What is the address of TRUE FORM?

The registered office of TRUE FORM is located at Borredam 22, 1740 Ternat.

Is TRUE FORM still active?

Yes. According to the CBE (30 October 2026) TRUE FORM is active, legal situation “Normale toestand”, started on 10 June 1987.

Is TRUE FORM registered on Peppol?

No, TRUE FORM is currently not registered on the Peppol network.

What is the enterprise number of TRUE FORM?

The enterprise number of TRUE FORM is BE0431245964.

When was TRUE FORM founded?

TRUE FORM was founded on 10 June 1987.

Who are the directors of TRUE FORM?

According to the 2025 annual accounts, the directors of TRUE FORM are: Naomi Ketele.

Is TRUE FORM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 June 1987; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did TRUE FORM make in 2025?

TRUE FORM posted a profit after taxes of € 26,425 in financial year 2025.

What is the revenue of TRUE FORM?

As a small company, TRUE FORM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 51,277.

TRUE FORM (Private Limited) - Ternat - BE0431245964

Dossier TRUE FORM, printed on 30 October 2026 from databakkes.be/en/0431245964/true-form. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

TRUE FORM from Ternat, company number BE0431245964, closed financial year 2025 with a result of € 26,425 after tax. For that financial year TRUE FORM recorded a gross margin of € 51,277 and equity of € 80,775. Compared with financial year 2024, the result moved from € 19,317 to € 26,425. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.

What it is worth Growing

€ 80,775

▲ 44% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 26,425

▲ 37% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 87,834

▼ 8% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1,666 paid out

6 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 590

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 39

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 504

▲ € 502 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 4,073

▲ 14% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 36,237 Gross margin 2022: € 36,237 First fiscal year in the series	€ 48,098 Gross margin 2023: € 48,098 ▲ 33% vs 2022 (€ 36,237) Favourable step	€ 48,020 Gross margin 2024: € 48,020 Unchanged (€ 48,098) Unfavourable step	€ 51,277 Gross margin 2025: € 51,277 ▲ 7% vs 2024 (€ 48,020) Favourable step	▲ 7%
Profit after taxes	€ 17,137 Profit after taxes 2022: € 17,137 First fiscal year in the series	€ 18,798 Profit after taxes 2023: € 18,798 ▲ 10% vs 2022 (€ 17,137) Favourable step	€ 19,317 Profit after taxes 2024: € 19,317 ▲ 3% vs 2023 (€ 18,798) Favourable step	€ 26,425 Profit after taxes 2025: € 26,425 ▲ 37% vs 2024 (€ 19,317) Favourable step	▲ 37%
Equity	€ 20,399 Equity 2022: € 20,399 First fiscal year in the series	€ 38,364 Equity 2023: € 38,364 ▲ 88% vs 2022 (€ 20,399) Favourable step	€ 56,015 Equity 2024: € 56,015 ▲ 46% vs 2023 (€ 38,364) Favourable step	€ 80,775 Equity 2025: € 80,775 ▲ 44% vs 2024 (€ 56,015) Favourable step	▲ 44%
Total debts	€ 77,924 Total debts 2022: € 77,924 First fiscal year in the series	€ 78,381 Total debts 2023: € 78,381 ▲ 1% vs 2022 (€ 77,924) Unfavourable step	€ 75,387 Total debts 2024: € 75,387 ▼ 4% vs 2023 (€ 78,381) Favourable step	€ 55,620 Total debts 2025: € 55,620 ▼ 26% vs 2024 (€ 75,387) Favourable step	▼ 26%
Cash	€ 33,689 Cash 2022: € 33,689 First fiscal year in the series	€ 71,708 Cash 2023: € 71,708 ▲ 113% vs 2022 (€ 33,689) Favourable step	€ 95,572 Cash 2024: € 95,572 ▲ 33% vs 2023 (€ 71,708) Favourable step	€ 87,834 Cash 2025: € 87,834 ▼ 8% vs 2024 (€ 95,572) Unfavourable step	▼ 8%
Retained profit	€ 1,807 Retained profit 2022: € 1,807 First fiscal year in the series	€ 19,772 Retained profit 2023: € 19,772 ▲ € 17,965 vs 2022 (€ 1,807) Favourable step	€ 37,423 Retained profit 2024: € 37,423 ▲ 89% vs 2023 (€ 19,772) Favourable step	€ 62,183 Retained profit 2025: € 62,183 ▲ 66% vs 2024 (€ 37,423) Favourable step	▲ 66%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 833 Dividend 2023: € 833 Unchanged (€ 0) Unchanged	€ 1,666 Dividend 2024: € 1,666 ▲ 100% vs 2023 (€ 833) Unchanged	€ 1,666 Dividend 2025: € 1,666 Unchanged (€ 1,666) Unchanged
Bank debt	€ 1,674 Bank debt 2022: € 1,674 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 1,674) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 39 Bank debt 2025: € 39 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 98,323 Balance sheet total 2022: € 98,323 First fiscal year in the series	€ 116,746 Balance sheet total 2023: € 116,746 ▲ 19% vs 2022 (€ 98,323) Unchanged	€ 131,403 Balance sheet total 2024: € 131,403 ▲ 13% vs 2023 (€ 116,746) Unchanged	€ 136,395 Balance sheet total 2025: € 136,395 ▲ 4% vs 2024 (€ 131,403) Unchanged	▲ 4%

Key figures of TRUE FORM, 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 TRUE FORM?

What happened at TRUE FORM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 3, 2026 New annual accounts for financial year 2025: profit of € 26,425 (▲ 37% vs 2024). Source: NBB ↗
2020 Naomi Ketele became a director. NBB
Jan 1, 2020 New establishment in Ternat. KBO
Jun 10, 1987 Start of the company according to the CBE. KBO

In short

From € 17,137 profit in 2022 to € 26,425 profit in 2025.

Paid € 40,597 in corporate taxes since 2022.

Best year ever: 2025, with € 26,425 profit.

Paid out € 4,165 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Naomi Ketele

TRUE FORM

Behind TRUE FORM is Naomi Ketele.

Directors

According to the 2025 annual accounts

Naomi Ketele

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Borredam 22

1740 Ternat

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0431.245.964
VAT number: BE 0431.245.964
Registered office: Borredam 22, 1740 Ternat
Names & denominations: TRUE FORM
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 10 June 1987
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