ACTIVE

T.B.C.

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

91,5 k €

-59.6% YoY

Gross margin

607,8 k €

-18.0% YoY

Equity

487,7 k €

+5.1% YoY

Workforce

1,6 ETP

-36.0% YoY

What does T.B.C. do?

T.B.C. is a Private limited company incorporated in 1988. Its main activity is: Rental and leasing of construction and civil engineering machinery and equipment. Its registered office is in Court-Saint-Etienne. It employs on average 1,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.160.032

Incorporation

20/01/1988

Legal form

Private limited company

Registered office

Rue de Beaurieux 58 box C/D
1490 Court-Saint-Etienne · WallonieSee on map

Contributed capital

55 000,00 €

Latest accounts

31/12/2025

Average workforce

1,6 ETP

Activities (NACE)

77320Rental and leasing of construction and civil engineering machinery and equipment· main 77320Rental and leasing of construction and civil engineering machinery and equipment 33120Repair of machinery 33120Repair of machinery

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

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 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	607,8 k €	-18.0%	741,1 k €	+26.8%	584,4 k €	+13.4%	515,4 k €	-5.8%	547,3 k €	+4.3%	524,9 k €	+36.1%	385,8 k €	+37.4%	280,7 k €	+14.3%	245,7 k €	-20.5%	308,9 k €	+40.7%	219,6 k €	-27.3%	302,2 k €	+36.2%	221,9 k €	-17.7%	269,8 k €	+25.5%	215 k €	+68.6%	127,5 k €	-38.0%	205,8 k €	+25.6%	163,9 k €	-7.1%	176,4 k €	+14.3%	154,3 k €
EBITDA	504,7 k €	-16.2%	602,4 k €	+35.1%	446 k €	+13.0%	394,8 k €	-11.8%	447,8 k €	+3.0%	434,6 k €	+41.2%	307,7 k €	+36.1%	226,1 k €	+15.3%	196,1 k €	-26.6%	267,4 k €	+22.3%	218,6 k €	-27.7%	302,2 k €	+36.2%	221,9 k €	-17.7%	269,8 k €	+25.5%	215 k €	+68.6%	127,5 k €	-38.0%	205,8 k €	+25.6%	163,9 k €	-7.1%	176,4 k €	+14.3%	154,3 k €
Operating result	118,7 k €	-55.7%	267,8 k €	+116%	124 k €	+7.7%	115,1 k €	-29.3%	162,9 k €	-27.8%	225,6 k €	+73.4%	130,1 k €	+53.5%	84,7 k €	+47.9%	57,3 k €	-69.1%	185,3 k €	+147%	75,1 k €	-52.9%	159,4 k €	+347%	35,6 k €	-56.6%	82,2 k €	+55.6%	52,8 k €	+251%	-34,9 k €	-187%	40,1 k €	+50.2%	26,7 k €	-26.4%	36,3 k €	-20.9%	45,9 k €
Net result	91,5 k €	-59.6%	226,4 k €	+108%	109,1 k €	+9.1%	100 k €	-32.5%	148 k €	-30.5%	212,9 k €	+55.8%	136,6 k €	+50.2%	91 k €	+49.9%	60,7 k €	-58.5%	146,4 k €	+1489%	-10,5 k €	-117%	63 k €	+43.6%	43,9 k €	-26.5%	59,7 k €	+54.1%	38,8 k €	+169%	-55,9 k €	-255%	36,1 k €	-46.1%	67,1 k €	+2152%	3 k €	-90.9%	32,9 k €
Balance sheet
Equity	487,7 k €	+5.1%	464,2 k €	+15.2%	402,8 k €	+2.3%	393,7 k €	+6.8%	368,7 k €	+22.6%	300,7 k €	+60.9%	186,9 k €	+23.4%	151,4 k €	-11.2%	170,4 k €	-4.6%	178,7 k €	-26.3%	242,4 k €	-39.8%	402,9 k €	+6.1%	379,8 k €	+13.1%	335,9 k €	+21.6%	276,2 k €	+16.3%	237,4 k €	-19.1%	293,4 k €	+14.0%	257,2 k €	+35.3%	190,2 k €	+1.6%	187,2 k €
Total assets	1,4 M €	-2.1%	1,4 M €	+21.8%	1,1 M €	+11.1%	1 M €	-0.8%	1 M €	-18.9%	1,3 M €	+58.4%	811,2 k €	+68.1%	482,5 k €	+3.4%	466,6 k €	-11.4%	526,9 k €	+15.6%	455,6 k €	-24.4%	602,7 k €	+4.6%	576 k €	+3.1%	558,6 k €	+37.0%	407,9 k €	-3.8%	424,1 k €	-21.9%	543,2 k €	+15.3%	471,2 k €	+1.9%	462,5 k €	-0.9%	466,8 k €
Cash	151,2 k €	-4.2%	157,8 k €	+177%	56,9 k €	+42.9%	39,9 k €	-9.4%	44 k €	-20.3%	55,2 k €	+67.4%	33 k €	-42.0%	56,8 k €	+11.4%	51 k €	+105%	24,9 k €	-59.2%	61 k €	-51.1%	124,8 k €	+73.6%	71,9 k €	+12.2%	64 k €	+59.4%	40,2 k €	-66.3%	119,3 k €	+47.0%	81,2 k €	+135%	34,5 k €	+421%	6,6 k €	-90.7%	71 k €
Debts	855 k €	-5.6%	905,9 k €	+25.1%	724,1 k €	+18.1%	612,9 k €	-5.2%	646,5 k €	-33.2%	967,2 k €	+59.1%	608 k €	+97.9%	307,2 k €	+17.3%	261,8 k €	-15.1%	308,5 k €	+44.7%	213,2 k €	+6.7%	199,8 k €	+1.9%	196,1 k €	-11.9%	222,6 k €	+69.1%	131,7 k €	-29.5%	186,7 k €	-25.3%	249,8 k €	+16.7%	214 k €	-21.4%	272,4 k €	-2.6%	279,6 k €
Other
Workforce	1,6 ETP	-36.0%	2,5 ETP		–		–		3,0 ETP	+50.0%	2,0 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 · 1 active · 6 ended

