ACTIVE

TLK

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

14,6 k €

+9.7% YoY

Gross margin

44,8 k €

-1.3% YoY

Equity

350,4 k €

+4.3% YoY

What does TLK do?

TLK is a Private limited company incorporated in 1992. Its registered office is in Andenne.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.346.191

Incorporation

14/01/1992

Legal form

Private limited company

Registered office

Rue Rogier 11
5300 Andenne · WallonieSee on map

Contributed capital

34 085,36 €

Latest accounts

31/12/2025

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive 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	44,8 k €	-1.3%	45,4 k €	-6.5%	48,6 k €	+21.4%	40 k €	-6.7%	42,9 k €	-83.1%	254,1 k €	+564%	38,3 k €	+19.2%	32,1 k €	+30.9%	24,5 k €	-8.7%	26,9 k €	-77.7%	120,5 k €	+116%	55,8 k €	+0.7%	55,5 k €	-15.3%	65,5 k €	+12.0%	58,5 k €	-34.3%	88,9 k €	-3.5%	92,2 k €	+19.3%	77,3 k €	+5.9%	73 k €	+18.0%	61,8 k €
EBITDA	40,6 k €	-1.8%	41,3 k €	-7.3%	44,6 k €	+22.2%	36,5 k €	-7.6%	39,5 k €	-84.1%	248,9 k €	+653%	33 k €	+22.5%	27 k €	+38.4%	19,5 k €	-11.0%	21,9 k €	-80.9%	114,8 k €	+132%	49,6 k €	-0.5%	49,9 k €	-17.0%	60 k €	+12.9%	53,2 k €	-36.4%	83,7 k €	-4.0%	87,1 k €	+20.3%	72,4 k €	+4.0%	69,6 k €	+20.0%	58 k €
Operating result	19,7 k €	-1.7%	20,1 k €	-19.2%	24,8 k €	+23.9%	20 k €	-14.8%	23,5 k €	-90.0%	234,2 k €	+2208%	10,2 k €	+348%	2,3 k €	+226%	-1,8 k €	-24.2%	-1,4 k €	-102%	90,7 k €	+324%	21,4 k €	+0.8%	21,2 k €	-33.0%	31,6 k €	+34.2%	23,6 k €	-54.9%	52,3 k €	-7.5%	56,6 k €	+38.6%	40,8 k €	+3.9%	39,3 k €	+40.4%	28 k €
Net result	14,6 k €	+9.7%	13,3 k €	+0.9%	13,2 k €	+71.5%	7,7 k €	-51.3%	15,8 k €	-90.2%	161,2 k €	+2741%	5,7 k €	+237%	-4,1 k €	+37.1%	-6,6 k €	+17.6%	-8 k €	-114%	55,7 k €	+478%	9,6 k €	+2.3%	9,4 k €	-55.1%	21 k €	+153%	8,3 k €	-70.2%	27,9 k €	-6.0%	29,6 k €	+72.8%	17,1 k €	-3.5%	17,8 k €	+82.3%	9,7 k €
Balance sheet
Equity	350,4 k €	+4.3%	335,8 k €	+4.1%	322,5 k €	+3.9%	310,4 k €	-22.7%	401,6 k €	+3.8%	386,8 k €	+71.5%	225,6 k €	+2.1%	220,9 k €	-1.8%	225,1 k €	-2.8%	231,6 k €	-3.3%	239,6 k €	+30.3%	183,9 k €	+141%	76,4 k €	-56.5%	175,7 k €	+13.6%	154,7 k €	+5.7%	146,4 k €	+23.5%	118,6 k €	+33.3%	89 k €	+23.9%	71,8 k €	+32.9%	54,1 k €
Total assets	362,9 k €	+3.3%	351,4 k €	+0.8%	348,5 k €	+5.5%	330,1 k €	-21.7%	421,9 k €	+2.5%	411,7 k €	+33.3%	308,8 k €	-8.0%	335,6 k €	-14.2%	391,2 k €	-5.9%	415,7 k €	-6.5%	444,8 k €	+15.2%	386 k €	-3.1%	398,4 k €	-5.7%	422,4 k €	-1.4%	428,2 k €	-8.8%	469,5 k €	-0.7%	472,5 k €	-2.7%	485,8 k €	-3.2%	501,9 k €	-10.6%	561,2 k €
Cash	188,1 k €	+45.6%	129,2 k €	-38.0%	208,4 k €	+18.7%	175,5 k €	-27.7%	242,6 k €	+5.3%	230,5 k €	+210%	74,5 k €	+1.3%	73,5 k €	-49.7%	146,2 k €	-17.6%	177,4 k €	+0.2%	177,1 k €	+169%	65,7 k €	+21.8%	53,9 k €	+17.0%	46,1 k €	-31.9%	67,7 k €	+12.5%	60,2 k €	+39.1%	43,3 k €	+6.9%	40,5 k €	+21.9%	33,2 k €	-69.8%	110,1 k €
Debts	12,5 k €	-15.8%	14,9 k €	-42.6%	25,9 k €	+31.6%	19,7 k €	+0.1%	19,7 k €	-20.7%	24,8 k €	-70.0%	82,7 k €	-27.6%	114,1 k €	-19.1%	141 k €	-10.4%	157,5 k €	-12.0%	179 k €	-11.0%	201,2 k €	-37.4%	321,1 k €	+30.4%	246,2 k €	-8.6%	269,4 k €	-15.7%	319,6 k €	-9.5%	353,1 k €	-10.7%	395,3 k €	-8.1%	430,1 k €	-14.8%	504,9 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 31/12/2025 · 1 active · 1 ended

