ACTIVE

Tithas Management

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Financial year 2025 · closed on 31/03/2025

Net result

453,3 k €

+61.7% YoY

Gross margin

789,8 k €

+31.9% YoY

Equity

2,1 M €

+27.3% YoY

What does Tithas Management do?

Tithas Management is a Private limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Sint-Genesius-Rode.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.084.839

Incorporation

25/10/2007

Legal form

Private limited company

Registered office

Avenue de la Turquoise 15
1640 Sint-Genesius-Rode · FlandreSee on map

Contributed capital

93 400,00 €

Latest accounts

31/03/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	789,8 k €	+31.9%	598,9 k €	+43.0%	418,8 k €	-38.8%	684,7 k €	+67.9%	407,9 k €	+32.8%	307,1 k €	+0.8%	304,7 k €	+6.4%	286,4 k €	-10.9%	321,5 k €	-13.2%	370,5 k €	+4.8%	353,5 k €	+2.4%	345,1 k €	+2.5%	336,7 k €	-4.6%	352,8 k €	+30.9%	269,5 k €	+16.6%	231,2 k €	+26.0%	183,4 k €
EBITDA	779,5 k €	+33.0%	586,1 k €	+44.6%	405,3 k €	-39.8%	673,5 k €	+70.4%	395,2 k €	+34.3%	294,2 k €	-0.2%	294,8 k €	+7.8%	273,4 k €	-12.9%	314 k €	-13.6%	363,5 k €	+4.7%	347 k €	+2.6%	338,2 k €	+2.1%	331,2 k €	-4.7%	347,4 k €	+30.6%	265,9 k €	+16.2%	228,8 k €	+27.7%	179,2 k €
Operating result	663,2 k €	+38.4%	479,3 k €	+60.7%	298,3 k €	-45.7%	549,1 k €	+120%	249,6 k €	+173%	91,6 k €	-50.6%	185,5 k €	+13.2%	163,9 k €	+46.1%	112,2 k €	-62.0%	294,9 k €	+8.5%	271,8 k €	+3.4%	263 k €	+49.6%	175,8 k €	-40.4%	294,8 k €	+87.6%	157,2 k €	-18.9%	193,8 k €	+51.5%	128 k €
Net result	453,3 k €	+61.7%	280,4 k €	+50.8%	185,9 k €	-61.0%	477,3 k €	+212%	153,1 k €	+661%	20,1 k €	-66.1%	59,3 k €	+605%	8,4 k €	+278%	2,2 k €	-98.5%	151,9 k €	+184%	53,5 k €	-38.4%	86,9 k €	-14.4%	101,5 k €	-49.6%	201,5 k €	+115%	93,6 k €	-16.7%	112,3 k €	+80.6%	62,2 k €
Balance sheet
Equity	2,1 M €	+27.3%	1,7 M €	+20.3%	1,4 M €	+15.6%	1,2 M €	+13.8%	1 M €	+17.1%	895,7 k €	+2.3%	875,6 k €	+7.3%	816,3 k €	+1.0%	807,9 k €	+0.3%	805,6 k €	+23.2%	653,8 k €	+36.1%	480,3 k €	+124%	214 k €	+90.3%	112,5 k €	-60.8%	287 k €	+48.4%	193,4 k €	+138%	81,2 k €
Total assets	5,4 M €	+22.9%	4,4 M €	+13.6%	3,9 M €	+37.6%	2,8 M €	-3.5%	2,9 M €	+1.8%	2,9 M €	+20.1%	2,4 M €	-3.4%	2,5 M €	-2.9%	2,6 M €	+33.4%	1,9 M €	+10.2%	1,7 M €	+4.3%	1,7 M €	+9.4%	1,5 M €	+31.6%	1,2 M €	-2.9%	1,2 M €	+70.6%	698,4 k €	+13.0%	617,9 k €
Cash	145,8 k €	+69.1%	86,2 k €	+117%	39,7 k €	-93.5%	609,4 k €	+106%	296,3 k €	-48.1%	570,9 k €	+40.3%	406,8 k €	-3.9%	423,1 k €	-7.1%	455,4 k €	-9.7%	504,1 k €	+103%	248,7 k €	-42.6%	433,4 k €	+133%	185,7 k €	+66.3%	111,7 k €	-49.5%	220,9 k €	+49.6%	147,7 k €	+64.3%	89,9 k €
Debts	3,3 M €	+20.7%	2,7 M €	+10.3%	2,5 M €	+55.2%	1,6 M €	-16.1%	1,9 M €	-5.0%	2 M €	+30.4%	1,5 M €	-8.6%	1,7 M €	-5.0%	1,7 M €	+57.7%	1,1 M €	+2.3%	1,1 M €	-8.5%	1,2 M €	-8.3%	1,3 M €	+25.8%	1 M €	+15.0%	892,9 k €	+76.8%	504,9 k €	-5.9%	536,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 1 ended

