ACTIVE

TREEVIEW

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Financial year 2025 · closed on 30/09/2025

Net result

-148,2 k €

-233.9% YoY

Gross margin

-92,2 k €

-1417.7% YoY

Equity

155 k €

-49.0% YoY

Workforce

1,1 ETP

+10.0% YoY

What does TREEVIEW do?

TREEVIEW is a Private limited company incorporated in 2003. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Brugge. It employs on average 1,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.553.217

Incorporation

18/09/2003

Legal form

Private limited company

Registered office

Lieven Bauwensstraat 22 box BU01
8200 Brugge · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/09/2025

Average workforce

1,1 ETP

Activities (NACE)

47120Retail sale in non-specialised stores· main 47910Retail sale via mail order houses or via Internet 58290Other software publishing 58290Other software publishing 72210Research and experimental development on social sciences and humanities

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	-92,2 k €	-1418%	7 k €	-92.1%	88,6 k €	-21.1%	112,3 k €	-9.7%	124,4 k €	-33.8%	188 k €	+60.6%	117 k €	+3.1%	113,5 k €	+129%	49,6 k €	+32.1%	37,5 k €	+69.9%	22,1 k €	+129%	9,6 k €	+236%	2,9 k €	-53.0%	6,1 k €	-82.0%	34 k €	+1241%	2,5 k €	-30.3%	3,6 k €
EBITDA	-155,6 k €	-333%	-35,9 k €	-183%	43,3 k €	-34.6%	66,3 k €	-16.8%	79,6 k €	-28.6%	111,5 k €	+73.5%	64,3 k €	-31.4%	93,6 k €	+189%	32,4 k €	-2.3%	33,2 k €	+54.0%	21,5 k €	+132%	9,3 k €	+296%	2,3 k €	-56.4%	5,4 k €	-71.2%	18,7 k €	+1316%	1,3 k €	-57.6%	3,1 k €
Operating result	-168,7 k €	-291%	-43,1 k €	-214%	37,8 k €	-38.3%	61,3 k €	-19.3%	76 k €	-29.1%	107,2 k €	+82.0%	58,9 k €	-33.5%	88,5 k €	+205%	29 k €	-7.3%	31,3 k €	+52.4%	20,5 k €	+163%	7,8 k €	+644%	1 k €	-71.4%	3,7 k €	-78.7%	17,2 k €	+2265%	-792,2 €	-143%	1,8 k €
Net result	-148,2 k €	-234%	-44,4 k €	-263%	27,3 k €	-38.1%	44 k €	-8.6%	48,1 k €	-24.0%	63,3 k €	+65.9%	38,2 k €	-37.3%	60,9 k €	+163%	23,1 k €	-2.9%	23,8 k €	+46.0%	16,3 k €	+148%	6,6 k €	+280%	-3,6 k €	-238%	2,6 k €	-81.8%	14,5 k €	+725%	-2,3 k €	-113%	-1,1 k €
Balance sheet
Equity	155 k €	-49.0%	304,1 k €	-12.9%	349,3 k €	+7.9%	323,7 k €	+14.0%	284 k €	+19.6%	237,4 k €	+34.1%	177,1 k €	+24.8%	141,9 k €	+69.9%	83,5 k €	+32.8%	62,9 k €	+60.8%	39,1 k €	+71.4%	22,8 k €	+40.4%	16,3 k €	-18.3%	19,9 k €	+15.3%	17,3 k €	+517%	2,8 k €	-45.3%	5,1 k €
Total assets	326,1 k €	-35.4%	504,8 k €	-2.0%	515,3 k €	+9.6%	470 k €	+5.5%	445,3 k €	+22.2%	364,3 k €	+19.0%	306,3 k €	+34.3%	228,1 k €	+50.7%	151,4 k €	+27.7%	118,6 k €	+48.8%	79,7 k €	+19.9%	66,5 k €	+8.8%	61,1 k €	+15.8%	52,8 k €	-24.2%	69,6 k €	+22.1%	57 k €	+69.9%	33,6 k €
Cash	5,5 k €	-83.1%	32,4 k €	+569%	4,8 k €	+1499%	302,5 €	-85.8%	2,1 k €	-63.5%	5,8 k €	-67.6%	18 k €	+47.0%	12,3 k €		–		12,4 €	-99.7%	3,7 k €	+138%	1,6 k €	-62.0%	4,1 k €	+425%	780,6 €	-55.7%	1,8 k €	-76.1%	7,4 k €	+75.9%	4,2 k €
Debts	143,1 k €	+2.5%	139,6 k €	+29.5%	107,8 k €	-26.0%	145,6 k €	-9.2%	160,3 k €	+29.8%	123,6 k €	-4.4%	129,2 k €	+49.8%	86,2 k €	+31.2%	65,7 k €	+18.1%	55,7 k €	+37.1%	40,6 k €	-7.1%	43,7 k €	-2.7%	44,9 k €	+36.5%	32,9 k €	-37.2%	52,4 k €	-3.1%	54 k €	+89.9%	28,5 k €
Other
Workforce	1,1 ETP	+10.0%	1,0 ETP	-16.7%	1,2 ETP	-7.7%	1,3 ETP		–		–		–		–		–		0,4 ETP		–		–		–		–		0,6 ETP	+500%	0,1 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 6 ended