Active mandates

GILBERT TIRTIAUX

Director

Active

Ended mandates

GILBERT TIRTIAUX

Manager

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	11/03/2026	12/03/2025	15/03/2024	15/03/2023	09/03/2022	10/03/2021
General meeting	10/03/2026	11/03/2025	12/03/2024	14/03/2023	08/03/2022	09/03/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	10/03/2026	11/03/2026	French	PDF
Micro model	31/12/2024	11/03/2025	12/03/2025	French	PDF
Micro model	31/12/2023	12/03/2024	15/03/2024	French	PDF
Micro model	31/12/2022	14/03/2023	15/03/2023	French	PDF
Micro model	31/12/2021	08/03/2022	09/03/2022	French	PDF
Micro model	31/12/2020	09/03/2021	10/03/2021	French	PDF
Micro model	31/12/2019	10/03/2020	27/03/2020	French	PDF
Micro model	31/12/2018	30/06/2019	30/08/2019	French	PDF
Micro model	31/12/2017	30/06/2018	14/10/2018	French	PDF
Micro model	31/12/2016	30/06/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	19/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	13/08/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	21/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	29/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	26/08/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	22/08/2007	French	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 31/12/2025 · 1 active · 1 ended

Active mandates

GILBERT TIRTIAUX

Director

Active

Ended mandates

GILBERT TIRTIAUX

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/03/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
PDF
Capital / shares10/02/2014
CAPITAL, ACTIONS
PDF
Capital / shares15/09/2006
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 202514,6 k €↑
2024
Annual accounts 202413,3 k €↑
2023
Annual accounts 202313,2 k €↑
2022
Annual accounts 20227,7 k €↓
2021
Annual accounts 202115,8 k €↓
2020
Annual accounts 2020161,2 k €↑
2019
Annual accounts 20195,7 k €↑
2018
Annual accounts 2018-4,1 k €↑
2017
Annual accounts 2017-6,6 k €↑
2016
Annual accounts 2016-8 k €↓
2015
Annual accounts 201555,7 k €↑
2014
Annual accounts 20149,6 k €↑
2013
Annual accounts 20139,4 k €↓
2012
Annual accounts 201221 k €↑
2011
Annual accounts 20118,3 k €↓
2010
Annual accounts 201027,9 k €↓
2009
Annual accounts 200929,6 k €↑
2008
Annual accounts 200817,1 k €↓
2007
Annual accounts 200717,8 k €↑
2006
Annual accounts 20069,7 k €
14/01/1992
IncorporationPrivate 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

TLK

Overview

What does TLK 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