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THOR PARK

Active Risk: not assessed
Public limited companyfounded 201115 yrs activeThor Park 8300, 3600 Genk, BelgiumKBO/BCE: BE 0837.304.196
Summary

THOR PARK is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €32.7m and a net result of -€75,113. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 81% of 2451 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

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 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
48 d early
2023
37 d early
2022
46 d early
2021
47 d early
2020
50 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

THOR PARK was incorporated on 21 June 2011.1 Between 2016 and 2022 the capital was increased 2 times, most recently to EUR 33 million.23 In 2022 the company took the name THOR PARK.3 The registered office was moved to Genk in 2024.4 The board currently has 8 members; Bert GYSEN has served longest, since 2022.3 Total assets rose from EUR 13 million in 2018 to EUR 35 million in 2025 and headcount from 1 full-time equivalents in 2020 to 1 in 2025.5

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 28-07-2016
  3. 3Belgian State Gazette, 28-11-2022
  4. 4Belgian State Gazette, 13-08-2024
  5. 5National Bank, annual accounts 2018, 2020 and 2025

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Financials · fiscal year 2025, full schema

Equity
€32.7m▼ 0.2%
2024 · €32.8m
Net result
-€75,113
2024 · €257,487
Total assets
€35.2m▼ 0.5%
2024 · €35.4m
Solvency
92.8%▲ 0.3pp
2024 · 92.5%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€11,618€904,544▲ 7,685%€148,314▼ 83.6%€171,366▲ 15.5%€262,585▲ 53.2%
Operating result-€40,714€165,164-€147,491€359,715€15,195▼ 95.8%
Net result-€55,892below the sector's middle half€123,255within the sector's middle half-€93,776below the sector's middle half€257,487within the sector's middle half-€75,113below the sector's middle half
Equity€12.8mwithin the sector's middle half▼ 0.4%€32.6mabove the sector's middle half▲ 155%€32.5mabove the sector's middle half▼ 0.3%€32.8mabove the sector's middle half▲ 0.8%€32.7mabove the sector's middle half▼ 0.2%
Total assets€14.2mwithin the sector's middle half▲ 8.9%€33.0mwithin the sector's middle half▲ 132%€35.4mwithin the sector's middle half▲ 7.1%€35.4mwithin the sector's middle half▲ 0.2%€35.2mwithin the sector's middle half▼ 0.5%
Debt€1.5m▲ 494%€396,706▼ 72.8%€2.8m▲ 615%€2.6m▼ 6.7%€2.5m▼ 4.0%
Working capital-€1.4mbelow the sector's middle half€7.5mabove the sector's middle half€2.3mabove the sector's middle half▼ 69.2%€4.6mabove the sector's middle half▲ 101%€3.5mabove the sector's middle half▼ 23.6%
Solvency89.7%above the sector's middle half▼ 8.4pp98.8%above the sector's middle half▲ 9.1pp92.0%above the sector's middle half▼ 6.8pp92.5%above the sector's middle half▲ 0.5pp92.8%above the sector's middle half▲ 0.3pp
Current ratio0.04below the sector's middle half▼ 8.0413.11above the sector's middle half19.81above the sector's middle half▲ 6.7018.64above the sector's middle half▼ 1.16
Return on assets (ROA)-0.4%below the sector's middle half▼ 0.8pp0.4%within the sector's middle half▲ 0.8pp-0.3%below the sector's middle half▼ 0.6pp0.7%within the sector's middle half▲ 1.0pp-0.2%below the sector's middle half▼ 0.9pp
Staff (FTE)1below the sector's middle half=1within the sector's middle half=1.7within the sector's middle half▲ 70.0%1within the sector's middle half▼ 41.2%1within the sector's middle half=
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2022 Equity +155%, Total assets +132% on 2021. Capital increase of €9,021,814 (Official Gazette 28-11-2022). Capital increase of €8,116,814 (Official Gazette 28-11-2022).
