ACTIVE

TAN

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Financial year 2025 · closed on 31/03/2025

Net result

-113,4 €

+99.6% YoY

Gross margin

261,3 k €

-3.7% YoY

Equity

410,5 k €

-3.6% YoY

Workforce

5,2 ETP

-22.4% YoY

What does TAN do?

TAN is a Private limited company incorporated in 2001. Its registered office is in Ixelles. It employs on average 5,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.805.883

Incorporation

09/10/2001

Legal form

Private limited company

Registered office

Rue de l'Aqueduc 95
1050 Ixelles · BruxellesSee on map

Contributed capital

70 400,00 €

Latest accounts

31/03/2025

Average workforce

5,2 ETP

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	261,3 k €	-3.7%	271,3 k €	-5.1%	285,9 k €	-20.0%	357,3 k €	-15.5%	422,9 k €	-18.3%	517,3 k €	-2.7%	531,8 k €	-28.0%	738,9 k €	-13.5%	853,8 k €	-26.3%	1,2 M €	+92.9%	600,2 k €	+12.7%	532,7 k €	+42.4%	374 k €	+11.5%	335,3 k €	+29.1%	259,7 k €	+45.5%	178,4 k €
EBITDA	43,4 k €	+118%	20 k €	+24.4%	16,1 k €	-83.8%	99,2 k €	-42.6%	173 k €	+29.1%	134 k €	+35.9%	98,6 k €	-42.7%	171,9 k €	-25.0%	229,4 k €	-39.7%	380,4 k €	+65.1%	230,5 k €	+9.5%	210,5 k €	+82.9%	115,1 k €	+50.9%	76,3 k €	+48.7%	51,3 k €	+311%	12,5 k €
Operating result	-3,3 k €	+89.5%	-31,3 k €	+12.7%	-35,8 k €	-186%	41,6 k €	-64.5%	117,3 k €	+92.2%	61 k €	+397%	12,3 k €	-85.2%	82,8 k €	-40.3%	138,7 k €	-45.4%	254 k €	+81.6%	139,9 k €	+8.5%	128,9 k €	+189%	44,6 k €	+70.9%	26,1 k €	+522%	4,2 k €	+126%	-15,9 k €
Net result	-113,4 €	+99.6%	-25,5 k €	+7.0%	-27,5 k €	-168%	40,3 k €	-62.8%	108,2 k €	+99.9%	54,1 k €	+402%	10,8 k €	-83.6%	65,7 k €	-48.9%	128,6 k €	-42.9%	225,4 k €	+72.0%	131,1 k €	+41.0%	93 k €	+319%	22,2 k €	-1.1%	22,4 k €	+1109%	1,9 k €	+108%	-23,2 k €
Balance sheet
Equity	410,5 k €	-3.6%	425,9 k €	+2.2%	416,7 k €	-8.8%	456,9 k €	+6.3%	429,7 k €	+18.6%	362,2 k €	+7.4%	337,4 k €	+24.0%	272,1 k €	+3.7%	262,3 k €	+19.9%	218,8 k €	+60.6%	136,3 k €	-0.6%	137,1 k €	+31.4%	104,4 k €	+23.7%	84,3 k €	+48.4%	56,8 k €	+15.3%	49,3 k €
Total assets	652,1 k €	-6.8%	699,9 k €	+11.0%	630,4 k €	-8.3%	687,8 k €	-14.4%	803,8 k €	+11.0%	724,2 k €	-8.9%	795,2 k €	-6.5%	850,1 k €	-4.4%	888,8 k €	+2.7%	865,4 k €	+34.9%	641,5 k €	+15.0%	557,7 k €	+12.5%	495,9 k €	+50.4%	329,8 k €	-19.1%	407,6 k €	-1.0%	411,7 k €
Cash	30,4 k €	-50.1%	60,9 k €	+77.1%	34,4 k €	-24.0%	45,2 k €	-52.7%	95,4 k €	+71.8%	55,6 k €	-58.0%	132,2 k €	-11.1%	148,7 k €	-8.6%	162,7 k €	-3.6%	168,8 k €	+39.4%	121,1 k €	+12.0%	108,2 k €	+398%	21,7 k €	-19.4%	27 k €	+32.8%	20,3 k €	+58.8%	12,8 k €
Debts	240,9 k €	-11.9%	273,3 k €	+29.5%	211,1 k €	-7.5%	228,2 k €	-37.3%	363,9 k €	+0.9%	360,6 k €	-21.0%	456,4 k €	-20.4%	573,3 k €	-6.8%	614,8 k €	-4.9%	646,6 k €	+28.0%	505,2 k €	+20.1%	420,6 k €	+7.4%	391,5 k €	+59.5%	245,5 k €	-26.2%	332,7 k €	-7.6%	360,2 k €
Other
Workforce	5,2 ETP	-22.4%	6,7 ETP	+11.7%	6,0 ETP	-11.8%	6,8 ETP		–		–		–		–		–		14,0 ETP	+44.3%	9,7 ETP	+49.2%	6,5 ETP	-11.0%	7,3 ETP	+9.0%	6,7 ETP	0.0%	6,7 ETP	+39.6%	4,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 12 ended

