ACTIVE

T.V.D.

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Financial year 2025 · closed on 31/12/2025

Net result

-57,1 k €

-108.4% YoY

Gross margin

48,8 k €

-94.7% YoY

Equity

921 k €

-5.8% YoY

Workforce

0,0 ETP

What does T.V.D. do?

T.V.D. is a Public limited company incorporated in 2002. Its registered office is in Boechout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.814.773

Incorporation

21/06/2002

Legal form

Public limited company

Registered office

Binnensteenweg 170
2530 Boechout · FlandreSee on map

Contributed capital

1 019 585,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (1)

Signals

Solid 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	48,8 k €	-94.7%	920,7 k €	+4843%	18,6 k €	-53.4%	39,9 k €	+2.2%	39,1 k €	+3.5%	37,8 k €	+6.9%	35,3 k €	-10.7%	39,5 k €	+7.9%	36,7 k €	-83.7%	224,7 k €	-69.0%	724,2 k €	+9.0%	664,5 k €	-4.9%	698,5 k €	+108%	335,7 k €	+1083%	28,4 k €	+1.5%	27,9 k €	+1.8%	27,4 k €	-5.0%	28,9 k €	+2.3%	28,2 k €	-1.7%	28,7 k €
EBITDA	40,4 k €	-95.6%	916,8 k €	+7050%	12,8 k €	-62.9%	34,6 k €	+2.1%	33,9 k €	+2.8%	33 k €	+113%	15,5 k €	-21.8%	19,8 k €	+33.5%	14,8 k €	-80.5%	76 k €	-50.2%	152,7 k €	+81.9%	84 k €	-31.9%	123,4 k €	+143%	50,8 k €	+87.1%	27,2 k €	+1.3%	26,8 k €	+1.9%	26,3 k €	-4.8%	27,7 k €	+2.1%	27,1 k €	-2.3%	27,7 k €
Operating result	-42,8 k €	-105%	916,4 k €	+7312%	12,4 k €	-63.7%	34,1 k €	+3.5%	32,9 k €	+2.9%	32 k €	+333%	7,4 k €	-36.7%	11,7 k €	+76.3%	6,6 k €	-89.0%	60,4 k €	+151%	-118,1 k €	-151%	-47,1 k €	-356%	-10,3 k €	-133%	31,1 k €	+14.3%	27,2 k €	+1.3%	26,8 k €	+1.9%	26,3 k €	-4.8%	27,7 k €	+2.1%	27,1 k €	-2.3%	27,7 k €
Net result	-57,1 k €	-108%	679,9 k €	+7785%	8,6 k €	-65.6%	25 k €	+8.0%	23,2 k €	+2.9%	22,5 k €	+329%	5,2 k €	-29.0%	7,4 k €	+33.6%	5,5 k €	-89.7%	53,5 k €	+108%	-700,6 k €	-402%	-139,6 k €	-34.0%	-104,2 k €	-439%	-19,3 k €	-305%	-4,8 k €	-133%	-2,1 k €	-103%	61,3 k €	-39.6%	101,4 k €	+1705%	5,6 k €	-97.1%	194,2 k €
Balance sheet
Equity	921 k €	-5.8%	978,1 k €	+228%	298,2 k €	+3.0%	289,6 k €	+9.5%	264,6 k €	+9.6%	241,5 k €	+10.2%	219,1 k €	+2.4%	213,9 k €	+3.5%	206,6 k €	+2.7%	201,2 k €	+36.2%	147,8 k €	-82.6%	848,4 k €	-14.1%	988,2 k €	-17.1%	1,2 M €	-1.6%	1,2 M €	-0.4%	1,2 M €	-0.2%	1,2 M €	+0.1%	1,2 M €	-7.5%	1,3 M €	+0.4%	1,3 M €
Total assets	2,5 M €	-5.0%	2,6 M €	+618%	368,4 k €	-5.8%	391 k €	-3.2%	403,8 k €	-0.2%	404,5 k €	+0.1%	403,9 k €	-9.7%	447,3 k €	-3.9%	465,3 k €	-11.3%	524,6 k €	-77.9%	2,4 M €	-25.2%	3,2 M €	+0.9%	3,1 M €	-2.0%	3,2 M €	+27.1%	2,5 M €	+1.3%	2,5 M €	+1.4%	2,5 M €	+3.8%	2,4 M €	+6.2%	2,2 M €	+0.8%	2,2 M €
Cash	18,5 k €	-37.1%	29,3 k €	+19.0%	24,6 k €	-49.9%	49,2 k €	-23.0%	63,9 k €	+99.3%	32,1 k €	+1.6%	31,6 k €	-58.5%	76,1 k €	-0.1%	76,2 k €	-22.4%	98,1 k €	-78.4%	455,3 k €	-25.2%	608,5 k €	+64.7%	369,5 k €	+5.7%	349,6 k €	+65142%	535,9 €	+47.5%	363,3 €	-72.0%	1,3 k €	-72.1%	4,6 k €	+34.6%	3,5 k €	-87.6%	28 k €
Debts	1,4 M €	-4.4%	1,4 M €	+1936%	70,2 k €	-30.7%	101,3 k €	-27.2%	139,1 k €	-14.6%	162,9 k €	-11.8%	184,7 k €	-19.8%	230,2 k €	-10.9%	258,4 k €	-20.0%	323 k €	-85.5%	2,2 M €	-4.1%	2,3 M €	+7.8%	2,1 M €	+7.0%	2 M €	+53.5%	1,3 M €	+2.9%	1,3 M €	+3.0%	1,2 M €	+7.7%	1,1 M €	+26.1%	908,5 k €	+1.5%	895,3 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		8,6 ETP	-1.1%	8,7 ETP	0.0%	8,7 ETP	0.0%	8,7 ETP	0.0%	8,7 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 31/12/2025 · 4 active · 26 ended

