ACTIVE

TBL MANAGEMENT

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Financial year 2025 · closed on 31/12/2025

Net result

-19,9 k €

-109.6% YoY

Gross margin

-26 k €

-107.4% YoY

Equity

1,4 M €

-1.5% YoY

What does TBL MANAGEMENT do?

TBL MANAGEMENT is a Public limited company incorporated in 1996. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Wommelgem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.560.372

Incorporation

25/06/1996

Legal form

Public limited company

Registered office

Nijverheidsstraat 70
2160 Wommelgem · FlandreSee on map

Contributed capital

80 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

82990Other business support service activities n.e.c.· main 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft 47789Other retail sale of new goods in specialised stores 47920Retail trade not in stores, stalls or markets 77340Rental and leasing of water transport equipment

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-26 k €	-107%	349,8 k €	-69.7%	1,2 M €	-9.1%	1,3 M €	+6383%	19,6 k €	-92.3%	255,5 k €	+210%	82,5 k €	+252%	-54,4 k €	-221%	45 k €	-78.3%	207,6 k €	+371%	-76,7 k €	-296%	39,1 k €	-71.0%	134,9 k €	-30.7%	194,7 k €	-15.9%	231,7 k €	-61.1%	595,8 k €	-21.9%	762,8 k €
EBITDA	-30,1 k €	-109%	347,4 k €	-69.8%	1,2 M €	-9.1%	1,3 M €	+181%	-1,6 M €	-714%	253,9 k €	+253%	72 k €	+225%	-57,5 k €	-291%	30,2 k €	-82.0%	167,7 k €	+286%	-90,4 k €	-102%	-44,8 k €	-191%	49,3 k €	-5.3%	52 k €	+167%	-77,3 k €	-175%	103,1 k €	-56.5%	236,9 k €
Operating result	-4,2 k €	-101%	290,9 k €	-74.4%	1,1 M €	-10.1%	1,3 M €	+6983%	17,9 k €	-89.2%	165,7 k €	+164%	62,8 k €	+177%	-82,1 k €	-5387%	-1,5 k €	-101%	137,7 k €	+209%	-126,2 k €	+85.2%	-855,6 k €	-35828%	2,4 k €	+109%	-26,2 k €	+82.3%	-148,5 k €	-392%	50,8 k €	-62.6%	135,7 k €
Net result	-19,9 k €	-110%	208 k €	-73.8%	794,9 k €	-32.9%	1,2 M €	+13294%	8,8 k €	-94.6%	162,9 k €	+195%	55,3 k €	+14387%	381,5 €	+101%	-26 k €	-125%	104,8 k €	+168%	-154,5 k €	+82.6%	-885,7 k €	-12762%	7 k €	+118%	-39 k €	+67.1%	-118,7 k €	-436%	35,3 k €	-66.0%	104,1 k €
Balance sheet
Equity	1,4 M €	-1.5%	1,4 M €	+17.9%	1,2 M €	+215%	368,9 k €	+334%	85 k €	-59.9%	212 k €	+332%	49,1 k €	+896%	-6,2 k €	+5.8%	-6,5 k €	-134%	19,4 k €	+123%	-85,4 k €	-223%	69,2 k €	-92.8%	954,9 k €	+0.7%	947,9 k €	-4.0%	986,9 k €	-10.7%	1,1 M €	+0.5%	1,1 M €
Total assets	1,5 M €	-1.2%	1,5 M €	-18.1%	1,9 M €	-78.1%	8,6 M €	+61.5%	5,3 M €	+1547%	322,9 k €	-90.7%	3,5 M €	+277%	916,2 k €	+2.1%	897,1 k €	+0.5%	892,8 k €	-0.2%	894,4 k €	-20.2%	1,1 M €	-44.0%	2 M €	+18.3%	1,7 M €	-5.1%	1,8 M €	-1.5%	1,8 M €	-6.9%	1,9 M €
Cash	9,4 k €	-69.0%	30,3 k €	-95.7%	699 k €	-69.4%	2,3 M €	+184%	805,2 k €	+1465%	51,5 k €	-82.6%	295 k €	+2.6%	287,5 k €	+1612%	16,8 k €	-54.1%	36,6 k €	+259%	10,2 k €	-7.8%	11,1 k €	-71.5%	38,8 k €	+685%	4,9 k €	-88.3%	42,4 k €	-35.1%	65,3 k €	-79.6%	320,6 k €
Debts	168,4 k €	+0.8%	167 k €	-76.7%	716 k €	-91.3%	8,2 M €	+57.1%	5,2 M €	+4620%	110,9 k €	-96.7%	3,4 M €	+270%	922,3 k €	+2.1%	903,7 k €	+3.5%	873,4 k €	-10.9%	979,7 k €	-6.8%	1,1 M €	+0.5%	1 M €	+40.7%	743,6 k €	-6.6%	796,1 k €	+12.9%	705,4 k €	-16.6%	845,7 k €
Other
Workforce	–		–		–		0,0 ETP		–		–		–		–		–		0,4 ETP	-33.3%	0,6 ETP	-50.0%	1,2 ETP	-25.0%	1,6 ETP	-40.7%	2,7 ETP	-49.1%	5,3 ETP	-39.1%	8,7 ETP	-14.7%	10,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 20 ended

