TREE is an IT company in Mortsel. Private Limited, started on 4 October 2011, 1 establishment.

What is the address of TREE?

The registered office of TREE is located at Jozef Hermanslei 45, 2640 Mortsel.

Is TREE still active?

Yes. According to the CBE (29 October 2026) TREE is active, legal situation “Normale toestand”, started on 4 October 2011.

Is TREE registered on Peppol?

Yes, TREE is registered on the Peppol network with ID 0208:0840111951.

What is the enterprise number of TREE?

The enterprise number of TREE is BE0840111951.

When was TREE founded?

TREE was founded on 4 October 2011.

Who are the directors of TREE?

According to the 2025 annual accounts, the directors of TREE are: ERWIN BERGHMANS, MICHIEL NUYTEMANS.

Is TREE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 October 2011; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did TREE make in 2025?

TREE posted a profit after taxes of € 50,856 in financial year 2025.

What is the revenue of TREE?

As a small company, TREE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 553,734.

How much does an employee at TREE earn?

The average wage cost per full-time employee at TREE was € 67,400 in 2025: staff costs of € 471,949 for 7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TREE have?

According to the 2025 annual accounts, TREE has 7 full-time equivalents (FTE).

TREE (Private Limited) - Mortsel - BE0840111951

Dossier TREE, printed on 29 October 2026 from databakkes.be/en/0840111951/tree. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TREE from Mortsel, company number BE0840111951, closed financial year 2025 with a result of € 50,856 after tax. For that financial year TREE recorded a gross margin of € 553,734 and equity of € 674,849. Compared with financial year 2024, the result moved from € 36,783 to € 50,856. Profitable, and profit is growing. 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 January 30, 2026.

What it is worth Healthy

€ 674,849

▼ 4% vs 2024

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

Profit Growing

€ 50,856

▲ 38% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 374,219

▲ 7% vs 2024

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

Where the profit goes Pays out

€ 78,581 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

▲ 0.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 471,949

▲ 18% vs 2024

€ 67,400 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.

