ACTIVE

TYTGAT

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Financial year 2025 · closed on 31/12/2025

Net result

365,3 k €

-52.6% YoY

Gross margin

326,1 k €

-65.8% YoY

Equity

2,3 M €

-2.0% YoY

Workforce

0,0 ETP

What does TYTGAT do?

TYTGAT is a Private limited company incorporated in 1993. Its main activity is: Activities of holding companies. Its registered office is in Mol.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.408.126

Incorporation

16/02/1993

Legal form

Private limited company

Registered office

Markt 23
2400 Mol · FlandreSee on map

Contributed capital

531 616,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 65234Reinsurance

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	326,1 k €	-65.8%	954,2 k €	+231%	288,4 k €	+161%	110,4 k €	-59.2%	270,3 k €	+121%	122,5 k €	-0.5%	123,1 k €	+0.5%	122,4 k €	+1.9%	120,1 k €	+20.0%	100,1 k €	+34.4%	74,5 k €	-10.5%	83,3 k €	-9.9%	92,4 k €	-2.4%	94,6 k €	+3.6%	91,3 k €	+30.6%	69,9 k €	+8.3%	64,5 k €	-16.1%	77 k €
EBITDA	239,7 k €	-74.6%	945,2 k €	+236%	281,5 k €	+158%	109 k €	-59.5%	268,8 k €	+122%	121,2 k €	-0.1%	121,3 k €	+0.7%	120,5 k €	+2.1%	118 k €	+31.4%	89,8 k €	+24.6%	72,1 k €	-9.6%	79,7 k €	-12.1%	90,7 k €	-1.0%	91,6 k €	+2.0%	89,9 k €	+31.4%	68,4 k €	+8.5%	63 k €	-16.6%	75,6 k €
Operating result	138,7 k €	-84.2%	875,8 k €	+306%	215,9 k €	+133%	92,8 k €	-65.1%	265,8 k €	+119%	121,2 k €	-0.1%	121,3 k €	+10.5%	109,8 k €	+3.1%	106,5 k €	+37.1%	77,7 k €	+45.2%	53,5 k €	-10.7%	59,9 k €	-15.0%	70,5 k €	-4.7%	74 k €	-3.8%	76,9 k €	+32.4%	58,1 k €	+1.2%	57,4 k €	-11.0%	64,5 k €
Net result	365,3 k €	-52.6%	770,9 k €	+462%	137 k €	+198%	46 k €	-78.9%	218,3 k €	+151%	87,1 k €	-78.9%	412,5 k €	+537%	64,7 k €	-63.4%	176,8 k €	+632%	24,1 k €	-81.1%	127,5 k €	+325%	30 k €	-37.2%	47,8 k €	+1.7%	47 k €	+7.8%	43,6 k €	-37.7%	70 k €	-13.2%	80,6 k €	+95.0%	41,3 k €
Balance sheet
Equity	2,3 M €	-2.0%	2,4 M €	+9.5%	2,2 M €	+90.1%	1,1 M €	-4.6%	1,2 M €	+18.4%	1 M €	+9.4%	922,2 k €	-18.4%	1,1 M €	+6.1%	1,1 M €	+19.9%	888,3 k €	+2.8%	864,2 k €	+6.2%	814,1 k €	+3.5%	786,5 k €	+6.1%	741,1 k €	+6.4%	696,5 k €	+6.3%	655,3 k €	+11.5%	587,7 k €	+15.3%	509,6 k €
Total assets	3,6 M €	-11.0%	4,1 M €	+15.1%	3,5 M €	+41.5%	2,5 M €	+11.6%	2,2 M €	+7.1%	2,1 M €	-5.5%	2,2 M €	+24.9%	1,8 M €	-3.0%	1,8 M €	+0.1%	1,8 M €	+62.4%	1,1 M €	-1.1%	1,1 M €	-0.4%	1,1 M €	+0.8%	1,1 M €	+2.6%	1,1 M €	+0.3%	1,1 M €	+1.0%	1,1 M €	+13.7%	953,3 k €
Cash	9,1 k €	-98.8%	755,1 k €	+1995%	36 k €	+0.8%	35,8 k €	-75.1%	143,9 k €	+165%	54,2 k €	+418%	10,5 k €	-38.7%	17,1 k €	-68.1%	53,5 k €	+29.2%	41,4 k €	+14.6%	36,1 k €	+14.4%	31,6 k €	-5.7%	33,5 k €	-1.5%	34 k €	+29.2%	26,3 k €	+49.1%	17,6 k €	+4.7%	16,8 k €	-58.9%	40,9 k €
Debts	1,3 M €	-24.7%	1,7 M €	+24.4%	1,4 M €	+1.0%	1,3 M €	+29.7%	1 M €	-3.4%	1,1 M €	-15.9%	1,3 M €	+107%	614,9 k €	-16.2%	733,8 k €	-19.4%	910,5 k €	+259%	253,4 k €	-18.4%	310,6 k €	-9.7%	344 k €	-9.5%	379,9 k €	-3.5%	393,7 k €	-9.0%	432,9 k €	-12.0%	492 k €	+11.2%	442,5 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Katelijn Tytgat

