ACTIVE

TRAINM Clinics

Financial year 2025 · closed on 31/12/2025
Net result
184,4 k €
-12.4% YoY
Gross margin
1,2 M €
+12.1% YoY
Equity
1,9 M €
+24.3% YoY
Workforce
2,9 ETP
+107.1% YoY

What does TRAINM Clinics do?

TRAINM Clinics is a Public limited company incorporated in 2016. Its registered office is in Antwerpen. It employs on average 2,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0647.651.083
Incorporation
29/01/2016
Legal form
Public limited company
Registered office
Quellinstraat 38
2018 Antwerpen · FlandreSee on map
Contributed capital
2 332 705,24 €
Latest accounts
31/12/2025
Average workforce
2,9 ETP
Joint committees (2)
  • 330
  • 33004
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182017
Income statement
Gross margin1,2 M €1,1 M €589 k €351,4 k €226,7 k €-307,7 k €-511,4 k €
EBITDA1,1 M €1 M €578,6 k €296,8 k €178,2 k €-364,8 k €-602,5 k €
Operating result459,7 k €449,2 k €237,8 k €30,2 k €-48,5 k €-560,8 k €-790,7 k €
Net result184,4 k €210,6 k €75,8 k €2,1 k €-58,4 k €-582,9 k €-813 k €
Balance sheet
Equity1,9 M €1,5 M €1,3 M €1,3 M €1,3 M €2,4 M €1,2 M €
Total assets10,7 M €9,6 M €8,7 M €4 M €2,9 M €4 M €2,7 M €
Cash1,8 M €1,5 M €996,8 k €707,9 k €766,2 k €1,3 M €495,1 k €
Debts8,4 M €7,8 M €7,2 M €2,7 M €1,6 M €1,5 M €1,3 M €
Other
Workforce2,9 ETP1,4 ETP0,0 ETP0,9 ETP1,0 ETP1,0 ETP1,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 29 ended

Active mandates

ERS Capital

Managing director · 0843.640.969

Represented by Edward SCHIETTECATTE

Active
Jürgen Ingels

Director

Active
Michael MAGLIANA

Director

Active
Participatiemaatschappij Vlaanderen

Director · 0455.777.660

Represented by Lieven DE JONGE

Active
Paul Boon

Director

Active
Stefan Jenny André Yee

Director

Active

Ended mandates

Participatiemaatschappij Vlaanderen

Director · since 31 janvier 2024 · 0455.777.660

Represented by Lieven De Jonge

Ended
Dokter Paul Boon, Neurologie

Director · since 14 juillet 2022 · until 14 juillet 2027 · 0820.253.378

Represented by Paul Boon

Ended
Michael Magliana

Director · since 14 juillet 2022 · until 14 juillet 2027

Ended
Dokter Paul Boon, Neurologie

Director · since 20 juin 2022 · until 17 juin 2028 · 0820.253.378

Represented by Paul BOON

Ended
At this address

Other companies at this address

CompanyCBE no.
Trainm FondsActive
0673.952.238
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date06/07/202628/07/202527/06/202414/06/202306/07/202227/07/2021
General meeting17/06/202617/06/202517/06/202401/06/202320/06/202230/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/06/202606/07/2026DutchPDF
Abridged model31/12/202417/06/202528/07/2025DutchPDF
Abridged model31/12/202317/06/202427/06/2024DutchPDF
Abridged model31/12/202201/06/202314/06/2023DutchPDF
Abridged model31/12/202120/06/202206/07/2022DutchPDF
Abridged model31/12/202030/06/202127/07/2021DutchPDF
Abridged model31/12/201925/08/202031/08/2020DutchPDF
Abridged model31/12/201827/06/201917/07/2019DutchPDF
Abridged model31/12/201726/12/201831/12/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 6 active · 29 ended

Active mandates

ERS Capital

Managing director · 0843.640.969

Represented by Edward SCHIETTECATTE

Active
Jürgen Ingels

Director

Active
Michael MAGLIANA

Director

Active
Participatiemaatschappij Vlaanderen

Director · 0455.777.660

Represented by Lieven DE JONGE

Active
Paul Boon

Director

Active
Stefan Jenny André Yee

Director

Active

Ended mandates

Participatiemaatschappij Vlaanderen

Director · since 31 janvier 2024 · 0455.777.660

Represented by Lieven De Jonge

Ended
Dokter Paul Boon, Neurologie

Director · since 14 juillet 2022 · until 14 juillet 2027 · 0820.253.378

Represented by Paul Boon

Ended
Michael Magliana

Director · since 14 juillet 2022 · until 14 juillet 2027

Ended
Dokter Paul Boon, Neurologie

Director · since 20 juin 2022 · until 17 juin 2028 · 0820.253.378

Represented by Paul BOON

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/06/2023
    BENAMING
    PDF
  • Mandates25/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/01/2021
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025184,4 k €
  2. 2024
    Annual accounts 2024210,6 k €
  3. 2023
    Annual accounts 202375,8 k €
  4. 2022
    Annual accounts 20222,1 k €
  5. 2022
    Name changeTRAINM Clinics
  6. 2021
    Annual accounts 2021-58,4 k €
  7. 2021
    Name changeTrainM
  8. 2018
    Annual accounts 2018-582,9 k €
  9. 2017
    Annual accounts 2017-813 k €
  10. 29/01/2016
    IncorporationPublic limited company