ACTIVE

INTHOVEST

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Financial year 2025 · closed on 31/12/2025

Net result

95 k €

+39.2% YoY

Gross margin

228,3 k €

+3.8% YoY

Equity

844 k €

-11.9% YoY

What does INTHOVEST do?

INTHOVEST is a Private company with limited liability incorporated in 2008. Its main activity is: Construction of buildings. Its registered office is in Poperinge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.255.236

Incorporation

30/05/2008

Legal form

Private company with limited liability

Registered office

Sint-Jansstraat 17
8970 Poperinge · FlandreSee on map

Contributed capital

6 456,79 €

Latest accounts

31/12/2025

Activities (NACE)

41003Construction of buildings· main 41203Construction of residential and non-residential buildings 43211Electrical installation 43211Electrical installation 43230Electrical, plumbing and other construction installation activities 43291Other construction installation+2

Joint committees (1)

14901

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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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	228,3 k €	+3.8%	220 k €	-3.4%	227,8 k €	-84.3%	1,4 M €	-13.6%	1,7 M €	+14.8%	1,5 M €	+48.1%	985,3 k €	+2.0%	965,9 k €	+21.7%	793,8 k €	+15.1%	689,4 k €	+13.2%	609 k €	-8.4%	664,5 k €	+12.2%	592,3 k €	+15.6%	512,4 k €	+27.7%	401,2 k €	+13.0%	355,1 k €	-18.7%	436,5 k €
EBITDA	210 k €	+3.8%	202,3 k €	+7.2%	188,8 k €	-83.3%	1,1 M €	-19.3%	1,4 M €	+23.4%	1,1 M €	+58.4%	716,4 k €	-4.7%	751,9 k €	+29.7%	579,9 k €	+26.0%	460,1 k €	+11.7%	411,8 k €	-4.1%	429,4 k €	+15.7%	371,1 k €	+3.6%	358,1 k €	+30.3%	274,8 k €	+35.4%	202,9 k €	+2.4%	198,1 k €
Operating result	141 k €	+11.3%	126,7 k €	+16.9%	108,3 k €	-87.6%	874,9 k €	-25.2%	1,2 M €	+34.0%	873 k €	+142%	360,5 k €	-14.3%	420,9 k €	+188%	146,3 k €	-36.8%	231,5 k €	+32.2%	175,1 k €	-8.6%	191,6 k €	+7.7%	177,8 k €	+18.0%	150,7 k €	+220%	47,1 k €	-45.4%	86,2 k €	+14.0%	75,7 k €
Net result	95 k €	+39.2%	68,2 k €	+13.1%	60,3 k €	-90.0%	603,6 k €	-24.0%	794,6 k €	+32.0%	602 k €	+162%	229,4 k €	-9.2%	252,5 k €	+111%	119,5 k €	-9.8%	132,5 k €	-13.1%	152,5 k €	+34.5%	113,4 k €	+9.0%	104 k €	+17.2%	88,8 k €	+244%	25,8 k €	-43.5%	45,7 k €	+1.6%	44,9 k €
Balance sheet
Equity	844 k €	-11.9%	957,9 k €	-1.1%	969 k €	-66.3%	2,9 M €	+20.0%	2,4 M €	+37.6%	1,7 M €	+37.3%	1,3 M €	+15.6%	1,1 M €	+29.9%	845,7 k €	+16.5%	726,1 k €	+22.3%	593,6 k €	+34.6%	441,1 k €	+34.6%	327,7 k €	+46.5%	223,7 k €	+65.8%	135 k €	+23.6%	109,2 k €	+71.9%	63,5 k €
Total assets	1,3 M €	-3.0%	1,4 M €	-24.1%	1,8 M €	-69.4%	5,9 M €	+69.3%	3,5 M €	+11.8%	3,1 M €	-0.6%	3,1 M €	+22.5%	2,6 M €	-3.1%	2,6 M €	+116%	1,2 M €	-28.2%	1,7 M €	+14.3%	1,5 M €	+56.7%	948,5 k €	-22.0%	1,2 M €	+19.7%	1 M €	+59.7%	636,1 k €	-0.6%	640,2 k €
Cash	372,9 k €	+3.8%	359,3 k €	-7.7%	389,1 k €	-76.1%	1,6 M €	+322%	385,1 k €	+27.7%	301,6 k €	-25.2%	403,4 k €	+278%	106,6 k €	+132%	45,9 k €	-16.7%	55,1 k €	-49.9%	110,1 k €	+84.7%	59,6 k €	+114%	27,8 k €	+43.5%	19,4 k €	+0.5%	19,3 k €	-66.7%	57,9 k €	-53.8%	125,4 k €
Debts	481,6 k €	+25.6%	383,4 k €	-53.0%	815,4 k €	-72.8%	3 M €	+181%	1,1 M €	-21.3%	1,4 M €	-26.4%	1,8 M €	+28.0%	1,4 M €	-19.6%	1,8 M €	+268%	486,6 k €	-55.6%	1,1 M €	+5.9%	1 M €	+70.4%	607 k €	-38.1%	980,1 k €	+12.7%	869,6 k €	+67.9%	517,9 k €	-9.2%	570,2 k €
Other
Workforce	–		–		–		5,0 ETP	+11.1%	4,5 ETP	-23.7%	5,9 ETP	+34.1%	4,4 ETP	+4.8%	4,2 ETP	0.0%	4,2 ETP	-6.7%	4,5 ETP	-2.2%	4,6 ETP	-9.8%	5,1 ETP	+2.0%	5,0 ETP	+31.6%	3,8 ETP	+8.6%	3,5 ETP	0.0%	3,5 ETP	-12.5%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Nico Thoré

