ACTIVE

TEUGELS

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Financial year 2025 · closed on 30/06/2025

Net result

3,3 M €

+4.7% YoY

Revenue

58,5 M €

-2.6% YoY

Equity

18 M €

+13.0% YoY

Workforce

29,2 ETP

-1.7% YoY

What does TEUGELS do?

TEUGELS is a Private limited company incorporated in 1997. Its registered office is in Lebbeke. It employs on average 29,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.195.003

Incorporation

22/12/1997

Legal form

Private limited company

Registered office

D'Helst 14 box B
9280 Lebbeke · FlandreSee on map

Contributed capital

1 411 115,52 €

Latest accounts

30/06/2025

Average workforce

29,2 ETP

Joint committees (4)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	58,5 M €	-2.6%	60,1 M €	-12.1%	68,4 M €	+116%	31,6 M €	-8.2%	34,4 M €	+12.8%	30,5 M €	+24.2%	24,6 M €	+12.6%	21,8 M €		–		–		–		–		–		–		–		–		–		–
EBITDA	4,9 M €	+5.6%	4,7 M €	-14.8%	5,5 M €	+37.1%	4 M €	-18.8%	4,9 M €	+101%	2,5 M €	+8.6%	2,3 M €	+46.7%	1,5 M €	+9.9%	1,4 M €	-6.3%	1,5 M €	+66.8%	899,2 k €	-8.0%	976,9 k €	-7.9%	1,1 M €	-34.0%	1,6 M €	+56.7%	1 M €	+22.6%	836,4 k €	+2.4%	817 k €	+21.5%	672,4 k €
Operating result	4,2 M €	+0.2%	4,2 M €	-2.5%	4,3 M €	+27.4%	3,4 M €	-21.2%	4,3 M €	+148%	1,7 M €	+5.1%	1,6 M €	+31.5%	1,2 M €	-11.3%	1,4 M €	+12.0%	1,3 M €	+56.0%	802,8 k €	+10.4%	727,2 k €	-12.3%	828,9 k €	-31.6%	1,2 M €	+39.3%	869,2 k €	+27.7%	680,8 k €	+3.3%	659,2 k €	+20.0%	549,4 k €
Net result	3,3 M €	+4.7%	3,2 M €	-7.9%	3,4 M €	+39.0%	2,5 M €	-20.2%	3,1 M €	+164%	1,2 M €	+6.3%	1,1 M €	+39.7%	790 k €	-9.1%	868,7 k €	+8.3%	802 k €	+81.9%	441 k €	-21.6%	562,2 k €	-17.6%	681,9 k €	-21.7%	870,6 k €	+45.7%	597,5 k €	+31.9%	453,2 k €	-10.3%	505,4 k €	-4.7%	530,6 k €
Balance sheet
Equity	18 M €	+13.0%	15,9 M €	+10.2%	14,4 M €	+18.3%	12,2 M €	+24.8%	9,8 M €	+46.0%	6,7 M €	+16.6%	5,7 M €	+17.4%	4,9 M €	+22.3%	4 M €	+27.7%	3,1 M €	+34.4%	2,3 M €	-1.4%	2,4 M €	+2.7%	2,3 M €	+33.4%	1,7 M €	+67.9%	1 M €	-4.2%	1,1 M €	+9.3%	981,8 k €	+17.1%	838,7 k €
Total assets	30,5 M €	+1.9%	29,9 M €	+18.0%	25,3 M €	+14.0%	22,2 M €	+0.5%	22,1 M €	+57.1%	14,1 M €	+8.0%	13 M €	+10.6%	11,8 M €	+115%	5,5 M €	+7.1%	5,1 M €	+8.9%	4,7 M €	-3.1%	4,8 M €	+10.9%	4,4 M €	+15.3%	3,8 M €	+10.4%	3,4 M €	+4.8%	3,3 M €	+10.0%	3 M €	-6.5%	3,2 M €
Cash	193,3 k €	-42.7%	337,2 k €	-80.2%	1,7 M €	-41.3%	2,9 M €	+31.3%	2,2 M €	+11.6%	2 M €	+12.9%	1,7 M €	+234%	523,5 k €	-76.4%	2,2 M €	+28.5%	1,7 M €	+52.7%	1,1 M €	-12.0%	1,3 M €	+11.3%	1,2 M €	+42.8%	808,9 k €	+32.5%	610,5 k €	-5.5%	645,7 k €	+223%	200,2 k €	+158%	77,6 k €
Debts	12,5 M €	-10.5%	13,9 M €	+29.8%	10,7 M €	+8.8%	9,8 M €	-18.6%	12,1 M €	+68.9%	7,2 M €	+1.7%	7 M €	+2.5%	6,9 M €	+371%	1,5 M €	-25.7%	2 M €	-16.3%	2,3 M €	+2.8%	2,3 M €	+25.2%	1,8 M €	-11.1%	2,1 M €	-13.8%	2,4 M €	+9.3%	2,2 M €	+10.1%	2 M €	-14.6%	2,3 M €
Other
Workforce	29,2 ETP	-1.7%	29,7 ETP	+4.6%	28,4 ETP	+1.1%	28,1 ETP	-0.7%	28,3 ETP	-18.4%	34,7 ETP	+3.0%	33,7 ETP	+33.2%	25,3 ETP	+33.9%	18,9 ETP	+9.9%	17,2 ETP	-2.8%	17,7 ETP	+1.1%	17,5 ETP	+5.4%	16,6 ETP	+9.9%	15,1 ETP	-0.7%	15,2 ETP	-7.9%	16,5 ETP	+0.6%	16,4 ETP	+1.2%	16,2 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 30/06/2025 · 2 active · 9 ended

