ACTIVE

Tvnrshgn

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Financial year 2025 · closed on 31/12/2025
Net result
229,0 k €
+118.5% YoY
Gross margin
381,7 k €
+67.1% YoY
Equity
18,6 k €
-86.7% YoY
Workforce
1,0 ETP
0.0% YoY

What does Tvnrshgn do?

Tvnrshgn is a Private limited company incorporated in 2018. Its main activity is: Computer programming activities. Its registered office is in Antwerpen. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0688.971.006
Incorporation
29/01/2018
Legal form
Private limited company
Registered office
Frans Birontlaan 85
2600 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities
Joint committees (1)
  • 200
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin381,7 k €228,4 k €284,3 k €122,4 k €116,9 k €46,2 k €12,3 k €7,4 k €
EBITDA326,0 k €150,7 k €220,1 k €84,8 k €60,2 k €32,5 k €11,1 k €5,2 k €
Operating result313,1 k €138,4 k €214,7 k €82,1 k €57,9 k €31,6 k €10,6 k €4,7 k €
Net result229,0 k €104,8 k €159,8 k €61,4 k €43,0 k €23,5 k €6,6 k €1,9 k €
Balance sheet
Equity18,6 k €139,5 k €308,5 k €148,7 k €87,3 k €44,4 k €20,9 k €14,3 k €
Total assets396,5 k €362,5 k €472,8 k €260,4 k €142,9 k €97,0 k €50,5 k €56,7 k €
Cash201,3 k €25,3 k €63,0 k €52,1 k €43,5 k €53,6 k €37,5 k €44,9 k €
Debts377,9 k €223,0 k €164,3 k €111,7 k €55,6 k €52,6 k €29,6 k €42,4 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 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 · 1 active · 2 ended

Active mandates

Thomas Van Orshaegen

Director

Active

Ended mandates

Thomas Van Orschaegen

Director

Ended
Thomas Van Orshaegen

Manager

Ended
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 date19/03/202631/07/202529/08/202429/09/202317/10/202230/07/2021
General meeting18/03/202630/06/202530/06/202430/06/202330/06/202230/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/03/202619/03/2026DutchPDF
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202330/06/202429/08/2024DutchPDF
Abridged model31/12/202230/06/202329/09/2023DutchPDF
Abridged model31/12/202130/06/202217/10/2022DutchPDF
Micro model31/12/202030/06/202130/07/2021DutchPDF
Micro model31/12/201923/06/202020/07/2020DutchPDF
Micro model31/12/201828/06/201924/07/2019DutchPDF
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 · 1 active · 2 ended

Active mandates

Thomas Van Orshaegen

Director

Active

Ended mandates

Thomas Van Orschaegen

Director

Ended
Thomas Van Orshaegen

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office31/05/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/06/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/04/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other31/01/2018
    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 2025229,0 k €↑
  2. 2024
    Annual accounts 2024104,8 k €↓
  3. 2023
    Annual accounts 2023159,8 k €↑
  4. 2022
    Annual accounts 202261,4 k €↑
  5. 2021
    Annual accounts 202143,0 k €↑
  6. 2020
    Annual accounts 202023,5 k €↑
  7. 2019
    Annual accounts 20196,6 k €↑
  8. 2018
    Annual accounts 20181,9 k €
  9. 29/01/2018
    IncorporationPrivate limited company