NORMAL SITUATION

TDM

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Financial year 2026 · closed on 25/02/2026

Net result

-764,7 €

-103.3% YoY

Gross margin

-751,4 €

-102.1% YoY

Equity

-483,3 k €

-1209.9% YoY

Company — Normal situation.

What does TDM do?

TDM is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.655.565

Legal form

Private company with limited liability

Contributed capital

0,00 €

Latest accounts

25/02/2026

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2026		2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-751,4 €	-102%	35,8 k €	-4.6%	37,6 k €	-90.8%	406,6 k €	+413%	79,2 k €	-10.2%	88,2 k €	+252%	-57,9 k €	-201%	57,2 k €	+14.7%	49,9 k €	+5.7%	47,2 k €	+3.0%	45,9 k €	+25.0%	36,7 k €	-25.5%	49,2 k €	+387%	10,1 k €	-79.0%	48,2 k €	+1.6%	47,4 k €	-14.4%	55,4 k €	-14.2%	64,6 k €	+33.3%	48,4 k €	+7.1%	45,2 k €
EBITDA	-758,7 €	-102%	34,4 k €	-5.6%	36,5 k €	-91.0%	402,9 k €	+434%	75,4 k €	-11.2%	85 k €	+82.6%	46,5 k €	-13.8%	54 k €	+15.7%	46,7 k €	+4.4%	44,8 k €	+7.5%	41,6 k €	+27.1%	32,8 k €	-27.7%	45,3 k €	+621%	6,3 k €	-52.6%	13,3 k €	-51.0%	27,1 k €	-40.2%	45,2 k €	+9.4%	41,4 k €	-5.4%	43,7 k €	+17.5%	37,2 k €
Operating result	-758,7 €	-102%	34,4 k €	+0.7%	34,2 k €	-91.4%	399,5 k €	+572%	59,4 k €	-14.1%	69,1 k €	+161%	26,5 k €	-18.2%	32,4 k €	+29.0%	25,1 k €	+14.8%	21,9 k €	+16.6%	18,8 k €	+105%	9,2 k €	-60.0%	22,9 k €	+256%	-14,7 k €	-549%	-2,3 k €	-124%	9,4 k €	-66.5%	27,9 k €	+31.8%	21,2 k €	-25.5%	28,4 k €	+40.1%	20,3 k €
Net result	-764,7 €	-103%	22,8 k €	-0.7%	23 k €	-91.6%	272,7 k €	+652%	36,3 k €	-15.6%	42,9 k €	+152%	17,1 k €	-20.0%	21,3 k €	+48.9%	14,3 k €	+32.4%	10,8 k €	-7.3%	11,7 k €	+1128%	950,2 €	-92.7%	13 k €	+158%	-22,5 k €	-935%	-2,2 k €	-193%	2,3 k €	-92.9%	32,9 k €	+323%	7,8 k €	-35.2%	12 k €	+174%	4,4 k €
Balance sheet
Equity	-483,3 k €	-1210%	43,5 k €	+13.0%	38,5 k €	-92.0%	482,9 k €	+129%	211,1 k €	+20.2%	175,6 k €	+48.7%	118,1 k €	+16.9%	101,1 k €	+26.8%	79,7 k €	+21.9%	65,4 k €	+19.8%	54,6 k €	+27.2%	42,9 k €	+2.3%	42 k €	+45.0%	28,9 k €	-43.8%	51,5 k €	-4.1%	53,7 k €	-44.3%	96,3 k €	+51.8%	63,4 k €	+14.0%	55,7 k €	+27.4%	43,7 k €
Total assets	42,9 k €	-18.3%	52,5 k €	+27.2%	41,3 k €	-91.6%	493,9 k €	+94.4%	254 k €	-0.2%	254,7 k €	+5.4%	241,6 k €	-21.5%	307,8 k €	+2.1%	301,5 k €	-1.1%	304,9 k €	-3.6%	316,1 k €	-3.1%	326,4 k €	-6.8%	350,1 k €	+0.8%	347,3 k €	-3.2%	358,9 k €	-8.6%	392,6 k €	+1.2%	387,9 k €	+5.9%	366,3 k €	+12.7%	325,1 k €	+1.8%	319,3 k €
Cash	42,1 k €	-17.7%	51,1 k €	+69.5%	30,2 k €	+1.3%	29,8 k €	-79.4%	145 k €	-0.1%	145,2 k €	+294%	36,8 k €	-56.6%	84,9 k €	+46.1%	58,1 k €	+8.7%	53,4 k €	+17.3%	45,5 k €	+29.5%	35,2 k €	-22.9%	45,6 k €	-0.4%	45,8 k €	-28.4%	63,9 k €	+54.8%	41,3 k €	-36.6%	65,1 k €	+95.1%	33,4 k €	+13.8%	29,3 k €	+0.3%	29,3 k €
Debts	526,3 k €	+5777%	9 k €	+229%	2,7 k €	-75.2%	11 k €	-74.5%	43 k €	-45.6%	79,1 k €	-36.0%	123,5 k €	+25.1%	98,7 k €	-13.2%	113,7 k €	-13.5%	131,5 k €	-14.4%	153,5 k €	-12.5%	175,5 k €	-12.3%	200,1 k €	-4.8%	210,3 k €	+5.5%	199,4 k €	-23.7%	261,4 k €	+13.7%	229,9 k €	-6.9%	246,9 k €	+6.2%	232,5 k €	-2.8%	239,2 k €

