ACTIVE

TMF ACCOUNTING SERVICES

Financial year 2025 · closed on 31/12/2025
Net result
386,5 k €
-38.5% YoY
Revenue
3,8 M €
+4.2% YoY
Equity
1,2 M €
+46.1% YoY
Workforce
20,3 ETP
+26.1% YoY

What does TMF ACCOUNTING SERVICES do?

TMF ACCOUNTING SERVICES is a Private limited company incorporated in 1998. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Saint-Josse-ten-Noode. It employs on average 20,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.030.974
Incorporation
25/08/1998
Legal form
Private limited company
Registered office
Boulevard Saint-Lazare 4-10
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
67 650,00 €
Latest accounts
31/12/2025
Average workforce
20,3 ETP
Joint committees (2)
  • 218
  • 336
Contacts
5 public details availableLog in to view
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
Revenue3,8 M €3,7 M €3,4 M €3 M €2,8 M €2,6 M €2,4 M €2,5 M €2,3 M €2,3 M €2,1 M €2,2 M €2,1 M €1,6 M €2,1 M €2,1 M €1,1 M €1,2 M €1,2 M €1,2 M €
EBITDA547 k €730,2 k €829,1 k €355,3 k €399,8 k €424,2 k €257 k €572,7 k €558,4 k €729,5 k €478,1 k €501,6 k €218,5 k €-307,3 k €337,1 k €676,5 k €103,2 k €-18,6 k €49,7 k €97,9 k €
Operating result534,6 k €664,4 k €817,5 k €335,2 k €432,4 k €408,2 k €247,7 k €553 k €528,2 k €717,2 k €411,4 k €494,1 k €271,3 k €-237,7 k €246,1 k €710,5 k €78,7 k €10,9 k €-37,8 k €17,9 k €
Net result386,5 k €628,9 k €593,5 k €230,7 k €298,7 k €291,2 k €145,3 k €386,1 k €333,2 k €461,7 k €255,3 k €349,3 k €254,1 k €-245,9 k €147,1 k €446,4 k €63,8 k €24,8 k €-40,9 k €2 k €
Balance sheet
Equity1,2 M €838,1 k €4 M €3,4 M €3,2 M €2,9 M €2,6 M €2,4 M €2,1 M €1,7 M €1,3 M €1 M €664,2 k €410,1 k €656 k €508,9 k €62,4 k €-1,4 k €-26,2 k €14,7 k €
Total assets2,2 M €1,9 M €4,8 M €4,6 M €5,4 M €4,6 M €3,5 M €2,9 M €3,4 M €2,3 M €1,8 M €2 M €1,7 M €1,2 M €2,2 M €1,5 M €763,6 k €777,4 k €635,7 k €421,1 k €
Cash89,7 k €629,4 k €4,1 M €3,7 M €4,4 M €3,7 M €2,7 M €2,3 M €1,9 M €1,4 M €695,1 k €882,2 k €717 k €158,8 k €888 k €310,1 k €15 k €7,2 k €62,4 k €
Debts968,5 k €1 M €820,4 k €1,1 M €2,2 M €1,7 M €846,7 k €489,5 k €1,3 M €567,7 k €487 k €895,7 k €910,4 k €709,9 k €1,5 M €1 M €689,1 k €771,1 k €661,8 k €404,8 k €
Other
Workforce20,3 ETP16,1 ETP15,6 ETP16,4 ETP16,1 ETP16,1 ETP16,3 ETP15,6 ETP11,6 ETP11,4 ETP10,7 ETP10,7 ETP11,0 ETP12,8 ETP14,1 ETP9,6 ETP6,8 ETP5,1 ETP4,0 ETP4,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 16 ended

