ACTIVE

TORFSCONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

-109,3 k €

-196.3% YoY

Gross margin

439,5 k €

+0.4% YoY

Equity

705,2 k €

-13.4% YoY

Workforce

4,2 ETP

-12.5% YoY

What does TORFSCONSTRUCT do?

TORFSCONSTRUCT is a Private limited company incorporated in 1983. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Sint-Katelijne-Waver. It employs on average 4,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.165.648

Incorporation

29/12/1983

Legal form

Private limited company

Registered office

Leemstraat 158
2861 Sint-Katelijne-Waver · FlandreSee on map

Contributed capital

200 000,00 €

Latest accounts

31/12/2025

Average workforce

4,2 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 28520Manufacture of machinery and equipment n.e.c.

Joint committees (1)

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	439,5 k €	+0.4%	437,7 k €	-34.0%	663,6 k €	+12.2%	591,5 k €	-17.6%	718,0 k €	+65.0%	435,1 k €	-20.5%	547,4 k €	-29.5%	776,8 k €	+36.2%	570,5 k €	-12.6%	652,9 k €	+58.0%	413,3 k €	-50.8%	839,9 k €	+3.6%	810,8 k €	+12.1%	723,0 k €	-5.4%	764,6 k €	+76.1%	434,2 k €	+17.9%	368,2 k €	-35.7%	572,2 k €	-15.7%	678,8 k €	+21.2%	560,0 k €
EBITDA	113,2 k €	+14.9%	98,6 k €	-60.1%	247,2 k €	-9.9%	274,2 k €	-34.4%	418,0 k €	+217%	131,7 k €	-45.2%	240,3 k €	-33.6%	361,9 k €	+27.4%	284,1 k €	-33.3%	425,7 k €	+120%	193,3 k €	-56.1%	440,2 k €	+30.3%	337,8 k €	+5.6%	319,9 k €	-24.5%	423,8 k €	+226%	130,1 k €	+32.8%	98,0 k €	-64.0%	272,0 k €	-16.0%	323,7 k €	+50.0%	215,9 k €
Operating result	-84,1 k €	-778%	-9,6 k €	-110%	99,5 k €	-37.3%	158,7 k €	-41.0%	269,1 k €	+1137%	21,7 k €	-3.5%	22,5 k €	-70.3%	75,9 k €	+86.9%	40,6 k €	-82.8%	235,8 k €	+1007%	21,3 k €	-90.9%	235,1 k €	+31.3%	179,2 k €	+64.4%	109,0 k €	-51.9%	226,4 k €	+11242%	-2,0 k €	+53.5%	-4,4 k €	-106%	72,3 k €	-51.5%	149,0 k €	+22.0%	122,1 k €
Net result	-109,3 k €	-196%	-36,9 k €	-168%	54,5 k €	-57.9%	129,4 k €	-45.9%	239,0 k €	+6180%	3,8 k €	-48.8%	7,4 k €	-89.4%	70,0 k €	+106%	33,9 k €	-78.5%	158,0 k €	+636%	21,5 k €	-89.3%	199,9 k €	+17.1%	170,8 k €	+43.9%	118,7 k €	-47.9%	227,9 k €	+8412%	2,7 k €	-40.7%	4,5 k €	-93.4%	68,7 k €	-39.0%	112,6 k €	+17.7%	95,7 k €
Balance sheet
Equity	705,2 k €	-13.4%	814,4 k €	-4.3%	851,3 k €	+6.8%	796,8 k €	+2.0%	781,5 k €	+1.8%	767,4 k €	+0.5%	763,6 k €	+1.0%	756,2 k €	-52.6%	1,6 M €	+2.2%	1,6 M €	+11.3%	1,4 M €	+1.6%	1,4 M €	+10.2%	1,3 M €	-1.7%	1,3 M €	+3.5%	1,2 M €	+7.7%	1,1 M €	+0.2%	1,1 M €	+0.4%	1,1 M €	+6.4%	1,1 M €	+11.8%	957,5 k €
Total assets	2,0 M €	-7.3%	2,2 M €	-6.2%	2,3 M €	+28.0%	1,8 M €	-2.3%	1,8 M €	+18.6%	1,6 M €	-0.6%	1,6 M €	+1.8%	1,5 M €	-27.9%	2,1 M €	+4.1%	2,1 M €	+12.5%	1,8 M €	-0.5%	1,8 M €	+11.5%	1,6 M €	-14.1%	1,9 M €	+6.3%	1,8 M €	+23.7%	1,5 M €	+0.9%	1,4 M €	-3.1%	1,5 M €	+20.2%	1,2 M €	+5.2%	1,2 M €
Cash	472,5 k €	-7.1%	508,9 k €	-3.2%	525,4 k €	-10.4%	586,4 k €	-18.5%	720,0 k €	+76.0%	409,0 k €	+174%	149,0 k €	+74.8%	85,2 k €	-88.5%	742,2 k €	-3.8%	771,8 k €	+14.6%	673,7 k €	+21.1%	556,5 k €	-15.2%	656,4 k €	-9.5%	725,4 k €	+36.8%	530,3 k €	+116%	245,9 k €	-47.4%	467,6 k €	+72.0%	271,8 k €	-5.7%	288,2 k €	-36.6%	454,3 k €
Debts	1,3 M €	-2.9%	1,3 M €	-7.2%	1,4 M €	+43.8%	999,3 k €	-5.5%	1,1 M €	+34.8%	784,0 k €	-1.0%	792,2 k €	+6.5%	743,9 k €	+39.8%	532,0 k €	+21.8%	436,7 k €	+15.1%	379,6 k €	-8.7%	415,6 k €	+18.5%	350,8 k €	-43.1%	616,8 k €	+13.6%	543,1 k €	+74.5%	311,2 k €	+3.7%	300,2 k €	-14.3%	350,4 k €	+108%	168,4 k €	-23.3%	219,8 k €
Other
Workforce	4,2 ETP	-12.5%	4,8 ETP	-28.4%	6,7 ETP	+8.1%	6,2 ETP	-4.6%	6,5 ETP	+18.2%	5,5 ETP	-3.5%	5,7 ETP	-27.8%	7,9 ETP	+23.4%	6,4 ETP		–		5,5 ETP	-26.7%	7,5 ETP	-8.5%	8,2 ETP	+3.8%	7,9 ETP	+9.7%	7,2 ETP	-4.0%	7,5 ETP	+25.0%	6,0 ETP	-6.3%	6,4 ETP	+6.7%	6,0 ETP	0.0%	6,0 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 · 3 active · 4 ended