Active mandates

Thomas Bimson

Director

Active

Ended mandates

Thomas Bimson

Mandate

Ended

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/04/2026	13/12/2024	30/11/2023	30/11/2022	25/11/2021	23/11/2020
General meeting	26/09/2025	27/09/2024	29/09/2023	30/09/2022	24/09/2021	25/09/2020
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	26/09/2025	08/04/2026	Dutch	PDF
Micro model	31/03/2024	27/09/2024	13/12/2024	Dutch	PDF
Micro model	31/03/2023	29/09/2023	30/11/2023	Dutch	PDF
Micro model	31/03/2022	30/09/2022	30/11/2022	Dutch	PDF
Micro model	31/03/2021	24/09/2021	25/11/2021	Dutch	PDF
Micro model	31/03/2020	25/09/2020	23/11/2020	Dutch	PDF
Micro model	31/03/2019	27/09/2019	06/11/2019	Dutch	PDF
Micro model	31/03/2018	28/09/2018	31/12/2018	Dutch	PDF
Micro model	31/03/2017	29/09/2017	26/11/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	08/11/2016	Dutch	PDF
Abridged model	31/03/2015	25/09/2015	25/11/2015	Dutch	PDF
Abridged model	31/03/2014	26/09/2014	31/10/2014	Dutch	PDF
Abridged model	31/03/2013	27/09/2013	31/10/2013	Dutch	PDF
Abridged model	31/03/2012	28/10/2012	19/11/2012	Dutch	PDF
Abridged model	31/03/2011	09/09/2011	31/10/2011	Dutch	PDF
Abridged model	31/03/2010	24/09/2010	25/10/2010	Dutch	PDF
Abridged model	31/03/2009	25/09/2009	31/10/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

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 31/03/2025 · 1 active · 1 ended

Active mandates

Thomas Bimson

Director

Active

Ended mandates

Thomas Bimson

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/03/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office07/10/2008
MAATSCHAPPELIJKE ZETEL
PDF
Other29/10/2007
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 2025453,3 k €↑
2024
Annual accounts 2024280,4 k €↑
2023
Annual accounts 2023185,9 k €↓
2022
Annual accounts 2022477,3 k €↑
2021
Annual accounts 2021153,1 k €↑
2020
Annual accounts 202020,1 k €↓
2019
Annual accounts 201959,3 k €↑
2018
Annual accounts 20188,4 k €↑
2017
Annual accounts 20172,2 k €↓
2016
Annual accounts 2016151,9 k €↑
2015
Annual accounts 201553,5 k €↓
2014
Annual accounts 201486,9 k €↓
2013
Annual accounts 2013101,5 k €↓
2012
Annual accounts 2012201,5 k €↑
2011
Annual accounts 201193,6 k €↓
2010
Annual accounts 2010112,3 k €↑
2009
Annual accounts 200962,2 k €
25/10/2007
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

Tithas Management

Overview

What does Tithas Management do?

Trend over 17 financial years

Indicative valuation

Board of directors

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