ACTIVE

TEGEC

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Financial year 2025 · Closed on 31/12/2025

Net result2,3 M €-17,7 %over 1 year

Revenue40,7 M €-25,2 %over 1 year

Equity6,2 M €+22,9 %over 1 year

Workforce177,6 ETP+7,4 %over 1 year

Identity

Source · BCE/KBO

TEGEC is a Private limited company incorporated in 1998. Its main activity is: Construction of utility projects for fluids. Its registered office is in Ans. It employs on average 177,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0464.301.485
Incorporation: 14/10/1998
Legal form: Private limited company
Registered office: Avenue de l'Expansion 11
4432 Ans · WallonieSee on map
Contributed capital: 320 000,00 €
Latest accounts: 31/12/2025
Average workforce: 177,6 ETP

Activities (NACE)

42211Construction of utility projects for fluids· main 42211Construction of utility projects for fluids 49410Freight transport by road 49410Freight transport by road 60242Television programming and broadcasting activities 42211Construction of utility projects for fluids+1

Joint committees (5)

124
140
14003
200
218

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	40,7 M €	-25.2%	54,4 M €	+49.6%	36,4 M €	+4.6%	34,8 M €	+46.6%	23,7 M €
EBITDA	4,5 M €	-10.7%	5,1 M €	+42.3%	3,6 M €	+0.7%	3,6 M €	-0.4%	3,6 M €
Operating result	2,8 M €	-18.4%	3,4 M €	+70.8%	2 M €	-0.0%	2 M €	+12.9%	1,8 M €
Net result	2,3 M €	-17.7%	2,8 M €	+50.2%	1,9 M €	+10.5%	1,7 M €	+16.9%	1,5 M €
Balance sheet
Equity	6,2 M €	+22.9%	5 M €	+40.5%	3,6 M €	+21.9%	2,9 M €	+24.7%	2,3 M €
Total assets	20,5 M €	+9.2%	18,8 M €	+14.3%	16,4 M €	+9.7%	15 M €	+23.1%	12,2 M €
Cash	218,7 k €	-61.2%	563,6 k €	+29.0%	436,9 k €	-36.4%	687,5 k €	-35.7%	1,1 M €
Debts	14,3 M €	+4.9%	13,6 M €	+6.3%	12,8 M €	+6.9%	12 M €	+22.8%	9,8 M €
Other
Workforce	177,6 ETP	+7.4%	165,4 ETP	+9.2%	151,4 ETP	+11.9%	135,3 ETP	+3.4%	130,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
INTO THE WILD0755.644.648Represented by Gaëlle LECOQ	Directorsince 01/04/2025
LACGEST0837.744.953Represented by Antoine LACROIX	Managersince 01/07/2011
GEHLEN MANAGEMENT0899.433.290Represented by Roger GEHLEN	Managersince 25/05/2011

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Société Internationale de Travaux Publics0426.737.246Represented by Freddy LECOQ	Manager25/05/2011 → 2014 accounts
Marc LEJEUNE	Manageruntil 25/05/2011

Other companies at this address

Avenue de l'Expansion 11 4432 Ans

Company	CBE no.
A.M. TEGEC - NELLES● Active	0731.585.975
AM TEGEC-SODRAEP-HYDROGAZ● Active	0684.566.414
AM TEGEC-SODRAEP-TRAGECO● Active	0763.904.395
AM TEGEC - TRAGECOBAT● Active	0691.975.135
ASS. MOM. TEGEC- FODETRA● Active	0553.927.606
DUOFLUX● Active	0697.625.582
SM ACTL● Active	1021.719.905
SM TEGEC - ARGEA● Active	1006.920.277
SM TEGEC-BODARWE-SERBI● Active	0789.615.434
SM TEGEC - DENYS● Active	0777.481.823
SM TEGEC-DENYS/BIERSET● Active	0792.446.745
SM TEGEC - ENERSOL● Active	1018.334.506
SM TEGEC - GEHLEN - HUN● Active	1041.292.624
SM TEGEC-GEHLEN-TRAGECO - Fenderie● Active	1015.689.275
SM TEGEC - GEHLEN - TRAGECO - PEPINSTER● Active	1039.175.648
SM TEGEC - GEHLEN - TRAGECO - THEUX● Active	1039.169.314
SM TEGEC-NONET - Raccordements Namur-Hesbaye● Active	0799.296.034
SM TEGEC-RMS● Active	0789.998.385
SM TEGEC-SOCOGETRA - CHERATTE● Active	1032.725.544
Société Momentanée TEGEC-GEHLEN-TRAGECO● Active	0803.376.962