Director · since 01 août 2015

Active

Franky Thore

Director · since 28 mai 2008

Active

Ended mandates

Nico 6056 Thoré

bestuurder · since 01 août 2015

Ended

Nico 6056 Thoré

Director · since 01 août 2015

Ended

Nico 6056 Thoré

Manager · since 01 août 2015

Ended

Nico Thoré

bestuurder · since 01 août 2015

Ended

At this address

Other companies at this address

Company	CBE no.
Thoré I & C● Active	0801.352.632

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	30/08/2025	30/08/2024	20/07/2023	07/07/2022	05/07/2021
General meeting	25/06/2026	27/06/2025	28/06/2024	23/06/2023	24/06/2022	25/06/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	30/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	07/07/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	09/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	22/06/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	22/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	30/09/2010	Dutch	PDF

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.

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 · 2 active · 12 ended

Active mandates

Nico Thoré

Director · since 01 août 2015

Active

Franky Thore

Director · since 28 mai 2008

Active

Ended mandates

Nico 6056 Thoré

bestuurder · since 01 août 2015

Ended

Nico 6056 Thoré

Director · since 01 août 2015

Ended

Nico 6056 Thoré

Manager · since 01 août 2015

Ended

Nico Thoré

bestuurder · since 01 août 2015

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring17/01/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/10/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring01/08/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office16/07/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/01/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other14/12/2009
BENAMING
PDF
Other10/06/2008
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

2025
Annual accounts 202595 k €↑
2024
Annual accounts 202468,2 k €↑
2023
Annual accounts 202360,3 k €↓
2023
Name changeInThoVest
2022
Annual accounts 2022603,6 k €↓
2021
Annual accounts 2021794,6 k €↑
2021
Name changeTHORE I & C
2020
Annual accounts 2020602 k €↑
2019
Annual accounts 2019229,4 k €↓
2018
Annual accounts 2018252,5 k €↑
2017
Annual accounts 2017119,5 k €↓
2016
Annual accounts 2016132,5 k €↓
2015
Annual accounts 2015152,5 k €↑
2014
Annual accounts 2014113,4 k €↑
2013
Annual accounts 2013104 k €↑
2012
Annual accounts 201288,8 k €↑
2011
Annual accounts 201125,8 k €↓
2010
Annual accounts 201045,7 k €↑
2009
Annual accounts 200944,9 k €
30/05/2008
IncorporationPrivate company with limited liability

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

INTHOVEST

Overview

What does INTHOVEST do?

Trend over 17 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