NORMAL SITUATION

TORIS

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Financial year 2025 · closed on 31/12/2025

Net result

431,7 k €

+6.8% YoY

Gross margin

1 M €

+4.9% YoY

Equity

1,9 M €

+29.6% YoY

Workforce

4,5 ETP

-11.8% YoY

Company — Normal situation.

Strike-off: 30 juillet 2026

What does TORIS do?

TORIS is a Private limited company incorporated in 1988. It employs on average 4,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.177.731

Incorporation

07/09/1988

Legal form

Private limited company

Contributed capital

69 347,90 €

Latest accounts

31/12/2025

Average workforce

4,5 ETP

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	1 M €	+4.9%	965,4 k €	+12.2%	860,2 k €	+41.4%	608,4 k €	+7.8%	564,6 k €	+16.2%	486 k €	+48.0%	328,4 k €	+21.6%	270,1 k €	+5.9%	255,2 k €	-14.5%	298,5 k €	+5.7%	282,3 k €	+20.1%	235 k €	-47.9%	451,2 k €	+49.9%	301 k €	+21.4%	248,1 k €	-6.6%	265,7 k €	-20.8%	335,5 k €	+11.1%	301,9 k €	+13.7%	265,5 k €	-6.9%	285,2 k €
EBITDA	608,4 k €	+17.9%	516,1 k €	+21.4%	425,1 k €	+6.9%	397,8 k €	+19.4%	333,1 k €	+2.8%	324,1 k €	+88.4%	172,1 k €	+75.4%	98,1 k €	+12.2%	87,4 k €	-34.4%	133,3 k €	+4.8%	127,1 k €	+73.8%	73,1 k €	-75.7%	300,8 k €	+201%	99,8 k €	+22.3%	81,6 k €	-17.1%	98,3 k €	-9.0%	108,1 k €	-15.6%	128,1 k €	+29.4%	99 k €	-9.7%	109,7 k €
Operating result	601 k €	+18.6%	506,6 k €	+23.5%	410,2 k €	+17.1%	350,2 k €	+24.2%	282,1 k €	+8.9%	259 k €	+147%	104,8 k €	+219%	32,8 k €	+53.4%	21,4 k €	-66.4%	63,7 k €	-11.1%	71,6 k €	+271%	19,3 k €	-89.1%	177,4 k €	+99.0%	89,2 k €	+41.5%	63 k €	+2.4%	61,5 k €	-8.3%	67,1 k €	-25.3%	89,8 k €	+66.6%	53,9 k €	-8.2%	58,7 k €
Net result	431,7 k €	+6.8%	404,4 k €	+36.0%	297,3 k €	+15.0%	258,4 k €	+23.2%	209,7 k €	+9.5%	191,5 k €	+199%	64,1 k €	+377%	13,4 k €	+170%	5 k €	-86.0%	35,5 k €	-11.0%	39,9 k €	+261%	11,1 k €	-93.5%	171,5 k €	+189%	59,4 k €	-12.0%	67,6 k €	+38.1%	48,9 k €	-27.6%	67,6 k €	-22.0%	86,7 k €	+5.9%	81,9 k €	+7.0%	76,6 k €
Balance sheet
Equity	1,9 M €	+29.6%	1,5 M €	+38.4%	1,1 M €	+5.8%	995,7 k €	+55.8%	639,2 k €	+23.1%	519,4 k €	-15.9%	617,9 k €	+11.6%	553,9 k €	-34.1%	840,4 k €	+0.6%	835,5 k €	+4.4%	799,9 k €	+5.3%	760 k €	+1.5%	749 k €	+3.0%	727,4 k €	+8.9%	668 k €	+11.3%	600,4 k €	+8.9%	551,5 k €	+14.0%	483,8 k €	+8.2%	447,1 k €	+13.1%	395,2 k €
Total assets	2,6 M €	+49.0%	1,7 M €	+26.0%	1,4 M €	+12.4%	1,2 M €	+42.0%	865,1 k €	+17.7%	734,7 k €	-8.9%	806,6 k €	-2.1%	823,9 k €	-29.7%	1,2 M €	-6.7%	1,3 M €	+10.7%	1,1 M €	+4.7%	1,1 M €	-13.6%	1,3 M €	+38.5%	905,6 k €	-1.3%	917,1 k €	+2.4%	895,4 k €	+8.5%	825,3 k €	+5.7%	781,1 k €	+11.3%	701,5 k €	-18.5%	860,4 k €
Cash	77,7 k €	-94.4%	1,4 M €	+389%	285,6 k €	-65.1%	818,5 k €	+74.4%	469,4 k €	+64.1%	286 k €	-5.6%	303 k €	+7.4%	282,1 k €	-51.7%	583,4 k €	+2.8%	567,8 k €	+33.8%	424,5 k €	-32.2%	625,8 k €	-27.3%	861 k €	+17.4%	733,1 k €	-11.2%	825,5 k €	+7.4%	768,7 k €	+13.0%	680,6 k €	+6.5%	639,3 k €	+22.5%	522,1 k €	-20.8%	659,5 k €
Debts	592,9 k €	+128%	259,6 k €	-20.8%	327,8 k €	+40.9%	232,7 k €	+4.6%	222,4 k €	+3.3%	215,2 k €	+14.1%	188,7 k €	-30.1%	270,1 k €	-18.6%	331,6 k €	-21.2%	420,8 k €	+25.7%	334,6 k €	+6.5%	314,2 k €	-36.8%	496,8 k €	+247%	143,3 k €	+6.6%	134,4 k €	-27.9%	186,4 k €	+12.4%	165,8 k €	-12.4%	189,3 k €	-15.5%	224 k €	-50.7%	454,5 k €
Other
Workforce	4,5 ETP	-11.8%	5,1 ETP	-12.1%	5,8 ETP	+152%	2,3 ETP	+27.8%	1,8 ETP	0.0%	1,8 ETP	-41.9%	3,1 ETP	-16.2%	3,7 ETP	+60.9%	2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	-25.8%	3,1 ETP	-41.5%	5,3 ETP	-5.4%	5,6 ETP	+47.4%	3,8 ETP	0.0%	3,8 ETP	-5.0%	4,0 ETP	-4.8%	4,2 ETP	-6.7%	4,5 ETP	+7.1%	4,2 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 29 ended

