ACTIVE

TEFCOLD BE

Financial year 2025 · closed on 30/06/2025
Net result
742,2 k €
+170.6% YoY
Revenue
14,7 M €
+20.9% YoY
Equity
5,6 M €
+15.2% YoY
Workforce
17,9 ETP
-5.3% YoY

What does TEFCOLD BE do?

TEFCOLD BE is a Public limited company incorporated in 1993. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Sint-Truiden. It employs on average 17,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.137.606
Incorporation
19/05/1993
Legal form
Public limited company
Registered office
Lichtenberglaan 1023
3800 Sint-Truiden · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/06/2025
Average workforce
17,9 ETP
Joint committees (3)
  • 14901
  • 200000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue14,7 M €12,1 M €5,2 M €12,1 M €13,7 M €10,6 M €
EBITDA1,1 M €408,2 k €115,4 k €2,6 M €1,9 M €1,7 M €1,1 M €1,3 M €1,3 M €1,4 M €694,3 k €755,2 k €576,3 k €776,7 k €794,6 k €1 M €1,1 M €709,9 k €629,3 k €317,7 k €
Operating result1 M €350,5 k €67 k €2,5 M €1,7 M €1,6 M €1 M €1,2 M €1,2 M €1,3 M €591,4 k €657,3 k €462,3 k €658 k €637,9 k €836,1 k €892,2 k €549,1 k €464,3 k €201,2 k €
Net result742,2 k €274,3 k €164,4 k €1,9 M €1,8 M €1,5 M €952,7 k €971,3 k €1,1 M €966,1 k €525,5 k €384,4 k €246 k €425,7 k €413,4 k €518,7 k €551,1 k €339 k €315,4 k €119,2 k €
Balance sheet
Equity5,6 M €4,9 M €4,6 M €4,5 M €2,6 M €2,6 M €2,5 M €2,5 M €2,2 M €3,4 M €2,9 M €2,4 M €2,1 M €2,2 M €1,8 M €1,9 M €1,6 M €1,1 M €813,9 k €498,7 k €
Total assets7,4 M €6,2 M €6,7 M €7 M €8 M €7,5 M €6,5 M €6,2 M €6,4 M €5 M €3,8 M €4,1 M €3,9 M €3,8 M €3,9 M €4,1 M €3,8 M €3,4 M €3 M €2,4 M €
Cash1,2 M €1,4 M €2 M €1,3 M €2,6 M €2,1 M €1,6 M €1,1 M €1,1 M €1,1 M €444,6 k €531,4 k €482,1 k €845,7 k €342,3 k €753,7 k €813 k €267,5 k €144,7 k €123,3 k €
Debts1,6 M €1,2 M €1,9 M €2,3 M €5,1 M €4,7 M €3,7 M €3,5 M €3,9 M €1,3 M €811,2 k €1,6 M €1,6 M €1,5 M €2,1 M €2,1 M €2,2 M €2,3 M €2,1 M €1,9 M €
Other
Workforce17,9 ETP18,9 ETP14,6 ETP16,4 ETP16,0 ETP15,7 ETP13,9 ETP12,9 ETP12,9 ETP11,9 ETP10,8 ETP9,0 ETP10,0 ETP11,1 ETP11,8 ETP9,6 ETP7,8 ETP5,9 ETP4,0 ETP1,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 15 ended