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2021: -€40,714-€40,714Net result 2021: -€55,892-€55,892Operating result 2022: €165,164€165,164Net result 2022: €123,255€123,255Operating result 2023: -€147,491-€147,491Net result 2023: -€93,776-€93,776Operating result 2024: €359,715€359,715Net result 2024: €257,487€257,487Operating result 2025: €15,195€15,195Net result 2025: -€75,113-€75,11320212022202320242025-€200,000€0€200,000€400,000Operating result 2023: -€147,491-€147,000Net result 2023: -€93,776-€93,800Operating result 2024: €359,715€360,000Net result 2024: €257,487€257,000Operating result 2025: €15,195€15,200Net result 2025: -€75,113-€75,100202320242025
The operating result falls in 2025; 2025 is 96% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35.2m
Fixed assets €31.5m ▲ 3.1%
Current assets €3.7m ▼ 23.4%
Equity and liabilities €35.2m
Equity €32.7m ▼ 0.2%
Debt €2.5m ▼ 4.0%
Debt's share of the balance-sheet total falls from 7.5% to 7.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
ROE
-0.2%▼
2024 · 0.8%
Debt ≤ 1 year
€199,912▼
2024 · €245,535
Debt > 1 year
€2.3m▲
2024 · €2.2m
Income taxes
-€142▼
2024 · €73,558
Staff costs
€80,924▲
2024 · €70,456
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 78 lines
Balance sheet Code20242025
Assets
Total assets20/58€35.4m€35.2m▼
Fixed assets21/28€30.6m€31.5m▲
Intangible fixed assets21€161€0▼
Tangible fixed assets22/27€6.5m€6.5m▼
Land and buildings22€157,378€155,548▼
Plant, machinery and equipment23€707€462▼
Other tangible fixed assets26€6.3m€6.3m▼
Financial fixed assets28€24.1m€25.1m▲
Affiliated companies280/1€15.3m€16.3m▲
Participating interests280€15.3m€16.3m▲
Companies linked by participating interests282/3€8.8m€8.8m=
Participating interests282€8.8m€8.8m=
Other financial fixed assets284/8€2,175€2,175=
Amounts receivable and cash guarantees285/8€2,175€2,175=
Current assets29/58€4.9m€3.7m▼
Amounts receivable after more than one year29€200,700€312,745▲
Other amounts receivable291€200,700€312,745▲
Stocks and contracts in progress3€2.8m€2.8m=
Stocks30/36€2.8m€2.8m=
Property held for sale35€2.8m€2.8m=
Amounts receivable within one year40/41€285,110€170,357▼
Trade receivables40€163,372€153,382▼
Other amounts receivable41€121,738€16,975▼
Cash at bank and in hand54/58€1.5m€399,638▼
Deferred charges and accrued income490/1€54,363€56,242▲
Equity and liabilities
Total equity and liabilities10/49€35.4m€35.2m▼
Equity10/15€32.8m€32.7m▼
Contributions10/11€32.5m€32.5m=
Capital10€32.5m€32.5m=
Issued capital100€32.5m€32.5m=
Reserves13€16,381€16,381=
Non-distributable reserves130/1€16,381€16,381=
Legal reserve130€16,381€16,381=
Profit (loss) carried forward14€225,835€150,722▼
Amounts payable17/49€2.6m€2.5m▼
Amounts payable after more than one year17€2.2m€2.3m▲
Financial debts170/4€2.2m€2.3m▲
Subordinated loans170€2.2m€2.3m▲
Amounts payable within one year42/48€245,535€199,912▼
Trade debts44€176,848€127,629▼
Suppliers440/4€176,848€127,629▼
Taxes, remuneration and social security45€68,687€72,283▲
Taxes450/3€64,058€63,925▼
Remuneration and social security454/9€4,629€8,357▲
Accrued charges and deferred income492/3€162,171€12,427▼
Income statement Code20242025
Operating income70/76A€1.1m€612,647▼
Turnover70€171,366€262,585▲
Own construction capitalised72€260,551€0▼
Other operating income74€300,058€200,062▼
Non-recurring operating income76A€352,045€150,000▼
Operating charges60/66A€724,305€597,452▼
Goods for resale, raw materials and consumables60€205,082€0▼
Purchases600/8€1.0m€0▼
Change in stocks: decrease (increase)609-€841,025€0▲
Services and other goods61€395,761€470,862▲
Remuneration, social security and pensions62€70,456€80,924▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51,176€43,823▼
Other operating charges640/8€1,830€1,842▲
Operating profit (loss)9901€359,715€15,195▼
Financial income75/76B€53,203€0▼
Recurring financial income75€53,203€0▼
Income from financial fixed assets750€53,203-
Other financial income752/9€0€0▲
Financial charges65/66B€81,872€90,450▲
