ACTIVE

Tejo

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Financial year 2024 · closed on 31/12/2024

Net result

75,4 k €

-22.5% YoY

Gross margin

1,8 M €

-14.6% YoY

Equity

1,1 M €

+7.2% YoY

Workforce

26,5 ETP

-11.7% YoY

What does Tejo do?

Tejo is a Public limited company incorporated in 1991. Its registered office is in Geel. It employs on average 26,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.225.149

Incorporation

23/09/1991

Legal form

Public limited company

Registered office

Kalverstraat 1
2440 Geel · FlandreSee on map

Contributed capital

62 500,00 €

Latest accounts

31/12/2024

Average workforce

26,5 ETP

Joint committees (4)

140
14003
14004
226

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,8 M €	-14.6%	2,1 M €	+2.5%	2,1 M €	-7.1%	2,2 M €	-7.9%	2,4 M €	+0.7%	2,4 M €	-5.5%	2,5 M €	+12.4%	2,3 M €	+4.1%	2,2 M €		–		–		–		–		–		–		–		–		–		–
EBITDA	123,4 k €	-23.3%	160,8 k €	-17.5%	194,9 k €	+58.1%	123,3 k €	-55.4%	276,1 k €	+963%	26 k €	-82.7%	149,9 k €	-0.5%	150,5 k €	-30.5%	216,7 k €	-2.9%	223,3 k €	-8.9%	245 k €	-15.9%	291,5 k €	+4.6%	278,7 k €	-33.5%	418,9 k €	-15.5%	495,8 k €	-4.0%	516,7 k €	-8.9%	567,4 k €	-15.2%	669,1 k €	+54.2%	433,9 k €
Operating result	123,4 k €	-23.3%	160,8 k €	-17.5%	194,9 k €	+58.1%	123,3 k €	-55.4%	276,1 k €	+963%	26 k €	-82.4%	147,3 k €	+70.5%	86,4 k €	+44.8%	59,7 k €	+180%	21,3 k €	+182%	-26,1 k €	-208%	24,3 k €	-8.0%	26,4 k €	-53.4%	56,6 k €	+71.5%	33 k €	-48.6%	64,2 k €	+72.6%	37,2 k €	-53.5%	80 k €	+20.1%	66,6 k €
Net result	75,4 k €	-22.5%	97,3 k €	-20.2%	122 k €	+82.5%	66,8 k €	-63.7%	184 k €	+10585%	-1,8 k €	-102%	87,6 k €	+110%	41,7 k €	+48.4%	28,1 k €	+40.8%	19,9 k €	+4255%	458 €	+134%	-1,4 k €	-113%	10,5 k €	-20.6%	13,2 k €	+185%	-15,6 k €	-159%	26,5 k €	+304%	-13 k €	-341%	5,4 k €	-93.7%	85,4 k €
Balance sheet
Equity	1,1 M €	+7.2%	1 M €	+10.3%	946,4 k €	+14.8%	824,4 k €	+8.8%	757,6 k €	+32.1%	573,6 k €	-0.3%	575,3 k €	+18.0%	487,7 k €	+9.3%	446 k €	+6.7%	418 k €	+5.0%	398 k €	-10.1%	442,6 k €	-0.3%	443,9 k €	+2.4%	433,4 k €	+3.1%	420,2 k €	-3.6%	435,8 k €	+6.5%	409,3 k €	-3.1%	422,3 k €	+1.3%	416,9 k €
Total assets	2,7 M €	-6.3%	2,8 M €	+24.2%	2,3 M €	+9.1%	2,1 M €	+22.3%	1,7 M €	+22.1%	1,4 M €	-17.1%	1,7 M €	+20.3%	1,4 M €	+9.6%	1,3 M €	+0.7%	1,3 M €	-18.7%	1,6 M €	-21.1%	2 M €	-1.6%	2 M €	+41.6%	1,4 M €	-17.7%	1,7 M €	+8.5%	1,6 M €	-22.4%	2,1 M €	-32.8%	3,1 M €	+55.2%	2 M €
Cash	–		679,9 €	0.0%	679,9 €	0.0%	679,9 €	0.0%	679,9 €	0.0%	679,9 €	0.0%	679,9 €	0.0%	679,9 €	0.0%	679,9 €	0.0%	679,9 €	0.0%	679,9 €	0.0%	679,9 €	-23.5%	888,5 €	-27.2%	1,2 k €	+517%	198 €	-92.8%	2,7 k €	+66.7%	1,6 k €	-75.3%	6,7 k €	+257%	1,9 k €
Debts	1,5 M €	-14.2%	1,8 M €	+34.1%	1,3 M €	+5.3%	1,3 M €	+33.0%	956,2 k €	+14.8%	832,7 k €	-25.8%	1,1 M €	+21.6%	922,4 k €	+10.0%	838,2 k €	-1.9%	854,4 k €	-26.8%	1,2 M €	-24.2%	1,5 M €	-1.7%	1,6 M €	+59.8%	979,9 k €	-24.4%	1,3 M €	+11.4%	1,2 M €	-29.6%	1,7 M €	-37.5%	2,6 M €	+69.5%	1,6 M €
Other
Workforce	26,5 ETP	-11.7%	30,0 ETP	-8.8%	32,9 ETP	-13.0%	37,8 ETP	-0.3%	37,9 ETP	-7.6%	41,0 ETP	-2.4%	42,0 ETP	+5.3%	39,9 ETP	+6.7%	37,4 ETP	+6.6%	35,1 ETP	+4.8%	33,5 ETP	-2.0%	34,2 ETP	+7.9%	31,7 ETP	+3.6%	30,6 ETP	-3.5%	31,7 ETP	+6.7%	29,7 ETP	-8.0%	32,3 ETP	+0.3%	32,2 ETP	+23.8%	26,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 6 active · 66 ended

