T.DIFFUSION (0418.157.102): financials and annual accounts

T.DIFFUSION

Nivelles ·KBO/BCE: BE 0418.157.102

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	11.7m	11.9m	5.6m	6.1m	6.6m	7.9m	8.7m	10.4m	11.2m	3.7m	1.9m	1.8m	1.9m	1.9m	1.8m	1.3m	1.5m	1.5m	1.6m	1.7m
Fixed assets`21/28`	10.8m	11.6m	5.6m	5.7m	6.5m	7.6m	8.5m	9.5m	10.0m	3.7m	486,100	551,120	631,052	708,768	765,498	810,909	1.1m	1.0m	1.2m	1.3m
Tangible fixed assets`22/27`	3.1m	3.9m	4.8m	5.7m	6.5m	7.5m	8.4m	9.5m	9.9m	3.6m	486,100	548,336	611,800	673,969	715,967	747,182	794,462	847,814	901,164	969,398
Land and buildings`22`	3.1m	3.9m	4.8m	5.7m	6.5m	7.5m	8.4m	9.5m	9.9m	958,330	477,711	531,061	584,411	637,762	691,112	741,112	794,462	847,814	901,164	954,514
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	-	-	-	-	4,538	10,593	16,649	22,704	6,070	-	-	-	-
Furniture and vehicles`24`	-	-	-	-	-	-	-	-	-	-	8,389	12,737	16,796	19,558	2,151	-	-	-	-	14,884
Assets under construction and advance payments`27`	-	-	-	24,332	-	-	-	34,000	-	2.7m	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	7.7m	7.7m	780,000	-	26,700	26,700	26,700	26,700	26,700	26,700	-	2,784	19,252	34,799	49,531	63,727	262,228	162,618	257,854	284,306
Current assets`29/58`	911,984	244,613	51,201	403,189	92,600	390,329	208,393	852,919	1.2m	10,145	1.4m	1.3m	1.3m	1.2m	1.0m	526,919	431,734	500,720	455,284	430,512
Amounts receivable after more than one year`29`	-	-	-	-	-	-	-	-	-	-	250,000	275,000	300,000	300,000	300,000	-	-	48,000	48,000	48,000
Other amounts receivable`291`	-	-	-	-	-	-	-	-	-	-	250,000	275,000	300,000	300,000	300,000	-	-	48,000	48,000	48,000
Amounts receivable within one year`40/41`	3,742	11	931	62,846	50	69,477	2,868	567,239	1.1m	9,669	1.1m	910,983	941,957	872,961	680,627	489,354	230,316	403,714	276,343	334,039
Trade receivables`40`	-	-	-	-	-	-	-	-	2,069	794	1.0m	859,231	924,930	799,910	596,895	462,810	160,314	317,013	179,996	272,206
Other amounts receivable`41`	3,742	11	931	62,846	50	69,477	2,868	567,239	1.1m	8,875	45,400	51,752	17,027	73,051	83,732	26,544	70,002	86,701	96,347	61,833
Cash at bank and in hand`54/58`	48,758	92,079	37,940	340,343	92,550	120,852	5,525	85,680	77,042	476	34,668	65,977	15,992	19,566	24,832	37,565	181,758	49,006	107,682	21,975
Deferred charges and accrued income`490/1`	859,484	152,523	12,330	-	-	200,000	200,000	200,000	-	-	1,086	-	166	1,460	-	-	19,660	-	23,259	26,498
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	11.7m	11.9m	5.6m	6.1m	6.6m	7.9m	8.7m	10.4m	11.2m	3.7m	1.9m	1.8m	1.9m	1.9m	1.8m	1.3m	1.5m	1.5m	1.6m	1.7m
Equity`10/15`	1.3m	835,804	658,819	438,533	550,712	-492,962	-452,869	-85,978	272,280	346,923	633,026	632,474	632,424	601,079	521,527	519,830	463,070	437,984	503,733	489,255
Contributions`10/11`	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944
Capital`10`	207,944	207,944	207,944	207,944	207,944	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944	207,944
Revaluation surpluses`12`	-	-	-	-	-	400,000	400,000	400,000	400,000	400,000	400,000	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m
Reserves`13`	532,597	532,597	532,597	532,597	532,597	532,597	532,597	532,597	532,597	532,597	620,795	20,795	20,795	20,795	20,795	19,400	12,000	10,500	10,500	9,700
Non-distributable reserves`130/1`	20,795	20,795	20,795	20,795	20,795	20,795	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	20,795	20,795	20,795	20,795	20,795	20,795	20,795	20,795	20,795	20,795	20,795	20,795	20,795	20,795	20,795	19,400	12,000	10,500	10,500	9,700