Recurring financial charges65€81,872€90,450▲
Debt charges650€81,746€90,300▲
Other financial charges652/9€126€150▲
Profit (loss) for the period before taxes9903€331,046-€75,254▼
Income taxes67/77€73,558-€142▼
Taxes670/3€73,558€0▼
Tax adjustments and reversals of tax provisions77-€142
Profit (loss) for the period9904€257,487-€75,113▼
Profit (loss) for the period to be appropriated9905€257,487-€75,113▼
Appropriation of the result
Profit (loss) to be appropriated9906€237,721€150,722▼
Profit (loss) brought forward from the previous period14P-€19,766€225,835▲
Transfer to equity691/2€11,886-
To the legal reserve6920€11,886-
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (53 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€161,893€1.3m€459,162€1.1m€612,647▼ 43.5%
Turnover70€11,618€904,544€148,314€171,366€262,585▲ 53.2%
Own construction capitalised72---€260,551€0▼ 100%
Other operating income74€150,274€376,014€310,848€300,058€200,062▼ 33.3%
Non-recurring operating income76A---€352,045€150,000▼ 57.4%
Operating charges60/66A€202,607€1.1m€606,653€724,305€597,452▼ 17.5%
Goods for resale, raw materials and consumables60-€805,402-€205,082€0▼ 100%
Purchases600/8-€2.8m-€1.0m€0▼ 100%
Change in stocks: decrease (increase)609--€1.9m--€841,025€0▲ 100%
Services and other goods61€48,399€113,273€393,988€395,761€470,862▲ 19.0%
Remuneration, social security and pensions62€143,722€183,759€199,133€70,456€80,924▲ 14.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,556€11,855€11,966€51,176€43,823▼ 14.4%
Other operating charges640/8€930€1,105€1,565€1,830€1,842▲ 0.6%
Operating profit (loss)9901-€40,714€165,164-€147,491€359,715€15,195▼ 95.8%
Financial income75/76B€19-€61,227€53,203€0▼ 100.0%
Recurring financial income75€19-€61,227€53,203€0▼ 100.0%
Income from financial fixed assets750--€61,216€53,203--
Other financial income752/9€19-€11€0€0▲ 933%
Financial charges65/66B€15,197€17,094€7,512€81,872€90,450▲ 10.5%
Recurring financial charges65€15,197€17,094€7,512€81,872€90,450▲ 10.5%
Debt charges650€14,922€16,882€7,404€81,746€90,300▲ 10.5%
Other financial charges652/9€275€212€108€126€150▲ 18.8%
Profit (loss) for the period before taxes9903-€55,892€148,070-€93,776€331,046-€75,254▼ 123%
Income taxes67/77-€24,814-€73,558-€142▼ 100%
Taxes670/3-€24,814-€73,558€0▼ 100%
Tax adjustments and reversals of tax provisions77----€142-
Profit (loss) for the period9904-€55,892€123,255-€93,776€257,487-€75,113▼ 129%
Profit (loss) for the period to be appropriated9905-€55,892€123,255-€93,776€257,487-€75,113▼ 129%
Line20212022202320242025Change
Assets
Total assets20/58€14.2m€33.0m€35.4m€35.4m€35.2m▼ 0.5%
Fixed assets21/28€14.2m€25.5m€32.9m€30.6m€31.5m▲ 3.1%
Intangible fixed assets21€11,443€7,421€2,622€161€0▼ 100%
Tangible fixed assets22/27€594,610€5.6m€5.6m€6.5m€6.5m▼ 0.7%
Land and buildings22€162,868€161,038€159,208€157,378€155,548▼ 1.2%
Plant, machinery and equipment23€1,254€602-€707€462▼ 34.6%
Other tangible fixed assets26€430,488€5.4m€5.4m€6.3m€6.3m▼ 0.7%
Financial fixed assets28€13.6m€19.9m€27.3m€24.1m€25.1m▲ 4.2%
Affiliated companies280/1€5.2m€11.5m€18.9m€15.3m€16.3m▲ 6.5%
Participating interests280€5.2m€11.5m€15.3m€15.3m€16.3m▲ 6.5%
Amounts receivable281--€3.7m---
Companies linked by participating interests282/3€8.4m€8.4m€8.4m€8.8m€8.8m=
Participating interests282€8.4m€8.4m€8.4m€8.8m€8.8m=
Other financial fixed assets284/8€2,175€2,175€2,175€2,175€2,175=
Amounts receivable and cash guarantees285/8€2,175€2,175€2,175€2,175€2,175=
Current assets29/58€56,382€7.5m€2.5m€4.9m€3.7m▼ 23.4%
Amounts receivable after more than one year29-€200,700€200,700€200,700€312,745▲ 55.8%
Other amounts receivable291-€200,700€200,700€200,700€312,745▲ 55.8%
Stocks and contracts in progress3-€1.9m€1.9m€2.8m€2.8m=
Stocks30/36-€1.9m€1.9m€2.8m€2.8m=
Property held for sale35-€1.9m€1.9m€2.8m€2.8m=
