ACTIVE

Tata Consultancy Services Belgium

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Financial year 2026 · Closed on 31/03/2026

Net result4,4 M €+3,3 %over 1 year
Revenue275,8 M €-8,0 %over 1 year
Equity45,7 M €-14,3 %over 1 year
Workforce186,0 ETP-30,9 %over 1 year

Identity

Source · BCE/KBO

Tata Consultancy Services Belgium is a Public limited company incorporated in 1992. Its registered office is in Zaventem. It employs on average 186,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.780.020
Incorporation
26/02/1992
Legal form
Public limited company
Registered office
Lenneke Marelaan 6
1932 Zaventem · FlandreSee on map
Contributed capital
188 658,56 €
Latest accounts
31/03/2026
Average workforce
186,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20262025202420232022
Income statement
Revenue275,8 M €299,8 M €316,5 M €292,2 M €274,1 M €
EBITDA6,2 M €6,1 M €18,5 M €15,1 M €16,8 M €
Operating result5,9 M €5,8 M €17,8 M €13,8 M €15,7 M €
Net result4,4 M €4,2 M €13,3 M €10,4 M €12 M €
Balance sheet
Equity45,7 M €53,3 M €64,1 M €50,8 M €50,4 M €
Total assets121,1 M €102,5 M €133,7 M €118,8 M €96,2 M €
Cash1 M €12,1 M €16,1 M €5,9 M €4,1 M €
Debts74,9 M €48,7 M €69,1 M €67,5 M €45,3 M €
Other
Workforce186,0 ETP269,2 ETP330,9 ETP247,0 ETP162,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 24 ended

Active mandates

Vennimalai RABINDRAN

Director · since 09 juillet 2024 · until 06 août 2030

Active
Jipson MATHEW VARGHESE

Managing director · since 29 juillet 2021 · until 04 août 2026

Active
Sapthagiri CHAPALAPALLI

Managing director · since 29 juillet 2021 · until 04 août 2026

Active

Ended mandates

Pradeep GAITONDE

Director · since 14 juin 2022 · until 09 juillet 2024

Ended
Pradeep GAITONDE

Director · since 14 juin 2022 · until 13 juin 2025

Ended
Ajoyendra MUKHERJEE

Director · since 06 août 2019 · until 29 juillet 2021

Ended
Ajoyendra MUKHERJEE

Director · since 06 août 2019 · until 02 août 2022

Ended

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Full financial information

Source · NBB
202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/08/202626/06/202530/05/202413/06/202317/06/202218/06/2021
General meeting15/07/202602/06/202516/05/202408/06/202314/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202615/07/202617/08/2026DutchPDF
Full model31/03/202502/06/202526/06/2025DutchPDF
Full model31/03/202416/05/202430/05/2024DutchPDF
Full model31/03/202308/06/202313/06/2023DutchPDF
Full model31/03/202214/06/202217/06/2022DutchPDF
Full model31/03/202114/06/202118/06/2021DutchPDF
Full model31/03/202018/06/202029/06/2020DutchPDF
Full model31/03/201931/05/201918/06/2019DutchPDF
Full model31/03/201807/05/201829/05/2018DutchPDF
Full model31/03/201729/09/201703/10/2017DutchPDF
Full model31/03/201620/05/201614/06/2016DutchPDF
Full model31/03/201528/05/201525/06/2015FrenchPDF
Full model31/03/201430/04/201431/07/2014FrenchPDF
Full model31/03/201310/05/201321/06/2013FrenchPDF
Full model31/03/201207/08/201209/10/2012FrenchPDF
Full model31/03/201122/08/201121/10/2011FrenchPDF
Full model31/03/201029/10/201023/12/2010FrenchPDF
Full model31/03/200930/09/200923/12/2009FrenchPDF
Full model31/03/200805/08/200829/10/2008FrenchPDF
Full model31/03/200726/10/200729/04/2008FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/03/2026

3 active · 24 ended

Active mandates

Vennimalai RABINDRAN

Director · since 09 juillet 2024 · until 06 août 2030

Active
Jipson MATHEW VARGHESE

Managing director · since 29 juillet 2021 · until 04 août 2026

Active
Sapthagiri CHAPALAPALLI

Managing director · since 29 juillet 2021 · until 04 août 2026

Active

Ended mandates

Pradeep GAITONDE

Director · since 14 juin 2022 · until 09 juillet 2024

Ended
Pradeep GAITONDE

Director · since 14 juin 2022 · until 13 juin 2025

Ended
Ajoyendra MUKHERJEE

Director · since 06 août 2019 · until 29 juillet 2021

Ended
Ajoyendra MUKHERJEE

Director · since 06 août 2019 · until 02 août 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/08/2026
    Ontslag en benoeming bestuurder - Hernieuwing mandaten bestuurders
    PDF
  • Mandates25/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates27/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2020
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2026
    Annual accounts 20264,4 M €↑
  2. 02/06/2025
    reconductionKPMG Bedrijfsrevisoren BV — commissaris
  3. 01/04/2025
    nominationSteven VANBINNEBEECK — vaste vertegenwoordiger commissaris
  4. 2025
    Annual accounts 20254,2 M €↓
  5. 09/07/2024
    nominationVennimalai RABINDRAN — bestuurder
  6. 2024
    Annual accounts 202413,3 M €↑
  7. 2023
    Annual accounts 202310,4 M €↓
  8. 14/06/2022
    reconductionPradeep GAITONDE — bestuurder
  9. 14/06/2022
    nominationMelissa CARTON — commissaris
  10. 2022
    Annual accounts 202212 M €↓
  11. 2021
    Annual accounts 202118,2 M €↑
  12. 2020
    Annual accounts 202011,5 M €↓
  13. 2019
    Annual accounts 201920 M €↑
  14. 2018
    Annual accounts 20186,5 M €↓
  15. 2017
    Annual accounts 201713,9 M €↑
  16. 2016
    Annual accounts 20166,7 M €↓
  17. 2015
    Annual accounts 20158,6 M €↑
  18. 2014
    Annual accounts 20147,7 M €↑
  19. 2013
    Annual accounts 20136,2 M €↓
  20. 2012
    Annual accounts 20128,6 M €↓
  21. 2011
    Annual accounts 20119 M €
  22. 26/02/1992
    IncorporationPublic limited company