TVH Global
ActiveSummary
TVH Global has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.02bn and a net result of €116.8m. Equity has been growing by about 2.6% per year since 2021. Its solvency ranks better than 95% of 1,165 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 10-02-2021 Normal situation
- Registered office
- 20 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Other business support services NACE 82990
- Establishment unit
- 2.346.375.758 8790 Waregem, since 10-02-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 29-12-2025
Board and ownership
Board
- PATRICK LECLUYSEChair
- AENEANCEO · permanent representative PARODI Giuliano
- BERAN MANAGEMENTDirector · since 01-10-2021 · permanent representative DE MEESTER Bernard Stephan
Shareholders
- Wehold BO60%annual accounts 30-09-2025
- Lys Bidco BO40%annual accounts 30-09-2025
- Holdings
- Shares in 3 companies including TVH Parts Holding and FREMATO GROUP
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts to 30-09-2025
- Profit
- €116.8m
- ▼ 9.9%
- Equity
- €2.02bn
- ▲ 0.3%
- Total assets
- €2.02bn
- ▲ 0.3%
Standalone figures, without subsidiaries
Group, consolidated 30-09-2025: turnover €1.68bn, result -€296.8m
Score breakdownraises riskLiquidity: current ratio 304.60, cash €73,195Founded in 2021lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Equity €2.02bn (100.0% of total assets)Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of large companies in office administrative support (NACE 82)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 100.0% of total assets
Liquidity
50=
short-term debt 0.0% · cash 0.0%
Profitability
52-2
return on assets 5.8%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025highest value
05-2025: 0.2%▼ -0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.2%▼ -0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €175,500,000 on 30-day terms is acceptable
Short-term debt is 0% and cash 0% of total assets. 0% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, large). It does better than 84% of them on solvency, 43% on liquidity, 51% on profitability and 46% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
9 days early
2024
7 days early
2023
12 days early
2022
2 days early
2021
4 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 5 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 23 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
Key points
- Positive: Largest company by total assets in West Flanders, Administrative and support services…in the Checked rankings No. 1 View
- Board changedlatest change 07-10-2026 · 10 in office 7 joined · 1 left View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed 11 directors appointedAppointments: BERAN MANAGEMENT, ECHLIN INVEST and 9 others · Permanent representatives: DE MEESTER Bernard Stephan, THERMOTE Ann Els and 6 others
- · Gazette deed Resignation: SILEX BV (day-to-day manager)Permanent representative: Dominiek Valcke
- · Gazette deed 1 director appointed, 1 director resigningResignation: Minerva SoGeCo BV (lys bidco bestuurder) · Permanent representatives: Frédéric de Vuyst, Ann Thermote and Bernard De Meester · Appointment: NAYARIT PARTICIPATIONS SA (lys bidco bestuurder)
Companies linked to TVH Global
Comparable companies
These companies have the same main activity as TVH Global: other business support services (NACE 82990). They are comparable in size and age: total assets between €496m and €1.7bn, founded between 2016 and 2021.
| Company | Total assets | Turnover |
|---|---|---|
| TVH Global Waregem | €2,017.9m | - |
| IU Group Brussel | €1,675.7m | €249.7m |
| ECHLIN INVEST Waregem | €1,102.2m | €0.3m |
| TNFO Sint-Genesius-Rode | €1,107.5m | - |
| EURELEC TRADING Brussel | €1,554.4m | €13,390.6m |
| Meuse Finco Liège | €806.6m | €0.5m |
| Euroports Group Beveren-Kruibeke-Zwijndrecht | €495.7m | - |
Key facts about TVH Global
- What is the company number of TVH Global?
- The company number of TVH Global is 0763.469.875. The VAT number is the same number with BE in front: BE 0763.469.875.
- Where is TVH Global based?
- The registered office is at Brabantstraat 15, 8790 Waregem.Company details
- What does TVH Global do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of TVH Global?
- The legal form of TVH Global is Private limited company (BV).
- When was TVH Global founded?
- TVH Global was founded on 10-02-2021.
- Is TVH Global still active?
- Yes, TVH Global is an active enterprise in the KBO register.
- What is the turnover of TVH Global?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is TVH Global profitable?
- In financial year 2025, TVH Global made a profit of €116.8m.
- Where can I find the annual accounts of TVH Global?
- TVH Global filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TVH Global due?
- TVH Global must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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