ACTIVE

TECHNICAL WELDING SUPPORT

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Financial year 2025 · closed on 31/12/2025

Net result

23,1 k €

+512.7% YoY

Gross margin

145,7 k €

-2.3% YoY

Equity

24,3 k €

+1989.1% YoY

What does TECHNICAL WELDING SUPPORT do?

TECHNICAL WELDING SUPPORT is a Private limited company incorporated in 1998. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Heist-op-den-Berg.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.142.723

Incorporation

22/09/1998

Legal form

Private limited company

Registered office

Lerrekensstraat 25/C
2220 Heist-op-den-Berg · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 28520Manufacture of machinery and equipment n.e.c.+11

Joint committees (2)

Signals

ProfitablePositive 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	145,7 k €	-2.3%	149,1 k €	+15.0%	129,6 k €	-18.1%	158,3 k €	+6.7%	148,3 k €	+2.1%	145,3 k €	+132%	62,7 k €	-16.8%	75,3 k €	-59.0%	183,6 k €	+184%	64,6 k €	-71.3%	225,4 k €	+23.2%	183 k €	+35.5%	135 k €	+32.2%	102,1 k €	-43.3%	180,1 k €	-8.4%	196,6 k €	+11.3%	176,7 k €	-18.0%	215,7 k €	+29.2%	166,9 k €	+45.4%	114,8 k €
EBITDA	84,4 k €	+50.3%	56,1 k €	+131%	24,3 k €	-58.2%	58 k €	+2.4%	56,6 k €	-4.8%	59,5 k €	+3291%	-1,9 k €	-106%	29 k €	-60.7%	73,9 k €	+772%	8,5 k €	-91.8%	103,1 k €	+63.5%	63,1 k €	+49.3%	42,3 k €	+240%	12,4 k €	-71.7%	43,9 k €	-26.1%	59,4 k €	+0.3%	59,2 k €	-42.7%	103,5 k €	+31.4%	78,7 k €	+12.9%	69,8 k €
Operating result	37,5 k €	+134%	16 k €	+186%	-18,6 k €	-183%	22,4 k €	+32.0%	17 k €	-37.8%	27,3 k €	+166%	-41,3 k €	-893%	-4,2 k €	-110%	41,1 k €	+260%	-25,6 k €	-138%	67,8 k €	+119%	30,9 k €	+62.1%	19,1 k €	+204%	-18,3 k €	-259%	11,5 k €	-49.7%	22,9 k €	-8.7%	25,1 k €	-57.3%	58,9 k €	+81.6%	32,4 k €	-4.0%	33,8 k €
Net result	23,1 k €	+513%	3,8 k €	+116%	-24,3 k €	-290%	12,8 k €	+24.7%	10,2 k €	-39.7%	17 k €	+138%	-45,1 k €	-348%	-10,1 k €	-141%	24,4 k €	+185%	-28,6 k €	-193%	30,8 k €	+48.3%	20,8 k €	+1606%	-1,4 k €	+95.8%	-32,7 k €	-167%	-12,3 k €	-1245%	1,1 k €	-87.7%	8,7 k €	-69.1%	28,3 k €	+99.2%	14,2 k €	-24.0%	18,7 k €
Balance sheet
Equity	24,3 k €	+1989%	1,2 k €	+145%	-2,6 k €	-112%	21,7 k €	-43.7%	38,5 k €	+36.3%	28,2 k €	+151%	11,2 k €	-80.1%	56,4 k €	-15.2%	66,4 k €	+58.0%	42 k €	-40.4%	70,6 k €	+77.4%	39,8 k €	+109%	19 k €	-6.8%	20,4 k €	-60.7%	51,9 k €	+0.2%	51,8 k €	+2.1%	50,7 k €	+0.1%	50,6 k €	-34.6%	77,4 k €	+22.4%	63,2 k €
Total assets	194,1 k €	+7.7%	180,3 k €	-15.5%	213,3 k €	-3.4%	220,8 k €	-9.8%	244,8 k €	+27.3%	192,3 k €	+17.8%	163,3 k €	-30.2%	234 k €	-17.4%	283,1 k €	+14.5%	247,2 k €	-12.5%	282,3 k €	+3.7%	272,4 k €	+11.3%	244,8 k €	+5.8%	231,4 k €	-26.2%	313,5 k €	+2.1%	307 k €	-5.8%	325,9 k €	-5.7%	345,5 k €	-4.6%	362,1 k €	+7.8%	335,9 k €
Cash	50,4 k €	+83.5%	27,5 k €	+199%	9,2 k €	-83.1%	54,4 k €	-13.4%	62,8 k €	+242%	18,4 k €	+9.5%	16,8 k €	-43.3%	29,6 k €	+169%	11 k €	+47.8%	7,4 k €	-89.2%	68,7 k €	+363%	14,8 k €	+2891%	495,7 €	-85.3%	3,4 k €		–		–		–		–		–		–
Debts	168,2 k €	-6.1%	179,1 k €	-17.0%	215,9 k €	+8.4%	199,2 k €	-3.5%	206,3 k €	+25.7%	164,1 k €	+7.9%	152,1 k €	-14.4%	177,6 k €	-17.5%	215,3 k €	+4.9%	205,2 k €	-2.7%	210,8 k €	-9.4%	232,6 k €	+3.0%	225,7 k €	+7.0%	211 k €	-19.4%	261,7 k €	+2.5%	255,3 k €	-7.2%	275,2 k €	-6.7%	294,8 k €	+3.6%	284,7 k €	+4.4%	272,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		2,4 ETP	+4.3%	2,3 ETP	+4.5%	2,2 ETP	+4.8%	2,1 ETP	-36.4%	3,3 ETP	-5.7%	3,5 ETP	+25.0%	2,8 ETP	+7.7%	2,6 ETP	+30.0%	2,0 ETP	+100%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Ivan Lucas