Distributable reserves`133`	511,802	511,802	511,802	511,802	511,802	511,802	511,802	511,802	511,802	511,802	600,000	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-24,176	-165,177	-454,673	-787,470	-787,802	-2.3m	-2.4m	-2.2m	-1.9m	-793,618	-595,713	-596,265	-596,315	-627,660	-707,212	-707,514	-756,874	-780,460	-714,711	-728,389
Investment grants`15`	534,560	260,440	372,951	485,462	597,973	710,484	822,995	935,506	1.0m	-	-	-	-	-	-	-	-	-	-	-
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,674	18,674	18,674
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,674	18,674	18,674
Amounts payable`17/49`	10.4m	11.0m	5.0m	5.6m	6.0m	8.4m	9.1m	10.5m	10.9m	3.3m	1.2m	1.2m	1.3m	1.3m	1.2m	817,998	1.0m	1.1m	1.1m	1.2m
Amounts payable after more than one year`17`	9.3m	10.1m	4.5m	4.9m	5.4m	5.8m	6.3m	7.0m	7.0m	1.6m	-	-	8,242	8,242	8,242	8,242	380,083	380,083	393,610	472,154
Financial debts`170/4`	9.3m	10.1m	4.5m	4.9m	5.4m	5.8m	6.0m	6.4m	7.0m	1.6m	-	-	-	-	-	-	-	-	-	-
Other amounts payable`178/9`	-	-	-	-	-	-	286,000	572,000	-	-	-	-	8,242	8,242	8,242	8,242	380,083	380,083	393,610	472,154
Amounts payable within one year`42/48`	1.1m	850,650	472,008	470,086	642,302	2.6m	2.8m	3.4m	3.9m	1.7m	1.2m	1.2m	1.2m	1.3m	1.2m	809,756	645,271	674,411	697,471	698,975
Current portion of amounts payable after more than one year`42`	746,667	746,667	445,664	436,888	428,155	419,596	415,200	407,074	-	-	-	-	-	-	-	-	-	-	-	14,171
Financial debts`43`	-	25,356	-	-	-	1.7m	2.0m	2.7m	3.1m	606,396	469,811	509,767	537,080	549,735	504,122	156,354	174,095	192,618	250,672	236,542
Credit institutions`430/8`	-	25,356	-	-	-	1.7m	2.0m	2.7m	3.1m	606,396	469,811	509,767	537,080	549,735	504,122	156,354	174,095	192,618	250,672	236,542
Trade debts`44`	304,212	1,680	1,650	33,198	1,500	9,935	31,158	40,054	391,999	1.0m	120,913	108,713	125,183	136,060	143,876	105,735	97,915	127,910	87,965	86,530
Suppliers`440/4`	304,212	1,680	1,650	33,198	1,500	9,935	31,158	40,054	391,999	1.0m	120,913	108,713	125,183	136,060	143,876	105,735	97,915	127,910	87,965	86,530
Taxes, remuneration and social security`45`	21,499	46,193	24,694	-	26,647	-	-	-	-	-	573,480	552,126	538,238	558,637	507,812	456,665	372,259	352,880	358,207	361,105
Taxes`450/3`	21,499	46,193	24,694	-	26,647	-	-	-	-	-	187,972	179,793	154,972	161,125	139,435	167,859	103,912	106,839	117,100	111,925
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	-	-	385,508	372,333	383,266	397,512	368,377	288,806	268,347	246,041	241,107	249,180
Other amounts payable`47/48`	10,000	30,754	-	-	186,000	486,000	382,000	311,630	437,000	18,000	55,000	-	48,000	49,002	85,002	91,002	1,002	1,003	627	627
Accrued charges and deferred income`492/3`	29,436	113,415	-	240,000	13,610	23,445	-	25,629	-	-	-	-	-	-	376	-	-	-	814	5,158
Income statement
Non-recurring operating income`76A`	-	-	-	-	1.3m	33,117	-	2,180	-	-	-	-	-	-	-	2,435	36,805	19,500	50,590	-
Gross operating margin`9900`	1.0m	1.3m	1.2m	1.1m	2.5m	1.1m	971,776	1.0m	204,259	-4,717	2.9m	3.0m	3.1m	3.1m	2.7m	2.4m	2.1m	2.1m	1.9m	1.9m
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	-	-	-	2.8m	2.9m	2.9m	2.8m	2.5m	2.1m	2.0m	2.0m	1.8m	1.8m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	874,464	871,636	871,636	869,773	858,685	912,619	1.2m	1.1m	1.1m	124,790	65,115	66,640	65,871	64,945	56,772	54,868	53,350	53,350	68,234	68,234
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18,674	-	-	18,674
Other operating charges`640/8`	100	27,582	-	-	1,118	16,007	15,781	84	71	-	1,590	89	554	162	805	788	792	5,844	32,454	1,258
Non-recurring operating charges`66A`	-	-	-	240,000	-	-	-	-	188,354	-	50	-	123	-	50	370	150	79,112	-	876
