ACTIVE

TC-C

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Financial year 2025 · closed on 31/12/2025
Net result
195,3 k €
+29.7% YoY
Gross margin
585,6 k €
+33.7% YoY
Equity
368,5 k €
+112.8% YoY
Workforce
3,3 ETP

What does TC-C do?

TC-C is a Private company with limited liability incorporated in 2009. Its registered office is in Harelbeke. It employs on average 3,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0818.391.770
Incorporation
03/09/2009
Legal form
Private company with limited liability
Registered office
Begonialaan 75
8531 Harelbeke · FlandreSee on map
Contributed capital
765,03 €
Latest accounts
31/12/2025
Average workforce
3,3 ETP
Joint committees (3)
  • 149
  • 14901
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152013201220112010
Income statement
Gross margin585,6 k €438,2 k €327,9 k €51,3 k €5,3 k €-20,7 k €-14,9 k €-28,3 k €50,3 k €187,2 k €79,3 k €58,9 k €39,2 k €19,2 k €37,9 k €
EBITDA382 k €230 k €324,6 k €47,9 k €4,3 k €-21,2 k €-16,4 k €-29,9 k €48,7 k €184,6 k €77,7 k €57,1 k €36,5 k €17 k €34,7 k €
Operating result265,4 k €212,5 k €310,7 k €39,1 k €3,6 k €-21,2 k €-16,4 k €-30,4 k €47,8 k €183,7 k €74,3 k €56 k €35,9 k €16,4 k €33,6 k €
Net result195,3 k €150,6 k €144,2 k €45,4 k €10 k €-17,6 k €-5,8 k €-22,1 k €39 k €126,5 k €54,6 k €40,6 k €26 k €23,1 k €18,6 k €
Balance sheet
Equity368,5 k €173,2 k €549,3 k €398,8 k €353,4 k €343,4 k €361 k €366,9 k €389 k €349,9 k €223,4 k €120,7 k €80,1 k €54 k €31 k €
Total assets770,5 k €487 k €861,3 k €593,7 k €401,8 k €371,6 k €379,8 k €404,2 k €440,2 k €404,2 k €240,5 k €133,7 k €87 k €61,6 k €40,9 k €
Cash156,7 k €67,9 k €68,6 k €20 k €5,9 k €901,8 €30,6 k €4,2 k €2,4 k €7,1 k €5,4 k €13,4 k €60,4 k €43,3 k €22,8 k €
Debts401,2 k €312,9 k €310,2 k €193,7 k €47,4 k €26,8 k €18,2 k €37,4 k €51,2 k €54,2 k €17,1 k €11,9 k €5,9 k €6,5 k €8,9 k €
Other
Workforce3,3 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 · 2 active · 5 ended

Active mandates

MCC

Director · 0820.554.078

Represented by Mattias Ceusters

Active
Noé

Director · 1011.992.783

Represented by Tomas Ceusters

Active

Ended mandates

Tomas Ceusters

Director · since 09 septembre 2009

Ended
Tomas Ceusters

Manager · since 09 septembre 2009

Ended
Noé

Director · 1011.992.783

Represented by Tomas Ceusters

Ended
Tomas Ceusters

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
MANAGEMENTSVENNOOTSCHAP ELO● Active
0822.614.240
Noé● Active
1011.992.783
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro 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 date09/04/202602/04/202513/05/202429/06/202320/06/202222/06/2021
General meeting09/04/202601/04/202507/05/202417/06/202318/06/202219/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/04/202609/04/2026DutchPDF
Micro model31/12/202401/04/202502/04/2025DutchPDF
Micro model31/12/202307/05/202413/05/2024DutchPDF
Micro model31/12/202217/06/202329/06/2023DutchPDF
Micro model31/12/202118/06/202220/06/2022DutchPDF
Micro model31/12/202019/06/202122/06/2021DutchPDF
Micro model31/12/201920/06/202022/06/2020DutchPDF
Micro model31/12/201815/06/201924/06/2019DutchPDF
Micro model31/12/201716/06/201818/06/2018DutchPDF
Micro model31/12/201617/06/201719/06/2017DutchPDF
Abridged model31/12/201518/06/201624/06/2016DutchPDF
Abridged model31/12/201403/07/201514/07/2015DutchPDF
Abridged model31/12/201321/06/201429/08/2014DutchPDF
Abridged model31/12/201215/06/201321/08/2013DutchPDF
Abridged model31/12/201116/06/201227/08/2012DutchPDF
Abridged model31/12/201018/06/201120/07/2011DutchPDF
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 · 2 active · 5 ended

Active mandates

MCC

Director · 0820.554.078

Represented by Mattias Ceusters

Active
Noé

Director · 1011.992.783

Represented by Tomas Ceusters

Active

Ended mandates

Tomas Ceusters

Director · since 09 septembre 2009

Ended
Tomas Ceusters

Manager · since 09 septembre 2009

Ended
Noé

Director · 1011.992.783

Represented by Tomas Ceusters

Ended
Tomas Ceusters

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring07/08/2024
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/04/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates05/10/2022
    BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other18/09/2009
    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 2025195,3 k €↑
  2. 2024
    Annual accounts 2024150,6 k €↑
  3. 2023
    Annual accounts 2023144,2 k €↑
  4. 2022
    Annual accounts 202245,4 k €↑
  5. 2022
    Name changeTC-C
  6. 2021
    Annual accounts 202110 k €↑
  7. 2021
    Name changeTrading Company Ceusters
  8. 2020
    Annual accounts 2020-17,6 k €↓
  9. 2019
    Annual accounts 2019-5,8 k €↑
  10. 2018
    Annual accounts 2018-22,1 k €↓
  11. 2017
    Annual accounts 201739 k €↓
  12. 2016
    Annual accounts 2016126,5 k €↑
  13. 2015
    Annual accounts 201554,6 k €↑
  14. 2013
    Annual accounts 201340,6 k €↑
  15. 2012
    Annual accounts 201226 k €↑
  16. 2011
    Annual accounts 201123,1 k €↑
  17. 2010
    Annual accounts 201018,6 k €
  18. 03/09/2009
    IncorporationPrivate company with limited liability