ACTIVE

TAVARES (SRL)

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Financial year 2025 · closed on 31/12/2025

Net result

39 k €

-99.9% YoY

Equity

74,1 M €

+0.1% YoY

What does TAVARES do?

TAVARES is a Private limited company incorporated in 2012. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0845.277.004

Incorporation

12/04/2012

Legal form

Private limited company

Registered office

Chaussée de La Hulpe 166
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

73 955 954,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskPositive cashflow

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	–		–		–		–		–		–		–		–		–		–		–		–		-785,3 k €
EBITDA	-20 k €	-104%	-9,8 k €	+47.3%	-18,7 k €	+27.0%	-25,6 k €	-50.1%	-17 k €	-80.5%	-9,4 k €	-35.6%	-7 k €	-12.2%	-6,2 k €	+0.4%	-6,2 k €	+34.4%	-9,5 k €	-33.1%	-7,1 k €	+76.2%	-29,9 k €	+96.2%	-795,5 k €
Operating result	-20 k €	-104%	-9,8 k €	+47.3%	-18,7 k €	+27.0%	-25,6 k €	-50.1%	-17 k €	-80.5%	-9,4 k €	-35.6%	-7 k €	-12.2%	-6,2 k €	+0.4%	-6,2 k €	+34.4%	-9,5 k €	-33.1%	-7,1 k €	+76.2%	-29,9 k €	+96.2%	-795,5 k €
Net result	39 k €	-99.9%	58,2 M €	+293331%	-19,9 k €	+23.8%	-26,1 k €	-47.2%	-17,7 k €	-82.5%	-9,7 k €	-37.0%	-7,1 k €	-8.8%	-6,5 k €	+0.9%	-6,6 k €	+32.7%	-9,7 k €	-32.2%	-7,4 k €	+98.7%	-562,8 k €	+83.8%	-3,5 M €
Balance sheet
Equity	74,1 M €	+0.1%	74 M €	+6.1%	69,8 M €	-0.0%	69,8 M €	-0.0%	69,9 M €	-0.0%	69,9 M €	-0.0%	69,9 M €	-0.0%	69,9 M €	-0.0%	69,9 M €	-0.0%	69,9 M €	-0.0%	69,9 M €	-0.0%	69,9 M €	+215%	22,2 M €
Total assets	129,5 M €	+0.9%	128,3 M €	+83.2%	70 M €	-0.0%	70 M €	-0.0%	70 M €	-0.0%	70 M €	-1.6%	71,2 M €	+1.6%	70 M €	-0.0%	70 M €	-0.0%	70 M €	-0.0%	70 M €	-0.0%	70 M €	+12.0%	62,5 M €
Cash	45,8 k €	-2.7%	47 k €	-2.5%	48,3 k €	-1.3%	48,9 k €	-1.0%	49,4 k €	-1.4%	50,1 k €	-0.5%	50,3 k €	-0.2%	50,4 k €	-0.6%	50,8 k €	-0.7%	51,1 k €	-0.5%	51,3 k €	+21.8%	42,2 k €	+646%	5,6 k €
Debts	54,3 M €	+0.0%	54,2 M €	+23548%	229,4 k €	+9.2%	210,1 k €	+13.9%	184,6 k €	+10.2%	167,5 k €	-87.2%	1,3 M €	+765%	151,1 k €	+4.3%	144,9 k €	+4.5%	138,7 k €	+7.3%	129,2 k €	+5.8%	122,1 k €	-99.7%	38,9 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Jean-Philippe Noblet

Director · since 13 février 2026

Active

Gauthier Cachbach

Director · since 01 octobre 2022

Active

Ended mandates

Hjalmar Van Raemdonck

Director · since 01 août 2024

Ended

Natalia Noblet

Director · since 01 avril 2024

Ended

Jérôme Nicolas

Director · since 31 août 2020 · until 31 mars 2024

Ended

Jérôme Nicolas

Director · since 31 août 2020

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/06/2026	11/07/2025	15/07/2024	27/06/2023	23/06/2022	18/06/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	22/05/2023	01/06/2022	02/06/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	03/06/2026	24/06/2026	Dutch	PDF
Full model	31/12/2024	04/06/2025	11/07/2025	Dutch	PDF
Full model	31/12/2023	05/06/2024	15/07/2024	Dutch	PDF
Full model	31/12/2022	22/05/2023	27/06/2023	Dutch	PDF
Full model	31/12/2021	01/06/2022	23/06/2022	Dutch	PDF
Full model	31/12/2020	02/06/2021	18/06/2021	Dutch	PDF
Full model	31/12/2019	03/06/2020	26/06/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	27/01/2020	Dutch	PDF
Full model	31/12/2017	29/06/2018	02/08/2018	Dutch	PDF
Full model	31/12/2016	07/06/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	24/08/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	25/06/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 16 ended

Active mandates

Jean-Philippe Noblet

Director · since 13 février 2026

Active

Gauthier Cachbach

Director · since 01 octobre 2022

Active

Ended mandates

Hjalmar Van Raemdonck

Director · since 01 août 2024

Ended

Natalia Noblet

Director · since 01 avril 2024

Ended

Jérôme Nicolas

Director · since 31 août 2020 · until 31 mars 2024

Ended

Jérôme Nicolas

Director · since 31 août 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other22/07/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN
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

13/02/2026
nominationJean-Philippe Noblet — bestuurder
2025
Annual accounts 202539 k €↓
2024
Annual accounts 202458,2 M €↑
01/08/2024
nominationHjalmar Van Raemdonck — bestuurder
01/04/2024
nominationNatalia Noblet — bestuurder
2023
Annual accounts 2023-19,9 k €↑
2022
Annual accounts 2022-26,1 k €↓
01/10/2022
nominationGauthier Cachbach — bestuurder
01/10/2022
unknownNicolas Jerôme — bestuurder
2021
Annual accounts 2021-17,7 k €↓
2020
Annual accounts 2020-9,7 k €↓
2019
Annual accounts 2019-7,1 k €↓
2018
Annual accounts 2018-6,5 k €↑
2017
Annual accounts 2017-6,6 k €↑
2016
Annual accounts 2016-9,7 k €↓
2015
Annual accounts 2015-7,4 k €↑
2014
Annual accounts 2014-562,8 k €↑
2013
Annual accounts 2013-3,5 M €
12/04/2012
IncorporationPrivate 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

TAVARES (SRL)

Overview

What does TAVARES do?

Trend over 13 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