ACTIVE

TEXAF

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Financial year 2025 · closed on 31/12/2025

Net result

2,5 M €

-88.9% YoY

Revenue

4,6 M €

-0.5% YoY

Equity

56,9 M €

-7.2% YoY

Workforce

1,9 ETP

+26.7% YoY

What does TEXAF do?

TEXAF is a Public limited company incorporated in 1925. Its main activity is: Activities of holding companies. Its registered office is in Bruxelles. It employs on average 1,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.218.607

Incorporation

14/08/1925

Legal form

Public limited company

Registered office

Avenue Louise 130A
1050 Bruxelles · BruxellesSee on map

Contributed capital

25 496 946,08 €

Latest accounts

31/12/2025

Average workforce

1,9 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 65231Reinsurance 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2020		2019
Income statement
Revenue	4,6 M €	-0.5%	4,6 M €	+4.5%	4,4 M €	+6.2%	4,1 M €	+5.4%	3,9 M €	+0.0%	3,9 M €	+0.0%	3,9 M €
EBITDA	1,9 M €	-74.5%	7,5 M €	+211%	2,4 M €	+23.6%	1,9 M €	+13.2%	1,7 M €	-7.9%	1,9 M €	-13.2%	2,1 M €
Operating result	1,3 M €	-81.5%	6,9 M €	+311%	1,7 M €	+33.3%	1,3 M €	+17.6%	1,1 M €	-12.9%	1,2 M €	-18.9%	1,5 M €
Net result	2,5 M €	-88.9%	22,4 M €	+578%	3,3 M €	+23.2%	2,7 M €	+11.9%	2,4 M €	-4.6%	2,5 M €	-13.1%	2,9 M €
Balance sheet
Equity	56,9 M €	-7.2%	61,3 M €	+35.1%	45,4 M €	-5.7%	48,1 M €	-6.0%	51,2 M €	-1.4%	51,9 M €	-0.4%	52,1 M €
Total assets	74,8 M €	-1.3%	75,8 M €	+7.4%	70,6 M €	+25.2%	56,4 M €	-4.3%	59,0 M €	-0.3%	59,1 M €	+0.6%	58,8 M €
Cash	1,2 M €	-43.5%	2,1 M €	+194%	706,8 k €	+13.1%	624,6 k €	-23.8%	819,3 k €	+1.4%	808,3 k €	-50.2%	1,6 M €
Debts	17,5 M €	+26.2%	13,9 M €	-43.4%	24,6 M €	+212%	7,9 M €	+11.5%	7,1 M €	+12.1%	6,3 M €	+8.7%	5,8 M €
Other
Workforce	1,9 ETP	+26.7%	1,5 ETP	-25.0%	2,0 ETP	+300%	0,5 ETP	-16.7%	0,6 ETP	-45.5%	1,1 ETP	+10.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 13 active · 20 ended

Active mandates

BDB MANAGEMENT

Chairman of the board of directors · since 13 mai 2025 · until 09 mai 2028 · 0500.880.977