Operating profit (loss)`9901`	146,538	351,198	338,211	2,058	1.6m	132,912	-207,371	-123,147	-1.1m	-129,507	49,483	29,068	129,642	203,319	130,193	206,388	62,303	69,973	24,272	92,528
Financial income`75/76B`	482,617	354,038	124,841	112,511	112,530	112,511	112,511	112,511	81,984	2,040	8,665	13,511	12,471	16,009	8,210	3,029	8,948	13,477	8,030	11,930
Recurring financial income`75`	482,617	354,038	124,841	112,511	112,530	112,511	112,511	112,511	81,984	2,040	8,665	13,511	12,471	16,009	8,210	3,029	8,948	13,477	8,030	11,930
Financial charges`65/66B`	439,895	319,241	105,561	114,237	142,046	173,005	159,520	235,112	143,316	70,438	8,487	14,950	13,633	17,033	10,492	6,212	9,755	17,739	17,432	17,903
Recurring financial charges`65`	439,895	319,241	105,561	114,237	142,046	173,005	159,520	235,112	143,316	70,438	8,487	14,950	13,633	17,033	10,492	6,212	9,755	17,739	17,432	17,903
Profit (loss) for the period before taxes`9903`	189,260	385,995	357,491	332	1.6m	72,418	-254,380	-245,748	-1.1m	-197,905	49,611	27,629	128,357	202,295	127,861	205,270	98,151	6,099	65,460	85,679
Income taxes`67/77`	48,259	96,499	24,694	-	26,647	-	-	-	-	-	49,059	27,579	49,012	74,743	42,164	58,510	73,065	71,848	50,982	62,380
Profit (loss) for the period`9904`	141,001	289,496	332,797	332	1.6m	72,418	-254,380	-245,748	-1.1m	-197,905	552	50	79,345	127,552	85,697	146,760	25,086	-65,749	14,478	23,299
Profit (loss) for the period to be appropriated`9905`	141,001	289,496	332,797	332	1.6m	72,418	-254,380	-245,748	-1.1m	-197,905	552	50	79,345	127,552	85,697	146,760	25,086	-65,749	14,478	23,299
Appropriation of the result
Profit (loss) to be appropriated`9906`	-24,176	-165,177	-454,673	-787,470	-787,802	-2.3m	-2.4m	-2.2m	-1.9m	-793,618	-595,713	-596,265	-548,315	-579,660	-621,817	-610,114	-755,374	-780,460	-713,911	-727,189
Profit (loss) brought forward from the previous period`14P`	-165,177	-454,673	-787,470	-787,802	-2.3m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,395	7,400	1,500	-	800	1,200
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,395	7,400	1,500	-	800	1,200
Profit to be distributed`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	48,000	48,000	84,000	90,000	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	-	-	-	-	-	48,000	48,000	84,000	90,000	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	-	-	-	38.8	39.3	41.6	43.7	42.1	33.2	31.3	31.5	30.6	29.8
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	59,062	62,068	64,819	65,732	64,386	50,504	48,683	49,912	48,615	46,466
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	30-06-2026	2026-00243892	PDF
31-12-2024	full format	01-08-2025	2025-00347776	PDF
31-12-2023	full format	20-06-2024	2024-00144779	PDF
31-12-2022	full format	20-06-2023	2023-00142389	PDF
31-12-2021	full format	03-08-2022	2022-20265677	PDF
31-12-2020	full format	20-08-2021	2021-51900547	PDF
31-12-2019	full format	11-09-2020	2020-52800356	PDF
31-12-2018	full format	15-07-2019	2019-33400394	PDF
31-12-2017	full format	09-10-2018	2018-69000385	PDF
31-12-2016	full format	03-10-2017	2017-66000482	PDF
31-12-2015	full format	19-07-2016	2016-33400430	PDF
31-12-2014	full format	04-01-2016	2016-00200092	PDF
31-12-2013	full format	16-09-2014	2014-58700353	PDF
31-12-2012	full format	17-10-2013	2013-63300151	PDF
31-12-2011	full format	17-10-2012	2012-61100496	PDF
31-12-2010	full format	23-11-2011	2011-61600298	PDF
31-12-2009	full format	31-08-2010	2010-50200258	PDF
31-12-2008	full format	25-11-2009	2009-86400056	PDF