Amounts receivable within one year40/41-€32,887€163,592€285,110€170,357▼ 40.2%
Trade receivables40-€25,702€141,554€163,372€153,382▼ 6.1%
Other amounts receivable41-€7,186€22,038€121,738€16,975▼ 86.1%
Cash at bank and in hand54/58€55,864€5.4m€136,216€1.5m€399,638▼ 74.0%
Deferred charges and accrued income490/1€518€1,960€44,306€54,363€56,242▲ 3.5%
Equity and liabilities
Total equity and liabilities10/49€14.2m€33.0m€35.4m€35.4m€35.2m▼ 0.5%
Equity10/15€12.8m€32.6m€32.5m€32.8m€32.7m▼ 0.2%
Contributions10/11€12.8m€32.5m€32.5m€32.5m€32.5m=
Capital10€12.8m€32.5m€32.5m€32.5m€32.5m=
Issued capital100€12.8m€32.5m€32.5m€32.5m€32.5m=
Reserves13€600€4,495€4,495€16,381€16,381=
Non-distributable reserves130/1€600€4,495€4,495€16,381€16,381=
Legal reserve130€600€4,495€4,495€16,381€16,381=
Profit (loss) carried forward14-€45,351€74,009-€19,766€225,835€150,722▼ 33.3%
Amounts payable17/49€1.5m€396,706€2.8m€2.6m€2.5m▼ 4.0%
Amounts payable after more than one year17--€2.2m€2.2m€2.3m▲ 4.0%
Financial debts170/4--€2.2m€2.2m€2.3m▲ 4.0%
Subordinated loans170--€2.2m€2.2m€2.3m▲ 4.0%
Amounts payable within one year42/48€1.5m€70,266€190,043€245,535€199,912▼ 18.6%
Current portion of amounts payable after more than one year42€1.4m-----
Trade debts44€10,011€47,289€184,555€176,848€127,629▼ 27.8%
Suppliers440/4€10,011€47,289€184,555€176,848€127,629▼ 27.8%
Taxes, remuneration and social security45€22,749€22,978€5,487€68,687€72,283▲ 5.2%
Taxes450/3€4,203--€64,058€63,925▼ 0.2%
Remuneration and social security454/9€18,546€22,978€5,487€4,629€8,357▲ 80.5%
Accrued charges and deferred income492/3-€326,440€488,184€162,171€12,427▼ 92.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€55,892€123,255-€93,776€257,487-€75,113▼ 129%
+ Depreciation and write-downs630€9,556€11,855€11,966€51,176€43,823▼ 14.4%
Operating cash flow (approximation)-€46,336€135,111-€81,809€308,663-€31,289▼ 110%
Investment in fixed assets (approximation)--€11.3m-€7.4m€2.3m-€1.0m▼ 144%
Change in cash-€5.3m-€5.2m€1.4m-€1.1m▼ 181%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
23-03
State Gazette act Permanent representative: Sarina Wolfs
Resignation: Roeland Engelen (permanent representative)2 facts ▸
  • Permanent representative, Sarina Wolfs
  • Director resignation, Roeland Engelen (permanent representative)
2025
24-09
State Gazette act Permanent representative: Filip Vercauteren
Power of attorney4 facts ▸
  • Board meeting, 04-07-2025
  • Power of attorney, Filip Vercauteren
  • Power of attorney, FI-VE-CONSULT
  • Permanent representative, Filip Vercauteren
13-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €257,487
Net result €257,487 after one loss-making year.
13-08
State Gazette act Reappointment: VAN HAVERMAET BEDRIJFSREVISOREN (statutory auditor)
Appointment: Filip Vercauteren (algemeen directeur) · Power of attorney · Registered-office move6 facts ▸
  • General meeting, 07-06-2024
  • Auditor reappointment, VAN HAVERMAET BEDRIJFSREVISOREN (statutory auditor)
  • Board meeting, 13-06-2024
  • Power of attorney, Roeland Engelen
  • Director appointment, Filip Vercauteren (algemeen directeur)
  • Registered-office move, 3600 Genk, Thor Park 8300
24-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet -€93,776
Net result drops to -€93,776, the lowest in the series; recovery starts the following year.
18-10
State Gazette act Resignation: Joris Merckx (algemeen directeur)
Power of attorney3 facts ▸
  • Board meeting, 28-08-2023
  • Director resignation, Joris Merckx (algemeen directeur)
  • Power of attorney, Roeland Engelen
03-10
State Gazette act Resignations: Limburgse Reconversie Maatschappij, LRM Beheer and 3 others
Reappointments: Limburgse Reconversie Maatschappij, LRM Beheer and 3 others · Permanent representatives: Tom Vanham and Roeland Engelen · Appointment: Wim Dries (managing director)15 facts ▸
  • General meeting, 02-06-2023