Represented by Benoît De Blieck

Active

Chanic

Director · since 13 mai 2025 · until 12 mai 2026 · 0404.461.294

Represented by Vincent Bribosia

Active

Charlotte Croonenberghs

Director · since 13 mai 2025 · until 08 mai 2029

Active

Christophe Evers

Director · since 13 mai 2025 · until 09 mai 2028

Active

Jean-Philippe Waterschoot

Managing director · since 13 mai 2025 · until 09 mai 2028

Active

JFA Management

Director · since 13 mai 2025 · until 11 mai 2027 · 0776.739.079

Represented by Joseph Fattouch

Active

Pascale Tytgat

Director · since 13 mai 2025 · until 09 mai 2028

Active

Dominique Moorkens

Chairman of the board of directors · since 14 avril 2024 · until 13 mai 2025

Active

Eline Pardaens

Director · since 10 mai 2023 · until 12 mai 2026

Active

Gérald Croonenberghs

Director · since 10 mai 2023 · until 12 mai 2026

Active

Michel Gallez

Director · since 10 mai 2023 · until 12 mai 2026

Active

PEOPLE PARTNERS

Director · since 10 mai 2023 · until 12 mai 2026 · 0475.479.053

Represented by Nathalie Ulrich

Active

William Croonenberghs

Director · since 10 mai 2023 · until 12 mai 2026

Active

Ended mandates

Chanic

Director · since 10 mai 2023 · until 14 mai 2024 · 0404.461.294

Represented by Vincent Bribosia

Ended

Charlotte Croonenberghs

Director · since 10 mai 2023 · until 13 mai 2025

Ended

Christophe Evers

Director · since 10 mai 2023 · until 13 mai 2025

Ended

Jean-Philippe Waterschoot

Managing director · since 10 mai 2023 · until 13 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
1304● Active	1024.676.227
AMINTER N.V.● Active	0897.155.374
Association Texaf pour la Formation, la Culture et le Développement - Texaf Vereniging voor Opleiding, Cultuur en Ontwikkeling● Active	0680.819.343
CHAGAWIRALD● Active	0895.765.702
EUROPEAN FEDERATION OF TRADE UNIONS IN THE FOODAGRICULTURE AND TOURISM EFFAT INT VER● Active	0851.859.542
EXPRESS LOUISE● Active	0666.619.731
IMBAKIN HOLDING● Active	0607.914.242
INDEKEU - de CRAYENCOUR● Active	0805.126.130
INTERGRAF● Active	0425.751.311
La Maison européenne de l'Alimentation● Active	0429.823.529
Open Access Data Centers – Texaf Digital● Active	1001.142.344
SOCIETE FINANCIERE AFRICAINE - AFRIKAANSE FINANCIELE MAATSCHAPPIJ● Active	0477.801.214
Somac● Liquidation	0400.444.308
TRANSPORTIS● Liquidation	0844.005.611

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	m120-f-p	Full model	Full model	Full model	Full 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	27/05/2026	27/05/2025	15/05/2024	15/05/2023	16/05/2022	02/06/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
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

42 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/05/2026	27/05/2026	French	PDF
m120-f-p	31/12/2025	12/05/2026	02/06/2026	French	PDF
Full model	31/12/2024	13/05/2025	15/05/2025	French	PDF
m120-f-p	31/12/2024	13/05/2025	27/05/2025	French	PDF
Full model	31/12/2023	14/05/2024	15/05/2024	French	PDF
m120-f-p	31/12/2023	14/05/2024	15/05/2024	French	PDF
Full model	31/12/2022	09/05/2023	15/05/2023	French	PDF
m120-f-p	31/12/2022	09/05/2023	15/05/2023	French	PDF
Full model	31/12/2021	10/05/2022	16/05/2022	French	PDF
m120-f-p	31/12/2021	10/05/2022	17/05/2022	French	PDF
Full model	31/12/2020	11/05/2021	02/06/2021	French	PDF
m120-f-p	31/12/2020	11/05/2021	26/05/2021	French	PDF
Full modelCorrection	31/12/2019	12/05/2020	15/10/2020	French	PDF
Full model	31/12/2019	12/05/2020	22/06/2020	French	PDF
m120-f-p	31/12/2019	12/05/2020	25/06/2020	French	PDF
Full model	31/12/2018	14/05/2019	23/05/2019	French	PDF
m120-f-p	31/12/2018	14/05/2019	23/05/2019	French	PDF
Full model	31/12/2017	08/05/2018	24/05/2018	French	PDF
m120-f-p	31/12/2017	08/05/2018	30/05/2018	French	PDF
Full model	31/12/2016	09/05/2017	30/05/2017	French	PDF
m120-f-p	31/12/2016	09/05/2017	01/06/2017	French	PDF
Full model	31/12/2015	10/05/2016	11/05/2016	French	PDF
m120-f-p	31/12/2015	10/05/2016	11/05/2016	French	PDF
Full model	31/12/2014	12/05/2015	11/06/2015	French	PDF

View all 42 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 13 active · 20 ended

Active mandates

BDB MANAGEMENT

Chairman of the board of directors · since 13 mai 2025 · until 09 mai 2028 · 0500.880.977

