ACTIVE

t de neef engineering

Financial year 2025 · closed on 31/12/2025
Net result
108,7 k €
-80.0% YoY
Gross margin
2 M €
-28.8% YoY
Equity
2,1 M €
+5.5% YoY
Workforce
26,4 ETP
-9.6% YoY

What does t de neef engineering do?

t de neef engineering is a Public limited company incorporated in 1972. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Heist-op-den-Berg. It employs on average 26,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0412.618.204
Incorporation
18/08/1972
Legal form
Public limited company
Registered office
Misweg 3A
2220 Heist-op-den-Berg · FlandreSee on map
Contributed capital
224 000,00 €
Latest accounts
31/12/2025
Average workforce
26,4 ETP
Joint committees (5)
  • 124
  • 12400
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin2 M €2,8 M €3,8 M €3,6 M €2,8 M €3,1 M €3 M €4,1 M €2,6 M €3 M €3,5 M €3,2 M €3,2 M €3,1 M €2,5 M €2,6 M €2,3 M €2,8 M €2,4 M €1,8 M €
EBITDA163,7 k €356,4 k €1,4 M €1,4 M €753,4 k €722,8 k €898,1 k €1,8 M €363,7 k €706,7 k €849,3 k €765,1 k €541,5 k €-95,7 k €196 k €596,6 k €591,1 k €817 k €568,7 k €476 k €
Operating result175,4 k €639,3 k €1,6 M €1,6 M €1,2 M €561,6 k €672,7 k €1,6 M €198,8 k €490,4 k €641,8 k €602,2 k €429 k €-503,7 k €106,4 k €490,5 k €448,1 k €628,6 k €446,1 k €342,6 k €
Net result108,7 k €543,2 k €1,2 M €1,2 M €912,1 k €408,2 k €474,1 k €1,1 M €120,3 k €304,2 k €416,3 k €373,7 k €286,2 k €43 k €5,1 k €313 k €298,1 k €463,3 k €288,4 k €155,2 k €
Balance sheet
Equity2,1 M €2 M €6,5 M €5,3 M €4,1 M €3,2 M €2,8 M €2,3 M €1,5 M €1,4 M €1,1 M €1 M €1 M €1,2 M €1,1 M €1,1 M €1 M €847,5 k €744,2 k €585,8 k €
Total assets3,8 M €2,6 M €8,6 M €7,7 M €6,6 M €6,3 M €5,8 M €10 M €4,7 M €3,8 M €4,2 M €4 M €3,8 M €3,9 M €3,5 M €3,6 M €3,3 M €3,3 M €2,3 M €2,3 M €
Cash170,8 k €495,6 k €5,6 M €4 M €3,1 M €3 M €2 M €4,5 M €1,6 M €1,2 M €1,2 M €1 M €1,2 M €938,6 k €113,4 k €377,8 k €210,6 k €292,6 k €238,3 k €204,3 k €
Debts1,6 M €417,6 k €1,1 M €1,5 M €1,2 M €1,2 M €1,4 M €5,9 M €1,6 M €867,7 k €1,6 M €1,9 M €1,9 M €1,9 M €1,9 M €1,8 M €1,7 M €1,9 M €1,1 M €1,2 M €
Other
Workforce26,4 ETP29,2 ETP30,3 ETP35,8 ETP35,6 ETP36,7 ETP36,3 ETP35,7 ETP38,1 ETP40,9 ETP42,3 ETP41,9 ETP39,8 ETP45,7 ETP45,9 ETP42,9 ETP40,4 ETP44,6 ETP42,7 ETP36,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 20 ended

Active mandates

TDN

Director · since 24 octobre 2024 · until 24 octobre 2030 · 0450.803.342

Represented by Patrick Percy

Active

Ended mandates

TDN

Director · since 24 octobre 2024 · until 24 octobre 2030 · 0450.803.342

Represented by Patrick PERCY

Ended
Patrick Percy

Director · since 18 octobre 2021 · until 14 juin 2027

Ended
Toon De Neef

Director · since 18 octobre 2021 · until 14 juin 2027

Ended
Herman De Neef

Director · since 13 juin 2016 · until 18 octobre 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
Best ServiceActive
0713.506.264
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date11/06/202630/06/202521/06/202406/07/202305/07/202223/06/2021
General meeting08/06/202627/06/202510/06/202412/06/202313/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202611/06/2026DutchPDF
Abridged model31/12/202427/06/202530/06/2025DutchPDF
Abridged model31/12/202310/06/202421/06/2024DutchPDF
Abridged model31/12/202212/06/202306/07/2023DutchPDF
Abridged model31/12/202113/06/202205/07/2022DutchPDF
Abridged model31/12/202014/06/202123/06/2021DutchPDF
Abridged model31/12/201908/06/202022/06/2020DutchPDF
Abridged model31/12/201810/06/201902/07/2019DutchPDF
Abridged model31/12/201711/06/201809/07/2018DutchPDF
Abridged model31/12/201612/06/201730/06/2017DutchPDF
Abridged model31/12/201513/06/201620/06/2016DutchPDF
Abridged model31/12/201408/06/201529/06/2015DutchPDF
Abridged model31/12/201310/06/201427/06/2014DutchPDF
Abridged model31/12/201210/06/201330/08/2013DutchPDF
Abridged model31/12/201111/06/201220/06/2012DutchPDF
Abridged model31/12/201014/06/201104/07/2011DutchPDF
Abridged model31/12/200914/06/201009/07/2010DutchPDF
Abridged model31/12/200808/06/200929/07/2009DutchPDF
Abridged model31/12/200730/06/200814/08/2008DutchPDF
Abridged model31/12/200630/06/200724/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 20 ended

Active mandates

TDN

Director · since 24 octobre 2024 · until 24 octobre 2030 · 0450.803.342

Represented by Patrick Percy

Active

Ended mandates

TDN

Director · since 24 octobre 2024 · until 24 octobre 2030 · 0450.803.342

Represented by Patrick PERCY

Ended
Patrick Percy

Director · since 18 octobre 2021 · until 14 juin 2027

Ended
Toon De Neef

Director · since 18 octobre 2021 · until 14 juin 2027

Ended
Herman De Neef

Director · since 13 juin 2016 · until 18 octobre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/07/2013
    DIVERSEN
    PDF
  • Other16/04/2013
    DIVERSEN
    PDF
  • Other09/01/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office14/09/2011
    MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2025
    Annual accounts 2025108,7 k €
  2. 2024
    Annual accounts 2024543,2 k €
  3. 2023
    Annual accounts 20231,2 M €
  4. 2022
    Annual accounts 20221,2 M €
  5. 2021
    Annual accounts 2021912,1 k €
  6. 2020
    Annual accounts 2020408,2 k €
  7. 2019
    Annual accounts 2019474,1 k €
  8. 2018
    Annual accounts 20181,1 M €
  9. 2017
    Annual accounts 2017120,3 k €
  10. 2016
    Annual accounts 2016304,2 k €
  11. 2015
    Annual accounts 2015416,3 k €
  12. 2014
    Annual accounts 2014373,7 k €
  13. 2013
    Annual accounts 2013286,2 k €
  14. 2012
    Annual accounts 201243 k €
  15. 2011
    Annual accounts 20115,1 k €
  16. 2010
    Annual accounts 2010313 k €
  17. 2009
    Annual accounts 2009298,1 k €
  18. 2008
    Annual accounts 2008463,3 k €
  19. 2007
    Annual accounts 2007288,4 k €
  20. 2006
    Annual accounts 2006155,2 k €
  21. 18/08/1972
    IncorporationPublic limited company