ACTIVE

Trone Holding

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Financial year 2026 · closed on 31/03/2026

Net result

-1,3 M €

-159.4% YoY

Gross margin

1,9 M €

+276.0% YoY

Equity

7,1 M €

-15.2% YoY

What does Trone Holding do?

Trone Holding is a Public limited company incorporated in 2010. Its main activity is: Management of real estate on a fee or contract basis. Its registered office is in Saint-Josse-ten-Noode.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0830.809.057

Incorporation

02/11/2010

Legal form

Public limited company

Registered office

Boulevard Saint-Lazare 4/10
1210 Saint-Josse-ten-Noode · BruxellesSee on map

Contributed capital

10 330 000,00 €

Latest accounts

31/03/2026

Activities (NACE)

68321Management of real estate on a fee or contract basis· main 68321Management of real estate on a fee or contract basis

Signals

Solid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	1,9 M €	+276%	493,3 k €	-30.4%	708,5 k €	+62.4%	436,2 k €	+329%	101,6 k €	+147%	-217,1 k €	-164%	339,4 k €	-2.8%	349 k €	-40.7%	588,5 k €	-43.2%	1 M €		–		–		–		–		–		–
EBITDA	1,1 M €	+634%	-209,6 k €	-147%	-84,9 k €	+37.1%	-135,1 k €	+68.8%	-433,4 k €	+44.3%	-777,8 k €	-161%	-297,6 k €	-89.4%	-157,2 k €	-276%	89,4 k €	-83.6%	544 k €	-22.6%	702,6 k €	+21.6%	577,9 k €	-24.7%	767,3 k €	+2.7%	747,3 k €	+15.8%	645,3 k €	+442%	119 k €
Operating result	-976,9 k €	-105%	-475,4 k €	-56.8%	-303,3 k €	+12.8%	-347,7 k €	+43.8%	-618,7 k €	+28.7%	-867,5 k €	-159%	-334,7 k €	-72.7%	-193,8 k €	-422%	60,1 k €	-88.6%	525,9 k €	-25.1%	702 k €	+21.5%	577,9 k €	-24.7%	767,3 k €	+2.7%	747,3 k €	+15.8%	645,3 k €	+470%	113,2 k €
Net result	-1,3 M €	-159%	-493,1 k €	-56.1%	-315,9 k €	-148%	658,2 k €	+237%	-479,7 k €	+18.3%	-587,4 k €	-243%	-171,5 k €	+74.5%	-673,7 k €	-59.8%	-421,6 k €	-6432%	6,7 k €	-94.6%	122,7 k €	+196%	41,4 k €	-75.2%	167,1 k €	+24.8%	133,9 k €	+3.8%	129 k €	+350%	-51,5 k €
Balance sheet
Equity	7,1 M €	-15.2%	8,4 M €	-5.5%	8,9 M €	-3.4%	9,2 M €	+7.7%	8,5 M €	-5.3%	9 M €	-6.1%	9,6 M €	+0.1%	9,6 M €	+0.3%	9,6 M €	-4.2%	10 M €	+0.1%	10 M €	+1.2%	9,9 M €	+0.4%	9,8 M €	+1.7%	9,7 M €	+19.6%	8,1 M €	+1.6%	7,9 M €
Total assets	23,2 M €	+6.2%	21,9 M €	-0.3%	21,9 M €	+1.7%	21,6 M €	+4.6%	20,6 M €	+2.2%	20,2 M €	+7.4%	18,8 M €	+5.9%	17,7 M €	-2.0%	18,1 M €	+0.6%	18 M €	-1.0%	18,1 M €	+0.7%	18 M €	-0.6%	18,1 M €	+0.7%	18 M €	+10.7%	16,3 M €	+1.5%	16 M €
Cash	1,5 M €	-19.4%	1,9 M €	-12.5%	2,1 M €	+38.9%	1,5 M €	+70.6%	898,8 k €	+41.7%	634,5 k €	+173%	232,2 k €	-38.2%	375,5 k €	-38.6%	611,9 k €	+63.2%	375 k €	-47.3%	712 k €	-32.7%	1,1 M €	+40.0%	756,2 k €	+33.7%	565,5 k €	-23.2%	736,7 k €	+71.0%	430,7 k €
Debts	15,7 M €	+22.0%	12,8 M €	+3.9%	12,4 M €	+6.5%	11,6 M €	+2.5%	11,3 M €	+7.7%	10,5 M €	+19.0%	8,8 M €	+14.0%	7,8 M €	-4.9%	8,2 M €	+9.1%	7,5 M €	-3.5%	7,7 M €	+0.6%	7,7 M €	-1.9%	7,9 M €	-0.7%	7,9 M €	+2.0%	7,8 M €	-3.8%	8,1 M €
Other
Workforce	–		–		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active · 34 ended

