ACTIVE

TBD FINANCES

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
3,8 M €
-22.3% YoY
Revenue
4,6 M €
+6.3% YoY
Equity
26,8 M €
+16.5% YoY

What does TBD FINANCES do?

TBD FINANCES is a Public limited company incorporated in 2000. Its main activity is: Activities of head offices; management consultancy activities. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0472.432.164
Incorporation
19/07/2000
Legal form
Public limited company
Registered office
Place du Champ de Mars 5
1050 Ixelles · BruxellesSee on map
Contributed capital
361 379,18 €
Latest accounts
31/12/2025
Activities (NACE)
70322Activities of head offices; management consultancy activities· main81100Combined facilities support activities81100Combined facilities support activities70200Management consultancy activities70220Business and other management consultancy activities74142Specialised design activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Revenue4,6 M €4,3 M €3,7 M €4,2 M €3 M €2,3 M €2,4 M €2,3 M €1,9 M €2 M €2,1 M €2,1 M €2 M €1,8 M €1,4 M €570,5 k €40 k €180,3 k €
EBITDA4,5 M €4,2 M €3,7 M €4,1 M €2,9 M €2,3 M €2,4 M €1,8 M €1,4 M €1,4 M €1,9 M €1,9 M €1,9 M €1,8 M €1,2 M €556 k €19,5 k €173,2 k €
Operating result4,5 M €4,2 M €3,7 M €4,1 M €2,9 M €2,3 M €2,4 M €1,6 M €1,2 M €1,3 M €1,7 M €1,7 M €1,9 M €1,8 M €1,2 M €536 k €-17,1 k €136,6 k €
Net result3,8 M €4,9 M €3,1 M €3,2 M €2,2 M €3,2 M €9,5 M €-237 k €335,2 k €356,7 k €1,2 M €4,5 k €1 M €1,2 M €823,3 k €354,4 k €-25,2 k €84,4 k €
Balance sheet
Equity26,8 M €23 M €19,1 M €18,6 M €17,4 M €17 M €13,8 M €4,2 M €4,5 M €4,1 M €3,8 M €2,6 M €2,6 M €1,6 M €420,5 k €397,2 k €342,8 k €368 k €
Total assets28,3 M €25,8 M €24,1 M €22,6 M €22,1 M €37,1 M €31,8 M €19,3 M €17,8 M €16,4 M €15,3 M €15,4 M €9,8 M €7,1 M €1,6 M €1,5 M €961,6 k €1 M €
Cash3,6 M €1,2 M €1,2 M €2,5 M €1,9 M €431,3 k €1,3 M €141,6 k €756,7 k €721,4 k €1 M €15,9 k €571,8 k €5,5 k €36,1 k €143,2 k €232 k €43,4 k €
Debts1,5 M €2,7 M €5 M €4 M €4,7 M €19,7 M €18,1 M €15,1 M €13,3 M €12,2 M €11,4 M €12,6 M €7,1 M €5,5 M €1,2 M €1,1 M €618,8 k €662,2 k €
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 · 1 active · 25 ended

