ACTIVE

Tenax

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Financial year 2025 · closed on 31/12/2025

Net result

9,3 k €

-34.5% YoY

Gross margin

30,5 k €

+94.6% YoY

Equity

114,6 k €

+4.1% YoY

What does Tenax do?

Tenax is a Public limited company incorporated in 1968. Its main activity is: Manufacture of rubber products. Its registered office is in Hooglede.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.758.153

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Meiboomstraat 14
8830 Hooglede · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

22120Manufacture of rubber products· main 22190Manufacture of other rubber products 25130Manufacture of structural metal products

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	30,5 k €	+94.6%	15,7 k €	-56.0%	35,6 k €	-80.2%	179,9 k €	+1065%	15,4 k €	-80.6%	79,5 k €	-85.9%	565,6 k €	+95.9%	288,7 k €	-18.2%	353 k €	-7.3%	380,7 k €	-9.1%	418,7 k €	+16.0%	360,8 k €	-16.1%	430,3 k €	+20.8%	356,1 k €	+13.7%	313,3 k €	+15.4%	271,5 k €	-26.7%	370,1 k €	+18.3%	312,9 k €	-9.4%	345,3 k €
EBITDA	21,3 k €	+147%	8,6 k €	-63.9%	24 k €	-86.1%	171,9 k €	+2828%	5,9 k €	-91.4%	67,9 k €	-86.4%	498,5 k €	+164%	188,5 k €	+15.3%	163,5 k €	-25.5%	219,6 k €	-14.0%	255,4 k €	+76.9%	144,4 k €	-46.3%	269,1 k €	+54.6%	174 k €	+10.3%	157,7 k €	+43.9%	109,6 k €	-40.7%	184,9 k €	+37.3%	134,7 k €	-22.5%	173,7 k €
Operating result	16,8 k €	+152%	6,7 k €	-67.7%	20,6 k €	-87.8%	168,6 k €	+1133%	-16,3 k €	-125%	64,2 k €	-87.0%	492,1 k €	+171%	181,9 k €	+19.1%	152,7 k €	-26.1%	206,6 k €	-12.4%	235,7 k €	+93.2%	122 k €	-51.3%	250,5 k €	+62.0%	154,6 k €	+11.8%	138,4 k €	+54.5%	89,6 k €	-45.7%	164,9 k €	+38.2%	119,3 k €	-21.9%	152,7 k €
Net result	9,3 k €	-34.5%	14,1 k €	-68.7%	45,1 k €	-71.6%	158,8 k €	+3137%	-5,2 k €	-112%	42,1 k €	-87.6%	339,1 k €	+115%	157,5 k €	+40.9%	111,8 k €	-35.3%	172,7 k €	-26.8%	235,9 k €	+257%	66,1 k €	-73.5%	249,4 k €	+36.7%	182,5 k €	+17.7%	155,1 k €	+27.9%	121,3 k €	-34.9%	186,3 k €	+34.5%	138,5 k €	-4.9%	145,7 k €
Balance sheet
Equity	114,6 k €	+4.1%	110,1 k €	-92.7%	1,5 M €	+3.1%	1,5 M €	+12.3%	1,3 M €	-1.1%	1,3 M €	+3.3%	1,3 M €	+36.5%	929 k €	-66.6%	2,8 M €	+4.2%	2,7 M €	+6.9%	2,5 M €	+10.4%	2,3 M €	-8.0%	2,5 M €	-0.6%	2,5 M €	+8.0%	2,3 M €	+3.5%	2,2 M €	+3.0%	2,1 M €	+4.5%	2,1 M €	+4.3%	2 M €
Total assets	210,7 k €	+4.8%	200,9 k €	-87.1%	1,6 M €	-0.8%	1,6 M €	+12.1%	1,4 M €	-1.8%	1,4 M €	-25.1%	1,9 M €	-41.8%	3,3 M €	+4.6%	3,1 M €	+3.8%	3 M €	+7.1%	2,8 M €	+7.2%	2,6 M €	-6.6%	2,8 M €	+10.0%	2,6 M €	+4.8%	2,4 M €	+5.0%	2,3 M €	+1.9%	2,3 M €	+6.2%	2,1 M €	+3.4%	2,1 M €
Cash	26,5 k €	-30.1%	37,9 k €	-63.9%	105 k €	-61.3%	271,4 k €	-70.0%	906,1 k €	-9.9%	1 M €	+41.9%	708,9 k €	+35.1%	524,8 k €	+9.0%	481,4 k €	+5.1%	457,9 k €	+598%	65,6 k €	+25.1%	52,4 k €	-80.2%	264,4 k €	-3.2%	273,1 k €	+394%	55,3 k €	-61.5%	143,7 k €	+40.4%	102,3 k €	-32.6%	151,9 k €	-14.3%	177,3 k €
Debts	96,1 k €	+21.0%	79,4 k €	+47.6%	53,8 k €	-52.0%	112 k €	+9.7%	102,1 k €	+226%	31,4 k €	-94.3%	547 k €	-76.6%	2,3 M €	+611%	329,3 k €	+7.7%	305,7 k €	+15.8%	263,9 k €	-15.9%	313,7 k €	-11.3%	353,5 k €	+326%	83 k €	-44.0%	148,1 k €	+37.1%	108 k €	-16.5%	129,2 k €	+48.3%	87,2 k €	-13.8%	101,1 k €
Other
Workforce	–		–		–		–		–		–		2,2 ETP	-21.4%	2,8 ETP	-22.2%	3,6 ETP	-5.3%	3,8 ETP	-7.3%	4,1 ETP	0.0%	4,1 ETP	+5.1%	3,9 ETP	-2.5%	4,0 ETP	-2.4%	4,1 ETP	0.0%	4,1 ETP	-4.7%	4,3 ETP	+2.4%	4,2 ETP	-2.3%	4,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 20 ended

