ACTIVE

THEIA

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Financial year 2025 · closed on 31/12/2025
Net result
133,9 k €
+509.0% YoY
Gross margin
932,5 k €
+55.8% YoY
Equity
316,5 k €
+51.6% YoY
Workforce
10,1 ETP
+24.7% YoY

What does THEIA do?

THEIA is a Private limited company incorporated in 2008. Its main activity is: Electrical installation. Its registered office is in Turnhout. It employs on average 10,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0896.928.910
Incorporation
03/04/2008
Legal form
Private limited company
Registered office
Everdongenlaan 9 box 11
2300 Turnhout · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
10,1 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy43211Electrical installation43211Electrical installation
Joint committees (2)
  • 14901
  • 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212018201720162015201420132012201120102009
Income statement
Gross margin932,5 k €598,7 k €486,7 k €392,2 k €396,2 k €295 k €300,6 k €315,7 k €335,5 k €322,9 k €331,3 k €377,3 k €258,5 k €89,8 k €24,9 k €
EBITDA271,9 k €108,6 k €71,8 k €59 k €50,6 k €43,7 k €68,9 k €68,8 k €104,4 k €53,9 k €55,9 k €74,2 k €65,1 k €32,8 k €24,3 k €
Operating result209,1 k €56,5 k €26,4 k €14,2 k €11,7 k €17,7 k €47,4 k €42,7 k €70,8 k €10,3 k €14,4 k €30,5 k €26,4 k €14,8 k €20,2 k €
Net result133,9 k €22 k €6,5 k €1,4 k €1,3 k €3 k €23,2 k €24,8 k €52,1 k €-2,4 k €674,8 €3 k €5,1 k €10 k €16,6 k €
Balance sheet
Equity316,5 k €208,8 k €186,8 k €180,3 k €178,8 k €84,8 k €81,8 k €58,6 k €53,8 k €26,7 k €29,2 k €28,5 k €25,5 k €20,4 k €10,3 k €
Total assets778,4 k €679,2 k €544,7 k €900,7 k €534,1 k €438 k €407,2 k €412,6 k €322 k €303,5 k €329,1 k €415,4 k €394,2 k €156,6 k €30,4 k €
Cash126,5 k €51 k €0 €29,6 k €93,8 k €18,2 k €–2,6 k €44,4 k €7,6 k €44,2 k €–47,8 k €4,6 k €16 k €
Debts452 k €465,1 k €357,9 k €710,4 k €345,3 k €349,2 k €321,4 k €353,6 k €267,8 k €276,4 k €299,6 k €386,2 k €368,7 k €136,2 k €19,6 k €
Other
Workforce10,1 ETP8,1 ETP6,9 ETP5,9 ETP7,2 ETP5,2 ETP4,8 ETP5,4 ETP4,3 ETP5,2 ETP6,0 ETP6,5 ETP4,1 ETP1,2 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Erik Van Looveren

Manager

Active

Ended mandates

Erik VAN LOOVEREN

Director

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date26/06/202611/07/202518/06/202413/06/202307/07/202229/06/2021
General meeting01/06/202616/06/202503/06/202405/06/202307/06/202207/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202626/06/2026DutchPDF
Abridged model31/12/202416/06/202511/07/2025DutchPDF
Abridged model31/12/202303/06/202418/06/2024DutchPDF
Abridged model31/12/202205/06/202313/06/2023DutchPDF
Abridged model31/12/202107/06/202207/07/2022DutchPDF
Abridged model31/12/202007/06/202129/06/2021DutchPDF
Abridged model31/12/201902/06/202029/06/2020DutchPDF
Abridged model31/12/201824/06/201922/07/2019DutchPDF
Abridged model31/12/201730/06/201830/07/2018DutchPDF
Abridged model31/12/201630/06/201726/07/2017DutchPDF
Abridged model31/12/201530/06/201626/07/2016DutchPDF
Abridged model31/12/201430/06/201528/08/2015DutchPDF
Abridged model31/12/201330/06/201430/07/2014DutchPDF
Abridged model31/12/201203/06/201321/06/2013DutchPDF
Abridged model31/12/201104/06/201226/06/2012DutchPDF
Abridged model31/12/201006/06/201109/06/2011DutchPDF
Abridged model31/12/200907/06/201017/06/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 1 active · 1 ended

Active mandates

Erik Van Looveren

Manager

Active

Ended mandates

Erik VAN LOOVEREN

Director

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/09/2016
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office16/09/2010
    BENAMING - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other14/04/2008
    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

Timeline

  1. 2025
    Annual accounts 2025133,9 k €↑
  2. 2024
    Annual accounts 202422 k €↑
  3. 2023
    Annual accounts 20236,5 k €↑
  4. 2022
    Annual accounts 20221,4 k €↑
  5. 2021
    Annual accounts 20211,3 k €↓
  6. 2018
    Annual accounts 20183 k €↓
  7. 2017
    Annual accounts 201723,2 k €↓
  8. 2016
    Annual accounts 201624,8 k €↓
  9. 2015
    Annual accounts 201552,1 k €↑
  10. 2014
    Annual accounts 2014-2,4 k €↓
  11. 2013
    Annual accounts 2013674,8 €↓
  12. 2012
    Annual accounts 20123 k €↓
  13. 2011
    Annual accounts 20115,1 k €↓
  14. 2010
    Annual accounts 201010 k €↓
  15. 2010
    Name changeTheia
  16. 2009
    Annual accounts 200916,6 k €
  17. 2009
    Name changeC.E.M. Projects
  18. 03/04/2008
    IncorporationPrivate limited company