Full financial information

Source · NBB

	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	16/06/2026	19/06/2025	28/05/2024	20/06/2023	16/05/2022	29/06/2021
General meeting	21/05/2026	06/06/2025	11/05/2024	13/05/2023	14/05/2022	25/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	21/05/2026	16/06/2026	French	PDF
Full model	31/12/2024	06/06/2025	19/06/2025	French	PDF
Full model	31/12/2023	11/05/2024	28/05/2024	French	PDF
Full model	31/12/2022	13/05/2023	20/06/2023	French	PDF
Full model	31/12/2021	14/05/2022	16/05/2022	French	PDF
Full model	31/12/2020	25/06/2021	29/06/2021	French	PDF
Full model	31/12/2019	23/06/2020	01/07/2020	French	PDF
Full model	31/12/2018	13/05/2019	11/06/2019	French	PDF
Full model	31/12/2017	12/05/2018	29/05/2018	French	PDF
Full model	31/12/2016	13/05/2017	30/06/2017	French	PDF
Full model	31/12/2015	08/06/2016	16/06/2016	French	PDF
Full model	31/12/2014	22/05/2015	03/06/2015	French	PDF
Full model	31/12/2013	30/05/2014	16/06/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	11/07/2013	French	PDF
Abridged model	31/12/2011	19/05/2012	29/06/2012	French	PDF
Abridged model	31/12/2010	25/05/2011	27/05/2011	French	PDF
Abridged model	31/12/2009	08/05/2010	13/08/2010	French	PDF
Abridged model	31/12/2008	09/05/2009	18/08/2009	French	PDF
Abridged model	31/12/2007	10/05/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	12/05/2007	22/08/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
INTO THE WILD0755.644.648Represented by Gaëlle LECOQ	Directorsince 01/04/2025
LACGEST0837.744.953Represented by Antoine LACROIX	Managersince 01/07/2011
GEHLEN MANAGEMENT0899.433.290Represented by Roger GEHLEN	Managersince 25/05/2011

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Société Internationale de Travaux Publics0426.737.246Represented by Freddy LECOQ	Manager25/05/2011 → 2014 accounts
Marc LEJEUNE	Manageruntil 25/05/2011

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/07/2025
DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Mandates04/04/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates02/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates16/10/2019
DEMISSIONS, NOMINATIONS
PDF
Restructuring30/07/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring28/05/2019
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring20/12/2017
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring06/09/2017
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

INTO THE WILD

LACGEST

GEHLEN MANAGEMENT

Société Internationale de Travaux Publics

Marc LEJEUNE

19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

TEGECTRANSPORTS T.L.L.

Avenue de l'Expansion 11, 4432 Alleur

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue de l'Expansion 11, 4432 AlleurCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00166529

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TEGECCurrent	accounts 2011 → 2025	Accounts 2025 · 2026-00166529
TRANSPORTS T.L.L.	accounts 2006 → 2010	Accounts 2010 · 2011-13100438

Events

2025
Annual accounts 20252,3 M €↓
2024
Annual accounts 20242,8 M €↑
2023
Annual accounts 20231,9 M €↑
2022
Annual accounts 20221,7 M €↑
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 2020288,3 k €↓
2019
Annual accounts 2019684,6 k €↑
2018
Annual accounts 2018472,7 k €↑
2017
Annual accounts 2017239,7 k €↓
2016
Annual accounts 2016403,4 k €↑
2015
Annual accounts 201534,4 k €↑
2014
Annual accounts 2014-9,6 k €↓
2013
Annual accounts 201316,4 k €↓
2012
Annual accounts 201296,4 k €↑
2011
Annual accounts 2011-135,5 k €↓
2011
Name changeTEGEC
2010
Annual accounts 2010181,9 €↓
2009
Annual accounts 20096,4 k €↑
2008
Annual accounts 2008364,7 €↓
2007
Annual accounts 200717,7 k €↑
2006
Annual accounts 2006368 €
14/10/1998
IncorporationPrivate limited company

TEGEC

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events