ACTIVE

TEARFUND

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Financial year 2025 · closed on 31/12/2025

Net result

86,7 k €

+1004.4% YoY

Revenue

5,2 k €

-66.2% YoY

Equity

1,1 M €

+8.8% YoY

Workforce

12,3 ETP

+9.8% YoY

What does TEARFUND do?

TEARFUND is a Non-profit organization incorporated in 1979. Its main activity is: Activities of other membership organisations n.e.c.. Its registered office is in Vilvoorde. It employs on average 12,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.872.616

Incorporation

06/10/1979

Legal form

Non-profit organization

Registered office

Groenstraat 19
1800 Vilvoorde · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

12,3 ETP

Activities (NACE)

94995Activities of other membership organisations n.e.c.· main 94995Activities of other membership organisations n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	5,2 k €	-66.2%	15,5 k €	+2319%	639 €	+16.4%	549 €	+936%	53 €	-69.1%	171,5 €	-59.9%	428 €	-23.4%	558,5 €	-21.1%	707,9 €	+12.7%	628 €	-87.0%	4,8 k €	+460%	860 €		0 €	-100%	49,8 €	-90.3%	512,5 €	+8441%	6 €	-57.1%	14 €	-78.8%	66 €
EBITDA	92,4 k €	+2590%	-3,7 k €	-101%	282,9 k €	+255%	79,7 k €	+286%	-42,8 k €	-132%	135,3 k €	+797%	-19,4 k €	-123%	84,6 k €	-61.1%	217,6 k €	+12502%	1,7 k €	+102%	-92,5 k €	-1076%	9,5 k €	-90.2%	96,8 k €	+259%	26,9 k €	-17.2%	32,5 k €	-66.0%	95,7 k €	+2146%	4,3 k €	-83.3%	25,5 k €
Operating result	86 k €	+979%	-9,8 k €	-104%	276,4 k €	+269%	74,9 k €	+254%	-48,7 k €	-138%	129,7 k €	+592%	-26,4 k €	-134%	77,6 k €	-63.1%	210,5 k €	+4547%	-4,7 k €	+95.1%	-96,9 k €	-2538%	4 k €	-95.7%	91,5 k €	+325%	21,6 k €	-22.8%	27,9 k €	-69.4%	91,1 k €	+25487%	-359 €	-102%	18,4 k €
Net result	86,7 k €	+1004%	-9,6 k €	-104%	272,1 k €	+292%	69,4 k €	+221%	-57,4 k €	-146%	125,7 k €	+532%	-29,1 k €	-139%	74,8 k €	-64.1%	208,5 k €	+3536%	-6,1 k €	+93.7%	-96,8 k €	-2099%	4,8 k €	-94.7%	92 k €	+277%	24,4 k €	-57.7%	57,7 k €	-38.2%	93,2 k €	+5486%	1,7 k €	-92.0%	20,7 k €
Balance sheet
Equity	1,1 M €	+8.8%	984,1 k €	-1.0%	993,7 k €	+37.7%	721,6 k €	+10.6%	652,2 k €	-8.1%	709,6 k €	+21.5%	583,9 k €	-4.7%	613 k €	+13.9%	538,2 k €	+63.3%	329,7 k €	-1.8%	335,7 k €	-22.4%	432,6 k €	+1.1%	427,7 k €	+27.4%	335,7 k €	+7.8%	311,3 k €	+22.7%	253,6 k €	+58.1%	160,4 k €	+1.1%	158,7 k €
Total assets	1,2 M €	+1.5%	1,2 M €	+1.9%	1,1 M €	+32.9%	855,3 k €	+0.9%	848,1 k €	-5.8%	900,2 k €	+17.1%	768,7 k €	-11.6%	869,2 k €	-16.2%	1 M €	+7.9%	961,5 k €	-26.5%	1,3 M €	+132%	562,9 k €	-44.5%	1 M €	+174%	369,9 k €	-1.4%	375,2 k €	-61.5%	974,6 k €	+275%	259,9 k €	-14.3%	303,1 k €
Cash	468,2 k €	-39.4%	772,7 k €	-9.8%	856,7 k €	+12.1%	764 k €	+3.2%	740,3 k €	-10.1%	823,4 k €	+60.0%	514,7 k €	+7.9%	477,2 k €	+35.0%	353,4 k €	-43.5%	625,1 k €	-37.1%	993,6 k €	+355%	218,5 k €	-65.0%	624,7 k €	+520%	100,8 k €	-9.6%	111,5 k €	-84.6%	721,9 k €	+668%	94 k €	-29.3%	132,9 k €
Debts	106,1 k €	-7.8%	115,1 k €	-19.0%	142,1 k €	+6.4%	133,5 k €	-29.1%	188,3 k €	+4.8%	179,7 k €	+9.1%	164,7 k €	+14.3%	144 k €	-26.7%	196,6 k €	+59.7%	123,1 k €	+106%	59,9 k €	+1.7%	58,9 k €	+110%	28 k €	-5.6%	29,7 k €	+39.1%	21,3 k €	-27.6%	29,5 k €	+14.8%	25,7 k €	-56.4%	59 k €
Other
Workforce	12,3 ETP	+9.8%	11,2 ETP	+30.2%	8,6 ETP	+22.9%	7,0 ETP	-30.0%	10,0 ETP	0.0%	10,0 ETP	-9.1%	11,0 ETP	-8.3%	12,0 ETP	+33.3%	9,0 ETP	-10.0%	10,0 ETP	-23.1%	13,0 ETP	-7.1%	14,0 ETP	+7.7%	13,0 ETP	+30.0%	10,0 ETP	-9.1%	11,0 ETP	+10.0%	10,0 ETP	0.0%	10,0 ETP	0.0%	10,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 17 ended

