ACTIVE

T.V.B.

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Financial year 2025 · closed on 31/12/2025

Net result

102,5 k €

+26.7% YoY

Revenue

19,7 M €

-1.6% YoY

Equity

196,4 k €

-51.5% YoY

Workforce

169,6 ETP

+9.6% YoY

What does T.V.B. do?

T.V.B. is a Private limited company incorporated in 2006. Its main activity is: Other retail sale of new goods in specialised stores. Its registered office is in Hasselt. It employs on average 169,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0880.129.203

Incorporation

16/03/2006

Legal form

Private limited company

Registered office

Gouverneur Roppesingel 83
3500 Hasselt · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

169,6 ETP

Activities (NACE)

47781Other retail sale of new goods in specialised stores· main 47781Other retail sale of new goods in specialised stores 49410Freight transport by road 49410Freight transport by road 60242Television programming and broadcasting activities

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	19,7 M €	-1.6%	20 M €	-6.2%	21,3 M €		–		–		12,7 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	310,7 k €	+3.1%	301,3 k €	-6.4%	321,9 k €	+58.1%	203,6 k €	+14.6%	177,6 k €	+12.4%	158 k €	+167%	59,2 k €	+1.9%	58,1 k €	+22.5%	47,5 k €	+102%	23,5 k €	-19.4%	29,2 k €	-2.1%	29,8 k €	+185%	10,5 k €	+124%	4,7 k €	-26.1%	6,3 k €	-78.5%	29,5 k €	-67.8%	91,7 k €	+76.1%	52,1 k €	+250%	14,9 k €	-80.0%	74,6 k €
Operating result	291,2 k €	+3.4%	281,7 k €	-6.8%	302,4 k €	+64.3%	184,1 k €	+16.4%	158,1 k €	+14.2%	138,5 k €	+134%	59,2 k €	+1.9%	58,1 k €	+22.5%	47,5 k €	+102%	23,5 k €	-19.4%	29,2 k €	-2.1%	29,8 k €	+185%	10,5 k €	+124%	4,7 k €	-26.1%	6,3 k €	-78.5%	29,5 k €	-67.8%	91,7 k €	+76.1%	52,1 k €	+250%	14,9 k €	-80.0%	74,6 k €
Net result	102,5 k €	+26.7%	80,9 k €	-13.1%	93,1 k €	+48.1%	62,8 k €	-7.0%	67,6 k €	+31.0%	51,6 k €	+78.9%	28,8 k €	-15.3%	34,1 k €	+33.6%	25,5 k €	+147%	10,3 k €	-36.9%	16,3 k €	-7.2%	17,6 k €	+856%	1,8 k €	+53.0%	1,2 k €	-16.7%	1,4 k €	-90.4%	15 k €	-74.3%	58,5 k €	+154%	23 k €	+360%	5 k €	-89.1%	45,8 k €
Balance sheet
Equity	196,4 k €	-51.5%	405,3 k €	+24.9%	324,4 k €	+40.2%	231,3 k €	+37.3%	168,5 k €	+67.0%	100,9 k €	+105%	49,3 k €	+141%	20,5 k €	0.0%	20,5 k €	0.0%	20,5 k €	0.0%	20,5 k €	0.0%	20,5 k €	-16.3%	24,5 k €	-42.6%	42,6 k €	+2.9%	41,4 k €	+3.6%	40 k €	-41.9%	68,8 k €	-49.5%	136,3 k €	+20.3%	113,3 k €	+4.6%	108,3 k €
Total assets	3,7 M €	-35.3%	5,7 M €	-21.9%	7,3 M €	+46.4%	5 M €	+83.0%	2,7 M €	+22.7%	2,2 M €	+205%	724,8 k €	+113%	340,5 k €	+43.1%	238 k €	+29.2%	184,3 k €	+43.8%	128,1 k €	-33.6%	192,8 k €	-18.1%	235,5 k €	+8.1%	217,8 k €	+1.2%	215,2 k €	-28.9%	302,6 k €	-48.7%	589,9 k €	-34.7%	904 k €	+64.4%	550 k €	-26.9%	752,2 k €
Cash	31,6 k €	+95.9%	16,1 k €	-88.4%	139,6 k €	-35.8%	217,5 k €	+14.8%	189,4 k €	-54.7%	417,7 k €	+162%	159,6 k €	-44.1%	285,3 k €	+31.8%	216,5 k €	+37.2%	157,8 k €	+56.5%	100,8 k €	-24.0%	132,6 k €	-25.0%	176,7 k €	-4.8%	185,6 k €	+132%	79,9 k €	-50.2%	160,6 k €	-59.5%	396,7 k €	-50.8%	805,5 k €		–		1,2 k €
Debts	3,5 M €	-34.1%	5,3 M €	-24.0%	6,9 M €	+46.9%	4,7 M €	+85.4%	2,5 M €	+20.6%	2,1 M €	+212%	674,9 k €	+111%	319,8 k €	+47.0%	217,6 k €	+33.0%	163,6 k €	+52.1%	107,5 k €	-37.6%	172,2 k €	-18.3%	210,8 k €	+20.5%	175 k €	+0.8%	173,7 k €	-33.9%	262,6 k €	-49.6%	520,9 k €	-32.0%	766,5 k €	+83.1%	418,5 k €	-34.2%	636,1 k €
Other
Workforce	169,6 ETP	+9.6%	154,7 ETP	+0.5%	154,0 ETP	+19.5%	128,9 ETP	+8.1%	119,2 ETP	-6.9%	128,1 ETP	+211%	41,2 ETP	+2.2%	40,3 ETP	+24.0%	32,5 ETP	+31.0%	24,8 ETP	+23.4%	20,1 ETP	-3.8%	20,9 ETP	+7.2%	19,5 ETP	-3.0%	20,1 ETP	-6.1%	21,4 ETP	-43.8%	38,1 ETP	-25.4%	51,1 ETP	+20.0%	42,6 ETP	-14.5%	49,8 ETP	+171%	18,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

