ACTIVE

TUINBOUWBEDRIJF BANGELS

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Financial year 2025 · Closed on 31/12/2025

Net result320,9 k €+72,8 %over 1 year

Gross margin1,1 M €+41,7 %over 1 year

Equity1,6 M €+24,7 %over 1 year

Workforce11,5 ETP+13,9 %over 1 year

Identity

Source · BCE/KBO

TUINBOUWBEDRIJF BANGELS is a Private limited company incorporated in 1999. Its main activity is: Growing of vegetables and melons, roots and tubers. Its registered office is in Geetbets. It employs on average 11,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0466.720.646
Incorporation: 20/08/1999
Legal form: Private limited company
Registered office: Grote Baan 75
3454 Geetbets · FlandreSee on map
Contributed capital: 105 354,75 €
Latest accounts: 31/12/2025
Average workforce: 11,5 ETP

Activities (NACE)

01130Growing of vegetables and melons, roots and tubers· main 01240Growing of pome fruits and stone fruits 01240Growing of pome fruits and stone fruits 46319Wholesale of fruit and vegetables 46319Wholesale of fruit and vegetables 47210Retail sale of fruit and vegetables in specialised stores+3

Joint committees (2)

145
14505

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,1 M €	+41.7%	803,9 k €	-5.2%	848 k €	+70.5%	497,4 k €	-2.0%	507,8 k €
EBITDA	657,7 k €	+54.9%	424,7 k €	-18.4%	520,4 k €	+204%	171,3 k €	-35.4%	265,1 k €
Operating result	465,9 k €	+73.0%	269,3 k €	-29.3%	380,8 k €	+737%	45,5 k €	-68.1%	142,6 k €
Net result	320,9 k €	+72.8%	185,7 k €	-30.1%	265,7 k €	+860%	27,7 k €	-75.9%	115,1 k €
Balance sheet
Equity	1,6 M €	+24.7%	1,3 M €	+16.7%	1,1 M €	+37.9%	807,6 k €	+3.5%	779,9 k €
Total assets	1,7 M €	+19.2%	1,4 M €	+12.6%	1,3 M €	+10.1%	1,2 M €	+3.4%	1,1 M €
Cash	544,7 k €	-8.3%	594,1 k €	+45.4%	408,7 k €	+23.1%	331,9 k €	-11.3%	374,1 k €
Debts	94,4 k €	-32.1%	139 k €	-15.0%	163,6 k €	-53.5%	351,9 k €	+3.0%	341,6 k €
Other
Workforce	11,5 ETP	+13.9%	10,1 ETP	+13.5%	8,9 ETP	-9.2%	9,8 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 10 ended

Active mandates

Kristof Bangels

Manager · since 01 septembre 2012

Active

Diane Appeltans

Director · since 28 mars 2002

Active

Maria Bartholomivis

Director · since 28 mars 2002

Active

Ended mandates

Kristof Bangels

Chairman of the board of directors · since 01 septembre 2012

Ended

Kristof Bangels

Administrator - manager · since 01 septembre 2012

Ended

Diana APPELTANS

Director

Ended

Diane Appeltans

Director

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	14/08/2026	14/08/2025	19/05/2024	28/05/2023	29/05/2022	05/06/2021
General meeting	01/04/2026	27/06/2025	03/05/2024	15/05/2023	10/05/2022	22/03/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/04/2026	14/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	14/08/2025	Dutch	PDF
Abridged model	31/12/2023	03/05/2024	19/05/2024	Dutch	PDF
Abridged model	31/12/2022	15/05/2023	28/05/2023	Dutch	PDF
Abridged model	31/12/2021	10/05/2022	29/05/2022	Dutch	PDF
Abridged model	31/12/2020	22/03/2021	05/06/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	09/08/2020	Dutch	PDF
Abridged model	31/12/2018	26/02/2019	09/05/2019	Dutch	PDF
Abridged model	31/12/2017	28/02/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/03/2017	08/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	10/06/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	27/03/2014	01/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	27/06/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	07/07/2011	Dutch	PDF
Abridged model	31/12/2009	27/06/2010	07/07/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	19/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 10 ended

Active mandates

Kristof Bangels

Manager · since 01 septembre 2012

Active

Diane Appeltans

Director · since 28 mars 2002

Active

Maria Bartholomivis

Director · since 28 mars 2002

Active

Ended mandates

Kristof Bangels

Chairman of the board of directors · since 01 septembre 2012

Ended

Kristof Bangels

Administrator - manager · since 01 septembre 2012

Ended

Diana APPELTANS

Director

Ended

Diane Appeltans

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates16/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/08/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2012
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025320,9 k €↑
2024
Annual accounts 2024185,7 k €↓
2023
Annual accounts 2023265,7 k €↑
2022
Annual accounts 202227,7 k €↓
2021
Annual accounts 2021115,1 k €↑
2020
Annual accounts 202063,7 k €↓
2019
Annual accounts 201982,5 k €↓
2018
Annual accounts 2018100,2 k €↑
2017
Annual accounts 2017-29,1 k €↓
2016
Annual accounts 201619 k €↓
2015
Annual accounts 201557,4 k €↓
2014
Annual accounts 201462,7 k €↑
2013
Annual accounts 20139,2 k €↓
2012
Annual accounts 201216,7 k €↓
2011
Annual accounts 201129,5 k €↑
2010
Annual accounts 201023,9 k €↑
2009
Annual accounts 20091,1 k €↑
2008
Annual accounts 2008-9,3 k €↓
2007
Annual accounts 200722,5 k €↓
2006
Annual accounts 200625,2 k €
20/08/1999
IncorporationPrivate limited company

TUINBOUWBEDRIJF BANGELS

Overview

Identity

Financials

Valuation

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

Timeline