ACTIVE

TINAX

Financial year 2025 · closed on 31/12/2025
Net result
3,3 k €
-10.9% YoY
Gross margin
18,1 k €
+1.4% YoY
Equity
82,3 k €
+4.1% YoY

What does TINAX do?

TINAX is a Public limited company incorporated in 1992. Its registered office is in Lede.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.813.069
Incorporation
06/07/1992
Legal form
Public limited company
Registered office
Markt 7
9340 Lede · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin18,1 k €17,8 k €16,7 k €10,7 k €3,5 k €15,2 k €14,2 k €12,1 k €5,4 k €397,3 €3,2 k €7,6 k €14,3 k €17,7 k €14,2 k €20,1 k €21,3 k €14,6 k €15,4 k €
EBITDA16,2 k €16 k €14,9 k €8,6 k €1,9 k €14 k €13 k €10,9 k €4,2 k €-759,2 €2 k €6,5 k €12,5 k €15,8 k €12,6 k €18,3 k €19,6 k €10 k €14,2 k €
Operating result6,4 k €5,6 k €4,2 k €31,6 €-3,6 k €7,6 k €7 k €4,9 k €-1,8 k €-6,2 k €-3,4 k €1,7 k €7,7 k €7,8 k €4,8 k €10,6 k €9,8 k €-39,1 €6,9 k €
Net result3,3 k €3,7 k €2,7 k €-2,3 k €-4,5 k €6,5 k €6,7 k €4,4 k €-2,4 k €-6,7 k €-2,6 k €-4,7 k €2,5 k €2,3 k €70 €4,8 k €4,5 k €-1,6 k €4 k €
Balance sheet
Equity82,3 k €79,1 k €75,4 k €72,7 k €75,1 k €85 k €78,5 k €71,8 k €67,4 k €69,8 k €76,5 k €79,1 k €83,9 k €81,4 k €79,1 k €79 k €74,2 k €69,7 k €71,3 k €
Total assets85,6 k €87,3 k €87,7 k €89,5 k €80,3 k €85,2 k €78,7 k €79,7 k €84,1 k €95,1 k €110,4 k €119,1 k €122,2 k €130,6 k €130,8 k €133,6 k €141,4 k €142,7 k €132,8 k €
Cash6,9 k €6,2 k €2,5 k €3,4 k €5,6 k €5,3 k €402,8 €539,5 €1,7 k €2,4 k €1,1 k €1,5 k €
Debts3,2 k €8,3 k €12,3 k €16,7 k €3,4 k €195,4 €145,3 €7,9 k €16,7 k €25,3 k €33,9 k €40 k €38,4 k €49,2 k €51,7 k €54,5 k €67,2 k €72,9 k €60,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 16 ended

Active mandates

Johan Rotsaert

Director · since 20 décembre 2021

Active

Ended mandates

Johan Rotsaert

Director · since 20 décembre 2021 · until 20 décembre 2027

Ended
Johan Rotsaert

Director · since 20 décembre 2021 · until 29 décembre 2027

Ended
Gaby Van Tittelboom

Director · since 29 décembre 2015 · until 29 décembre 2021

Ended
Johan Rotsaert

Managing director · since 29 décembre 2015 · until 29 décembre 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
0430.324.662
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/06/202606/06/202502/06/202431/05/202331/05/202201/06/2021
General meeting17/06/202610/05/202511/05/202413/05/202314/05/202202/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/06/202618/06/2026DutchPDF
Abridged model31/12/202410/05/202506/06/2025DutchPDF
Abridged model31/12/202311/05/202402/06/2024DutchPDF
Abridged model31/12/202213/05/202331/05/2023DutchPDF
Abridged model31/12/202114/05/202231/05/2022DutchPDF
Abridged model31/12/202002/05/202101/06/2021DutchPDF
Abridged model31/12/201918/05/202015/06/2020DutchPDF
Micro model31/12/201813/04/201918/04/2019DutchPDF
Micro model31/12/201731/05/201820/06/2018DutchPDF
Micro model31/12/201608/04/201726/04/2017DutchPDF
Abridged model31/12/201530/04/201609/05/2016DutchPDF
Abridged model31/12/201411/04/201508/05/2015DutchPDF
Abridged model31/12/201328/06/201411/07/2014DutchPDF
Abridged model31/12/201228/09/201330/09/2013DutchPDF
Abridged model31/12/201130/06/201220/07/2012DutchPDF
Abridged model31/12/201009/04/201109/05/2011DutchPDF
Abridged model31/12/200928/06/201013/07/2010DutchPDF
Abridged model31/12/200827/07/200926/08/2009DutchPDF
Abridged model31/12/200731/05/200817/06/2008DutchPDF
Abridged model31/12/200614/04/200707/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 16 ended

Active mandates

Johan Rotsaert

Director · since 20 décembre 2021

Active

Ended mandates

Johan Rotsaert

Director · since 20 décembre 2021 · until 20 décembre 2027

Ended
Johan Rotsaert

Director · since 20 décembre 2021 · until 29 décembre 2027

Ended
Gaby Van Tittelboom

Director · since 29 décembre 2015 · until 29 décembre 2021

Ended
Johan Rotsaert

Managing director · since 29 décembre 2015 · until 29 décembre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/12/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates24/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/01/2014
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/10/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2007
    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

Timeline

  1. 2025
    Annual accounts 20253,3 k €
  2. 2024
    Annual accounts 20243,7 k €
  3. 2023
    Annual accounts 20232,7 k €
  4. 2022
    Annual accounts 2022-2,3 k €
  5. 2021
    Annual accounts 2021-4,5 k €
  6. 2019
    Annual accounts 20196,5 k €
  7. 2018
    Annual accounts 20186,7 k €
  8. 2017
    Annual accounts 20174,4 k €
  9. 2016
    Annual accounts 2016-2,4 k €
  10. 2015
    Annual accounts 2015-6,7 k €
  11. 2014
    Annual accounts 2014-2,6 k €
  12. 2013
    Annual accounts 2013-4,7 k €
  13. 2012
    Annual accounts 20122,5 k €
  14. 2011
    Annual accounts 20112,3 k €
  15. 2010
    Annual accounts 201070 €
  16. 2009
    Annual accounts 20094,8 k €
  17. 2008
    Annual accounts 20084,5 k €
  18. 2007
    Annual accounts 2007-1,6 k €
  19. 2006
    Annual accounts 20064 k €
  20. 06/07/1992
    IncorporationPublic limited company