THELMO
InactiveSignals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
15 d early
2022
30 d late
2021
31 d late
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 13 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€157,782▲ 0.2%
2023 · €157,390
Total assets
€157,782▼ 10.2%
2023 · €175,733
Net result
€392
2023 · -€52,698
Working capital
€156,661▼ 21.9%
2022 · €200,581
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€89,001-€68,668▲ 22.8%-€183,704▼ 168%-€50,231▲ 72.7%€473
Net result-€89,613-€70,214▲ 21.6%-€191,912▼ 173%-€52,698▲ 72.5%€392
Equity€472,213▼ 16.0%€402,000▼ 14.9%€210,088▼ 47.7%€157,390▼ 25.1%€157,782▲ 0.2%
Total assets€521,230▼ 13.8%€433,849▼ 16.8%€219,502▼ 49.4%€175,733▼ 19.9%€157,782▼ 10.2%
Debt€49,016▲ 14.3%€31,849▼ 35.0%€9,414▼ 70.4%€18,343▲ 94.8%
Working capital€452,763▼ 16.2%€388,070▼ 14.3%€200,581▼ 48.3%€156,661▼ 21.9%
Staff (FTE)3.8▲ 8.6%3▼ 21.1%0.9▼ 70.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €473 after a loss of €50,231 in 2023, the highest result in the available series.
Key figures and ratios
Solvency
100.0%▲
2023 · 89.6%
ROE
0.2%▲
2023 · -33.5%
ROA
0.2%▲
2023 · -30.0%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €18,156 | - | - | - |
| Remuneration, social security and pensions62 | - | €136,671 | €123,554 | €8,489 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,025 | €12,025 | €5,425 | €1,231 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €8,059 | - | - |
| Other operating charges640/8 | - | €7,417 | €4,041 | €398 | €449 | ▲ 12.8% |
| Non-recurring operating charges66A | - | - | - | €7,547 | - | - |
| Gross operating margin9900 | €84,088 | €87,444 | -€50,684 | -€24,507 | €922 | ▲ 104% |
| Operating profit (loss)9901 | -€89,001 | -€68,668 | -€183,704 | -€50,231 | €473 | ▲ 101% |
| Financial charges65/66B | - | €1,546 | €8,208 | €2,467 | €81 | ▼ 96.7% |
| Recurring financial charges65 | €611 | €1,546 | €8,208 | €2,467 | €81 | ▼ 96.7% |
| Profit (loss) for the period before taxes9903 | -€89,613 | -€70,214 | -€191,912 | -€52,698 | €392 | ▲ 101% |
| Profit (loss) for the period9904 | -€89,613 | -€70,214 | -€191,912 | -€52,698 | €392 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | -€89,613 | -€70,214 | -€191,912 | -€52,698 | €392 | ▲ 101% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €521,230 | €433,849 | €219,502 | €175,733 | €157,782 | ▼ 10.2% |
| Fixed assets21/28 | €28,656 | €16,631 | €9,506 | €729 | - | - |
| Tangible fixed assets22/27 | €27,927 | €15,902 | €8,777 | - | - | - |
| Plant, machinery and equipment23 | - | €2,882 | €1,231 | - | - | - |
| Furniture and vehicles24 | - | €13,020 | €7,547 | - | - | - |
| Financial fixed assets28 | €729 | €729 | €729 | €729 | - | - |
| Current assets29/58 | €492,573 | €417,218 | €209,995 | €175,004 | €157,782 | ▼ 9.8% |
| Stocks and contracts in progress3 | €65,300 | €62,532 | €47,632 | €32,339 | €32,339 | = |
| Stocks30/36 | - | €62,532 | €47,632 | €32,339 | €32,339 | = |
| Amounts receivable within one year40/41 | €412,417 | €347,277 | €156,658 | €133,594 | €121,154 | ▼ 9.3% |
| Trade receivables40 | - | €278,904 | €151,083 | €133,197 | €121,154 | ▼ 9.0% |
| Other amounts receivable41 | - | €68,373 | €5,574 | €398 | - | - |
| Cash at bank and in hand54/58 | €14,501 | €7,053 | €5,705 | €9,071 | €4,289 | ▼ 52.7% |
| Deferred charges and accrued income490/1 | - | €356 | €0 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €521,230 | €433,849 | €219,502 | €175,733 | €157,782 | ▼ 10.2% |
| Equity10/15 | €472,213 | €402,000 | €210,088 | €157,390 | €157,782 | ▲ 0.2% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Capital10 | - | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Issued capital100 | - | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Reserves13 | €409,713 | €339,500 | €147,588 | €94,890 | €95,282 | ▲ 0.4% |
| Non-distributable reserves130/1 | - | €38,476 | €38,476 | €38,476 | €38,476 | = |
| Legal reserve130 | - | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Other1319 | - | €32,226 | €32,226 | €32,226 | €32,226 | = |
| Tax-exempt reserves132 | - | €56,250 | €56,250 | €56,250 | €56,250 | = |
| Distributable reserves133 | - | €244,774 | €52,862 | €164 | €556 | ▲ 239% |
| Amounts payable17/49 | €49,016 | €31,849 | €9,414 | €18,343 | - | - |
| Amounts payable within one year42/48 | €39,811 | €29,147 | €9,414 | €18,343 | - | - |
| Trade debts44 | €23,143 | €21,026 | €9,414 | €17,629 | - | - |
| Suppliers440/4 | - | €21,026 | €9,414 | €7,039 | - | - |
| Bills of exchange payable441 | - | - | - | €10,590 | - | - |
| Taxes, remuneration and social security45 | - | €8,121 | - | - | - | - |
| Remuneration and social security454/9 | - | €8,121 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €714 | - | - |
| Accrued charges and deferred income492/3 | - | €2,702 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€89,613 | -€70,214 | -€191,912 | -€52,698 | €392 | ▲ 101% |
| + Depreciation and write-downs630 | €12,025 | €12,025 | €5,425 | €1,231 | - | - |
| Operating cash flow (approximation) | -€77,588 | -€58,189 | -€186,487 | -€51,467 | €392 | ▲ 101% |
| Investment in fixed assets (approximation) | - | €0 | €1,700 | €7,547 | - | - |
| Change in cash | - | -€7,449 | -€1,347 | €3,366 | -€4,782 | ▼ 242% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €392
Net result €392 after 4 loss-making years.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet -€191,912
Net result drops to -€191,912, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- IMMO - H
- THELMO
Highest known parent: IMMO - H. The sources do not say who stands above it.
Owners 1
- IMMO - HparentSourceaccounts IMMO - H 202499.92%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.