TAL
0446.924.926 · rovalta.com · 22/09/2026
ACTIVE
TAL
Financial year 2025 · closed on 31/12/2025
Net result
45,8 k €
-32.2% YoY
Gross margin
1,5 M €
-5.1% YoY
Equity
3,1 M €
+1.5% YoY
Workforce
22,3 ETP
-9.0% YoY
Overview
What does TAL do?
TAL is a Public limited company incorporated in 1992. Its main activity is: Manufacture of electric lighting equipment. Its registered office is in Pittem. It employs on average 22,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0446.924.926
Incorporation
26/03/1992
Legal form
Public limited company
Registered office
Moortelmeers 23
8740 Pittem · FlandreSee on map
8740 Pittem · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Average workforce
22,3 ETP
Activities (NACE)
27402Manufacture of electric lighting equipment· main27402Manufacture of electric lighting equipment31502Manufacture of furniture47552Retail sale of other household equipment in specialised stores47592Retail sale of furniture, lighting equipment and other household articles in specialised stores52442Warehousing and support activities for transportation+3
Joint committees (4)
- 149
- 14901
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Available with a Rovalta subscriptionTry for 7 days
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 | 1,5 M € | -5.1% | 1,5 M € | -17.9% | 1,9 M € | -11.9% | 2,1 M € | -9.4% | 2,3 M € | +5.3% | 2,2 M € | -6.0% | 2,4 M € | -32.4% | 3,5 M € | +71.4% | 2 M € | -11.5% | 2,3 M € | -8.0% | 2,5 M € | +11.6% | 2,2 M € | -2.5% | 2,3 M € | +30.3% | 1,8 M € | -22.7% | 2,3 M € | +16.5% | 2 M € | -1.4% | 2 M € | -16.8% | 2,4 M € | +1.0% | 2,4 M € | +15.0% | 2,1 M € |
| EBITDA | 176,2 k € | -23.4% | 230 k € | -57.3% | 538,2 k € | -17.3% | 650,8 k € | -9.0% | 714,9 k € | +5.6% | 676,9 k € | +5.9% | 639,3 k € | -52.5% | 1,3 M € | +632% | 184,1 k € | -69.2% | 598,2 k € | -23.5% | 782,3 k € | +44.2% | 542,4 k € | -31.3% | 789 k € | +202% | 261,6 k € | -72.5% | 951,2 k € | +42.0% | 670 k € | +1.0% | 663,3 k € | -43.9% | 1,2 M € | -2.8% | 1,2 M € | +8.3% | 1,1 M € |
| Operating result | 68,3 k € | -48.7% | 133 k € | -70.2% | 446,2 k € | -10.3% | 497,2 k € | -7.6% | 538 k € | +12.5% | 478,2 k € | +12.8% | 423,7 k € | -62.1% | 1,1 M € | +1217% | 84,9 k € | -83.5% | 516,1 k € | -21.4% | 656,9 k € | +62.0% | 405,4 k € | -40.3% | 679,2 k € | +465% | 120,2 k € | -84.8% | 789,7 k € | +49.3% | 528,8 k € | +4.1% | 508 k € | -49.7% | 1 M € | -16.9% | 1,2 M € | +20.6% | 1 M € |
| Net result | 45,8 k € | -32.2% | 67,6 k € | -78.0% | 307,7 k € | -5.4% | 325,1 k € | -14.5% | 380,4 k € | +29.8% | 293,1 k € | -14.0% | 340,8 k € | -53.4% | 730,6 k € | +284% | 190,5 k € | -41.3% | 324,3 k € | -17.2% | 391,9 k € | +49.2% | 262,6 k € | -37.4% | 419,6 k € | +728% | 50,7 k € | -89.7% | 489,9 k € | +51.6% | 323,2 k € | +5.7% | 305,7 k € | -47.7% | 584,2 k € | -11.9% | 663,3 k € | +12.3% | 590,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 3,1 M € | +1.5% | 3,1 M € | +2.2% | 3 M € | +11.4% | 2,7 M € | +13.7% | 2,4 M € | +19.0% | 2 M € | +17.2% | 1,7 M € | +2.4% | 1,7 M € | +78.1% | 935,9 k € | -75.0% | 3,7 M € | +9.5% | 3,4 M € | +12.9% | 3 M € | +9.5% | 2,8 M € | +1.6% | 2,7 M € | +1.9% | 2,7 M € | +22.5% | 2,2 M € | +17.4% | 1,9 M € | +19.7% | 1,6 M € | +15.6% | 1,3 M € | +37.1% | 980 k € |
| Total assets | 4 M € | -8.1% | 4,3 M € | -9.0% | 4,8 M € | -12.5% | 5,4 M € | -0.9% | 5,5 M € | +3.5% | 5,3 M € | -13.3% | 6,1 M € | +1.5% | 6 M € | +6.9% | 5,6 M € | +7.2% | 5,3 M € | +6.9% | 4,9 M € | +0.8% | 4,9 M € | -0.3% | 4,9 M € | -3.9% | 5,1 M € | +1.2% | 5 M € | +23.1% | 4,1 M € | +6.3% | 3,8 M € | -17.8% | 4,7 M € | +10.7% | 4,2 M € | -2.7% | 4,4 M € |
| Cash | 593,1 k € | -28.7% | 831,4 k € | +0.4% | 828,3 k € | +1009% | 74,7 k € | -87.2% | 581,7 k € | -39.2% | 956 k € | -38.7% | 1,6 M € | +70.3% | 915,6 k € | +192% | 313,7 k € | -68.5% | 994,3 k € | +274% | 266,1 k € | +86.9% | 142,4 k € | +370% | 30,3 k € | +26.7% | 23,9 k € | -69.7% | 78,9 k € | +558% | 12 k € | -16.0% | 14,3 k € | -51.1% | 29,2 k € | +973% | 2,7 k € | +95.6% | 1,4 k € |
