ACTIVE

TDH

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Financial year 2025 · closed on 31/12/2025

Net result

535 k €

+23.2% YoY

Gross margin

1,1 M €

+15.1% YoY

Equity

2 M €

+20.9% YoY

Workforce

3,6 ETP

0.0% YoY

What does TDH do?

TDH is a Private limited company incorporated in 2005. Its main activity is: Pre-primary education. Its registered office is in Gent. It employs on average 3,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0876.494.572

Incorporation

03/10/2005

Legal form

Private limited company

Registered office

Flamingostraat 1
9000 Gent · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

3,6 ETP

Activities (NACE)

85130Pre-primary education· main 86230Dental practice activities 86230Dental practice activities

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,1 M €	+15.1%	924,7 k €	+18.9%	777,9 k €	+4.4%	744,9 k €	+31.0%	568,6 k €	+32.1%	430,5 k €	-6.3%	459,5 k €	+26.9%	362,1 k €	+44.9%	249,8 k €	+1.5%	246,1 k €	+14.8%	214,4 k €	-5.0%	225,7 k €	+132%	97,2 k €	-10.8%	108,9 k €	+40.5%	77,6 k €	-4.6%	81,3 k €	+467%	14,3 k €	-82.9%	83,7 k €	+20.8%	69,3 k €
EBITDA	905,6 k €	+18.7%	763 k €	+16.6%	654,1 k €	+5.4%	620,4 k €	+35.9%	456,4 k €	+27.1%	359,1 k €	-8.8%	393,6 k €	+35.3%	290,9 k €	+49.1%	195,1 k €	-2.3%	199,6 k €	+17.0%	170,6 k €	-10.2%	189,9 k €	+166%	71,3 k €	-12.1%	81,1 k €	+60.6%	50,5 k €	-21.7%	64,5 k €	+9321%	-700 €	-101%	77,2 k €	+12.6%	68,5 k €
Operating result	774,8 k €	+24.3%	623,4 k €	+19.1%	523,6 k €	+2.3%	511,8 k €	+39.3%	367,4 k €	+30.7%	281,1 k €	-10.0%	312,3 k €	+37.0%	228 k €	+69.9%	134,1 k €	-9.2%	147,7 k €	+65.6%	89,2 k €	-27.9%	123,6 k €	+167%	46,3 k €	-27.5%	63,9 k €	+118%	29,4 k €	-36.7%	46,4 k €	+338%	-19,5 k €	-132%	61,7 k €	+9.2%	56,5 k €
Net result	535 k €	+23.2%	434,2 k €	+21.4%	357,6 k €	+0.9%	354,3 k €	+31.5%	269,4 k €	+40.6%	191,6 k €	-8.1%	208,5 k €	+44.2%	144,5 k €	+95.3%	74 k €	-11.3%	83,5 k €	+112%	39,3 k €	-44.8%	71,2 k €	+141%	29,5 k €	-34.0%	44,7 k €	+95.5%	22,9 k €	-45.2%	41,8 k €	+314%	-19,5 k €	-145%	43,2 k €	-0.6%	43,4 k €
Balance sheet
Equity	2 M €	+20.9%	1,6 M €	+15.9%	1,4 M €	+17.6%	1,2 M €	+19.5%	1 M €	+19.0%	849 k €	+29.2%	657,4 k €	+9.8%	598,8 k €	+31.8%	454,3 k €	+19.5%	380,3 k €	+28.1%	296,8 k €	+15.3%	257,5 k €	+74.6%	147,5 k €	+28.3%	115 k €	+63.6%	70,3 k €	-44.9%	127,4 k €	+48.8%	85,6 k €	-18.6%	105,2 k €	+69.6%	62 k €
Total assets	2,4 M €	+11.4%	2,2 M €	+13.1%	1,9 M €	+13.7%	1,7 M €	+14.9%	1,5 M €	+10.2%	1,3 M €	+1.3%	1,3 M €	+21.1%	1,1 M €	+3.1%	1 M €	+5.4%	993,6 k €	+3.0%	964,8 k €	+9.7%	879,5 k €	+382%	182,5 k €	+14.5%	159,4 k €	+1.0%	157,8 k €	-4.1%	164,6 k €	+12.3%	146,6 k €	-31.7%	214,7 k €	+27.2%	168,7 k €
Cash	397,3 k €	-45.8%	732,7 k €	+18.8%	616,8 k €	+48.7%	414,9 k €	+37.0%	302,8 k €	-21.2%	384,4 k €	+6.6%	360,8 k €	+38.4%	260,7 k €	+51.7%	171,9 k €	+47.1%	116,9 k €	+151%	46,6 k €	-24.0%	61,3 k €	+50.7%	40,7 k €	+9.9%	37 k €	+218%	11,6 k €	-33.3%	17,5 k €	+1917%	866 €	-96.0%	21,8 k €	-64.1%	60,7 k €
Debts	413,5 k €	-19.1%	511,4 k €	+5.0%	487,2 k €	+3.5%	470,6 k €	+4.8%	449,2 k €	-5.6%	475,6 k €	-26.8%	649,8 k €	+35.3%	480,4 k €	-19.0%	592,8 k €	-3.4%	613,4 k €	-8.2%	668 k €	+7.4%	622 k €	+1714%	34,3 k €	-3.2%	35,4 k €	-59.5%	87,6 k €	+136%	37,2 k €	-39.0%	61 k €	-44.4%	109,6 k €	+2.6%	106,7 k €
Other
Workforce	3,6 ETP	0.0%	3,6 ETP	+16.1%	3,1 ETP	+14.8%	2,7 ETP	0.0%	2,7 ETP	+22.7%	2,2 ETP	+22.2%	1,8 ETP		–		–		–		1,3 ETP	+30.0%	1,0 ETP	+66.7%	0,6 ETP	0.0%	0,6 ETP	+500%	0,1 ETP	-83.3%	0,6 ETP	0.0%	0,6 ETP	+200%	0,2 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

