NORMAL SITUATION

Tegelfabriek van Massenhoven

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Company — Normal situation.

Financial year 2025 · Closed on 31/12/2025

Net result786 k €+157,4 %over 1 year

Gross margin387,2 k €-2,5 %over 1 year

Equity807,6 k €-21,8 %over 1 year

Workforce6,6 ETP

Identity

Source · BCE/KBO

Tegelfabriek van Massenhoven is a company registered in Belgium. It employs on average 6,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0417.776.723
Legal form: Public limited company
Contributed capital: 61 500,00 €
Latest accounts: 31/12/2025
Average workforce: 6,6 ETP

Joint committees (5)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 48 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	387,2 k €	-2.5%	397 k €	-10.3%	442,7 k €	-17.5%	536,5 k €	+11.3%	482 k €
EBITDA	55 k €	-11.4%	62,1 k €	+4.3%	59,5 k €	-52.9%	126,5 k €	-19.6%	157,2 k €
Operating result	55 k €	-10.6%	61,5 k €	+4.4%	58,9 k €	-53.1%	125,6 k €	-19.7%	156,3 k €
Net result	786 k €	+157%	305,4 k €	-16.8%	366,9 k €	-12.1%	417,4 k €	+272%	112,1 k €
Balance sheet
Equity	807,6 k €	-21.8%	1 M €	+0.5%	1 M €	+1.7%	1 M €	+1.8%	992,7 k €
Total assets	1,3 M €	-40.5%	2,2 M €	+16.4%	1,9 M €	+19.5%	1,6 M €	+34.5%	1,2 M €
Cash	223 k €	+30.2%	171,3 k €	+8.6%	157,7 k €	+332%	36,5 k €	+65.9%	22 k €
Debts	529,1 k €	-56.5%	1,2 M €	+34.3%	904,5 k €	+49.1%	606,8 k €	+189%	209,8 k €
Other
Workforce	6,6 ETP		–		–		–		–

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AUDITE BV1002.698.007Represented by Cédric Thimmesch	Director21/11/2025 → 16/05/2031
COVALGO0632.862.741Represented by Jacques Donners	Director21/11/2025 → 16/05/2031
Kaname Consulting0668.707.013Represented by Nick D'Joos	Director01/01/2021 → 16/05/2031Managing director01/01/2021 → 18/05/2026ended
UNITED TILES BELGIUM1001.076.919Represented by Jef Huet	Director21/11/2025 → 16/05/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ASR0863.443.322Represented by Katleen Lemmens	Director01/01/2021 → 18/05/2026Managing director01/01/2021 → 18/05/2026
Dancaro0668.757.491Represented by Jonathan DANIËLS	Director01/01/2021 → 18/05/2026

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	19/03/2026	25/02/2025	29/04/2024	21/06/2023	28/06/2022	30/06/2021
General meeting	06/03/2026	24/02/2025	26/04/2024	15/05/2023	16/05/2022	17/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 48 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/03/2026	19/03/2026	Dutch	PDF
Abridged model	31/12/2024	24/02/2025	25/02/2025	Dutch	PDF
Abridged model	31/12/2023	26/04/2024	29/04/2024	Dutch	PDF
Abridged model	31/12/2022	15/05/2023	21/06/2023	Dutch	PDF
Abridged model	31/12/2021	16/05/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	17/05/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	06/04/2020	17/06/2020	Dutch	PDF
Abridged model	31/12/2018	20/05/2019	19/06/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	13/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	04/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	19/06/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	07/06/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	11/08/2009	Dutch	PDF
Abridged model	31/12/2007	23/06/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	23/06/2007	28/08/2007	Dutch	PDF
Abridged model	31/12/2005	23/06/2006	27/06/2006	Dutch	PDF
Abridged model	31/12/2004	15/06/2005	08/07/2005	Dutch	PDF
Abridged model	31/12/2003	31/08/2004	13/09/2004	Dutch	PDF
Abridged model	31/12/2002	30/06/2003	15/07/2003	Dutch	PDF
Abridged model	31/12/2001	22/06/2002	24/12/2002	Dutch	PDF
Abridged model	31/12/2000	22/06/2001	27/09/2001	Dutch	PDF
Abridged model	31/12/1999	13/06/2000	13/09/2000	Dutch	PDF
Abridged model	31/12/1998	30/06/1999	01/10/1999	Dutch	PDF
Abridged model	31/12/1997	24/06/1998	15/09/1998	Dutch	—
Abridged model	31/12/1996	24/06/1997	14/07/1997	Dutch	—
Abridged model	31/12/1995	24/06/1996	08/07/1996	Dutch	—
Abridged model	31/12/1994	14/06/1995	28/08/1995	Dutch	—
Abridged model	31/12/1993	30/06/1994	26/09/1994	Dutch	—
Abridged model	31/12/1992	30/06/1993	10/09/1993	Dutch	—
Abridged model	31/12/1991	26/06/1992	07/09/1992	Dutch	—
Abridged model	31/12/1990	28/06/1991	13/12/1991	Dutch	—
Abridged model	31/12/1989	26/06/1990	02/07/1990	Dutch	—
Abridged model	31/12/1988	16/06/1989	17/07/1989	Dutch	—
Abridged model	31/12/1987	30/06/1988	09/09/1988	Dutch	—
Abridged model	31/12/1986	30/06/1987	03/08/1987	Dutch	—
Abridged model	31/12/1985	30/06/1986	23/10/1986	Dutch	—
Abridged model	31/12/1984	30/06/1985	06/11/1985	English	—
m900-p	31/12/1983	28/06/1984	27/09/1984	English	—
m900-p	31/12/1982	20/06/1983	18/07/1983	English	—
m900-p	31/12/1981	28/06/1982	25/08/1982	English	—
m900-p	31/12/1980	01/01/9999	10/08/1981	English	—
m900-p	31/12/1979	01/01/9999	15/07/1980	English	—
m900-p	31/12/1978	01/01/9999	13/07/1979	English	—