Active mandates

Miruna Marin

Director · since 22 novembre 2024 · until 02 mai 2030

Active

Gitte de Brabander

Director · since 31 octobre 2023 · until 02 mai 2030

Active

Ended mandates

Sardaana Nogovitsyna

Director · since 18 mars 2024 · until 22 novembre 2024

Ended

Sardaana Nogovitsyna

Director · since 18 mars 2024 · until 02 mai 2029

Ended

Ognjan Markovic

Director · since 31 janvier 2024 · until 18 mars 2024

Ended

Charlotte BLIJWEERT

Director · since 01 novembre 2022 · until 31 octobre 2023

Ended

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Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/07/2026	04/08/2025	18/10/2024	03/11/2023	12/08/2022	12/08/2022
General meeting	10/07/2026	25/07/2025	13/09/2024	11/10/2023	15/07/2022	06/12/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2026	10/07/2026	14/07/2026	French	PDF
Abridged model	31/03/2025	25/07/2025	04/08/2025	French	PDF
Abridged model	31/03/2024	13/09/2024	18/10/2024	French	PDF
Abridged model	31/03/2023	11/10/2023	03/11/2023	French	PDF
Abridged model	31/03/2022	15/07/2022	12/08/2022	French	PDF
Abridged modelCorrection	31/03/2021	06/12/2021	12/08/2022	French	PDF
Abridged model	31/03/2021	06/12/2021	07/12/2021	French	PDF
Abridged model	31/03/2020	09/09/2020	23/09/2020	French	PDF
Abridged model	31/03/2019	27/06/2019	02/07/2019	French	PDF
Abridged model	31/03/2018	12/10/2018	19/10/2018	French	PDF
Abridged model	31/03/2017	25/07/2017	22/08/2017	Dutch	PDF
Full model	31/03/2016	29/07/2016	02/08/2016	Dutch	PDF
Full model	31/03/2015	22/05/2015	12/06/2015	Dutch	PDF
Full model	31/03/2014	11/07/2014	22/07/2014	Dutch	PDF
Full model	31/03/2013	24/06/2013	31/07/2013	Dutch	PDF
Full model	31/03/2012	16/06/2012	13/07/2012	Dutch	PDF
Full model	31/03/2011	16/07/2011	26/07/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/03/2026 · 2 active · 34 ended

Active mandates

Miruna Marin

Director · since 22 novembre 2024 · until 02 mai 2030

Active

Gitte de Brabander

Director · since 31 octobre 2023 · until 02 mai 2030

Active

Ended mandates

Sardaana Nogovitsyna

Director · since 18 mars 2024 · until 22 novembre 2024

Ended

Sardaana Nogovitsyna

Director · since 18 mars 2024 · until 02 mai 2029

Ended

Ognjan Markovic

Director · since 31 janvier 2024 · until 18 mars 2024

Ended

Charlotte BLIJWEERT

Director · since 01 novembre 2022 · until 31 octobre 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring13/11/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates13/10/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring28/08/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates28/01/2025
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates24/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates08/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates26/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates31/10/2023
DEMISSIONS, NOMINATIONS
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

2026
Annual accounts 2026-1,3 M €↓
2025
Annual accounts 2025-493,1 k €↓
2024
Annual accounts 2024-315,9 k €↓
2023
Annual accounts 2023658,2 k €↑
2022
Annual accounts 2022-479,7 k €↑
2021
Annual accounts 2021-587,4 k €↓
2020
Annual accounts 2020-171,5 k €↑
2019
Annual accounts 2019-673,7 k €↓
2018
Annual accounts 2018-421,6 k €↓
2017
Annual accounts 20176,7 k €↓
2016
Annual accounts 2016122,7 k €↑
2015
Annual accounts 201541,4 k €↓
2014
Annual accounts 2014167,1 k €↑
2013
Annual accounts 2013133,9 k €↑
2012
Annual accounts 2012129 k €↑
2011
Annual accounts 2011-51,5 k €
02/11/2010
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Trone Holding

Overview

What does Trone Holding do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline