ACTIVE

Tricore

Financial year 2025 · closed on 31/12/2025
Net result
473,4 k €
+106.0% YoY
Gross margin
1,6 M €
+59.6% YoY
Equity
938,8 k €
+101.7% YoY
Workforce
12,9 ETP
+44.9% YoY

What does Tricore do?

Tricore is a Private limited company incorporated in 2017. Its main activity is: Computer programming activities. Its registered office is in Hasselt. It employs on average 12,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0680.715.811
Incorporation
05/09/2017
Legal form
Private limited company
Registered office
Kuringersteenweg 304 box 4
3500 Hasselt · FlandreSee on map
Contributed capital
15 000,00 €
Latest accounts
31/12/2025
Average workforce
12,9 ETP
Joint committees (1)
  • 200
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin1,6 M €996,1 k €683,6 k €490,2 k €420,1 k €224,4 k €96,8 k €53,5 k €
EBITDA704,3 k €374,5 k €89 k €101,8 k €163,1 k €72,8 k €57,1 k €51,7 k €
Operating result657,6 k €329,9 k €46,1 k €65,1 k €131,1 k €53,1 k €39 k €30,5 k €
Net result473,4 k €229,8 k €17,2 k €38,6 k €89,8 k €36,9 k €27,5 k €21,1 k €
Balance sheet
Equity938,8 k €465,4 k €235,6 k €218,4 k €179,8 k €90 k €53,1 k €25,6 k €
Total assets1,2 M €794,4 k €464,8 k €427,1 k €395,3 k €331,6 k €295,5 k €94,1 k €
Cash383 k €104,6 k €69,8 k €155,6 k €54 k €174,6 k €29,1 k €66,8 k €
Debts232,4 k €327,7 k €229,2 k €208,6 k €215,5 k €241,6 k €237,3 k €67,7 k €
Other
Workforce12,9 ETP8,9 ETP8,9 ETP6,6 ETP4,9 ETP
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 · 3 active · 12 ended

Active mandates

CURAGO

Director · since 01 octobre 2021 · 0774.612.108

Represented by Robin Wauters

Active
DE-MO

Director · since 01 octobre 2021 · 0774.615.571

Represented by Stijn Derison

Active
LAYER9

Director · since 01 octobre 2021 · 0774.613.789

Represented by Jonas Camps

Active

Ended mandates

CURAGO

Director · since 01 octobre 2021 · 0774.612.108

Ended
DE-MO

Director · since 01 octobre 2021 · 0774.615.571

Ended
LAYER9

Director · since 01 octobre 2021 · 0774.613.789

Ended
Jonas Camps

Director · since 05 septembre 2017 · until 01 octobre 2021

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date24/06/202607/07/202528/06/202424/07/202306/07/202227/07/2021
General meeting04/05/202602/05/202503/05/202405/05/202306/05/202207/05/2021
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
Abridged model31/12/202504/05/202624/06/2026DutchPDF
Abridged modelCorrection31/12/202402/05/202507/07/2025DutchPDF
Abridged model31/12/202402/05/202526/06/2025DutchPDF
Abridged model31/12/202303/05/202428/06/2024DutchPDF
Abridged model31/12/202205/05/202324/07/2023DutchPDF
Abridged model31/12/202106/05/202206/07/2022DutchPDF
Micro model31/12/202007/05/202127/07/2021DutchPDF
Micro model31/12/201904/05/202030/06/2020DutchPDF
Micro model31/12/201803/05/201924/06/2019DutchPDF
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 · 3 active · 12 ended

Active mandates

CURAGO

Director · since 01 octobre 2021 · 0774.612.108

Represented by Robin Wauters

Active
DE-MO

Director · since 01 octobre 2021 · 0774.615.571

Represented by Stijn Derison

Active
LAYER9

Director · since 01 octobre 2021 · 0774.613.789

Represented by Jonas Camps

Active

Ended mandates

CURAGO

Director · since 01 octobre 2021 · 0774.612.108

Ended
DE-MO

Director · since 01 octobre 2021 · 0774.615.571

Ended
LAYER9

Director · since 01 octobre 2021 · 0774.613.789

Ended
Jonas Camps

Director · since 05 septembre 2017 · until 01 octobre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/12/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other07/09/2017
    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

Timeline

  1. 2025
    Annual accounts 2025473,4 k €
  2. 2024
    Annual accounts 2024229,8 k €
  3. 2023
    Annual accounts 202317,2 k €
  4. 2022
    Annual accounts 202238,6 k €
  5. 2021
    Annual accounts 202189,8 k €
  6. 2020
    Annual accounts 202036,9 k €
  7. 2019
    Annual accounts 201927,5 k €
  8. 2018
    Annual accounts 201821,1 k €
  9. 05/09/2017
    IncorporationPrivate limited company