ACTIVE

T & G

Financial year 2025 · closed on 31/12/2025
Net result
224,3 k €
+27.8% YoY
Gross margin
1,5 M €
+15.1% YoY
Equity
2,6 M €
+9.4% YoY
Workforce
11,6 ETP
-6.5% YoY

What does T & G do?

T & G is a Private limited company incorporated in 1989. Its main activity is: Wholesale of china and glassware and cleaning materials. Its registered office is in Tongeren-Borgloon. It employs on average 11,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.849.477
Incorporation
08/11/1989
Legal form
Private limited company
Registered office
Prinsenweg 23
3700 Tongeren-Borgloon · FlandreSee on map
Contributed capital
1 800 000,00 €
Latest accounts
31/12/2025
Average workforce
11,6 ETP
Joint committees (3)
  • 116
  • 207
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220102009200820072006
Income statement
Gross margin1,5 M €1,3 M €1,1 M €1,4 M €1,5 M €1,2 M €1,4 M €1,4 M €1,1 M €821,6 k €832,7 k €618 k €
EBITDA462,2 k €374,5 k €138,4 k €451,4 k €639,8 k €453,8 k €504,7 k €164,2 k €-149,9 k €-301,3 k €-131,6 k €376,4 k €405,4 k €477,5 k €71,8 k €432 k €533,4 k €546,3 k €368,8 k €
Operating result354,4 k €280,2 k €38,9 k €393 k €505,6 k €336,3 k €382,5 k €-19 k €-323,6 k €-466,1 k €-292 k €162,1 k €223,8 k €289,1 k €-15,7 k €353,3 k €432,4 k €423,7 k €276,3 k €
Net result224,3 k €175,5 k €-11,7 k €288,3 k €478,9 k €318 k €301,5 k €-92,2 k €-402 k €-543,7 k €-432,8 k €63,9 k €114,9 k €163,1 k €-59,6 k €209,5 k €256 k €227,4 k €165 k €
Balance sheet
Equity2,6 M €2,4 M €2,2 M €2,2 M €1,9 M €1,5 M €1,1 M €833,4 k €925,6 k €1,3 M €1,9 M €2,3 M €2,2 M €2,1 M €951,9 k €1 M €801,9 k €546 k €318,6 k €
Total assets4,1 M €4 M €4,2 M €4,4 M €2,7 M €2,8 M €2,5 M €4,9 M €4,7 M €5 M €5,6 M €3,8 M €3,3 M €3,1 M €1,7 M €1,8 M €1,7 M €1,8 M €2 M €
Cash278,4 k €513 k €357,9 k €693,6 k €353,6 k €487,1 k €151 k €194,7 k €98,1 k €337,4 k €421,4 k €325,4 k €494,6 k €433,4 k €334,2 k €507,1 k €380,8 k €446,4 k €288,9 k €
Debts1,5 M €1,5 M €2 M €2,1 M €727,7 k €1,2 M €1,2 M €3,9 M €3,7 M €3,6 M €3,7 M €1,5 M €1 M €978,3 k €702,6 k €774,3 k €772,6 k €1,1 M €1,2 M €
Other
Workforce11,6 ETP12,4 ETP12,6 ETP13,1 ETP13,1 ETP13,3 ETP14,1 ETP17,0 ETP17,7 ETP18,8 ETP18,5 ETP16,4 ETP15,9 ETP9,2 ETP6,0 ETP6,0 ETP5,8 ETP4,9 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 · 2 active · 14 ended