Active mandates

Valentijn Vyvey

Director · since 16 mai 2024

Active

Ended mandates

MILLIE HEMELSOEN

Administrator - manager · since 17 novembre 2008

Ended

Millie Hemelsoen

Director · until 16 mai 2024

Ended

Millie Hemelsoen

Director

Ended

MILLIE HEMELSOEN

Administrator - manager

Ended

At this address

Other companies at this address

Company	CBE no.
Synatra● Active	0798.859.435

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	01/04/2025	30/04/2024	28/04/2023	29/03/2022	02/03/2021
General meeting	31/03/2026	06/03/2025	29/03/2024	13/03/2023	24/02/2022	24/02/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	31/03/2026	29/04/2026	Dutch	PDF
Abridged model	30/09/2024	06/03/2025	01/04/2025	Dutch	PDF
Abridged model	30/09/2023	29/03/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	13/03/2023	28/04/2023	Dutch	PDF
Micro model	30/09/2021	24/02/2022	29/03/2022	Dutch	PDF
Micro model	30/09/2020	24/02/2021	02/03/2021	Dutch	PDF
Micro model	30/09/2019	22/02/2020	27/02/2020	Dutch	PDF
Micro model	30/09/2018	19/02/2019	21/02/2019	Dutch	PDF
Micro model	30/09/2017	27/02/2018	01/03/2018	Dutch	PDF
Abridged model	30/09/2016	11/02/2017	09/03/2017	Dutch	PDF
Abridged model	30/09/2015	13/02/2016	08/03/2016	Dutch	PDF
Abridged model	30/09/2014	14/02/2015	24/02/2015	Dutch	PDF
Abridged model	30/09/2013	22/02/2014	25/02/2014	Dutch	PDF
Abridged model	30/09/2012	23/02/2013	23/02/2013	Dutch	PDF
Abridged model	30/09/2011	18/02/2012	22/02/2012	Dutch	PDF
Abridged model	30/09/2010	06/01/2011	31/03/2011	Dutch	PDF
Abridged modelCorrection	30/09/2009	07/01/2010	24/02/2010	Dutch	PDF
Abridged model	30/09/2009	07/01/2010	24/02/2010	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 6 ended

Active mandates

Valentijn Vyvey

Director · since 16 mai 2024

Active

Ended mandates

MILLIE HEMELSOEN

Administrator - manager · since 17 novembre 2008

Ended

Millie Hemelsoen

Director · until 16 mai 2024

Ended

Millie Hemelsoen

Director

Ended

MILLIE HEMELSOEN

Administrator - manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares20/08/2024
KAPITAAL - AANDELEN
PDF
Mandates29/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates12/11/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other01/09/2010
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/12/2008
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office11/04/2006
MAATSCHAPPELIJKE ZETEL
PDF
Registered office23/03/2005
MAATSCHAPPELIJKE ZETEL
PDF
Other03/10/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-148,2 k €↓
2024
Annual accounts 2024-44,4 k €↓
2023
Annual accounts 202327,3 k €↓
2022
Annual accounts 202244 k €↓
2021
Annual accounts 202148,1 k €↓
2020
Annual accounts 202063,3 k €↑
2019
Annual accounts 201938,2 k €↓
2018
Annual accounts 201860,9 k €↑
2017
Annual accounts 201723,1 k €↓
2016
Annual accounts 201623,8 k €↑
2015
Annual accounts 201516,3 k €↑
2014
Annual accounts 20146,6 k €↑
2013
Annual accounts 2013-3,6 k €↓
2012
Annual accounts 20122,6 k €↓
2011
Annual accounts 201114,5 k €↑
2010
Annual accounts 2010-2,3 k €↓
2009
Annual accounts 2009-1,1 k €
18/09/2003
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

TREEVIEW

Overview

What does TREEVIEW do?

Trend over 17 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