ACTIVE

Thornton Bank Maintenance Services

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Financial year 2025 · Closed on 31/12/2025

Net result217,4 k €+21,6 %over 1 year
Gross margin4,5 M €
Equity244,5 k €-11,8 %over 1 year
Workforce40,7 ETP+25,2 %over 1 year

Identity

Source · BCE/KBO

Thornton Bank Maintenance Services is a Private limited company incorporated in 2007. Its main activity is: Installation of industrial machinery and equipment. Its registered office is in Oostende. It employs on average 40,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0893.526.089
Incorporation
16/11/2007
Legal form
Private limited company
Registered office
Buskruitstraat 1
8400 Oostende · FlandreSee on map
Contributed capital
27 079,42 €
Latest accounts
31/12/2025
Average workforce
40,7 ETP
Joint committees (3)
  • 100
  • 111
  • 209
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin4,5 M €––––
EBITDA229,7 k €195,3 k €232,6 k €208,3 k €207,3 k €
Operating result229,7 k €195,3 k €184,4 k €170,6 k €151,6 k €
Net result217,4 k €178,8 k €174,9 k €163 k €144,9 k €
Balance sheet
Equity244,5 k €277,1 k €398,3 k €223,4 k €460,4 k €
Total assets873,5 k €749,5 k €890,6 k €825,5 k €889,3 k €
Cash419 k €402,1 k €460,1 k €317,7 k €385,5 k €
Debts629,1 k €472,4 k €492,3 k €602,1 k €428,9 k €
Other
Workforce40,7 ETP32,5 ETP31,9 ETP30,4 ETP30,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

Dirk Magnus

Director · since 09 octobre 2019

Active
Johan Calliauw

Director · since 09 octobre 2019

Active

Ended mandates

Dirk Magnus

Director · since 24 octobre 2019

Ended
Johan Calliauw

Director · since 24 octobre 2019

Ended
Dirk Magnus

Manager · since 09 octobre 2019

Ended
Johan Calliauw

Manager · since 09 octobre 2019

Ended

Other companies at this address

Buskruitstraat 1 8400 Oostende
CompanyCBE no.
C - Power● Active
0466.525.755

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull 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 date01/06/202617/06/202503/06/202430/05/202330/05/202215/03/2022
General meeting08/05/202609/05/202510/05/202412/05/202313/05/202214/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/05/202601/06/2026DutchPDF
Full model31/12/202409/05/202517/06/2025DutchPDF
Full model31/12/202310/05/202403/06/2024DutchPDF
Full model31/12/202212/05/202330/05/2023DutchPDF
Full model31/12/202113/05/202230/05/2022DutchPDF
Full modelCorrection31/12/202014/05/202115/03/2022DutchPDF
Full model31/12/202014/05/202111/06/2021DutchPDF
Full model31/12/201915/05/202011/06/2020DutchPDF
Full model31/12/201817/04/202020/05/2020DutchPDF
Full model31/12/201724/07/201823/08/2018DutchPDF
Full model31/12/201624/07/201730/08/2017DutchPDF
Full model31/12/201531/07/201630/08/2016DutchPDF
Full modelCorrection31/03/201523/11/201503/08/2016DutchPDF
Full model31/03/201530/09/201530/11/2015DutchPDF
Full modelCorrection31/03/201431/08/201426/11/2015DutchPDF
Full model31/03/201431/08/201429/09/2014DutchPDF
Full model31/03/201317/09/201307/11/2013DutchPDF
Full model31/03/201213/08/201229/08/2012DutchPDF
Full model31/03/201130/09/201115/12/2011DutchPDF
Full model31/03/201007/09/201005/11/2010DutchPDF
Abridged model31/03/200931/08/200912/11/2009DutchPDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

Dirk Magnus

Director · since 09 octobre 2019

Active
Johan Calliauw

Director · since 09 octobre 2019

Active

Ended mandates

Dirk Magnus

Director · since 24 octobre 2019

Ended
Johan Calliauw

Director · since 24 octobre 2019

Ended
Dirk Magnus

Manager · since 09 octobre 2019

Ended
Johan Calliauw

Manager · since 09 octobre 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/11/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/12/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares05/06/2020
    KAPITAAL - AANDELEN
    PDF
  • Mandates18/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates03/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025217,4 k €↑
  2. 2024
    Annual accounts 2024178,8 k €↑
  3. 2023
    Annual accounts 2023174,9 k €↑
  4. 2022
    Annual accounts 2022163 k €↑
  5. 2021
    Annual accounts 2021144,9 k €↓
  6. 2018
    Annual accounts 2018375,4 k €
  7. 16/11/2007
    IncorporationPrivate limited company