ACTIVE

TFE Belgium

Financial year 2025 · Closed on 31/12/2025

Net result4,2 k €-15,3 %over 1 year
Gross margin7 k €-0,4 %over 1 year
Equity62,9 k €+7,2 %over 1 year

Identity

Source · BCE/KBO

TFE Belgium is a Private company with limited liability incorporated in 2001. Its main activity is: Non-specialised wholesale trade. Its registered office is in Forest.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0473.665.450
Incorporation
03/01/2001
Legal form
Private company with limited liability
Registered office
Rue des Anciens Etangs 40
1190 Forest · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin7 k €7 k €16,2 k €12,1 k €3,6 k €
EBITDA6,3 k €6,4 k €15,9 k €11,3 k €2,5 k €
Operating result6,3 k €6,4 k €15,9 k €11,3 k €2,5 k €
Net result4,2 k €5 k €15,3 k €11,1 k €2,3 k €
Balance sheet
Equity62,9 k €58,7 k €53,7 k €38,4 k €27,3 k €
Total assets307,5 k €267,8 k €179,8 k €145,3 k €215,5 k €
Cash290,4 k €264,6 k €179,7 k €124,7 k €39,2 k €
Debts243,1 k €207,6 k €124,7 k €105,4 k €186,6 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

Gregory SERVAIS

Mandate

Active
Laurent DUB

Mandate

Active

Ended mandates

Gregory SERVAIS

Director · since 16 décembre 2024

Ended
Laurent DUB

Director

Ended
Laurent DUB

Administrator - manager

Ended
Laurent DUB

Manager

Ended

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Rue des Anciens Etangs 40 1190 Forest
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1020.021.415
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ALTIMUM● Active
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Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date20/07/202626/06/202521/08/202410/07/202316/08/202230/08/2021
General meeting24/06/202625/06/202528/06/202428/06/202329/06/202227/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202524/06/202620/07/2026FrenchPDF
Micro model31/12/202425/06/202526/06/2025FrenchPDF
Micro model31/12/202328/06/202421/08/2024FrenchPDF
Micro model31/12/202228/06/202310/07/2023FrenchPDF
Micro model31/12/202129/06/202216/08/2022FrenchPDF
Micro model31/12/202027/08/202130/08/2021FrenchPDF
Micro model31/12/201924/06/202030/07/2020FrenchPDF
Micro model31/12/201826/06/201929/08/2019FrenchPDF
Micro model31/12/201727/06/201827/08/2018FrenchPDF
Micro model31/12/201628/06/201703/08/2017FrenchPDF
Abridged model31/12/201529/06/201614/07/2016FrenchPDF
Abridged model31/12/201424/06/201521/09/2015FrenchPDF
Abridged model31/12/201325/06/201417/09/2014FrenchPDF
Abridged model30/06/201214/11/201230/01/2013FrenchPDF
Abridged model30/06/201109/11/201120/12/2011FrenchPDF
Abridged model30/06/201010/11/201013/01/2011FrenchPDF
Abridged model30/06/200912/11/200904/02/2010FrenchPDF
Abridged model30/06/200812/11/200815/01/2009FrenchPDF
Abridged model30/06/200714/11/200704/12/2007FrenchPDF
Abridged model30/06/200608/11/200603/01/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

Gregory SERVAIS

Mandate

Active
Laurent DUB

Mandate

Active

Ended mandates

Gregory SERVAIS

Director · since 16 décembre 2024

Ended
Laurent DUB

Director

Ended
Laurent DUB

Administrator - manager

Ended
Laurent DUB

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office28/11/2022
    SIEGE SOCIAL
    PDF
  • Registered office25/07/2019
    SIEGE SOCIAL
    PDF
  • Registered office19/08/2015
    SIEGE SOCIAL
    PDF
  • Other18/04/2013
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates08/01/2007
    DEMISSIONS, NOMINATIONS
    PDF
  • Other01/12/2006
    DIVERSEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/12/2006
    DENOMINATION
    PDF

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 20254,2 k €↓
  2. 2025
    Name changeTFE
  3. 2024
    Annual accounts 20245 k €↓
  4. 2023
    Annual accounts 202315,3 k €↑
  5. 2022
    Annual accounts 202211,1 k €↑
  6. 2021
    Annual accounts 20212,3 k €↑
  7. 2020
    Annual accounts 2020-27,7 k €↓
  8. 2019
    Annual accounts 20195 k €↓
  9. 2018
    Annual accounts 201819,8 k €↑
  10. 2017
    Annual accounts 20172,2 k €↓
  11. 2016
    Annual accounts 20168,3 k €↓
  12. 2015
    Annual accounts 201518,1 k €↓
  13. 2013
    Annual accounts 201329,2 k €↑
  14. 2012
    Annual accounts 2012-1,3 k €↓
  15. 2011
    Annual accounts 20112,2 k €↑
  16. 2010
    Annual accounts 2010-9,9 k €↓
  17. 2009
    Annual accounts 2009-696 €↓
  18. 2008
    Annual accounts 20081,5 k €↓
  19. 2007
    Annual accounts 20072,8 k €
  20. 2007
    Name changeTFE BELGIUM
  21. 03/01/2001
    IncorporationPrivate company with limited liability