Active mandates

Hélèna Lepée

Director · since 25 novembre 2024 · until 13 mai 2030

Active

Paul Verbeke

Director · since 25 novembre 2024 · until 13 mai 2030

Active

TER BOEKT

Director · since 25 novembre 2024 · until 13 mai 2030 · 0477.449.440

Represented by Verbeke Stefaan

Active

Ended mandates

Stefaan Verbeke

Director · since 01 juin 2018 · until 01 juin 2024

Ended

Helena LEPÉE

Director · since 12 mai 2015 · until 11 mai 2021

Ended

Paul VERBEKE

Managing director · since 12 mai 2015 · until 11 mai 2021

Ended

TER BOEKT

Managing director · since 12 mai 2015 · until 11 mai 2021 · 0477.449.440

Represented by Stefaan Verbeke

Ended

At this address

Other companies at this address

Company	CBE no.
TENAX RUBBER● Active	0698.931.817

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/05/2026	23/07/2025	24/07/2024	28/06/2023	30/08/2022	31/08/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	12/05/2026	22/05/2026	Dutch	PDF
Micro model	31/12/2024	13/05/2025	23/07/2025	Dutch	PDF
Micro model	31/12/2023	14/05/2024	24/07/2024	Dutch	PDF
Micro model	31/12/2022	09/05/2023	28/06/2023	Dutch	PDF
Micro model	31/12/2021	10/05/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2020	11/05/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	01/09/2020	30/11/2020	Dutch	PDF
Abridged model	31/12/2018	14/05/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	08/05/2018	07/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	19/06/2016	13/07/2016	Dutch	PDF
Abridged model	31/12/2014	12/05/2015	20/05/2015	Dutch	PDF
Abridged model	31/12/2013	13/05/2014	05/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/05/2013	10/06/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	10/05/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	10/06/2010	Dutch	PDF
Abridged model	31/12/2008	12/05/2009	27/05/2009	Dutch	PDF
Abridged model	31/12/2007	13/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	08/05/2007	21/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 20 ended

Active mandates

Hélèna Lepée

Director · since 25 novembre 2024 · until 13 mai 2030

Active

Paul Verbeke

Director · since 25 novembre 2024 · until 13 mai 2030

Active

TER BOEKT

Director · since 25 novembre 2024 · until 13 mai 2030 · 0477.449.440

Represented by Verbeke Stefaan

Active

Ended mandates

Stefaan Verbeke

Director · since 01 juin 2018 · until 01 juin 2024

Ended

Helena LEPÉE

Director · since 12 mai 2015 · until 11 mai 2021

Ended

Paul VERBEKE

Managing director · since 12 mai 2015 · until 11 mai 2021

Ended

TER BOEKT

Managing director · since 12 mai 2015 · until 11 mai 2021 · 0477.449.440

Represented by Stefaan Verbeke

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring19/12/2024
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring17/10/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates22/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/02/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other22/09/2016
DIVERSEN
PDF
Mandates30/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20259,3 k €↓
2024
Annual accounts 202414,1 k €↓
2023
Annual accounts 202345,1 k €↓
2022
Annual accounts 2022158,8 k €↑
2021
Annual accounts 2021-5,2 k €↓
2019
Annual accounts 201942,1 k €↓
2018
Annual accounts 2018339,1 k €↑
2017
Annual accounts 2017157,5 k €↑
2016
Annual accounts 2016111,8 k €↓
2015
Annual accounts 2015172,7 k €↓
2014
Annual accounts 2014235,9 k €↑
2013
Annual accounts 201366,1 k €↓
2012
Annual accounts 2012249,4 k €↑
2011
Annual accounts 2011182,5 k €↑
2010
Annual accounts 2010155,1 k €↑
2009
Annual accounts 2009121,3 k €↓
2008
Annual accounts 2008186,3 k €↑
2007
Annual accounts 2007138,5 k €↓
2006
Annual accounts 2006145,7 k €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Tenax

Overview

What does Tenax do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline