ACTIVE

TRIANVAL

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

748,2 k €

+91.5% YoY

Revenue

6,1 M €

+18.7% YoY

Equity

15,2 M €

+5.3% YoY

Workforce

255,3 ETP

+2.9% YoY

What does TRIANVAL do?

TRIANVAL is a Non-profit organization incorporated in 1978. Its main activity is: Technical and vocational secondary education. Its registered office is in Wetteren. It employs on average 255,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.052.074

Incorporation

08/11/1978

Legal form

Non-profit organization

Registered office

Biezeweg 8
9230 Wetteren · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

255,3 ETP

Activities (NACE)

85322Technical and vocational secondary education· main 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.

Joint committees (2)

327
32701

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2011		2010		2009		2008		2007
Income statement
Revenue	6,1 M €	+18.7%	5,1 M €	+12.3%	4,6 M €	-11.6%	5,2 M €	+11.2%	4,7 M €	+21.3%	3,8 M €	-41.1%	6,5 M €	+24.5%	5,2 M €	+1.1%	5,2 M €	-3.2%	5,4 M €	+2.1%	5,2 M €	+9.1%	4,8 M €	+52.6%	3,1 M €	+10.3%	2,9 M €	+8.7%	2,6 M €	-3.2%	2,7 M €	-3.6%	2,8 M €
EBITDA	1,2 M €	+39.8%	877,5 k €	+46.5%	598,8 k €	-45.1%	1,1 M €	-12.3%	1,2 M €	+15.9%	1,1 M €	-19.2%	1,3 M €	+17.3%	1,1 M €	-4.4%	1,2 M €	+9.7%	1,1 M €	+15.1%	939,9 k €	+13.7%	826,4 k €	+3.7%	797,2 k €	+38.1%	577,3 k €	-13.2%	665,2 k €	+53.6%	433 k €	-34.1%	657,5 k €
Operating result	623,7 k €	+137%	263,5 k €	+3770%	-7,2 k €	-101%	495,4 k €	-24.6%	657 k €	+25.5%	523,4 k €	-27.7%	724,3 k €	+18.4%	611,9 k €	-16.6%	733,7 k €	+18.0%	621,8 k €	+34.1%	463,6 k €	+18.2%	392,2 k €	-3.2%	405,4 k €	+126%	179 k €	-36.6%	282,3 k €	+1279%	20,5 k €	-92.8%	285,6 k €
Net result	748,2 k €	+91.5%	390,6 k €	+476%	67,8 k €	-86.6%	505,4 k €	-26.3%	685,6 k €	+30.9%	523,9 k €	-35.2%	808 k €	+26.5%	638,9 k €	-20.4%	802,6 k €	+20.6%	665,5 k €	+15.5%	576,4 k €	+25.1%	460,9 k €	-13.6%	533,1 k €	+92.3%	277,2 k €	-29.0%	390,3 k €	+90.9%	204,4 k €	-39.8%	339,4 k €
Balance sheet
Equity	15,2 M €	+5.3%	14,4 M €	+2.8%	14 M €	+0.9%	13,9 M €	+4.0%	13,4 M €	+5.3%	12,7 M €	+4.2%	12,2 M €	+7.2%	11,4 M €	+5.9%	10,7 M €	+8.2%	9,9 M €	+7.1%	9,3 M €	+6.5%	8,7 M €	+19.5%	7,3 M €	+8.2%	6,7 M €	+3.9%	6,5 M €	+7.4%	6 M €	+3.2%	5,8 M €
Total assets	17,4 M €	+7.2%	16,2 M €	+2.3%	15,9 M €	+0.7%	15,8 M €	+5.4%	14,9 M €	+4.3%	14,3 M €	+2.3%	14 M €	+7.2%	13,1 M €	+4.0%	12,6 M €	+11.8%	11,2 M €	+3.8%	10,8 M €	+5.9%	10,2 M €	+24.2%	8,2 M €	+6.6%	7,7 M €	+5.9%	7,3 M €	+4.5%	7 M €	+4.2%	6,7 M €
Cash	570,6 k €	-51.2%	1,2 M €	-8.6%	1,3 M €	-40.1%	2,1 M €	+35.5%	1,6 M €	-47.8%	3 M €	-34.3%	4,6 M €	+22.5%	3,8 M €	-0.7%	3,8 M €	+21.3%	3,1 M €	+3.1%	3 M €	+13.9%	2,7 M €	+71.5%	1,5 M €	-19.8%	1,9 M €	+179%	693 k €	-5.8%	735,8 k €	-30.8%	1,1 M €
Debts	1,8 M €	+27.4%	1,4 M €	-3.5%	1,5 M €	-2.5%	1,5 M €	+31.9%	1,2 M €	-7.5%	1,2 M €	-14.1%	1,5 M €	-0.5%	1,5 M €	-10.7%	1,6 M €	+42.3%	1,1 M €	-17.3%	1,4 M €	-0.0%	1,4 M €	+50.0%	926,4 k €	-4.5%	970,1 k €	+21.5%	798,3 k €	-13.5%	922,7 k €	+12.9%	817,5 k €
Other
Workforce	255,3 ETP	+2.9%	248,1 ETP	-3.7%	257,7 ETP	-2.6%	264,6 ETP	+1.0%	262,0 ETP	+2.1%	256,7 ETP	+1.5%	252,9 ETP	+1.9%	248,3 ETP	+1.6%	244,5 ETP	+2.9%	237,7 ETP	+2.5%	231,9 ETP	+2.4%	226,4 ETP	+6.6%	212,3 ETP	+1.5%	209,1 ETP	+4.3%	200,5 ETP	+1.6%	197,3 ETP	-0.5%	198,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 44 ended

