ACTIVE

EASTERN

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Financial year 2025 · closed on 31/12/2025

Net result

-26,4 k €

-8.5% YoY

Gross margin

-4,6 k €

-20.4% YoY

Equity

1,2 M €

-2.1% YoY

What does EASTERN do?

EASTERN is a Public limited company incorporated in 1991. Its registered office is in Hoogstraten.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.847.749

Incorporation

04/04/1991

Legal form

Public limited company

Registered office

Langenberg 41
2323 Hoogstraten · FlandreSee on map

Contributed capital

97 994,12 €

Latest accounts

31/12/2025

Signals

Solid equity

View the BCE/KBO Public Search record →

Health score

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✦ 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	-4,6 k €	-20.4%	-3,8 k €	+45.3%	-7,0 k €	-58.7%	-4,4 k €	-325%	-1,0 k €	+92.5%	-13,8 k €	-405%	4,5 k €	+1110%	-448,2 €	-1145%	42,9 €	+100%	-12,3 k €	-26.3%	-9,7 k €	+4.2%	-10,2 k €	-31.3%	-7,7 k €	+19.2%	-9,6 k €	-140%	-4,0 k €	+42.2%	-6,9 k €	-205%	-2,3 k €	+74.2%	-8,8 k €	-194%	-3,0 k €	-247%	2,0 k €
EBITDA	-9,8 k €	-1.7%	-9,7 k €	+24.2%	-12,7 k €	-35.0%	-9,4 k €	-56.4%	-6,0 k €	+68.6%	-19,2 k €	-2507%	-737,5 €	+86.9%	-5,6 k €	+5.3%	-5,9 k €	+65.7%	-17,3 k €	-21.5%	-14,2 k €	+9.6%	-15,7 k €	-26.2%	-12,4 k €	+11.1%	-14,0 k €	-64.4%	-8,5 k €	+24.2%	-11,2 k €	-73.0%	-6,5 k €	+50.4%	-13,1 k €	-97.5%	-6,6 k €	-315%	-1,6 k €
Operating result	-9,8 k €	+3.5%	-10,2 k €	+23.3%	-13,3 k €	-26.4%	-10,5 k €	-41.8%	-7,4 k €	+64.1%	-20,6 k €	-1203%	-1,6 k €	+75.5%	-6,5 k €	+5.2%	-6,8 k €	+64.3%	-19,1 k €	-16.8%	-16,3 k €	+8.5%	-17,8 k €	-20.9%	-14,8 k €	+25.8%	-19,9 k €	-42.4%	-14,0 k €	+16.3%	-16,7 k €	-39.7%	-12,0 k €	+35.5%	-18,6 k €	-53.5%	-12,1 k €	-93.4%	-6,3 k €
Net result	-26,4 k €	-8.5%	-24,4 k €	+7.3%	-26,3 k €	-19.0%	-22,1 k €	+39.2%	-36,3 k €	-23.8%	-29,3 k €	-204%	-9,7 k €	+30.8%	-14,0 k €	+0.2%	-14,0 k €	+49.6%	-27,7 k €	-16.2%	-23,8 k €	-124%	-10,7 k €	+73.5%	-40,2 k €	-102%	-19,9 k €	-42.4%	-14,0 k €	+16.3%	-16,7 k €	-38.5%	-12,1 k €	+35.0%	-18,6 k €	-51.8%	-12,2 k €	-92.8%	-6,3 k €
Balance sheet
Equity	1,2 M €	-2.1%	1,2 M €	+1806%	65,1 k €	-28.8%	91,4 k €	-19.5%	113,5 k €	-24.2%	149,8 k €	-16.4%	179,2 k €	-5.1%	188,9 k €	-6.9%	202,8 k €	-6.4%	216,8 k €	-11.3%	244,5 k €	-8.9%	268,4 k €	+825%	29,0 k €	-58.1%	69,2 k €	-22.3%	89,1 k €	-13.6%	103,1 k €	-13.9%	119,8 k €	-9.2%	131,9 k €	-12.3%	150,5 k €	-7.5%	162,7 k €
Total assets	1,9 M €	+2.6%	1,9 M €	+178%	668,2 k €	+10.2%	606,2 k €	+1.4%	598,1 k €	+4.0%	574,8 k €	-0.1%	575,4 k €	-39.4%	948,8 k €	-1.1%	959,1 k €	-1.8%	976,7 k €	-1.9%	995,9 k €	-2.2%	1,0 M €	+219%	319,7 k €	-0.4%	320,9 k €	-0.5%	322,4 k €	-2.0%	328,9 k €	-1.0%	332,2 k €	-1.6%	337,5 k €	-1.8%	343,7 k €	+0.1%	343,4 k €
Cash	270,8 €	-55.9%	613,8 €	+820%	66,7 €	-88.3%	568,8 €	+12.8%	504,5 €	+62.6%	310,2 €	-91.0%	3,4 k €	+358%	748,9 €	+220%	234,3 €	+16.6%	200,9 €	-25.4%	269,2 €	-89.3%	2,5 k €	+238%	741,4 €	-49.1%	1,5 k €	+3142%	44,9 €	-98.0%	2,3 k €	+1493%	143,3 €	+184%	50,4 €	-93.3%	751,4 €	+392%	152,8 €
Debts	692,9 k €	+12.1%	617,9 k €	+2.5%	603,1 k €	+17.2%	514,8 k €	+6.2%	484,5 k €	+14.0%	425,0 k €	+7.3%	396,2 k €	-47.9%	760,0 k €	+0.5%	756,3 k €	-0.5%	759,9 k €	+1.1%	751,4 k €	+0.2%	750,2 k €	+158%	290,7 k €	+15.5%	251,6 k €	+7.9%	233,2 k €	+3.3%	225,7 k €	+6.3%	212,3 k €	+3.3%	205,6 k €	+6.4%	193,2 k €	+6.9%	180,7 k €

