ACTIVE

Teans

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Financial year 2025 · closed on 31/12/2025

Net result

2,6 M €

-33.8% YoY

Gross margin

3,8 M €

-29.3% YoY

Equity

11,5 M €

-34.1% YoY

Workforce

0,8 ETP

-11.1% YoY

What does Teans do?

Teans is a Public limited company incorporated in 1996. Its registered office is in Kortrijk. It employs on average 0,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.701.815

Incorporation

29/08/1996

Legal form

Public limited company

Registered office

Wolvenstraat(Kor) 23
8500 Kortrijk · FlandreSee on map

Contributed capital

184 500,00 €

Latest accounts

31/12/2025

Average workforce

0,8 ETP

Joint committees (3)

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 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	3,8 M €	-29.3%	5,3 M €	-42.1%	9,2 M €	-21.1%	11,7 M €	+37.6%	8,5 M €	+45.2%	5,8 M €	+16.6%	5,0 M €	+23.2%	4,1 M €		–		–		–		–		–		–		848,9 k €	-53.3%	1,8 M €	+1.5%	1,8 M €
EBITDA	3,6 M €	-29.6%	5,2 M €	-42.4%	9,0 M €	-21.0%	11,4 M €	+37.0%	8,3 M €	+45.1%	5,7 M €	+17.9%	4,9 M €	+24.5%	3,9 M €	+18.0%	3,3 M €	+29.0%	2,6 M €	+9.7%	2,3 M €	+9.4%	2,1 M €	-0.5%	2,1 M €	+27.1%	1,7 M €	+225%	519,3 k €	-65.0%	1,5 M €	+0.7%	1,5 M €
Operating result	3,4 M €	-31.4%	5,0 M €	-43.5%	8,8 M €	-21.6%	11,2 M €	+39.7%	8,0 M €	+47.1%	5,5 M €	+18.4%	4,6 M €	+26.7%	3,6 M €	+20.4%	3,0 M €	+30.7%	2,3 M €	+10.9%	2,1 M €	+19.9%	1,7 M €	-8.9%	1,9 M €	+29.8%	1,5 M €	+340%	334,4 k €	-74.9%	1,3 M €	-4.4%	1,4 M €
Net result	2,6 M €	-33.8%	3,9 M €	-42.8%	6,8 M €	-22.1%	8,7 M €	+38.8%	6,3 M €	+69.0%	3,7 M €	+19.9%	3,1 M €	+25.3%	2,5 M €	+35.0%	1,8 M €	+37.3%	1,3 M €	+2.7%	1,3 M €	+57.0%	824,5 k €	-27.9%	1,1 M €	+50.3%	760,6 k €	+2494%	29,3 k €	-95.6%	669,0 k €	-21.2%	848,9 k €
Balance sheet
Equity	11,5 M €	-34.1%	17,4 M €	+28.6%	13,5 M €	-6.1%	14,4 M €	+1.1%	14,3 M €	+13.6%	12,5 M €	+41.8%	8,8 M €	+41.3%	6,3 M €	-15.4%	7,4 M €	+32.7%	5,6 M €	+31.3%	4,2 M €	+31.2%	3,2 M €	+21.6%	2,7 M €	+50.5%	1,8 M €	+75.4%	1,0 M €	+3.0%	979,8 k €	+51.8%	645,3 k €
Total assets	13,2 M €	-29.1%	18,6 M €	-17.4%	22,5 M €	-8.2%	24,5 M €	+14.5%	21,4 M €	+17.6%	18,2 M €	+29.4%	14,1 M €	-8.6%	15,4 M €	+13.5%	13,6 M €	+33.5%	10,2 M €	+4.7%	9,7 M €	+5.8%	9,2 M €	+7.8%	8,5 M €	+13.3%	7,5 M €	+0.3%	7,5 M €	+5.5%	7,1 M €	+65.1%	4,3 M €
Cash	820,3 k €	-23.0%	1,1 M €	-75.6%	4,4 M €	-50.5%	8,8 M €	+65.4%	5,3 M €	-46.9%	10,1 M €	+69.1%	5,9 M €	-21.9%	7,6 M €	+174%	2,8 M €	+43.6%	1,9 M €	+749%	228,5 k €	-34.4%	348,4 k €	+31155%	1,1 k €	-98.8%	92,7 k €	-8.3%	101,1 k €	+1356%	6,9 k €	+118%	3,2 k €
Debts	1,2 M €	+77.9%	695,8 k €	-92.0%	8,7 M €	-11.4%	9,8 M €	+42.9%	6,8 M €	+21.1%	5,6 M €	+8.4%	5,2 M €	-42.8%	9,1 M €	+48.2%	6,1 M €	+34.1%	4,6 M €	-16.0%	5,5 M €	-8.0%	5,9 M €	+1.5%	5,8 M €	+1.8%	5,7 M €	-11.4%	6,5 M €	+5.9%	6,1 M €	+67.4%	3,7 M €
Other
Workforce	0,8 ETP	-11.1%	0,9 ETP	-50.0%	1,8 ETP	0.0%	1,8 ETP	+12.5%	1,6 ETP	+6.7%	1,5 ETP	-16.7%	1,8 ETP	-33.3%	2,7 ETP	+17.4%	2,3 ETP	+76.9%	1,3 ETP	-35.0%	2,0 ETP	-31.0%	2,9 ETP	-3.3%	3,0 ETP	0.0%	3,0 ETP	-25.0%	4,0 ETP	0.0%	4,0 ETP	-9.1%	4,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