Active mandates

TBC INVEST

Director · since 06 janvier 2016 · 0644.561.832

Represented by Benjamin LEMAIRE

Active

Ended mandates

LB CONSTRUCTION

Manager · since 01 décembre 2018 · 0889.971.832

Represented by Benjamin LEMAIRE

Ended

TBC INVEST

Manager · since 06 janvier 2016 · 0644.561.832

Represented by Benjamin LEMAIRE

Ended

ALAIN CUVELIER

Mandate

Ended

ALAIN CUVELIER

Manager · until 06 janvier 2016

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro 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	20/07/2026	24/09/2025	22/08/2024	02/08/2023	19/09/2022	27/10/2021
General meeting	17/06/2026	18/06/2025	19/06/2024	21/06/2023	15/06/2022	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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/06/2026	20/07/2026	French	PDF
Abridged model	31/12/2024	18/06/2025	24/09/2025	French	PDF
Micro model	31/12/2023	19/06/2024	22/08/2024	French	PDF
Micro model	31/12/2022	21/06/2023	02/08/2023	French	PDF
Abridged modelCorrection	31/12/2021	15/06/2022	19/09/2022	French	PDF
Abridged model	31/12/2021	15/06/2022	25/08/2022	French	PDF
Abridged model	31/12/2020	16/06/2021	27/10/2021	French	PDF
Abridged model	31/12/2019	17/06/2020	14/09/2020	French	PDF
Micro model	31/12/2018	30/06/2019	30/09/2019	French	PDF
Micro model	31/12/2017	30/06/2018	30/07/2018	French	PDF
Micro model	31/12/2016	30/06/2017	19/09/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	17/06/2015	21/08/2015	French	PDF
Abridged model	31/12/2013	18/06/2014	04/08/2014	French	PDF
Abridged model	31/12/2012	19/06/2013	21/08/2013	French	PDF
Abridged model	31/12/2011	20/06/2012	08/08/2012	French	PDF
Abridged model	31/12/2010	15/06/2011	12/08/2011	French	PDF
Abridged model	31/12/2009	16/06/2010	04/08/2010	French	PDF
Abridged model	31/12/2008	17/06/2009	03/08/2009	French	PDF
Abridged model	31/12/2007	18/06/2008	28/07/2008	French	PDF
Abridged model	31/12/2006	20/06/2007	06/08/2007	French	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 · 1 active · 6 ended

Active mandates

TBC INVEST

Director · since 06 janvier 2016 · 0644.561.832

Represented by Benjamin LEMAIRE

Active

Ended mandates

LB CONSTRUCTION

Manager · since 01 décembre 2018 · 0889.971.832

Represented by Benjamin LEMAIRE

Ended

TBC INVEST

Manager · since 06 janvier 2016 · 0644.561.832

Represented by Benjamin LEMAIRE

Ended

ALAIN CUVELIER

Mandate

Ended

ALAIN CUVELIER

Manager · until 06 janvier 2016

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/08/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates04/12/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2016
DEMISSIONS, NOMINATIONS
PDF
Registered office21/03/2013
SIEGE SOCIAL
PDF
Other02/08/2006
DIVERS
PDF
Mandates06/01/2006
MODIFICATION FORME JURIDIQUE - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates26/05/2003
DEMISSIONS, NOMINATIONS
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 202591,5 k €↓
2024
Annual accounts 2024226,4 k €↑
2023
Annual accounts 2023109,1 k €↑
2022
Annual accounts 2022100 k €↓
2021
Annual accounts 2021148 k €↓
2020
Annual accounts 2020212,9 k €↑
2019
Annual accounts 2019136,6 k €↑
2018
Annual accounts 201891 k €↑
2017
Annual accounts 201760,7 k €↓
2016
Annual accounts 2016146,4 k €↑
2015
Annual accounts 2015-10,5 k €↓
2014
Annual accounts 201463 k €↑
2013
Annual accounts 201343,9 k €↓
2012
Annual accounts 201259,7 k €↑
2011
Annual accounts 201138,8 k €↑
2010
Annual accounts 2010-55,9 k €↓
2009
Annual accounts 200936,1 k €↓
2008
Annual accounts 200867,1 k €↑
2007
Annual accounts 20073 k €↓
2006
Annual accounts 200632,9 k €
20/01/1988
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

T.B.C.

Overview

What does T.B.C. do?

Trend over 20 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