TF CO
0877.890.580 · rovalta.com · 22/09/2026
ACTIVE
TF CO
Financial year 2025 · closed on 30/06/2025
Net result
75,4 k €
+134.0% YoY
Revenue
26,9 M €
-2.6% YoY
Equity
910,2 k €
+4.0% YoY
Workforce
162,8 ETP
-9.6% YoY
Overview
What does TF CO do?
TF CO is a Public limited company incorporated in 2005. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Seneffe. It employs on average 162,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0877.890.580
Incorporation
14/12/2005
Legal form
Public limited company
Registered office
Rue Jules Bordet 65
7180 Seneffe · WallonieSee on map
7180 Seneffe · WallonieSee on map
Contributed capital
800 000,00 €
Latest accounts
30/06/2025
Average workforce
162,8 ETP
Activities (NACE)
Joint committees (3)
- 118
- 201
- 220
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Revenue | 26,9 M € | -2.6% | 27,7 M € | +0.0% | 27,7 M € | +11.5% | 24,8 M € | +32.7% | 18,7 M € | +10.7% | 16,9 M € | +10.3% | 15,3 M € | +9.9% | 13,9 M € | +12.9% | 12,3 M € | +8.2% | 11,4 M € | – | – | – | – | – | – | – | |||||||
| EBITDA | 1,1 M € | +37.5% | 820 k € | -47.6% | 1,6 M € | +70.9% | 915,1 k € | -11.5% | 1 M € | +146% | 419,7 k € | -61.8% | 1,1 M € | -37.8% | 1,8 M € | +50.3% | 1,2 M € | -15.0% | 1,4 M € | +37.1% | 1 M € | -10.4% | 1,1 M € | +14.3% | 983,8 k € | +2.6% | 958,8 k € | -6.8% | 1 M € | +253% | 291,7 k € | +35.5% | 215,3 k € |
| Operating result | 217 k € | +266% | -131,1 k € | -123% | 573,2 k € | +3106% | -19,1 k € | -123% | 84,4 k € | +118% | -476,7 k € | -298% | 240,5 k € | -75.3% | 973,2 k € | +42.4% | 683,6 k € | -23.1% | 889,4 k € | +45.0% | 613,4 k € | -25.2% | 820,4 k € | +10.1% | 744,9 k € | +6.9% | 696,9 k € | -17.0% | 840 k € | +423% | 160,6 k € | +61.1% | 99,7 k € |
| Net result | 75,4 k € | +134% | -221,7 k € | -155% | 404,1 k € | +2486% | 15,6 k € | -66.6% | 46,8 k € | +110% | -491,8 k € | -540% | 111,7 k € | -80.4% | 568,8 k € | +30.3% | 436,7 k € | -37.0% | 693,1 k € | +124% | 309,1 k € | -2.4% | 316,6 k € | -15.4% | 374,4 k € | -12.7% | 429 k € | -28.2% | 597,3 k € | +584% | 87,4 k € | -3.0% | 90,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 910,2 k € | +4.0% | 874,8 k € | -23.7% | 1,1 M € | +42.8% | 802,3 k € | -11.0% | 901,6 k € | -33.2% | 1,4 M € | -36.7% | 2,1 M € | -42.8% | 3,7 M € | +61.0% | 2,3 M € | +0.9% | 2,3 M € | +46.4% | 1,6 M € | +17.1% | 1,3 M € | +11.8% | 1,2 M € | +29.7% | 923,7 k € | +16.2% | 794,8 k € | +303% | 197,4 k € | +556% | 30,1 k € |
| Total assets | 9 M € | -2.0% | 9,2 M € | +0.4% | 9,2 M € | -1.9% | 9,3 M € | +10.7% | 8,4 M € | -2.0% | 8,6 M € | -3.6% | 8,9 M € | -1.7% | 9,1 M € | +46.2% | 6,2 M € | +32.9% | 4,7 M € | +27.9% | 3,7 M € | +15.1% | 3,2 M € | +16.7% | 2,7 M € | -1.2% | 2,8 M € | +25.2% | 2,2 M € | +104% | 1,1 M € | +39.1% | 773 k € |
| Cash | 742,6 k € | +0.5% | 738,8 k € | -27.7% | 1 M € | +51.9% | 672,4 k € | +6.4% | 632,3 k € | +259% | 175,9 k € | -53.0% | 374,1 k € | +121% | 168,9 k € | -60.7% | 429,4 k € | -51.1% | 877,5 k € | -0.1% | 877,9 k € | -18.6% | 1,1 M € | +23.3% | 874,6 k € | -4.2% | 913 k € | -10.9% | 1 M € | +1429% | 67 k € | +140% | 27,9 k € |