| Debts | 848 k € | -29.8% | 1,2 M € | -30.5% | 1,7 M € | -36.2% | 2,7 M € | -2.0% | 2,8 M € | -7.7% | 3 M € | -26.4% | 4,1 M € | +2.1% | 4 M € | -14.6% | 4,7 M € | +211% | 1,5 M € | +1.0% | 1,5 M € | -19.1% | 1,8 M € | -13.2% | 2,1 M € | -10.3% | 2,4 M € | +0.8% | 2,4 M € | +24.6% | 1,9 M € | -3.1% | 1,9 M € | -36.9% | 3,1 M € | +7.6% | 2,9 M € | -10.2% | 3,2 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 22,3 ETP | -9.0% | 24,5 ETP | -2.0% | 25,0 ETP | -11.7% | 28,3 ETP | -10.4% | 31,6 ETP | -3.7% | 32,8 ETP | -2.4% | 33,6 ETP | -6.4% | 35,9 ETP | +1.1% | 35,5 ETP | +4.7% | 33,9 ETP | -0.6% | 34,1 ETP | +4.9% | 32,5 ETP | +4.8% | 31,0 ETP | -1.6% | 31,5 ETP | +0.6% | 31,3 ETP | +7.9% | 29,0 ETP | -2.7% | 29,8 ETP | +1.7% | 29,3 ETP | +7.3% | 27,3 ETP | +19.7% | 22,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 26 ended
At this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 17/08/2026 | 24/10/2025 | 07/06/2024 | 14/07/2023 | 13/06/2022 | 20/04/2021 |
| General meeting | 14/08/2026 | 22/10/2025 | 07/06/2024 | 29/06/2023 | 03/06/2022 | 15/04/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 14/08/2026 | 17/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 22/10/2025 | 24/10/2025 | Dutch | |
| Abridged model | 31/12/2023 | 07/06/2024 | 07/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 29/06/2023 | 14/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 03/06/2022 | 13/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 15/04/2021 | 20/04/2021 | Dutch | |
| Abridged model | 31/12/2019 | 05/06/2020 | 05/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 30/06/2019 | 15/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 30/06/2018 | 09/11/2018 | Dutch | |
| Abridged model | 31/12/2016 | 02/05/2017 | 03/05/2017 | Dutch | |
| Abridged model | 31/12/2015 | 03/06/2016 | 06/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 05/06/2015 | 25/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 18/03/2014 | 20/03/2014 | Dutch | |
| Abridged model | 31/12/2012 | 19/08/2013 | 28/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 01/06/2012 | 22/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 09/03/2011 | 25/03/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/04/2010 | 31/05/2010 | Dutch | |
| Abridged model | 31/12/2008 | 11/03/2009 | 02/04/2009 | Dutch | |
| Abridged model | 31/12/2007 | 17/03/2008 | 18/03/2008 | Dutch | |
| Abridged model | 31/12/2006 | 05/05/2007 | 08/05/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 26 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates22/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates31/10/2019ONTSLAGEN - BENOEMINGEN
- Registered office08/10/2018MAATSCHAPPELIJKE ZETEL
- Mandates28/06/2016ONTSLAGEN - BENOEMINGEN
- Mandates15/06/2010ONTSLAGEN - BENOEMINGEN
- Mandates29/03/2005KAPITAAL - AANDELEN - BOEKJAAR - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates24/06/2004ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202545,8 k €↓
- 2024Annual accounts 202467,6 k €↓
- 2023Annual accounts 2023307,7 k €↓
- 2022Annual accounts 2022325,1 k €↓
- 2021Annual accounts 2021380,4 k €↑
- 2020Annual accounts 2020293,1 k €↓
- 2019Annual accounts 2019340,8 k €↓
- 2018Annual accounts 2018730,6 k €↑
- 2017Annual accounts 2017190,5 k €↓
- 2016Annual accounts 2016324,3 k €↓
- 2015Annual accounts 2015391,9 k €↑
- 2014Annual accounts 2014262,6 k €↓
- 2013Annual accounts 2013419,6 k €↑
- 2012Annual accounts 201250,7 k €↓
- 2011Annual accounts 2011489,9 k €↑
- 2010Annual accounts 2010323,2 k €↑
- 2009Annual accounts 2009305,7 k €↓
- 2008Annual accounts 2008584,2 k €↓
- 2007Annual accounts 2007663,3 k €↑
- 2006Annual accounts 2006590,8 k €
- 26/03/1992IncorporationPublic limited company