  • Director resignation, Limburgse Reconversie Maatschappij (director)
  • Director resignation, LRM Beheer (director)
  • Director resignation, Wim Dries (director)
  • Director resignation, Anniek Nagels (director)
  • Director resignation, Koenraad Debackere (director)
  • Director reappointment, Limburgse Reconversie Maatschappij (director)
  • Director reappointment, LRM Beheer (director)
  • Director reappointment, Wim Dries (director)
  • Director reappointment, Anniek Nagels (director)
  • Director reappointment, Koenraad Debackere (director)
  • Permanent representative, Tom Vanham
  • +3 further facts in this act
15-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €123,255
Net result €123,255 after one loss-making year.
Show earlier events
31-12
Financial Liquidity times 2775current ratio 107.23
Current ratio from 0.04 to 107.23; short-term debt falls from €1.5m to €70,266.
31-12
Financial Equity above €25mEq €32.6m ▲155%
Equity rises from €12.8m to €32.6m.
28-11
State Gazette act Appointments: Bert GYSEN (director) and PROVINCIALE ONTWIKKELINGSMAATSCHAPPIJ LIMBURG (director)
Permanent representative: Noël SLANGEN · Statutes amendment · Capital increase19 facts ▸
  • General meeting, 18-11-2022
  • Statutes amendment
  • Statutes amendment
  • Capital increase, €9.021.814
  • Real estate, 7.397.814,00 EUR
  • Capital increase, €8.116.814
  • Bank account, BE34 0910 1887 2690
  • Capital increase, €584.000
  • Capital increase, €2.000.000
  • Capital increase, €1.000
  • Capital, €32.535.628
  • Name change, THOR PARK
  • +7 further facts in this act
98.2% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
14-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
23-09
State Gazette act Reappointment: VAN HAVERMAET Bedrijfsrevisoren CV (statutory auditor)
Permanent representative: Nathalie Bogaerts3 facts ▸
  • General meeting, 04-06-2021
  • Auditor reappointment, VAN HAVERMAET Bedrijfsrevisoren CV
  • Permanent representative, Nathalie Bogaerts
11-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
15-03
State Gazette act Appointment: Joris Merckx (algemeen directeur)
2 facts ▸
  • Board meeting, 03-02-2021
  • Director appointment, Joris Merckx (algemeen directeur)
2020
31-12
Financial Back to profitnet €47,329
Net result €47,329 after 2 loss-making years.
13-10
State Gazette act Resignation: Victor Goedseels (director)
Permanent representatives: Tom Vanham and Roeland Engelen9 facts ▸
  • Board meeting, 05-12-2019
  • Director resignation, Victor Goedseels (director)
  • Board composition, Wim Dries (managing director)
  • Board composition, Anniek Nagels (director)
  • Board composition, Limburgse Reconversie Maatschappij (LRM) NV (director)
  • Permanent representative, Tom Vanham
  • Board composition, LRM BEHEER NV (director)
  • Permanent representative, Roeland Engelen
  • Board composition, Koenraad Debackere (director)
23-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-07
State Gazette act Resignation: Tom ARTS (director)
Appointment: Anniek NAGELS (director)3 facts ▸
  • General meeting, 07-06-2019
  • Director resignation, Tom ARTS (director)
  • Director appointment, Anniek NAGELS (director)
28-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
08-02
State Gazette act Permanent representatives: Stijn Bijnens and Tom Vanham
2 facts ▸
  • Permanent representative, Stijn Bijnens
  • Permanent representative, Tom Vanham
2018
10-07
State Gazette act Reappointment: VAN HAVERMAET Bedrijfsrevisoren Burg. Venn. o.v.v. CVBA (statutory auditor)
Permanent representative: Nathalie Bogaerts3 facts ▸
  • General meeting, 01-06-2018
  • Auditor reappointment, VAN HAVERMAET Bedrijfsrevisoren Burg. Venn. o.v.v. CVBA
  • Permanent representative, Nathalie Bogaerts
11-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