WALK WITH US

Director · since 03 novembre 2025 · until 21 juin 2030 · 0804.020.726

Represented by Andres Sanders

Active

Liv

Director · since 25 septembre 2024 · until 03 novembre 2025 · 0648.706.603

Represented by Bram Decroix

Active

Ended mandates

Liv

Director · since 25 septembre 2024 · until 21 juin 2030 · 0648.706.603

Represented by Bram Decroix

Ended

Elodie Seys

Director · since 31 mars 2020

Ended

Eva Seys

Manager · since 01 janvier 2015

Ended

Elodie Seys

Mandate

Ended

At this address

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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	15/07/2026	17/07/2025	18/07/2024	10/07/2023	04/07/2022	14/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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	19/06/2026	15/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	18/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	10/07/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	04/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	14/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	02/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	11/07/2018	Dutch	PDF
Abridged model	31/12/2016	22/06/2017	20/07/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	13/07/2016	Dutch	PDF
Full model	31/12/2014	10/07/2015	27/07/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	18/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	22/07/2013	Dutch	PDF
Full model	31/12/2011	19/10/2012	29/10/2012	Dutch	PDF
Full model	31/12/2010	22/08/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/09/2010	24/09/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	20/07/2009	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	16/03/2007	16/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 9 ended

Active mandates

WALK WITH US

Director · since 03 novembre 2025 · until 21 juin 2030 · 0804.020.726

Represented by Andres Sanders

Active

Liv

Director · since 25 septembre 2024 · until 03 novembre 2025 · 0648.706.603

Represented by Bram Decroix

Active

Ended mandates

Liv

Director · since 25 septembre 2024 · until 21 juin 2030 · 0648.706.603

Represented by Bram Decroix

Ended

Elodie Seys

Director · since 31 mars 2020

Ended

Eva Seys

Manager · since 01 janvier 2015

Ended

Elodie Seys

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring12/01/2022
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring10/11/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates21/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/09/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/04/2020
BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
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 20252,6 M €↓
2024
Annual accounts 20243,9 M €↓
2023
Annual accounts 20236,8 M €↓
2022
Annual accounts 20228,7 M €↑
2021
Annual accounts 20216,3 M €↑
2019
Name changeTeans
2018
Annual accounts 20183,7 M €↑
2017
Annual accounts 20173,1 M €↑
2016
Annual accounts 20162,5 M €↑
2015
Annual accounts 20151,8 M €↑
2014
Annual accounts 20141,3 M €↑
2013
Annual accounts 20131,3 M €↑
2012
Annual accounts 2012824,5 k €↓
2011
Annual accounts 20111,1 M €↑
2010
Annual accounts 2010760,6 k €↑
2009
Annual accounts 200929,3 k €↓
2008
Annual accounts 2008669,0 k €↓
2007
Annual accounts 2007848,9 k €
2007
Name changeELKOVAS
29/08/1996
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

Teans

Overview

What does Teans do?

Trend over 17 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