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

Active mandates

Luc Holvoet

Director

Active

Virginie Demeersman

Manager

Active

Ended mandates

Virginie Demeersseman

Manager · since 03 octobre 2005

Ended

Virginie Demeersman

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	12/06/2026	12/06/2025	23/05/2024	17/03/2023	10/06/2022	20/05/2021
General meeting	16/05/2026	17/05/2025	18/05/2024	17/03/2023	21/05/2022	15/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/05/2026	12/06/2026	Dutch	PDF
Abridged model	31/12/2024	17/05/2025	12/06/2025	Dutch	PDF
Abridged model	31/12/2023	18/05/2024	23/05/2024	Dutch	PDF
Abridged model	31/12/2022	17/03/2023	17/03/2023	Dutch	PDF
Abridged model	31/12/2021	21/05/2022	10/06/2022	Dutch	PDF
Abridged model	31/12/2020	15/05/2021	20/05/2021	Dutch	PDF
Abridged model	31/12/2019	16/05/2020	27/05/2020	Dutch	PDF
Micro model	31/12/2018	18/05/2019	20/06/2019	Dutch	PDF
Micro model	31/12/2017	19/05/2018	29/05/2018	Dutch	PDF
Micro model	31/12/2016	20/05/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	19/05/2014	Dutch	PDF
Abridged model	31/12/2012	18/05/2013	10/06/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	14/06/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	07/06/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	11/06/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	15/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 ended

Active mandates

Luc Holvoet

Director

Active

Virginie Demeersman

Manager

Active

Ended mandates

Virginie Demeersseman

Manager · since 03 octobre 2005

Ended

Virginie Demeersman

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/02/2015
MAATSCHAPPELIJKE ZETEL
PDF
Other21/10/2005
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 2025535 k €↑
2024
Annual accounts 2024434,2 k €↑
2023
Annual accounts 2023357,6 k €↑
2022
Annual accounts 2022354,3 k €↑
2021
Annual accounts 2021269,4 k €↑
2020
Annual accounts 2020191,6 k €↓
2019
Annual accounts 2019208,5 k €↑
2018
Annual accounts 2018144,5 k €↑
2017
Annual accounts 201774 k €↓
2016
Annual accounts 201683,5 k €↑
2015
Annual accounts 201539,3 k €↓
2014
Annual accounts 201471,2 k €↑
2012
Annual accounts 201229,5 k €↓
2011
Annual accounts 201144,7 k €↑
2010
Annual accounts 201022,9 k €↓
2009
Annual accounts 200941,8 k €↑
2008
Annual accounts 2008-19,5 k €↓
2007
Annual accounts 200743,2 k €↓
2006
Annual accounts 200643,4 k €
03/10/2005
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

TDH

Overview

What does TDH do?

Trend over 19 financial years

Indicative valuation

Board of directors

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