T.L.A.

Director · since 01 septembre 2022 · 0879.638.461

Represented by Walter Vankerckhoven

Active

I2SMD

Director · since 01 juin 2022 · 0885.627.123

Represented by Tom Lambert

Active

Jowan

Director · since 04 février 2020 · 0846.603.825

Represented by Jonas Wanten

Active

Ended mandates

AMBO

Director · since 01 octobre 2020 · until 01 septembre 2022 · 0872.527.173

Represented by Stefan Baeten

Ended

AMBO

Director · since 01 octobre 2020 · 0872.527.173

Represented by Stefan BAETEN

Ended

David Delellio

Director · since 01 octobre 2020 · until 01 septembre 2022

Ended

David DELELLIO

Director · since 01 octobre 2020

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full 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	16/07/2026	03/07/2025	10/09/2024	29/06/2023	23/06/2022	22/06/2021
General meeting	23/06/2026	12/06/2025	30/08/2024	22/06/2023	07/06/2022	07/06/2021
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
Full model	31/12/2025	23/06/2026	16/07/2026	Dutch	PDF
Full model	31/12/2024	12/06/2025	03/07/2025	Dutch	PDF
Full model	31/12/2023	30/08/2024	10/09/2024	Dutch	PDF
Abridged model	31/12/2022	22/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	22/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	01/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	14/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	01/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	29/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	30/08/2007	Dutch	PDF

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.

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 · 28 ended

Active mandates

T.L.A.

Director · since 01 septembre 2022 · 0879.638.461

Represented by Walter Vankerckhoven

Active

I2SMD

Director · since 01 juin 2022 · 0885.627.123

Represented by Tom Lambert

Active

Jowan

Director · since 04 février 2020 · 0846.603.825

Represented by Jonas Wanten

Active

Ended mandates

AMBO

Director · since 01 octobre 2020 · until 01 septembre 2022 · 0872.527.173

Represented by Stefan Baeten

Ended

AMBO

Director · since 01 octobre 2020 · 0872.527.173

Represented by Stefan BAETEN

Ended

David Delellio

Director · since 01 octobre 2020 · until 01 septembre 2022

Ended

David DELELLIO

Director · since 01 octobre 2020

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/02/2020
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 2025102,5 k €↑
2024
Annual accounts 202480,9 k €↓
2023
Annual accounts 202393,1 k €↑
2022
Annual accounts 202262,8 k €↓
2021
Annual accounts 202167,6 k €↑
2020
Annual accounts 202051,6 k €↑
2019
Annual accounts 201928,8 k €↓
2018
Annual accounts 201834,1 k €↑
2017
Annual accounts 201725,5 k €↑
2016
Annual accounts 201610,3 k €↓
2015
Annual accounts 201516,3 k €↓
2014
Annual accounts 201417,6 k €↑
2013
Annual accounts 20131,8 k €↑
2012
Annual accounts 20121,2 k €↓
2011
Annual accounts 20111,4 k €↓
2010
Annual accounts 201015 k €↓
2009
Annual accounts 200958,5 k €↑
2008
Annual accounts 200823 k €↑
2007
Annual accounts 20075 k €↓
2006
Annual accounts 200645,8 k €
16/03/2006
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

T.V.B.

Overview

What does T.V.B. do?

Trend over 20 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