NORMAL SITUATION

TRAMARCO

Financial year 2025 · closed on 31/03/2025
Net result
-34,4 k €
+19.4% YoY
Revenue
1,5 M €
-8.0% YoY
Equity
1,7 M €
-2.0% YoY
Workforce
6,5 ETP
-16.7% YoY

Company — Normal situation.

Strike-off: 08 août 2026

What does TRAMARCO do?

TRAMARCO is a Public limited company incorporated in 1991. It employs on average 6,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.651.760
Incorporation
08/07/1991
Legal form
Public limited company
Contributed capital
1 000 000,00 €
Latest accounts
31/03/2025
Average workforce
6,5 ETP
Joint committees (4)
  • 100
  • 1000
  • 2000
  • 218
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222010200920082007
Income statement
Revenue1,5 M €1,6 M €1,4 M €1,6 M €
EBITDA195,9 k €246,3 k €187 k €276,7 k €135,6 k €156,7 k €191,5 k €240,5 k €
Operating result145,6 k €142,2 k €83,7 k €158,3 k €75,5 k €111,8 k €146,9 k €187,1 k €
Net result-34,4 k €-42,7 k €-55,9 k €-2 k €15,9 k €208,1 k €475,6 k €248,7 k €
Balance sheet
Equity1,7 M €1,7 M €3,4 M €3,5 M €3,1 M €3 M €2,8 M €2,4 M €
Total assets5,3 M €5,2 M €6,5 M €6,7 M €6,6 M €5,6 M €3,9 M €3,7 M €
Cash8,3 k €4,5 k €6,7 k €55,3 k €169,4 k €28,8 k €410,4 k €394,5 k €
Debts3,6 M €3,5 M €3 M €3,2 M €3,4 M €2,4 M €963 k €1,4 M €
Other
Workforce6,5 ETP7,8 ETP9,0 ETP9,8 ETP1,9 ETP1,9 ETP1,9 ETP1,9 ETP
Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 28 ended

Active mandates

BOISSEILLES

Director · since 21 décembre 2023 · until 10 septembre 2029 · 0553.980.757

Represented by Royaux GUY

Active
MERCURALIA

Director · since 21 décembre 2023 · until 10 septembre 2029 · 0553.980.955

Represented by Royaux FABIENNE

Active
ROVER

Director · since 21 décembre 2023 · until 10 septembre 2029 · 0553.981.351

Represented by Paul ROYAUX

Active

Ended mandates

BOISSEILLES

Director · since 13 septembre 2021 · until 14 septembre 2026 · 0553.980.757

Represented by Royaux GUY

Ended
BOISSEILLES

Director · since 13 septembre 2021 · until 14 septembre 2026 · 0553.980.757

Represented by Royaux GUY

Ended
MERCURALIA

Director · since 13 septembre 2021 · until 14 septembre 2026 · 0553.980.955

Represented by Royaux FABIENNE

Ended
MERCURALIA

Director · since 13 septembre 2021 · until 14 septembre 2026 · 0553.980.955

Represented by Royaux FABIENNE

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/10/202528/10/202423/10/202328/10/202228/09/202116/07/2020
General meeting30/09/202526/09/202430/09/202325/10/202213/09/202110/07/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202530/09/202531/10/2025DutchPDF
Full model31/03/202426/09/202428/10/2024DutchPDF
Full model31/03/202330/09/202323/10/2023DutchPDF
Full model31/03/202225/10/202228/10/2022DutchPDF
Full model31/03/202113/09/202128/09/2021DutchPDF
Full model31/03/202010/07/202016/07/2020DutchPDF
Full model31/03/201930/09/201914/11/2019DutchPDF
Full model31/03/201807/09/201828/09/2018DutchPDF
Full model31/03/201723/06/201713/07/2017DutchPDF
Full model31/03/201617/06/201604/07/2016DutchPDF
Full model31/03/201514/09/201508/10/2015DutchPDF
Full model31/03/201408/09/201407/10/2014DutchPDF
Full model31/03/201309/09/201330/10/2013DutchPDF
Full model31/03/201222/10/201229/10/2012DutchPDF
Full model31/03/201115/10/201110/11/2011DutchPDF
Abridged model31/03/201013/09/201011/10/2010DutchPDF
Abridged model31/03/200914/09/200915/10/2009DutchPDF
Abridged model31/03/200808/09/200822/09/2008DutchPDF
Abridged model31/03/200710/09/200711/09/2007DutchPDF
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 31/03/2025 · 3 active · 28 ended

Active mandates

BOISSEILLES

Director · since 21 décembre 2023 · until 10 septembre 2029 · 0553.980.757

Represented by Royaux GUY

Active
MERCURALIA

Director · since 21 décembre 2023 · until 10 septembre 2029 · 0553.980.955

Represented by Royaux FABIENNE

Active
ROVER

Director · since 21 décembre 2023 · until 10 septembre 2029 · 0553.981.351

Represented by Paul ROYAUX

Active

Ended mandates

BOISSEILLES

Director · since 13 septembre 2021 · until 14 septembre 2026 · 0553.980.757

Represented by Royaux GUY

Ended
BOISSEILLES

Director · since 13 septembre 2021 · until 14 septembre 2026 · 0553.980.757

Represented by Royaux GUY

Ended
MERCURALIA

Director · since 13 septembre 2021 · until 14 septembre 2026 · 0553.980.955

Represented by Royaux FABIENNE

Ended
MERCURALIA

Director · since 13 septembre 2021 · until 14 septembre 2026 · 0553.980.955

Represented by Royaux FABIENNE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring17/08/2026
    Met fusie door overneming gelijkgestelde verrichting (overgenomen
    PDF
  • Restructuring12/06/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/11/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/02/2006
    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

Timeline

  1. 2025
    Annual accounts 2025-34,4 k €
  2. 2024
    Annual accounts 2024-42,7 k €
  3. 2023
    Annual accounts 2023-55,9 k €
  4. 2022
    Annual accounts 2022-2 k €
  5. 2010
    Annual accounts 201015,9 k €
  6. 2009
    Annual accounts 2009208,1 k €
  7. 2008
    Annual accounts 2008475,6 k €
  8. 2007
    Annual accounts 2007248,7 k €
  9. 08/07/1991
    IncorporationPublic limited company