ACTIVE

TISCOTEX

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Financial year 2025 · closed on 31/12/2025

Net result

295,4 k €

-53.8% YoY

Gross margin

1,6 M €

-4.1% YoY

Equity

3,3 M €

+9.8% YoY

What does TISCOTEX do?

TISCOTEX is a Public limited company incorporated in 1994. Its registered office is in Hamme (Vl.).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.413.542

Incorporation

01/04/1994

Legal form

Public limited company

Registered office

Zwaarveld 33
9220 Hamme (Vl.) · FlandreSee on map

Contributed capital

1 035 000,00 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,6 M €	-4.1%	1,7 M €	-5.7%	1,8 M €	-1.4%	1,8 M €	+5.3%	1,7 M €	+20.5%	1,4 M €	-14.8%	1,7 M €	-3.2%	1,7 M €	-0.4%	1,7 M €	+2.0%	1,7 M €	-1.6%	1,7 M €	+15.1%	1,5 M €	+11.5%	1,3 M €	+0.6%	1,3 M €	-10.9%	1,5 M €	+23.6%	1,2 M €	+20.3%	1 M €	-33.1%	1,5 M €	+0.2%	1,5 M €	+1.0%	1,5 M €
EBITDA	492,2 k €	+27.2%	386,8 k €	-26.6%	527 k €	-5.7%	558,7 k €	-1.8%	568,8 k €	+70.4%	333,7 k €	-7.8%	362,1 k €	-7.7%	392,3 k €	-13.1%	451,6 k €	+13.8%	397 k €	-3.6%	411,9 k €	+20.1%	342,8 k €	+4.7%	327,4 k €	-20.8%	413,4 k €	-10.7%	463,1 k €	+35.7%	341,3 k €	+333%	78,8 k €	-60.0%	197,2 k €	-8.1%	214,6 k €	-28.4%	299,9 k €
Operating result	231 k €	+99.1%	116,1 k €	-52.4%	243,8 k €	-0.8%	245,7 k €	-14.5%	287,3 k €	+281%	75,4 k €	+21.9%	61,8 k €	-36.8%	97,9 k €	-37.1%	155,6 k €	+22.8%	126,7 k €	-9.3%	139,8 k €	+35.9%	102,9 k €	-15.1%	121,2 k €	-25.4%	162,4 k €	-22.0%	208,2 k €	-0.0%	208,3 k €	+839%	-28,2 k €	-128%	101,3 k €	-28.0%	140,7 k €	-38.5%	228,9 k €
Net result	295,4 k €	-53.8%	639,7 k €	+32.8%	481,8 k €	+234%	144,3 k €	-26.3%	195,9 k €	+745%	23,2 k €	+136%	-63,9 k €	-374%	23,3 k €	-39.3%	38,4 k €	-23.2%	50 k €	+45.0%	34,5 k €	+101%	17,2 k €	-67.0%	52 k €	-1.0%	52,5 k €	-23.2%	68,3 k €	-39.7%	113,3 k €	+200%	-113,4 k €	-546%	25,4 k €	-68.8%	81,7 k €	-52.8%	173,1 k €
Balance sheet
Equity	3,3 M €	+9.8%	3 M €	-21.1%	3,8 M €	+14.5%	3,3 M €	+4.5%	3,2 M €	+7.3%	3 M €	+0.8%	2,9 M €	-1.0%	3 M €	+2.1%	2,9 M €	+19.7%	2,4 M €	+12.1%	2,2 M €	+0.8%	2,2 M €	+17.7%	1,8 M €	+2.9%	1,8 M €	+3.0%	1,7 M €	+4.1%	1,7 M €	+7.3%	1,5 M €	+134%	659,3 k €	+4.0%	633,9 k €	+14.8%	552,2 k €
Total assets	6,7 M €	-3.9%	7 M €	-9.6%	7,7 M €	+0.2%	7,7 M €	+0.5%	7,7 M €	+3.4%	7,4 M €	+5.4%	7 M €	-3.2%	7,3 M €	+15.2%	6,3 M €	+8.6%	5,8 M €	+9.4%	5,3 M €	-0.5%	5,3 M €	+2.0%	5,2 M €	+7.1%	4,9 M €	+1.4%	4,8 M €	+40.8%	3,4 M €	+7.0%	3,2 M €	+19.6%	2,7 M €	+11.9%	2,4 M €	+7.4%	2,2 M €
Cash	426,2 k €	+22.5%	348 k €	-27.3%	478,5 k €	+25.4%	381,5 k €	+13.3%	336,6 k €	-63.4%	918,7 k €	+188%	318,5 k €	-34.6%	487,1 k €	-44.9%	884,2 k €	+41.7%	623,8 k €	+493%	105,3 k €	-66.9%	317,9 k €	+31.4%	241,9 k €	-50.3%	486,4 k €	+168%	181,2 k €	-36.3%	284,4 k €	-29.9%	405,7 k €	+132%	175 k €	+82.3%	96 k €	-39.8%	159,4 k €
Debts	3,3 M €	-15.6%	3,9 M €	-0.4%	3,9 M €	-8.4%	4,2 M €	+0.3%	4,2 M €	+0.3%	4,2 M €	+5.1%	4 M €	-5.5%	4,2 M €	+27.4%	3,3 M €	+0.3%	3,3 M €	+8.1%	3,1 M €	-1.5%	3,1 M €	-3.2%	3,2 M €	+3.8%	3,1 M €	+0.8%	3,1 M €	+74.2%	1,8 M €	+6.4%	1,7 M €	-17.7%	2 M €	+14.5%	1,8 M €	+4.9%	1,7 M €
Other
Workforce	–		–		–		36,0 ETP	-5.3%	38,0 ETP	+2.7%	37,0 ETP	+1.4%	36,5 ETP	0.0%	36,5 ETP	0.0%	36,5 ETP	-2.7%	37,5 ETP	0.0%	37,5 ETP	+11.9%	33,5 ETP	+6.3%	31,5 ETP	+3.3%	30,5 ETP	0.0%	30,5 ETP	+0.3%	30,4 ETP	-14.4%	35,5 ETP	-17.8%	43,2 ETP	+5.6%	40,9 ETP	+0.5%	40,7 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 · 24 ended