Active mandates

Jean-Luc GOVAERTS

Managing director · since 05 décembre 2023

Active

JLG 21 IMMO

Director · since 05 décembre 2023 · 0890.757.631

Active

Sergio ORDONEZ COFRE

Managing director · since 05 décembre 2023

Active

Ended mandates

Jean-Luc GOVAERTS

Mandate

Ended

Jean-Luc GOVAERTS

Director

Ended

Jean-Luc GOVAERTS

Managing director

Ended

JLG 21 IMMO

Director · 0890.757.631

Ended

At this address

Other companies at this address

Company	CBE no.
BISTAN● Active	0559.798.876
CASTEL PLACE● Active	0458.533.450
MOIJE● Active	0460.800.379
TAN CCLF● Active	0554.794.666

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/10/2025	30/10/2024	25/10/2023	22/11/2022	23/11/2021	24/11/2020
General meeting	17/10/2025	29/10/2024	24/10/2023	27/10/2022	01/11/2021	05/11/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	17/10/2025	26/10/2025	French	PDF
Abridged model	31/03/2024	29/10/2024	30/10/2024	French	PDF
Abridged model	31/03/2023	24/10/2023	25/10/2023	French	PDF
Abridged model	31/03/2022	27/10/2022	22/11/2022	French	PDF
Micro model	31/03/2021	01/11/2021	23/11/2021	French	PDF
Micro model	31/03/2020	05/11/2020	24/11/2020	French	PDF
Micro model	31/03/2019	30/10/2019	29/11/2019	French	PDF
Micro model	31/03/2018	30/10/2018	29/11/2018	French	PDF
Micro model	31/03/2017	26/10/2017	29/11/2017	French	PDF
Abridged model	31/03/2016	30/09/2016	28/11/2016	French	PDF
Abridged model	30/09/2014	26/02/2015	19/05/2015	French	PDF
Abridged model	30/09/2013	25/04/2014	28/05/2014	French	PDF
Abridged model	30/09/2012	21/03/2013	13/05/2013	French	PDF
Abridged model	30/09/2011	24/04/2012	19/06/2012	French	PDF
Abridged model	30/09/2010	27/04/2011	29/04/2011	French	PDF
Abridged model	30/09/2009	12/05/2010	01/07/2011	French	PDF
Abridged model	30/09/2008	13/02/2009	30/04/2009	French	PDF
Abridged model	30/09/2007	21/02/2008	31/03/2009	French	PDF
Abridged model	30/09/2006	15/02/2007	30/03/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/03/2025 · 3 active · 12 ended

Active mandates

Jean-Luc GOVAERTS

Managing director · since 05 décembre 2023

Active

JLG 21 IMMO

Director · since 05 décembre 2023 · 0890.757.631

Active

Sergio ORDONEZ COFRE

Managing director · since 05 décembre 2023

Active

Ended mandates

Jean-Luc GOVAERTS

Mandate

Ended

Jean-Luc GOVAERTS

Director

Ended

Jean-Luc GOVAERTS

Managing director

Ended

JLG 21 IMMO

Director · 0890.757.631

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates01/03/2023
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates08/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates25/11/2016
DEMISSIONS, NOMINATIONS
PDF
Other16/10/2015
ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates24/06/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates24/06/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates24/09/2013
DEMISSIONS, NOMINATIONS
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 2025-113,4 €↑
2024
Annual accounts 2024-25,5 k €↑
2023
Annual accounts 2023-27,5 k €↓
2022
Annual accounts 202240,3 k €↓
2021
Annual accounts 2021108,2 k €↑
2020
Annual accounts 202054,1 k €↑
2019
Annual accounts 201910,8 k €↓
2018
Annual accounts 201865,7 k €↓
2017
Annual accounts 2017128,6 k €↓
2016
Annual accounts 2016225,4 k €↑
2014
Annual accounts 2014131,1 k €↑
2013
Annual accounts 201393 k €↑
2012
Annual accounts 201222,2 k €↓
2011
Annual accounts 201122,4 k €↑
2010
Annual accounts 20101,9 k €↑
2009
Annual accounts 2009-23,2 k €
09/10/2001
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

TAN

Overview

What does TAN do?

Trend over 16 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