ACTIVE

TG Building

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Financial year 2025 · closed on 30/06/2025

Net result

1,1 k €

+108.2% YoY

Gross margin

-14,9 k €

+44.1% YoY

Equity

302,7 k €

+0.4% YoY

What does TG Building do?

TG Building is a Public limited company incorporated in 1990. Its main activity is: Development of building projects. Its registered office is in Kasterlee.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.678.711

Incorporation

09/08/1990

Legal form

Public limited company

Registered office

Turnhoutsebaan 50
2460 Kasterlee · FlandreSee on map

Contributed capital

99 157,41 €

Latest accounts

30/06/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 63920Other information service activities 63990Other information service activities n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-14,9 k €	+44.1%	-26,6 k €	+1.1%	-26,9 k €	-210%	24,5 k €	-90.7%	263,7 k €	+1750%	-16 k €	-1580%	-951 €	+95.2%	-19,7 k €	-111%	182,3 k €	+213%	58,2 k €	+3231%	-1,9 k €	+66.0%	-5,5 k €		–		65,1 k €	-26.2%	88,1 k €	+6.8%	82,5 k €	+1.6%	81,2 k €	-14.7%	95,1 k €	-10.7%	106,5 k €
EBITDA	-15,4 k €	+43.8%	-27,3 k €	+1.9%	-27,9 k €	-224%	22,4 k €	-90.9%	245,3 k €	+1575%	-16,6 k €	-972%	-1,6 k €	+92.3%	-20,3 k €	-111%	181,4 k €	+214%	57,7 k €	+2141%	-2,8 k €	+57.5%	-6,7 k €	+71.3%	-23,2 k €	-141%	56,6 k €	-29.1%	79,8 k €	+8.7%	73,4 k €	+0.6%	73 k €	-16.2%	87,1 k €	-15.4%	102,9 k €
Operating result	-15,9 k €	+43.0%	-27,9 k €	+1.9%	-28,4 k €	-227%	22,4 k €	-90.9%	245,3 k €	+1575%	-16,6 k €	-972%	-1,6 k €	+92.6%	-20,9 k €	-112%	180,8 k €	+217%	57,1 k €	+2120%	-2,8 k €	+77.2%	-12,4 k €	+98.5%	-806,8 k €	-4376%	18,9 k €	-55.2%	42,1 k €	+16.4%	36,1 k €	+1.2%	35,7 k €	-28.3%	49,8 k €	-24.1%	65,6 k €
Net result	1,1 k €	+108%	-14 k €	+8.4%	-15,2 k €	-461%	4,2 k €	-97.9%	205 k €	+594%	-41,5 k €	-209%	-13,4 k €	+35.8%	-20,9 k €	-112%	180,7 k €	+217%	57 k €	+2070%	-2,9 k €	+81.2%	-15,4 k €	+94.2%	-266,2 k €	-3209%	-8 k €	-172%	11,2 k €	+219%	3,5 k €	-21.6%	4,5 k €	-49.9%	8,9 k €	-46.4%	16,7 k €
Balance sheet
Equity	302,7 k €	+0.4%	301,6 k €	-4.4%	315,6 k €	-4.6%	330,8 k €	+1.3%	326,6 k €	+169%	121,6 k €	-25.4%	163,1 k €	-7.6%	176,5 k €	-10.6%	197,4 k €	+1081%	16,7 k €	+141%	-40,3 k €	-4.3%	-38,7 k €	-66.4%	-23,2 k €	-110%	243 k €	-3.2%	251 k €	+4.7%	239,9 k €	+1.5%	236,4 k €	+1.9%	231,9 k €	+4.0%	223 k €
Total assets	415,8 k €	+3.3%	402,4 k €	-17.7%	489,1 k €	-1.9%	498,5 k €	+2.6%	485,9 k €	-67.1%	1,5 M €	+82.7%	807,9 k €	+147%	327,3 k €	-22.5%	422,2 k €	+1734%	23 k €	-47.1%	43,5 k €	+900%	4,4 k €	-90.4%	45,1 k €	-94.5%	815,6 k €	-28.6%	1,1 M €	-2.7%	1,2 M €	+47.9%	794,3 k €	-3.0%	819 k €	-6.6%	876,5 k €
Cash	19,9 k €	-38.5%	32,3 k €	-89.4%	305,8 k €	-0.8%	308,2 k €	+1633%	17,8 k €	+324%	4,2 k €	-98.7%	332,4 k €	+72.1%	193,2 k €	+76899%	250,9 €	-97.0%	8,3 k €	+41649%	20 €	-78.9%	95 €	+1257%	7 €	-100.0%	109 k €	+48349%	225 €		–		4,6 k €	+112%	2,2 k €	-90.0%	21,9 k €
Debts	110,7 k €	+10.9%	99,9 k €	-41.9%	171,8 k €	+2.8%	167,1 k €	+5.3%	158,7 k €	-88.3%	1,4 M €	+110%	644,2 k €	+329%	150,1 k €	+58.1%	95 k €	+1580%	5,7 k €	-93.2%	83,2 k €	+102%	41,1 k €	-39.2%	67,7 k €	-85.4%	463 k €	-48.0%	889,5 k €	-4.6%	932,6 k €	+68.2%	554,6 k €	-5.0%	583,8 k €	-10.2%	650,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 14 ended

Active mandates

Erik Jaak Theunis

Managing director · since 20 novembre 2024

Active

Ended mandates

Erik Theunis

Managing director · since 30 octobre 2019 · until 30 octobre 2025

Ended

Sakia Van Genechten

Director · since 30 octobre 2019 · until 30 octobre 2025

Ended

Erik Theunis

Managing director · since 30 octobre 2016 · until 30 octobre 2022

Ended

Sakia Van Genechten

Director · since 30 octobre 2016 · until 30 octobre 2022

Ended

At this address

Other companies at this address

Company	CBE no.
Rainbow Sales● Active	1030.934.707
RUMA● Active	0837.253.718
TG IMMO● Active	0462.196.981
TG VASTGOED● Active	0452.050.187

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	01/07/2024	01/07/2023	15/06/2022	15/06/2021	15/06/2020	15/06/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	14/06/2022	14/06/2021	14/06/2020
Length of the financial year	12 months	12 months	13 months	13 months	13 months	13 months
Filing date	15/12/2025	19/12/2024	30/01/2024	07/12/2022	22/12/2021	18/12/2020
General meeting	12/12/2025	13/12/2024	08/12/2023	30/10/2022	30/10/2021	30/10/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	12/12/2025	15/12/2025	Dutch	PDF
Micro model	30/06/2024	13/12/2024	19/12/2024	Dutch	PDF
Micro model	30/06/2023	08/12/2023	30/01/2024	Dutch	PDF
Micro model	14/06/2022	30/10/2022	07/12/2022	Dutch	PDF
Micro model	14/06/2021	30/10/2021	22/12/2021	Dutch	PDF
Micro model	14/06/2020	30/10/2020	18/12/2020	Dutch	PDF
Micro model	14/06/2019	30/10/2019	28/11/2019	Dutch	PDF
Micro model	14/06/2018	30/10/2018	28/11/2018	Dutch	PDF
Abridged model	14/06/2017	30/10/2017	21/12/2017	Dutch	PDF
Abridged model	14/06/2016	30/10/2016	23/12/2016	Dutch	PDF
Abridged model	14/06/2015	30/10/2015	21/01/2016	Dutch	PDF
Abridged model	14/06/2014	30/10/2014	13/01/2015	Dutch	PDF
Abridged model	14/06/2013	30/10/2013	20/12/2013	Dutch	PDF
Abridged model	14/06/2012	30/10/2012	11/01/2013	Dutch	PDF
Abridged model	14/06/2011	30/10/2011	31/01/2012	Dutch	PDF
Abridged model	14/06/2010	30/10/2010	28/12/2010	Dutch	PDF
Abridged model	14/06/2009	30/10/2009	22/12/2009	Dutch	PDF
Abridged model	14/06/2008	30/10/2008	23/12/2008	Dutch	PDF
Abridged model	14/06/2007	30/10/2007	29/11/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/06/2025 · 1 active · 14 ended

Active mandates

Erik Jaak Theunis

Managing director · since 20 novembre 2024

Active

Ended mandates

Erik Theunis

Managing director · since 30 octobre 2019 · until 30 octobre 2025

Ended

Sakia Van Genechten

Director · since 30 octobre 2019 · until 30 octobre 2025

Ended

Erik Theunis

Managing director · since 30 octobre 2016 · until 30 octobre 2022

Ended

Sakia Van Genechten

Director · since 30 octobre 2016 · until 30 octobre 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/11/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/03/2023
BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates18/12/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/01/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/05/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/12/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2005
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 20251,1 k €↑
2024
Annual accounts 2024-14 k €↑
2023
Annual accounts 2023-15,2 k €↓
2023
Name changeTG BUILDING
2022
Annual accounts 20224,2 k €↓
2022
Name changeBELVI
2021
Annual accounts 2021205 k €↑
2020
Annual accounts 2020-41,5 k €↓
2019
Annual accounts 2019-13,4 k €↑
2018
Annual accounts 2018-20,9 k €↓
2017
Annual accounts 2017180,7 k €↑
2016
Annual accounts 201657 k €↑
2015
Annual accounts 2015-2,9 k €↑
2014
Annual accounts 2014-15,4 k €↑
2013
Annual accounts 2013-266,2 k €↓
2012
Annual accounts 2012-8 k €↓
2011
Annual accounts 201111,2 k €↑
2010
Annual accounts 20103,5 k €↓
2009
Annual accounts 20094,5 k €↓
2008
Annual accounts 20088,9 k €↓
2007
Annual accounts 200716,7 k €
09/08/1990
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

TG Building

Overview

What does TG Building do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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