ACTIVE

TMVS

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Financial year 2025 · closed on 31/12/2025

Net result

179,7 k €

-31.0% YoY

Gross margin

334,8 k €

-28.3% YoY

Equity

1,8 M €

+10.9% YoY

What does TMVS do?

TMVS is a Private limited company incorporated in 2015. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0629.897.610

Incorporation

08/05/2015

Legal form

Private limited company

Registered office

Rue du Congrès 35
1000 Bruxelles · BruxellesSee on map

Contributed capital

6 324,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	334,8 k €	-28.3%	467,2 k €	-43.7%	829,3 k €	+28.4%	646 k €	+390%	131,7 k €	-54.9%	292 k €	+153%	115,2 k €	+446%	21,1 k €	-68.6%	67,3 k €	+123%	30,2 k €	+39.7%	21,6 k €
EBITDA	327,3 k €	-28.8%	459,4 k €	-44.3%	825,2 k €	+29.1%	639 k €	+411%	125,1 k €	-56.8%	289,8 k €	+158%	112,3 k €	+527%	17,9 k €	-66.9%	54 k €	+94.4%	27,8 k €	+38.5%	20,1 k €
Operating result	276,1 k €	-30.5%	397,3 k €	-44.6%	716,5 k €	+18.1%	606,7 k €	+503%	100,6 k €	-62.5%	268,4 k €	+191%	92,1 k €	+2007%	4,4 k €	-89.3%	40,8 k €	+164%	15,4 k €	+38.7%	11,1 k €
Net result	179,7 k €	-31.0%	260,5 k €	-56.1%	594 k €	+37.0%	433,5 k €	+550%	66,7 k €	-63.5%	183 k €	+185%	64,2 k €	+31493%	203,2 €	-99.2%	26,2 k €	+216%	8,3 k €	+45.8%	5,7 k €
Balance sheet
Equity	1,8 M €	+10.9%	1,6 M €	+18.8%	1,4 M €	+74.8%	794,1 k €	+120%	360,6 k €	+22.7%	293,9 k €	+165%	110,9 k €	+137%	46,7 k €	+0.4%	46,5 k €	+129%	20,3 k €	+69.0%	12 k €
Total assets	2,4 M €	+7.0%	2,2 M €	+15.8%	1,9 M €	+103%	942,2 k €	+68.4%	559,6 k €	+14.9%	487 k €	+68.9%	288,4 k €	+36.5%	211,3 k €	-6.8%	226,6 k €	+97.8%	114,5 k €	+16.4%	98,4 k €
Cash	1,7 M €	+195%	561,4 k €	+0.7%	557,6 k €	-20.7%	703,6 k €	+72.1%	408,8 k €	-3.8%	424,9 k €	+107%	205,7 k €	+22.1%	168,5 k €	-4.3%	176,1 k €	+84.4%	95,5 k €	+32.4%	72,1 k €
Debts	545,7 k €	-4.1%	569,3 k €	+7.9%	527,6 k €	+256%	148,2 k €	-20.4%	186,2 k €	+3.3%	180,3 k €	+3.4%	174,4 k €	+16.6%	149,6 k €	-6.1%	159,2 k €	+74.3%	91,3 k €	+57.5%	58 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

THOMAS MONTAUBAN VAN SWIJNDREGT

Director

Active

Ended mandates

CHRISTINE GUILY

Associate

Ended

THOMAS MONTAUBAN VAN SWIJNDREGT

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	18/09/2026	16/09/2026	31/08/2024	31/08/2023	31/08/2022	06/12/2021
General meeting	16/09/2026	19/09/2025	23/08/2024	31/07/2023	26/08/2022	30/09/2021
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	16/09/2026	18/09/2026	Dutch	PDF
Micro model	31/12/2024	19/09/2025	16/09/2026	Dutch	PDF
Micro model	31/12/2023	23/08/2024	31/08/2024	Dutch	PDF
Micro model	31/12/2022	31/07/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	26/08/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	30/09/2021	06/12/2021	Dutch	PDF
Micro model	31/12/2019	13/11/2020	20/11/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	30/11/2018	Dutch	PDF
Micro model	31/12/2016	22/09/2017	30/11/2017	Dutch	PDF
Abridged model	31/12/2015	16/09/2016	06/10/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 1 active · 2 ended

Active mandates

THOMAS MONTAUBAN VAN SWIJNDREGT

Director

Active

Ended mandates

CHRISTINE GUILY

Associate

Ended

THOMAS MONTAUBAN VAN SWIJNDREGT

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office31/07/2019
MAATSCHAPPELIJKE ZETEL
PDF
Registered office06/05/2016
MAATSCHAPPELIJKE ZETEL
PDF
Other12/05/2015
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 2025179,7 k €↓
2024
Annual accounts 2024260,5 k €↓
2023
Annual accounts 2023594 k €↑
2022
Annual accounts 2022433,5 k €↑
2021
Annual accounts 202166,7 k €↓
2020
Annual accounts 2020183 k €↑
2019
Annual accounts 201964,2 k €↑
2018
Annual accounts 2018203,2 €↓
2017
Annual accounts 201726,2 k €↑
2016
Annual accounts 20168,3 k €↑
2015
Annual accounts 20155,7 k €
08/05/2015
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

TMVS

Overview

What does TMVS do?

Trend over 11 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