ACTIVE

Tubeco

Financial year 2025 · Closed on 31/12/2025

Net result467,5 k €+3,0 %over 1 year
Gross margin2,6 M €+5,0 %over 1 year
Equity4,4 M €+11,9 %over 1 year
Workforce25,0 ETP+2,5 %over 1 year

Identity

Source · BCE/KBO

Tubeco is a Public limited company incorporated in 1968. Its registered office is in Waregem. It employs on average 25,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.447.429
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Barmbeekstraat 18
8791 Waregem · FlandreSee on map
Contributed capital
1 873 072,72 €
Latest accounts
31/12/2025
Average workforce
25,0 ETP
Joint committees (5)
  • 136
  • 1360
  • 222
  • 2220
  • 999001
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin2,6 M €2,5 M €–––
EBITDA1 M €1 M €3,7 M €1 M €1,2 M €
Operating result625,4 k €621,6 k €3,3 M €647,6 k €731,6 k €
Net result467,5 k €454,1 k €2,5 M €485,9 k €584,7 k €
Balance sheet
Equity4,4 M €3,9 M €4,1 M €4,5 M €5,6 M €
Total assets7,7 M €8,1 M €7,9 M €8,7 M €8,8 M €
Cash244,1 k €201,1 k €301,9 k €403,4 k €642,9 k €
Debts2,8 M €3,6 M €3,2 M €4,2 M €3,2 M €
Other
Workforce25,0 ETP24,4 ETP21,6 ETP23,9 ETP24,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 28 ended

Active mandates

RION

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.094.384

Represented by Vanneste Tom

Active
VAMOS

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.096.166

Represented by Vercaemst Mathias

Active
VERBE

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.095.275

Represented by Vercaemst Thomas

Active

Ended mandates

RION

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.094.384

Represented by Vanneste TOM

Ended
VAMOS

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.096.166

Represented by Vercaemst MATHIAS

Ended
VERBE

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.095.275

Represented by Vercaemst THOMAS

Ended
Brigitte Herreman

Director · since 04 mai 2013 · until 04 mai 2019

Ended

Other companies at this address

Barmbeekstraat 18 8791 Waregem
CompanyCBE no.
TUBIMMO● Active
0805.491.760

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/06/202609/07/202530/08/202431/08/202310/06/202225/08/2021
General meeting02/05/202603/05/202530/08/202431/08/202307/05/202203/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/05/202604/06/2026DutchPDF
Abridged model31/12/202403/05/202509/07/2025DutchPDF
Full model31/12/202330/08/202430/08/2024DutchPDF
Full model31/12/202231/08/202331/08/2023DutchPDF
Full model31/12/202107/05/202210/06/2022DutchPDF
Full model31/12/202003/05/202125/08/2021DutchPDF
Full model31/12/201902/05/202031/08/2020DutchPDF
Full model31/12/201804/05/201931/07/2019DutchPDF
Abridged model31/12/201705/05/201831/08/2018DutchPDF
Full model31/12/201606/05/201707/09/2017DutchPDF
Full model31/12/201507/05/201629/08/2016DutchPDF
Full model31/12/201402/05/201525/08/2015DutchPDF
Full model31/12/201303/05/201429/08/2014DutchPDF
Full model31/12/201204/05/201313/05/2013DutchPDF
Full model31/12/201105/05/201229/08/2012DutchPDF
Full model31/12/201007/05/201120/07/2011DutchPDF
Full model31/12/200903/05/201026/08/2010DutchPDF
Full model31/12/200802/05/200914/08/2009DutchPDF
Full model31/12/200703/05/200813/08/2008DutchPDF
Full model31/12/200605/05/200723/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 28 ended

Active mandates

RION

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.094.384

Represented by Vanneste Tom

Active
VAMOS

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.096.166

Represented by Vercaemst Mathias

Active
VERBE

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.095.275

Represented by Vercaemst Thomas

Active

Ended mandates

RION

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.094.384

Represented by Vanneste TOM

Ended
VAMOS

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.096.166

Represented by Vercaemst MATHIAS

Ended
VERBE

Director · since 24 octobre 2023 · until 24 octobre 2029 · 0802.095.275

Represented by Vercaemst THOMAS

Ended
Brigitte Herreman

Director · since 04 mai 2013 · until 04 mai 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/09/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring28/12/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates11/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/04/2012
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/09/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2004
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025467,5 k €↑
  2. 2024
    Annual accounts 2024454,1 k €↓
  3. 2023
    Annual accounts 20232,5 M €↑
  4. 2022
    Annual accounts 2022485,9 k €↓
  5. 2021
    Annual accounts 2021584,7 k €↑
  6. 2020
    Annual accounts 2020103,6 k €↑
  7. 2019
    Annual accounts 201911,8 k €↓
  8. 2018
    Annual accounts 201876,9 k €↓
  9. 2017
    Annual accounts 2017250,7 k €↑
  10. 2016
    Annual accounts 2016244,8 k €↑
  11. 2015
    Annual accounts 2015117,9 k €↓
  12. 2014
    Annual accounts 2014240,6 k €↓
  13. 2013
    Annual accounts 2013334,3 k €↑
  14. 2012
    Annual accounts 2012247,9 k €↑
  15. 2011
    Annual accounts 2011235,7 k €↓
  16. 2010
    Annual accounts 2010415,4 k €↑
  17. 2009
    Annual accounts 2009407,8 k €↓
  18. 2008
    Annual accounts 2008574,8 k €↑
  19. 2007
    Annual accounts 2007544,8 k €↑
  20. 2006
    Annual accounts 2006353,7 k €
  21. 01/01/1968
    IncorporationPublic limited company