ACTIVE

TALMACO

Financial year 2025 · closed on 30/06/2025
Net result
84,2 k €
+181.1% YoY
Gross margin
-108,1 k €
+20.5% YoY
Equity
2,7 M €
+3.2% YoY

What does TALMACO do?

TALMACO is a Public limited company incorporated in 1978. Its main activity is: Production of electricity. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.604.290
Incorporation
12/06/1978
Legal form
Public limited company
Registered office
Rue Anneessens 31 N
1000 Bruxelles · BruxellesSee on map
Contributed capital
1 622 344,09 €
Latest accounts
30/06/2025
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-108,1 k €-136 k €-36,6 k €18,8 k €47,1 k €38,8 k €79,5 k €321,2 k €55,8 k €64,8 k €99,2 k €78,1 k €45 k €51,8 k €26,4 k €82 k €86,8 k €85,2 k €92,2 k €
EBITDA-108,1 k €-136 k €-36,6 k €18,8 k €47,1 k €36,6 k €78,5 k €314,1 k €51 k €62,3 k €95,3 k €74,4 k €42,6 k €47,7 k €26,4 k €82 k €86,8 k €85,2 k €92,2 k €
Operating result-141,8 k €-168 k €-55,3 k €-88,8 k €2 k €-8,6 k €38 k €279,4 k €2,9 k €17,1 k €48,6 k €31,6 k €-137 €-134 €-21,4 k €28,4 k €41,1 k €43,3 k €69,5 k €
Net result84,2 k €30 k €61,8 k €64,3 k €33,5 k €23,1 k €25,2 k €220,3 k €2,5 k €14,7 k €38,9 k €28,9 k €4,7 k €3,8 k €12,4 k €56,1 k €44,2 k €81,1 k €57,6 k €
Balance sheet
Equity2,7 M €2,6 M €2,4 M €2,3 M €2,3 M €2,2 M €2,2 M €2,2 M €2 M €2 M €2 M €1,9 M €1,9 M €567,7 k €563,9 k €575,6 k €557,5 k €630,8 k €618,7 k €
Total assets4,8 M €4,9 M €4,7 M €4,4 M €2,4 M €2,4 M €2,3 M €2,3 M €2,1 M €2,1 M €2,1 M €2 M €2 M €783,9 k €798 k €823,3 k €924,3 k €839,5 k €715,4 k €
Cash23,9 k €229,2 k €28,9 k €93,2 k €109,8 k €795,2 k €795,2 k €745,8 k €387,5 k €404,2 k €283,1 k €227,3 k €176,8 k €247,5 k €60,3 k €10,3 k €202 k €8,4 k €61,2 k €
Debts1,8 M €1,9 M €2,2 M €2 M €28,8 k €25,6 k €32,4 k €27,2 k €18,6 k €27,7 k €35,3 k €38,5 k €31,5 k €122,1 k €134,2 k €131,7 k €180,4 k €166,2 k €47,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 16 ended

Active mandates

Carla Lenoir

Managing director

Active
Edouard De Bruyne

Director

Active
Guillaume De Bruyne

Director

Active

Ended mandates

Carla Lenoir

Managing director · since 24 décembre 2013 · until 24 décembre 2019

Ended
Edouard De Bruyne

Director · since 23 décembre 2013 · until 23 décembre 2019

Ended
Guillaume De Bruyne

Director · since 23 décembre 2013 · until 23 décembre 2019

Ended
Guillaume De Bruyne

Director · since 19 décembre 2011 · until 19 décembre 2017

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/12/202509/12/202419/12/202301/02/202315/12/202117/12/2020
General meeting02/12/202503/12/202405/12/202306/12/202207/12/202101/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202502/12/202508/12/2025DutchPDF
Abridged model30/06/202403/12/202409/12/2024DutchPDF
Abridged model30/06/202305/12/202319/12/2023DutchPDF
Abridged model30/06/202206/12/202201/02/2023DutchPDF
Abridged model30/06/202107/12/202115/12/2021DutchPDF
Abridged model30/06/202001/12/202017/12/2020DutchPDF
Abridged model30/06/201903/12/201912/12/2019DutchPDF
Abridged model30/06/201804/12/201813/12/2018DutchPDF
Abridged model30/06/201705/12/201705/12/2017DutchPDF
Abridged model30/06/201606/12/201608/12/2016DutchPDF
Abridged model30/06/201524/12/201514/01/2016DutchPDF
Abridged model30/06/201402/12/201412/01/2015DutchPDF
Abridged model30/06/201303/12/201331/01/2014DutchPDF
Abridged model30/06/201224/12/201224/01/2013DutchPDF
Abridged model30/06/201116/10/201125/01/2012DutchPDF
Abridged model30/06/201017/10/201009/12/2010DutchPDF
Abridged model30/06/200918/10/200918/01/2010DutchPDF
Abridged model30/06/200819/10/200826/01/2009DutchPDF
Abridged model30/06/200721/10/200729/11/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 30/06/2025 · 3 active · 16 ended

Active mandates

Carla Lenoir

Managing director

Active
Edouard De Bruyne

Director

Active
Guillaume De Bruyne

Director

Active

Ended mandates

Carla Lenoir

Managing director · since 24 décembre 2013 · until 24 décembre 2019

Ended
Edouard De Bruyne

Director · since 23 décembre 2013 · until 23 décembre 2019

Ended
Guillaume De Bruyne

Director · since 23 décembre 2013 · until 23 décembre 2019

Ended
Guillaume De Bruyne

Director · since 19 décembre 2011 · until 19 décembre 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other09/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/01/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/09/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/01/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 202584,2 k €
  2. 2024
    Annual accounts 202430 k €
  3. 2023
    Annual accounts 202361,8 k €
  4. 2022
    Annual accounts 202264,3 k €
  5. 2021
    Annual accounts 202133,5 k €
  6. 2020
    Annual accounts 202023,1 k €
  7. 2019
    Annual accounts 201925,2 k €
  8. 2018
    Annual accounts 2018220,3 k €
  9. 2017
    Annual accounts 20172,5 k €
  10. 2016
    Annual accounts 201614,7 k €
  11. 2015
    Annual accounts 201538,9 k €
  12. 2014
    Annual accounts 201428,9 k €
  13. 2013
    Annual accounts 20134,7 k €
  14. 2012
    Annual accounts 20123,8 k €
  15. 2011
    Annual accounts 201112,4 k €
  16. 2010
    Annual accounts 201056,1 k €
  17. 2009
    Annual accounts 200944,2 k €
  18. 2008
    Annual accounts 200881,1 k €
  19. 2007
    Annual accounts 200757,6 k €
  20. 12/06/1978
    IncorporationPublic limited company