ACTIVE

TARGUS (SA)

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Financial year 2025 · closed on 31/12/2025
Net result
12,6 k €
+28.8% YoY
Gross margin
206,4 k €
+18.0% YoY
Equity
123,4 k €
+11.4% YoY
Workforce
1,0 ETP
0.0% YoY

What does TARGUS do?

TARGUS is a Public limited company incorporated in 1996. Its registered office is in Machelen (Brab.). It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0459.442.577
Incorporation
13/12/1996
Legal form
Public limited company
Registered office
Leonardo da Vincilaan 19
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222018200820072006
Income statement
Gross margin206,4 k €174,9 k €230,4 k €173,5 k €220,8 k €–––
EBITDA11,7 k €16,7 k €20,8 k €14,6 k €21,1 k €33,9 k €32,1 k €29,4 k €
Operating result11,7 k €16,7 k €20,8 k €14,6 k €21,1 k €31,2 k €26,7 k €19 k €
Net result12,6 k €9,8 k €13,6 k €6,8 k €13,8 k €15,6 k €8,9 k €8,9 k €
Balance sheet
Equity123,4 k €110,8 k €101,1 k €87,5 k €272,2 k €165,1 k €149,5 k €140,6 k €
Total assets166,2 k €249,1 k €224,2 k €173,9 k €365 k €220,7 k €1,7 M €1,3 M €
Cash0 €6,6 k €7,6 k €16,2 k €24,2 k €19,1 k €28,7 k €29 k €
Debts30 k €134,5 k €115,7 k €30,4 k €26,8 k €55,6 k €1,5 M €1,1 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP2,0 ETP2,8 ETP3,0 ETP2,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

Angela MARKER SMITH

Director · since 08 septembre 2025

Active
Michael ANDREW WILLIIAMS

Director · since 08 septembre 2025 · until 12 mars 2026

Active
Mikel Williams

Director · since 22 décembre 2023 · until 30 mai 2030

Active
Anna Eileen Murphy

Director · since 31 juillet 2017 · until 08 juillet 2025

Active

Ended mandates

Derek BAKER

Director · since 14 août 2020 · until 23 février 2023

Ended
Derek BAKER

Director · since 14 août 2020 · until 22 décembre 2023

Ended
Anna Eileen MURPHY

Director · since 31 juillet 2017 · until 31 juillet 2023

Ended
Anna Eileen MURPHY

Director · since 31 juillet 2017 · until 25 mai 2029

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date26/06/202615/07/202530/07/202430/05/202322/03/202223/03/2021
General meeting22/06/202630/05/202526/07/202423/02/202324/02/202225/02/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/06/202626/06/2026DutchPDF
Abridged model31/12/202430/05/202515/07/2025DutchPDF
Abridged model31/12/202326/07/202430/07/2024DutchPDF
Abridged model30/09/202223/02/202330/05/2023DutchPDF
Abridged model30/09/202124/02/202222/03/2022DutchPDF
Abridged model30/09/202025/02/202123/03/2021DutchPDF
Abridged model30/09/201931/03/202030/04/2020DutchPDF
Abridged model30/09/201828/02/201907/03/2019DutchPDF
Abridged model30/09/201722/02/201816/08/2018DutchPDF
Abridged model30/09/201623/02/201702/03/2017DutchPDF
Abridged model30/09/201426/02/201503/03/2015DutchPDF
Abridged model30/09/201327/02/201403/03/2014DutchPDF
Abridged model30/09/201231/03/201308/04/2013DutchPDF
Abridged model30/09/201131/03/201223/04/2012DutchPDF
Abridged model30/09/201024/02/201125/02/2011DutchPDF
Abridged model30/09/200925/02/201011/03/2010DutchPDF
Full model30/09/200826/02/200931/03/2009DutchPDF
Full model30/09/200728/02/200814/05/2008DutchPDF
Full model30/09/200615/03/200713/04/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

Angela MARKER SMITH

Director · since 08 septembre 2025

Active
Michael ANDREW WILLIIAMS

Director · since 08 septembre 2025 · until 12 mars 2026

Active
Mikel Williams

Director · since 22 décembre 2023 · until 30 mai 2030

Active
Anna Eileen Murphy

Director · since 31 juillet 2017 · until 08 juillet 2025

Active

Ended mandates

Derek BAKER

Director · since 14 août 2020 · until 23 février 2023

Ended
Derek BAKER

Director · since 14 août 2020 · until 22 décembre 2023

Ended
Anna Eileen MURPHY

Director · since 31 juillet 2017 · until 31 juillet 2023

Ended
Anna Eileen MURPHY

Director · since 31 juillet 2017 · until 25 mai 2029

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates10/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2018
    DEMISSIONS, NOMINATIONS
    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 202512,6 k €↑
  2. 2024
    Annual accounts 20249,8 k €↓
  3. 2023
    Annual accounts 202313,6 k €↑
  4. 2022
    Annual accounts 20226,8 k €↓
  5. 2018
    Annual accounts 201813,8 k €↓
  6. 2008
    Annual accounts 200815,6 k €↑
  7. 2007
    Annual accounts 20078,9 k €↑
  8. 2006
    Annual accounts 20068,9 k €
  9. 13/12/1996
    IncorporationPublic limited company