ACTIVE

TEC

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Financial year 2025 · Closed on 31/12/2025

Net result759 k €+188,3 %over 1 year

Revenue38,6 M €-6,3 %over 1 year

Equity3,6 M €+26,8 %over 1 year

Workforce221,1 ETP-8,2 %over 1 year

Identity

Source · BCE/KBO

TEC is a Public limited company incorporated in 2002. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Antwerpen. It employs on average 221,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0477.750.833
Incorporation: 14/06/2002
Legal form: Public limited company
Registered office: Rijnkaai 100 box c14
2000 Antwerpen · FlandreSee on map
Contributed capital: 174 000,00 €
Latest accounts: 31/12/2025
Average workforce: 221,1 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	38,6 M €	-6.3%	41,2 M €	-6.3%	43,9 M €	+8.0%	40,7 M €	+12.7%	36,1 M €
EBITDA	2,3 M €	+254%	640,9 k €	-32.7%	952,9 k €	-40.3%	1,6 M €	-8.8%	1,8 M €
Operating result	1,8 M €	+11571%	15,3 k €	-95.5%	336,3 k €	-65.9%	985,2 k €	-14.8%	1,2 M €
Net result	759 k €	+188%	-859,5 k €	-155%	-337 k €	-244%	233,6 k €	-34.2%	354,9 k €
Balance sheet
Equity	3,6 M €	+26.8%	2,8 M €	-23.3%	3,7 M €	-8.4%	4 M €	+6.2%	3,8 M €
Total assets	9,2 M €	+15.0%	8 M €	-14.6%	9,4 M €	-13.2%	10,8 M €	-38.7%	17,6 M €
Cash	1,3 M €	+458%	230,4 k €	-87.3%	1,8 M €	+803%	200,2 k €	+93.5%	103,4 k €
Debts	5,4 M €	+5.6%	5,1 M €	-8.8%	5,6 M €	-16.1%	6,7 M €	-49.3%	13,2 M €
Other
Workforce	221,1 ETP	-8.2%	240,9 ETP	+2.6%	234,8 ETP	+8.2%	217,0 ETP	+6.5%	203,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wesley Decorte	Managing director27/11/2019 → 05/06/2031Director27/11/2019 → 2022 accountsended
ANDREA BELCO SPRL0600.965.676Represented by Florian Massaux	Director02/02/2024 → 06/06/2030
House of HR0643.887.978Represented by Rika Coppens	Director20/09/2018 → 06/06/2030
Leen Geirnaerdt	Director02/02/2024 → 06/06/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ACCENT GROUP0846.963.913Represented by Andres Cano Megias	Director20/09/2018 → 2021 accounts
GRITT0661.737.265Represented by Diederik Sohier	Director20/09/2018 → 2023 accounts

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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	14/07/2026	08/07/2025	26/06/2024	20/06/2023	28/06/2022	18/06/2021
General meeting	18/06/2026	30/06/2025	06/06/2024	01/06/2023	02/06/2022	03/06/2021
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	18/06/2026	14/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	08/07/2025	Dutch	PDF
Full model	31/12/2023	06/06/2024	26/06/2024	Dutch	PDF
Full model	31/12/2022	01/06/2023	20/06/2023	Dutch	PDF
Full model	31/12/2021	02/06/2022	28/06/2022	Dutch	PDF
Full model	31/12/2020	03/06/2021	18/06/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	16/07/2020	Dutch	PDF
Full model	31/12/2018	06/06/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	07/06/2018	25/06/2018	Dutch	PDF
Full model	31/12/2016	08/06/2017	06/07/2017	Dutch	PDF
Full model	31/12/2015	10/06/2016	26/07/2016	Dutch	PDF
Full model	31/12/2014	12/06/2015	03/07/2015	Dutch	PDF
Full model	31/12/2013	23/06/2014	25/07/2014	Dutch	PDF
Full model	31/12/2012	06/06/2013	01/07/2013	Dutch	PDF
Full model	31/12/2011	07/06/2012	20/08/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	27/07/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	24/04/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	07/06/2007	28/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

4 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wesley Decorte	Managing director27/11/2019 → 05/06/2031Director27/11/2019 → 2022 accountsended
ANDREA BELCO SPRL0600.965.676Represented by Florian Massaux	Director02/02/2024 → 06/06/2030
House of HR0643.887.978Represented by Rika Coppens	Director20/09/2018 → 06/06/2030
Leen Geirnaerdt	Director02/02/2024 → 06/06/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ACCENT GROUP0846.963.913Represented by Andres Cano Megias	Director20/09/2018 → 2021 accounts
GRITT0661.737.265Represented by Diederik Sohier	Director20/09/2018 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/03/2024
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates06/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring09/11/2021
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office05/06/2020
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring25/02/2020
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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

Filings17 filings

Mandates

Wesley Decorte

ANDREA BELCO SPRL

House of HR

Leen Geirnaerdt

GRITT

ACCENT GROUP

ACCENT Jobs For People

NRG Consult

HUMAN CAPITAL INVESTMENTS

RABELCO

Jef RYMEN

GESTEL

Show the 5 other mandates

200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

TEC

Rijnkaai 100 bte c14, 2000 Antwerp

Managing directorDirector

Director

DirectorManaging director

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rijnkaai 100 bte c14, 2000 AntwerpCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00291878

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TECCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00291878

Events

2025
Annual accounts 2025759 k €↑
2024
Annual accounts 2024-859,5 k €↓
2023
Annual accounts 2023-337 k €↓
2022
Annual accounts 2022233,6 k €↓
2021
Annual accounts 2021354,9 k €↓
2019
Annual accounts 20191,3 M €↓
2017
Annual accounts 20171,7 M €↓
2016
Annual accounts 20161,9 M €↑
2015
Annual accounts 2015623,3 k €↓
2014
Annual accounts 2014813,1 k €↓
2013
Annual accounts 20131 M €↑
2012
Annual accounts 2012994,3 k €↑
2011
Annual accounts 2011459,9 k €↑
2010
Annual accounts 2010280 k €↓
2009
Annual accounts 2009384,8 k €↓
2007
Annual accounts 2007642,1 k €↑
2006
Annual accounts 2006396,1 k €
14/06/2002
IncorporationPublic limited company

TEC

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