ACTIVE

TF2

Financial year 2025 · closed on 31/12/2025
Net result
144,5 k €
+4.8% YoY
Gross margin
259,7 k €
+0.3% YoY
Equity
1,3 M €
-4.5% YoY

What does TF2 do?

TF2 is a Private limited company incorporated in 2007. Its registered office is in Kruisem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0889.974.901
Incorporation
11/06/2007
Legal form
Private limited company
Registered office
Meesterstraatje 1
9750 Kruisem · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin259,7 k €258,8 k €1,9 M €699,2 k €798,5 k €863 k €714,2 k €576,4 k €423,6 k €399,6 k €380,5 k €363,9 k €326,8 k €134,5 k €112,4 k €86,2 k €49,3 k €49,8 k €
EBITDA256,4 k €258,2 k €1,5 M €223,7 k €318,5 k €197,4 k €160,3 k €157,2 k €112,6 k €128 k €118,9 k €138,5 k €184,7 k €46,6 k €40,7 k €53,8 k €40,3 k €47,4 k €
Operating result203,9 k €192,9 k €1,4 M €130,9 k €203 k €86,1 k €27,8 k €74,5 k €47,4 k €49,9 k €68,2 k €65,2 k €159,1 k €20,8 k €14,3 k €23,6 k €21,5 k €23,3 k €
Net result144,5 k €137,9 k €933,4 k €84,1 k €131,3 k €49,4 k €25,9 k €59,9 k €15,3 k €16 k €74 k €130,3 k €101,7 k €13,8 k €3,9 k €14,2 k €11,9 k €12 k €
Balance sheet
Equity1,3 M €1,4 M €1,3 M €370,8 k €302,8 k €337,9 k €288,5 k €262,6 k €205,9 k €190,6 k €238 k €164 k €133,7 k €32 k €18,2 k €44,3 k €30,1 k €18,2 k €
Total assets1,7 M €1,8 M €2,1 M €1,5 M €1,5 M €1,5 M €1,6 M €1 M €983,2 k €906,7 k €952,6 k €700,8 k €369 k €242,5 k €184,2 k €170 k €174,2 k €170,9 k €
Cash395,6 k €404,3 k €1,1 M €164,6 k €175,4 k €146,5 k €90,5 k €42,2 k €139,2 k €29,3 k €47,3 k €58,7 k €136,3 k €37,7 k €30,1 k €44 k €46,1 k €44,3 k €
Debts380,1 k €420,9 k €798,1 k €1,1 M €1,2 M €1,2 M €1,3 M €757,5 k €774,6 k €713,6 k €711,9 k €534,1 k €233,6 k €208,8 k €164,4 k €124,1 k €142,5 k €149,7 k €
Other
Workforce8,7 ETP8,3 ETP9,0 ETP12,1 ETP11,0 ETP5,9 ETP6,0 ETP4,0 ETP3,6 ETP3,5 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

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

Active mandates

Jo DE VOS

Mandate

Active
Vincent LEPERE

Mandate

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/06/202625/08/202530/09/202418/08/202323/06/202209/08/2021
General meeting16/06/202621/08/202527/09/202413/06/202321/06/202230/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202516/06/202618/06/2026DutchPDF
Abridged model31/12/202421/08/202525/08/2025DutchPDF
Abridged model31/12/202327/09/202430/09/2024DutchPDF
Abridged model31/12/202213/06/202318/08/2023DutchPDF
Abridged model31/12/202121/06/202223/06/2022DutchPDF
Abridged model31/12/202030/06/202109/08/2021DutchPDF
Abridged model31/12/201916/06/202028/08/2020DutchPDF
Abridged model31/12/201819/07/201919/08/2019DutchPDF
Abridged model31/12/201717/07/201831/08/2018DutchPDF
Abridged model31/12/201630/06/201714/09/2017DutchPDF
Abridged model31/12/201530/06/201621/09/2016DutchPDF
Abridged model31/12/201431/07/201519/08/2015DutchPDF
Abridged model31/12/201330/06/201413/08/2014DutchPDF
Abridged model31/12/201226/08/201329/08/2013DutchPDF
Abridged model31/12/201119/06/201227/07/2012DutchPDF
Abridged model31/12/201030/06/201106/07/2011DutchPDF
Abridged model31/12/200915/06/201016/06/2010DutchPDF
Abridged model31/12/200830/06/200923/07/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 active

Active mandates

Jo DE VOS

Mandate

Active
Vincent LEPERE

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL
    PDF
  • Restructuring13/09/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring10/07/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other13/06/2007
    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

Timeline

  1. 2025
    Annual accounts 2025144,5 k €
  2. 2024
    Annual accounts 2024137,9 k €
  3. 2023
    Annual accounts 2023933,4 k €
  4. 2023
    Name changeTF2
  5. 2022
    Annual accounts 202284,1 k €
  6. 2021
    Annual accounts 2021131,3 k €
  7. 2021
    Name changeArtemis milieu
  8. 2020
    Annual accounts 202049,4 k €
  9. 2019
    Annual accounts 201925,9 k €
  10. 2018
    Annual accounts 201859,9 k €
  11. 2017
    Annual accounts 201715,3 k €
  12. 2016
    Annual accounts 201616 k €
  13. 2015
    Annual accounts 201574 k €
  14. 2014
    Annual accounts 2014130,3 k €
  15. 2013
    Annual accounts 2013101,7 k €
  16. 2012
    Annual accounts 201213,8 k €
  17. 2011
    Annual accounts 20113,9 k €
  18. 2010
    Annual accounts 201014,2 k €
  19. 2009
    Annual accounts 200911,9 k €
  20. 2008
    Annual accounts 200812 k €
  21. 11/06/2007
    IncorporationPrivate limited company