ACTIVE

TORMANS BV

Financial year 2025 · closed on 31/12/2025
Net result
903,4 k €
+50.2% YoY
Revenue
36,2 M €
+3.8% YoY
Equity
16,5 M €
+5.8% YoY
Workforce
114,7 ETP
-9.6% YoY

What does TORMANS BV do?

TORMANS BV is a Private limited company incorporated in 2000. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Geel. It employs on average 114,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0473.051.578
Incorporation
17/10/2000
Legal form
Private limited company
Registered office
Kleinhoefstraat 11 box 15
2440 Geel · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
114,7 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201220112009200820072006
Income statement
Revenue36,2 M €34,8 M €34,7 M €32,8 M €32,8 M €6,5 M €3,2 M €
EBITDA1,6 M €1,4 M €2,1 M €1,9 M €2,4 M €836,4 k €1,3 M €23,5 k €13,2 k €-2,4 k €-582,8 €
Operating result1,4 M €1,2 M €1,6 M €1,7 M €2 M €685 k €1,3 M €23,5 k €13,2 k €-2,4 k €-582,8 €
Net result903,4 k €601,3 k €860 k €677,1 k €1,2 M €486,8 k €806,4 k €13,7 k €10,2 k €-23,3 k €107,8 k €
Balance sheet
Equity16,5 M €15,6 M €15 M €14,1 M €13,4 M €663,2 k €828,7 k €22,3 k €8,6 k €-1,6 k €-31,8 k €
Total assets20,6 M €20,1 M €20,5 M €19 M €18,6 M €3,3 M €2 M €64,7 k €54,7 k €5,5 €499 €
Cash3,1 M €3 M €2,5 M €1,2 M €3,3 M €240,1 k €160,3 k €6 k €19,1 k €
Debts4 M €4,4 M €5,5 M €4,8 M €5,1 M €2,6 M €1,2 M €42,4 k €46,1 k €1,6 k €32,3 k €
Other
Workforce114,7 ETP126,9 ETP137,1 ETP152,3 ETP167,4 ETP75,2 ETP20,7 ETP2,1 ETP1,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Dries Tormans

Director

Active
Jan Tormans

Director

Active

Ended mandates

Dries Tormans

Bestuurder · since 08 mai 2024

Ended
Dries Tormans

Director · since 08 mai 2024

Ended
Jan Tormans

Bestuurder · since 02 janvier 2008

Ended
Jan Tormans

Director · since 02 janvier 2008

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 date12/06/202630/07/202527/08/202431/08/202320/07/202226/07/2021
General meeting16/05/202630/06/202530/06/202430/06/202330/06/202230/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/05/202612/06/2026DutchPDF
Full model31/12/202430/06/202530/07/2025DutchPDF
Full model31/12/202330/06/202427/08/2024DutchPDF
Full model31/12/202230/06/202331/08/2023DutchPDF
Full model31/12/202130/06/202220/07/2022DutchPDF
Full model31/12/202030/06/202126/07/2021DutchPDF
Full model31/12/201930/06/202030/07/2020DutchPDF
Full model31/12/201829/06/201909/08/2019DutchPDF
Full model31/12/201730/06/201811/07/2018DutchPDF
Full model31/12/201630/06/201726/07/2017DutchPDF
Full model31/12/201530/06/201613/07/2016DutchPDF
Full model31/12/201430/06/201531/08/2015DutchPDF
Full model31/12/201330/06/201429/08/2014DutchPDF
Full model31/12/201228/06/201331/07/2013DutchPDF
Full model30/11/201131/05/201218/07/2012DutchPDF
Abridged model31/12/200902/06/201030/07/2010DutchPDF
Abridged model31/12/200803/06/200928/08/2009DutchPDF
Abridged model31/12/200704/06/200825/08/2008DutchPDF
Abridged modelCorrection31/12/200618/12/200728/12/2007DutchPDF
Abridged model31/12/200606/06/200726/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 8 ended

Active mandates

Dries Tormans

Director

Active
Jan Tormans

Director

Active

Ended mandates

Dries Tormans

Bestuurder · since 08 mai 2024

Ended
Dries Tormans

Director · since 08 mai 2024

Ended
Jan Tormans

Bestuurder · since 02 janvier 2008

Ended
Jan Tormans

Director · since 02 janvier 2008

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/02/2024
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/06/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Mandates02/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/01/2013
    BENAMING
    PDF
  • Other21/11/2012
    BOEKJAAR
    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 2025903,4 k €
  2. 2024
    Annual accounts 2024601,3 k €
  3. 2023
    Annual accounts 2023860 k €
  4. 2022
    Annual accounts 2022677,1 k €
  5. 2021
    Annual accounts 20211,2 M €
  6. 2012
    Annual accounts 2012486,8 k €
  7. 2011
    Annual accounts 2011806,4 k €
  8. 2009
    Annual accounts 200913,7 k €
  9. 2008
    Annual accounts 200810,2 k €
  10. 2007
    Annual accounts 2007-23,3 k €
  11. 2006
    Annual accounts 2006107,8 k €
  12. 17/10/2000
    IncorporationPrivate limited company