ACTIVE

TVM solutions

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Financial year 2025 · closed on 31/12/2025

Net result

6,1 k €

-41.6% YoY

Gross margin

22,6 k €

-12.9% YoY

Equity

150,5 k €

+4.2% YoY

Workforce

0,0 ETP

What does TVM solutions do?

TVM solutions is a Private limited company incorporated in 2000. Its main activity is: Freight transport by road. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.210.351

Incorporation

28/06/2000

Legal form

Private limited company

Registered office

Berchemstadionstraat 78
2600 Antwerpen · FlandreSee on map

Contributed capital

18 750,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	22,6 k €	-12.9%	25,9 k €	-18.3%	31,7 k €	+13.8%	27,9 k €	-63.5%	76,5 k €	+124%	34,2 k €	+632%	-6,4 k €	+26.1%	-8,7 k €	-154%	16,2 k €	-60.3%	40,9 k €	-72.9%	151,1 k €	+5.0%	143,9 k €	-1.3%	145,8 k €	-16.6%	174,8 k €	-34.4%	266,4 k €	+31.4%	202,7 k €	+0.4%	201,9 k €	-3.7%	209,6 k €	-16.2%	250,2 k €	+0.4%	249,2 k €
EBITDA	22 k €	-12.9%	25,3 k €	-17.4%	30,7 k €	+35.1%	22,7 k €	-44.5%	40,9 k €	+24.6%	32,8 k €	+566%	-7 k €	+24.8%	-9,4 k €	-206%	8,9 k €	-77.6%	39,5 k €	-43.3%	69,7 k €	+13.6%	61,4 k €	+36.6%	44,9 k €	+63.0%	27,6 k €	-57.1%	64,2 k €	+148%	25,9 k €	-36.7%	40,9 k €	-24.8%	54,4 k €	-27.4%	75 k €	+27.8%	58,7 k €
Operating result	8,4 k €	-29.8%	12 k €	-32.3%	17,7 k €	+20.8%	14,7 k €	-56.2%	33,5 k €	+15.5%	29 k €	+390%	-10 k €	+20.7%	-12,6 k €	-344%	5,2 k €	-73.4%	19,4 k €	-6.8%	20,8 k €	-29.7%	29,6 k €	+20.5%	24,6 k €	+329%	5,7 k €	-83.0%	33,8 k €	+227%	-26,6 k €	-108%	-12,8 k €	-184%	15,2 k €	-66.5%	45,3 k €	+266331%	17 €
Net result	6,1 k €	-41.6%	10,5 k €	-20.9%	13,3 k €	+24.1%	10,7 k €	-58.1%	25,5 k €	+11.2%	23 k €	+291%	-12 k €	+20.3%	-15,1 k €	-698%	2,5 k €	-75.3%	10,2 k €	+63.6%	6,2 k €	-67.9%	19,4 k €	-10.1%	21,6 k €	+915%	2,1 k €	-90.9%	23,5 k €	+162%	-38,1 k €	-28.6%	-29,6 k €	-4442%	682,1 €	-98.0%	33,8 k €	+407%	-11 k €
Balance sheet
Equity	150,5 k €	+4.2%	144,3 k €	+7.9%	133,8 k €	+11.0%	120,5 k €	+16.0%	103,9 k €	+32.6%	78,4 k €	+41.5%	55,4 k €	-17.8%	67,4 k €	-18.3%	82,5 k €	+3.2%	79,9 k €	+14.6%	69,7 k €	+9.8%	63,5 k €	+43.9%	44,1 k €	+95.6%	22,6 k €	+10.4%	20,4 k €	+777%	-3 k €	-109%	35,1 k €	-45.8%	64,7 k €	+1.1%	64 k €	+112%	30,2 k €
Total assets	222,9 k €	+30.3%	171 k €	+10.9%	154,2 k €	+16.9%	131,9 k €	-18.3%	161,4 k €	-11.6%	182,6 k €	+36.5%	133,7 k €	-12.1%	152,2 k €	-17.0%	183,3 k €	-7.0%	197,1 k €	-25.8%	265,5 k €	+30.3%	203,8 k €	+97.3%	103,3 k €	+31.0%	78,8 k €	-40.0%	131,3 k €	-41.0%	222,6 k €	-17.2%	268,9 k €	-13.2%	309,6 k €	+23.5%	250,7 k €	-4.3%	262,1 k €
Cash	131,4 k €	+18.4%	110,9 k €	+45.7%	76,1 k €	+0.1%	76,1 k €	-33.5%	114,4 k €	+171%	42,1 k €	+56.3%	27 k €	-49.3%	53,1 k €	-11.9%	60,3 k €	+10.3%	54,7 k €	+44.9%	37,7 k €	-35.0%	58,1 k €	+215%	18,4 k €	+12.7%	16,3 k €	+5352%	299,9 €	-55.1%	668,3 €	-93.5%	10,3 k €	-61.6%	26,9 k €	+2.9%	26,1 k €	+2845%	887 €
Debts	72,4 k €	+171%	26,7 k €	+31.2%	20,3 k €	+78.7%	11,4 k €	-72.0%	40,6 k €	-61.0%	104,2 k €	+33.0%	78,3 k €	-7.6%	84,8 k €	-15.8%	100,7 k €	-11.7%	114 k €	-40.4%	191,3 k €	+42.2%	134,5 k €	+128%	59,1 k €	+5.1%	56,3 k €	-48.6%	109,5 k €	-50.9%	223,1 k €	-3.3%	230,8 k €	-4.2%	240,9 k €	+29.0%	186,7 k €	-19.5%	231,8 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		2,0 ETP	0.0%	2,0 ETP	-13.0%	2,3 ETP	-30.3%	3,3 ETP	-32.7%	4,9 ETP	+6.5%	4,6 ETP	-4.2%	4,8 ETP	+17.1%	4,1 ETP	-10.9%	4,6 ETP	-16.4%	5,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 8 ended

