ACTIVE

TSO GROUP BELGIUM

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Financial year 2025 · closed on 31/12/2025
Net result
336,4 k €
+99.5% YoY
Gross margin
185,2 k €
+22.1% YoY
Equity
961,9 k €
+53.8% YoY

What does TSO GROUP BELGIUM do?

TSO GROUP BELGIUM is a Public limited company incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Rixensart.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0659.962.066
Incorporation
28/07/2016
Legal form
Public limited company
Registered office
Avenue Franklin Roosevelt 104 box 5
1330 Rixensart · WallonieSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin185,2 k €151,7 k €148,4 k €178,9 k €173,4 k €115,2 k €140,8 k €151,2 k €177 k €
EBITDA184,2 k €150,7 k €147,5 k €178 k €172,6 k €114,3 k €139,9 k €150,9 k €176,3 k €
Operating result140,3 k €149,4 k €147,1 k €177,8 k €172,6 k €114,3 k €139,9 k €150,9 k €176,3 k €
Net result336,4 k €168,6 k €192,1 k €87,3 k €98,5 k €79,7 k €104,1 k €109,3 k €104,4 k €
Balance sheet
Equity961,9 k €625,5 k €456,9 k €264,8 k €177,5 k €78,9 k €79,2 k €75,1 k €65,9 k €
Total assets1,7 M €1,6 M €1,6 M €1,6 M €1,6 M €1,3 M €1,3 M €1,2 M €1,2 M €
Cash89,2 k €24,7 k €16,5 k €24,2 k €21,9 k €1,4 k €4,2 k €12,7 k €11,3 k €
Debts712,3 k €983,7 k €1,1 M €1,3 M €1,4 M €1,2 M €1,2 M €1,1 M €1,1 M €
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 · 2 active · 5 ended

Active mandates

Arnaud Dotremont

Director · since 20 mai 2022 · until 19 mai 2028

Active
Caroline Sorel

Director · since 20 mai 2022 · until 19 mai 2028

Active

Ended mandates

Caroline Sorel

Director · since 30 novembre 2018 · until 29 novembre 2024

Ended
Patrick Sorel

Managing director · since 30 novembre 2018 · until 29 novembre 2024

Ended
KOULIN SA de droit Luxembourgeois

Director · since 05 décembre 2016 · until 20 mai 2022

Ended
TSO GROUP SA de droit Luxembourgeois

Director · since 05 décembre 2016 · until 20 mai 2022

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date07/08/202615/07/202528/06/202421/06/202329/07/202226/08/2021
General meeting21/05/202615/05/202516/05/202418/05/202319/05/202220/05/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202521/05/202607/08/2026FrenchPDF
Micro model31/12/202415/05/202515/07/2025FrenchPDF
Micro model31/12/202316/05/202428/06/2024FrenchPDF
Micro model31/12/202218/05/202321/06/2023FrenchPDF
Micro model31/12/202119/05/202229/07/2022FrenchPDF
Micro model31/12/202020/05/202126/08/2021FrenchPDF
Micro model31/12/201921/05/202031/08/2020FrenchPDF
Abridged model31/12/201816/05/201918/07/2019FrenchPDF
Abridged model31/12/201717/05/201831/07/2018FrenchPDF
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 · 2 active · 5 ended

Active mandates

Arnaud Dotremont

Director · since 20 mai 2022 · until 19 mai 2028

Active
Caroline Sorel

Director · since 20 mai 2022 · until 19 mai 2028

Active

Ended mandates

Caroline Sorel

Director · since 30 novembre 2018 · until 29 novembre 2024

Ended
Patrick Sorel

Managing director · since 30 novembre 2018 · until 29 novembre 2024

Ended
KOULIN SA de droit Luxembourgeois

Director · since 05 décembre 2016 · until 20 mai 2022

Ended
TSO GROUP SA de droit Luxembourgeois

Director · since 05 décembre 2016 · until 20 mai 2022

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring18/08/2025
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring30/05/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Mandates03/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/12/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/01/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Other01/08/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025336,4 k €↑
  2. 2024
    Annual accounts 2024168,6 k €↓
  3. 2023
    Annual accounts 2023192,1 k €↑
  4. 2022
    Annual accounts 202287,3 k €↓
  5. 2021
    Annual accounts 202198,5 k €↑
  6. 2020
    Annual accounts 202079,7 k €↓
  7. 2019
    Annual accounts 2019104,1 k €↓
  8. 2018
    Annual accounts 2018109,3 k €↑
  9. 2017
    Annual accounts 2017104,4 k €
  10. 28/07/2016
    IncorporationPublic limited company