Indicative valuation

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.

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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

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AUDITE BV1002.698.007Represented by Cédric Thimmesch	Director21/11/2025 → 16/05/2031
COVALGO0632.862.741Represented by Jacques Donners	Director21/11/2025 → 16/05/2031
Kaname Consulting0668.707.013Represented by Nick D'Joos	Director01/01/2021 → 16/05/2031Managing director01/01/2021 → 18/05/2026ended
UNITED TILES BELGIUM1001.076.919Represented by Jef Huet	Director21/11/2025 → 16/05/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ASR0863.443.322Represented by Katleen Lemmens	Director01/01/2021 → 18/05/2026Managing director01/01/2021 → 18/05/2026
Dancaro0668.757.491Represented by Jonathan DANIËLS	Director01/01/2021 → 18/05/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Dissolution04/05/2026
ONTBINDING ZONDER VEREFFENING in het kader van een MET FUSIE
PDF
Mandates10/02/2026
Benoemingen - Ontslagen
PDF
Restructuring10/02/2026
Fusievoorstel
PDF
Mandates06/06/2025
Benoeming bestuurders
PDF
Capital / shares04/02/2021
KAPITAAL - AANDELEN
PDF
Mandates18/12/2020
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/04/2015
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Name

Registered office

Annual accounts

Filings18 filings

Mandates

COVALGO

Kaname Consulting

UNITED TILES BELGIUM

AUDITE BV

Dancaro

S.T.O.R.M.

ASR

RAVENNA

Monica Rosseau

20062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

Tegelfabriek van Massenhoven

Liersebaan 206, 2240 Zandhoven

Director

DirectorManaging director

Director

Managing directorDirector

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Liersebaan 206, 2240 Zandhoven	accounts 2021 → 2025	Accounts 2025 · 2026-00057355

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Tegelfabriek van Massenhoven	accounts 2021 → 2025	Accounts 2025 · 2026-00057355

Events

2025
Annual accounts 2025786 k €↑
2024
Annual accounts 2024305,4 k €↓
2023
Annual accounts 2023366,9 k €↓
2022
Annual accounts 2022417,4 k €↑
2021
Annual accounts 2021112,1 k €↑
2018
Annual accounts 20185,5 k €↓
2017
Annual accounts 201718,1 k €↓
2016
Annual accounts 201667,5 k €↑
2015
Annual accounts 20156,6 k €↓
2014
Annual accounts 201415 k €↓
2013
Annual accounts 201392,9 k €↑
2012
Annual accounts 201261,4 k €↑
2011
Annual accounts 201123,5 k €↑
2010
Annual accounts 2010-8,9 k €↓
2009
Annual accounts 200930,1 k €↑
2008
Annual accounts 200821,3 k €↑
2007
Annual accounts 2007-16,8 k €↓
2006
Annual accounts 200625,1 k €

Tegelfabriek van Massenhoven

Overview

Identity

Financials

Board of directors

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

Timeline

Registered offices

Company names

Events