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 · 1 active · 13 ended

Active mandates

LUDO TIELEN

Managing director · since 22 octobre 2013

Active

Ended mandates

Loic Tielen

Director · since 01 juin 2017 · until 01 juin 2022

Ended

LOIC TIELEN

Managing director · since 01 juin 2017 · until 31 mai 2023

Ended

LUDO TIELEN

Managing director · since 01 juin 2017 · until 01 juin 2022

Ended

LUDO TIELEN

Managing director · since 01 juin 2017 · until 31 mai 2023

Ended

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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	29/06/2026	15/09/2025	29/10/2024	31/08/2023	31/08/2022	05/07/2021
General meeting	04/06/2026	05/09/2025	29/07/2024	30/06/2023	01/06/2022	03/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/06/2026	29/06/2026	Dutch	PDF
Micro model	31/12/2024	05/09/2025	15/09/2025	Dutch	PDF
Micro model	31/12/2023	29/07/2024	29/10/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	01/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	03/06/2021	05/07/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	16/07/2020	Dutch	PDF
Micro model	31/12/2018	30/06/2019	31/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	30/07/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	22/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	22/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	01/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	15/07/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	24/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	14/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	30/07/2007	Dutch	PDF

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 · 1 active · 13 ended

Active mandates

LUDO TIELEN

Managing director · since 22 octobre 2013

Active

Ended mandates

Loic Tielen

Director · since 01 juin 2017 · until 01 juin 2022

Ended

LOIC TIELEN

Managing director · since 01 juin 2017 · until 31 mai 2023

Ended

LUDO TIELEN

Managing director · since 01 juin 2017 · until 01 juin 2022

Ended

LUDO TIELEN

Managing director · since 01 juin 2017 · until 31 mai 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other20/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/03/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/08/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/09/2003
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
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 2025-26,4 k €↓
2024
Annual accounts 2024-24,4 k €↑
2023
Annual accounts 2023-26,3 k €↓
2022
Annual accounts 2022-22,1 k €↑
2021
Annual accounts 2021-36,3 k €↓
2020
Annual accounts 2020-29,3 k €↓
2019
Annual accounts 2019-9,7 k €↑
2018
Annual accounts 2018-14,0 k €↑
2017
Annual accounts 2017-14,0 k €↑
2016
Annual accounts 2016-27,7 k €↓
2015
Annual accounts 2015-23,8 k €↓
2014
Annual accounts 2014-10,7 k €↑
2013
Annual accounts 2013-40,2 k €↓
2012
Annual accounts 2012-19,9 k €↓
2011
Annual accounts 2011-14,0 k €↑
2010
Annual accounts 2010-16,7 k €↓
2009
Annual accounts 2009-12,1 k €↑
2008
Annual accounts 2008-18,6 k €↓
2007
Annual accounts 2007-12,2 k €↓
2006
Annual accounts 2006-6,3 k €
04/04/1991
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

EASTERN

Overview

What does EASTERN do?

Trend over 20 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