Active mandates

Dirk Vandeputte

Managing director · since 20 décembre 2023 · until 20 décembre 2029

Active

Max Vandeputte

Director · since 20 décembre 2023 · until 20 décembre 2029

Active

Stefan Vandeputte

Managing director · since 20 décembre 2023 · until 20 décembre 2029

Active

Tom Vandeputte

Director · since 20 décembre 2023 · until 20 décembre 2029

Active

Ended mandates

Max Vandeputte

Director · since 21 décembre 2022 · until 26 mai 2025

Ended

Tom Vandeputte

Director · since 21 décembre 2022 · until 26 mai 2025

Ended

Dirk Vandeputte

Managing director · since 25 mai 2021 · until 26 mai 2025

Ended

Stefan Vandeputte

Managing director · since 25 mai 2021 · until 26 mai 2025

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	22/06/2026	30/06/2025	28/06/2024	29/06/2023	29/06/2022	09/08/2021
General meeting	26/05/2026	26/05/2025	27/05/2024	22/05/2023	23/05/2022	25/05/2021
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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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	22/05/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	23/05/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	25/05/2021	09/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	14/09/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	17/09/2019	Dutch	PDF
Abridged model	31/12/2017	28/05/2018	11/06/2018	Dutch	PDF
Abridged model	31/12/2016	22/05/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	23/05/2016	01/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/07/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	23/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	23/05/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/06/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	19/07/2007	Dutch	PDF

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 31/12/2025 · 4 active · 26 ended

Active mandates

Dirk Vandeputte

Managing director · since 20 décembre 2023 · until 20 décembre 2029

Active

Max Vandeputte

Director · since 20 décembre 2023 · until 20 décembre 2029

Active

Stefan Vandeputte

Managing director · since 20 décembre 2023 · until 20 décembre 2029

Active

Tom Vandeputte

Director · since 20 décembre 2023 · until 20 décembre 2029

Active

Ended mandates

Max Vandeputte

Director · since 21 décembre 2022 · until 26 mai 2025

Ended

Tom Vandeputte

Director · since 21 décembre 2022 · until 26 mai 2025

Ended

Dirk Vandeputte

Managing director · since 25 mai 2021 · until 26 mai 2025

Ended

Stefan Vandeputte

Managing director · since 25 mai 2021 · until 26 mai 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office18/12/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2015
ONTSLAGEN - BENOEMINGEN
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 2025-57,1 k €↓
2024
Annual accounts 2024679,9 k €↑
2023
Annual accounts 20238,6 k €↓
2022
Annual accounts 202225 k €↑
2021
Annual accounts 202123,2 k €↑
2020
Annual accounts 202022,5 k €↑
2019
Annual accounts 20195,2 k €↓
2018
Annual accounts 20187,4 k €↑
2017
Annual accounts 20175,5 k €↓
2016
Annual accounts 201653,5 k €↑
2015
Annual accounts 2015-700,6 k €↓
2014
Annual accounts 2014-139,6 k €↓
2013
Annual accounts 2013-104,2 k €↓
2012
Annual accounts 2012-19,3 k €↓
2012
Name changeT.V.D.
2011
Annual accounts 2011-4,8 k €↓
2010
Annual accounts 2010-2,1 k €↓
2009
Annual accounts 200961,3 k €↓
2008
Annual accounts 2008101,4 k €↑
2007
Annual accounts 20075,6 k €↓
2006
Annual accounts 2006194,2 k €
2006
Name changeRIPA
21/06/2002
IncorporationPublic 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

T.V.D.

Overview

What does T.V.D. do?

Trend over 20 financial years

Indicative valuation

Board of directors

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