Active mandates

H+ BV

Director · since 14 décembre 2022 · 0839.444.631

Represented by Frederick HEMELAER

Active

Hempo BV

Director · since 14 décembre 2022 · 0788.487.660

Represented by Hans HEMELAER

Active

Ended mandates

Kepl

Director · since 02 janvier 2021 · 0761.835.921

Represented by Kevin Meert

Ended

Frans Teugels

Director · since 01 juillet 2016

Ended

Frans Teugels

Manager · since 01 juillet 2016

Ended

Bart TEUGELS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
GARAGE ROELS● Active	0742.733.651

Annual accounts

Full financial information

	2025	2024	2023	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/07/2024	01/07/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	18 months	12 months	12 months	12 months
Filing date	05/12/2025	30/01/2025	29/04/2024	30/06/2022	02/08/2021	19/08/2020
General meeting	05/12/2025	27/01/2025	26/02/2024	24/06/2022	25/06/2021	24/07/2020
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
Full model	30/06/2025	05/12/2025	05/12/2025	Dutch	PDF
Full model	30/06/2024	27/01/2025	30/01/2025	Dutch	PDF
Full model	30/06/2023	26/02/2024	29/04/2024	Dutch	PDF
Full model	31/12/2021	24/06/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	02/08/2021	Dutch	PDF
Full model	31/12/2019	24/07/2020	19/08/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	24/07/2019	Dutch	PDF
Full model	31/12/2017	22/06/2018	18/07/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	27/07/2016	Dutch	PDF
Abridged modelCorrection	31/12/2014	26/05/2015	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	22/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	22/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	22/06/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	03/08/2007	16/08/2007	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 30/06/2025 · 2 active · 9 ended

Active mandates

H+ BV

Director · since 14 décembre 2022 · 0839.444.631

Represented by Frederick HEMELAER

Active

Hempo BV

Director · since 14 décembre 2022 · 0788.487.660

Represented by Hans HEMELAER

Active

Ended mandates

Kepl

Director · since 02 janvier 2021 · 0761.835.921

Represented by Kevin Meert

Ended

Frans Teugels

Director · since 01 juillet 2016

Ended

Frans Teugels

Manager · since 01 juillet 2016

Ended

Bart TEUGELS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other23/01/2023
DOEL
PDF
Mandates28/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - JAARREKENINGEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates19/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/03/2021
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 20253,3 M €↑
2024
Annual accounts 20243,2 M €↓
2023
Annual accounts 20233,4 M €↑
2021
Annual accounts 20212,5 M €↓
2020
Annual accounts 20203,1 M €↑
2019
Annual accounts 20191,2 M €↑
2018
Annual accounts 20181,1 M €↑
2017
Annual accounts 2017790 k €↓
2015
Annual accounts 2015868,7 k €↑
2014
Annual accounts 2014802 k €↑
2013
Annual accounts 2013441 k €↓
2012
Annual accounts 2012562,2 k €↓
2011
Annual accounts 2011681,9 k €↓
2010
Annual accounts 2010870,6 k €↑
2009
Annual accounts 2009597,5 k €↑
2008
Annual accounts 2008453,2 k €↓
2007
Annual accounts 2007505,4 k €↓
2006
Annual accounts 2006530,6 k €
22/12/1997
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

TEUGELS

Overview

What does TEUGELS 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