Active mandates

Jan van Waterschoot

Director · since 10 mai 2022

Active

RIVERSTAR ACADEMY

Director · since 10 mai 2022 · 0898.761.121

Represented by Marc Van Grootel

Active

Roelof Kuipers

Director · since 10 mai 2022

Active

Ended mandates

Jan Waterschoot

Director · since 10 mai 2022

Ended

Kurt Vandevelde

Director · since 10 mai 2022

Ended

RIVERSTAR ACADEMY

Director · since 10 mai 2022 · 0898.761.121

Represented by Marc Van Grootel

Ended

Jan Van Waterschoot

Director

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	08/07/2026	10/07/2025	10/07/2024	22/06/2023	03/05/2022	19/08/2021
General meeting	08/06/2026	10/06/2025	10/06/2024	12/06/2023	03/05/2022	14/06/2021
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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Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/06/2026	08/07/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	10/06/2024	10/07/2024	Dutch	PDF
Abridged model	31/12/2022	12/06/2023	22/06/2023	Dutch	PDF
Micro model	31/12/2021	03/05/2022	03/05/2022	Dutch	PDF
Micro model	31/12/2020	14/06/2021	19/08/2021	Dutch	PDF
Micro model	31/12/2019	08/06/2020	23/06/2020	Dutch	PDF
Micro model	31/12/2018	11/06/2019	03/07/2019	Dutch	PDF
Micro model	31/12/2017	11/06/2018	29/06/2018	Dutch	PDF
Micro model	31/12/2016	12/06/2017	12/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	06/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	02/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	11/07/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	07/07/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	11/06/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 3 active · 8 ended

Active mandates

Jan van Waterschoot

Director · since 10 mai 2022

Active

RIVERSTAR ACADEMY

Director · since 10 mai 2022 · 0898.761.121

Represented by Marc Van Grootel

Active

Roelof Kuipers

Director · since 10 mai 2022

Active

Ended mandates

Jan Waterschoot

Director · since 10 mai 2022

Ended

Kurt Vandevelde

Director · since 10 mai 2022

Ended

RIVERSTAR ACADEMY

Director · since 10 mai 2022 · 0898.761.121

Represented by Marc Van Grootel

Ended

Jan Van Waterschoot

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/05/2026
Overlijden van bestuurder
PDF
Registered office03/06/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/12/2020
MAATSCHAPPELIJKE ZETEL
PDF
Registered office24/10/2019
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office29/11/2011
MAATSCHAPPELIJKE ZETEL
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 20256,1 k €↓
2024
Annual accounts 202410,5 k €↓
2023
Annual accounts 202313,3 k €↑
2022
Annual accounts 202210,7 k €↓
2022
Name changeTvm Solutions
2021
Annual accounts 202125,5 k €↑
2020
Annual accounts 202023 k €↑
2019
Annual accounts 2019-12 k €↑
2019
Name changeVDVision
2018
Annual accounts 2018-15,1 k €↓
2017
Annual accounts 20172,5 k €↓
2016
Annual accounts 201610,2 k €↑
2015
Annual accounts 20156,2 k €↓
2014
Annual accounts 201419,4 k €↓
2013
Annual accounts 201321,6 k €↑
2012
Annual accounts 20122,1 k €↓
2011
Annual accounts 201123,5 k €↑
2010
Annual accounts 2010-38,1 k €↓
2009
Annual accounts 2009-29,6 k €↓
2008
Annual accounts 2008682,1 €↓
2007
Annual accounts 200733,8 k €↑
2006
Annual accounts 2006-11 k €
2006
Name changeVANDEVELDE KURT
28/06/2000
IncorporationPrivate 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

TVM solutions

Overview

What does TVM solutions do?

Trend over 20 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