ACTIVE

TRIPPAERS

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Financial year 2025 · closed on 31/12/2025

Net result

343,1 k €

+288.0% YoY

Gross margin

3,3 M €

+36.8% YoY

Equity

409,7 k €

+515.6% YoY

Workforce

50,7 ETP

+10.0% YoY

What does TRIPPAERS do?

TRIPPAERS is a Public limited company incorporated in 1986. Its registered office is in Genk. It employs on average 50,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.159.078

Incorporation

16/06/1986

Legal form

Public limited company

Registered office

Eikelaarstraat 24
3600 Genk · FlandreSee on map

Contributed capital

99 200,00 €

Latest accounts

31/12/2025

Average workforce

50,7 ETP

Joint committees (7)

127
140
14003
140349
140351
226
2260

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,3 M €	+36.8%	2,4 M €	+11.4%	2,2 M €	+16.7%	1,9 M €	+36.5%	1,4 M €	+3.4%	1,3 M €	+5.4%	1,3 M €	-18.3%	1,5 M €	+27.2%	1,2 M €	-10.4%	1,4 M €	+2.3%	1,3 M €	-20.4%	1,7 M €	-4.5%	1,7 M €	+27.1%	1,4 M €	-2.4%	1,4 M €	-15.9%	1,7 M €	-11.3%	1,9 M €	+7.6%	1,7 M €
EBITDA	841,5 k €	+148%	339,3 k €	+85.5%	182,9 k €	-47.9%	350,8 k €	+42.5%	246,2 k €	-22.2%	316,3 k €	+21.0%	261,3 k €	+34.4%	194,5 k €	-1.9%	198,3 k €	-26.3%	269,2 k €	+26.9%	212,2 k €	-31.4%	309,4 k €	+18.5%	261 k €	+229%	79,4 k €	-63.6%	218,3 k €	-15.3%	257,6 k €	-39.5%	425,7 k €	-14.3%	496,8 k €
Operating result	423,6 k €	+525%	-99,7 k €	+46.4%	-186 k €	-346%	75,7 k €	-14.9%	89 k €	-51.1%	182,2 k €	+187%	63,4 k €	+2462%	2,5 k €	+104%	-67,2 k €	-173%	92,5 k €	+50.3%	61,5 k €	-61.5%	160 k €	+106%	77,7 k €	+211%	-69,7 k €	-531%	16,2 k €	+91.6%	8,4 k €	-94.5%	154,6 k €	+40.1%	110,4 k €
Net result	343,1 k €	+288%	-182,5 k €	+24.5%	-241,8 k €	-674%	42,1 k €	-30.8%	60,8 k €	-58.1%	145,3 k €	+305%	35,9 k €	+168%	-52,6 k €	+61.0%	-134,8 k €	-498%	-22,6 k €	-193%	24,2 k €	-77.5%	107,6 k €	+1480%	6,8 k €	+105%	-125,9 k €	-172%	-46,3 k €	-62.9%	-28,4 k €	-280%	15,8 k €	-36.2%	24,8 k €
Balance sheet
Equity	409,7 k €	+516%	66,5 k €	-73.3%	249,1 k €	-49.3%	490,8 k €	+9.4%	448,7 k €	+99.3%	225,1 k €	+182%	79,8 k €	+81.5%	44 k €	-54.5%	96,6 k €	-47.6%	184,4 k €	-10.9%	206,9 k €	+13.2%	182,7 k €	+143%	75,1 k €	+10.0%	68,3 k €	-64.8%	194,3 k €	-19.2%	240,6 k €	-10.6%	269 k €	+6.2%	253,2 k €
Total assets	2,7 M €	+8.4%	2,5 M €	-1.7%	2,6 M €	+4.1%	2,5 M €	+16.0%	2,1 M €	+29.0%	1,6 M €	+3.4%	1,6 M €	-12.1%	1,8 M €	-19.5%	2,2 M €	+15.5%	1,9 M €	+9.6%	1,8 M €	+55.8%	1,1 M €	-7.7%	1,2 M €	-38.8%	2 M €	+29.7%	1,6 M €	-2.5%	1,6 M €	-8.0%	1,7 M €	+28.3%	1,3 M €
Cash	139,1 k €	+42.2%	97,9 k €	+77.7%	55,1 k €	-22.3%	70,9 k €	+144%	29 k €	+621%	4 k €	-56.1%	9,2 k €	+67.2%	5,5 k €	-81.3%	29,3 k €	+107%	14,1 k €	-55.1%	31,5 k €	-18.6%	38,7 k €	+123%	17,3 k €	-42.9%	30,4 k €	-58.4%	73 k €	-19.8%	91 k €	-58.7%	220,2 k €	+196%	74,5 k €
Debts	2,3 M €	-5.5%	2,4 M €	+5.8%	2,3 M €	+17.6%	2 M €	+17.7%	1,7 M €	+17.8%	1,4 M €	-6.1%	1,5 M €	-14.0%	1,7 M €	-18.2%	2,1 M €	+23.6%	1,7 M €	+10.7%	1,6 M €	+64.6%	948,8 k €	-17.8%	1,2 M €	-40.5%	1,9 M €	+43.0%	1,4 M €	+2.1%	1,3 M €	-3.0%	1,4 M €	+25.1%	1,1 M €
Other
Workforce	50,7 ETP	+10.0%	46,1 ETP	-0.4%	46,3 ETP	+13.5%	40,8 ETP	+34.7%	30,3 ETP	+9.8%	27,6 ETP	-2.1%	28,2 ETP	-3.1%	29,1 ETP	+14.1%	25,5 ETP	-4.9%	26,8 ETP	-2.5%	27,5 ETP	-23.6%	36,0 ETP	-9.1%	39,6 ETP	+9.7%	36,1 ETP	+0.3%	36,0 ETP	-3.5%	37,3 ETP	-7.7%	40,4 ETP	+8.3%	37,3 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 · 23 ended

