ACTIVE

TERVUREN DEVELOPMENT

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Financial year 2025 · closed on 30/09/2025
Net result
-348 k €
-427.1% YoY
Gross margin
81,9 k €
-91.5% YoY
Equity
-428,8 k €
-430.8% YoY
Workforce
0,0 ETP

What does TERVUREN DEVELOPMENT do?

TERVUREN DEVELOPMENT is a Private limited company incorporated in 2002. Its registered office is in Uccle.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0476.778.655
Incorporation
28/01/2002
Legal form
Private limited company
Registered office
Avenue des Sorbiers 25
1180 Uccle · BruxellesSee on map
Contributed capital
53 000,00 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Joint committees (1)
  • 218
Signals
Positive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420222021201820172013201220112010200920082007
Income statement
Gross margin81,9 k €959,4 k €55,2 k €48,5 k €241,6 k €57 k €-659 €46,7 k €149,9 k €189 k €191,4 k €190,9 k €196,9 k €
EBITDA66,4 k €930 k €27,3 k €6,2 k €173,8 k €52,4 k €-1,8 k €45,8 k €63,6 k €103,9 k €106,1 k €110,2 k €117,1 k €
Operating result-119,2 k €683 k €27,3 k €6,2 k €173,8 k €52,4 k €-3,9 k €83 k €26,3 k €99,5 k €101,7 k €105,8 k €108,8 k €
Net result-348 k €106,4 k €-14 k €-37,5 k €23,5 k €-28,4 k €-141,5 k €55,7 k €247,9 k €45,7 k €56 k €49,5 k €54,7 k €
Balance sheet
Equity-428,8 k €-80,8 k €-187,2 k €-173,2 k €54,6 k €31,1 k €585,5 k €727,1 k €671,4 k €423,5 k €377,8 k €321,8 k €272,3 k €
Total assets3,2 M €4,7 M €15,5 M €11,7 M €8,5 M €8,3 M €615,1 k €757,1 k €881 k €901,9 k €985,1 k €910,3 k €835,3 k €
Cash12 k €15,6 k €711,6 k €236,2 k €158,7 k €100,3 k €133,4 k €134,1 k €35,4 k €66 k €92,4 k €87,1 k €102,6 k €
Debts3,6 M €4,8 M €15,6 M €11,8 M €8,4 M €8,3 M €29,6 k €30 k €209,6 k €478,4 k €607,4 k €588,6 k €563 k €
Other
Workforce0,0 ETP0,0 ETP–––––0,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 28 ended

Active mandates

LOSANE

Director · 0697.691.207

Represented by Carlos de Meester de Betzenbroeck

Active
ROSHECO

Director · 0840.098.093

Represented by Xavier de Jacquier de Rosée

Active

Ended mandates

LOSANE

Director · since 01 janvier 2021 · 0697.691.207

Represented by Carlos de Meester de Betzenbroeck

Ended
BELGAVIA

Director · since 01 septembre 2018 · until 01 janvier 2021 · 0424.027.085

Represented by Florence Verougstraete

Ended
BELGAVIA

Director · since 01 septembre 2018 · 0424.027.085

Represented by Florence Verougstraete

Ended
BELGAVIA

Manager · since 01 septembre 2018 · 0424.027.085

Represented by Florence VEROUGSTRAETE

Ended
At this address

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Annual accounts

Full financial information

202520242022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/09/202530/09/202431/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months21 months12 months12 months12 months12 months
Filing date10/04/202611/04/202505/07/202330/06/202208/06/202130/06/2020
General meeting04/03/202631/03/202528/06/202307/06/202207/06/202102/06/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202504/03/202610/04/2026FrenchPDF
Abridged model30/09/202431/03/202511/04/2025FrenchPDF
Abridged model31/12/202228/06/202305/07/2023FrenchPDF
Abridged model31/12/202107/06/202230/06/2022FrenchPDF
Abridged model31/12/202007/06/202108/06/2021FrenchPDF
Abridged model31/12/201902/06/202030/06/2020FrenchPDF
Abridged model31/12/201803/06/201906/06/2019FrenchPDF
Abridged model31/12/201729/06/201826/07/2018FrenchPDF
Abridged model30/09/201628/10/201631/10/2016FrenchPDF
Abridged model30/09/201503/03/201624/03/2016FrenchPDF
Abridged model30/09/201405/03/201530/03/2015FrenchPDF
Abridged model30/09/201306/03/201419/05/2014FrenchPDF
Abridged model30/09/201207/03/201328/06/2013FrenchPDF
Abridged model30/09/201101/03/201226/04/2012FrenchPDF
Abridged model30/09/201003/03/201124/05/2011FrenchPDF
Abridged model30/09/200904/03/201025/05/2010FrenchPDF
Abridged model30/09/200805/03/200919/05/2009FrenchPDF
Abridged model30/09/200706/03/200803/04/2008FrenchPDF
Abridged model30/09/200601/03/200730/03/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 2 active · 28 ended

Active mandates

LOSANE

Director · 0697.691.207

Represented by Carlos de Meester de Betzenbroeck

Active
ROSHECO

Director · 0840.098.093

Represented by Xavier de Jacquier de Rosée

Active

Ended mandates

LOSANE

Director · since 01 janvier 2021 · 0697.691.207

Represented by Carlos de Meester de Betzenbroeck

Ended
BELGAVIA

Director · since 01 septembre 2018 · until 01 janvier 2021 · 0424.027.085

Represented by Florence Verougstraete

Ended
BELGAVIA

Director · since 01 septembre 2018 · 0424.027.085

Represented by Florence Verougstraete

Ended
BELGAVIA

Manager · since 01 septembre 2018 · 0424.027.085

Represented by Florence VEROUGSTRAETE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other09/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates23/07/2021
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates06/12/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/04/2017
    DENOMINATION - SIEGE SOCIAL - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/07/2013
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office20/02/2013
    SIEGE SOCIAL
    PDF
  • Mandates07/09/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/07/2007
    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 2025-348 k €↓
  2. 2024
    Annual accounts 2024106,4 k €↑
  3. 2022
    Annual accounts 2022-14 k €↑
  4. 2021
    Annual accounts 2021-37,5 k €↓
  5. 2018
    Annual accounts 201823,5 k €↑
  6. 2017
    Annual accounts 2017-28,4 k €↑
  7. 2013
    Annual accounts 2013-141,5 k €↓
  8. 2012
    Annual accounts 201255,7 k €↓
  9. 2011
    Annual accounts 2011247,9 k €↑
  10. 2010
    Annual accounts 201045,7 k €↓
  11. 2009
    Annual accounts 200956 k €↑
  12. 2008
    Annual accounts 200849,5 k €↓
  13. 2007
    Annual accounts 200754,7 k €
  14. 28/01/2002
    IncorporationPrivate limited company