Equity
Equity fell by 69% in 5 years.
Trustee: David Demol. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Equity fell by 69% in 5 years.
Every financial year from 2019 to 2023 closed with a loss. 2023 was the heaviest.
Nine of the last ten came late. The 2017 accounts came latest: 2,047 days after the end of the period.
Equity fell from €162,712 in 2018 to €51,218 in 2023, while debts rose from €153,655 to €167,518.
On 10 February 2025 the court declared THOVANEL bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €79,000 and €420,000.
Higher than 29% of 6,207 companies in 2023.
Higher than 34% of 6,143 companies in 2023.
Lower than 95% of 6,184 companies in 2023.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
218,736 | 308,590 | 314,802 | 301,302 | 320,325 | 316,367 | 276,323 | 291,874 | 184,332 | 191,639 | 164,209 | 167,194 | 155,497 | 130,581 | 69,207 | 52,802 | 90,430 | |
21/28 |
- | - | 1,108 | 4,625 | 9,250 | 22,293 | 17,081 | 35,824 | - | 176 | 451 | 9,247 | 11,492 | 22,972 | 18,248 | 27,616 | 18,436 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17,352 | |
22/27 |
- | - | 1,108 | 4,625 | 9,250 | 22,293 | 17,081 | 35,824 | - | 176 | 451 | 7,033 | 9,278 | 20,773 | 18,248 | 27,616 | 1,084 | |
24 |
- | - | 1,108 | 4,625 | 9,250 | 13,875 | 246 | 2,153 | - | 176 | 451 | 2,338 | 2,841 | 12,593 | 18,248 | 27,616 | 1,084 | |
25 |
- | - | - | - | - | 8,418 | 16,835 | - | - | - | - | - | - | - | - | - | - | |
26 |
- | - | - | - | - | - | - | - | - | - | - | 4,695 | 6,437 | 8,180 | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | - | 2,214 | 2,214 | 2,199 | - | - | - | |
29/58 |
218,736 | 308,590 | 313,694 | 296,677 | 311,075 | 294,074 | 259,242 | 256,050 | 184,332 | 191,463 | 163,758 | 157,947 | 144,005 | 107,609 | 50,959 | 25,186 | 71,994 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 5,334 | 7,304 | 9,018 | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | 5,334 | 7,304 | 9,018 | - | - | - | |
40/41 |
217,863 | 308,174 | 313,690 | 296,577 | 311,075 | 293,980 | 258,324 | 256,011 | 184,332 | 191,460 | 163,758 | 151,796 | 133,609 | 91,953 | 49,646 | 22,638 | 71,994 | |
40 |
3,271 | 17,880 | 16,855 | 17,047 | 27,170 | 15,117 | 15,885 | 7,003 | 4,882 | 41,152 | 11,209 | 3,993 | 9,717 | 8,284 | 4,442 | 4,635 | 4,243 | |
41 |
214,592 | 290,294 | 296,835 | 279,530 | 283,905 | 278,863 | 242,439 | 249,008 | 179,450 | 150,308 | 152,549 | 147,803 | 123,892 | 83,669 | 45,204 | 18,003 | 67,751 | |
54/58 |
1 | 416 | 4 | - | - | - | 824 | 39 | - | 3 | - | 817 | 3,092 | 6,638 | 1,313 | 2,548 | - | |
490/1 |
872 | - | - | 100 | - | 94 | 94 | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
218,736 | 308,590 | 314,802 | 301,302 | 320,325 | 316,367 | 276,323 | 291,874 | 184,332 | 191,639 | 164,209 | 167,194 | 155,497 | 130,581 | 69,207 | 52,802 | 90,430 | |
10/15 |
51,218 | 91,551 | 101,084 | 123,189 | 144,665 | 162,712 | 155,339 | 140,698 | 122,737 | 127,859 | 102,144 | 83,712 | 70,987 | 69,973 | 41,373 | 1,069 | 10,404 | |
10/11 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | |
10 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | - | - | - | - | - | - | - | - | - | - | |