Director

Active

Ended mandates

Ivan Lucas

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	05/05/2026	21/05/2025	08/05/2024	21/08/2023	15/06/2022	08/06/2021
General meeting	04/05/2026	05/05/2025	06/05/2024	02/05/2023	02/05/2022	03/05/2021
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
Micro model	31/12/2025	04/05/2026	05/05/2026	Dutch	PDF
Micro model	31/12/2024	05/05/2025	21/05/2025	Dutch	PDF
Micro model	31/12/2023	06/05/2024	08/05/2024	Dutch	PDF
Micro model	31/12/2022	02/05/2023	21/08/2023	Dutch	PDF
Micro model	31/12/2021	02/05/2022	15/06/2022	Dutch	PDF
Micro model	31/12/2020	03/05/2021	08/06/2021	Dutch	PDF
Micro model	31/12/2019	04/05/2020	04/05/2020	Dutch	PDF
Micro modelCorrection	31/12/2018	06/05/2019	21/06/2019	Dutch	PDF
Micro model	31/12/2018	06/05/2019	24/05/2019	Dutch	PDF
Micro model	31/12/2017	07/05/2018	01/06/2018	Dutch	PDF
Micro model	31/12/2016	02/05/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	17/08/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	12/05/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	15/07/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	29/05/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	09/06/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	06/07/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	28/05/2008	Dutch	PDF
Abridged model	31/12/2006	07/05/2007	08/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 1 ended

Active mandates

Ivan Lucas

Director

Active

Ended mandates

Ivan Lucas

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/02/2025
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/12/2011
MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office08/05/2009
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares10/07/2007
DOEL - ALGEMENE VERGADERING - 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 202523,1 k €↑
2024
Annual accounts 20243,8 k €↑
2023
Annual accounts 2023-24,3 k €↓
2022
Annual accounts 202212,8 k €↑
2021
Annual accounts 202110,2 k €↓
2020
Annual accounts 202017 k €↑
2019
Annual accounts 2019-45,1 k €↓
2018
Annual accounts 2018-10,1 k €↓
2017
Annual accounts 201724,4 k €↑
2016
Annual accounts 2016-28,6 k €↓
2015
Annual accounts 201530,8 k €↑
2014
Annual accounts 201420,8 k €↑
2013
Annual accounts 2013-1,4 k €↑
2012
Annual accounts 2012-32,7 k €↓
2011
Annual accounts 2011-12,3 k €↓
2010
Annual accounts 20101,1 k €↓
2009
Annual accounts 20098,7 k €↓
2008
Annual accounts 200828,3 k €↑
2007
Annual accounts 200714,2 k €↓
2006
Annual accounts 200618,7 k €
22/09/1998
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

TECHNICAL WELDING SUPPORT

Overview

What does TECHNICAL WELDING SUPPORT do?

Trend over 20 financial years

Indicative valuation

Board of directors

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