Vehicles and equipment

€ 56,439

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 156,685

▼ 27% vs 2024

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

Taxes and wages

€ 105,340

▲ 50% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 416,806 Gross margin 2022: € 416,806 First fiscal year in the series	€ 611,569 Gross margin 2023: € 611,569 ▲ 47% vs 2022 (€ 416,806) Favourable step	€ 473,053 Gross margin 2024: € 473,053 ▼ 23% vs 2023 (€ 611,569) Unfavourable step	€ 553,734 Gross margin 2025: € 553,734 ▲ 17% vs 2024 (€ 473,053) Favourable step	▲ 17%
Profit after taxes	€ 170,190 Profit after taxes 2022: € 170,190 First fiscal year in the series	€ 201,585 Profit after taxes 2023: € 201,585 ▲ 18% vs 2022 (€ 170,190) Favourable step	€ 36,783 Profit after taxes 2024: € 36,783 ▼ 82% vs 2023 (€ 201,585) Unfavourable step	€ 50,856 Profit after taxes 2025: € 50,856 ▲ 38% vs 2024 (€ 36,783) Favourable step	▲ 38%
Equity	€ 508,768 Equity 2022: € 508,768 First fiscal year in the series	€ 694,263 Equity 2023: € 694,263 ▲ 36% vs 2022 (€ 508,768) Favourable step	€ 702,575 Equity 2024: € 702,575 ▲ 1% vs 2023 (€ 694,263) Favourable step	€ 674,849 Equity 2025: € 674,849 ▼ 4% vs 2024 (€ 702,575) Unfavourable step	▼ 4%
Total debts	€ 296,096 Total debts 2022: € 296,096 First fiscal year in the series	€ 233,709 Total debts 2023: € 233,709 ▼ 21% vs 2022 (€ 296,096) Favourable step	€ 345,102 Total debts 2024: € 345,102 ▲ 48% vs 2023 (€ 233,709) Unfavourable step	€ 264,908 Total debts 2025: € 264,908 ▼ 23% vs 2024 (€ 345,102) Favourable step	▼ 23%
Cash	€ 506,722 Cash 2022: € 506,722 First fiscal year in the series	€ 623,641 Cash 2023: € 623,641 ▲ 23% vs 2022 (€ 506,722) Favourable step	€ 350,397 Cash 2024: € 350,397 ▼ 44% vs 2023 (€ 623,641) Unfavourable step	€ 374,219 Cash 2025: € 374,219 ▲ 7% vs 2024 (€ 350,397) Favourable step	▲ 7%
Retained profit	€ 502,168 Retained profit 2022: € 502,168 First fiscal year in the series	€ 687,663 Retained profit 2023: € 687,663 ▲ 37% vs 2022 (€ 502,168) Favourable step	€ 694,115 Retained profit 2024: € 694,115 ▲ 1% vs 2023 (€ 687,663) Favourable step	€ 666,389 Retained profit 2025: € 666,389 ▼ 4% vs 2024 (€ 694,115) Unfavourable step	▼ 4%
Dividend	€ 34,161 Dividend 2022: € 34,161 First fiscal year in the series	€ 16,090 Dividend 2023: € 16,090 ▼ 53% vs 2022 (€ 34,161) Unchanged	€ 28,472 Dividend 2024: € 28,472 ▲ 77% vs 2023 (€ 16,090) Unchanged	€ 78,581 Dividend 2025: € 78,581 ▲ 176% vs 2024 (€ 28,472) Unchanged	▲ 176%
Balance sheet total	€ 804,864 Balance sheet total 2022: € 804,864 First fiscal year in the series	€ 927,973 Balance sheet total 2023: € 927,973 ▲ 15% vs 2022 (€ 804,864) Unchanged	€ 1,047,677 Balance sheet total 2024: € 1,047,677 ▲ 13% vs 2023 (€ 927,973) Unchanged	€ 939,757 Balance sheet total 2025: € 939,757 ▼ 10% vs 2024 (€ 1,047,677) Unchanged	▼ 10%
Employees (FTE)	-	5.5 Employees (FTE) 2023: 5.5 First fiscal year in the series	6.1 Employees (FTE) 2024: 6.1 ▲ 0.6 vs 2023 (5.5) Unchanged	7 Employees (FTE) 2025: 7 ▲ 0.9 vs 2024 (6.1) Unchanged	▲ 0.9

Key figures of TREE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to TREE?

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

Jan 30, 2026 New annual accounts for financial year 2025: profit of € 50,856 (▲ 38% vs 2024). Source: NBB ↗
Oct 4, 2011 New establishment in Mortsel. KBO
Oct 4, 2011 Start of the company according to the CBE. KBO

In short

From € 170,190 profit in 2022 to € 50,856 profit in 2025.

Paid € 215,030 in corporate taxes since 2022.

Best year ever: 2023, with € 201,585 profit.

On average € 79,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ERWIN BERGHMANS MICHIEL NUYTEMANS

BPART

EB Consultancy

TREE

VONK MJ

Behind TREE are ERWIN BERGHMANS and MICHIEL NUYTEMANS. The same people are also behind BPART. ERWIN BERGHMANS is also behind EB Consultancy. MICHIEL NUYTEMANS is also behind VONK MJ.

Directors

According to the 2025 annual accounts

ERWIN BERGHMANS

Director

Also active at: BPART, EB Consultancy

MICHIEL NUYTEMANS

Director

Also active at: BPART, VONK MJ

Establishments

Establishment units

Physical locations of this company

Registered office

Jozef Hermanslei 45

2640 Mortsel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

VONK MJ same network

€ 21,118 gross margin · 2025

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

Details

Company number

0840.111.951

VAT number

BE 0840.111.951

Registered office

Jozef Hermanslei 45, 2640 Mortsel

Names & denominations

TREE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

4 October 2011

Peppol

Active · Active since 22 Jul 2025

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Ontwerpen van computerprogramma’s

Computerconsultancy-activiteiten

Ontwerpen en programmeren van computerprogramma's

View on CBE Public ↗ Annual accounts (NBB) ↗

TREE

Financials

What happened to TREE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions