ACTIVE

T.M.G.

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

6,4 k €

+132.5% YoY

Gross margin

50,8 k €

+25.3% YoY

Equity

284,7 k €

+2.3% YoY

What does T.M.G. do?

T.M.G. is a Public limited company incorporated in 1987. Its main activity is: Warehousing and storage. Its registered office is in Tienen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.035.120

Incorporation

30/12/1987

Legal form

Public limited company

Registered office

Ganzendries(OPL) 78
3300 Tienen · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

52100Warehousing and storage· main 52100Warehousing and storage 63122Web portals

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	50,8 k €	+25.3%	40,5 k €	+47.1%	27,6 k €	-30.5%	39,7 k €	+2.4%	38,7 k €	-0.0%	38,8 k €	+29.7%	29,9 k €	+656%	-5,4 k €	-111%	48,7 k €	-16.0%	58 k €	+1058%	5 k €	-71.8%	17,8 k €	+0.1%	17,8 k €	-80.5%	91,1 k €	-22.4%	117,3 k €	-35.4%	181,5 k €	+74.6%	104 k €	-3.4%	107,6 k €	+12.1%	96 k €	-8.6%	105,1 k €
EBITDA	31,2 k €	+13.4%	27,5 k €	+316%	6,6 k €	-71.4%	23,1 k €	+2.2%	22,6 k €	-0.1%	22,6 k €	+50.5%	15 k €	+176%	-19,8 k €	-158%	34,3 k €	-22.2%	44,1 k €	+597%	-8,9 k €	-263%	5,5 k €	+39.8%	3,9 k €	-95.0%	77,7 k €	-25.6%	104,4 k €	-38.2%	168,9 k €	+84.2%	91,7 k €	-3.8%	95,3 k €	+13.8%	83,7 k €	-10.3%	93,3 k €
Operating result	11,6 k €	+32.1%	8,8 k €	+236%	-6,4 k €	-133%	19,7 k €	-12.2%	22,4 k €	-0.9%	22,6 k €	+198%	7,6 k €	+128%	-27,2 k €	-201%	26,9 k €	-26.0%	36,3 k €	+207%	-33,9 k €	-1084%	-2,9 k €	+38.0%	-4,6 k €	-107%	69,2 k €	-24.7%	91,9 k €	-41.2%	156,4 k €	+81.8%	86 k €	-5.6%	91,1 k €	+21.3%	75,2 k €	-11.5%	84,9 k €
Net result	6,4 k €	+132%	2,8 k €	+123%	-11,9 k €	-171%	16,7 k €	+11.2%	15 k €	-11.3%	16,9 k €	+61.1%	10,5 k €	+143%	-24,3 k €	-237%	17,7 k €	-50.3%	35,7 k €	+204%	-34,4 k €	-1880%	1,9 k €	-44.1%	3,5 k €	-94.4%	61,4 k €	-19.0%	75,8 k €	-34.8%	116,3 k €	+53.7%	75,7 k €	+3.9%	72,9 k €	+22.0%	59,7 k €	-10.0%	66,4 k €
Balance sheet
Equity	284,7 k €	+2.3%	278,3 k €	+1.0%	275,5 k €	-4.1%	287,4 k €	+6.2%	270,7 k €	+5.9%	255,7 k €	-74.2%	991,5 k €	+1.1%	981 k €	-2.4%	1 M €	+1.8%	987,6 k €	+3.8%	951,9 k €	-3.5%	986,3 k €	+0.2%	984,3 k €	+0.4%	980,9 k €	+6.7%	919,4 k €	+9.0%	843,6 k €	+16.0%	727,3 k €	+11.6%	651,6 k €	+12.6%	578,7 k €	+11.5%	519 k €
Total assets	422,4 k €	-7.6%	457,4 k €	-5.4%	483,3 k €	+14.4%	422,4 k €	+34.2%	314,8 k €	-12.5%	359,9 k €	-66.7%	1,1 M €	+0.8%	1,1 M €	+2.5%	1 M €	+1.3%	1 M €	+5.3%	979 k €	-2.7%	1 M €	-0.0%	1 M €	+0.7%	999,3 k €	+5.9%	943,5 k €	+8.5%	870 k €	+19.0%	731,1 k €	+11.6%	654,9 k €	+12.4%	582,4 k €	+11.6%	521,7 k €
Cash	9,9 k €	-67.4%	30,4 k €	-38.6%	49,5 k €	-21.8%	63,3 k €	+97.7%	32 k €	-63.1%	86,7 k €	-88.1%	731,2 k €	+2.2%	715,4 k €	-5.4%	756,5 k €	+16.0%	652,3 k €	-1.6%	662,9 k €	+20.1%	551,8 k €	-4.4%	577,3 k €	-3.8%	599,9 k €	+10.8%	541,5 k €	+16.4%	465,2 k €	+15.7%	402,1 k €	+22.0%	329,6 k €	+34.2%	245,6 k €	+35.6%	181,1 k €
Debts	137,8 k €	-23.1%	179,1 k €	-13.8%	207,8 k €	+53.8%	135,1 k €	+210%	43,6 k €	-1.7%	44,4 k €	+60.7%	27,6 k €	+1.1%	27,3 k €	-21.1%	34,6 k €	-4.8%	36,3 k €	+102%	18 k €	+121%	8,1 k €	+2.5%	8 k €	+219%	2,5 k €	-57.5%	5,9 k €	-0.6%	5,9 k €	+57.5%	3,7 k €	+12.4%	3,3 k €	-10.3%	3,7 k €	+38.9%	2,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Filip Tielens