State Gazette act Reappointments: Limburgse Reconversie Maatschappij NV, LRM Beheer NV and 4 others
Permanent representatives: Stijn Bijnens and Roeland Engelen17 facts ▸
  • General meeting, 02-06-2017
  • Director reappointment, Limburgse Reconversie Maatschappij NV (director)
  • Director reappointment, LRM Beheer NV (director)
  • Director reappointment, Koenraad Debackere (director)
  • Director reappointment, Victor Goedseels (director)
  • Director reappointment, Wim Dries (director)
  • Director reappointment, Tom Arts (director)
  • Board composition, Limburgse Reconversie Maatschappij NV (director)
  • Permanent representative, Stijn Bijnens
  • Board composition, LRM Beheer NV (director)
  • Permanent representative, Roeland Engelen
  • Board composition, Koenraad Debackere (director)
  • +5 further facts in this act
29-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
19-05
State Gazette act Reappointment: Burg. Venn. ovv CVBA VAN HAVERMAET GROENWEGHE BEDRIJFSREVISOREN (statutory auditor)
Permanent representative: Carlo DEWITTE · Resignation: Carlo DEWITTE (permanent representative) · Appointment: Nathalie BOGAERTS (permanent representative)5 facts ▸
  • General meeting, 05-06-2015
  • Auditor reappointment, Burg. Venn. ovv CVBA VAN HAVERMAET GROENWEGHE BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Carlo DEWITTE
  • Director resignation, Carlo DEWITTE (permanent representative)
  • Director appointment, Nathalie BOGAERTS (permanent representative)
2016
28-07
State Gazette act Appointment: VAN HAVERMAET GROENWEGHE BEDRIJFSREVISOREN (statutory auditor)
Capital increase · Bank account · Real estate11 facts ▸
  • General meeting, 30-06-2016
  • Capital increase, €2.254.000
  • Bank account, BE85 0910 2145 4106
  • Capital increase, €625.000
  • Capital increase, €1.718.000
  • Capital increase, €405.000
  • Real estate, 405.000,00 EUR
  • Auditor appointment, VAN HAVERMAET GROENWEGHE BEDRIJFSREVISOREN (statutory auditor)
  • Capital, €12.812.000
  • Statutes amendment
  • Power of attorney, HOLDING WETENSCHAPSPARK WATERSCHEI
04-03
State Gazette act Permanent representatives: Carlo DEWITTE and Nathalie BOGAERTS
Mandate end3 facts ▸
  • Permanent representative, Carlo DEWITTE (permanent representative)
  • Permanent representative, Nathalie BOGAERTS (permanent representative)
  • Mandate end, jaarvergadering van het boekjaar afsluitend op 31 december 2015
2015
13-01
State Gazette act Permanent representative: Carlo DEWITTE
1 fact ▸
  • Permanent representative, Carlo DEWITTE (permanent representative)
2014
21-05
State Gazette act Permanent representatives: Axel ERCKENS and Nathalie BOGAERTS
Mandate term · Letter date4 facts ▸
  • Permanent representative, Axel ERCKENS (permanent representative)
  • Permanent representative, Nathalie BOGAERTS (permanent representative)
  • Mandate term, jaarvergadering van het boekjaar afsluitend op 31 december 2015
  • Letter date, 21-02-2014
2013
26-06
State Gazette act Appointments: Tom Arts, Wim Dries and VAN HAVERMAET GROENWEGHE BEDRIJFSREVISOREN BURG. VENN. O.V.V. CVBA
Resignations: Annita Laporte, Angelo Bruno and Chris Janssens · Permanent representative: Axel Erckens · Approval10 facts ▸
  • Board meeting, 08-03-2013
  • Director appointment, Tom Arts (chair of the board)
  • Director appointment, Wim Dries (managing director)
  • Approval, daden gesteld door Wim Dries als gedelegeerd bestuurder, 2011-06-21 to 2013-03-08
  • Director resignation, Annita Laporte (director)
  • Director resignation, Angelo Bruno (director)
  • Director resignation, Chris Janssens (director)
  • General meeting, 07-06-2013
  • Auditor appointment, VAN HAVERMAET GROENWEGHE BEDRIJFSREVISOREN BURG. VENN. O.V.V. CVBA (statutory auditor)
  • Permanent representative, Axel Erckens
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
19 of 19 acts read

