ACTIVE

TMC Science & Technology

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Financial year 2025 · closed on 31/12/2025
Net result
4,1 M €
-3.3% YoY
Revenue
41,8 M €
+0.0% YoY
Equity
3 M €
-74.1% YoY
Workforce
324,5 ETP
-2.6% YoY

What does TMC Science & Technology do?

TMC Science & Technology is a Public limited company incorporated in 2014. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Zaventem. It employs on average 324,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0544.895.718
Incorporation
30/01/2014
Legal form
Public limited company
Registered office
Da Vincilaan 11
1930 Zaventem · FlandreSee on map
Contributed capital
2 687 670,50 €
Latest accounts
31/12/2025
Average workforce
324,5 ETP
Activities (NACE)
72109Research and experimental development on natural sciences and engineering· main72190Other research and experimental development on natural sciences and engineering78100Activities of employment placement agencies78100Activities of employment placement agencies
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201920182017201620152014
Income statement
Revenue41,8 M €41,8 M €36,8 M €29 M €23,5 M €16,7 M €15,3 M €11,6 M €6,4 M €3,1 M €467,6 k €
EBITDA6 M €6,5 M €5,9 M €4,6 M €4,2 M €2 M €2,7 M €1,6 M €757,2 k €-258,6 k €-567 k €
Operating result5,8 M €6,4 M €5,9 M €4,6 M €4,2 M €2 M €2,7 M €1,6 M €720,1 k €-293,8 k €-574,4 k €
Net result4,1 M €4,3 M €4,2 M €3,4 M €3 M €1,3 M €1,8 M €966,9 k €618,4 k €-316,3 k €-580,1 k €
Balance sheet
Equity3 M €11,6 M €5,8 M €11,6 M €8,3 M €3,2 M €2,9 M €1,2 M €472 k €-146,3 k €-561,1 k €
Total assets24 M €19,4 M €15,5 M €16,8 M €11,7 M €6,7 M €5,7 M €3,9 M €2,8 M €1,5 M €529,2 k €
Cash381,5 k €1,7 M €1,9 M €1,7 M €2,9 M €1,6 M €533,8 k €596,1 k €245,1 k €378,6 k €52 k €
Debts20,8 M €7,7 M €9,6 M €5,1 M €3,4 M €3,4 M €2,8 M €2,6 M €2,1 M €1,4 M €1 M €
Other
Workforce324,5 ETP333,3 ETP293,5 ETP238,6 ETP200,3 ETP152,6 ETP138,2 ETP107,6 ETP60,8 ETP32,4 ETP9,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

CEJEMO

Managing director · since 28 mai 2020 · until 28 mai 2032 · 0891.795.135

Represented by Emmanuel Mottrie

Active
Rogier van Beek

Director · since 28 mai 2020 · until 28 mai 2032

Active

Ended mandates

CEJEMO

Managing director · since 28 mai 2020 · until 28 mai 2026 · 0891.795.135

Represented by Emmanuel Mottrie

Ended
Rogier Van Beek

Director · since 28 mai 2020 · until 28 mai 2026

Ended
CEJEMO

Managing director · since 30 mars 2015 · until 18 juin 2020 · 0891.795.135

Represented by Emmanuel Mottrie

Ended
CEJEMO

Managing director · since 30 mars 2015 · until 28 mai 2020 · 0891.795.135

Represented by Emmanuel Mottrie

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 date09/07/202630/08/202526/08/202427/06/202328/07/202224/06/2021
General meeting26/06/202629/08/202521/08/202426/06/202330/06/202227/05/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202609/07/2026DutchPDF
Full model31/12/202429/08/202530/08/2025DutchPDF
Full model31/12/202321/08/202426/08/2024DutchPDF
Full model31/12/202226/06/202327/06/2023DutchPDF
Full model31/12/202130/06/202228/07/2022DutchPDF
Full model31/12/202027/05/202124/06/2021DutchPDF
Full model31/12/201918/06/202013/07/2020DutchPDF
Full model31/12/201831/05/201925/06/2019DutchPDF
Full model31/12/201729/06/201811/07/2018DutchPDF
Full model31/12/201630/06/201724/07/2017DutchPDF
Full model31/12/201530/06/201630/08/2016DutchPDF
Full model31/12/201428/05/201524/06/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 10 ended

Active mandates

CEJEMO

Managing director · since 28 mai 2020 · until 28 mai 2032 · 0891.795.135

Represented by Emmanuel Mottrie

Active
Rogier van Beek

Director · since 28 mai 2020 · until 28 mai 2032

Active

Ended mandates

CEJEMO

Managing director · since 28 mai 2020 · until 28 mai 2026 · 0891.795.135

Represented by Emmanuel Mottrie

Ended
Rogier Van Beek

Director · since 28 mai 2020 · until 28 mai 2026

Ended
CEJEMO

Managing director · since 30 mars 2015 · until 18 juin 2020 · 0891.795.135

Represented by Emmanuel Mottrie

Ended
CEJEMO

Managing director · since 30 mars 2015 · until 28 mai 2020 · 0891.795.135

Represented by Emmanuel Mottrie

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares02/01/2025
    KAPITAAL - AANDELEN
    PDF
  • Other31/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office30/07/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/06/2020
    DIVERSEN
    PDF
  • Mandates18/07/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - 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

Timeline

  1. 2025
    Annual accounts 20254,1 M €↓
  2. 2024
    Annual accounts 20244,3 M €↑
  3. 2023
    Annual accounts 20234,2 M €↑
  4. 2022
    Annual accounts 20223,4 M €↑
  5. 2021
    Annual accounts 20213 M €↑
  6. 2019
    Annual accounts 20191,3 M €↓
  7. 2018
    Annual accounts 20181,8 M €↑
  8. 2017
    Annual accounts 2017966,9 k €↑
  9. 2016
    Annual accounts 2016618,4 k €↑
  10. 2015
    Annual accounts 2015-316,3 k €↑
  11. 2014
    Annual accounts 2014-580,1 k €
  12. 30/01/2014
    IncorporationPublic limited company