ACTIVE

TC & T

Financial year 2025 · closed on 31/12/2025
Net result
1,2 M €
-40.3% YoY
Gross margin
2,6 M €
-13.3% YoY
Equity
3,5 M €
+52.3% YoY
Workforce
7,1 ETP
0.0% YoY

What does TC & T do?

TC & T is a Public limited company incorporated in 2005. Its main activity is: Support activities for transportation. Its registered office is in Antwerpen. It employs on average 7,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0876.573.063
Incorporation
10/10/2005
Legal form
Public limited company
Registered office
Berchemstadionstraat 76 box 9
2600 Antwerpen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
7,1 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220132012201120102009200820072006
Income statement
Gross margin2,6 M €3 M €4,3 M €3 M €461,6 k €440,9 k €419,8 k €455,3 k €599,9 k €640,5 k €378,5 k €411,8 k €
EBITDA2,2 M €2,6 M €3,7 M €2,8 M €325,2 k €310,6 k €292 k €372,2 k €520,1 k €566,6 k €330 k €377,5 k €
Operating result2,1 M €2,5 M €3,6 M €2,7 M €323,1 k €308,3 k €289,4 k €352,1 k €517,6 k €561,9 k €324 k €373,7 k €
Net result1,2 M €2 M €2,5 M €2,3 M €202,8 k €199,7 k €194,3 k €240,4 k €354,1 k €350,6 k €209 k €247,9 k €
Balance sheet
Equity3,5 M €2,3 M €2,3 M €1,8 M €67,7 k €67,7 k €87,9 k €83,6 k €73,2 k €69,1 k €68,5 k €254,1 k €
Total assets4,2 M €5,4 M €4,9 M €4,8 M €584,7 k €548,2 k €574,2 k €598,1 k €442,8 k €654 k €497,3 k €429,3 k €
Cash1,3 M €4,7 M €4,3 M €4,1 M €289,1 k €257,9 k €320 k €498,1 k €342,3 k €167,1 k €52,1 k €402,8 k €
Debts640,7 k €3 M €2,6 M €3,1 M €517 k €480,5 k €484,2 k €512,5 k €367,6 k €582,9 k €361,3 k €165,2 k €
Other
Workforce7,1 ETP7,1 ETP7,1 ETP5,8 ETP3,0 ETP3,0 ETP3,0 ETP2,0 ETP2,0 ETP2,0 ETP1,3 ETP0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 14 ended

Active mandates

TC&T Holding

Director · since 25 juin 2026 · 1039.109.035

Represented by Arnaud Persyn

Active
Guy Bultynck

Director · since 23 décembre 2022 · until 25 juin 2026

Active
Hafedh Cherif

Managing director · since 23 décembre 2022 · until 25 juin 2026

Active

Ended mandates

Guy Bultynck

Director · since 23 décembre 2022 · until 16 juin 2028

Ended
Hafedh Cherif

Managing director · since 23 décembre 2022 · until 16 juin 2028

Ended
Guy Bultynck

Director · since 15 juin 2018 · until 15 mars 2024

Ended
Hafedh Cherif

Director · since 15 juin 2018 · until 15 mars 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date28/07/202623/07/202525/06/202404/04/202318/03/202216/03/2021
General meeting16/07/202616/07/202521/06/202417/03/202318/03/202215/03/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/07/202628/07/2026DutchPDF
Abridged model31/12/202416/07/202523/07/2025DutchPDF
Abridged model31/12/202321/06/202425/06/2024DutchPDF
Abridged model30/09/202217/03/202304/04/2023DutchPDF
Abridged model30/09/202118/03/202218/03/2022DutchPDF
Abridged model30/09/202015/03/202116/03/2021DutchPDF
Abridged model30/09/201920/03/202024/03/2020DutchPDF
Abridged model30/09/201814/12/201827/12/2018DutchPDF
Abridged model30/09/201715/12/201718/12/2017DutchPDF
Abridged model30/09/201621/12/201605/01/2017DutchPDF
Abridged model31/12/201419/06/201526/08/2015DutchPDF
Abridged model31/12/201320/06/201426/08/2014DutchPDF
Abridged model31/12/201221/06/201316/07/2013DutchPDF
Abridged model31/12/201115/06/201215/06/2012DutchPDF
Abridged model31/12/201017/06/201126/07/2011DutchPDF
Abridged model31/12/200918/06/201006/07/2010DutchPDF
Abridged model31/12/200817/02/200917/06/2009DutchPDF
Abridged model31/12/200720/06/200809/07/2008DutchPDF
Abridged model31/12/200620/07/200727/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 3 active · 14 ended

Active mandates

TC&T Holding

Director · since 25 juin 2026 · 1039.109.035

Represented by Arnaud Persyn

Active
Guy Bultynck

Director · since 23 décembre 2022 · until 25 juin 2026

Active
Hafedh Cherif

Managing director · since 23 décembre 2022 · until 25 juin 2026

Active

Ended mandates

Guy Bultynck

Director · since 23 décembre 2022 · until 16 juin 2028

Ended
Hafedh Cherif

Managing director · since 23 décembre 2022 · until 16 juin 2028

Ended
Guy Bultynck

Director · since 15 juin 2018 · until 15 mars 2024

Ended
Hafedh Cherif

Director · since 15 juin 2018 · until 15 mars 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/06/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates06/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/01/2016
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office25/07/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/07/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/04/2007
    WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 20251,2 M €
  2. 2024
    Annual accounts 20242 M €
  3. 2023
    Annual accounts 20232,5 M €
  4. 2022
    Annual accounts 20222,3 M €
  5. 2013
    Annual accounts 2013202,8 k €
  6. 2012
    Annual accounts 2012199,7 k €
  7. 2011
    Annual accounts 2011194,3 k €
  8. 2010
    Annual accounts 2010240,4 k €
  9. 2009
    Annual accounts 2009354,1 k €
  10. 2008
    Annual accounts 2008350,6 k €
  11. 2007
    Annual accounts 2007209 k €
  12. 2006
    Annual accounts 2006247,9 k €
  13. 10/10/2005
    IncorporationPublic limited company