Active mandates

Henrik Kjaer Christensen

Director · since 26 octobre 2022 · until 26 octobre 2028

Active
Jesper Kirkebij Hansen

Director · since 26 octobre 2022 · until 26 octobre 2028

Active
Torben Lindblad Christensen

Managing director · since 26 octobre 2022 · until 26 octobre 2028

Active

Ended mandates

Torben Lindblad Christensen

Managing director · since 26 octobre 2022

Ended
GIELEN NV

Director · since 01 juin 2018 · until 01 avril 2024

Ended
GIELEN

Mandate · since 27 avril 2018 · until 30 juin 2024 · 0436.860.977

Represented by Marc GIELEN

Ended
GIELEN

Managing director · since 27 avril 2018 · until 30 juin 2024 · 0436.860.977

Represented by Marc Gielen

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/202401/07/202301/01/202301/01/202201/01/202101/01/2020
Closing of the financial year30/06/202530/06/202430/06/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months6 months12 months12 months12 months
Filing date05/01/202630/06/202522/11/202313/06/202325/08/202229/08/2021
General meeting15/12/202513/06/202527/10/202305/06/202329/04/202230/04/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202515/12/202505/01/2026DutchPDF
Full model30/06/202413/06/202530/06/2025DutchPDF
Full model30/06/202327/10/202322/11/2023DutchPDF
Full model31/12/202205/06/202313/06/2023DutchPDF
Full model31/12/202129/04/202225/08/2022DutchPDF
Full model31/12/202030/04/202129/08/2021DutchPDF
Abridged model31/12/201924/04/202030/10/2020DutchPDF
Abridged model31/12/201826/04/201930/09/2019DutchPDF
Abridged model31/12/201727/04/201827/09/2018DutchPDF
Abridged model31/12/201628/04/201731/08/2017DutchPDF
Abridged model31/12/201529/04/201630/09/2016DutchPDF
Abridged model31/12/201424/04/201529/08/2015DutchPDF
Abridged model31/12/201325/04/201402/10/2014DutchPDF
Abridged model31/12/201226/04/201327/08/2013DutchPDF
Abridged model31/12/201127/04/201227/08/2012DutchPDF
Abridged model31/12/201029/04/201131/08/2011DutchPDF
Abridged model31/12/200930/04/201029/10/2010DutchPDF
Abridged model31/12/200824/04/200930/09/2009DutchPDF
Abridged model31/12/200725/04/200828/11/2008DutchPDF
Abridged model31/12/200627/04/200730/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/06/2025 · 3 active · 15 ended

Active mandates

Henrik Kjaer Christensen

Director · since 26 octobre 2022 · until 26 octobre 2028

Active
Jesper Kirkebij Hansen

Director · since 26 octobre 2022 · until 26 octobre 2028

Active
Torben Lindblad Christensen

Managing director · since 26 octobre 2022 · until 26 octobre 2028

Active

Ended mandates

Torben Lindblad Christensen

Managing director · since 26 octobre 2022

Ended
GIELEN NV

Director · since 01 juin 2018 · until 01 avril 2024

Ended
GIELEN

Mandate · since 27 avril 2018 · until 30 juin 2024 · 0436.860.977

Represented by Marc GIELEN

Ended
GIELEN

Managing director · since 27 avril 2018 · until 30 juin 2024 · 0436.860.977

Represented by Marc Gielen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/04/2024
    BENAMING
    PDF
  • Mandates28/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates25/11/2022
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/11/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025742,2 k €
  2. 2024
    Annual accounts 2024274,3 k €
  3. 2024
    Name changeTEFCOLD BE
  4. 2023
    Annual accounts 2023164,4 k €
  5. 2022
    Annual accounts 20221,9 M €
  6. 2021
    Annual accounts 20211,8 M €
  7. 2021
    Name changeTOPCOLD
  8. 2020
    Annual accounts 20201,5 M €
  9. 2019
    Annual accounts 2019952,7 k €
  10. 2018
    Annual accounts 2018971,3 k €
  11. 2017
    Annual accounts 20171,1 M €
  12. 2016
    Annual accounts 2016966,1 k €
  13. 2015
    Annual accounts 2015525,5 k €
  14. 2014
    Annual accounts 2014384,4 k €
  15. 2013
    Annual accounts 2013246 k €
  16. 2012
    Annual accounts 2012425,7 k €
  17. 2011
    Annual accounts 2011413,4 k €
  18. 2010
    Annual accounts 2010518,7 k €
  19. 2009
    Annual accounts 2009551,1 k €
  20. 2008
    Annual accounts 2008339 k €
  21. 2007
    Annual accounts 2007315,4 k €
  22. 2006
    Annual accounts 2006119,2 k €
  23. 19/05/1993
    IncorporationPublic limited company