Active mandates

Geert Verbeke

Director · since 24 avril 2024

Active

André Troch

Chairman of the board of directors

Active

Anne-Marie Bossaer

Director

Active

Armand De Lepeleire

Vice-chairman of the board of directors

Active

Christel Geltmeyer

Director

Active

Geert Van Landuyt

Director

Active

Jan Bijl

Director

Active

Karoline Mortier

Director

Active

Ended mandates

André Troch

Chairman of the board of directors · since 24 avril 2019 · until 26 avril 2022

Ended

Armand De Lepeleire

Vice-chairman of the board of directors · since 24 avril 2019 · until 26 avril 2022

Ended

Christel Geltmeyer

Director · since 24 avril 2019 · until 26 avril 2022

Ended

Geert Van Landuyt

Director · since 24 avril 2019 · until 26 avril 2022

Ended

At this address

Other companies at this address

Company	CBE no.
BTWeenheid Trianval● Active	0782.240.167

Annual accounts

Full financial information

	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	01/01/2023	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	30/04/2026	28/04/2025	02/05/2024	11/05/2023	27/06/2022	18/06/2021
General meeting	22/04/2026	23/04/2025	24/04/2024	26/04/2023	22/06/2022	16/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	22/04/2026	30/04/2026	Dutch	PDF
Full model	31/12/2024	23/04/2025	28/04/2025	Dutch	PDF
Full model	31/12/2023	24/04/2024	02/05/2024	Dutch	PDF
Full model	31/12/2022	26/04/2023	11/05/2023	Dutch	PDF
Full model	31/12/2021	22/06/2022	27/06/2022	Dutch	PDF
Full model	31/12/2020	16/06/2021	18/06/2021	Dutch	PDF
Full model	31/12/2019	17/06/2020	25/06/2020	Dutch	PDF
Full model	31/12/2018	24/04/2019	29/04/2019	Dutch	PDF
Full model	31/12/2017	25/04/2018	07/05/2018	Dutch	PDF
Full model	31/12/2016	26/04/2017	05/05/2017	Dutch	PDF
Full model	31/12/2015	27/04/2016	11/05/2016	Dutch	PDF
Full model	31/12/2014	22/04/2015	28/04/2015	Dutch	PDF
Full model	31/12/2013	23/04/2014	29/04/2014	Dutch	PDF
Full model	31/12/2012	22/04/2013	29/04/2013	Dutch	PDF
Full model	31/12/2011	25/04/2012	26/04/2012	Dutch	PDF
Full model	31/12/2010	27/04/2011	16/06/2011	Dutch	PDF
Full model	31/12/2009	28/04/2010	14/05/2010	Dutch	PDF
Full model	31/12/2008	22/04/2009	05/05/2009	Dutch	PDF
Full model	31/12/2007	23/04/2008	16/05/2008	Dutch	PDF
Full model	31/12/2006	25/04/2007	29/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 8 active · 44 ended

Active mandates

Geert Verbeke

Director · since 24 avril 2024

Active

André Troch

Chairman of the board of directors

Active

Anne-Marie Bossaer

Director

Active

Armand De Lepeleire

Vice-chairman of the board of directors

Active

Christel Geltmeyer

Director

Active

Geert Van Landuyt

Director

Active

Jan Bijl

Director

Active

Karoline Mortier

Director

Active

Ended mandates

André Troch

Chairman of the board of directors · since 24 avril 2019 · until 26 avril 2022

Ended

Armand De Lepeleire

Vice-chairman of the board of directors · since 24 avril 2019 · until 26 avril 2022

Ended

Christel Geltmeyer

Director · since 24 avril 2019 · until 26 avril 2022

Ended

Geert Van Landuyt

Director · since 24 avril 2019 · until 26 avril 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2020
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2016
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025748,2 k €↑
2024
Annual accounts 2024390,6 k €↑
2023
Annual accounts 202367,8 k €↓
2022
Annual accounts 2022505,4 k €↓
2021
Annual accounts 2021685,6 k €↑
2020
Annual accounts 2020523,9 k €↓
2019
Annual accounts 2019808 k €↑
2018
Annual accounts 2018638,9 k €↓
2017
Annual accounts 2017802,6 k €↑
2016
Annual accounts 2016665,5 k €↑
2015
Annual accounts 2015576,4 k €↑
2014
Annual accounts 2014460,9 k €↓
2011
Annual accounts 2011533,1 k €↑
2010
Annual accounts 2010277,2 k €↓
2009
Annual accounts 2009390,3 k €↑
2008
Annual accounts 2008204,4 k €↓
2007
Annual accounts 2007339,4 k €
08/11/1978
IncorporationNon-profit organization

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

TRIANVAL

Overview

What does TRIANVAL do?

Trend over 17 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