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THIMAX

Active Private limited companyfounded 1986active for 40 yearsBeckhofstraat 47, 8820 TorhoutKBO/BCE: BE 0428.802.455 #7 oldest company in Torhout, Real estate sector
THIMAX
Financial year 2025
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Annual accounts 2025

micro format, filed on 23-09-2026, 54 days late
€26,876
▲ 16.1%
€16,754
▲ 0.3%
€3,918
▼ 32.7%
-€56,242
▲ €4,328
43.4%
▼ 1.3 percentage points
0.76
▲ 0.04

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €44,000. Estimated: probably between €33,000 and €64,000.

In the rankings #7 oldest company in Torhout, Real estate sector

Balance sheet

balance sheet total €406,544 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

43.4%

Higher than 61% of 17,185 companies in 2025.

0.76

Higher than 37% of 16,482 companies in 2025.

1.0%

Higher than 46% of 16,861 companies in 2025.

THIMAX Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
Balance sheet: assets
20/58 406,544385,916367,308370,309365,242361,360348,164341,143330,788321,108311,805303,612302,879337,636300,318293,955299,454302,102
21/28 232,530232,940233,350233,760233,965232,120232,266232,412232,121232,259232,595233,360234,873248,301261,729275,157288,585302,013
22/27 232,530232,940233,350233,760233,965232,120232,266232,412232,121232,259232,595233,360234,873248,301261,729275,157288,585302,013
22 232,120232,120233,350232,120232,120232,120232,120232,121232,121232,259232,595233,360234,873248,301261,729275,157288,585302,013
23 410820-1,6401,845-146291----------
29/58 174,014152,976133,958136,549131,277129,240115,898108,73198,66788,84979,20970,25268,00689,33538,58918,79810,86989
40/41 1,2045,0891,933------124--------
40 03,8851,933------124--------
41 1,2041,204----------------
50/53 -----129,240115,898108,73198,66788,72579,20970,25268,00689,33538,58918,79810,869-
54/58 172,810147,887132,025136,549131,277------------89
Balance sheet: equity and liabilities
10/49 406,544385,916367,308370,309365,242361,360348,164341,143330,788321,108311,805303,612302,879337,636300,318293,955299,454302,102
10/15 176,288172,370166,546170,240162,943165,173161,553162,176160,330158,571157,271156,664163,118173,116155,611149,680149,317109,038
10/11 77,78977,78977,78977,78977,78977,78977,78977,78877,78877,78877,78977,78977,78977,78977,78977,78977,78977,789
10 ----77,789-------------
100 ----77,78977,78977,78977,78877,78877,78877,78977,78977,78977,78977,78977,78977,78977,789
11 -77,78977,78977,789--------------
1100/10 -77,78977,78977,789--------------
13 98,49994,58188,75792,45185,15487,38483,76484,38882,54280,78379,48278,87585,33095,32777,82271,89171,52831,249
130/1 ---7,7797,7797,779------------
130 ----7,7797,7797,7797,7797,7797,7797,7797,7797,7797,7797,7797,7797,7797,779
1311 ---7,779--------------
133 98,49994,58188,75784,67377,37579,60675,98576,60974,76373,00471,70371,09677,55187,54870,04364,11263,74923,470
17/49 230,256213,546200,762200,069202,300196,187186,611178,967170,458162,537154,534146,948139,761164,520144,707144,275150,137193,064
17 --------------2,78313,06822,79447,434
170/4 --------------2,78313,06822,79447,434
42/48 230,256213,546200,762200,069202,300196,187186,611178,967170,458162,537154,534146,948139,761164,520141,924131,207127,343145,630
42 -------------5868,6778,67716,72331,550
43 -----------------2,202
430/8 -----------------2,202
44 7082,3252,128154940212446-----59-1,3585,4381066,705
440/4 7082,3252,128154940212446-----59-1,3585,4381066,705
46 10,000---751-------------
45 5,1215,3363,8984,9723,3073,0043,4114,1603,4913,3692,8012,5922,54510,9604,4644221,4762,260
450/3 5,1215,3363,8984,9723,3073,0043,4114,1603,4913,3692,8012,5922,54510,9604,4644221,4762,260
47/48 214,428205,886194,736194,943197,301192,971182,754174,807166,967159,168151,733144,356137,156152,974127,425116,670109,038102,913
Income statement
76A -----------------1,037
9900 26,87623,14511,91321,42611,72916,70217,20718,91718,11217,22011,2899,37630,42786,24643,24642,70479,71471,763
630 4104104102052051461461461383377641,51313,42813,42813,42813,42813,42813,428
631/4 3,099-----------------
640/8 6,6146,0275,7865,2866,2316,1925,8665,5025,1375,0505,0255,0084,9824,8354,6904,0704,2394,068
9901 16,75416,7085,71715,9355,29310,36511,19513,26912,83711,8335,5012,85512,01767,98325,12825,20662,04754,267
75/76B 8802,898451-039--86921643838865993214-255
75 8802,898451-039--86921643838865993214-255
65/66B 12,24613,3869,7276,6566,7466,58211,37211,21911,15410,63310,1059,6209,4309,0789,1119,43511,76813,370
65 12,24613,3869,7276,6566,7466,58211,37211,21911,15410,63310,1059,6209,4309,0789,1119,43511,76813,370
9903 5,3886,221-3,5599,279-1,4533,822-1772,0501,7691,292-4,441-6,3823,47359,50416,04915,78550,27942,189
67/77 1,4693971351,98177820144620410-9-5,0497313,4718,6662,33915,42210,00015,305
9904 3,9185,824-3,6947,298-2,2313,621-6241,8461,7591,301608-6,455-9,99850,83813,71036340,27926,884
9905 3,9185,824-3,6947,298-2,2313,621-6241,8461,7591,301608-6,455-9,99850,83813,71036340,27926,884
Appropriation of the result
9906 3,9185,824-3,6947,298-2,2313,621-6241,8461,7591,301608-6,455-9,99850,83813,71036340,27926,884
791/2 --3,694-2,231-624----6,4559,998-----
691/2 3,9185,824-7,298-3,621-1,8461,7591,301608--17,5055,93136340,27926,884
6920 -----------------3,414
6921 3,9185,824-7,298-3,621-1,8461,7591,301608--17,5055,93136340,27923,470
694/7 -------------33,3337,779---
694 -------------33,3337,779---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 22 older financial years (1986-2007) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 23-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 54 days after the deadline. Filed on 23 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00523173.