Active mandates

Dirk OEYEN

Director

Active

Kristof OEYEN

Director

Active

TORINVEST

Director · 0441.318.326

Represented by Stefanie OEYEN

Active

Ended mandates

TORINVEST

Manager · since 15 décembre 2014 · 0441.318.326

Represented by Kristof OEYEN

Ended

Dirk OEYEN

Manager

Ended

Gerda TORFS

Manager

Ended

TORINVEST

Manager · 0441.318.326

Represented by Kristof OEYEN

Ended

At this address

Other companies at this address

Company	CBE no.
TORINVEST● Active	0441.318.326

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	12/08/2026	31/08/2025	31/07/2024	31/07/2023	31/07/2022	31/07/2021
General meeting	03/06/2026	10/06/2025	05/06/2024	27/06/2023	14/06/2022	29/06/2021
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

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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	03/06/2026	12/08/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	27/06/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	31/07/2022	Dutch	PDF
Abridged model	31/12/2020	29/06/2021	31/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	31/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	30/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	10/06/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	09/06/2010	09/07/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	16/06/2008	Dutch	PDF
Abridged model	31/12/2006	17/06/2007	04/07/2007	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 · 3 active · 4 ended

Active mandates

Dirk OEYEN

Director

Active

Kristof OEYEN

Director

Active

TORINVEST

Director · 0441.318.326

Represented by Stefanie OEYEN

Active

Ended mandates

TORINVEST

Manager · since 15 décembre 2014 · 0441.318.326

Represented by Kristof OEYEN

Ended

Dirk OEYEN

Manager

Ended

Gerda TORFS

Manager

Ended

TORINVEST

Manager · 0441.318.326

Represented by Kristof OEYEN

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates04/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/07/2018
KAPITAAL - AANDELEN
PDF
Mandates10/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares16/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares07/11/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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 2025-109,3 k €↓
2024
Annual accounts 2024-36,9 k €↓
2023
Annual accounts 202354,5 k €↓
2022
Annual accounts 2022129,4 k €↓
2021
Annual accounts 2021239,0 k €↑
2020
Annual accounts 20203,8 k €↓
2019
Annual accounts 20197,4 k €↓
2018
Annual accounts 201870,0 k €↑
2017
Annual accounts 201733,9 k €↓
2016
Annual accounts 2016158,0 k €↑
2015
Annual accounts 201521,5 k €↓
2014
Annual accounts 2014199,9 k €↑
2013
Annual accounts 2013170,8 k €↑
2012
Annual accounts 2012118,7 k €↓
2011
Annual accounts 2011227,9 k €↑
2010
Annual accounts 20102,7 k €↓
2009
Annual accounts 20094,5 k €↓
2008
Annual accounts 200868,7 k €↓
2007
Annual accounts 2007112,6 k €↑
2006
Annual accounts 200695,7 k €
29/12/1983
IncorporationPrivate limited company

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

TORFSCONSTRUCT

Overview

What does TORFSCONSTRUCT do?

Trend over 20 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