31-12-2007	full format	19-02-2009	2009-05300007	PDF
31-12-2006	full format	28-12-2007	2007-85300278	PDF
31-12-2005	full format	26-10-2006	2006-85004398	PDF
31-12-2004	full format	09-03-2006	2006-06804448	PDF
31-12-2003	full format	18-01-2005	2005-02001893	PDF
31-12-2002	full format	29-01-2004	2004-03003003	PDF
31-12-2001	full format	18-11-2002	2002-72103510	PDF
31-12-2000	full format	05-04-2002	2002-09000804	PDF
31-12-1999	full format	11-10-2000	2000-63804357	PDF
31-12-1998	full format	08-12-1999	1999-62300821	PDF
31-12-1997	full format	18-11-1998	1998-57903331	PDF
31-12-1996	full format	19-01-1998	1998-01300080	PDF
31-12-1995	full format	30-07-1996	1996-38102345	PDF
31-12-1994	full format	28-08-1995	1995-46901633	PDF
31-12-1993	full format	12-09-1994	1994-39300574	PDF
31-12-1992	full format	06-12-1993	1993-44902964	PDF
31-12-1991	full format	14-12-1992	1992-40501784	PDF
31-12-1990	full format	22-01-1992	1992-00904382	PDF
31-12-1989	full format	09-11-1990	1990-27500670	PDF
31-12-1988	full format	19-02-1990	1990-01300925	PDF
31-12-1987	full format	03-10-1988	1988-21403642	PDF
31-12-1986	full format	07-07-1987	1987-16002216	PDF
31-12-1985	full format	18-08-1986	1986-35301747	PDF
31-12-1984	full format	02-07-1985	1985-19401191	PDF
31-12-1983	unclassified schema	12-07-1984	1984-10002054	PDF
31-12-1982	unclassified schema	15-07-1983	1983-09701070	PDF
31-12-1981	unclassified schema	16-07-1982	1982-09402303	PDF
31-12-1980	unclassified schema	28-07-1981	1981-09800443	PDF
31-12-1979	unclassified schema	23-07-1980	1980-09600851	PDF
31-12-1978	unclassified schema	27-07-1979	1979-09601009	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	1.0m	1.2m	1.2m	871,831	2.5m	1.0m	955,995	1.0m	15,834	-4,717	114,598	95,708	195,513	268,264	186,965	261,256	115,653	123,323	92,506	160,762
Cash flow	1.0m	1.2m	1.2m	870,105	2.4m	985,037	908,986	902,841	-45,498	-73,115	65,667	66,690	145,216	192,497	142,469	201,628	78,436	-12,399	82,712	91,533
Investment in fixed assets (approximation)	26,367	6.9m	784,500	90,991	-210,959	4,261	147,772	685,664	7.4m	3.3m	2,879	3,176	3,702	23,145	25,557	7,586	75,000	450	4,115	14
Change in cash	-43,321	54,139	-302,403	247,793	-28,302	115,327	-80,155	8,638	76,566	-34,192	-31,309	49,985	-3,574	-5,266	-12,733	-144,193	132,752	-58,676	85,707	-
Working capital	-170,394	-606,037	-420,807	-66,897	-549,702	-2.2m	-2.6m	-2.6m	-2.7m	-1.7m	146,926	81,354	9,614	-99,447	-235,353	-282,837	-213,537	-173,691	-242,187	-268,463
Solvency	10.7%	7.0%	11.7%	7.2%	8.4%	-6.2%	-5.2%	-0.8%	2.4%	9.5%	34.2%	35.1%	33.5%	31.6%	29.4%	38.9%	31.1%	29.0%	31.2%	29.0%
Current ratio	0.84	0.29	0.11	0.86	0.14	0.15	0.07	0.25	0.31	0.01	1.12	1.07	1.01	0.92	0.81	0.65	0.67	0.74	0.65	0.62
Debt to equity	8.35	13.21	7.53	12.87	10.95	-	-	-	40.13	9.55	1.93	1.85	1.99	2.17	2.40	1.57	2.21	2.41	2.17	2.40
ROE	11.3%	34.6%	50.5%	0.1%	282.6%	-	-	-	-412.3%	-57.0%	0.1%	0.0%	12.5%	21.2%	16.4%	28.2%	5.4%	-15.0%	2.9%	4.8%
ROA	1.2%	2.4%	5.9%	0.0%	23.7%	0.9%	-2.9%	-2.4%	-10.0%	-5.4%	0.0%	0.0%	4.2%	6.7%	4.8%	11.0%	1.7%	-4.4%	0.9%	1.4%
Interest coverage	2.32	3.83	11.46	7.63	17.40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€26,367	-	€4,500	€90,991	-
Financial fixed assets	-	€6.9m	€780,000	-	-
Depreciation and write-downs of the year	€874,464	€871,636	€871,636	€869,773	€858,685

T.DIFFUSION

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency10.7%

Current ratio0.84

Return on assets1.2%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on T.DIFFUSION

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