ACTIVE

TCA RAIL

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Financial year 2025 · Closed on 31/12/2025

Net result70 k €+113,7 %over 1 year
Revenue5,4 M €+235,8 %over 1 year
Equity507,2 k €+4,0 %over 1 year
Workforce9,4 ETP+154,1 %over 1 year

Identity

Source · BCE/KBO

TCA RAIL is a Public limited company incorporated in 2023. Its main activity is: Freight rail transport. Its registered office is in Aubange. It employs on average 9,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0798.192.511
Incorporation
07/02/2023
Legal form
Public limited company
Registered office
Rue du Terminal - ATHUS 13
6791 Aubange · WallonieSee on map
Contributed capital
1 500 000,00 €
Latest accounts
31/12/2025
Average workforce
9,4 ETP
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 3 filings

Trend over 2 financial years

20252023
Income statement
Revenue5,4 M €1,6 M €
EBITDA195,4 k €-436,2 k €
Operating result94,1 k €-507 k €
Net result70 k €-512,4 k €
Balance sheet
Equity507,2 k €487,6 k €
Total assets1,5 M €941,8 k €
Cash892 k €102,9 k €
Debts966,9 k €450,9 k €
Other
Workforce9,4 ETP3,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Koen Vanspringel Consulting0819.404.332Represented by Koen Vanspringel
Director03/07/2025 → 19/05/2026
COFINPAR0444.325.227Represented by Laurent Collin
Director06/02/2023 → 19/05/2026
Jean Dediste
Director06/02/2023 → 19/05/2026
Johan Gemels
Director06/02/2023 → 19/05/2026
SOCIETE LUXEMBOURGEOISE DE GESTION ET DE PARTICIPATION0462.361.188Represented by Fabian Collard
Director06/02/2023 → 19/05/2026

Other companies at this address

Rue du Terminal - ATHUS 13 6791 Aubange
CompanyCBE no.
TERMINAL ATHUS● Active
0419.149.074

Full financial information

Source · NBB
202520242023
Type of accountFull modelFull modelFull model
Start of the financial year01/01/202501/01/202406/02/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months11 months
Filing date10/06/202613/06/202522/05/2024
General meeting28/04/202622/04/202523/04/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/04/202610/06/2026FrenchPDF
Full model31/12/202422/04/202513/06/2025FrenchPDF
Full model31/12/202323/04/202422/05/2024FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Koen Vanspringel Consulting0819.404.332Represented by Koen Vanspringel
Director03/07/2025 → 19/05/2026
COFINPAR0444.325.227Represented by Laurent Collin
Director06/02/2023 → 19/05/2026
Jean Dediste
Director06/02/2023 → 19/05/2026
Johan Gemels
Director06/02/2023 → 19/05/2026
SOCIETE LUXEMBOURGEOISE DE GESTION ET DE PARTICIPATION0462.361.188Represented by Fabian Collard
Director06/02/2023 → 19/05/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other24/07/2026
    Renouvellement du Conseil d'administration - Renouvellement du mandat
    PDF
  • Mandates24/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares03/05/2024
    CAPITAL, ACTIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates23/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other09/02/2023
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings2 filings
Mandates
Koen Vanspringel Consulting
COFINPAR
SOCIETE LUXEMBOURGEOISE DE GESTION ET DE PARTICIPATION
Johan Gemels
Jean Dediste
2023202420252026
TCA RAIL
Rue du Terminal - ATHUS 13, 6791 Athus
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue du Terminal - ATHUS 13, 6791 AthusCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00169903

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
TCA RAILCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00169903

Events

  1. 2025
    Annual accounts 202570 k €↑
  2. 2023
    Annual accounts 2023-512,4 k €
  3. 07/02/2023
    IncorporationPublic limited company