ACTIVE

TAN

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Financial year 2025 · closed on 31/12/2025

Net result

29,2 k €

+33.8% YoY

Revenue

355,1 k €

+4.1% YoY

Equity

5,9 M €

+0.5% YoY

Workforce

0,5 ETP

0.0% YoY

What does TAN do?

TAN is a Public limited company incorporated in 1996. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Antwerpen. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.163.752

Incorporation

06/11/1996

Legal form

Public limited company

Registered office

Jan Van Rijswijcklaan 184
2020 Antwerpen · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

0,5 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 70321Activities of head offices; management consultancy activities 81100Combined facilities support activities 81100Combined facilities support activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Revenue	355,1 k €	+4.1%	341,2 k €	+1.8%	335 k €	-33.7%	505 k €	+83.6%	275 k €	+11.1%	247,5 k €	+0.8%	245,5 k €	+2.3%	240 k €	0.0%	240 k €	+33.3%	180 k €	+50.0%	120 k €	+33.3%	90 k €		–		–		–		3,1 k €	-81.8%	16,9 k €	-1.0%	17,1 k €	-43.6%	30,2 k €	-36.1%	47,3 k €
EBITDA	156,3 k €	+7.5%	145,4 k €	+43.7%	101,2 k €	-21.8%	129,3 k €	-13.2%	148,9 k €	+22.4%	121,7 k €	-3.7%	126,3 k €	+0.0%	126,3 k €	+6.9%	118,1 k €	+153%	46,6 k €	+393%	-15,9 k €	+95.8%	-382,4 k €	-99.6%	-191,5 k €	-113%	1,5 M €	+4.8%	1,4 M €	-28.8%	2 M €	+176%	734 k €	-25.1%	979,3 k €	-42.9%	1,7 M €	-2.9%	1,8 M €
Operating result	29,2 k €	+33.8%	21,8 k €	+199%	-22,2 k €	-465%	6,1 k €	-76.8%	26,2 k €	+30.0%	20,2 k €	-60.1%	50,5 k €	+0.5%	50,3 k €	-0.6%	50,6 k €	+547%	-11,3 k €	+83.7%	-69,5 k €	+83.8%	-429,5 k €	-79.9%	-238,7 k €	-116%	1,5 M €	+4.1%	1,4 M €	-29.8%	2 M €	+178%	720,8 k €	-25.4%	966,1 k €	-43.2%	1,7 M €	-2.9%	1,8 M €
Net result	29,2 k €	+33.8%	21,8 k €	+199%	-22,2 k €	-465%	6,1 k €	-76.8%	26,2 k €	+30.0%	20,2 k €	-60.1%	50,5 k €	-25.7%	68 k €	+104%	33,4 k €	+396%	-11,3 k €	+12.3%	-12,9 k €	+97.0%	-429,5 k €	-81.2%	-237 k €	-123%	1 M €	+1.8%	1 M €	-1.7%	1 M €	+85.6%	548,4 k €	-5.7%	581,5 k €	+209%	-534,1 k €	-147%	1,1 M €
Balance sheet
Equity	5,9 M €	+0.5%	5,9 M €	+0.4%	5,9 M €	-0.4%	5,9 M €	+0.1%	5,9 M €	+0.4%	5,9 M €	+0.3%	5,9 M €	+0.9%	5,8 M €	+1.2%	5,7 M €	+0.6%	5,7 M €	-0.2%	5,7 M €	-0.2%	5,7 M €	-7.0%	6,2 M €	-3.7%	6,4 M €	+18.9%	5,4 M €	+22.9%	4,4 M €	+30.3%	3,4 M €	+1.5%	3,3 M €	+4.1%	3,2 M €	-14.4%	3,7 M €
Total assets	6 M €	+0.1%	6 M €	+0.9%	5,9 M €	-0.2%	5,9 M €	+0.1%	5,9 M €	+0.5%	5,9 M €	+0.3%	5,9 M €	+0.9%	5,8 M €	+0.8%	5,8 M €	+1.0%	5,7 M €	-0.6%	5,8 M €	-0.5%	5,8 M €	-6.5%	6,2 M €	-3.5%	6,4 M €	+17.9%	5,4 M €	+23.3%	4,4 M €	+13.0%	3,9 M €	+0.2%	3,9 M €	-21.6%	5 M €	-27.1%	6,8 M €
Cash	2 M €	+29.2%	1,5 M €	-14.6%	1,8 M €	+6.4%	1,7 M €	+7.7%	1,6 M €	+11.0%	1,4 M €	-56.9%	3,3 M €	+4.2%	3,1 M €	+14.2%	2,7 M €	-19.9%	3,4 M €	+2.7%	3,3 M €	+28.9%	2,6 M €	-11.2%	2,9 M €	-6.4%	3,1 M €	+12.8%	2,8 M €	+113%	1,3 M €	+12.5%	1,1 M €	-10.0%	1,3 M €	-45.9%	2,4 M €	+720%	287,6 k €
Debts	30,4 k €	-44.2%	54,4 k €	+183%	19,2 k €	+49.7%	12,8 k €	+0.4%	12,8 k €	+18.6%	10,8 k €	-28.4%	15 k €	+14.6%	13,1 k €	-61.9%	34,5 k €	+169%	12,8 k €	-66.2%	38 k €	-32.2%	56 k €	+102%	27,8 k €	+69.6%	16,4 k €	-74.0%	62,9 k €	+83.5%	34,3 k €	-93.7%	545 k €	-7.0%	585,9 k €	-66.9%	1,8 M €	-41.9%	3,1 M €
Other
Workforce	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	+25.0%	0,4 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 19 ended