Active mandates

Gitte dE BRABANDER

Director · since 16 mars 2026

Active
Hugo VERBIST

Director · since 16 mars 2026 · until 24 avril 2026

Active
Matthieu VINCK

Director · since 16 mars 2026

Active
Thierry LEGRAIN

Director · since 16 mars 2026

Active
Els DE ROO

Director · since 16 janvier 2023 · until 02 avril 2026

Active

Ended mandates

Els DE ROO

Director · since 16 janvier 2023

Ended
Pierre Paul de Schaetzen

Director · since 30 juin 2017

Ended
Pierre Paul de Schaetzen

Manager · since 30 juin 2017

Ended
Pierrepaul dE SCHAETZEN

Director · since 30 juin 2017

Ended
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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 date16/06/202626/05/202501/07/202424/07/202307/12/202212/08/2021
General meeting12/06/202615/05/202528/06/202430/06/202318/11/202206/08/2021
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 model31/12/202512/06/202616/06/2026DutchPDF
Full model31/12/202415/05/202526/05/2025DutchPDF
Full model31/12/202328/06/202401/07/2024DutchPDF
Full model31/12/202230/06/202324/07/2023DutchPDF
Full model31/12/202118/11/202207/12/2022DutchPDF
Full model31/12/202006/08/202112/08/2021DutchPDF
Full model31/12/201907/08/202024/08/2020DutchPDF
Full model31/12/201809/08/201912/08/2019DutchPDF
Full model31/12/201726/09/201826/09/2018DutchPDF
Full model31/12/201630/06/201727/07/2017DutchPDF
Full model31/12/201511/07/201612/07/2016DutchPDF
Full model31/12/201430/06/201514/07/2015DutchPDF
Full model31/12/201317/10/201427/10/2014DutchPDF
Full model31/12/201223/07/201326/07/2013DutchPDF
Full model31/12/201115/05/201227/09/2012DutchPDF
Full model31/12/201030/06/201130/08/2011DutchPDF
Full model31/12/200930/11/201002/12/2010DutchPDF
Full model31/12/200815/05/200929/06/2009DutchPDF
Full model31/12/200719/06/200811/08/2008DutchPDF
Full model31/12/200622/06/200731/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 5 active · 16 ended

Active mandates

Gitte dE BRABANDER

Director · since 16 mars 2026

Active
Hugo VERBIST

Director · since 16 mars 2026 · until 24 avril 2026

Active
Matthieu VINCK

Director · since 16 mars 2026

Active
Thierry LEGRAIN

Director · since 16 mars 2026

Active
Els DE ROO

Director · since 16 janvier 2023 · until 02 avril 2026

Active

Ended mandates

Els DE ROO

Director · since 16 janvier 2023

Ended
Pierre Paul de Schaetzen

Director · since 30 juin 2017

Ended
Pierre Paul de Schaetzen

Manager · since 30 juin 2017

Ended
Pierrepaul dE SCHAETZEN

Director · since 30 juin 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/08/2026
    Ontslag van een bestuurder en benoeming van de commissaris van de
    PDF
  • Other08/04/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/01/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/04/2021
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - 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 2025386,5 k €
  2. 2024
    Annual accounts 2024628,9 k €
  3. 2023
    Annual accounts 2023593,5 k €
  4. 2022
    Annual accounts 2022230,7 k €
  5. 2021
    Annual accounts 2021298,7 k €
  6. 2020
    Annual accounts 2020291,2 k €
  7. 2019
    Annual accounts 2019145,3 k €
  8. 2018
    Annual accounts 2018386,1 k €
  9. 2017
    Annual accounts 2017333,2 k €
  10. 2016
    Annual accounts 2016461,7 k €
  11. 2015
    Annual accounts 2015255,3 k €
  12. 2014
    Annual accounts 2014349,3 k €
  13. 2013
    Annual accounts 2013254,1 k €
  14. 2012
    Annual accounts 2012-245,9 k €
  15. 2011
    Annual accounts 2011147,1 k €
  16. 2010
    Annual accounts 2010446,4 k €
  17. 2009
    Annual accounts 200963,8 k €
  18. 2009
    Name changeTMF Accounting Services
  19. 2008
    Annual accounts 200824,8 k €
  20. 2007
    Annual accounts 2007-40,9 k €
  21. 2006
    Annual accounts 20062 k €
  22. 2006
    Name changeACETEX BELGIUM
  23. 25/08/1998
    IncorporationPrivate limited company