Active mandates

Daniel Derichebourg

Director · since 16 janvier 2024 · until 16 janvier 2030

Active

Ended mandates

Daniel Derichebourg

Director · since 16 janvier 2024

Ended
Boris Derichebourg

Director · since 13 décembre 2018 · until 15 juin 2024

Ended
Boris Derichebourg

Director · since 13 décembre 2018 · until 18 juin 2024

Ended
Daniel Derichebourg

Director · since 13 décembre 2018 · until 15 juin 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
66.be● Active
0820.286.042
7SEVEN consulting & MANAGEMENT● Active
0676.783.252
99 PUBLIC AFFAIRS● Active
1010.573.219
A2Z SOLUTIONS● Active
0448.487.220
ABAWERK● Active
1041.276.093
ABOUZEID,AVOCAT● Active
0748.695.785
Accelerant Insurance Europe● Active
0758.632.842
AC Déco-design● Bankrupt
0763.990.311
ACI Worldwide Belgium● Active
0444.711.544
ADIUTUM● Active
0894.708.796
ADT België● Active
0779.304.433
ADVICE MANAGEMENT INVESTMENT COMPANY● Active
0859.953.894
Advisense● Active
0687.468.890
Advocatenkantoor Bensaïd Walid● Active
1029.849.295
Advocatenkantoor Reinout Vrielinck● Active
0805.978.146
ADVOCATENVENNOOTSCHAP KOEN DE PUYDT● Active
0544.634.412
Afrimpex trading and investment company● Active
0887.376.091
AGA Conseil● Active
0543.588.592
AGENCE-CONSULTING● Bankrupt
0765.610.409
Aiden TECH● Active
1023.136.006
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 date23/07/202624/07/202531/07/202422/08/202318/07/202231/08/2021
General meeting07/07/202624/07/202531/07/202421/08/202314/07/202230/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202507/07/202623/07/2026FrenchPDF
Full model31/12/202424/07/202524/07/2025FrenchPDF
Full model31/12/202331/07/202431/07/2024FrenchPDF
Full model31/12/202221/08/202322/08/2023FrenchPDF
Full model31/12/202114/07/202218/07/2022FrenchPDF
Full model31/12/202030/08/202131/08/2021FrenchPDF
Full model31/12/201929/09/202027/10/2020FrenchPDF
Full model31/12/201803/08/202001/09/2020FrenchPDF
Full model31/12/201731/01/202021/02/2020FrenchPDF
Full model31/12/201617/11/201705/12/2017FrenchPDF
Full model31/12/201506/01/201728/09/2017FrenchPDF
Full model31/12/201407/10/201515/10/2015FrenchPDF
Full model31/12/201329/09/201530/09/2015FrenchPDF
Full model31/12/201225/10/201319/11/2013FrenchPDF
Full model31/12/201127/08/201231/08/2012FrenchPDF
Full model31/12/201013/07/201118/07/2011FrenchPDF
Full model31/12/200913/07/201029/07/2010FrenchPDF
Full model31/12/200826/06/200929/06/2009FrenchPDF
Full model31/12/200710/07/200810/07/2008FrenchPDF
Full model31/12/200603/07/200727/07/2007FrenchPDF
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 · 1 active · 25 ended

Active mandates

Daniel Derichebourg

Director · since 16 janvier 2024 · until 16 janvier 2030

Active

Ended mandates

Daniel Derichebourg

Director · since 16 janvier 2024

Ended
Boris Derichebourg

Director · since 13 décembre 2018 · until 15 juin 2024

Ended
Boris Derichebourg

Director · since 13 décembre 2018 · until 18 juin 2024

Ended
Daniel Derichebourg

Director · since 13 décembre 2018 · until 15 juin 2024

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/06/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/12/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares14/12/2017
    OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office18/12/2014
    SIEGE SOCIAL
    PDF
  • Mandates18/12/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/07/2010
    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 20253,8 M €↓
  2. 2024
    Annual accounts 20244,9 M €↑
  3. 2023
    Annual accounts 20233,1 M €↓
  4. 2022
    Annual accounts 20223,2 M €↑
  5. 2021
    Annual accounts 20212,2 M €↓
  6. 2019
    Annual accounts 20193,2 M €↓
  7. 2018
    Annual accounts 20189,5 M €↑
  8. 2017
    Annual accounts 2017-237 k €↓
  9. 2016
    Annual accounts 2016335,2 k €↓
  10. 2015
    Annual accounts 2015356,7 k €↓
  11. 2014
    Annual accounts 20141,2 M €↑
  12. 2013
    Annual accounts 20134,5 k €↓
  13. 2012
    Annual accounts 20121 M €↓
  14. 2011
    Annual accounts 20111,2 M €↑
  15. 2010
    Annual accounts 2010823,3 k €↑
  16. 2009
    Annual accounts 2009354,4 k €↑
  17. 2008
    Annual accounts 2008-25,2 k €↓
  18. 2007
    Annual accounts 200784,4 k €
  19. 19/07/2000
    IncorporationPublic limited company