ACTIVE

TEGEL CONCEPT

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Financial year 2025 · closed on 31/12/2025

Net result

42,8 k €

-46.2% YoY

Gross margin

1,3 M €

-1.3% YoY

Equity

1,4 M €

+3.3% YoY

Workforce

23,8 ETP

+77.6% YoY

What does TEGEL CONCEPT do?

TEGEL CONCEPT is a Private limited company incorporated in 1992. Its registered office is in Huldenberg. It employs on average 23,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.603.917

Incorporation

06/11/1992

Legal form

Private limited company

Registered office

Onderbosstraat(SAR) 27
3040 Huldenberg · FlandreSee on map

Contributed capital

268 170,71 €

Latest accounts

31/12/2025

Average workforce

23,8 ETP

Joint committees (4)

124
1240
201
2010

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,3 M €	-1.3%	1,3 M €	+2.0%	1,3 M €	-28.1%	1,8 M €	+49.0%	1,2 M €	+17.5%	1 M €	-2.0%	1 M €	+17.6%	870,8 k €	-7.1%	937,6 k €	+7.2%	874,6 k €	+2.9%	849,6 k €	-1.5%	862,9 k €	+18.2%	730,3 k €	+0.5%	726,3 k €	-6.1%	773,4 k €	+2.5%	754,5 k €	+29.0%	584,7 k €	+10.5%	529,3 k €	+23.0%	430,3 k €
EBITDA	287,4 k €	-1.6%	292 k €	-4.4%	305,4 k €	-61.7%	796,8 k €	+162%	304,5 k €	+2.6%	296,8 k €	+30.5%	227,4 k €	-22.4%	293,1 k €	-2.7%	301,2 k €	-4.3%	314,6 k €	+12.6%	279,4 k €	-20.2%	349,9 k €	+77.2%	197,5 k €	-30.3%	283,4 k €	+7.6%	263,4 k €	-7.2%	284 k €	+23.7%	229,5 k €	-20.1%	287,1 k €	+42.3%	201,8 k €
Operating result	101,2 k €	-31.1%	146,9 k €	-11.2%	165,4 k €	-75.2%	667,8 k €	+581%	98,1 k €	-28.9%	137,9 k €	+116%	63,9 k €	-40.5%	107,3 k €	+66.8%	64,3 k €	-16.8%	77,3 k €	+0.6%	76,8 k €	-28.6%	107,6 k €	+2808%	3,7 k €	-95.8%	88,8 k €	+1.9%	87,2 k €	+7.0%	81,5 k €	+219%	25,5 k €	-65.7%	74,4 k €	-10.1%	82,7 k €
Net result	42,8 k €	-46.2%	79,6 k €	-13.6%	92,2 k €	-81.4%	496,4 k €	+3496%	13,8 k €	-32.4%	20,4 k €	+7440%	270,7 €	-14.6%	317,1 €	+103%	-10,2 k €	+8.4%	-11,1 k €	-144%	25,4 k €	+16.4%	21,8 k €	+131%	-71,2 k €	-898%	8,9 k €	-73.0%	33,1 k €	+575%	4,9 k €	+208%	1,6 k €	-89.7%	15,5 k €	-49.7%	30,8 k €
Balance sheet
Equity	1,4 M €	+3.3%	1,3 M €	+44.5%	910,2 k €	+11.3%	818 k €	+54.5%	529,5 k €	+43.5%	369,1 k €	+5.9%	348,7 k €	+0.1%	348,4 k €	+0.1%	348,1 k €	-2.8%	358,3 k €	-3.0%	369,4 k €	+7.4%	344 k €	+6.8%	322,2 k €	-18.1%	393,4 k €	+2.3%	384,5 k €	+9.4%	351,4 k €	+1.4%	346,5 k €	+139%	144,9 k €	+12.0%	129,4 k €
Total assets	3,3 M €	-5.7%	3,5 M €	+30.8%	2,7 M €	-20.8%	3,4 M €	-13.4%	3,9 M €	+14.6%	3,4 M €	+6.6%	3,2 M €	-1.1%	3,2 M €	-9.6%	3,6 M €	+2.8%	3,5 M €	-5.9%	3,7 M €	-6.0%	3,9 M €	+14.6%	3,4 M €	+3.7%	3,3 M €	+33.3%	2,5 M €	-2.7%	2,5 M €	-3.0%	2,6 M €	-5.8%	2,8 M €	+9.2%	2,6 M €
Cash	97,7 k €	+12.9%	86,5 k €	-18.7%	106,4 k €	-62.8%	286,1 k €	+109%	136,8 k €	-39.7%	227,1 k €	+34.9%	168,4 k €	+88.6%	89,3 k €	-39.7%	148,1 k €	+22.1%	121,3 k €	-42.7%	211,8 k €	+544%	32,9 k €	-69.6%	108,3 k €	+518%	17,5 k €	+334%	4 k €	-83.7%	24,8 k €	+401%	5 k €	-84.5%	31,9 k €	-65.3%	92 k €
Debts	1,9 M €	-10.6%	2,2 M €	+23.7%	1,8 M €	-31.5%	2,6 M €	-23.3%	3,3 M €	+10.2%	3 M €	+6.5%	2,8 M €	+2.2%	2,8 M €	-11.7%	3,1 M €	+3.1%	3,1 M €	-6.7%	3,3 M €	-7.1%	3,5 M €	+15.0%	3,1 M €	+7.2%	2,9 M €	+38.1%	2,1 M €	-4.6%	2,2 M €	-3.4%	2,2 M €	-14.5%	2,6 M €	+9.1%	2,4 M €
Other
Workforce	23,8 ETP	+77.6%	13,4 ETP	-5.0%	14,1 ETP	-4.7%	14,8 ETP	-5.7%	15,7 ETP	+10.6%	14,2 ETP	+10.1%	12,9 ETP	+2.4%	12,6 ETP	-16.0%	15,0 ETP	+3.4%	14,5 ETP	+2.1%	14,2 ETP	+13.6%	12,5 ETP	+7.8%	11,6 ETP	+2.7%	11,3 ETP	-8.9%	12,4 ETP	+11.7%	11,1 ETP	-2.6%	11,4 ETP	+72.7%	6,6 ETP	+20.0%	5,5 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 31/12/2025 · 2 active · 6 ended