Active mandates

Alain VAN DEN BOGAERT

Director

Active

Marie Alix SOMVILLE

Managing director

Active

Nuno VERTESSEN

Managing director

Active

Ended mandates

Marie Alix SOMVILLE

Managing director · since 01 décembre 2013

Ended

Jean-Marc Bruyns

Director · since 29 décembre 2009 · until 27 mars 2015

Ended

Nuno Vertessen

Director · since 29 décembre 2009 · until 27 mars 2015

Ended

DELEN INVESTMENTS CVA

Director · since 28 mars 2008 · until 31 mars 2011 · 0423.804.777

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	09/04/2026	09/04/2025	25/04/2024	28/04/2023	31/03/2022	23/04/2021
General meeting	27/03/2026	28/03/2025	02/04/2024	31/03/2023	25/03/2022	26/03/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/03/2026	09/04/2026	Dutch	PDF
Full model	31/12/2024	28/03/2025	09/04/2025	Dutch	PDF
Full model	31/12/2023	02/04/2024	25/04/2024	Dutch	PDF
Full model	31/12/2022	31/03/2023	28/04/2023	Dutch	PDF
Full model	31/12/2021	25/03/2022	31/03/2022	Dutch	PDF
Full model	31/12/2020	26/03/2021	23/04/2021	Dutch	PDF
Full model	31/12/2019	27/03/2020	30/04/2020	Dutch	PDF
Full model	31/12/2018	29/03/2019	24/04/2019	Dutch	PDF
Full model	31/12/2017	03/04/2018	03/05/2018	Dutch	PDF
Full model	31/12/2016	31/03/2017	07/04/2017	Dutch	PDF
Full model	31/12/2015	29/03/2016	01/04/2016	Dutch	PDF
Full model	31/12/2014	27/03/2015	30/03/2015	Dutch	PDF
Full model	31/12/2013	28/03/2014	02/04/2014	Dutch	PDF
Full model	31/12/2012	29/03/2013	05/04/2013	Dutch	PDF
Full model	31/12/2011	30/03/2012	03/04/2012	Dutch	PDF
Full model	31/12/2010	25/03/2011	21/04/2011	Dutch	PDF
Full model	31/12/2009	26/03/2010	21/04/2010	Dutch	PDF
Full model	31/12/2008	27/03/2009	24/04/2009	Dutch	PDF
Full model	31/12/2007	28/03/2008	28/04/2008	Dutch	PDF
Full model	31/12/2006	31/05/2007	07/06/2007	Dutch	PDF
Full modelCorrection	31/12/2005	31/03/2006	04/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 active · 19 ended

Active mandates

Alain VAN DEN BOGAERT

Director

Active

Marie Alix SOMVILLE

Managing director

Active

Nuno VERTESSEN

Managing director

Active

Ended mandates

Marie Alix SOMVILLE

Managing director · since 01 décembre 2013

Ended

Jean-Marc Bruyns

Director · since 29 décembre 2009 · until 27 mars 2015

Ended

Nuno Vertessen

Director · since 29 décembre 2009 · until 27 mars 2015

Ended

DELEN INVESTMENTS CVA

Director · since 28 mars 2008 · until 31 mars 2011 · 0423.804.777

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other30/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates01/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2012
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring30/11/2010
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 202529,2 k €↑
2024
Annual accounts 202421,8 k €↑
2023
Annual accounts 2023-22,2 k €↓
2023
Name changeTAN
2022
Annual accounts 20226,1 k €↓
2022
Name changeTRADE AT NET
2021
Annual accounts 202126,2 k €↑
2020
Annual accounts 202020,2 k €↓
2019
Annual accounts 201950,5 k €↓
2018
Annual accounts 201868 k €↑
2017
Annual accounts 201733,4 k €↑
2016
Annual accounts 2016-11,3 k €↑
2015
Annual accounts 2015-12,9 k €↑
2014
Annual accounts 2014-429,5 k €↓
2013
Annual accounts 2013-237 k €↓
2012
Annual accounts 20121 M €↑
2011
Annual accounts 20111 M €↓
2010
Annual accounts 20101 M €↑
2009
Annual accounts 2009548,4 k €↓
2008
Annual accounts 2008581,5 k €↑
2007
Annual accounts 2007-534,1 k €↓
2006
Annual accounts 20061,1 M €
06/11/1996
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

TAN

Overview

What does TAN 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