ACTIVE

TM MONTAGE

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Financial year 2025 · Closed on 31/12/2025

Net result162,6 k €+1 877,2 %over 1 year

Gross margin1,5 M €+0,3 %over 1 year

Equity227,9 k €+463,6 %over 1 year

Workforce22,3 ETP-3,0 %over 1 year

Identity

Source · BCE/KBO

TM MONTAGE is a Public limited company incorporated in 1991. Its main activity is: Manufacture of agricultural and forestry machinery. Its registered office is in Seraing. It employs on average 22,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0444.816.462
Incorporation: 31/07/1991
Legal form: Public limited company
Registered office: Rue Puits-Marie 85 box A
4100 Seraing · WallonieSee on map
Contributed capital: 190 000,00 €
Latest accounts: 31/12/2025
Average workforce: 22,3 ETP

Activities (NACE)

28300Manufacture of agricultural and forestry machinery· main 28520Manufacture of machinery and equipment n.e.c.33110Repair of fabricated metal products 33110Repair of fabricated metal products 33190Repair of other equipment 33190Repair of other equipment+8

Joint committees (2)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,5 M €	+0.3%	1,5 M €	+13.0%	1,3 M €	+16.7%	1,2 M €	+17.1%	983,5 k €
EBITDA	211,3 k €	+217%	66,7 k €	-27.3%	91,8 k €	+96.8%	46,6 k €	+128%	-166,7 k €
Operating result	189,1 k €	+211%	60,9 k €	-30.5%	87,6 k €	+110%	41,7 k €	+124%	-175 k €
Net result	162,6 k €	+1877%	8,2 k €	-86.2%	59,7 k €	+109%	28,6 k €	+114%	-206 k €
Balance sheet
Equity	227,9 k €	+464%	-62,7 k €	+11.6%	-70,9 k €	+55.8%	-160,6 k €	+15.1%	-189,2 k €
Total assets	1,2 M €	+25.9%	981,1 k €	+13.2%	866,5 k €	+21.3%	714,4 k €	-0.5%	718,3 k €
Cash	26,3 k €	+92.6%	13,7 k €	+67.6%	8,2 k €	-28.0%	11,3 k €	+11.7%	10,1 k €
Debts	1 M €	+11.2%	905,5 k €	-3.1%	934,4 k €	+13.9%	820 k €	-3.8%	852,6 k €
Other
Workforce	22,3 ETP	-3.0%	23,0 ETP	-0.4%	23,1 ETP	+9.0%	21,2 ETP	-17.8%	25,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period
CoPréFo0543.681.634Represented by HERVE LALLEMAND	Directorsince 01/07/2021

Ended mandates

Director	Mandates in this company	Period
VIVIENNE LAMBREGHS	Managing director26/10/2015 → 2020 accounts
JEROME COCHOUL	Director2017 accounts
Viviane LAMBREGHS	Mandate2008 accounts
VIVIENNE LAMBRECHTS	Mandate2012 accounts

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	19/02/2026	25/02/2025	11/03/2024	20/03/2023	30/06/2022	09/06/2021
General meeting	18/02/2026	19/02/2025	16/02/2024	14/03/2023	23/06/2022	04/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/02/2026	19/02/2026	French	PDF
Abridged model	31/12/2024	19/02/2025	25/02/2025	French	PDF
Abridged model	31/12/2023	16/02/2024	11/03/2024	French	PDF
Abridged model	31/12/2022	14/03/2023	20/03/2023	French	PDF
Abridged model	31/12/2021	23/06/2022	30/06/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	09/06/2021	French	PDF
Abridged model	31/12/2019	12/05/2020	25/05/2020	French	PDF
Abridged model	31/12/2018	12/04/2019	19/04/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	01/06/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	07/06/2017	French	PDF
Abridged model	31/12/2015	29/02/2016	01/03/2016	French	PDF
Abridged model	31/12/2014	05/03/2015	12/03/2015	French	PDF
Abridged model	31/12/2013	26/05/2014	13/06/2014	French	PDF
Abridged model	31/12/2012	05/07/2013	08/07/2013	French	PDF
Abridged model	31/12/2011	08/02/2012	05/03/2012	French	PDF
Abridged model	31/12/2010	26/02/2011	28/02/2011	French	PDF
Abridged model	31/12/2009	12/02/2010	23/02/2010	French	PDF
Abridged modelCorrection	31/12/2008	24/11/2009	15/12/2009	French	PDF
Abridged model	31/12/2008	16/03/2009	03/06/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	03/07/2008	French	PDF
Abridged model	31/12/2006	25/05/2007	16/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period
CoPréFo0543.681.634Represented by HERVE LALLEMAND	Directorsince 01/07/2021

Ended mandates

Director	Mandates in this company	Period
VIVIENNE LAMBREGHS	Managing director26/10/2015 → 2020 accounts
JEROME COCHOUL	Director2017 accounts
Viviane LAMBREGHS	Mandate2008 accounts
VIVIENNE LAMBRECHTS	Mandate2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares06/06/2025
CAPITAL, ACTIONS
PDF
Mandates16/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates23/10/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates25/11/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates13/04/2015
OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates23/01/2012
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Registered office16/02/2011
Modification du siège social
PDF
Other24/07/2009
0444.816.462.
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

Filings20 filings

Mandates

CoPréFo

VIVIENNE LAMBREGHS

Viviane LAMBREGHS

Vivienne LAMBREGHTS

VIVIENNE LAMBRECHTS

JEROME COCHOUL

199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

TM MONTAGE

Rue Puits-Marie 85 bte A, 4100 Seraing

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Puits-Marie 85 bte A, 4100 SeraingCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00040614

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TM MONTAGECurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00040614

Events

2025
Annual accounts 2025162,6 k €↑
2024
Annual accounts 20248,2 k €↓
2023
Annual accounts 202359,7 k €↑
2022
Annual accounts 202228,6 k €↑
2021
Annual accounts 2021-206 k €↑
2020
Annual accounts 2020-376,4 k €↓
2019
Annual accounts 201914,6 k €↓
2018
Annual accounts 201826,2 k €↑
2017
Annual accounts 201721,1 k €↑
2016
Annual accounts 20162,9 k €↑
2015
Annual accounts 2015-5 k €↓
2014
Annual accounts 201430,8 k €↑
2013
Annual accounts 20132,9 k €↓
2012
Annual accounts 201237,1 k €↑
2011
Annual accounts 201110,6 k €↑
2010
Annual accounts 20107,3 k €↓
2009
Annual accounts 200954,1 k €↑
2008
Annual accounts 2008-54,5 k €↓
2007
Annual accounts 2007-15,9 k €↓
2006
Annual accounts 20066,8 k €
31/07/1991
IncorporationPublic limited company

TM MONTAGE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events