ACTIVE

TORFS ENGINEERING

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Financial year 2025 · closed on 31/12/2025

Net result

28,6 k €

-0.6% YoY

Gross margin

-5,5 k €

-101.3% YoY

Equity

219,1 k €

+15.0% YoY

What does TORFS ENGINEERING do?

TORFS ENGINEERING is a Private limited company incorporated in 2003. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Sint-Katelijne-Waver.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.770.809

Incorporation

14/03/2003

Legal form

Private limited company

Registered office

Bosstraat 46
2861 Sint-Katelijne-Waver · FlandreSee on map

Contributed capital

208 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities 25110Manufacture of metal structures and parts of structures 25110Manufacture of metal structures and parts of structures 71209Technical testing and analysis+1

Joint committees (4)

209
2090
20900
218

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-5,5 k €	-101%	426,8 k €	+8.0%	395,2 k €	+15.3%	342,6 k €	+13.2%	302,6 k €	-10.6%	338,3 k €	+4.0%	325,5 k €	+8.2%	300,8 k €	+5.5%	285 k €	-11.0%	320,2 k €	+30.0%	246,3 k €	+29.4%	190,4 k €	-47.7%	363,9 k €	+6.1%	343,1 k €	-9.5%	379 k €	+5.6%	358,9 k €	-6.5%	383,9 k €
EBITDA	32,5 k €	+209%	-29,9 k €	-539%	6,8 k €	-46.7%	12,8 k €	+39.0%	9,2 k €	-83.2%	54,8 k €	+15.6%	47,4 k €	-5.4%	50,1 k €	-1.0%	50,6 k €	-52.5%	106,4 k €	+71.8%	61,9 k €	+12.0%	55,3 k €	-39.5%	91,3 k €	+380%	-32,6 k €	-307%	-8 k €	-121%	39 k €	-7.3%	42 k €
Operating result	32,5 k €	+204%	-31,2 k €	-1133%	3 k €	-52.4%	6,3 k €	+206%	2,1 k €	-95.3%	44 k €	+24.1%	35,5 k €	-7.0%	38,2 k €	-3.0%	39,4 k €	-56.0%	89,5 k €	+177%	32,3 k €	+65.1%	19,6 k €	-68.6%	62,3 k €	+216%	-53,8 k €	-87.0%	-28,8 k €	-236%	21,2 k €	+69.9%	12,5 k €
Net result	28,6 k €	-0.6%	28,8 k €	+20080%	142,5 €	+27.7%	111,6 €	-74.7%	441,4 €	-77.4%	2 k €	+9.3%	1,8 k €	-53.7%	3,9 k €	-29.3%	5,5 k €	+341%	-2,3 k €	+43.0%	-4 k €	-163%	6,3 k €	-86.4%	46,1 k €	+165%	-71,2 k €	-50.1%	-47,4 k €	-76405%	62,2 €	-97.2%	2,3 k €
Balance sheet
Equity	219,1 k €	+15.0%	190,6 k €	+17.8%	161,8 k €	+0.1%	161,7 k €	+0.1%	161,6 k €	-18.3%	197,7 k €	+1.0%	195,7 k €	+0.9%	194 k €	+4.2%	186,1 k €	+3.0%	180,6 k €	-1.2%	182,9 k €	-2.1%	186,9 k €	+3.5%	180,6 k €	+34.3%	134,5 k €	-34.6%	205,7 k €	-18.7%	253,1 k €	+0.0%	253,1 k €
Total assets	312,3 k €	-18.0%	380,9 k €	-7.1%	409,8 k €	-4.4%	428,8 k €	+4.1%	411,8 k €	-78.4%	1,9 M €	+2.1%	1,9 M €	+0.2%	1,9 M €	+1.4%	1,8 M €	-4.4%	1,9 M €	-4.2%	2 M €	+51.2%	1,3 M €	+3.1%	1,3 M €	+7.4%	1,2 M €	-14.0%	1,4 M €	+0.3%	1,4 M €	-1.0%	1,4 M €
Cash	66,5 €	-82.5%	379,2 €	-44.2%	679,4 €	-86.8%	5,2 k €	+1350%	355,8 €	-2.3%	364 €	+554%	55,7 €	-98.3%	3,3 k €	+808%	368,3 €	-83.0%	2,2 k €	-74.6%	8,5 k €		–		23,2 k €	+4.9%	22,2 k €	-47.9%	42,6 k €	+283653%	15 €	-99.7%	5 k €
Debts	93,2 k €	-51.1%	190,3 k €	-23.3%	248 k €	-7.2%	267,2 k €	+6.8%	250,3 k €	-85.0%	1,7 M €	+1.8%	1,6 M €	+0.0%	1,6 M €	+0.7%	1,6 M €	-5.3%	1,7 M €	-5.5%	1,8 M €	+59.7%	1,1 M €	+3.1%	1,1 M €	+4.1%	1,1 M €	-10.4%	1,2 M €	+4.6%	1,1 M €	-1.0%	1,1 M €
Other
Workforce	–		5,9 ETP	+11.3%	5,3 ETP	+8.2%	4,9 ETP	+8.9%	4,5 ETP	+2.3%	4,4 ETP	+4.8%	4,2 ETP	+7.7%	3,9 ETP	-2.5%	4,0 ETP	+17.6%	3,4 ETP	+13.3%	3,0 ETP	+30.4%	2,3 ETP	-8.0%	2,5 ETP	-46.8%	4,7 ETP	-2.1%	4,8 ETP	0.0%	4,8 ETP	-4.0%	5,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 11 ended

