ACTIVE

TRIANGLE ARCHITECTES

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Financial year 2025 · closed on 31/12/2025

Net result

105,7 k €

+8.2% YoY

Gross margin

152,9 k €

+10.6% YoY

Equity

141,6 k €

-10.5% YoY

What does TRIANGLE ARCHITECTES do?

TRIANGLE ARCHITECTES is a Private limited company incorporated in 1989. Its main activity is: Architectural activities. Its registered office is in Liège.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.177.891

Incorporation

01/12/1989

Legal form

Private limited company

Registered office

Avenue des Platanes 34
4000 Liège · WallonieSee on map

Contributed capital

6 453,22 €

Latest accounts

31/12/2025

Activities (NACE)

71111Architectural activities· main 71111Architectural activities 74201Photographic activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	152,9 k €	+10.6%	138,2 k €	-30.7%	199,2 k €	+118%	91,2 k €	+150%	36,5 k €	-35.4%	56,6 k €	+1711%	3,1 k €	+124%	-13,3 k €	-365%	5 k €	+135%	-14,2 k €	+71.8%	-50,3 k €	-628%	9,5 k €	-94.6%	178,2 k €	+3721%	4,7 k €	-71.0%	16,1 k €	-68.2%	50,4 k €	-34.0%	76,4 k €	+578%	11,3 k €	-61.2%	29 k €	-67.1%	88,1 k €
EBITDA	152 k €	+10.5%	137,5 k €	-30.7%	198,3 k €	+118%	90,8 k €	+161%	34,8 k €	-37.9%	56 k €	+2139%	2,5 k €	+118%	-14,2 k €	-425%	4,4 k €	+129%	-14,9 k €	+70.7%	-50,8 k €	-674%	8,8 k €	-95.0%	177,5 k €	+4373%	4 k €	-74.5%	15,6 k €	-68.8%	50 k €	-33.9%	75,6 k €	+611%	10,6 k €	-62.3%	28,2 k €	-67.7%	87,4 k €
Operating result	146,1 k €	+11.4%	131,2 k €	-31.5%	191,6 k €	+118%	88 k €	+162%	33,6 k €	-38.6%	54,6 k €	+4444%	1,2 k €	+108%	-15,8 k €	-595%	3,2 k €	+118%	-18 k €	+67.3%	-55,2 k €	-1648%	3,6 k €	-97.9%	173,1 k €	+17002%	1 k €	-92.2%	13 k €	-72.2%	46,5 k €	-34.3%	70,8 k €	+985%	6,5 k €	-72.1%	23,4 k €	-72.1%	84 k €
Net result	105,7 k €	+8.2%	97,7 k €	-31.2%	142 k €	+125%	63,3 k €	+115%	29,4 k €	-44.8%	53,3 k €	+10019%	526,6 €	+103%	-16,3 k €	-849%	2,2 k €	+112%	-18,8 k €	+66.5%	-56,1 k €	-2245%	2,6 k €	-97.7%	113,7 k €	+32723%	346,3 €	-96.4%	9,6 k €	-70.5%	32,7 k €	-33.5%	49,2 k €	+672%	6,4 k €	-66.5%	19 k €	-66.7%	57 k €
Balance sheet
Equity	141,6 k €	-10.5%	158,1 k €	+34.5%	117,5 k €	-37.6%	188,4 k €	+50.5%	125,1 k €	+30.7%	95,7 k €	+126%	42,4 k €	+1.3%	41,9 k €	-28.0%	58,2 k €	+3.9%	56 k €	-25.1%	74,8 k €	-42.9%	131 k €	+2.0%	128,3 k €	-5.9%	136,4 k €	+0.3%	136,1 k €	+7.6%	126,5 k €	+34.8%	93,8 k €	+110%	44,6 k €	+16.6%	38,3 k €	+98.6%	19,3 k €
Total assets	232 k €	-13.7%	268,9 k €	+6.9%	251,5 k €	+17.1%	214,8 k €	+47.7%	145,4 k €	+22.5%	118,7 k €	+115%	55,2 k €	-1.1%	55,8 k €	-53.8%	120,9 k €	-8.4%	132 k €	-30.7%	190,4 k €	-19.5%	236,5 k €	-13.3%	272,8 k €	+64.4%	165,9 k €	-3.8%	172,4 k €	+5.9%	162,7 k €	-31.1%	236,2 k €	+9.5%	215,8 k €	-9.3%	237,8 k €	-28.9%	334,5 k €
Cash	82,4 k €	-63.0%	222,9 k €	+0.4%	222,1 k €	+24.1%	179 k €	+82.1%	98,3 k €	-4.1%	102,5 k €	+4717%	2,1 k €	-71.3%	7,4 k €	+114%	3,5 k €	-56.4%	7,9 k €	+61.7%	4,9 k €	-53.0%	10,4 k €	-90.4%	109 k €	+3298%	3,2 k €	+150%	1,3 k €	-11.2%	1,4 k €	+39.1%	1 k €	-88.2%	8,8 k €	+525%	1,4 k €	-26.9%	1,9 k €
Debts	89,8 k €	+34.3%	66,9 k €	-46.8%	125,7 k €	+470%	22,1 k €	+23.0%	17,9 k €	-8.1%	19,5 k €	+52.9%	12,8 k €	-5.2%	13,5 k €	-78.3%	62,2 k €	-17.0%	75 k €	-35.1%	115,5 k €	+9.5%	105,5 k €	-26.7%	144 k €	+391%	29,3 k €	-18.1%	35,8 k €	-1.2%	36,3 k €	-74.5%	142,3 k €	-16.7%	170,8 k €	-14.3%	199,4 k €	-36.7%	315,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 13 ended

