ACTIVE

TREHUS

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Financial year 2025 · closed on 31/12/2025

Net result

41 k €

-35.0% YoY

Gross margin

190,3 k €

-13.5% YoY

Equity

550,1 k €

-1.6% YoY

Workforce

1,0 ETP

0.0% YoY

What does TREHUS do?

TREHUS is a Private limited company incorporated in 2016. Its main activity is: Construction of buildings. Its registered office is in Aalter. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0650.820.411

Incorporation

29/03/2016

Legal form

Private limited company

Registered office

Hoekestraat 89A
9910 Aalter · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

41001Construction of buildings· main 41003Construction of buildings 41201Construction of residential and non-residential buildings 41203Construction of residential and non-residential buildings 43410Specialised construction activities 43910Roofing activities

Joint committees (2)

124002
200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Gross margin	190,3 k €	-13.5%	220 k €	+3.2%	213,2 k €	+2.1%	208,8 k €	+29.3%	161,5 k €	-5.6%	171,1 k €	+7.0%	159,9 k €	+33.7%	119,6 k €	+179%	42,9 k €	+535%	6,7 k €
EBITDA	129,2 k €	-18.9%	159,4 k €	-19.3%	197,4 k €	-4.3%	206,2 k €	+29.8%	158,8 k €	-0.0%	158,9 k €	+9.7%	144,8 k €	+22.7%	118 k €	+192%	40,4 k €	+614%	5,7 k €
Operating result	60,4 k €	-32.2%	89,2 k €	-42.3%	154,5 k €	-15.0%	181,7 k €	+36.3%	133,3 k €	+4.2%	127,9 k €	+22.0%	104,9 k €	+9.0%	96,2 k €	+348%	21,5 k €	+1025%	-2,3 k €
Net result	41 k €	-35.0%	63 k €	-45.3%	115,2 k €	-20.0%	144,1 k €	+40.9%	102,2 k €	+3.6%	98,6 k €	+22.8%	80,3 k €	+7.0%	75,1 k €	+409%	14,7 k €	+620%	-2,8 k €
Balance sheet
Equity	550,1 k €	-1.6%	559,1 k €	+12.7%	496,1 k €	+30.3%	380,8 k €	+60.8%	236,8 k €	+0.9%	234,6 k €	+26.2%	185,9 k €	+76.1%	105,6 k €	+246%	30,5 k €	+93.4%	15,8 k €
Total assets	818,4 k €	-0.6%	823,5 k €	-3.7%	855,5 k €	+3.0%	830,8 k €	+31.7%	630,7 k €	+49.1%	422,9 k €	+28.3%	329,7 k €	+62.2%	203,2 k €	+99.3%	102 k €	-8.4%	111,4 k €
Cash	49,8 k €	-61.5%	129,3 k €	+29.5%	99,8 k €	-24.3%	131,9 k €	+11.1%	118,7 k €	+10.2%	107,7 k €	+8.7%	99,1 k €	+78.2%	55,6 k €	+995%	5,1 k €	-92.8%	70,5 k €
Debts	257,3 k €	-2.6%	264,3 k €	-19.2%	326,9 k €	-27.3%	449,9 k €	+14.2%	393,9 k €	+110%	187,6 k €	+30.5%	143,8 k €	+71.8%	83,7 k €	+17.1%	71,5 k €	-25.2%	95,6 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP		–		–		0,2 ETP	-33.3%	0,3 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Tom Vandewalle

Director · since 23 février 2024

Active

Ended mandates

Tom Vandewalle

Director · since 29 mars 2016

Ended

Tom Vandewalle

Director · since 24 mars 2016

Ended

TOM VANDEWALLE

Director

Ended

TOM VANDEWALLE

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
T&I VASTGOED● Active	0692.732.527

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	31/08/2026	25/07/2025	26/07/2024	22/06/2023	15/07/2022	23/07/2021
General meeting	30/06/2026	30/06/2025	27/06/2024	05/06/2023	22/06/2022	30/06/2021
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	27/06/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	22/06/2023	Dutch	PDF
Abridged model	31/12/2021	22/06/2022	15/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	25/06/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	27/06/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	29/06/2018	Dutch	PDF
Micro model	31/12/2016	17/06/2017	23/06/2017	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

Tom Vandewalle

Director · since 23 février 2024

Active

Ended mandates

Tom Vandewalle

Director · since 29 mars 2016

Ended

Tom Vandewalle

Director · since 24 mars 2016

Ended

TOM VANDEWALLE

Director

Ended

TOM VANDEWALLE

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office05/01/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/03/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2017
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other31/03/2016
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 202541 k €↓
2024
Annual accounts 202463 k €↓
2023
Annual accounts 2023115,2 k €↓
2022
Annual accounts 2022144,1 k €↑
2021
Annual accounts 2021102,2 k €↑
2020
Annual accounts 202098,6 k €↑
2019
Annual accounts 201980,3 k €↑
2018
Annual accounts 201875,1 k €↑
2017
Annual accounts 201714,7 k €↑
2016
Annual accounts 2016-2,8 k €
29/03/2016
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

TREHUS

Overview

What does TREHUS do?

Trend over 10 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