Active mandates

Hillewaere Insurance

Director · since 01 janvier 2026 · 0891.695.561

Represented by Roel Druyts

Active

Ended mandates

Dirk Moens

Director · since 01 janvier 2023

Ended

Matthias De Mesmaeker

Director · since 08 mai 2020 · until 07 mai 2026

Ended

DE BUYSER BEHEER

Managing director · since 01 janvier 2019 · until 31 décembre 2024 · 0893.897.461

Represented by Jean Pierre De Buyser

Ended

Gert De Buyser

Director · since 30 juin 2016 · until 24 juin 2022

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	01/07/2026	23/05/2025	02/04/2024	31/08/2023	25/03/2022	10/08/2021
General meeting	26/06/2026	23/05/2025	22/03/2024	30/06/2023	25/02/2022	25/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	01/07/2026	Dutch	PDF
Abridged model	31/12/2024	23/05/2025	23/05/2025	Dutch	PDF
Abridged model	31/12/2023	22/03/2024	02/04/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	25/02/2022	25/03/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	10/08/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	09/11/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	24/06/2017	01/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	15/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	31/08/2014	Dutch	PDF
Abridged modelCorrection	31/12/2012	28/06/2013	02/12/2013	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	02/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	06/07/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 29 ended

Active mandates

Hillewaere Insurance

Director · since 01 janvier 2026 · 0891.695.561

Represented by Roel Druyts

Active

Ended mandates

Dirk Moens

Director · since 01 janvier 2023

Ended

Matthias De Mesmaeker

Director · since 08 mai 2020 · until 07 mai 2026

Ended

DE BUYSER BEHEER

Managing director · since 01 janvier 2019 · until 31 décembre 2024 · 0893.897.461

Represented by Jean Pierre De Buyser

Ended

Gert De Buyser

Director · since 30 juin 2016 · until 24 juin 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution05/08/2026
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/05/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates22/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/03/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
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 2025431,7 k €↑
2024
Annual accounts 2024404,4 k €↑
2023
Annual accounts 2023297,3 k €↑
2022
Annual accounts 2022258,4 k €↑
2022
Name changeTORIS
2021
Annual accounts 2021209,7 k €↑
2020
Annual accounts 2020191,5 k €↑
2019
Annual accounts 201964,1 k €↑
2018
Annual accounts 201813,4 k €↑
2017
Annual accounts 20175 k €↓
2016
Annual accounts 201635,5 k €↓
2015
Annual accounts 201539,9 k €↑
2014
Annual accounts 201411,1 k €↓
2013
Annual accounts 2013171,5 k €↑
2012
Annual accounts 201259,4 k €↓
2011
Annual accounts 201167,6 k €↑
2010
Annual accounts 201048,9 k €↓
2009
Annual accounts 200967,6 k €↓
2008
Annual accounts 200886,7 k €↑
2007
Annual accounts 200781,9 k €↑
2006
Annual accounts 200676,6 k €
2006
Name changeZAKENKANTOOR DE BUYSER
07/09/1988
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

TORIS

Overview

What does TORIS do?

Trend over 20 financial years

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