ACTIVE

THIAN INVEST

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Financial year 2025 · closed on 30/06/2025

Net result

56,1 k €

+11.6% YoY

Gross margin

67,3 k €

+442.2% YoY

Equity

468,1 k €

+13.6% YoY

What does THIAN INVEST do?

THIAN INVEST is a Private limited company incorporated in 2007. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.178.077

Incorporation

30/10/2007

Legal form

Private limited company

Registered office

Meldertstraat 11 box 403
3500 Hasselt · FlandreSee on map

Contributed capital

166 900,00 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2011		2010
Income statement
Gross margin	67,3 k €	+442%	12,4 k €	-2.7%	12,8 k €	-85.4%	87,5 k €	+69.2%	51,7 k €	+40.0%	36,9 k €	-40.7%	62,3 k €	+26.6%	49,2 k €	-26.4%	66,8 k €	-29.1%	94,2 k €	+63.1%	57,7 k €	-20.7%	72,8 k €	+18.0%	61,7 k €	+2.8%	60 k €
EBITDA	65 k €	+750%	7,6 k €	-26.6%	10,4 k €	-87.2%	81,6 k €	+68.4%	48,5 k €	+51.6%	32 k €	-41.1%	54,3 k €	+25.3%	43,3 k €	-31.4%	63,1 k €	-28.8%	88,7 k €	+64.7%	53,8 k €	-18.9%	66,4 k €	+9.6%	60,5 k €	+13.6%	53,3 k €
Operating result	58,8 k €	+2044%	2,7 k €	+122%	-12,2 k €	-121%	58,3 k €	+134%	25 k €	+270%	6,7 k €	-76.2%	28,4 k €	+65.8%	17,1 k €	-57.4%	40,2 k €	-42.0%	69,3 k €	+73.2%	40 k €	-23.9%	52,5 k €	+20.1%	43,7 k €	+61.8%	27 k €
Net result	56,1 k €	+11.6%	50,3 k €	+337%	-21,2 k €	-151%	41,8 k €	+105%	20,4 k €	+673%	2,6 k €	-84.0%	16,4 k €	+235%	4,9 k €	-68.7%	15,6 k €	+142%	6,5 k €	-22.2%	8,3 k €	-48.4%	16,1 k €	+25.1%	12,8 k €	+349%	2,9 k €
Balance sheet
Equity	468,1 k €	+13.6%	412 k €	+13.6%	362,6 k €	-5.5%	383,8 k €	+12.0%	342,8 k €	+6.3%	322,4 k €	+0.8%	319,8 k €	+5.4%	303,3 k €	+1.6%	298,4 k €	+5.5%	282,8 k €	+2.3%	276,3 k €	+3.1%	268 k €	+34.9%	198,7 k €	+6.9%	185,8 k €
Total assets	538,5 k €	+11.2%	484,3 k €	-37.2%	770,6 k €	+1.1%	762 k €	-12.7%	873,3 k €	+3.9%	840,7 k €	-1.3%	851,9 k €	+1.0%	843,6 k €	-2.4%	864,5 k €	+7.6%	803,7 k €	+3.2%	778,7 k €	-2.7%	800,6 k €	-1.3%	810,9 k €	-3.6%	840,9 k €
Cash	693 €	-39.2%	1,1 k €	+80.9%	630,2 €	-35.4%	975,6 €	+569%	145,9 €	-92.9%	2 k €	+4088860%	0,1 €	-99.8%	23,8 €	-86.1%	170,5 €	+70.8%	99,8 €	+199500%	0,1 €	-100.0%	2,6 k €	+161%	984,2 €	-88.9%	8,9 k €
Debts	70,4 k €	-2.6%	72,3 k €	-82.3%	408 k €	+7.9%	378,1 k €	-28.7%	530,5 k €	+2.4%	518,3 k €	-2.6%	532,1 k €	-1.5%	540,3 k €	-4.5%	566 k €	+11.5%	507,6 k €	+1.1%	502 k €	-5.7%	532,6 k €	-12.9%	611,7 k €	-6.6%	655 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 6 ended

Active mandates

RUDY MANGERSCHOTS

Mandate

Active

Ended mandates

Rudy Mangelschots

Manager · since 28 novembre 2009

Ended

MIEKE VAN CRAENENCONCK

Mandate

Ended

Mieke Van Craenendonck

Manager

Ended

MIEKE VAN CRAENENDONCK

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
ANTHI● Active	0790.392.523
DDS Products Holding● Active	0802.740.821
PERFORMANCE SERVICE● Active	0895.818.556
Waves Group● Active	1020.067.935

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/12/2025	30/01/2025	31/01/2024	30/08/2023	29/03/2022	14/08/2021
General meeting	29/12/2025	30/01/2025	31/01/2024	30/08/2023	29/01/2022	14/08/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	29/12/2025	29/12/2025	Dutch	PDF
Micro model	30/06/2024	30/01/2025	30/01/2025	Dutch	PDF
Abridged model	30/06/2023	31/01/2024	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	30/08/2023	30/08/2023	Dutch	PDF
Abridged model	30/06/2021	29/01/2022	29/03/2022	Dutch	PDF
Abridged model	30/06/2020	14/08/2021	14/08/2021	Dutch	PDF
Abridged model	30/06/2019	31/12/2019	23/03/2020	Dutch	PDF
Abridged model	30/06/2018	31/12/2018	12/07/2019	Dutch	PDF
Abridged model	30/06/2017	31/12/2017	28/02/2018	Dutch	PDF
Abridged model	30/06/2016	31/12/2016	08/03/2017	Dutch	PDF
Abridged model	30/06/2015	22/12/2015	12/01/2016	Dutch	PDF
Abridged model	30/06/2014	15/12/2014	13/01/2015	Dutch	PDF
Abridged model	30/06/2013	01/12/2013	14/02/2014	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	06/12/2012	Dutch	PDF
Abridged model	30/06/2011	06/01/2012	06/02/2012	Dutch	PDF
Abridged model	30/06/2010	01/12/2010	17/01/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 1 active · 6 ended

Active mandates

RUDY MANGERSCHOTS

Mandate

Active

Ended mandates

Rudy Mangelschots

Manager · since 28 novembre 2009

Ended

MIEKE VAN CRAENENCONCK

Mandate

Ended

Mieke Van Craenendonck

Manager

Ended

MIEKE VAN CRAENENDONCK

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/01/2024
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/02/2010
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office13/06/2008
MAATSCHAPPELIJKE ZETEL
PDF
Other09/11/2007
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 202556,1 k €↑
2024
Annual accounts 202450,3 k €↑
2023
Annual accounts 2023-21,2 k €↓
2022
Annual accounts 202241,8 k €↑
2021
Annual accounts 202120,4 k €↑
2020
Annual accounts 20202,6 k €↓
2019
Annual accounts 201916,4 k €↑
2018
Annual accounts 20184,9 k €↓
2017
Annual accounts 201715,6 k €↑
2016
Annual accounts 20166,5 k €↓
2015
Annual accounts 20158,3 k €↓
2014
Annual accounts 201416,1 k €↑
2011
Annual accounts 201112,8 k €↑
2010
Annual accounts 20102,9 k €
30/10/2007
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

THIAN INVEST

Overview

What does THIAN INVEST do?

Trend over 14 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