Active mandates

Erwin Brans

Bestuurder · since 23 avril 2025 · until 23 avril 2031

Active

Jan Van Boxel

Bestuurder · since 23 avril 2025 · until 23 avril 2031

Active

CARINO

Bestuurder · since 29 juin 2022 · until 17 juin 2028 · 0470.312.616

Represented by Willy Oeyen

Active

Jan Caers

Gedelegeerd bestuurder · since 29 juin 2022 · until 17 juin 2028

Active

Ronny Bries

Gedelegeerd bestuurder · since 29 juin 2022 · until 17 juin 2028

Active

SOPRACO

Gedelegeerd bestuurder · since 29 juin 2022 · until 17 juin 2028 · 0507.988.901

Represented by Maria Otten

Active

Ended mandates

CARINO

Director · since 29 juin 2022 · until 17 juin 2028 · 0470.312.616

Represented by Willy Oeyen

Ended

Eddie Van Roosbroeck

Managing director · since 29 juin 2022 · until 31 décembre 2022

Ended

Jan Caers

Managing director · since 29 juin 2022 · until 17 juin 2028

Ended

OSMANA

Director · since 29 juin 2022 · until 30 septembre 2022 · 0469.767.040

Represented by Jan Oeyen

Ended

At this address

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COBENIFOND● Active	0447.927.885
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O de VO● Active	0426.370.626
PANNENHOEF● Active	0444.516.059
SOPRACO● Active	0507.988.901
TERRIMMO● Active	0872.658.322
VILATCA● Active	0434.724.801
VILATCA BELGIUM● Active	0890.269.958

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2025	04/07/2024	27/07/2023	14/07/2022	06/07/2021	22/09/2020
General meeting	30/06/2025	28/06/2024	12/07/2023	29/06/2022	30/06/2021	08/09/2020
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
Abridged model	31/12/2024	30/06/2025	01/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	04/07/2024	Dutch	PDF
Abridged model	31/12/2022	12/07/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	29/06/2022	14/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	22/09/2020	Dutch	PDF
Abridged model	31/12/2018	25/07/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	16/06/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	11/07/2017	Dutch	PDF
Full model	31/12/2015	18/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	20/06/2015	16/07/2015	Dutch	PDF
Full model	31/12/2013	21/06/2014	11/07/2014	Dutch	PDF
Full model	31/12/2012	15/06/2013	20/06/2013	Dutch	PDF
Full model	31/12/2011	16/06/2012	27/07/2012	Dutch	PDF
Full model	31/12/2010	18/06/2011	13/07/2011	Dutch	PDF
Full model	31/12/2009	19/06/2010	26/08/2010	Dutch	PDF
Full model	31/12/2008	20/06/2009	27/08/2009	Dutch	PDF
Full model	31/12/2007	21/06/2008	25/08/2008	Dutch	PDF
Full model	30/09/2006	17/03/2007	25/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2024 · 6 active · 66 ended

Active mandates

Erwin Brans

Bestuurder · since 23 avril 2025 · until 23 avril 2031

Active

Jan Van Boxel

Bestuurder · since 23 avril 2025 · until 23 avril 2031

Active

CARINO

Bestuurder · since 29 juin 2022 · until 17 juin 2028 · 0470.312.616

Represented by Willy Oeyen

Active

Jan Caers

Gedelegeerd bestuurder · since 29 juin 2022 · until 17 juin 2028

Active

Ronny Bries

Gedelegeerd bestuurder · since 29 juin 2022 · until 17 juin 2028

Active

SOPRACO

Gedelegeerd bestuurder · since 29 juin 2022 · until 17 juin 2028 · 0507.988.901

Represented by Maria Otten

Active

Ended mandates

CARINO

Director · since 29 juin 2022 · until 17 juin 2028 · 0470.312.616

Represented by Willy Oeyen

Ended

Eddie Van Roosbroeck

Managing director · since 29 juin 2022 · until 31 décembre 2022

Ended

Jan Caers

Managing director · since 29 juin 2022 · until 17 juin 2028

Ended

OSMANA

Director · since 29 juin 2022 · until 30 septembre 2022 · 0469.767.040

Represented by Jan Oeyen

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/08/2026
BENOEMING COMMISSARIS - ONTSLAG BESTUURDER - BENOEMING
PDF
Mandates18/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other28/01/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates03/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/08/2022
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

2024
Annual accounts 202475,4 k €↓
2023
Annual accounts 202397,3 k €↓
2022
Annual accounts 2022122 k €↑
2021
Annual accounts 202166,8 k €↓
2020
Annual accounts 2020184 k €↑
2019
Annual accounts 2019-1,8 k €↓
2018
Annual accounts 201887,6 k €↑
2017
Annual accounts 201741,7 k €↑
2016
Annual accounts 201628,1 k €↑
2015
Annual accounts 201519,9 k €↑
2014
Annual accounts 2014458 €↑
2013
Annual accounts 2013-1,4 k €↓
2012
Annual accounts 201210,5 k €↓
2011
Annual accounts 201113,2 k €↑
2010
Annual accounts 2010-15,6 k €↓
2009
Annual accounts 200926,5 k €↑
2008
Annual accounts 2008-13 k €↓
2007
Annual accounts 20075,4 k €↓
2006
Annual accounts 200685,4 k €
23/09/1991
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

Tejo

Overview

What does Tejo 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