100 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | |
13 |
142,779 | 142,779 | 142,779 | 142,779 | 142,779 | 142,779 | 142,779 | 134,501 | 116,540 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
130/1 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | |
130 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
133 |
140,920 | 140,920 | 140,920 | 140,920 | 140,920 | 140,920 | 140,920 | 132,642 | 114,681 | - | - | - | - | - | - | - | - | |
14 |
-97,758 | -57,425 | -47,892 | -25,787 | -4,311 | 13,736 | 6,363 | - | - | 119,803 | 94,088 | 75,656 | 62,931 | 61,917 | 33,317 | -6,987 | 2,348 | |
17/49 |
167,518 | 217,039 | 213,718 | 178,113 | 175,660 | 153,655 | 120,984 | 151,176 | 61,595 | 63,780 | 62,065 | 83,482 | 84,510 | 60,608 | 27,834 | 51,733 | 80,026 | |
17 |
- | - | - | - | - | 5,975 | 14,874 | 33,344 | 6,569 | 11,949 | 17,109 | 22,057 | 26,802 | 30,782 | - | 12,812 | 13,487 | |
170/4 |
- | - | - | - | - | 5,975 | 14,874 | 33,344 | 6,569 | 11,949 | 17,109 | 22,057 | 26,802 | 30,782 | - | 12,812 | 13,487 | |
42/48 |
167,518 | 217,039 | 213,718 | 178,113 | 175,660 | 147,680 | 106,110 | 116,311 | 54,679 | 51,831 | 44,956 | 58,839 | 57,708 | 29,826 | 27,834 | 38,921 | 66,539 | |
42 |
- | - | - | - | 5,975 | 8,899 | 8,899 | 14,404 | 5,381 | 5,160 | 4,948 | 4,744 | 4,550 | 3,648 | - | - | 10,940 | |
43 |
- | - | - | 11 | 1,439 | 2,408 | 3,140 | 1,266 | 1,304 | 1,279 | 1,186 | 1,092 | - | - | - | - | 24,786 | |
430/8 |
- | - | - | 11 | 1,439 | 2,408 | 3,140 | 1,266 | 1,304 | 1,279 | 1,186 | 1,092 | - | - | - | - | 24,786 | |
44 |
5,168 | 55,848 | 54,286 | 59,265 | 75,320 | 60,450 | 25,210 | 18,686 | 14,459 | 12,588 | 10,143 | 7,486 | 15,878 | 11,677 | 26,296 | 37,751 | 30,572 | |
440/4 |
5,168 | 55,848 | 54,286 | 59,265 | 75,320 | 60,450 | 25,210 | 18,686 | 14,459 | 12,588 | 10,143 | 7,486 | 15,878 | 11,677 | 26,296 | 37,751 | 30,572 | |
46 |
- | 51,049 | 45,424 | 30,962 | 16,032 | 16,032 | - | - | - | - | - | - | - | - | - | - | - | |
45 |
122,350 | 70,142 | 74,008 | 47,875 | 36,894 | 19,891 | 28,861 | 41,955 | 33,535 | 32,804 | 28,679 | 25,517 | 17,280 | 9,501 | 1,538 | 1,170 | 241 | |
450/3 |
122,350 | 70,142 | 74,008 | 47,875 | 36,894 | 19,891 | 28,861 | 41,955 | 33,535 | 32,804 | 28,679 | 25,517 | 17,280 | 9,501 | 1,538 | 1,170 | 241 | |
47/48 |
40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | - | - | - | 20,000 | 20,000 | 5,000 | - | - | - | |
492/3 |
- | - | - | - | - | - | - | 1,521 | 347 | - | - | 2,586 | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | - | - | - | - | 86,566 | - | - | - | - | 848 | - | - | - | - | |
9900 |
15,551 | 16,128 | 23,689 | -231 | 14,352 | 34,405 | 28,475 | 72,208 | -8,565 | 34,230 | 28,866 | 40,117 | 21,199 | 51,150 | 49,178 | 19,596 | 6,842 | |
630 |
- | 1,108 | 5,733 | 4,625 | 13,043 | 13,288 | 9,025 | 10,208 | 176 | 275 | 522 | 2,947 | 2,849 | 11,795 | 9,368 | 27,317 | 35,546 | |
640/8 |
4,018 | 1,002 | 1,180 | 3,185 | 1,556 | 1,294 | 3,246 | 2,615 | 3,138 | 503 | 1,072 | 3,026 | 914 | 1,638 | 1,138 | 1,337 | 1,280 | |
66A |
- | - | - | - | - | - | - | - | - | - | 5,060 | - | 803 | - | - | - | 3,144 | |
9901 |