| Debts | 7,9 M € | -3.5% | 8,1 M € | +4.7% | 7,8 M € | -6.9% | 8,4 M € | +13.2% | 7,4 M € | +3.1% | 7,2 M € | +5.8% | 6,8 M € | +26.9% | 5,3 M € | +62.2% | 3,3 M € | +87.8% | 1,8 M € | -1.6% | 1,8 M € | +3.2% | 1,7 M € | +18.0% | 1,5 M € | -20.1% | 1,8 M € | +42.7% | 1,3 M € | +46.0% | 877,8 k € | +18.4% | 741,6 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 162,8 ETP | -9.6% | 180,1 ETP | -4.3% | 188,2 ETP | +6.4% | 176,8 ETP | +25.1% | 141,3 ETP | +8.1% | 130,7 ETP | +16.8% | 111,9 ETP | +12.6% | 99,4 ETP | -1.1% | 100,5 ETP | +11.4% | 90,2 ETP | +14.3% | 78,9 ETP | +39.2% | 56,7 ETP | +10.5% | 51,3 ETP | +33.6% | 38,4 ETP | +35.2% | 28,4 ETP | +178% | 10,2 ETP | – | |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 5 active · 23 ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 15/01/2026 | 13/12/2024 | 25/01/2024 | 23/01/2023 | 26/01/2022 | 25/02/2021 |
| General meeting | 18/12/2025 | 18/11/2024 | 20/11/2023 | 23/12/2022 | 15/11/2021 | 16/11/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 30/06/2025 | 18/12/2025 | 15/01/2026 | French | |
| Full model | 30/06/2024 | 18/11/2024 | 13/12/2024 | French | |
| Full model | 30/06/2023 | 20/11/2023 | 25/01/2024 | French | |
| Full model | 30/06/2022 | 23/12/2022 | 23/01/2023 | French | |
| Full model | 30/06/2021 | 15/11/2021 | 26/01/2022 | French | |
| Full modelCorrection | 30/06/2020 | 16/11/2020 | 25/02/2021 | French | |
| Full model | 30/06/2020 | 16/11/2020 | 28/01/2021 | French | |
| Full model | 30/06/2019 | 18/11/2019 | 10/12/2019 | French | |
| Full model | 30/06/2018 | 20/12/2018 | 14/01/2019 | French | |
| Full model | 30/06/2017 | 08/12/2017 | 08/01/2018 | French | |
| Full model | 30/06/2016 | 21/11/2016 | 23/12/2016 | French | |
| Full model | 30/06/2015 | 30/12/2015 | 15/01/2016 | French | |
| Full model | 30/06/2014 | 31/12/2014 | 14/01/2015 | French | |
| Abridged model | 30/06/2013 | 15/01/2014 | 13/02/2014 | French | |
| Abridged model | 30/06/2012 | 03/01/2013 | 14/01/2013 | French | |
| Abridged model | 30/06/2011 | 25/11/2011 | 10/01/2012 | French | |
| Abridged model | 30/06/2010 | 10/01/2011 | 14/01/2011 | French | |
| Abridged model | 30/06/2009 | 29/12/2009 | 01/02/2010 | French | |
| Abridged model | 30/06/2008 | 17/12/2008 | 14/01/2009 | French | |
| Abridged model | 30/06/2007 | 04/02/2008 | 29/02/2008 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/06/2025 · 5 active · 23 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates31/03/2026DEMISSIONS, NOMINATIONS
- Mandates21/01/2026DEMISSIONS, NOMINATIONS
- Mandates19/05/2025DEMISSIONS, NOMINATIONS
- Mandates23/08/2023DEMISSIONS, NOMINATIONS
- Mandates30/03/2023DEMISSIONS, NOMINATIONS
- Mandates07/12/2022DEMISSIONS, NOMINATIONS
- Capital / shares21/01/2022STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
- Registered office28/07/2020SIEGE SOCIAL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202575,4 k €↑
- 2024Annual accounts 2024-221,7 k €↓
- 2023Annual accounts 2023404,1 k €↑
- 2022Annual accounts 202215,6 k €↓
- 2019Annual accounts 201946,8 k €↑
- 2018Annual accounts 2018-491,8 k €↓
- 2017Annual accounts 2017111,7 k €↓
- 2016Annual accounts 2016568,8 k €↑
- 2015Annual accounts 2015436,7 k €↓
- 2014Annual accounts 2014693,1 k €↑
- 2013Annual accounts 2013309,1 k €↓
- 2012Annual accounts 2012316,6 k €↓
- 2011Annual accounts 2011374,4 k €↓
- 2010Annual accounts 2010429 k €↓
- 2009Annual accounts 2009597,3 k €↑
- 2008Annual accounts 200887,4 k €↓
- 2007Annual accounts 200790,1 k €
- 14/12/2005IncorporationPublic limited company