Directors · office · real estate

Directors
7 directors, 2 in day-to-day management, last change in 2024

Board 7

Bert GYSEN
Director · since 18-11-2022
Current
Provinciale Ontwikkelingsmaatschappij Limburg
Director · since 18-11-2022 · Overheid van het Vlaamse Gewest en van de Vlaamse Gemeenschap · perm. rep.: Noël SLANGEN
Current
Anniek Nagels
Director · since 02-06-2023
Current
Koenraad Debackere
Director · since 02-06-2023
Current
Limburgse Reconversie Maatschappij
Director · since 02-06-2023 · Legal entity · perm. rep.: Tom Vanham
Current
LRM beheer
Director · since 02-06-2023 · Legal entity · perm. rep.: Roeland Engelen
Current
Wim Dries
Director · since 02-06-2023
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
LIMBURGSE RECONVERSIE MAATSCHAPPIJ
Director · Public limited company · perm. rep.: Stijn Bijnens
Not recently confirmed
LRM Beheer
Director · Public limited company · perm. rep.: Roeland Engelen
Not recently confirmed

Day-to-day management 2

Wim Dries
Managing director · since 21-06-2011
Current
Filip Vercauteren
Algemeen directeur · since 13-06-2024
Current

Permanent representatives 3

Noël SLANGEN
Permanent representative · since 18-11-2022 · for Provinciale Ontwikkelingsmaatschappij Limburg
Current
Roeland Engelen
Permanent representative · since 02-06-2023 · for LRM beheer
Current
Tom Vanham
Permanent representative · since 02-06-2023 · for Limburgse Reconversie Maatschappij
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Nathalie Bogaerts
Permanent representative · since 01-01-2016
Not recently confirmed
Stijn Bijnens
Permanent representative · for LIMBURGSE RECONVERSIE MAATSCHAPPIJ
Not recently confirmed

Statutory auditor 1

VAN HAVERMAET BEDRIJFSREVISOREN
Statutory auditor · since 01-06-2018
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 act was read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
2,963 m²
Building footprint
1,879 m²
Volume, LiDAR
6,277 m³
Parcel 71303B1298/00M004, Flanders · tallest building 41.0 m, ±1 floor. Linked by address, not a title deed.
36 companies at this address See who is registered here
1 establishment unit
THOR PARK
Thor Park 8300, 3600 GenkHoldings
since 20112.348.944.971
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71303B1298/00M004 Flanders 2,963 m² 1 · 1,879 m² 41.0 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

21 people since 2011, 12 in office
Show
  • Board
  • Day-to-day management
  • Permanent representative
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Wim Dries
  • Managing director, from 21-06-2011 to date
  • Director, already before 27-07-2017 to date
Koenraad Debackere
  • Director, already before 27-07-2017 to date
Anniek Nagels
  • Director, from 07-06-2019 to date
Bert GYSEN
  • Director, from 18-11-2022 to date
Provinciale Ontwikkelingsmaatschappij Limburg
  • Director, from 18-11-2022 to date
Limburgse Reconversie Maatschappij
  • Director, already before 02-06-2023 to date
LRM beheer
  • Director, already before 02-06-2023 to date
Filip Vercauteren
  • Algemeen directeur, from 13-06-2024 to date
VAN HAVERMAET BEDRIJFSREVISOREN
  • Statutory auditor, from 01-06-2018 to date
LIMBURGSE RECONVERSIE MAATSCHAPPIJ
  • Director, already before 27-07-2017 not ended, last confirmed 27-07-2017
LRM Beheer
  • Director, already before 27-07-2017 not ended, last confirmed 27-07-2017
Nathalie Bogaerts
  • Permanent representative, from 01-01-2016 not ended, last confirmed 19-05-2017
Roeland ENGELEN
  • Permanent representative, until 16-02-2026
Joris Merckx
  • Algemeen directeur, from 01-12-2020 to 01-09-2023
Victor Goedseels
  • Director, already before 27-07-2017 to 01-10-2020
Tom ARTS
  • Chair of the board, from 21-06-2011 ended, last mentioned 27-07-2017
  • Director, already before 27-07-2017 to 07-06-2019
VAN HAVERMAET GROENWEGHE BEDRIJFSREVISOREN
  • Statutory auditor, from 07-06-2013 to 01-06-2018
Carlo DEWITTE
  • Permanent representative, until 31-12-2015
Angelo Bruno
  • Director, until 17-01-2013
Annita Laporte
  • Director, until 17-01-2013
Chris Janssens
  • Director, until 17-01-2013
See the board, name and seat on a given date →

