ACTIVE

TENDANCE KARRé

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Financial year 2025 · closed on 31/12/2025

Net result

184,6 k €

-18.6% YoY

Gross margin

247,6 k €

-16.6% YoY

Equity

1,8 M €

+11.2% YoY

What does TENDANCE KARRé do?

TENDANCE KARRé is a Private limited company incorporated in 2003. Its registered office is in Villers-le-Bouillet.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.237.174

Incorporation

27/08/2003

Legal form

Private limited company

Registered office

Rue de l'Avenir 18
4530 Villers-le-Bouillet · WallonieSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	247,6 k €	-16.6%	296,8 k €	+7.3%	276,6 k €	-6.5%	295,7 k €	+27.5%	232 k €	+0.6%	230,6 k €	+1.5%	227,1 k €	+9.7%	207,1 k €	-3.0%	213,4 k €	+1.9%	209,5 k €	-0.3%	210,2 k €	-0.1%	210,4 k €	-0.4%	211,2 k €	-14.0%	245,6 k €	+291%	62,8 k €	+49.7%	41,9 k €	+53.9%	27,2 k €	-0.4%	27,4 k €	+5.1%	26 k €
EBITDA	235,3 k €	-11.6%	266,1 k €	+12.1%	237,3 k €	-6.9%	255 k €	+26.8%	201,1 k €	-2.0%	205,2 k €	+0.8%	203,7 k €	+9.1%	186,6 k €	+1.5%	183,9 k €	+0.6%	182,9 k €	-0.2%	183,3 k €	+0.1%	183 k €	-0.7%	184,3 k €	-16.5%	220,6 k €	+474%	38,5 k €	+123%	17,2 k €	+177%	6,2 k €	-14.6%	7,3 k €	+2.2%	7,1 k €
Operating result	224,6 k €	-14.7%	263,2 k €	+25.2%	210,2 k €	-14.9%	247 k €	+28.0%	193,1 k €	-5.9%	205,2 k €	+0.8%	203,7 k €	+17.4%	173,4 k €	+1.6%	170,8 k €	-1.0%	172,6 k €	-0.2%	172,9 k €	-1.6%	175,7 k €	-0.7%	176,9 k €	-19.8%	220,6 k €	+474%	38,5 k €	+123%	17,2 k €	+177%	6,2 k €	-14.6%	7,3 k €	+2.2%	7,1 k €
Net result	184,6 k €	-18.6%	226,9 k €	+34.7%	168,4 k €	-30.5%	242,4 k €	+157%	94,5 k €	-40.1%	157,7 k €	+0.7%	156,6 k €	+36.4%	114,9 k €	+3.0%	111,5 k €	-4.4%	116,6 k €	-2.1%	119,2 k €	+2.7%	116 k €	-0.6%	116,7 k €	-19.0%	144 k €	+436%	26,9 k €	+122%	12,1 k €	+117%	5,6 k €	-9.5%	6,1 k €	+45.6%	4,2 k €
Balance sheet
Equity	1,8 M €	+11.2%	1,7 M €	+15.9%	1,4 M €	+13.4%	1,3 M €	+6.0%	1,2 M €	+28.5%	920,8 k €	+20.7%	763,1 k €	+25.8%	606,5 k €	+23.4%	491,7 k €	+6.8%	460,2 k €	+25.2%	367,6 k €	+34.9%	272,4 k €	+26.8%	214,8 k €	+119%	98,1 k €	+81.2%	54,1 k €	+98.7%	27,3 k €	+79.9%	15,2 k €	+58.0%	9,6 k €	+179%	3,4 k €
Total assets	2,1 M €	+9.9%	1,9 M €	+12.9%	1,7 M €	+10.0%	1,5 M €	+15.7%	1,3 M €	+32.8%	993,4 k €	+20.1%	827,1 k €	+22.1%	677,6 k €	-18.7%	833 k €	+19.9%	695 k €	+26.8%	548 k €	+27.9%	428,5 k €	+21.2%	353,4 k €	+79.3%	197,1 k €	+123%	88,2 k €	+42.4%	62 k €	+70.3%	36,4 k €	+23.7%	29,4 k €	-32.3%	43,5 k €
Cash	1,1 M €	+3582%	30,5 k €	-90.6%	323,4 k €	+30.3%	248,1 k €	+106%	120,5 k €	-26.5%	163,8 k €	-4.6%	171,7 k €	-24.9%	228,5 k €	+6.0%	215,6 k €	+254%	60,9 k €	+81.6%	33,6 k €	-9.9%	37,2 k €	-72.1%	133,3 k €	+335%	30,6 k €	+297%	7,7 k €	-36.1%	12,1 k €	+770%	1,4 k €	-66.6%	4,2 k €	+6.2%	3,9 k €
Debts	233,8 k €	+2.0%	229,1 k €	-5.8%	243,2 k €	-9.5%	268,8 k €	+328%	62,7 k €	-11.2%	70,6 k €	+13.9%	62 k €	-10.4%	69,2 k €	-79.6%	339,4 k €	+45.7%	232,9 k €	+29.9%	179,3 k €	+15.8%	154,9 k €	+12.6%	137,6 k €	+40.4%	98 k €	+197%	33 k €	-0.8%	33,3 k €	+64.5%	20,2 k €	+8.6%	18,6 k €	-52.4%	39,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	+14.3%	0,7 ETP	0.0%	0,7 ETP	+16.7%	0,6 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 · 1 active · 8 ended

