ACTIVE

TRBA IMMO

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Financial year 2025 · Closed on 31/12/2025

Net result-12 k €-102,1 %over 1 year

Gross margin334,3 k €-81,3 %over 1 year

Equity5 M €-59,1 %over 1 year

Workforce0,0 ETP-100,0 %over 1 year

Identity

Source · BCE/KBO

TRBA IMMO is a Public limited company incorporated in 1988. Its main activity is: Management consultancy activities. Its registered office is in Mouscron.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0434.443.204
Incorporation: 27/05/1988
Legal form: Public limited company
Registered office: Boulevard Industriel 95 box A
7700 Mouscron · WallonieSee on map
Contributed capital: 61 500,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 70201Management consultancy activities

Joint committees (3)

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 7 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	334,3 k €	-81.3%	1,8 M €	+5.8%	1,7 M €	+11.4%	1,5 M €	-1.2%	1,5 M €
EBITDA	260,4 k €	-79.5%	1,3 M €	+11.8%	1,1 M €	+15.7%	984,8 k €	-4.3%	1 M €
Operating result	58,2 k €	-94.5%	1,1 M €	+14.1%	927,6 k €	+14.4%	810,6 k €	-8.3%	884,3 k €
Net result	-12 k €	-102%	574,5 k €	-4.8%	603,5 k €	+57.5%	383,2 k €	-13.3%	442 k €
Balance sheet
Equity	5 M €	-59.1%	12,3 M €	+4.9%	11,7 M €	+4.6%	11,2 M €	+3.6%	10,8 M €
Total assets	9 M €	-57.8%	21,3 M €	+7.2%	19,9 M €	+8.1%	18,4 M €	+3.1%	17,8 M €
Cash	14,6 k €	-63.1%	39,4 k €	+175%	14,3 k €	-72.8%	52,7 k €	+57.0%	33,6 k €
Debts	3,9 M €	-44.7%	7,1 M €	+14.6%	6,2 M €	+19.4%	5,2 M €	+4.0%	5 M €
Other
Workforce	0,0 ETP	-100%	5,9 ETP	-14.5%	6,9 ETP	-12.7%	7,9 ETP	0.0%	7,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anne-Marie Bouckaert	Director30/12/2019 → 28/05/2027Managing director30/12/2019 → 2022 accountsended
GSD Invests0448.574.817Represented by Stadsbader PIERRE	Managing director18/04/2013 → 28/05/2027
Mista0822.720.148Represented by Stadsbader MICHÈLE	Managing director01/04/2010 → 28/05/2027Director01/04/2010 → 2010 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anne-Marie Bouckaert Anne-Marie	Director30/12/2019 → 2020 accounts
TRBA0462.933.191Represented by GSD INVESTS	Director27/05/2016 → 2019 accounts
GSD Invest BVBA0822.942.951Represented by Pierre Stadsbader	Managing director10/06/2011 → 18/04/2013

Other companies at this address

Boulevard Industriel 95 7700 Mouscron

Company	CBE no.
CODEM● Active	0716.962.929
INFRA INVEST GROUP● Active	1025.871.406
MESSAGE MANAGEMENT● Active	0565.970.452
ODIGO DM● Active	0401.264.452
PRIMO V.D.● Active	0463.506.283

Full financial information

Source · NBB

	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	26/08/2026	10/07/2025	09/07/2024	10/07/2023	15/07/2022	15/07/2021
General meeting	30/06/2026	03/04/2025	28/06/2024	30/06/2023	27/05/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	26/08/2026	French	PDF
Abridged model	31/12/2024	03/04/2025	10/07/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	09/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	10/07/2023	French	PDF
Abridged model	31/12/2021	27/05/2022	15/07/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	15/07/2021	French	PDF
Abridged model	31/12/2019	29/05/2020	28/07/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	08/08/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	20/08/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	29/06/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	15/07/2016	French	PDF
Abridged model	31/12/2014	29/05/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	07/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	24/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anne-Marie Bouckaert	Director30/12/2019 → 28/05/2027Managing director30/12/2019 → 2022 accountsended
GSD Invests0448.574.817Represented by Stadsbader PIERRE	Managing director18/04/2013 → 28/05/2027
Mista0822.720.148Represented by Stadsbader MICHÈLE	Managing director01/04/2010 → 28/05/2027Director01/04/2010 → 2010 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anne-Marie Bouckaert Anne-Marie	Director30/12/2019 → 2020 accounts
TRBA0462.933.191Represented by GSD INVESTS	Director27/05/2016 → 2019 accounts
GSD Invest BVBA0822.942.951Represented by Pierre Stadsbader	Managing director10/06/2011 → 18/04/2013

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring01/08/2025
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Restructuring06/06/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates06/09/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates01/07/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates07/02/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates11/10/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates13/04/2016
DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office31/03/2016
MAATSCHAPPELIJKE ZETEL
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings7 filings

Mandates

Anne-Marie Bouckaert

GSD Invests

Mista

Anne-Marie Bouckaert Anne-Marie

TRBA

GSD Invest BVBA

Pierre Stadsbader

Jean-Pierre STADSBADER

Anne - Marie BOUCKAERT

Michèle STADSBADER

1988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

TRBA IMMOInfra Invest GroupeSTAMAN

Boulevard Industriel 95 bte A, 7700 MouscronBoulevard Industriel 95/A, 7700 Mouscron

DirectorManaging director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard Industriel 95 bte A, 7700 MouscronCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00426762
Boulevard Industriel 95/A, 7700 Mouscron	accounts 2021 → 2023	Accounts 2023 · 2024-00227869

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TRBA IMMOCurrent	accounts 2025	Accounts 2025 · 2026-00426762
Infra Invest Groupe	accounts 2015 → 2024	Accounts 2024 · 2025-00252658
STAMAN	accounts 2006 → 2014	Accounts 2014 · 2015-29400521

Events

2025
Annual accounts 2025-12 k €↓
2025
Name changeTRBA IMMO
2024
Annual accounts 2024574,5 k €↓
2023
Annual accounts 2023603,5 k €↑
2022
Annual accounts 2022383,2 k €↓
2021
Annual accounts 2021442 k €↓
2018
Annual accounts 2018503,1 k €↑
2015
Name changeInfra Invest Groupe
2006
Annual accounts 2006237,1 k €
27/05/1988
IncorporationPublic limited company

TRBA IMMO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events