ACTIVE

Tungsten Automation Benelux

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Financial year 2024 · Closed on 31/12/2024

Net result1 M €+12,3 %over 1 year
Revenue28,2 M €-1,2 %over 1 year
Equity12,5 M €+9,1 %over 1 year
Workforce7,6 ETP-20,8 %over 1 year

Identity

Source · BCE/KBO

Tungsten Automation Benelux is a Public limited company incorporated in 1993. Its registered office is in Gent. It employs on average 7,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.779.496
Incorporation
01/04/1993
Legal form
Public limited company
Registered office
Ottergemsesteenweg-Zuid 808 box 378
9000 Gent · FlandreSee on map
Contributed capital
199 000,00 €
Latest accounts
31/12/2024
Average workforce
7,6 ETP
Joint committees (6)
  • 14904
  • 200
  • 2000
  • 201
  • 2010
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 19 filings

Trend over 16 financial years

20242023202220212020
Income statement
Revenue28,2 M €28,6 M €28,4 M €27,4 M €28,8 M €
EBITDA877,3 k €1,1 M €735,6 k €856,2 k €1,4 M €
Operating result849,5 k €686,3 k €351 k €452,2 k €987,7 k €
Net result1 M €924,5 k €741,9 k €877 k €1,3 M €
Balance sheet
Equity12,5 M €11,5 M €10,5 M €9,8 M €8,9 M €
Total assets43,4 M €38,9 M €29,3 M €33 M €32,2 M €
Cash51,8 €78,7 €200 €256 €256 €
Debts16 M €13,9 M €8 M €8,9 M €9,7 M €
Other
Workforce7,6 ETP9,6 ETP8,9 ETP8,5 ETP8,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 21 ended

Active mandates

Christian Hefner

Director · since 30 novembre 2020 · until 09 juin 2026

Active
Oberholzer Martin Gustav

Director · since 04 avril 2019 · until 14 janvier 2026

Active

Ended mandates

Christian Hefner

Director · since 30 novembre 2020 · until 10 juin 2025

Ended
Martin Gustav Oberholzer

Director · since 04 avril 2019 · until 10 juin 2025

Ended
Christian Hefner

Director · since 09 décembre 2014 · until 09 juin 2020

Ended
Christian Hefner

Director · since 09 décembre 2014 · until 30 novembre 2020

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/01/202605/03/202506/06/202415/12/202206/10/202107/12/2020
General meeting27/01/202622/01/202515/05/202404/11/202230/09/202130/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202427/01/202630/01/2026DutchPDF
Full model31/12/202322/01/202505/03/2025DutchPDF
Full model31/12/202215/05/202406/06/2024DutchPDF
Full model31/12/202104/11/202215/12/2022DutchPDF
Full model31/12/202030/09/202106/10/2021DutchPDF
Full model31/12/201930/11/202007/12/2020DutchPDF
Full model31/12/201827/09/201902/10/2019DutchPDF
Full model31/12/201727/09/201816/11/2018DutchPDF
Full model31/12/201627/09/201730/01/2018DutchPDF
Full model30/06/201518/03/201609/06/2016DutchPDF
Full model30/06/201409/12/201415/12/2014DutchPDF
Full model30/06/201310/12/201310/01/2014DutchPDF
Full model30/06/201219/04/201317/05/2013DutchPDF
Full model30/06/201116/10/201218/03/2013DutchPDF
Full model30/06/201025/05/201231/08/2012DutchPDF
Full model30/06/200916/05/201115/12/2011DutchPDF
Full model30/06/200815/02/201010/03/2010DutchPDF
Full model30/06/200715/02/201010/03/2010DutchPDF
Full model30/06/200612/12/200619/01/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 21 ended

Active mandates

Christian Hefner

Director · since 30 novembre 2020 · until 09 juin 2026

Active
Oberholzer Martin Gustav

Director · since 04 avril 2019 · until 14 janvier 2026

Active

Ended mandates

Christian Hefner

Director · since 30 novembre 2020 · until 10 juin 2025

Ended
Martin Gustav Oberholzer

Director · since 04 avril 2019 · until 10 juin 2025

Ended
Christian Hefner

Director · since 09 décembre 2014 · until 09 juin 2020

Ended
Christian Hefner

Director · since 09 décembre 2014 · until 30 novembre 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/11/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/01/2024
    BENAMING
    PDF
  • Mandates02/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/10/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other14/07/2016
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 06/02/2026
    reconductionForvis Mazars Bedrijfsrevisoren BV — commissaris
  2. 2024
    Annual accounts 20241 M €↑
  3. 2023
    Annual accounts 2023924,5 k €↑
  4. 2022
    Annual accounts 2022741,9 k €↓
  5. 04/11/2022
    reconductionMazars Bedrijfsrevisoren BV — commissaris
  6. 2022
    Name changeTungsten Automation Benelux
  7. 2021
    Annual accounts 2021877 k €↓
  8. 2021
    Name changeKOFAX BENELUX
  9. 2020
    Annual accounts 20201,3 M €↑
  10. 2019
    Annual accounts 2019803,9 k €↓
  11. 2018
    Annual accounts 2018856,2 k €↑
  12. 2017
    Annual accounts 2017810,5 k €↑
  13. 2014
    Annual accounts 2014180,8 k €↓
  14. 2013
    Annual accounts 2013197,5 k €↓
  15. 2012
    Annual accounts 2012198,5 k €↓
  16. 2011
    Annual accounts 2011259,5 k €↑
  17. 2010
    Annual accounts 2010-217,5 k €↑
  18. 2009
    Annual accounts 2009-591,6 k €↓
  19. 2008
    Annual accounts 2008438,5 k €↓
  20. 2007
    Annual accounts 2007690,3 k €
  21. 01/04/1993
    IncorporationPublic limited company