TVH EQUIPMENT
0414.262.650 · rovalta.com · 25/09/2026
ACTIVE
TVH EQUIPMENT
Financial year 2025 · Closed on 31/12/2025
Net result3,8 M €+17,2 %over 1 year
Revenue153,1 M €-3,6 %over 1 year
Equity48,4 M €+8,5 %over 1 year
Workforce283,6 ETP-1,6 %over 1 year
Overview
Identity
Source · BCE/KBOTVH EQUIPMENT is a Public limited company incorporated in 1974. Its registered office is in Waregem. It employs on average 283,6 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0414.262.650
- Incorporation
- 27/05/1974
- Legal form
- Public limited company
- Registered office
- Mannebeekstraat 4
8790 Waregem · FlandreSee on map - Contributed capital
- 18 076 058,59 €
- Latest accounts
- 31/12/2025
- Average workforce
- 283,6 ETP
Joint committees (2)
- 14904
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 153,1 M € | -3.6% | 158,7 M € | -16.5% | 190 M € | +35.3% | 140,5 M € | -0.5% | 141,2 M € |
| EBITDA | 5,3 M € | -5.7% | 5,7 M € | -20.1% | 7,1 M € | +313% | 1,7 M € | -52.1% | 3,6 M € |
| Operating result | 4,4 M € | -4.9% | 4,6 M € | -15.8% | 5,4 M € | +857% | 569,3 k € | -74.0% | 2,2 M € |
| Net result | 3,8 M € | +17.2% | 3,2 M € | -44.1% | 5,8 M € | +362% | 1,3 M € | -29.1% | 1,8 M € |
| Balance sheet | |||||||||
| Equity | 48,4 M € | +8.5% | 44,6 M € | +7.9% | 41,3 M € | +16.4% | 35,5 M € | +3.7% | 34,3 M € |
| Total assets | 73,8 M € | -8.8% | 80,9 M € | +6.0% | 76,3 M € | +26.9% | 60,1 M € | +7.0% | 56,2 M € |
| Cash | 12 M € | +294% | 3,1 M € | -54.3% | 6,7 M € | +377% | 1,4 M € | -81.6% | 7,6 M € |
| Debts | 25,1 M € | -29.2% | 35,5 M € | +2.9% | 34,5 M € | +42.0% | 24,3 M € | +11.5% | 21,8 M € |
| Other | |||||||||
| Workforce | 283,6 ETP | -1.6% | 288,2 ETP | +3.1% | 279,5 ETP | -1.7% | 284,3 ETP | -0.3% | 285,2 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20258 active · 22 ended
Active mandates
Active
Active
Active
mateco BV
ActiveActive
Active
Brecht Loosveld
ActiveActive
Ended mandates
Other companies at this address
Mannebeekstraat 4 8790 Waregem| Company | CBE no. |
|---|---|
Fremato Equipment● Active | 0758.858.417 |
MATECO BELGIUM● Active | 0684.509.796 |
QUERTUSFIN● Active | 0756.466.871 |
TVH Group Equipment● Active | 0769.268.792 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 15 months | 12 months | 12 months | 12 months |
| Filing date | 04/08/2026 | 07/07/2025 | 03/07/2024 | 23/06/2023 | 25/05/2022 | 09/04/2021 |
| General meeting | 26/06/2026 | 27/06/2025 | 28/06/2024 | 23/06/2023 | 25/03/2022 | 26/03/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 26/06/2026 | 04/08/2026 | Dutch | |
| Full model | 31/12/2024 | 27/06/2025 | 07/07/2025 | Dutch | |
| Full model | 31/12/2023 | 28/06/2024 | 03/07/2024 | Dutch | |
| Full model | 30/09/2022 | 23/06/2023 | 23/06/2023 | Dutch | |
| Full model | 30/09/2021 | 25/03/2022 | 25/05/2022 | Dutch | |
| Full model | 30/09/2020 | 26/03/2021 | 09/04/2021 | Dutch | |
| Full model | 30/09/2019 | 27/03/2020 | 31/03/2020 | Dutch | |
| Full model | 30/09/2018 | 29/03/2019 | 04/04/2019 | Dutch | |
| Full model | 30/09/2017 | 02/03/2018 | 03/04/2018 | Dutch | |
| Full model | 30/09/2016 | 20/03/2017 | 21/03/2017 | Dutch | |
| Full model | 30/09/2015 | 15/03/2016 | 06/04/2016 | Dutch | |
| Full model | 30/09/2014 | 26/03/2015 | 13/04/2015 | Dutch | |
| Full model | 30/09/2013 | 07/03/2014 | 07/04/2014 | Dutch | |
| Full model | 30/09/2012 | 28/03/2013 | 04/04/2013 | Dutch | |
| Full model | 30/09/2011 | 22/03/2012 | 20/04/2012 | Dutch | |
| Full model | 30/09/2010 | 04/03/2011 | 18/03/2011 | Dutch | |
| Full model | 31/12/2009 | 28/05/2010 | 30/06/2010 | Dutch | |
| Full model | 31/12/2008 | 29/05/2009 | 29/06/2009 | Dutch | |
| Full model | 31/12/2007 | 16/05/2008 | 27/06/2008 | Dutch | |
| Full model | 31/12/2006 | 25/05/2007 | 16/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20258 active · 22 ended
Active mandates
Active
Active
Active
mateco BV
ActiveActive
Active
Brecht Loosveld
ActiveActive
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates06/08/2025ONTSLAGEN - BENOEMINGEN
- Registered office19/06/2024MAATSCHAPPELIJKE ZETEL
- Mandates16/05/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates14/07/2022ONTSLAGEN - BENOEMINGEN
- Mandates18/10/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates02/06/2021ONTSLAGEN - BENOEMINGEN
- Mandates22/04/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates30/04/2019ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20253,8 M €↑
- 27/06/2025reconductionEY Bedrijfsrevisoren BV — commissaris
- 2024Annual accounts 20243,2 M €↓
- 2023Annual accounts 20235,8 M €↑
- 13/03/2023nominationFORRET Stefaan Jozef — bestuurder (lid van de directieraad)
- 01/01/2023nominationVANHALST Pascal Gilbert Lieven — bestuurder (lid van de raad van toezicht)
- 2022Annual accounts 20221,3 M €↓
- 25/03/2022reconductionEY Bedrijfsrevisoren BV — commissaris
- 2021Annual accounts 20211,8 M €↑
- 2020Annual accounts 2020-1,9 M €↓
- 2019Annual accounts 2019208,4 k €↓
- 2018Annual accounts 2018956,7 k €↑
- 2017Annual accounts 2017927,4 k €↓
- 2016Annual accounts 20161,1 M €↓
- 2014Annual accounts 201410,9 M €↑
- 2014Name changeTVH Equipment NV
- 2013Annual accounts 20132,4 M €↓
- 2013Name changeGUNCO
- 2012Annual accounts 20122,5 M €↑
- 2010Annual accounts 2010-195,9 k €↑
- 2009Annual accounts 2009-1,2 M €↓
- 2008Annual accounts 20081,1 M €↓
- 2007Annual accounts 20071,8 M €↓
- 2006Annual accounts 20062 M €
- 2006Name changeTVH RENTAL EQUIPMENT
- 27/05/1974IncorporationPublic limited company