ACTIVE

TRBA

Financial year 2025 · closed on 31/12/2025
Net result
3,7 M €
+37.2% YoY
Revenue
181,5 M €
+26.9% YoY
Equity
32,8 M €
+12.5% YoY
Workforce
450,6 ETP
+8.1% YoY

What does TRBA do?

TRBA is a Public limited company incorporated in 1998. Its main activity is: Manufacture of ready-mixed concrete. Its registered office is in Péruwelz. It employs on average 450,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.933.191
Incorporation
31/03/1998
Legal form
Public limited company
Registered office
Rue de l'Europe(PER) 6
7600 Péruwelz · WallonieSee on map
Contributed capital
7 000 000,00 €
Latest accounts
31/12/2025
Average workforce
450,6 ETP
Joint committees (2)
  • 124
  • 218
Contacts
4 public details availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212007
Income statement
Revenue181,5 M €143 M €121,1 M €94,9 M €98,5 M €10,4 M €
EBITDA15 M €12,2 M €9 M €6,9 M €8,2 M €1,1 M €
Operating result6,8 M €5,1 M €3,3 M €1,7 M €3,2 M €374,3 k €
Net result3,7 M €2,7 M €1,6 M €879,2 k €2 M €241,4 k €
Balance sheet
Equity32,8 M €29,1 M €26,5 M €24,9 M €24 M €1,8 M €
Total assets129,8 M €127 M €102 M €80,3 M €80,7 M €12,6 M €
Cash0 €875 k €66,5 k €1,3 M €3,5 M €212,4 k €
Debts96,6 M €97,4 M €75,1 M €54,9 M €56,6 M €10,8 M €
Other
Workforce450,6 ETP417,0 ETP383,4 ETP343,5 ETP323,1 ETP67,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 29 ended

Active mandates

GSD Invests

Managing director · since 02 février 2024 · until 25 mai 2029 · 0448.574.817

Represented by Pierre STADSBADER

Active
Mista

Managing director · since 02 février 2024 · until 25 mai 2029 · 0822.720.148

Represented by Michèle STADSBADER

Active

Ended mandates

GSD Invests

Managing director · since 30 juin 2021 · until 29 mai 2026 · 0448.574.817

Represented by Stadsbader PIERRE

Ended
GSD Invests

Managing director · since 30 juin 2021 · until 25 mai 2029 · 0448.574.817

Represented by Pierre STADSBADER

Ended
Mista

Managing director · since 30 juin 2021 · until 29 mai 2026 · 0822.720.148

Represented by Stadsbader MICHÈLE

Ended
Mista

Managing director · since 30 juin 2021 · until 25 mai 2029 · 0822.720.148

Represented by Michèle STADSBADER

Ended
At this address

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SSM TRBA - DGCActive
0783.788.209
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202611/07/202510/07/202411/07/202312/07/202209/07/2021
General meeting15/07/202610/07/202503/07/202430/06/202330/06/202230/06/2021
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
Full model31/12/202515/07/202617/07/2026FrenchPDF
Full model31/12/202410/07/202511/07/2025FrenchPDF
Full model31/12/202303/07/202410/07/2024FrenchPDF
Full model31/12/202230/06/202311/07/2023FrenchPDF
Full model31/12/202130/06/202212/07/2022FrenchPDF
Full model31/12/202030/06/202109/07/2021FrenchPDF
Full model31/12/201926/06/202009/07/2020FrenchPDF
Full model31/12/201828/06/201905/07/2019FrenchPDF
Full model31/12/201715/06/201805/07/2018FrenchPDF
Full model31/12/201616/06/201704/07/2017FrenchPDF
Full model30/06/201516/12/201518/12/2015FrenchPDF
Full model30/06/201418/12/201419/12/2014FrenchPDF
Full model30/06/201319/12/201320/12/2013FrenchPDF
Full model30/06/201219/12/201221/12/2012FrenchPDF
Full model30/06/201119/12/201121/12/2011FrenchPDF
Full model30/06/201020/12/201021/12/2010FrenchPDF
Full model30/06/200918/12/200921/12/2009FrenchPDF
Full model30/06/200819/12/200819/12/2008FrenchPDF
Full model30/06/200730/11/200721/12/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 2 active · 29 ended

Active mandates

GSD Invests

Managing director · since 02 février 2024 · until 25 mai 2029 · 0448.574.817

Represented by Pierre STADSBADER

Active
Mista

Managing director · since 02 février 2024 · until 25 mai 2029 · 0822.720.148

Represented by Michèle STADSBADER

Active

Ended mandates

GSD Invests

Managing director · since 30 juin 2021 · until 29 mai 2026 · 0448.574.817

Represented by Stadsbader PIERRE

Ended
GSD Invests

Managing director · since 30 juin 2021 · until 25 mai 2029 · 0448.574.817

Represented by Pierre STADSBADER

Ended
Mista

Managing director · since 30 juin 2021 · until 29 mai 2026 · 0822.720.148

Represented by Stadsbader MICHÈLE

Ended
Mista

Managing director · since 30 juin 2021 · until 25 mai 2029 · 0822.720.148

Represented by Michèle STADSBADER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/09/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/07/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/11/2019
    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. 01/04/2026
    nominationJérôme HURTEUX — mandat spécial
  2. 2025
    Annual accounts 20253,7 M €
  3. 10/07/2025
    reconductionSA CALLENS VANDELANOTTE — commissaire
  4. 2024
    Annual accounts 20242,7 M €
  5. 2023
    Annual accounts 20231,6 M €
  6. 2022
    Annual accounts 2022879,2 k €
  7. 30/06/2022
    reconductionSCRL VANDELANOTTE REVISEURS ENTREPRISES — commissaire
  8. 2021
    Annual accounts 20212 M €
  9. 2007
    Annual accounts 2007241,4 k €
  10. 31/03/1998
    IncorporationPublic limited company