Articles of association

Purpose
Het ontwikkelen en onderhouden van infrastructuurprojecten o.a. kantoorachtige bedrijfsgebouwen en dies meer, meer bepaald de ontwikkeling van gebouwen en infrastructuur bestemd…
Full purpose

Het ontwikkelen en onderhouden van infrastructuurprojecten o.a. kantoorachtige bedrijfsgebouwen en dies meer, meer bepaald de ontwikkeling van gebouwen en infrastructuur bestemd voor de vestiging van een wetenschapspark voor onderzoeksintensieve bedrijven die een band hebben met een universiteit; de ontwikkeling van bedrijfsgebouwen, kantoren, ateliers, labs voor technologische innovatie, o.a. rond energie en slimme maakindustrie, zowel qua kennis, onderzoek, ondernemerschap, opleiding, als qua testcases, innovatieve installaties; het exploiteren van boven vermelde gebouwen en infrastructuurprojecten; het leveren van ondersteunende diensten aan derden, in het bijzonder aan vennootschappen waarin de vennootschap een rechtstreekse of onrechtstreekse deelneming aanhoudt; het financieren van projecten onder andere in de vorm van PPS-structuren door middel van leningen, garanties, zekerheidsstellingen, of op enige andere manier; het verrichten van alle financiële, nijverheids-, handels-, roerende en onroerende handelingen waaronder het verlenen van zakelijke rechten die rechtstreeks of onrechtstreeks in verband staan met het ontwikkelen, onderhouden respectievelijk exploiteren van infrastructuurprojecten, in het algemeen alle handelingen die hiermee verband houden of van aard zijn de verwezenlijking ervan te bevorderen.

Structure & network

Owners and holdings

4 owners · 5 holdings

Owners 4

Holdings 5

According to the 2025 annual accounts of THOR PARK and those 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

52 connected companies
Linked via shared directors
Show 48 more companies with a shared director
KBC Global Services
via Koenraad Debackere · Lid van de raad van toezicht
→
KBC Groupe
via Koenraad Debackere · Independent director
→
OVSG PLUS
via Anniek Nagels · Director
→
UMICORE
via Koenraad Debackere · Onafhankelijk lid van de raad van toezicht
→
former→
former→
former→
former→
JOOS
via Koenraad Debackere · Director
former→
former→
former→
former→
POWER@SEA
via Filip Vercauteren · Algemeen directeur
former→
former→
former→
Z.org KU Leuven
via Koenraad Debackere · Lid van de raad van bestuur en van de algemene vergadering
former→
former→
ZONNECENTRALE LOMMEL
via Filip Vercauteren · Permanent representative
former→
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Capital and shareholders

Capital over the years
  1. 28-11-2022 Capital increase of 9,021,814 EUR · to 21,833,814 EUR · 9,022 new shares
  2. 28-11-2022 Capital increase of 8,116,814 EUR · to 29,950,628 EUR · 8,117 new shares
  3. 28-11-2022 Capital increase of 584,000 EUR · to 30,534,628 EUR · 584 new shares
  4. 28-11-2022 Capital increase of 2,000,000 EUR · to 32,534,628 EUR · 2,000 new shares
  5. 28-11-2022 Capital increase of 1,000 EUR · to 32,535,628 EUR · 1 new share
  6. 28-07-2016 Capital increase of 2,254,000 EUR · to 10,064,000 EUR · 2,254 new shares · in cash
  7. 28-07-2016 Capital increase of 625,000 EUR · to 10,689,000 EUR · 625 new shares · in cash
  8. 28-07-2016 Capital increase of 1,718,000 EUR · to 12,407,000 EUR · 1,718 new shares · in cash
Show 1 older capital entries
  1. 28-07-2016 Capital increase of 405,000 EUR · to 12,812,000 EUR · 405 new shares · in kind

Similar companies · same sector, comparable size

Of 24,721 companies in sector 64210 we hold annual accounts for 19,799. 3,369 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded21-06-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0837304196
Also 9925:BE0837304196
Registered 18-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Business parks

1 park
Offers parcels on business park:Thor Park
Genk · 9 parcels