.7% | -15,8 k € | -245% | -4,6 k € | -249% | 3,1 k € | -53.9% | 6,7 k € | -52.2% | 14 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 521,9 k € | +28.6% | 405,8 k € | +73.5% | 233,9 k € | +133% | 100,2 k € | +253% | -65,5 k € | +78.1% | -299,8 k € | +22.2% | -385,3 k € | -57.6% | -244,4 k € | -124% | -109 k € | -401% | 36,2 k € | +728% | -5,8 k € | -60.6% | -3,6 k € | -116% | 22,4 k € | -41.5% | 38,2 k € | -10.7% | 42,8 k € | +7.8% | 39,7 k € | +45.4% | 27,3 k € |
| Total assets | 782,9 k € | +4.1% | 752,3 k € | +13.3% | 663,7 k € | -1.4% | 672,9 k € | +16.0% | 580,3 k € | +16.3% | 499 k € | +47.8% | 337,6 k € | -21.2% | 428,4 k € | +6.8% | 401,2 k € | -10.1% | 446,2 k € | +70.5% | 261,6 k € | +12.6% | 232,4 k € | +8.4% | 214,3 k € | -1.3% | 217 k € | +33.7% | 162,3 k € | -6.7% | 174,1 k € | +213% | 55,6 k € |
| Cash | 36,4 k € | -74.7% | 144 k € | +123% | 64,5 k € | -44.6% | 116,3 k € | +479% | 20,1 k € | +310% | 4,9 k € | -35.9% | 7,6 k € | -10.3% | 8,5 k € | +215% | 2,7 k € | -3.7% | 2,8 k € | -87.2% | 21,9 k € | +348% | 4,9 k € | -64.3% | 13,7 k € | +141% | 5,7 k € | -66.7% | 17,1 k € | -26.5% | 23,3 k € | +153% | 9,2 k € |
| Debts | 255,5 k € | -22.9% | 331,6 k € | -21.0% | 419,8 k € | -26.2% | 568,6 k € | -11.6% | 643,3 k € | -19.5% | 798,7 k € | +10.5% | 722,9 k € | +7.4% | 672,9 k € | +31.9% | 510,2 k € | +25.6% | 406,1 k € | +52.6% | 266,1 k € | +14.3% | 232,7 k € | +21.2% | 191,9 k € | +8.5% | 176,8 k € | +48.0% | 119,5 k € | -11.0% | 134,4 k € | +375% | 28,3 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | 0,0 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 30/09/2025 · 2 active · 10 ended
Active mandates
Active
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
BRO-Company● Active | 0848.346.756 |
Financials
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 | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 07/01/2026 | 16/01/2025 | 05/01/2024 | 16/03/2023 | 14/03/2022 | 08/04/2021 |
| General meeting | 06/01/2026 | 11/01/2025 | 18/12/2023 | 10/01/2023 | 15/02/2022 | 15/03/2021 |
| 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
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 06/01/2026 | 07/01/2026 | Dutch | |
| Abridged model | 30/09/2024 | 11/01/2025 | 16/01/2025 | Dutch | |
| Abridged model | 30/09/2023 | 18/12/2023 | 05/01/2024 | Dutch | |
| Abridged model | 30/09/2022 | 10/01/2023 | 16/03/2023 | Dutch | |
| Abridged model | 30/09/2021 | 15/02/2022 | 14/03/2022 | Dutch | |
| Abridged model | 30/09/2020 | 15/03/2021 | 08/04/2021 | Dutch | |
| Micro model | 30/09/2019 | 21/03/2020 | 30/04/2020 | Dutch | |
| Micro model | 30/09/2018 | 16/03/2019 | 13/04/2019 | Dutch | |
| Micro model | 30/09/2017 | 17/03/2018 | 19/03/2018 | Dutch | |
| Abridged model | 30/09/2016 | 18/03/2017 | 02/05/2017 | Dutch | |
| Abridged model | 30/09/2015 | 15/03/2016 | 12/05/2016 | Dutch | |
| Abridged model | 30/09/2014 | 14/03/2015 | 30/06/2015 | Dutch | |
| Abridged model | 30/09/2013 | 15/03/2014 | 27/06/2014 | Dutch | |
| Abridged model | 30/09/2012 | 16/03/2013 | 24/04/2013 | Dutch | |
| Abridged model | 30/09/2011 | 16/03/2012 | 04/05/2012 | Dutch | |
| Abridged model | 30/09/2010 | 19/03/2011 | 30/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 20/03/2010 | 21/04/2010 | Dutch | |
| Abridged model | 30/09/2008 | 16/05/2009 | 02/06/2009 | 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 30/09/2025 · 2 active · 10 ended
Active mandates
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates26/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
- Mandates15/12/2022MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates22/04/2021ONTSLAGEN - BENOEMINGEN
- Mandates10/11/2010ONTSLAGEN - BENOEMINGEN
- Other05/10/2007RUBRIEK 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 2025196,1 k €↓
- 2024Annual accounts 2024301,9 k €↑
- 2023Annual accounts 2023228,6 k €↑
- 2022Annual accounts 2022185,8 k €↓
- 2021Annual accounts 2021234,2 k €↑
- 2020Annual accounts 202085,5 k €↑
- 2019Annual accounts 2019-140,8 k €↓
- 2018Annual accounts 2018-135,5 k €↑
- 2017Annual accounts 2017-147,9 k €↓
- 2015Annual accounts 201541,9 k €↑
- 2014Annual accounts 2014-2,2 k €↑
- 2013Annual accounts 2013-25,9 k €↓
- 2012Annual accounts 2012-15,8 k €↓
- 2011Annual accounts 2011-4,6 k €↓
- 2010Annual accounts 20103,1 k €↓
- 2009Annual accounts 20096,7 k €↓
- 2008Annual accounts 200814 k €
- 27/09/2007IncorporationPrivate limited company