ACTIVE

TrustCapital

Financial year 2025 · Closed on 31/12/2025

Net result6,8 M €+400,9 %over 1 year
Equity78,7 M €+9,4 %over 1 year

Identity

Source · BCE/KBO

TrustCapital is a Public limited company incorporated in 1968. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.240.282
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Kapel ter Bede(Kor) 84
8500 Kortrijk · FlandreSee on map
Contributed capital
46 445 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue–––––
EBITDA-109,7 k €-106,5 k €-154,5 k €-132,4 k €-45,2 k €
Operating result-109,7 k €-106,5 k €-154,5 k €-132,4 k €-45,2 k €
Net result6,8 M €1,4 M €667,1 k €10,7 M €9,4 M €
Balance sheet
Equity78,7 M €71,9 M €70,6 M €69,9 M €62,2 M €
Total assets132,7 M €122,2 M €113,2 M €103 M €119,8 M €
Cash483,9 k €363,7 k €686,4 k €262,8 k €2,5 M €
Debts54 M €50 M €42,5 M €33 M €57,5 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 40 ended

Active mandates

Hilde Famaey

Director · since 27 mars 2024 · until 19 juin 2029

Active
Hilde Famaey

Managing director · since 27 mars 2024 · until 19 juin 2029

Active
Stéphane Vlaemminck

Director · since 27 mars 2024 · until 19 juin 2029

Active
Christian Dumolin

Chairman of the board of directors · since 27 mai 1998 · until 20 juin 2028

Active
Christian Dumolin

Director · since 27 mai 1998 · until 20 juin 2028

Active
Christian Dumolin

Managing director · since 27 mai 1998 · until 20 juin 2028

Active

Ended mandates

Agolis

Director · since 20 juin 2023 · until 27 mars 2024 · 0799.345.722

Represented by Stéphane Vlaemminck

Ended
Agolis

Director · since 20 juin 2023 · until 26 mars 2024 · 0799.345.722

Represented by Stéphane VLAEMMINCK

Ended
IDAIA

Managing director · since 09 janvier 2023 · until 27 mars 2024 · 0884.081.853

Represented by Hilde Famaey

Ended
Christian DUMOLIN

Chairman of the board of directors · since 21 juin 2022 · until 20 juin 2028

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202624/06/202520/06/202426/06/202329/06/202230/06/2021
General meeting16/06/202617/06/202518/06/202420/06/202321/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202630/06/2026DutchPDF
Full model31/12/202417/06/202524/06/2025DutchPDF
Full model31/12/202318/06/202420/06/2024DutchPDF
Full model31/12/202220/06/202326/06/2023DutchPDF
Full model31/12/202121/06/202229/06/2022DutchPDF
Full model31/12/202015/06/202130/06/2021DutchPDF
Full model31/12/201916/06/202023/06/2020DutchPDF
Full model31/12/201818/06/201918/06/2019DutchPDF
Full model31/12/201719/06/201827/06/2018DutchPDF
Full model31/12/201620/06/201706/07/2017DutchPDF
Full model31/12/201521/06/201604/07/2016DutchPDF
Full model31/12/201416/06/201523/06/2015DutchPDF
Full model31/12/201317/06/201430/06/2014DutchPDF
Full model31/12/201218/06/201316/07/2013DutchPDF
Full model31/12/201119/06/201212/07/2012DutchPDF
Full model31/12/201021/06/201127/06/2011DutchPDF
Full model31/12/200915/06/201001/07/2010DutchPDF
Full model31/12/200816/06/200901/07/2009DutchPDF
Full model31/12/200717/06/200816/07/2008DutchPDF
Full model31/12/200619/06/200709/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 40 ended

Active mandates

Hilde Famaey

Director · since 27 mars 2024 · until 19 juin 2029

Active
Hilde Famaey

Managing director · since 27 mars 2024 · until 19 juin 2029

Active
Stéphane Vlaemminck

Director · since 27 mars 2024 · until 19 juin 2029

Active
Christian Dumolin

Chairman of the board of directors · since 27 mai 1998 · until 20 juin 2028

Active
Christian Dumolin

Director · since 27 mai 1998 · until 20 juin 2028

Active
Christian Dumolin

Managing director · since 27 mai 1998 · until 20 juin 2028

Active

Ended mandates

Agolis

Director · since 20 juin 2023 · until 27 mars 2024 · 0799.345.722

Represented by Stéphane Vlaemminck

Ended
Agolis

Director · since 20 juin 2023 · until 26 mars 2024 · 0799.345.722

Represented by Stéphane VLAEMMINCK

Ended
IDAIA

Managing director · since 09 janvier 2023 · until 27 mars 2024 · 0884.081.853

Represented by Hilde Famaey

Ended
Christian DUMOLIN

Chairman of the board of directors · since 21 juin 2022 · until 20 juin 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20256,8 M €↑
  2. 17/06/2025
    reconductionBoes & Verrue Bedrijfsrevisoren BV — commissaris
  3. 2024
    Annual accounts 20241,4 M €↑
  4. 2023
    Annual accounts 2023667,1 k €↓
  5. 20/06/2023
    nominationAgolis BV — bestuurder
  6. 09/01/2023
    nominationIdaia BV — gedelegeerd bestuurder
  7. 2022
    Annual accounts 202210,7 M €↑
  8. 21/06/2022
    reconductionChristian Dumolin — bestuurder
  9. 21/06/2022
    reconductionIdaia BV — bestuurder
  10. 21/06/2022
    reconductionBoes Joseph-Michel Bedrijfsrevisor BV — commissaris
  11. 04/01/2022
    nominationSpeechCorner VOF — bestuurder
  12. 2021
    Annual accounts 20219,4 M €↑
  13. 2020
    Annual accounts 20208,1 M €↑
  14. 2019
    Annual accounts 20192,1 M €↑
  15. 2018
    Annual accounts 2018-2,6 M €↓
  16. 2017
    Annual accounts 20173,7 M €↑
  17. 2016
    Annual accounts 2016238,1 k €↓
  18. 2015
    Annual accounts 201521,5 M €↑
  19. 2014
    Annual accounts 201418,8 M €↑
  20. 2013
    Annual accounts 20135,2 M €↓
  21. 2012
    Annual accounts 20126,5 M €↑
  22. 2011
    Annual accounts 20113,9 M €↓
  23. 2010
    Annual accounts 20104 M €↑
  24. 2009
    Annual accounts 20092,2 M €↓
  25. 2008
    Annual accounts 20082,8 M €↑
  26. 2007
    Annual accounts 2007324,8 k €↓
  27. 2006
    Annual accounts 200615,4 M €
  28. 01/01/1968
    IncorporationPublic limited company