ACTIVE

TIELEX

Export PDF
Financial year 2024 · closed on 31/12/2024
Net result
52,7 k €
-33.2% YoY
Gross margin
141 k €
-4.6% YoY
Equity
392,7 k €
+15.5% YoY

What does TIELEX do?

TIELEX is a Private limited company incorporated in 1998. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Hoogstraten.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0464.193.401
Incorporation
29/09/1998
Legal form
Private limited company
Registered office
Katelijnestraat 44
2320 Hoogstraten · FlandreSee on map
Contributed capital
95 092,01 €
Latest accounts
31/12/2024
Activities (NACE)
46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main46699Wholesale of other machinery and equipment71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy74203Photographic activities46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft+5
Joint committees (4)
  • 100
  • 1000
  • 200
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin141 k €147,7 k €123,9 k €66,7 k €85,7 k €74,6 k €108,3 k €137,4 k €170,2 k €46,1 k €45,2 k €59,6 k €51,9 k €37,3 k €68,2 k €55,5 k €82,4 k €
EBITDA78,5 k €96,6 k €77,9 k €22,4 k €30,6 k €19,4 k €16,6 k €51,8 k €89,9 k €3,9 k €2,8 k €16 k €8,6 k €-5,8 k €23,5 k €12,6 k €32,9 k €
Operating result77,9 k €96,6 k €77,9 k €22,4 k €30,6 k €19,4 k €-17,4 k €17,9 k €55,9 k €3,3 k €2,2 k €15,4 k €6,3 k €-6,4 k €22,9 k €12,1 k €29,7 k €
Net result52,7 k €78,9 k €56,6 k €1,1 k €30,6 k €16,2 k €-17,1 k €15,7 k €37,8 k €3,4 k €2,6 k €11,7 k €6,7 k €-5,7 k €13,3 k €8,5 k €19,7 k €
Balance sheet
Equity392,7 k €340 k €261 k €204,5 k €203,4 k €172,8 k €156,7 k €173,8 k €158,1 k €120,3 k €116,9 k €114,3 k €111,1 k €104,3 k €110 k €96,8 k €88,3 k €
Total assets451,7 k €389,8 k €304,4 k €234,3 k €224,9 k €208,2 k €219,8 k €209,9 k €216,6 k €163,8 k €144,5 k €131,2 k €122,7 k €135,3 k €140,8 k €130,6 k €126,3 k €
Cash269,7 k €242,3 k €180,2 k €107,9 k €38,2 k €69,2 k €90,8 k €62,5 k €44,4 k €42,1 k €19,4 k €124,8 k €33,4 k €18,8 k €136,3 k €93,8 k €53,5 k €
Debts59 k €49,8 k €43,3 k €23,9 k €20 k €35,3 k €61,7 k €36,1 k €49,3 k €34,1 k €24,9 k €16,9 k €11,7 k €30,4 k €30,3 k €32,8 k €36,5 k €
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 31/12/2024 · 1 active · 6 ended

Active mandates

Sonja Massez

Director

Active

Ended mandates

Sonja Massez

Manager · since 11 mai 2019

Ended
Rudy Thielemans

Manager · since 01 octobre 1998 · until 31 décembre 2010

Ended
Rudy Thielemans

Manager · since 01 octobre 1998 · until 31 décembre 2015

Ended
Rudy Thielemans

Manager · since 25 septembre 1998 · until 11 mai 2019

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/10/202525/06/202427/08/202330/08/202230/08/202131/08/2020
General meeting30/05/202530/05/202426/05/202327/05/202228/05/202129/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/05/202505/10/2025DutchPDF
Micro model31/12/202330/05/202425/06/2024DutchPDF
Micro model31/12/202226/05/202327/08/2023DutchPDF
Micro model31/12/202127/05/202230/08/2022DutchPDF
Micro model31/12/202028/05/202130/08/2021DutchPDF
Micro model31/12/201929/05/202031/08/2020DutchPDF
Micro model31/12/201831/05/201927/08/2019DutchPDF
Micro model31/12/201725/05/201823/08/2018DutchPDF
Micro model31/12/201626/05/201720/08/2017DutchPDF
Abridged model31/12/201527/05/201620/08/2016DutchPDF
Abridged model31/12/201429/05/201525/08/2015DutchPDF
Abridged model31/12/201330/05/201428/08/2014DutchPDF
Abridged model31/12/201228/06/201329/08/2013DutchPDF
Abridged model31/12/201130/06/201230/08/2012DutchPDF
Abridged model31/12/201030/06/201130/08/2011DutchPDF
Abridged model31/12/200928/05/201026/09/2010DutchPDF
Abridged model31/12/200830/06/200931/08/2009DutchPDF
Abridged model31/12/200730/06/200828/08/2008DutchPDF
Abridged model31/12/200629/06/200731/08/2007DutchPDF
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 31/12/2024 · 1 active · 6 ended

Active mandates

Sonja Massez

Director

Active

Ended mandates

Sonja Massez

Manager · since 11 mai 2019

Ended
Rudy Thielemans

Manager · since 01 octobre 1998 · until 31 décembre 2010

Ended
Rudy Thielemans

Manager · since 01 octobre 1998 · until 31 décembre 2015

Ended
Rudy Thielemans

Manager · since 25 septembre 1998 · until 11 mai 2019

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/01/2014
    KAPITAAL - AANDELEN
    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

Timeline

  1. 2024
    Annual accounts 202452,7 k €↓
  2. 2023
    Annual accounts 202378,9 k €↑
  3. 2022
    Annual accounts 202256,6 k €↑
  4. 2021
    Annual accounts 20211,1 k €↓
  5. 2020
    Annual accounts 202030,6 k €↑
  6. 2019
    Annual accounts 201916,2 k €↑
  7. 2018
    Annual accounts 2018-17,1 k €↓
  8. 2017
    Annual accounts 201715,7 k €↓
  9. 2016
    Annual accounts 201637,8 k €↑
  10. 2015
    Annual accounts 20153,4 k €↑
  11. 2014
    Annual accounts 20142,6 k €↓
  12. 2013
    Annual accounts 201311,7 k €↑
  13. 2012
    Annual accounts 20126,7 k €↑
  14. 2011
    Annual accounts 2011-5,7 k €↓
  15. 2010
    Annual accounts 201013,3 k €↑
  16. 2009
    Annual accounts 20098,5 k €↓
  17. 2008
    Annual accounts 200819,7 k €
  18. 29/09/1998
    IncorporationPrivate limited company