Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 19.7 to 11.5.
Financials
Financial year 2025
TROUBADOUR from Leuven, company number BE0463261112, closed financial year 2025 with a result of € 31,295 after tax. For that financial year TROUBADOUR recorded a gross margin of € 723,595 and equity of € 373,378. Compared with financial year 2024, the result moved from € 113,379 to € 31,295. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 373,378
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,295
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 202,274
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 126,289 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
11.5
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 636,890
▼ 1% vs 2024
€ 55,400 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.
€ 3,487
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 36,333
▼ 66% vs 2024
Loans from banks and other lenders, long and short.
€ 123,220
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 127,247
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 653,511 | € 833,807 | € 844,387 | € 723,595 | ▼ 14% |
| Profit after taxes | € 54,473 | € 118,202 | € 113,379 | € 31,295 | ▼ 72% |
| Equity | € 236,791 | € 354,993 | € 468,372 | € 373,378 | ▼ 20% |
| Total debts | € 713,728 | € 628,364 | € 530,779 | € 572,124 | ▲ 8% |
| Cash | € 153,099 | € 206,890 | € 260,449 | € 202,274 | ▼ 22% |
| Land & buildings | € 3,742 | € 12,413 | - | - | |
| Retained profit | € 205,799 | € 324,001 | € 437,380 | € 342,386 | ▼ 22% |
| Dividend | € 0 | € 0 | € 0 | € 126,289 | |
| Bank debt | € 240,829 | € 155,275 | € 105,585 | € 36,333 | ▼ 66% |
| Balance sheet total | € 950,519 | € 983,357 | € 999,151 | € 945,502 | ▼ 5% |
| Employees (FTE) | 14.2 | 19.7 | 11.6 | 11.5 | ▼ 0.1 |
Key figures of TROUBADOUR, 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 TROUBADOUR?
What happened at TROUBADOUR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,295 (▼ 72% vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- Tim De Boer became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,473 profit in 2022 to € 31,295 profit in 2025.
Paid € 151,374 in corporate taxes since 2022.
Best year ever: 2023, with € 118,202 profit.
On average € 62,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TROUBADOUR is Tim De Boer. The shares are held by Tim De Boer (100%).
Directors
According to the 2025 annual accounts
Tim De Boer
Director
Owns 100% directly
since 2017
Shareholders
Tim De Boer · director
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tiensestraat 32
3000 Leuven
Muntstraat 27
3000 Leuven
Active since 12 June 1998
Muntstraat 25
3000 Leuven
Active since 1 August 2018
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
Self-hosted
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0463.261.112
- VAT number
- BE 0463.261.112
- Registered office
- Tiensestraat 32, 3000 Leuven
- Names & denominations
- TROUBADOUR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 1998
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- troubadour.be 016 22 50 65
- Activities · NACE
Restaurants van het traditionele type
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen
Fastfoodzaken, snackbars, frituren en dergelijke
Uitzendkoks en verzorgen van feesten en recepties