Director

Active

Wim De Munck

Director

Active

Ended mandates

Kathleen Tytgat

Manager

Ended

Willem De Munck

Manager

Ended

Wim De Munck

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
COBRA APOTHEEK● Active	0404.213.648
COBRA APOTHEEK CENTRUM● Active	0439.260.144
Cobra Apotheek Rosselaar● Active	0838.525.012
Flying Penguin● Active	0698.791.364

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	27/07/2026	04/07/2025	20/06/2024	31/07/2023	05/05/2022	26/07/2021
General meeting	28/05/2026	30/05/2025	14/06/2024	25/05/2023	03/05/2022	30/06/2021
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	28/05/2026	27/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	04/07/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	20/06/2024	Dutch	PDF
Abridged model	31/12/2022	25/05/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	03/05/2022	05/05/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	26/07/2021	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	25/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	13/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	26/05/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	29/05/2015	Dutch	PDF
Abridged model	31/12/2013	29/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	03/06/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	27/05/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	29/05/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	30/05/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	04/06/2007	Dutch	PDF

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.

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 · 3 ended

Active mandates

Katelijn Tytgat

Director

Active

Wim De Munck

Director

Active

Ended mandates

Kathleen Tytgat

Manager

Ended

Willem De Munck

Manager

Ended

Wim De Munck

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares11/08/2023
KAPITAAL - AANDELEN
PDF
Restructuring26/01/2023
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring14/11/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates06/07/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares19/01/2018
KAPITAAL - AANDELEN
PDF
Capital / shares07/01/2014
KAPITAAL - AANDELEN
PDF
Mandates25/01/2007
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - 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

2025
Annual accounts 2025365,3 k €↓
2024
Annual accounts 2024770,9 k €↑
2023
Annual accounts 2023137 k €↑
2021
Annual accounts 202146 k €↓
2019
Annual accounts 2019218,3 k €↑
2018
Annual accounts 201887,1 k €↓
2017
Annual accounts 2017412,5 k €↑
2016
Annual accounts 201664,7 k €↓
2015
Annual accounts 2015176,8 k €↑
2014
Annual accounts 201424,1 k €↓
2013
Annual accounts 2013127,5 k €↑
2012
Annual accounts 201230 k €↓
2011
Annual accounts 201147,8 k €↑
2010
Annual accounts 201047 k €↑
2009
Annual accounts 200943,6 k €↓
2008
Annual accounts 200870 k €↓
2007
Annual accounts 200780,6 k €↑
2006
Annual accounts 200641,3 k €
16/02/1993
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

TYTGAT

Overview

What does TYTGAT do?

Trend over 18 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