Active mandates

Jan Torfs

Director

Active

SPRENGERS - TORFS

Director · 0715.489.222

Represented by Koen Sprengers

Active

Viviane VERVAECK

Director

Active

Ended mandates

SPRENGERS - TORFS

Administrator - manager · since 01 janvier 2019 · 0715.489.222

Represented by Koen Sprengers

Ended

SPRENGERS - TORFS

Director · since 01 janvier 2019 · 0715.489.222

Represented by Koen SPRENGERS

Ended

SPRENGERS - TORFS

Director · since 01 janvier 2019 · 0715.489.222

Represented by SPRENGERS Koen

Ended

Jan TORFS

Director · since 14 mars 2003

Ended

At this address

Other companies at this address

Company	CBE no.
Metaalconstructie Léon TORFS● Active	0416.441.982
TORFS GROEP● Active	0834.408.351

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	20/07/2026	03/07/2025	16/07/2024	30/06/2023	13/07/2022	12/07/2021
General meeting	05/06/2026	06/06/2025	21/06/2024	02/06/2023	17/06/2022	18/06/2021
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	05/06/2026	20/07/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	16/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	13/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	12/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	29/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	25/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	12/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	06/07/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	13/08/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	21/08/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	15/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 11 ended

Active mandates

Jan Torfs

Director

Active

SPRENGERS - TORFS

Director · 0715.489.222

Represented by Koen Sprengers

Active

Viviane VERVAECK

Director

Active

Ended mandates

SPRENGERS - TORFS

Administrator - manager · since 01 janvier 2019 · 0715.489.222

Represented by Koen Sprengers

Ended

SPRENGERS - TORFS

Director · since 01 janvier 2019 · 0715.489.222

Represented by Koen SPRENGERS

Ended

SPRENGERS - TORFS

Director · since 01 janvier 2019 · 0715.489.222

Represented by SPRENGERS Koen

Ended

Jan TORFS

Director · since 14 mars 2003

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/09/2026
Ontslagen en benoemingen
PDF
Mandates08/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/12/2016
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares31/01/2007
KAPITAAL - AANDELEN
PDF
Mandates15/04/2003
ONTSLAGEN - BENOEMINGEN
PDF
Other24/03/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202528,6 k €↓
2024
Annual accounts 202428,8 k €↑
2023
Annual accounts 2023142,5 €↑
2022
Annual accounts 2022111,6 €↓
2021
Annual accounts 2021441,4 €↓
2018
Annual accounts 20182 k €↑
2017
Annual accounts 20171,8 k €↓
2016
Annual accounts 20163,9 k €↓
2014
Annual accounts 20145,5 k €↑
2013
Annual accounts 2013-2,3 k €↑
2012
Annual accounts 2012-4 k €↓
2011
Annual accounts 20116,3 k €↓
2010
Annual accounts 201046,1 k €↑
2009
Annual accounts 2009-71,2 k €↓
2008
Annual accounts 2008-47,4 k €↓
2007
Annual accounts 200762,2 €↓
2006
Annual accounts 20062,3 k €
14/03/2003
IncorporationPrivate 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

TORFS ENGINEERING

Overview

What does TORFS ENGINEERING do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

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