Active mandates

Marc SCHELFHOUT

Director · since 07 décembre 2022

Active

Ended mandates

Quentin SCHELFHOUT

Director · since 01 juin 2018

Ended

Valentine SCHELFHOUT

Director · since 01 juin 2018

Ended

GERARD RULOT

Manager · since 22 août 2003

Ended

Marc SCHELFHOUT

Director · since 22 août 2003

Ended

At this address

Other companies at this address

Company	CBE no.
CARROQUAD● Active	0433.805.081
QS Holding● Active	1038.425.877
SCHELFHOUT● Active	0413.835.058
STRAITS● Active	0838.355.162

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	31/08/2026	14/08/2025	26/08/2024	28/08/2023	26/08/2022	30/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	01/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	31/08/2026	French	PDF
Micro model	31/12/2024	27/06/2025	14/08/2025	French	PDF
Micro model	31/12/2023	28/06/2024	26/08/2024	French	PDF
Micro model	31/12/2022	30/06/2023	28/08/2023	French	PDF
Micro model	31/12/2021	30/06/2022	26/08/2022	French	PDF
Micro model	31/12/2020	01/06/2021	30/08/2021	French	PDF
Micro model	31/12/2019	30/06/2020	19/08/2020	French	PDF
Micro model	31/12/2018	30/06/2019	04/07/2019	French	PDF
Micro model	31/12/2017	30/06/2018	27/08/2018	French	PDF
Micro model	31/12/2016	30/06/2017	07/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	03/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	15/07/2014	French	PDF
Abridged model	31/12/2012	28/03/2013	09/07/2013	French	PDF
Abridged model	31/12/2011	05/06/2012	03/07/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	06/07/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	05/07/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	12/06/2009	French	PDF
Abridged modelCorrection	31/12/2007	03/06/2008	20/06/2008	French	PDF
Abridged model	31/12/2007	03/06/2008	04/06/2008	French	PDF
Abridged model	31/12/2006	05/06/2007	26/06/2007	French	PDF

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 · 1 active · 8 ended

Active mandates

Marc SCHELFHOUT

Director · since 07 décembre 2022

Active

Ended mandates

Quentin SCHELFHOUT

Director · since 01 juin 2018

Ended

Valentine SCHELFHOUT

Director · since 01 juin 2018

Ended

GERARD RULOT

Manager · since 22 août 2003

Ended

Marc SCHELFHOUT

Director · since 22 août 2003

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/12/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2018
DEMISSIONS, NOMINATIONS
PDF
Capital / shares23/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office19/12/2008
SIEGE SOCIAL
PDF
Mandates18/07/2008
DEMISSIONS, NOMINATIONS
PDF
Registered office03/10/2006
SIEGE SOCIAL
PDF
Other03/09/2003
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

2025
Annual accounts 2025184,6 k €↓
2024
Annual accounts 2024226,9 k €↑
2023
Annual accounts 2023168,4 k €↓
2022
Annual accounts 2022242,4 k €↑
2021
Annual accounts 202194,5 k €↓
2019
Annual accounts 2019157,7 k €↑
2018
Annual accounts 2018156,6 k €↑
2017
Annual accounts 2017114,9 k €↑
2016
Annual accounts 2016111,5 k €↓
2015
Annual accounts 2015116,6 k €↓
2014
Annual accounts 2014119,2 k €↑
2013
Annual accounts 2013116 k €↓
2012
Annual accounts 2012116,7 k €↓
2011
Annual accounts 2011144 k €↑
2010
Annual accounts 201026,9 k €↑
2009
Annual accounts 200912,1 k €↑
2008
Annual accounts 20085,6 k €↓
2007
Annual accounts 20076,1 k €↑
2006
Annual accounts 20064,2 k €
27/08/2003
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

TENDANCE KARRé

Overview

What does TENDANCE KARRé do?

Trend over 19 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