ACTIVE

TF HOLDING

Financial year 2025 · Closed on 31/12/2025

Net result
-19,4 k €
+47,4 %over 1 year
Gross margin
-12,5 k €
+65,4 %over 1 year
Equity
-86,2 k €
-29,1 %over 1 year

Identity

Source · BCE/KBO

TF HOLDING is a Private limited company incorporated in 2015. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0628.977.001
Incorporation
29/04/2015
Legal form
Private limited company
Registered office
Avenue Louise 209A
1050 Ixelles · BruxellesSee on map
Contributed capital
65 000,00 €
Latest accounts
31/12/2025

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20252024202320222022
Income statement
Gross margin-12,5 k €-36,2 k €-19,3 k €-9,8 k €2,8 k €
EBITDA-12,5 k €-36,2 k €-19,6 k €-10,4 k €-12,2 k €
Operating result-12,5 k €-36,2 k €-19,6 k €-10,4 k €-30,9 k €
Net result-19,4 k €-36,9 k €-23,4 k €-10,7 k €-34 k €
Balance sheet
Equity-86,2 k €-66,8 k €-29,9 k €-6,5 k €4,2 k €
Total assets188,4 k €178,8 k €208,9 k €163 k €4,2 k €
Cash28,4 k €14,8 k €24,2 k €1,9 k €3,4 k €
Debts274,5 k €245,5 k €238,8 k €169,5 k €–
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 11 ended

Active mandates

OPEN2MARKET

Director · since 31 décembre 2025 · until 30 juin 2031 · 0888.570.280

Represented by Timothy Mastelinck

Active
Alexis Murphy

Managing director · since 05 juillet 2023 · until 31 décembre 2025

Active

Ended mandates

Alexis Murphy

Managing director · since 05 juillet 2023 · until 28 juin 2028

Ended
Peter Thurston

Director · since 05 juillet 2023 · until 01 décembre 2023

Ended
Peter Thurston

Director · since 05 juillet 2023 · until 28 juin 2028

Ended
Pontus Lindwall

Director · since 05 juillet 2023 · until 01 décembre 2023

Ended

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Avenue Louise 209A 1050 Ixelles
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0735.641.664
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0836.004.594
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1035.894.969
ACP CONSTRUCT● Active
0756.982.357
ADA LOGISTICS● Active
0776.866.565
AET Services● Active
0563.638.789
AGA-CONS● Active
1011.677.138
ALDABRA● Active
1041.457.920
ALFA DEV● Active
0798.343.850
0687.550.945
0648.948.806
AMAVI● Bankrupt
0734.484.691
AMETHYST● Bankrupt
0707.970.831
Arcana● Active
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ARKON & NIKA GROUP● Liquidation
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0784.822.347
0803.386.365

Full financial information

Source · NBB
202520242023202220222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/07/202201/07/202101/07/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202230/06/202230/06/2021
Length of the financial year12 months12 months12 months6 months12 months12 months
Filing date20/07/202604/07/202504/07/202426/06/202331/01/202329/12/2021
General meeting29/06/202630/06/202528/06/202405/06/202326/12/202227/12/2021
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202620/07/2026FrenchPDF
Abridged model31/12/202430/06/202504/07/2025FrenchPDF
Abridged model31/12/202328/06/202404/07/2024FrenchPDF
Abridged model31/12/202205/06/202326/06/2023FrenchPDF
Abridged model30/06/202226/12/202231/01/2023FrenchPDF
Abridged model30/06/202127/12/202129/12/2021FrenchPDF
Abridged model30/06/202028/12/202031/01/2021FrenchPDF
Abridged model30/06/201930/12/201931/01/2020FrenchPDF
Abridged model30/06/201826/12/201805/02/2019FrenchPDF
Abridged model30/06/201726/12/201731/01/2018FrenchPDF
Abridged model30/06/201626/12/201625/01/2017FrenchPDF

Indicative valuation

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 · 11 ended

Active mandates

OPEN2MARKET

Director · since 31 décembre 2025 · until 30 juin 2031 · 0888.570.280

Represented by Timothy Mastelinck

Active
Alexis Murphy

Managing director · since 05 juillet 2023 · until 31 décembre 2025

Active

Ended mandates

Alexis Murphy

Managing director · since 05 juillet 2023 · until 28 juin 2028

Ended
Peter Thurston

Director · since 05 juillet 2023 · until 01 décembre 2023

Ended
Peter Thurston

Director · since 05 juillet 2023 · until 28 juin 2028

Ended
Pontus Lindwall

Director · since 05 juillet 2023 · until 01 décembre 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/08/2026
    Nomination commissaire - procuration
    PDF
  • Mandates29/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office28/10/2024
    SIEGE SOCIAL
    PDF
  • Mandates30/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other17/04/2024
    DIVERS
    PDF
  • Mandates25/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other13/07/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates04/07/2023
    DEMISSIONS, NOMINATIONS
    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 2025-19,4 k €↑
  2. 2024
    Annual accounts 2024-36,9 k €↓
  3. 2023
    Annual accounts 2023-23,4 k €↓
  4. 2022
    Annual accounts 2022-10,7 k €↑
  5. 2022
    Annual accounts 2022-34 k €↑
  6. 2022
    Name changeTF HOLDING
  7. 2021
    Annual accounts 2021-54 k €↑
  8. 2020
    Annual accounts 2020-227,3 k €↓
  9. 2019
    Annual accounts 2019-31,1 k €↓
  10. 2018
    Annual accounts 20182,8 k €↑
  11. 2017
    Annual accounts 2017-2,9 k €↓
  12. 2016
    Annual accounts 201616 k €
  13. 2016
    Name changePRESS AND WEB
  14. 29/04/2015
    IncorporationPrivate limited company