ACTIVE

TANDEM WOOD PRODUCTS

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Financial year 2025 · Closed on 31/12/2025

Net result360,3 k €+149,9 %over 1 year

Revenue23,4 M €+28,9 %over 1 year

Equity3 M €+5,3 %over 1 year

Workforce10,5 ETP+7,1 %over 1 year

Identity

Source · BCE/KBO

TANDEM WOOD PRODUCTS is a Public limited company incorporated in 1992. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Gavere. It employs on average 10,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0448.037.060
Incorporation: 25/08/1992
Legal form: Public limited company
Registered office: Kasteelstraat 9
9890 Gavere · FlandreSee on map
Contributed capital: 62 456,72 €
Latest accounts: 31/12/2025
Average workforce: 10,5 ETP

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16230Manufacture of other builders' carpentry and joinery 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 46732Wholesale of wood, construction materials and sanitary equipment 46832Wholesale trade, except of motor vehicles and motorcycles

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	23,4 M €	+28.9%	18,1 M €	-5.0%	19,1 M €	-27.6%	26,4 M €	+21.9%	21,6 M €
EBITDA	687,2 k €	+81.1%	379,5 k €	+75.0%	216,9 k €	-86.4%	1,6 M €	-31.1%	2,3 M €
Operating result	504 k €	+205%	165 k €	+3.9%	158,7 k €	-88.8%	1,4 M €	-30.3%	2 M €
Net result	360,3 k €	+150%	144,2 k €	+42.6%	101,1 k €	-90.7%	1,1 M €	-32.9%	1,6 M €
Balance sheet
Equity	3 M €	+5.3%	2,8 M €	-5.5%	3 M €	-3.2%	3,1 M €	+37.2%	2,3 M €
Total assets	8 M €	+16.1%	6,9 M €	+20.9%	5,7 M €	-26.4%	7,8 M €	+3.6%	7,5 M €
Cash	363,1 k €	+93.7%	187,4 k €	+1.9%	184 k €	-50.0%	368 k €	+136%	155,8 k €
Debts	5 M €	+23.8%	4,1 M €	+50.4%	2,7 M €	-41.3%	4,6 M €	-11.1%	5,2 M €
Other
Workforce	10,5 ETP	+7.1%	9,8 ETP	0.0%	9,8 ETP	+12.6%	8,7 ETP	+4.8%	8,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 28 ended

Active mandates

Delphine Nicolaï

Director · since 22 septembre 2025

Active

JONCKHEERE.WOOD

Director · since 16 juin 2020 · until 22 septembre 2025 · 0401.823.587

Represented by Philippe Jonckheere

Active

NICOVAST

Director · since 30 juin 2014 · 0890.901.052

Represented by PIERRE VAN STEENBERGE

Active

Ended mandates

JONCKHEERE.WOOD

Director · since 16 juin 2020 · 0401.823.587

Represented by Philippe Jonckheere

Ended

JONCKHEERE.WOOD

Director · since 16 juin 2020 · 0401.823.587

Represented by Philippe Jonckheere

Ended

NICOVAST

Director · since 16 juin 2020 · 0890.901.052

Represented by PIERRE VAN STEENBERGE

Ended

NICOVAST

Director · since 16 juin 2020 · 0890.901.052

Represented by PIERRE VAN STEENBERGE

Ended

Other companies at this address

Kasteelstraat 9 9890 Gavere

Company	CBE no.
DN SUPPLY● Active	0766.863.390
NICOVAST● Active	0890.901.052

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full 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	30/06/2026	02/07/2025	26/06/2024	31/08/2023	13/08/2022	14/07/2021
General meeting	30/06/2026	17/06/2025	18/06/2024	31/07/2023	21/06/2022	15/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	17/06/2025	02/07/2025	Dutch	PDF
Full model	31/12/2023	18/06/2024	26/06/2024	Dutch	PDF
Full model	31/12/2022	31/07/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	21/06/2022	13/08/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	14/07/2021	Dutch	PDF
Abridged model	31/12/2019	16/06/2020	11/07/2020	Dutch	PDF
Abridged model	31/12/2018	18/06/2019	17/07/2019	Dutch	PDF
Abridged model	31/12/2017	19/06/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	21/06/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	16/06/2015	01/07/2015	Dutch	PDF
Full model	31/12/2013	26/06/2014	29/08/2014	Dutch	PDF
Full model	31/12/2012	18/06/2013	04/07/2013	Dutch	PDF
Full model	31/12/2011	19/06/2012	22/08/2012	Dutch	PDF
Full model	31/12/2010	21/06/2011	30/06/2011	Dutch	PDF
Full model	31/12/2009	21/06/2010	22/07/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	01/07/2009	Dutch	PDF
Full model	31/12/2007	17/06/2008	15/07/2008	Dutch	PDF
Full model	31/12/2006	26/06/2007	28/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 28 ended

Active mandates

Delphine Nicolaï

Director · since 22 septembre 2025

Active

JONCKHEERE.WOOD

Director · since 16 juin 2020 · until 22 septembre 2025 · 0401.823.587

Represented by Philippe Jonckheere

Active

NICOVAST

Director · since 30 juin 2014 · 0890.901.052

Represented by PIERRE VAN STEENBERGE

Active

Ended mandates

JONCKHEERE.WOOD

Director · since 16 juin 2020 · 0401.823.587

Represented by Philippe Jonckheere

Ended

JONCKHEERE.WOOD

Director · since 16 juin 2020 · 0401.823.587

Represented by Philippe Jonckheere

Ended

NICOVAST

Director · since 16 juin 2020 · 0890.901.052

Represented by PIERRE VAN STEENBERGE

Ended

NICOVAST

Director · since 16 juin 2020 · 0890.901.052

Represented by PIERRE VAN STEENBERGE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2014
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025360,3 k €↑
2024
Annual accounts 2024144,2 k €↑
2023
Annual accounts 2023101,1 k €↓
2022
Annual accounts 20221,1 M €↓
2021
Annual accounts 20211,6 M €↑
2020
Annual accounts 2020179,4 k €↓
2019
Annual accounts 2019364,3 k €↑
2018
Annual accounts 2018151,5 k €↓
2017
Annual accounts 2017283,7 k €↑
2016
Annual accounts 2016146,6 k €↓
2015
Annual accounts 2015147,8 k €↑
2014
Annual accounts 201455,9 k €↑
2013
Annual accounts 2013-162,8 k €↑
2013
Name changeTANDEM WOOD PRODUCTS
2012
Annual accounts 2012-477,6 k €↓
2011
Annual accounts 201120,5 k €↑
2010
Annual accounts 20109,9 k €↓
2010
Name changeJONCKHEERE WOOD EVERGEM
2009
Annual accounts 2009223,7 k €↓
2008
Annual accounts 2008478,2 k €↑
2007
Annual accounts 2007188 k €↓
2006
Annual accounts 2006269,3 k €
2006
Name changeHanssens. Wood
25/08/1992
IncorporationPublic limited company

TANDEM WOOD PRODUCTS

Overview

Identity

Financials

Valuation

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

Timeline