Summary
TNFO has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.06bn and a net result of €38.2m. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 1,150 sector peers (NACE 82, fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Group and network
Holdings and subsidiaries
10 holdings · 8 subsidiaries in the treeHoldings 10
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100%
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100%
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100%
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100%
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100%
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100%
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86.02%
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50%
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40%
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20%
All subsidiaries, including indirect ones 8
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- DIFG 100%
- DOMAINE DE GRAUX 100%
- GRAUX 100%
- NESTT 100%
- Nestt LuxLU 100%
- The Nest Real Estate 100%
GM-ADVIES 86.02%1 subsidiary
- BELGOMEALS 76%
According to the 2025 annual accounts of TNFO and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The board mandates are listed below; here you explore them as a network.