11,533 | 14,018 | 16,776 | -8,041 | -247 | 19,823 | 16,204 | 59,385 | -11,879 | 33,452 | 27,272 | 34,144 | 17,436 | 37,717 | 38,672 | -9,058 | -29,984 | |
75/76B |
- | 2 | - | 2,500 | - | 1 | - | 16,238 | 13,915 | 12,184 | 13,133 | 10,726 | 8,820 | 5,352 | 1,668 | 3,189 | 4,512 | |
75 |
- | 2 | - | 2,500 | - | 1 | - | 16,238 | 13,915 | 12,184 | 13,133 | 10,726 | 8,820 | 5,352 | 1,668 | 3,189 | 4,512 | |
65/66B |
15,583 | 3,537 | 6,673 | 4,125 | 4,593 | 7,207 | 6,384 | 5,567 | 6,827 | 1,421 | 1,663 | 3,745 | 2,384 | 3,669 | 36 | 3,466 | 6,804 | |
65 |
1,105 | 1,612 | 89 | 859 | 1,348 | 2,882 | 6,024 | 5,567 | 6,827 | 1,421 | 1,663 | 3,745 | 2,384 | 3,669 | 36 | 3,466 | 6,804 | |
66B |
14,478 | 1,925 | 6,584 | 3,266 | 3,245 | 4,325 | 360 | - | - | - | - | - | - | - | - | - | - | |
9903 |
-4,050 | 10,483 | 10,103 | -9,666 | -4,840 | 12,617 | 9,820 | 70,056 | -4,791 | 44,215 | 33,682 | 41,125 | 23,917 | 39,400 | 40,304 | -9,335 | -35,420 | |
67/77 |
36,283 | 20,016 | 32,208 | 11,810 | 13,207 | 5,244 | 3,457 | 12,095 | 331 | 18,500 | 15,250 | 8,400 | 2,903 | 5,800 | - | - | -1,238 | |
9904 |
-40,333 | -9,533 | -22,105 | -21,476 | -18,047 | 7,373 | 6,363 | 57,961 | -5,122 | 25,715 | 18,432 | 32,725 | 21,014 | 33,600 | 40,304 | -9,335 | -34,182 | |
9905 |
-40,333 | -9,533 | -22,105 | -21,476 | -18,047 | 7,373 | 6,363 | 57,961 | -5,122 | 25,715 | 18,432 | 32,725 | 21,014 | 33,600 | 40,304 | -9,335 | -34,182 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-97,758 | -57,425 | -47,892 | -25,787 | -4,311 | 13,736 | 6,363 | 57,961 | 114,681 | 119,803 | 94,088 | 95,656 | 82,931 | 66,917 | 33,317 | -6,987 | 2,348 | |
14P |
-57,425 | -47,892 | -25,787 | -4,311 | 13,736 | 6,363 | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 17,961 | 114,681 | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | 17,961 | 114,681 | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | 40,000 | - | - | - | 20,000 | 20,000 | 5,000 | - | - | - | |
695 |
- | - | - | - | - | - | - | 40,000 | - | - | - | 20,000 | 20,000 | 5,000 | - | - | - | |
| Document | ||||||||||||||||||
The accounts for 9 older financial years (1997-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 21-06-2024.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | full format | 21-06-2024 | 2024-00151346 | |
| 31-12-2022 | full format | 13-05-2024 | 2024-00091062 | |
| 31-12-2021 | full format | 13-05-2024 | 2024-00091060 | |
| 31-12-2020 | full format | 08-03-2024 | 2024-00040876 | |
| 31-12-2019 | full format | 08-03-2024 | 2024-00040894 | |
| 31-12-2018 | full format | 08-03-2024 | 2024-00040967 | |
| 31-12-2017 | full format | 08-03-2024 | 2024-00040977 | |
| 31-12-2015 | full format | 14-11-2017 | 2017-69600519 | |
| 31-12-2014 | full format | 08-11-2016 | 2016-67600536 | |
| 31-12-2013 | full format | 10-09-2015 | 2015-58500063 | |
| 31-12-2012 | full format | 23-03-2015 | 2015-07100001 | |
| 31-12-2011 | full format | 23-03-2015 | 2015-07000601 | |
| 31-12-2010 | full format | 08-11-2011 | 2011-60200360 | |
| 31-12-2009 | full format | 12-05-2011 | 2011-11100175 | |
| 31-12-2008 | full format | 31-08-2009 | 2009-72300168 | |
| 31-12-2007 | full format | 02-02-2009 | 2009-03300366 | |
| 31-12-2006 | full format | 26-09-2007 | 2007-74600220 | |
