ACTIVE

Titanium Ruth Belgium Holdco

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Financial year 2025 · Closed on 30/09/2025

Net result-1,1 M €-345,4 %over 1 year
Gross margin-46,4 k €+2,5 %over 1 year
Equity32,5 M €-3,2 %over 1 year

Identity

Source · BCE/KBO

Titanium Ruth Belgium Holdco is a Public limited company incorporated in 2018. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0711.908.140
Incorporation
19/10/2018
Legal form
Public limited company
Registered office
Avenue Louise 65 box 1
1050 Ixelles · BruxellesSee on map
Contributed capital
34 887 200,00 €
Latest accounts
30/09/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin-46,4 k €-47,6 k €-49,2 k €-49,6 k €-41 k €
EBITDA-47,4 k €-48,5 k €-50,1 k €-49,6 k €-41 k €
Operating result-47,4 k €-48,5 k €-50,1 k €-49,6 k €-41 k €
Net result-1,1 M €442,5 k €218,6 k €104,5 k €-337,1 k €
Balance sheet
Equity32,5 M €33,5 M €33,1 M €32,9 M €32,8 M €
Total assets59,4 M €59,5 M €59,6 M €60,2 M €60,1 M €
Cash76,6 k €132,8 k €186,4 k €144,5 k €97 k €
Debts26 M €26 M €26 M €26 M €26 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 13 ended

Active mandates

IQ EQ Holdings (Belgium)

Director · since 28 mai 2024 · until 28 mai 2030 · 0898.016.793

Represented by Laurent DASSONVILLE

Active
N-Bel

Director · since 28 mai 2024 · until 28 mai 2030 · 0805.698.826

Represented by Abdelilah AÏT-AHMAD

Active
Philip Anthony REDDING

Director · since 21 septembre 2022 · until 10 mars 2025

Active

Ended mandates

Philip Anthony REDDING

Director · since 21 septembre 2022 · until 21 septembre 2028

Ended
Joannes Raphaël Maria van de KIMMENADE

Director · since 30 septembre 2021 · until 28 mai 2024

Ended
Joannes Raphaël Maria van de KIMMENADE

Director · since 30 septembre 2021 · until 30 septembre 2027

Ended
Marco Antoine Alphonsine DUBOIS

Director · since 30 septembre 2021 · until 28 mai 2024

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202617/07/202524/04/202429/03/202306/05/202221/04/2021
General meeting30/06/202630/04/202526/03/202428/03/202322/03/202223/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202530/06/202628/07/2026DutchPDF
Abridged model30/09/202430/04/202517/07/2025DutchPDF
Abridged model30/09/202326/03/202424/04/2024DutchPDF
Abridged model30/09/202228/03/202329/03/2023DutchPDF
Abridged model30/09/202122/03/202206/05/2022DutchPDF
Abridged model30/09/202023/03/202121/04/2021DutchPDF
Abridged model30/09/201924/03/202012/05/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 13 ended

Active mandates

IQ EQ Holdings (Belgium)

Director · since 28 mai 2024 · until 28 mai 2030 · 0898.016.793

Represented by Laurent DASSONVILLE

Active
N-Bel

Director · since 28 mai 2024 · until 28 mai 2030 · 0805.698.826

Represented by Abdelilah AÏT-AHMAD

Active
Philip Anthony REDDING

Director · since 21 septembre 2022 · until 10 mars 2025

Active

Ended mandates

Philip Anthony REDDING

Director · since 21 septembre 2022 · until 21 septembre 2028

Ended
Joannes Raphaël Maria van de KIMMENADE

Director · since 30 septembre 2021 · until 28 mai 2024

Ended
Joannes Raphaël Maria van de KIMMENADE

Director · since 30 septembre 2021 · until 30 septembre 2027

Ended
Marco Antoine Alphonsine DUBOIS

Director · since 30 septembre 2021 · until 28 mai 2024

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/03/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Registered office28/10/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 17/12/2025
    nominationDELOITTE Bedrijfsrevisoren — commissaris
  2. 17/12/2025
    nominationJo Van Baelen — vaste vertegenwoordiger
  3. 2025
    Annual accounts 2025-1,1 M €↓
  4. 2024
    Annual accounts 2024442,5 k €↑
  5. 28/05/2024
    nominationLaurent Dassonville — vaste vertegenwoordiger (bestuurder IQ EQ Holdings (Belgium) SA)
  6. 28/05/2024
    nominationAbdelilah Aït-Ahmad — vaste vertegenwoordiger (bestuurder N-Bel BV)
  7. 2024
    Name changeTitanium Ruth Belgium Holdco
  8. 2023
    Annual accounts 2023218,6 k €↑
  9. 2022
    Annual accounts 2022104,5 k €↑
  10. 22/03/2022
    reconductionJeroen Trumpener — commissaris
  11. 2021
    Annual accounts 2021-337,1 k €↑
  12. 2020
    Annual accounts 2020-462,8 k €↑
  13. 2019
    Annual accounts 2019-1,3 M €
  14. 2019
    Name changeTritax Eurobox (Belgium) Holdco
  15. 19/10/2018
    IncorporationPublic limited company