ACTIVE

TREEX

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Financial year 2025 · closed on 31/12/2025
Net result
16,5 k €
-61.0% YoY
Gross margin
39,7 k €
-33.9% YoY
Equity
22,6 k €
+267.0% YoY

What does TREEX do?

TREEX is a Private limited company incorporated in 2009. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Watermael-Boitsfort.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0820.140.047
Incorporation
28/10/2009
Legal form
Private limited company
Registered office
Boulevard du Souverain 100
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
74909Other professional, scientific and technical activities n.e.c.· main74999Other professional, scientific and technical activities n.e.c.66300Fund management activities66300Fund management activities82300Organisation of conventions and trade shows82300Organisation of conventions and trade shows
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin39,7 k €60,1 k €-45,3 k €38,8 k €44,6 k €88,1 k €80,2 k €56,8 k €40,5 k €43,5 k €13,2 k €18,5 k €6 k €18,1 k €7,5 k €9,9 k €
EBITDA38,5 k €58,2 k €-58,8 k €38,8 k €44,3 k €87,8 k €79,8 k €31,2 k €37,8 k €42,5 k €12,3 k €17,5 k €5 k €17 k €6,8 k €8,2 k €
Operating result25,7 k €44,5 k €-68,6 k €25,7 k €30,5 k €76,3 k €68,4 k €20,8 k €25,8 k €30,8 k €9,9 k €10,1 k €-2,9 k €9,7 k €-1,7 k €330 €
Net result16,5 k €42,2 k €-63,3 k €16,8 k €20,9 k €54,2 k €45,7 k €12,7 k €15,4 k €18,1 k €6 k €6,2 k €-5,3 k €4 k €-4,4 k €-2,6 k €
Balance sheet
Equity22,6 k €6,2 k €129,1 k €192,4 k €175,6 k €154,7 k €100,5 k €54,7 k €42 k €26,6 k €8,5 k €4,1 k €-2,1 k €3,2 k €-747 €3,6 k €
Total assets241,4 k €230,3 k €327,3 k €343,5 k €306,2 k €262,5 k €235,6 k €151,2 k €137,8 k €121 k €31,1 k €27 k €15,2 k €35,4 k €64,3 k €54,7 k €
Cash46,3 k €102,8 k €45,2 k €122 k €119,8 k €52,7 k €29 k €–53,2 k €5,7 k €8,2 k €7 k €–9 k €17,9 k €9,1 k €
Debts218,7 k €224,2 k €198,2 k €151,1 k €130,6 k €107,8 k €135,1 k €96,5 k €95,7 k €94,3 k €22,6 k €22,8 k €17,3 k €32,2 k €65 k €51,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

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

Active mandates

Michaël GOLDBERG

Director · since 27 février 2025

Active
Thomas MASKENS

Director · until 27 février 2025

Active

Ended mandates

Thomas Maskens

Manager · since 26 octobre 2009

Ended
Thomas Maskens

Director

Ended
THOMAS MASKENS

Mandate

Ended
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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 date02/09/202607/08/202509/09/202409/06/202329/07/202230/06/2021
General meeting25/06/202625/02/202510/05/202409/05/202310/05/202211/05/2021
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 model31/12/202525/06/202602/09/2026FrenchPDF
Micro model31/12/202425/02/202507/08/2025FrenchPDF
Micro model31/12/202310/05/202409/09/2024FrenchPDF
Micro model31/12/202209/05/202309/06/2023FrenchPDF
Micro model31/12/202110/05/202229/07/2022FrenchPDF
Micro model31/12/202011/05/202130/06/2021FrenchPDF
Micro model31/12/201912/05/202029/10/2020FrenchPDF
Micro model31/12/201814/05/201929/08/2019FrenchPDF
Micro model31/12/201708/05/201824/07/2018FrenchPDF
Micro model31/12/201609/05/201731/08/2017FrenchPDF
Abridged model31/12/201510/05/201627/09/2016FrenchPDF
Abridged model31/12/201412/05/201529/07/2015FrenchPDF
Abridged model31/12/201313/05/201428/08/2014FrenchPDF
Abridged model31/12/201214/05/201330/08/2013FrenchPDF
Abridged model31/12/201130/06/201210/10/2012FrenchPDF
Abridged model31/12/201010/05/201131/08/2011FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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

Michaël GOLDBERG

Director · since 27 février 2025

Active
Thomas MASKENS

Director · until 27 février 2025

Active

Ended mandates

Thomas Maskens

Manager · since 26 octobre 2009

Ended
Thomas Maskens

Director

Ended
THOMAS MASKENS

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/04/2025
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other28/01/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates07/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - DIVERS - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office02/05/2018
    SIEGE SOCIAL
    PDF
  • Other09/11/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202516,5 k €↓
  2. 2024
    Annual accounts 202442,2 k €↑
  3. 2023
    Annual accounts 2023-63,3 k €↓
  4. 2023
    Name changeTreex
  5. 2022
    Annual accounts 202216,8 k €↓
  6. 2021
    Annual accounts 202120,9 k €↓
  7. 2021
    Name changeTHOMAS MASKENS
  8. 2020
    Annual accounts 202054,2 k €↑
  9. 2019
    Annual accounts 201945,7 k €↑
  10. 2018
    Annual accounts 201812,7 k €↓
  11. 2017
    Annual accounts 201715,4 k €↓
  12. 2016
    Annual accounts 201618,1 k €↑
  13. 2015
    Annual accounts 20156 k €↓
  14. 2014
    Annual accounts 20146,2 k €↑
  15. 2013
    Annual accounts 2013-5,3 k €↓
  16. 2012
    Annual accounts 20124 k €↑
  17. 2011
    Annual accounts 2011-4,4 k €↓
  18. 2010
    Annual accounts 2010-2,6 k €
  19. 28/10/2009
    IncorporationPrivate limited company