Active mandates

Fabian GERARDY

Director

Active

Pascal JACQUES

Director

Active

Ended mandates

Fabian GERARDY

Director · since 09 mars 2018 · until 03 juin 2024

Ended

Pascal JACQUES

Director · since 09 mars 2018 · until 03 juin 2024

Ended

Thierry MOXHET

Director · since 09 mars 2018 · until 03 juin 2024

Ended

Fabian GERARDY

Director · since 26 mars 2012 · until 04 juin 2018

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	03/06/2026	02/06/2025	05/06/2024	06/06/2023	01/08/2022	09/06/2021
General meeting	01/06/2026	24/02/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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
Micro model	31/12/2025	01/06/2026	03/06/2026	French	PDF
Micro model	31/12/2024	24/02/2025	02/06/2025	French	PDF
Micro model	31/12/2023	03/06/2024	05/06/2024	French	PDF
Micro model	31/12/2022	05/06/2023	06/06/2023	French	PDF
Micro model	31/12/2021	07/06/2022	01/08/2022	French	PDF
Micro model	31/12/2020	07/06/2021	09/06/2021	French	PDF
Micro model	31/12/2019	02/06/2020	15/06/2020	French	PDF
Micro model	31/12/2018	03/06/2019	08/08/2019	French	PDF
Micro model	31/12/2017	04/06/2018	20/06/2018	French	PDF
Micro model	31/12/2016	06/06/2017	13/06/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	15/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	30/07/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	26/06/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	14/06/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	07/06/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	02/06/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	04/06/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	13/06/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 13 ended

Active mandates

Fabian GERARDY

Director

Active

Pascal JACQUES

Director

Active

Ended mandates

Fabian GERARDY

Director · since 09 mars 2018 · until 03 juin 2024

Ended

Pascal JACQUES

Director · since 09 mars 2018 · until 03 juin 2024

Ended

Thierry MOXHET

Director · since 09 mars 2018 · until 03 juin 2024

Ended

Fabian GERARDY

Director · since 26 mars 2012 · until 04 juin 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/06/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION
PDF
Registered office28/12/2020
SIEGE SOCIAL
PDF
Mandates06/04/2018
DEMISSIONS, NOMINATIONS
PDF
Capital / shares22/01/2014
CAPITAL, ACTIONS
PDF
Mandates06/06/2012
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates28/12/2009
DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates17/10/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates19/11/2007
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 2025105,7 k €↑
2024
Annual accounts 202497,7 k €↓
2023
Annual accounts 2023142 k €↑
2022
Annual accounts 202263,3 k €↑
2021
Annual accounts 202129,4 k €↓
2020
Annual accounts 202053,3 k €↑
2019
Annual accounts 2019526,6 €↑
2018
Annual accounts 2018-16,3 k €↓
2017
Annual accounts 20172,2 k €↑
2016
Annual accounts 2016-18,8 k €↑
2015
Annual accounts 2015-56,1 k €↓
2014
Annual accounts 20142,6 k €↓
2013
Annual accounts 2013113,7 k €↑
2012
Annual accounts 2012346,3 €↓
2011
Annual accounts 20119,6 k €↓
2010
Annual accounts 201032,7 k €↓
2009
Annual accounts 200949,2 k €↑
2008
Annual accounts 20086,4 k €↓
2007
Annual accounts 200719 k €↓
2006
Annual accounts 200657 k €
01/12/1989
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

TRIANGLE ARCHITECTES

Overview

What does TRIANGLE ARCHITECTES 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