Active mandates

BIEZONDER

Director · since 04 juillet 2022 · 0738.881.563

Represented by Bie Vanpee

Active

Project Materials

Director · since 04 juillet 2022 · 0839.306.257

Represented by Ben Vanpee

Active

Ended mandates

BIEZONDER

Director · since 04 juillet 2022 · 0738.881.563

Represented by Bie VANPEE

Ended

Project Materials

Director · since 04 juillet 2022 · 0839.306.257

Represented by Ben VANPEE

Ended

Ben Vanpee

Director · since 18 novembre 1992 · until 03 juillet 2022

Ended

Ben Vanpee

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Covering Concept● Active	0827.603.010
EIGEN HUISJE● Active	0463.226.072
Project Materials● Active	0839.306.257
REVOIR PARIS● Active	0658.742.539

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	22/07/2026	25/07/2025	30/06/2024	27/06/2023	22/07/2022	27/08/2021
General meeting	25/06/2026	19/06/2025	26/04/2024	02/06/2023	03/06/2022	04/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	19/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	26/04/2024	30/06/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	22/07/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	27/08/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	17/08/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	22/06/2018	11/07/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	16/08/2007	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 31/12/2025 · 2 active · 6 ended

Active mandates

BIEZONDER

Director · since 04 juillet 2022 · 0738.881.563

Represented by Bie Vanpee

Active

Project Materials

Director · since 04 juillet 2022 · 0839.306.257

Represented by Ben Vanpee

Active

Ended mandates

BIEZONDER

Director · since 04 juillet 2022 · 0738.881.563

Represented by Bie VANPEE

Ended

Project Materials

Director · since 04 juillet 2022 · 0839.306.257

Represented by Ben VANPEE

Ended

Ben Vanpee

Director · since 18 novembre 1992 · until 03 juillet 2022

Ended

Ben Vanpee

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ALGEMENE VERGADERING
PDF
Mandates20/04/2023
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office28/06/2019
MAATSCHAPPELIJKE ZETEL
PDF
Registered office12/05/2015
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares08/04/2008
KAPITAAL - AANDELEN
PDF
Restructuring16/12/2004
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring06/10/2004
DIVERSEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares13/10/2003
BENAMING - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202542,8 k €↓
2024
Annual accounts 202479,6 k €↓
2023
Annual accounts 202392,2 k €↓
2022
Annual accounts 2022496,4 k €↑
2021
Annual accounts 202113,8 k €↓
2019
Annual accounts 201920,4 k €↑
2018
Annual accounts 2018270,7 €↓
2017
Annual accounts 2017317,1 €↑
2016
Annual accounts 2016-10,2 k €↑
2015
Annual accounts 2015-11,1 k €↓
2014
Annual accounts 201425,4 k €↑
2013
Annual accounts 201321,8 k €↑
2012
Annual accounts 2012-71,2 k €↓
2011
Annual accounts 20118,9 k €↓
2010
Annual accounts 201033,1 k €↑
2009
Annual accounts 20094,9 k €↑
2008
Annual accounts 20081,6 k €↓
2007
Annual accounts 200715,5 k €↓
2006
Annual accounts 200630,8 k €
06/11/1992
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

TEGEL CONCEPT

Overview

What does TEGEL CONCEPT 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