| 31-12-2005 | full format | 27-12-2006 | 2006-93103390 | |
| 31-12-2004 | full format | 18-08-2005 | 2005-64603471 | |
| 31-12-2003 | full format | 16-12-2004 | 2004-85802773 | |
| 31-12-2002 | full format | 01-10-2003 | 2003-71601302 | |
| 31-12-2001 | full format | 11-10-2002 | 2002-65303047 | |
| 31-12-2000 | full format | 26-10-2001 | 2001-66604752 | |
| 31-12-1999 | full format | 17-10-2000 | 2000-65703970 | |
| 31-12-1998 | full format | 28-03-2000 | 2000-07701473 | |
| 31-12-1997 | full format | 22-12-1998 | 1998-62703366 |
| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 15,126 | 22,509 | -3,416 | 12,796 | 33,111 | 25,229 | 69,593 | -11,703 | 33,727 | 27,794 | 37,091 | 20,285 | 49,512 | 48,040 | 18,259 | 5,562 | ||
| - | -8,425 | -16,372 | -16,851 | -5,004 | 20,661 | 15,388 | 68,169 | -4,946 | 25,990 | 18,954 | 35,672 | 23,863 | 45,395 | 49,672 | 17,982 | 1,364 | ||
| - | 0 | 2,216 | 0 | 0 | 18,500 | - | 46,032 | 0 | 0 | -8,274 | 702 | 415 | 16,519 | 0 | 36,497 | - | ||
| -415 | 412 | - | - | - | - | - | - | - | - | - | -2,275 | -3,546 | 5,325 | -1,235 | - | - | ||
| 51,218 | 91,551 | 99,976 | 118,564 | 135,415 | 146,394 | 153,132 | 139,739 | 129,653 | 139,632 | 118,802 | 99,108 | 86,297 | 77,783 | 23,125 | -13,735 | 5,455 | ||
| 23.4% | 29.7% | 32.1% | 40.9% | 45.2% | 51.4% | 56.2% | 48.2% | 66.6% | 66.7% | 62.2% | 50.1% | 45.7% | 53.6% | 59.8% | 2.0% | 11.5% | ||
| 1.31 | 1.42 | 1.47 | 1.67 | 1.77 | 1.99 | 2.44 | 2.20 | 3.37 | 3.69 | 3.64 | 2.68 | 2.50 | 3.61 | 1.83 | 0.65 | 1.08 | ||
| 1.31 | 1.42 | 1.47 | 1.67 | 1.77 | 1.99 | 2.44 | 2.20 | 3.37 | 3.69 | 3.64 | 2.59 | 2.37 | 3.31 | 1.83 | 0.65 | 1.08 | ||
| 3.27 | 2.37 | 2.11 | 1.45 | 1.21 | 0.94 | 0.78 | 1.07 | 0.50 | 0.50 | 0.61 | 1.00 | 1.19 | 0.87 | 0.67 | 48.39 | 7.69 | ||
| -78.7% | -10.4% | -21.9% | -17.4% | -12.5% | 4.5% | 4.1% | 41.2% | -4.2% | 20.1% | 18.0% | 39.1% | 29.6% | 48.0% | 97.4% | -873.2% | -328.5% | ||
| -18.4% | -3.1% | -7.0% | -7.1% | -5.6% | 2.3% | 2.3% | 19.9% | -2.8% | 13.4% | 11.2% | 19.6% | 13.5% | 25.7% | 58.2% | -17.7% | -37.8% | ||
| - | 9.38 | over 100 | -3.98 | 9.49 | 11.49 | 4.19 | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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.
| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | - | €5,975 |
Source: notes to the 2019 to 2023 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €2,216 | - | - |
| - | €1,108 | €5,733 | €4,625 | €13,043 |
Source: notes to the 2019 to 2023 annual accounts (statement of fixed assets)
The operating result for 2023 is 18% lower than in 2022 and the lowest since 2020. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 70.3% to 76.6%. Equity and debt are lower.
THOVANEL has no parent and no holdings in its annual accounts. THIERRY THOMAS is the only director. THOVANEL shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Adolphe Gillis 26 registered office 7090 Braine-le-Comte | ||
| Rue d'Omerie 40 7540 Tournai 46432 Wholesale trade | 01-07-1997 | 2.082.428.761 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 57042C0031/00F003 | 3,142 m² | 1 · 132 m² | 8.3 m · 2 |
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