ACTIVE

TRE Commerce

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Financial year 2025 · Closed on 31/12/2025

Net result21,8 k €-17,4 %over 1 year

Gross margin89,7 k €-2,8 %over 1 year

Equity72,1 k €0,0 %over 1 year

Workforce1,3 ETP-18,8 %over 1 year

Identity

Source · BCE/KBO

TRE Commerce is a Private limited company incorporated in 2007. Its main activity is: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores. Its registered office is in Antwerpen. It employs on average 1,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0888.518.713
Incorporation: 04/04/2007
Legal form: Private limited company
Registered office: Hoogstraat 33
2000 Antwerpen · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 1,3 ETP

Activities (NACE)

47242Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores· main 47242Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores 47279Retail sale of food, beverages and tobacco in specialised stores 47299Other retail sale of food in specialised stores 52272Support activities for transportation

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	89,7 k €	-2.8%	92,3 k €	-11.9%	104,8 k €	+58.3%	66,2 k €	+150%	26,5 k €
EBITDA	51 k €	-14.0%	59,3 k €	-19.8%	73,9 k €	+68.6%	43,8 k €	+104%	21,5 k €
Operating result	41,9 k €	-16.7%	50,2 k €	-14.3%	58,6 k €	+104%	28,7 k €	+312%	7 k €
Net result	21,8 k €	-17.4%	26,4 k €	-43.3%	46,5 k €	+147%	18,8 k €	+39.1%	13,5 k €
Balance sheet
Equity	72,1 k €	0.0%	72,1 k €	-12.1%	82 k €	+0.6%	81,6 k €	+30.0%	62,8 k €
Total assets	190,1 k €	-18.3%	232,8 k €	-7.6%	251,9 k €	+33.1%	189,2 k €	-3.5%	196,1 k €
Cash	76,4 k €	-29.9%	109 k €	+11.1%	98 k €	+21.0%	81,1 k €	+50.5%	53,8 k €
Debts	118 k €	-26.1%	159,7 k €	-4.7%	167,6 k €	+58.8%	105,5 k €	-19.7%	131,4 k €
Other
Workforce	1,3 ETP	-18.8%	1,6 ETP	+6.7%	1,5 ETP	+66.7%	0,9 ETP	+350%	0,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
V&K MANAGEMENT0792.360.831Represented by Cyriel VERSTEEGH	Directorsince 01/01/2023

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BETTINA KATH	Director02/04/2007 → 2021 accountsManager02/04/2007 → 2020 accounts
CYRIEL VERSTEEGH	Director02/04/2007 → 2021 accountsManager02/04/2007 → 2020 accounts

Other companies at this address

Hoogstraat 33 2000 Antwerpen

Company	CBE no.
V&K MANAGEMENT● Active	0792.360.831

Full financial information

Source · NBB

	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	31/08/2026	29/07/2025	14/08/2024	09/09/2023	28/03/2022	22/06/2021
General meeting	25/08/2026	26/07/2025	01/08/2024	05/09/2023	24/03/2022	16/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	26/07/2025	29/07/2025	Dutch	PDF
Abridged model	31/12/2023	01/08/2024	14/08/2024	Dutch	PDF
Abridged model	31/12/2022	05/09/2023	09/09/2023	Dutch	PDF
Abridged model	31/12/2021	24/03/2022	28/03/2022	Dutch	PDF
Abridged model	31/12/2020	16/06/2021	22/06/2021	Dutch	PDF
Abridged model	31/12/2019	17/06/2020	14/07/2020	Dutch	PDF
Abridged model	31/12/2018	19/06/2019	02/07/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	22/06/2018	Dutch	PDF
Abridged model	31/12/2016	21/06/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	17/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	01/07/2014	Dutch	PDF
Abridged model	31/12/2012	19/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	16/06/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	20/07/2009	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
V&K MANAGEMENT0792.360.831Represented by Cyriel VERSTEEGH	Directorsince 01/01/2023

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BETTINA KATH	Director02/04/2007 → 2021 accountsManager02/04/2007 → 2020 accounts
CYRIEL VERSTEEGH	Director02/04/2007 → 2021 accountsManager02/04/2007 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office08/03/2024
WIJZIGING RECHTSVORM, DOEL, MAATSCHAPPELIJKE ZETEL,
PDF
Mandates14/02/2023
Ontslagen — benoemingen
PDF
Other16/04/2007
OPRICHTING - BENOEMINGEN
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

V&K MANAGEMENT

BETTINA KATH

ROY VERSTEEGH

CYRIEL VERSTEEGH

20072008200920102011201220132014201520162017201820192020202120222023202420252026

TRE Commerce

Hoogstraat 33, 2000 AntwerpTorfbrug 1, 2000 Antwerp

Director

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Hoogstraat 33, 2000 AntwerpCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00458318
Torfbrug 1, 2000 Antwerp	accounts 2022 → 2023	Accounts 2023 · 2024-00344576

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TRE CommerceCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00458318

Events

2025
Annual accounts 202521,8 k €↓
2024
Annual accounts 202426,4 k €↓
2023
Annual accounts 202346,5 k €↑
2022
Annual accounts 202218,8 k €↑
2021
Annual accounts 202113,5 k €↑
2020
Annual accounts 2020-39,5 k €↓
2019
Annual accounts 2019-20,8 k €↓
2018
Annual accounts 20181,4 k €↓
2017
Annual accounts 201715 k €↑
2016
Annual accounts 2016-8,8 k €↓
2015
Annual accounts 201524,3 k €↑
2014
Annual accounts 201419 k €↓
2013
Annual accounts 201321,5 k €↑
2012
Annual accounts 2012-3,6 k €↓
2011
Annual accounts 201113,5 k €↑
2010
Annual accounts 20109,4 k €↑
2009
Annual accounts 2009-5,1 k €↓
2008
Annual accounts 20084,5 k €
04/04/2007
IncorporationPrivate limited company

TRE Commerce

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events