Active mandates

Chantal Buyl

Mandate

Active

Jonathan MIDDELBOS

Mandate

Active

Talitha HOLLANDER

Mandate

Active

Tom Rebry

Mandate

Active

Ended mandates

Nelly Van Damme

Director · since 28 avril 2012 · until 28 avril 2015

Ended

Cécil VAN MAELSAEKE

Mandate

Ended

Cécil Vanmaelsaeke

Mandate

Ended

Cécil Vanmaelsaeke

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	13/05/2026	25/05/2025	19/05/2024	28/04/2023	03/05/2022	01/06/2021
General meeting	25/04/2026	26/04/2025	20/04/2024	22/04/2023	23/04/2022	24/04/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/04/2026	13/05/2026	Dutch	PDF
Abridged model	31/12/2024	26/04/2025	25/05/2025	Dutch	PDF
Abridged model	31/12/2023	20/04/2024	19/05/2024	Dutch	PDF
Abridged model	31/12/2022	22/04/2023	28/04/2023	Dutch	PDF
Abridged model	31/12/2021	23/04/2022	03/05/2022	Dutch	PDF
Abridged model	31/12/2020	24/04/2021	01/06/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	10/07/2020	Dutch	PDF
Abridged model	31/12/2018	27/04/2019	13/05/2019	Dutch	PDF
Abridged model	31/12/2017	28/04/2018	17/05/2018	Dutch	PDF
Abridged model	31/12/2016	22/04/2017	04/05/2017	Dutch	PDF
Abridged model	31/12/2015	23/04/2016	25/04/2016	Dutch	PDF
Abridged model	31/12/2014	25/04/2015	27/04/2015	Dutch	PDF
Abridged model	31/12/2013	26/04/2014	13/05/2014	Dutch	PDF
Abridged model	31/12/2012	27/04/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	28/04/2012	08/05/2012	Dutch	PDF
Abridged model	31/12/2010	28/04/2011	20/12/2011	Dutch	PDF
Abridged model	31/12/2009	24/04/2010	28/07/2010	Dutch	PDF
Abridged model	31/12/2008	25/04/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/04/2008	19/12/2008	Dutch	PDF
Abridged model	31/12/2006	21/04/2007	18/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 4 active · 17 ended

Active mandates

Chantal Buyl

Mandate

Active

Jonathan MIDDELBOS

Mandate

Active

Talitha HOLLANDER

Mandate

Active

Tom Rebry

Mandate

Active

Ended mandates

Nelly Van Damme

Director · since 28 avril 2012 · until 28 avril 2015

Ended

Cécil VAN MAELSAEKE

Mandate

Ended

Cécil Vanmaelsaeke

Mandate

Ended

Cécil Vanmaelsaeke

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2020
ONTSLAGEN - BENOEMINGEN - 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

2025
Annual accounts 202586,7 k €↑
2024
Annual accounts 2024-9,6 k €↓
2023
Annual accounts 2023272,1 k €↑
2022
Annual accounts 202269,4 k €↑
2021
Annual accounts 2021-57,4 k €↓
2020
Annual accounts 2020125,7 k €↑
2019
Annual accounts 2019-29,1 k €↓
2018
Annual accounts 201874,8 k €↓
2017
Annual accounts 2017208,5 k €↑
2016
Annual accounts 2016-6,1 k €↑
2015
Annual accounts 2015-96,8 k €↓
2014
Annual accounts 20144,8 k €↓
2013
Annual accounts 201392 k €↑
2012
Annual accounts 201224,4 k €↓
2011
Annual accounts 201157,7 k €↓
2010
Annual accounts 201093,2 k €↑
2009
Annual accounts 20091,7 k €↓
2008
Annual accounts 200820,7 k €
06/10/1979
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

TEARFUND

Overview

What does TEARFUND do?

Trend over 18 financial years

Indicative valuation

Board of directors

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