ACTIVE

True Colors

Financial year 2025 · Closed on 30/09/2025

Net result-4,7 k €-121,0 %over 1 year
Gross margin383,6 k €-15,2 %over 1 year
Equity104 k €-4,4 %over 1 year

Identity

Source · BCE/KBO

True Colors is a Private company with limited liability incorporated in 2010. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Ieper.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0828.400.190
Incorporation
10/08/2010
Legal form
Private company with limited liability
Registered office
Polenlaan 3
8900 Ieper · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
30/09/2025
Joint committees (2)
  • 302
  • 30200
Signals
Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 14 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin383,6 k €452,4 k €388,7 k €377,3 k €241,2 k €
EBITDA40,3 k €71,9 k €19,1 k €83,6 k €89,2 k €
Operating result-1,4 k €30,2 k €-22,8 k €41,8 k €40,4 k €
Net result-4,7 k €22,6 k €-26,4 k €38,5 k €32,9 k €
Balance sheet
Equity104 k €108,7 k €87 k €113,4 k €75,8 k €
Total assets348,7 k €402,2 k €452,6 k €469,1 k €497,2 k €
Cash45,2 k €46,1 k €29,3 k €68,7 k €112,4 k €
Debts243,5 k €292,9 k €364,6 k €355 k €420,5 k €
Other
Workforce–7,8 ETP8,5 ETP6,7 ETP6,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 6 ended

Active mandates

ELLEN VERHEYDE

Director

Active

Ended mandates

ELLEN VERHEYDE

Manager · since 09 août 2010

Ended
Xavier Lagae

Manager · since 09 août 2010

Ended
ELLEN VERHEYDE

Manager

Ended
XAVIER LAGAE

Director · until 25 juillet 2021

Ended

Other companies at this address

Polenlaan 3 8900 Ieper
CompanyCBE no.
AMARESTO● Active
1040.048.450

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202631/05/202531/05/202417/05/202330/04/202208/04/2021
General meeting30/03/202617/03/202518/03/202420/03/202321/03/202215/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202530/03/202630/04/2026DutchPDF
Abridged model30/09/202417/03/202531/05/2025DutchPDF
Abridged model30/09/202318/03/202431/05/2024DutchPDF
Abridged model30/09/202220/03/202317/05/2023DutchPDF
Abridged model30/09/202121/03/202230/04/2022DutchPDF
Abridged model30/09/202015/03/202108/04/2021DutchPDF
Abridged model30/09/201930/03/202003/04/2020DutchPDF
Abridged model30/09/201825/02/201929/05/2019DutchPDF
Abridged model30/09/201726/02/201802/05/2018DutchPDF
Abridged model30/09/201620/03/201731/05/2017DutchPDF
Abridged model31/12/201427/06/201531/08/2015DutchPDF
Abridged model31/12/201327/09/201430/09/2014DutchPDF
Abridged model31/12/201205/10/201328/10/2013DutchPDF
Abridged model31/12/201123/06/201213/07/2012DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 6 ended

Active mandates

ELLEN VERHEYDE

Director

Active

Ended mandates

ELLEN VERHEYDE

Manager · since 09 août 2010

Ended
Xavier Lagae

Manager · since 09 août 2010

Ended
ELLEN VERHEYDE

Manager

Ended
XAVIER LAGAE

Director · until 25 juillet 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/01/2016
    BOEKJAAR
    PDF
  • Mandates12/06/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/07/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/08/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-4,7 k €↓
  2. 2024
    Annual accounts 202422,6 k €↑
  3. 2023
    Annual accounts 2023-26,4 k €↓
  4. 2022
    Annual accounts 202238,5 k €↑
  5. 2021
    Annual accounts 202132,9 k €↓
  6. 2020
    Annual accounts 202041,2 k €↑
  7. 2019
    Annual accounts 201923,1 k €↑
  8. 2018
    Annual accounts 2018-608,4 €↓
  9. 2017
    Annual accounts 201728,9 k €↑
  10. 2014
    Annual accounts 201413,1 k €↓
  11. 2013
    Annual accounts 201350,8 k €↑
  12. 2012
    Annual accounts 201216,1 k €↑
  13. 2011
    Annual accounts 2011-139,9 k €
  14. 10/08/2010
    IncorporationPrivate company with limited liability