Represented by Benoît De Blieck

Active

Chanic

Director · since 13 mai 2025 · until 12 mai 2026 · 0404.461.294

Represented by Vincent Bribosia

Active

Charlotte Croonenberghs

Director · since 13 mai 2025 · until 08 mai 2029

Active

Christophe Evers

Director · since 13 mai 2025 · until 09 mai 2028

Active

Jean-Philippe Waterschoot

Managing director · since 13 mai 2025 · until 09 mai 2028

Active

JFA Management

Director · since 13 mai 2025 · until 11 mai 2027 · 0776.739.079

Represented by Joseph Fattouch

Active

Pascale Tytgat

Director · since 13 mai 2025 · until 09 mai 2028

Active

Dominique Moorkens

Chairman of the board of directors · since 14 avril 2024 · until 13 mai 2025

Active

Eline Pardaens

Director · since 10 mai 2023 · until 12 mai 2026

Active

Gérald Croonenberghs

Director · since 10 mai 2023 · until 12 mai 2026

Active

Michel Gallez

Director · since 10 mai 2023 · until 12 mai 2026

Active

PEOPLE PARTNERS

Director · since 10 mai 2023 · until 12 mai 2026 · 0475.479.053

Represented by Nathalie Ulrich

Active

William Croonenberghs

Director · since 10 mai 2023 · until 12 mai 2026

Active

Ended mandates

Chanic

Director · since 10 mai 2023 · until 14 mai 2024 · 0404.461.294

Represented by Vincent Bribosia

Ended

Charlotte Croonenberghs

Director · since 10 mai 2023 · until 13 mai 2025

Ended

Christophe Evers

Director · since 10 mai 2023 · until 13 mai 2025

Ended

Jean-Philippe Waterschoot

Managing director · since 10 mai 2023 · until 13 mai 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates30/05/2025
DEMISSIONS, NOMINATIONS
PDF
Other27/05/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other27/05/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates18/04/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring13/09/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring29/07/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates18/07/2024
DEMISSIONS, NOMINATIONS
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

12/05/2026
reconductionGérald Croonenberghs — administrateur
12/05/2026
reconductionChristophe Evers — administrateur
12/05/2026
reconductionPeople Partners SRL, représentée par Madame Nathalie Ulrich — administrateur indépendant
12/05/2026
reconductionEline Pardaens — administrateur indépendant
12/05/2026
reconductionMichel Gallez — administrateur
2025
Annual accounts 20252,5 M €↓
13/05/2025
reconductionChanic s.a. — administrateur indépendant
13/05/2025
reconductionCharlotte Croonenberghs — administrateur
13/05/2025
reconductionChristophe Evers — administrateur
13/05/2025
reconductionJFA Management SRL — administrateur indépendant
13/05/2025
reconductionPascale Tytgat — administrateur indépendant
13/05/2025
reconductionJean-Philippe Waterschoot — administrateur
13/05/2025
nominationBDB Management SRL — administrateur indépendant
13/05/2025
reconductionDeloitte srl — commissaire
25/02/2025
nominationThierry Vanolande — signataire A
2024
Annual accounts 202422,4 M €↑
02/09/2024
autre
14/05/2024
reconductionDominique Moorkens — administrateur indépendant
14/05/2024
reconductionChanic s.a. — administrateur indépendant
27/03/2024
nominationThierry Vanolande — signataire B
2023
Annual accounts 20233,3 M €↑
09/05/2023
reconductionPhilippe Croonenberghs — administrateur
09/05/2023
reconductionChanic s.a. — administrateur indépendant
09/05/2023
reconductionCharlotte Croonenberghs — administrateur
09/05/2023
reconductionChristophe Evers — administrateur
09/05/2023
reconductionMichel Gallez — administrateur
09/05/2023
reconductionPascale Tytgat — administrateur indépendant
09/05/2023
reconductionJean-Philippe Waterschoot — administrateur
09/05/2023
nominationJFA Management SRL — administrateur indépendant
09/05/2023
nominationGérald Croonenberghs — administrateur
09/05/2023
nominationWilliam Croonenberghs — administrateur
09/05/2023
nominationPeople Partners SRL — administrateur indépendant
09/05/2023
nominationEline Pardaens — administrateur indépendant
2022
Annual accounts 20222,7 M €↑
09/11/2022
nominationGérald Croonenberghs — administrateur
09/11/2022
nominationWilliam Croonenberghs — administrateur
10/05/2022
reconductionDeloitte Réviseurs d'Entreprises S.C.C.R.L. — commissaire
2021
Annual accounts 20212,4 M €↓
2020
Annual accounts 20202,5 M €↓
2019
Annual accounts 20192,9 M €
27/12/2000
apportAtenor Group
27/12/2000
cessionAtenor Group
27/12/2000
constitutionAtenor Group — founder
27/12/2000
constitutionAnaphor Venture — founder
14/08/1925
IncorporationPublic limited company

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

TEXAF

Overview

What does TEXAF do?

Trend over 7 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