ACTIVE

TPF REAL ESTATE

Financial year 2025 · Closed on 31/12/2025

Net result
-1,2 k €
-9,1 %over 1 year
Gross margin
-152,7 €
-79,4 %over 1 year
Equity
1,4 M €
-0,1 %over 1 year

Identity

Source · BCE/KBO

TPF REAL ESTATE is a Public limited company incorporated in 2008. Its registered office is in Forest.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0806.715.841
Incorporation
30/09/2008
Legal form
Public limited company
Registered office
Avenue de Haveskercke 46
1190 Forest · BruxellesSee on map
Contributed capital
1 312 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 17 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin-152,7 €-85,1 €-84,8 €-75,9 €-73 €
EBITDA-1,2 k €-1,1 k €-1 k €-943,9 €-941 €
Operating result-1,2 k €-1,1 k €-1 k €-943,9 €-941 €
Net result-1,2 k €-1,1 k €-1,1 k €741,3 €-989 €
Balance sheet
Equity1,4 M €1,4 M €1,4 M €1,4 M €1,4 M €
Total assets1,7 M €1,7 M €1,7 M €1,7 M €1,7 M €
Cash13,5 k €14,7 k €15,7 k €6,8 k €1 k €
Debts270,2 k €270,1 k €270 k €270 k €270 k €

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

2 active · 3 ended

Active mandates

CHRISTOPHE GILAIN

Director

Active
THOMAS MR SPITAELS

Managing director

Active

Ended mandates

Marc CAPELLE

Managing director

Ended
Marc CAPPELLE

Managing director

Ended
THOMAS MR SPITAELS

Chairman of the board of directors

Ended

Other companies at this address

Avenue de Haveskercke 46 1190 Forest
CompanyCBE no.
0443.951.083
0446.600.272
0506.904.875
0834.161.693
0831.742.534
0434.844.961
STRATODEV● Active
0810.982.158
STRATOS CONSULT● Active
0441.816.786
T.P.F.● Active
0435.170.803
TPF CONTRACTING● Active
0402.527.630
0400.422.532
0758.743.007
1023.112.943
TPF GROUP● Active
0459.966.773
T.P.F. HOLDING● Active
0466.977.497
TPF UTILITIES● Active
0406.406.442

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date18/06/202623/06/202517/06/202422/06/202316/06/202218/06/2021
General meeting17/06/202618/06/202508/05/202421/06/202315/06/202212/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/06/202618/06/2026FrenchPDF
Abridged model31/12/202418/06/202523/06/2025FrenchPDF
Abridged model31/12/202308/05/202417/06/2024FrenchPDF
Abridged model31/12/202221/06/202322/06/2023FrenchPDF
Abridged model31/12/202115/06/202216/06/2022FrenchPDF
Abridged model31/12/202012/05/202118/06/2021FrenchPDF
Abridged model31/12/201916/06/202025/06/2020FrenchPDF
Abridged model31/12/201819/06/201927/06/2019FrenchPDF
Abridged model31/12/201709/05/201822/06/2018FrenchPDF
Abridged model31/12/201621/06/201721/06/2017FrenchPDF
Abridged model31/12/201511/05/201623/06/2016FrenchPDF
Abridged model31/12/201413/05/201516/06/2015FrenchPDF
Abridged model31/12/201314/05/201425/06/2014FrenchPDF
Abridged model31/12/201208/05/201324/06/2013FrenchPDF
Abridged model31/12/201109/05/201220/06/2012FrenchPDF
Abridged model31/12/201011/05/201120/06/2011FrenchPDF
Abridged model31/12/200912/05/201001/06/2010FrenchPDF

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

2 active · 3 ended

Active mandates

CHRISTOPHE GILAIN

Director

Active
THOMAS MR SPITAELS

Managing director

Active

Ended mandates

Marc CAPELLE

Managing director

Ended
Marc CAPPELLE

Managing director

Ended
THOMAS MR SPITAELS

Chairman of the board of directors

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares07/06/2017
    CAPITAL, ACTIONS
    PDF
  • Mandates07/10/2016
    DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates19/06/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/07/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Other08/10/2008
    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

  1. 2025
    Annual accounts 2025-1,2 k €↓
  2. 2024
    Annual accounts 2024-1,1 k €↓
  3. 2023
    Annual accounts 2023-1,1 k €↓
  4. 2022
    Annual accounts 2022741,3 €↑
  5. 2021
    Annual accounts 2021-989 €↓
  6. 2020
    Annual accounts 202028,7 k €↑
  7. 2019
    Annual accounts 201919,7 k €↓
  8. 2018
    Annual accounts 201820,6 k €↑
  9. 2017
    Annual accounts 20179,2 k €↑
  10. 2016
    Annual accounts 2016-506,8 €↓
  11. 2016
    Name changeTPF REAL ESTATE SA
  12. 2015
    Annual accounts 2015981,6 €↑
  13. 2014
    Annual accounts 2014751,8 €↑
  14. 2013
    Annual accounts 2013598,5 €↓
  15. 2012
    Annual accounts 20121,1 k €↓
  16. 2011
    Annual accounts 20111,8 k €↑
  17. 2010
    Annual accounts 2010948,8 €↑
  18. 2009
    Annual accounts 2009-483,4 €
  19. 2009
    Name changeTOURNAI LOGISTICS
  20. 30/09/2008
    IncorporationPublic limited company