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 about 3.7% per year across the filed financial years. Its solvency ranks better than 93% of 1,163 sector peers (NACE 82, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TNFO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Flamande” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Conseil d'administration, administrateur dont mandat expire reste en fonction si nombre devient inférieur au minimum légal,tant que…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Cas prévus par loi, décision assemblée générale délibérant manière requise par loi” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Assemblée générale peut limiter à tout moment par décision majorité simple, tous pouvoirs article 2:87 Code sociétés et associations sans…” (deed in Dutch)