Financial year Type Filed Reference Document
31-12-2025 micro format 23-09-2026 2026-00523173 PDF
31-12-2024 micro format 10-09-2025 2025-00488496 PDF
31-12-2023 abbreviated format 27-09-2024 2024-00486894 PDF
31-12-2022 abbreviated format 15-09-2023 2023-00446735 PDF
31-12-2021 abbreviated format 20-09-2022 2022-20432787 PDF
31-12-2020 abbreviated format 30-09-2021 2021-70100435 PDF
31-12-2019 abbreviated format 01-10-2020 2020-58200143 PDF
31-12-2018 abbreviated format 26-08-2019 2019-50700024 PDF
31-12-2017 abbreviated format 30-08-2018 2018-58300196 PDF
31-12-2016 abbreviated format 23-08-2017 2017-47400080 PDF
31-12-2015 abbreviated format 24-08-2016 2016-47300474 PDF
31-12-2014 abbreviated format 23-09-2015 2015-59800558 PDF
31-12-2013 abbreviated format 01-12-2014 2014-68100537 PDF
31-12-2012 abbreviated format 29-08-2013 2013-52900401 PDF
31-12-2011 abbreviated format 29-08-2012 2012-50400120 PDF
31-12-2010 abbreviated format 31-08-2011 2011-50200590 PDF
31-12-2009 abbreviated format 25-08-2010 2010-45400259 PDF
31-12-2008 abbreviated format 24-11-2009 2009-86100112 PDF
31-12-2007 abbreviated format 22-08-2008 2008-59100087 PDF
31-12-2006 abbreviated format 31-08-2007 2007-66800262 PDF
31-12-2005 abbreviated format 28-09-2006 2006-79900164 PDF
31-12-2004 abbreviated format 21-11-2005 2005-86500053 PDF
31-12-2003 abbreviated format 17-11-2004 2004-78900294 PDF
31-12-2002 abbreviated format 28-11-2003 2003-81404926 PDF
31-12-2001 abbreviated format 14-03-2003 2003-07404612 PDF
31-12-2000 abbreviated format 09-02-2001 2001-03802257 PDF
31-12-1999 abbreviated format 17-07-2000 2000-42401098 PDF
31-12-1998 abbreviated format 18-05-1999 1999-10202235 PDF
31-12-1997 abbreviated format 14-05-1998 1998-09502774 PDF
31-12-1996 abbreviated format 05-05-1997 1997-07004421 PDF
31-12-1995 abbreviated format 28-05-1996 1996-10103115 PDF
31-12-1994 abbreviated format 29-06-1995 1995-31400337 PDF
31-12-1993 abbreviated format 19-07-1994 1994-30901497 PDF
31-12-1992 abbreviated format 07-07-1993 1993-23902619 PDF
31-12-1991 abbreviated format 04-06-1992 1992-08404189 PDF
31-12-1990 abbreviated format 20-06-1991 1991-11103737 PDF
31-12-1989 abbreviated format 03-05-1990 1990-03804042 PDF
31-12-1988 abbreviated format 09-05-1989 1989-03605339 PDF
31-12-1987 abbreviated format 14-04-1988 1988-02405374 PDF
31-12-1986 abbreviated format 15-05-1987 1987-06104781 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
17,16417,1186,12716,1405,49810,51011,34113,41512,97512,1706,2654,36825,44581,41138,55638,63475,47567,695
4,3286,234-3,2847,503-2,0263,766-4781,9921,8971,6381,372-4,9423,43064,26627,13813,79153,70740,312
00002,0500-043801-00-00000-
24,92315,862-4,5245,272--------------
-56,242-60,571-66,804-63,520-71,022-66,947-70,713-70,236-71,791-73,688-75,324-76,696-71,754-75,185-103,335-112,409-116,474-145,541
43.4%44.7%45.3%46.0%44.6%45.7%46.4%47.5%48.5%49.4%50.4%51.6%53.9%51.3%51.8%50.9%49.9%36.1%
0.760.720.670.680.650.660.620.610.580.550.510.480.490.540.270.140.090.00
1.311.241.211.181.241.191.161.101.061.030.980.940.860.950.930.961.011.77
2.2%3.4%-2.2%4.3%-1.4%2.2%-0.4%1.1%1.1%0.8%0.4%-4.1%-6.1%29.4%8.8%0.2%27.0%24.7%
1.0%1.5%-1.0%2.0%-0.6%1.0%-0.2%0.5%0.5%0.4%0.2%-2.1%-3.3%15.1%4.6%0.1%13.5%8.9%
1.401.280.632.420.82-------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€2,050
Financial fixed assets€0----
€410€410€410€205€205

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on THIMAX

The operating result for 2025 is 0% higher than in 2024 and the highest since 2012. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total rises from 55.3% to 56.6%. Equity and debt are higher.

Next steps

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