ACTIVE

TUBE BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result319,9 k €+94,7 %over 1 year
Gross margin2,4 M €+17,8 %over 1 year
Equity684,4 k €+12,8 %over 1 year
Workforce25,9 ETP-4,1 %over 1 year

Identity

Source · BCE/KBO

TUBE BELGIUM is a Public limited company incorporated in 1985. Its main activity is: Manufacture of central heating radiators and boilers. Its registered office is in Villers-le-Bouillet. It employs on average 25,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.281.535
Incorporation
24/05/1985
Legal form
Public limited company
Registered office
Rue de la Science 27
4530 Villers-le-Bouillet · WallonieSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Average workforce
25,9 ETP
Joint committees (5)
  • 111
  • 11101
  • 209
  • 2090
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin2,4 M €2,1 M €2,5 M €2,9 M €2,3 M €
EBITDA561,6 k €360,1 k €560,9 k €988 k €596,2 k €
Operating result451,4 k €254,4 k €439,7 k €882,7 k €503,7 k €
Net result319,9 k €164,4 k €338,6 k €678,5 k €375,4 k €
Balance sheet
Equity684,4 k €606,6 k €567,9 k €525,3 k €406,2 k €
Total assets2,1 M €1,8 M €1,8 M €2,2 M €2 M €
Cash8,5 k €65 k €4,1 k €424 k €9,2 k €
Debts1,4 M €1,2 M €1,3 M €1,7 M €1,6 M €
Other
Workforce25,9 ETP27,0 ETP28,1 ETP30,7 ETP30,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 18 ended

Active mandates

GMP

Director · since 10 mai 2014 · 0811.475.274

Represented by Grégory Mouton

Active

Ended mandates

GMP

Director · since 09 mai 2020 · 0811.475.274

Represented by Grégory MOUTON

Ended
GMP

Managing director · since 09 mai 2020 · until 09 mai 2026 · 0811.475.274

Represented by Grégory MOUTON

Ended
dc SERV

Director · since 10 juin 2017 · until 13 mai 2023 · 0884.805.195

Represented by Pierre De COOMAN

Ended
dc SERV

Director · since 10 juin 2017 · until 13 octobre 2022 · 0884.805.195

Represented by Pierre De COOMAN

Ended

Other companies at this address

Rue de la Science 27 4530 Villers-le-Bouillet
CompanyCBE no.
GM ESTATE● Active
0800.830.020
GMP● Active
0811.475.274
TUBE UNITE TVA● Active
0794.292.814

Full financial information

Source · NBB
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 date21/08/202630/06/202520/08/202431/08/202323/06/202222/06/2021
General meeting30/06/202621/06/202528/06/202430/06/202314/05/202208/05/2021
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 model31/12/202530/06/202621/08/2026FrenchPDF
Abridged model31/12/202421/06/202530/06/2025FrenchPDF
Abridged model31/12/202328/06/202420/08/2024FrenchPDF
Abridged model31/12/202230/06/202331/08/2023FrenchPDF
Abridged model31/12/202114/05/202223/06/2022FrenchPDF
Abridged model31/12/202008/05/202122/06/2021FrenchPDF
Abridged model31/12/201909/05/202003/06/2020FrenchPDF
Abridged model31/12/201811/05/201920/06/2019FrenchPDF
Abridged model31/12/201712/05/201814/05/2018FrenchPDF
Abridged model31/12/201610/06/201719/07/2017FrenchPDF
Abridged model31/12/201504/06/201616/06/2016FrenchPDF
Abridged model31/12/201409/05/201509/06/2015FrenchPDF
Abridged model31/12/201310/05/201426/05/2014FrenchPDF
Abridged model31/12/201210/07/201330/07/2013FrenchPDF
Abridged model31/12/201112/05/201214/05/2012FrenchPDF
Abridged model31/12/201014/05/201110/06/2011FrenchPDF
Abridged model31/12/200908/05/201011/06/2010FrenchPDF
Abridged model31/12/200809/05/200917/06/2009FrenchPDF
Abridged model31/12/200710/05/200826/06/2008FrenchPDF
Abridged model31/12/200612/05/200705/07/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 18 ended

Active mandates

GMP

Director · since 10 mai 2014 · 0811.475.274

Represented by Grégory Mouton

Active

Ended mandates

GMP

Director · since 09 mai 2020 · 0811.475.274

Represented by Grégory MOUTON

Ended
GMP

Managing director · since 09 mai 2020 · until 09 mai 2026 · 0811.475.274

Represented by Grégory MOUTON

Ended
dc SERV

Director · since 10 juin 2017 · until 13 mai 2023 · 0884.805.195

Represented by Pierre De COOMAN

Ended
dc SERV

Director · since 10 juin 2017 · until 13 octobre 2022 · 0884.805.195

Represented by Pierre De COOMAN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/10/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/06/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office27/12/2017
    SIEGE SOCIAL
    PDF
  • Mandates17/08/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/01/2017
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Mandates09/07/2014
    DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates02/06/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office06/08/2010
    SIEGE SOCIAL
    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 2025319,9 k €↑
  2. 2024
    Annual accounts 2024164,4 k €↓
  3. 2023
    Annual accounts 2023338,6 k €↓
  4. 2022
    Annual accounts 2022678,5 k €↑
  5. 2021
    Annual accounts 2021375,4 k €↓
  6. 2020
    Annual accounts 2020532,1 k €↑
  7. 2019
    Annual accounts 2019328,2 k €↓
  8. 2018
    Annual accounts 2018370,9 k €↑
  9. 2017
    Annual accounts 2017159,8 k €↓
  10. 2016
    Annual accounts 2016198 k €↑
  11. 2015
    Annual accounts 2015103,8 k €↑
  12. 2014
    Annual accounts 201479 k €↑
  13. 2014
    Name changeTUBE BELGIUM
  14. 2013
    Annual accounts 201329,4 k €↑
  15. 2012
    Annual accounts 2012-78,9 k €↓
  16. 2011
    Annual accounts 201119,2 k €↓
  17. 2010
    Annual accounts 201035,8 k €↓
  18. 2009
    Annual accounts 200937,4 k €↓
  19. 2008
    Annual accounts 200873,9 k €↑
  20. 2007
    Annual accounts 2007-7,9 k €↓
  21. 2006
    Annual accounts 200622,1 k €
  22. 2006
    Name changeNOUVELLE ROBINETTERIE CLOSE
  23. 24/05/1985
    IncorporationPublic limited company