ACTIVE

TVF

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Financial year 2025 · closed on 31/12/2025
Net result
-8,3 k €
-1829.9% YoY
Gross margin
39,7 k €
-47.1% YoY
Equity
115 k €
-6.7% YoY

What does TVF do?

TVF is a Private limited company incorporated in 2019. Its registered office is in Herenthout.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0738.412.005
Incorporation
25/11/2019
Legal form
Private limited company
Registered office
Itegemse Steenweg 59
2270 Herenthout · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin39,7 k €74,9 k €63,1 k €59,5 k €46,1 k €169,3 k €
EBITDA28,8 k €58 k €53,4 k €51,2 k €38,5 k €165,8 k €
Operating result2,2 k €21,2 k €11,1 k €16 k €11,1 k €154,5 k €
Net result-8,3 k €479,7 €89 €7,6 k €3,6 k €111,3 k €
Balance sheet
Equity115 k €123,3 k €122,8 k €123,5 k €116,7 k €114,7 k €
Total assets287,3 k €336 k €367,3 k €326,8 k €340,8 k €251,7 k €
Cash29,9 k €66,5 k €27,7 k €32,4 k €22,6 k €13,7 k €
Debts172,2 k €208,7 k €244 k €203,3 k €216,7 k €135,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Francine Wouters

Director · since 25 novembre 2019

Active
Freya De Ceulaer

Director · since 25 novembre 2019

Active

Ended mandates

Bert Geerinckx

Director

Ended
Francine Wouters

Director

Ended
Freya De Ceulaer

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202127/11/2019
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 months14 months
Filing date07/08/202629/08/202508/08/202417/07/202330/08/202231/08/2021
General meeting29/06/202630/06/202524/06/202426/06/202327/06/202228/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/06/202607/08/2026DutchPDF
Micro model31/12/202430/06/202529/08/2025DutchPDF
Micro model31/12/202324/06/202408/08/2024DutchPDF
Micro model31/12/202226/06/202317/07/2023DutchPDF
Micro model31/12/202127/06/202230/08/2022DutchPDF
Abridged model31/12/202028/06/202131/08/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 3 ended

Active mandates

Francine Wouters

Director · since 25 novembre 2019

Active
Freya De Ceulaer

Director · since 25 novembre 2019

Active

Ended mandates

Bert Geerinckx

Director

Ended
Francine Wouters

Director

Ended
Freya De Ceulaer

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other27/11/2019
    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 2025-8,3 k €↓
  2. 2024
    Annual accounts 2024479,7 €↑
  3. 2023
    Annual accounts 202389 €↓
  4. 2022
    Annual accounts 20227,6 k €↑
  5. 2021
    Annual accounts 20213,6 k €↓
  6. 2020
    Annual accounts 2020111,3 k €
  7. 25/11/2019
    IncorporationPrivate limited company