ACTIVE

TOLLGRADE BELGIUM

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Financial year 2025 · Closed on 31/10/2025

Net result7,1 k €+132,5 %over 1 year
Gross margin314,4 k €-0,2 %over 1 year
Equity914,9 k €+0,8 %over 1 year
Workforce1,0 ETP-66,7 %over 1 year

Identity

Source · BCE/KBO

TOLLGRADE BELGIUM is a Public limited company incorporated in 2007. Its main activity is: Wired telecommunications activities. Its registered office is in Temse. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0890.985.976
Incorporation
20/07/2007
Legal form
Public limited company
Registered office
Luxemburgstraat 20
9140 Temse · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/10/2025
Average workforce
1,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin314,4 k €315,1 k €255,8 k €372,4 k €346,6 k €
EBITDA2,7 k €17,6 k €-51,3 k €84,5 k €70,4 k €
Operating result2,1 k €17,4 k €-51,3 k €84,5 k €127 k €
Net result7,1 k €-21,7 k €-39,4 k €55,5 k €101,3 k €
Balance sheet
Equity914,9 k €907,8 k €929,5 k €968,9 k €913,4 k €
Total assets1,4 M €1,4 M €1,4 M €1,7 M €1,7 M €
Cash55,4 k €235,8 k €50,3 k €285,5 k €337,3 k €
Debts205,3 k €207,9 k €236,1 k €401,2 k €405,7 k €
Other
Workforce1,0 ETP3,0 ETP3,0 ETP1,0 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/10/2025

3 active · 29 ended

Active mandates

Ian Cornes

Director · since 14 février 2025 · until 14 février 2031

Active
Lien Vinh

Director · since 14 février 2025 · until 14 février 2031

Active
Robert Medved

Managing director · since 26 octobre 2022 · until 25 octobre 2028

Active

Ended mandates

Amritlal Jethwa

Managing director · since 26 octobre 2022

Ended
Jethwa Amrital

Bestuurder · since 26 octobre 2022 · until 26 octobre 2028

Ended
Robert Medved

Bestuurder · since 26 octobre 2022 · until 26 octobre 2028

Ended
Robert Medved

Director · since 26 octobre 2022 · until 25 octobre 2028

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/11/202401/11/202301/11/202201/11/202101/11/202001/11/2019
Closing of the financial year31/10/202531/10/202431/10/202331/10/202231/10/202131/10/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/202603/06/202531/05/202420/06/202330/06/202217/05/2021
General meeting27/05/202602/06/202528/05/202408/06/202330/06/202228/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/10/202527/05/202629/05/2026DutchPDF
Abridged model31/10/202402/06/202503/06/2025DutchPDF
Abridged model31/10/202328/05/202431/05/2024DutchPDF
Abridged model31/10/202208/06/202320/06/2023DutchPDF
Abridged model31/10/202130/06/202230/06/2022DutchPDF
Abridged model31/10/202028/04/202117/05/2021DutchPDF
Abridged model31/10/201929/05/202002/06/2020DutchPDF
Abridged model31/10/201828/05/201904/06/2019DutchPDF
Abridged model31/10/201720/07/201816/08/2018DutchPDF
Full model31/12/201607/07/201709/08/2017DutchPDF
Full model31/12/201528/09/201630/09/2016DutchPDF
Full model31/12/201412/10/201529/10/2015DutchPDF
Full model31/12/201311/07/201429/07/2014DutchPDF
Full model31/12/201212/07/201301/08/2013DutchPDF
Full model31/12/201125/10/201231/10/2012DutchPDF
Full model31/12/201027/10/201120/12/2011DutchPDF
Full model31/12/200920/12/201005/01/2011DutchPDF
Full model31/12/200823/12/200930/12/2009DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/10/2025

3 active · 29 ended

Active mandates

Ian Cornes

Director · since 14 février 2025 · until 14 février 2031

Active
Lien Vinh

Director · since 14 février 2025 · until 14 février 2031

Active
Robert Medved

Managing director · since 26 octobre 2022 · until 25 octobre 2028

Active

Ended mandates

Amritlal Jethwa

Managing director · since 26 octobre 2022

Ended
Jethwa Amrital

Bestuurder · since 26 octobre 2022 · until 26 octobre 2028

Ended
Robert Medved

Bestuurder · since 26 octobre 2022 · until 26 octobre 2028

Ended
Robert Medved

Director · since 26 octobre 2022 · until 25 octobre 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/08/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/06/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/09/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other31/07/2017
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office14/06/2017
    MAATSCHAPPELIJKE ZETEL
    PDF

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 20257,1 k €↑
  2. 2024
    Annual accounts 2024-21,7 k €↑
  3. 2023
    Annual accounts 2023-39,4 k €↓
  4. 2022
    Annual accounts 202255,5 k €↓
  5. 2021
    Annual accounts 2021101,3 k €↑
  6. 2020
    Annual accounts 202020,6 k €↓
  7. 2019
    Annual accounts 2019161,6 k €↑
  8. 2018
    Annual accounts 201853,1 k €↑
  9. 2017
    Annual accounts 2017-15,3 k €↑
  10. 2015
    Annual accounts 2015-412,3 k €↓
  11. 2014
    Annual accounts 2014-368,4 k €↑
  12. 2013
    Annual accounts 2013-881,7 k €↓
  13. 2011
    Annual accounts 20112,5 M €↑
  14. 2010
    Annual accounts 2010-602 k €↑
  15. 2009
    Annual accounts 2009-700,9 k €
  16. 20/07/2007
    IncorporationPublic limited company