Active mandates

FILIP VERCAUTEREN

Director · since 01 juin 2023 · until 01 juin 2029

Active

NINA CHRISTIAEN

Director · since 01 juin 2023 · until 01 juin 2029

Active

Ended mandates

FILIP VERCAUTEREN

Managing director · since 01 juin 2023 · until 31 mai 2029

Ended

NINA CHRISTIAEN

Managing director · since 01 juin 2023 · until 31 mai 2029

Ended

NINA CHRISTIAEN

Director · since 07 mai 2018 · until 07 mai 2024

Ended

NINA CHRISTIAEN

Director · since 07 mai 2018

Ended

At this address

Other companies at this address

Company	CBE no.
METALTIS● Active	0534.552.845
TISCO● Active	0405.055.865

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro 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	14/08/2026	28/08/2025	22/08/2024	18/08/2023	08/08/2022	31/08/2021
General meeting	04/06/2026	02/06/2025	05/06/2024	05/06/2023	07/06/2022	21/06/2021
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
Micro model	31/12/2025	04/06/2026	14/08/2026	Dutch	PDF
Micro model	31/12/2024	02/06/2025	28/08/2025	Dutch	PDF
Micro model	31/12/2023	05/06/2024	22/08/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	18/08/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	08/08/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	01/07/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	24/06/2019	20/08/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	07/09/2018	Dutch	PDF
Abridged model	31/12/2016	05/06/2017	23/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	07/05/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	31/08/2014	Dutch	PDF
Abridged model	31/12/2012	12/06/2013	19/08/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	10/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	10/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	26/06/2007	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 · 24 ended

Active mandates

FILIP VERCAUTEREN

Director · since 01 juin 2023 · until 01 juin 2029

Active

NINA CHRISTIAEN

Director · since 01 juin 2023 · until 01 juin 2029

Active

Ended mandates

FILIP VERCAUTEREN

Managing director · since 01 juin 2023 · until 31 mai 2029

Ended

NINA CHRISTIAEN

Managing director · since 01 juin 2023 · until 31 mai 2029

Ended

NINA CHRISTIAEN

Director · since 07 mai 2018 · until 07 mai 2024

Ended

NINA CHRISTIAEN

Director · since 07 mai 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares17/11/2025
KAPITAAL - AANDELEN
PDF
Capital / shares19/06/2024
KAPITAAL - AANDELEN
PDF
Mandates05/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/11/2009
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 2025295,4 k €↓
2024
Annual accounts 2024639,7 k €↑
2023
Annual accounts 2023481,8 k €↑
2022
Annual accounts 2022144,3 k €↓
2021
Annual accounts 2021195,9 k €↑
2020
Annual accounts 202023,2 k €↑
2019
Annual accounts 2019-63,9 k €↓
2018
Annual accounts 201823,3 k €↓
2017
Annual accounts 201738,4 k €↓
2016
Annual accounts 201650 k €↑
2015
Annual accounts 201534,5 k €↑
2014
Annual accounts 201417,2 k €↓
2013
Annual accounts 201352 k €↓
2012
Annual accounts 201252,5 k €↓
2011
Annual accounts 201168,3 k €↓
2010
Annual accounts 2010113,3 k €↑
2009
Annual accounts 2009-113,4 k €↓
2008
Annual accounts 200825,4 k €↓
2007
Annual accounts 200781,7 k €↓
2006
Annual accounts 2006173,1 k €
01/04/1994
IncorporationPublic 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

TISCOTEX

Overview

What does TISCOTEX do?

Trend over 20 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