Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
TOUR DE LA REGION WALLONNE ORGANISATION from Fleurus, company number BE0421194883, closed financial year 2025 with a result of € -221,866 after tax. For that financial year TOUR DE LA REGION WALLONNE ORGANISATION recorded a gross margin of € 175,796 and equity of € -124,737. Compared with financial year 2024, the result moved from € -52,463 to € -221,866. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.
€ -124,737
▼ € 221,866 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -221,866
▼ 323 % more loss than in 2024
Profit after tax over the fiscal year.
€ 88,127
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
5.2
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 299,525
▲ 6% vs 2024
€ 57,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 548,053
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,984
▲ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 178,733 | € -7,727 | € 237,810 | € 175,796 | ▼ 26% |
| Profit after taxes | € -156,051 | € -342,536 | € -52,463 | € -221,866 | ▼ € 169,403 |
| Equity | € 492,129 | € 149,593 | € 97,129 | € -124,737 | ▼ € 221,866 |
| Total debts | € 370,798 | € 347,170 | € 528,600 | € 618,034 | ▲ 17% |
| Cash | € 339,418 | € 139,786 | € 303,302 | € 88,127 | ▼ 71% |
| Retained profit | € 492,129 | € 149,593 | € 97,129 | € -124,737 | ▼ € 221,866 |
| Balance sheet total | € 862,926 | € 496,762 | € 625,729 | € 493,297 | ▼ 21% |
| Employees (FTE) | 6 | 5.6 | 4.8 | 5.2 | ▲ 0.4 |
Key figures of TOUR DE LA REGION WALLONNE ORGANISATION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TOUR DE LA REGION WALLONNE ORGANISATION?
What happened at TOUR DE LA REGION WALLONNE ORGANISATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 221,866. filed late Source: NBB ↗
- James Sterpin became a director. NBB
- Charles Racot became a director. NBB
- Christophe Brandt became a director. NBB
- Michel Thiry became a director. NBB
- Jean-Luc Dessy became a director. NBB
- Joël Gilboux became a director. NBB
- Philippe Dodrimont became a director. NBB
In short
From € 156,051 loss in 2022 to € 221,866 loss in 2025.
Paid € 3,850 in corporate taxes since 2022.
On average € 33,800 of value added per employee in 2025.
Management
Behind TOUR DE LA REGION WALLONNE ORGANISATION are James Sterpin, Charles Racot, Christophe Brandt, Michel Thiry, Jean-Luc Dessy and Joël Gilboux. Christophe Brandt is also behind GS WALLONIE BRUXELLES.
Directors
According to the 2025 annual accounts
James Sterpin
Director
since 2026
Charles Racot
Director
since 2026
since 2026
Michel Thiry
Director
since 2026
since 2026
since 2026
Philippe Dodrimont
Vice-chairman of the board
since 2026
since 2026
Gérard Bulens
Director
since 2026
since 2026
Carlos Roelens
Director
since 2026
Stéphanie Roelens
Director
since 2023 · until 2025
Céline Vandenbroucke
Director
since 2025 · until 2026
Didier Malempré
Director
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Rue du Berlaimont(FL) 17
6220 Fleurus
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
VERIXI, BE
Website info
Features
Security
Details
- Company number
- 0421.194.883
- VAT number
- BE 0421.194.883
- Registered office
- Rue du Berlaimont(FL) 17, 6220 Fleurus
- Names & denominations
- TOUR DE LA REGION WALLONNE ORGANISATION · TRW'ORGANISATION · Gestion du Tour de la Règion wallonne - T.R.W. Gestion
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 22 January 1981
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- trworg.be [email protected]
- Activities · NACE
Overige activiteiten i.v.m. de sportbeoefening
Overige sportactiviteiten, neg
Mediarepresentatie
Beheer van publiciteitsdragers