NORMAL SITUATION

TrustedValues

Financial year 2023 · closed on 31/12/2023
Net result
22,4 k €
-27.8% YoY
Gross margin
26,4 k €
-16.2% YoY
Equity
32,2 k €
+226.8% YoY

Company — Normal situation.

What does TrustedValues do?

TrustedValues is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0871.749.589
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
31/12/2023
Joint committees (2)
  • 124
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin26,4 k €31,5 k €-16,2 k €-750 €2,9 k €-27,3 k €18,3 k €38,1 k €7,1 k €78,7 k €198,4 k €172,7 k €305,4 k €383,8 k €367,3 k €421,8 k €415,7 k €435,7 k €
EBITDA25,9 k €31,1 k €-16,5 k €-1,1 k €1,7 k €-28,1 k €9,4 k €37,7 k €5,7 k €-8,7 k €-5,2 k €-30 k €28,6 k €47,4 k €28,5 k €51,5 k €24,9 k €-52,4 k €
Operating result25,9 k €31,1 k €-16,5 k €-1,1 k €1,7 k €-28,1 k €9,4 k €37,7 k €5,7 k €-8,7 k €-7,7 k €-33,1 k €25,3 k €40,9 k €9 k €21,2 k €-15,8 k €-92,9 k €
Net result22,4 k €31 k €-16,6 k €-1,2 k €797,8 €-29,8 k €6,2 k €32,8 k €5,1 k €-6,7 k €2 k €-32,1 k €14,1 k €35,5 k €4,9 k €14 k €-22,1 k €-96 k €
Balance sheet
Equity32,2 k €9,9 k €-21,1 k €-4,5 k €-3,3 k €-4,1 k €25,7 k €19,5 k €-13,3 k €-18,4 k €-11,7 k €-13,7 k €18,4 k €4,3 k €-31,2 k €-36 k €-50 k €-37,8 k €
Total assets65 k €40,8 k €8,7 k €1,3 k €124,1 €529,9 €37,1 k €80,9 k €154,3 k €115,1 k €117,9 k €109,8 k €194,8 k €166,8 k €152,9 k €227,8 k €250,5 k €287,2 k €
Cash55 k €25,7 k €3,1 k €1,1 k €40 €186 €14,1 k €3,2 k €1,5 k €8,4 k €10,3 k €20,7 k €8 k €35,3 k €25,9 k €103,8 k €11,3 k €8,9 k €
Debts32,8 k €30,5 k €29,8 k €5,9 k €3,4 k €4,6 k €11,4 k €61,4 k €167,6 k €133,5 k €129,7 k €123,5 k €176,4 k €162,5 k €184 k €263,9 k €299,8 k €324,1 k €
Other
Workforce1,6 ETP6,3 ETP6,5 ETP7,3 ETP8,3 ETP8,7 ETP8,8 ETP9,9 ETP12,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 17 ended

Active mandates

NaKe

Director · since 01 juin 2023 · 0836.270.058

Represented by Stefan Egidius Vrancken

Active

Ended mandates

Nandi Vrancken

Director · since 09 février 2021

Ended
Anna F

Director · since 01 janvier 2016 · until 31 décembre 2021 · 0644.583.509

Represented by Anna Segers

Ended
Anna F

Director · since 01 janvier 2016 · until 31 décembre 2021 · 0644.583.509

Represented by Anna Segers

Ended
Delphine T

Director · since 01 janvier 2016 · until 31 décembre 2021 · 0644.789.088

Represented by Nathalie Delronge

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/07/202431/05/202329/06/202208/06/202126/06/202023/08/2019
General meeting30/06/202415/05/202327/06/202215/05/202122/06/202024/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202330/06/202412/07/2024DutchPDF
Micro model31/12/202215/05/202331/05/2023DutchPDF
Micro model31/12/202127/06/202229/06/2022DutchPDF
Micro model31/12/202015/05/202108/06/2021DutchPDF
Micro model31/12/201922/06/202026/06/2020DutchPDF
Micro model31/12/201824/06/201923/08/2019DutchPDF
Micro model31/12/201725/06/201831/08/2018DutchPDF
Micro model31/12/201626/06/201731/08/2017DutchPDF
Abridged model31/12/201524/06/201631/08/2016DutchPDF
Abridged model31/12/201422/06/201528/08/2015DutchPDF
Abridged model31/12/201323/06/201417/07/2014DutchPDF
Abridged model31/12/201224/06/201330/07/2013DutchPDF
Abridged model31/12/201125/06/201213/07/2012DutchPDF
Abridged model31/12/201027/06/201129/08/2011DutchPDF
Abridged model31/12/200928/06/201023/08/2010DutchPDF
Abridged model31/12/200822/06/200925/08/2009DutchPDF
Abridged model31/12/200723/06/200830/08/2008DutchPDF
Abridged model31/12/200625/06/200727/08/2007DutchPDF
Estimate

Indicative valuation

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 31/12/2023 · 1 active · 17 ended

Active mandates

NaKe

Director · since 01 juin 2023 · 0836.270.058

Represented by Stefan Egidius Vrancken

Active

Ended mandates

Nandi Vrancken

Director · since 09 février 2021

Ended
Anna F

Director · since 01 janvier 2016 · until 31 décembre 2021 · 0644.583.509

Represented by Anna Segers

Ended
Anna F

Director · since 01 janvier 2016 · until 31 décembre 2021 · 0644.583.509

Represented by Anna Segers

Ended
Delphine T

Director · since 01 janvier 2016 · until 31 décembre 2021 · 0644.789.088

Represented by Nathalie Delronge

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2023
    Annual accounts 202322,4 k €
  2. 2022
    Annual accounts 202231 k €
  3. 2021
    Annual accounts 2021-16,6 k €
  4. 2020
    Annual accounts 2020-1,2 k €
  5. 2019
    Annual accounts 2019797,8 €
  6. 2018
    Annual accounts 2018-29,8 k €
  7. 2017
    Annual accounts 20176,2 k €
  8. 2016
    Annual accounts 201632,8 k €
  9. 2015
    Annual accounts 20155,1 k €
  10. 2014
    Annual accounts 2014-6,7 k €
  11. 2013
    Annual accounts 20132 k €
  12. 2012
    Annual accounts 2012-32,1 k €
  13. 2011
    Annual accounts 201114,1 k €
  14. 2010
    Annual accounts 201035,5 k €
  15. 2009
    Annual accounts 20094,9 k €
  16. 2008
    Annual accounts 200814 k €
  17. 2007
    Annual accounts 2007-22,1 k €
  18. 2006
    Annual accounts 2006-96 k €