Active mandates

Carine De Doncker

Director · since 26 octobre 2023 · until 21 mai 2029

Active

PIERRE TRIPPAERS

Managing director · since 26 octobre 2023 · until 21 mai 2029

Active

TJ-TRANS

Managing director · since 26 octobre 2023 · until 21 mai 2029 · 0871.691.488

Represented by Jorg Trippaers

Active

Ended mandates

TJ-TRANS

Managing director · since 26 octobre 2023 · until 21 mai 2029 · 0871.691.488

Represented by TRIPPAERS JORG

Ended

CARINE DE DONCKER

Director · since 14 août 2020 · until 16 mai 2022

Ended

Jorg TRIPPAERS

Director · since 17 mai 2016 · until 16 mai 2022

Ended

JORG TRIPPAERS

Director · since 17 mai 2016 · until 14 août 2020

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	30/04/2026	11/06/2025	22/08/2024	15/06/2023	28/07/2022	13/07/2021
General meeting	25/04/2026	10/06/2025	09/08/2024	13/06/2023	30/06/2022	17/05/2021
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	30/04/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	11/06/2025	Dutch	PDF
Abridged model	31/12/2023	09/08/2024	22/08/2024	Dutch	PDF
Abridged model	31/12/2022	13/06/2023	15/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	17/05/2021	13/07/2021	Dutch	PDF
Abridged model	31/12/2019	14/08/2020	04/09/2020	Dutch	PDF
Abridged model	31/12/2018	24/06/2019	16/07/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	14/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	10/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/05/2014	06/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	06/07/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	04/08/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	19/05/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	14/06/2007	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 · 23 ended

Active mandates

Carine De Doncker

Director · since 26 octobre 2023 · until 21 mai 2029

Active

PIERRE TRIPPAERS

Managing director · since 26 octobre 2023 · until 21 mai 2029

Active

TJ-TRANS

Managing director · since 26 octobre 2023 · until 21 mai 2029 · 0871.691.488

Represented by Jorg Trippaers

Active

Ended mandates

TJ-TRANS

Managing director · since 26 octobre 2023 · until 21 mai 2029 · 0871.691.488

Represented by TRIPPAERS JORG

Ended

CARINE DE DONCKER

Director · since 14 août 2020 · until 16 mai 2022

Ended

Jorg TRIPPAERS

Director · since 17 mai 2016 · until 16 mai 2022

Ended

JORG TRIPPAERS

Director · since 17 mai 2016 · until 14 août 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/08/2015
DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring18/06/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates11/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/04/2007
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 2025343,1 k €↑
2024
Annual accounts 2024-182,5 k €↑
2023
Annual accounts 2023-241,8 k €↓
2022
Annual accounts 202242,1 k €↓
2021
Annual accounts 202160,8 k €↓
2018
Annual accounts 2018145,3 k €↑
2017
Annual accounts 201735,9 k €↑
2016
Annual accounts 2016-52,6 k €↑
2015
Annual accounts 2015-134,8 k €↓
2014
Annual accounts 2014-22,6 k €↓
2013
Annual accounts 201324,2 k €↓
2012
Annual accounts 2012107,6 k €↑
2011
Annual accounts 20116,8 k €↑
2010
Annual accounts 2010-125,9 k €↓
2009
Annual accounts 2009-46,3 k €↓
2008
Annual accounts 2008-28,4 k €↓
2007
Annual accounts 200715,8 k €↓
2006
Annual accounts 200624,8 k €
16/06/1986
IncorporationPublic 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

TRIPPAERS

Overview

What does TRIPPAERS 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