Active mandates

FEMTE

Director · since 01 octobre 2022 · 0789.638.990

Represented by Daniël Gorissen

Active
KENERCY

Director · since 30 décembre 2020 · 0764.305.461

Represented by Olivier Fahy

Active

Ended mandates

FEMTE

Director · since 01 octobre 2022 · 0789.638.990

Represented by Daniël Gorissen

Ended
FEMTE

Director · since 12 août 2022 · 0789.638.990

Represented by Daniël Gorissen

Ended
Kenercy SARL

Director · since 30 décembre 2020

Represented by Olivier Fahy

Ended
KENERCY SARL

Director · since 30 décembre 2020

Represented by Olivier Fahy

Ended
At this address

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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 date31/07/202612/06/202514/06/202430/06/202301/07/202211/06/2021
General meeting30/06/202613/05/202514/05/202409/05/202310/05/202211/05/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202413/05/202512/06/2025DutchPDF
Abridged model31/12/202314/05/202414/06/2024DutchPDF
Abridged model31/12/202209/05/202330/06/2023DutchPDF
Abridged model31/12/202110/05/202201/07/2022DutchPDF
Abridged model31/12/202011/05/202111/06/2021DutchPDF
Abridged model31/12/201922/06/202002/07/2020DutchPDF
Abridged model31/12/201827/05/201916/07/2019DutchPDF
Abridged modelCorrection31/12/201708/05/201813/11/2018DutchPDF
Abridged model31/12/201708/05/201829/06/2018DutchPDF
Full model31/12/201630/06/201719/07/2017DutchPDF
Full model31/12/201510/05/201603/06/2016DutchPDF
Full model31/12/201412/05/201518/06/2015DutchPDF
Full model31/12/201310/06/201415/07/2014DutchPDF
Full model31/12/201231/05/201310/07/2013DutchPDF
Full model31/12/201129/05/201216/07/2012DutchPDF
Full model31/12/201010/06/201101/07/2011DutchPDF
Full model31/12/200921/06/201030/06/2010DutchPDF
Abridged model31/12/200826/06/200903/07/2009DutchPDF
Abridged model31/12/200713/05/200802/06/2008DutchPDF
Abridged model31/12/200608/06/200718/06/2007DutchPDF
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 · 2 active · 14 ended

Active mandates

FEMTE

Director · since 01 octobre 2022 · 0789.638.990

Represented by Daniël Gorissen

Active
KENERCY

Director · since 30 décembre 2020 · 0764.305.461

Represented by Olivier Fahy

Active

Ended mandates

FEMTE

Director · since 01 octobre 2022 · 0789.638.990

Represented by Daniël Gorissen

Ended
FEMTE

Director · since 12 août 2022 · 0789.638.990

Represented by Daniël Gorissen

Ended
Kenercy SARL

Director · since 30 décembre 2020

Represented by Olivier Fahy

Ended
KENERCY SARL

Director · since 30 décembre 2020

Represented by Olivier Fahy

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/06/2024
    WIJZIGING RECHTSVORM
    PDF
  • Mandates07/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2023
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Other05/08/2021
    DOEL
    PDF
  • Mandates08/03/2021
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2015
    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

Timeline

  1. 2025
    Annual accounts 2025224,3 k €
  2. 2024
    Annual accounts 2024175,5 k €
  3. 2023
    Annual accounts 2023-11,7 k €
  4. 2022
    Annual accounts 2022288,3 k €
  5. 2021
    Annual accounts 2021478,9 k €
  6. 2020
    Annual accounts 2020318 k €
  7. 2019
    Annual accounts 2019301,5 k €
  8. 2018
    Annual accounts 2018-92,2 k €
  9. 2017
    Annual accounts 2017-402 k €
  10. 2016
    Annual accounts 2016-543,7 k €
  11. 2015
    Annual accounts 2015-432,8 k €
  12. 2014
    Annual accounts 201463,9 k €
  13. 2013
    Annual accounts 2013114,9 k €
  14. 2012
    Annual accounts 2012163,1 k €
  15. 2010
    Annual accounts 2010-59,6 k €
  16. 2009
    Annual accounts 2009209,5 k €
  17. 2008
    Annual accounts 2008256 k €
  18. 2007
    Annual accounts 2007227,4 k €
  19. 2006
    Annual accounts 2006165 k €
  20. 08/11/1989
    IncorporationPrivate limited company