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Philippe Maieur

Director

Active

Ended mandates

Philippe Maieur

Director · since 25 août 1993

Ended

Philippe Maieur

Manager · since 25 août 1993

Ended

PHILIPPE MAIEUR

Manager

Ended

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2026	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021
Closing of the financial year	25/02/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	2 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2026	19/02/2026	18/03/2025	24/05/2024	04/05/2023	20/05/2022
General meeting	–	18/02/2026	12/03/2025	23/05/2024	29/04/2023	03/05/2022
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

33 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	25/02/2026	—	01/07/2026	Dutch	PDF
Micro model	31/12/2025	18/02/2026	19/02/2026	Dutch	PDF
Micro model	31/12/2024	12/03/2025	18/03/2025	Dutch	PDF
Micro model	31/12/2023	23/05/2024	24/05/2024	Dutch	PDF
Micro model	31/12/2022	29/04/2023	04/05/2023	Dutch	PDF
Micro model	31/12/2021	03/05/2022	20/05/2022	Dutch	PDF
Micro model	31/12/2020	28/06/2021	02/07/2021	Dutch	PDF
Micro model	31/12/2019	27/06/2020	06/07/2020	Dutch	PDF
Micro model	31/12/2018	29/06/2019	01/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	04/07/2018	Dutch	PDF
Micro model	31/12/2016	24/06/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	06/07/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	09/07/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	31/07/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/07/2007	22/08/2007	Dutch	PDF
Abridged model	31/12/2005	24/06/2006	13/07/2006	Dutch	PDF
Abridged model	31/12/2004	25/06/2005	18/07/2005	Dutch	PDF
Abridged model	31/12/2003	26/06/2004	05/07/2004	Dutch	PDF

View all 33 filings

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 31/12/2025 · 1 active · 3 ended

Active mandates

Philippe Maieur

Director

Active

Ended mandates

Philippe Maieur

Director · since 25 août 1993

Ended

Philippe Maieur

Manager · since 25 août 1993

Ended

PHILIPPE MAIEUR

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution19/03/2026
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
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

2026
Annual accounts 2026-764,7 €↓
2025
Annual accounts 202522,8 k €↓
2024
Annual accounts 202423 k €↓
2023
Annual accounts 2023272,7 k €↑
2022
Annual accounts 202236,3 k €↓
2021
Annual accounts 202142,9 k €↑
2019
Annual accounts 201917,1 k €↓
2018
Annual accounts 201821,3 k €↑
2017
Annual accounts 201714,3 k €↑
2016
Annual accounts 201610,8 k €↓
2015
Annual accounts 201511,7 k €↑
2014
Annual accounts 2014950,2 €↓
2013
Annual accounts 201313 k €↑
2012
Annual accounts 2012-22,5 k €↓
2011
Annual accounts 2011-2,2 k €↓
2010
Annual accounts 20102,3 k €↓
2009
Annual accounts 200932,9 k €↑
2008
Annual accounts 20087,8 k €↓
2007
Annual accounts 200712 k €↑
2006
Annual accounts 20064,4 k €

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

TDM

Overview

What does TDM do?

Trend over 20 financial years

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