Active mandates

Tonny Burie

Director · since 18 mars 2022 · until 18 mars 2028

Active

Ended mandates

Tonny Burie

Managing director · since 18 mars 2022 · until 18 mars 2028

Ended

Kevin Burie

Director · since 30 mars 2021

Ended

Tonny Burie

Director · since 30 mars 2021 · until 30 mars 2027

Ended

Linda Merckaert

Director · since 26 avril 2014

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Abridged model	Micro model	Micro 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	07/08/2026	30/06/2025	05/07/2024	25/07/2023	24/06/2022	12/08/2021
General meeting	06/08/2026	30/06/2025	05/07/2024	28/03/2023	30/03/2022	30/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/08/2026	07/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	05/07/2024	05/07/2024	Dutch	PDF
Abridged model	31/12/2022	28/03/2023	25/07/2023	Dutch	PDF
Micro model	31/12/2021	30/03/2022	24/06/2022	Dutch	PDF
Micro model	31/12/2020	30/03/2021	12/08/2021	Dutch	PDF
Micro model	31/12/2019	30/03/2020	08/07/2020	Dutch	PDF
Micro model	31/12/2018	30/03/2019	05/09/2019	Dutch	PDF
Abridged model	31/12/2017	12/06/2018	06/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	25/09/2017	Dutch	PDF
Abridged model	31/12/2015	29/03/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	31/03/2015	13/08/2015	Dutch	PDF
Abridged model	31/12/2013	31/03/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/03/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	24/05/2011	06/06/2011	Dutch	PDF
Abridged model	31/12/2009	30/03/2010	21/04/2010	Dutch	PDF
Abridged model	31/12/2008	21/04/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	15/04/2008	17/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/03/2007	20/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 20 ended

Active mandates

Tonny Burie

Director · since 18 mars 2022 · until 18 mars 2028

Active

Ended mandates

Tonny Burie

Managing director · since 18 mars 2022 · until 18 mars 2028

Ended

Kevin Burie

Director · since 30 mars 2021

Ended

Tonny Burie

Director · since 30 mars 2021 · until 30 mars 2027

Ended

Linda Merckaert

Director · since 26 avril 2014

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/03/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office17/01/2020
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Registered office29/12/2017
MAATSCHAPPELIJKE ZETEL
PDF
Registered office09/02/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/11/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/05/2012
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

2025
Annual accounts 2025-19,9 k €↓
2024
Annual accounts 2024208 k €↓
2023
Annual accounts 2023794,9 k €↓
2022
Annual accounts 20221,2 M €↑
2021
Annual accounts 20218,8 k €↓
2018
Annual accounts 2018162,9 k €↑
2017
Annual accounts 201755,3 k €↑
2016
Annual accounts 2016381,5 €↑
2015
Annual accounts 2015-26 k €↓
2014
Annual accounts 2014104,8 k €↑
2013
Annual accounts 2013-154,5 k €↑
2012
Annual accounts 2012-885,7 k €↓
2011
Annual accounts 20117 k €↑
2010
Annual accounts 2010-39 k €↑
2009
Annual accounts 2009-118,7 k €↓
2008
Annual accounts 200835,3 k €↓
2007
Annual accounts 2007104,1 k €
25/06/1996
IncorporationPublic limited company

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

TBL MANAGEMENT

Overview

What does TBL MANAGEMENT do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

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