Managing director · since 16 juin 2021

Active

Ended mandates

Ariane Tielens

Director · since 23 novembre 2020

Ended

Filip Tielens

Director · since 23 novembre 2020

Ended

Hilde Meuris

Director · since 23 novembre 2020

Ended

Karolien Tielens

Director · since 23 novembre 2020

Ended

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	24/06/2026	17/06/2025	21/06/2024	06/07/2023	02/07/2022	14/06/2021
General meeting	20/05/2026	20/05/2025	20/05/2024	20/05/2023	20/05/2022	20/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	20/05/2026	24/06/2026	Dutch	PDF
Micro model	31/12/2024	20/05/2025	17/06/2025	Dutch	PDF
Micro model	31/12/2023	20/05/2024	21/06/2024	Dutch	PDF
Micro model	31/12/2022	20/05/2023	06/07/2023	Dutch	PDF
Micro model	31/12/2021	20/05/2022	02/07/2022	Dutch	PDF
Micro model	31/12/2020	20/05/2021	14/06/2021	Dutch	PDF
Micro model	31/12/2019	20/05/2020	16/06/2020	Dutch	PDF
Micro model	31/12/2018	20/05/2019	28/05/2019	Dutch	PDF
Micro model	31/12/2017	22/05/2018	18/06/2018	Dutch	PDF
Micro model	31/12/2016	22/05/2017	19/06/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	14/06/2016	Dutch	PDF
Abridged modelCorrection	31/12/2014	23/09/2015	25/09/2015	Dutch	PDF
Abridged model	31/12/2014	20/05/2015	15/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	18/06/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	13/06/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	10/06/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	20/05/2009	11/06/2009	Dutch	PDF
Abridged model	31/12/2007	20/05/2008	12/06/2008	Dutch	PDF
Abridged model	31/12/2006	07/01/2008	21/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 active · 9 ended

Active mandates

Filip Tielens

Managing director · since 16 juin 2021

Active

Ended mandates

Ariane Tielens

Director · since 23 novembre 2020

Ended

Filip Tielens

Director · since 23 novembre 2020

Ended

Hilde Meuris

Director · since 23 novembre 2020

Ended

Karolien Tielens

Director · since 23 novembre 2020

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/02/2021
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/10/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/06/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/01/2013
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates01/02/2008
ONTSLAGEN - BENOEMINGEN
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 20256,4 k €↑
2024
Annual accounts 20242,8 k €↑
2023
Annual accounts 2023-11,9 k €↓
2022
Annual accounts 202216,7 k €↑
2021
Annual accounts 202115 k €↓
2020
Annual accounts 202016,9 k €↑
2019
Annual accounts 201910,5 k €↑
2018
Annual accounts 2018-24,3 k €↓
2017
Annual accounts 201717,7 k €↓
2016
Annual accounts 201635,7 k €↑
2015
Annual accounts 2015-34,4 k €↓
2014
Annual accounts 20141,9 k €↓
2013
Annual accounts 20133,5 k €↓
2012
Annual accounts 201261,4 k €↓
2011
Annual accounts 201175,8 k €↓
2010
Annual accounts 2010116,3 k €↑
2009
Annual accounts 200975,7 k €↑
2008
Annual accounts 200872,9 k €↑
2007
Annual accounts 200759,7 k €↓
2006
Annual accounts 200666,4 k €
30/12/1987
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

T.M.G.

Overview

What does T.M.G. do?

Trend over 20 financial years

Indicative valuation

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