ACTIVE

TIBEFLEX

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

150,2 k €

+7795.1% YoY

Gross margin

307,1 k €

+219.8% YoY

Equity

285,1 k €

+11.8% YoY

Workforce

0,5 ETP

What does TIBEFLEX do?

TIBEFLEX is a Private limited company incorporated in 2002. Its main activity is: Joinery installation. Its registered office is in Gent. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.160.501

Incorporation

27/12/2002

Legal form

Private limited company

Registered office

Nijverheidskaai 12
9040 Gent · FlandreSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2025

Average workforce

0,5 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45422Sale, maintenance and repair of motorcycles and related parts and accessories 25120Manufacture of doors and windows of metal 25120Manufacture of doors and windows of metal 25401Manufacture of weapons and ammunition+12

Joint committees (2)

14904
201

Contacts

2 public details availableLog in to view

Signals

ProfitableGood 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

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	307,1 k €	+220%	96 k €	-74.4%	375,5 k €	+62.0%	231,7 k €	-31.0%	335,7 k €	+45.3%	231,1 k €	+26.0%	183,3 k €	+85.3%	98,9 k €	+18.6%	83,5 k €	-43.9%	148,7 k €	-2.0%	151,7 k €	+16.0%	130,8 k €	+33.7%	97,8 k €	+5.7%	92,5 k €	-22.8%	119,8 k €	+7.1%	111,8 k €	+6.8%	104,7 k €
EBITDA	301,5 k €	+234%	90,2 k €	-75.6%	369,6 k €	+72.7%	214 k €	-29.8%	305 k €	+48.5%	205,4 k €	+29.8%	158,2 k €	+129%	69,1 k €	+8.2%	63,9 k €	+24.3%	51,4 k €	-2.4%	52,6 k €	+8.5%	48,5 k €	+19.0%	40,8 k €	+28.1%	31,8 k €	-40.8%	53,8 k €	+4.5%	51,4 k €	+39.9%	36,8 k €
Operating result	227 k €	+1061%	19,6 k €	-93.5%	300,3 k €	+95.7%	153,4 k €	-38.5%	249,3 k €	+62.1%	153,7 k €	+54.9%	99,3 k €	+805%	11 k €	-8.1%	11,9 k €	+32.2%	9 k €	-30.5%	13 k €	+79.0%	7,3 k €	-29.8%	10,4 k €	+741%	1,2 k €	-95.5%	27,5 k €	+9.1%	25,2 k €	+4.2%	24,2 k €
Net result	150,2 k €	+7795%	1,9 k €	-99.2%	225,7 k €	+124%	100,7 k €	-51.2%	206,4 k €	+64.0%	125,9 k €	+54.7%	81,4 k €	+2141%	3,6 k €	-47.7%	6,9 k €	+106%	3,4 k €	+187%	1,2 k €	+133%	502 €	+364%	108,1 €	-89.1%	991 €	-90.4%	10,4 k €	-35.7%	16,1 k €	-11.4%	18,2 k €
Balance sheet
Equity	285,1 k €	+11.8%	255 k €	+0.8%	253,1 k €	+0.2%	252,5 k €	+0.3%	251,8 k €	+73.2%	145,4 k €	+0.6%	144,5 k €	-2.5%	148,2 k €	+2.5%	144,5 k €	+5.0%	137,6 k €	+2.5%	134,2 k €	+0.9%	133,1 k €	+0.4%	132,6 k €	+0.1%	132,5 k €	+0.8%	131,5 k €	-10.0%	146,1 k €	+12.4%	130 k €
Total assets	1,5 M €	+16.1%	1,3 M €	+20.9%	1,1 M €	+6.7%	1 M €	-10.1%	1,1 M €	+51.7%	739,2 k €	-14.1%	860,1 k €	+20.2%	715,3 k €	+21.3%	589,7 k €	+18.1%	499,5 k €	-7.5%	539,8 k €	+0.5%	537,1 k €	+5.2%	510,7 k €	+22.3%	417,5 k €	-38.5%	679 k €	+4.7%	648,4 k €	+86.7%	347,2 k €
Cash	6,2 k €	-93.4%	93,4 k €	+813%	10,2 k €	-59.5%	25,2 k €	-24.1%	33,3 k €	+1777%	1,8 k €	-84.0%	11,1 k €	-52.6%	23,4 k €	+1.9%	23 k €	-31.0%	33,3 k €	+4.7%	31,8 k €	+36.2%	23,3 k €	-72.5%	84,8 k €	+248%	24,4 k €	-82.6%	140 k €	+6.3%	131,7 k €	+130%	57,3 k €
Debts	1,1 M €	+24.6%	843,9 k €	+15.4%	731,1 k €	+15.3%	634,2 k €	-12.2%	722,7 k €	+68.7%	428,4 k €	-30.4%	615,9 k €	+19.9%	513,7 k €	+32.2%	388,7 k €	+36.5%	284,8 k €	-16.7%	341,8 k €	-0.3%	342,8 k €	+9.1%	314,3 k €	+29.6%	242,6 k €	-50.0%	485,1 k €	+11.8%	433,9 k €	+145%	177,2 k €
Other
Workforce	0,5 ETP		–		–		0,2 ETP	-80.0%	1,0 ETP	0.0%	1,0 ETP	+11.1%	0,9 ETP	-30.8%	1,3 ETP	-13.3%	1,5 ETP	-53.1%	3,2 ETP	+10.3%	2,9 ETP	+3.6%	2,8 ETP	+33.3%	2,1 ETP	0.0%	2,1 ETP	+16.7%	1,8 ETP	0.0%	1,8 ETP	+5.9%	1,7 ETP

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 31/12/2025 · 2 active · 2 ended

Active mandates

Jean tiberghien

Director

Active

Kendall tiberghien

Director

Active

Ended mandates

Filip tiberghien

Manager

Ended

Jean tiberghien

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
tiberghien Gebroeders● Active	0426.805.146
TIBIMMO● Active	0442.076.411
Tibinvest● Active	0464.850.328
TIBYCO Consulting & Services● Active	0437.423.280
TRG Invest● Active	0672.902.064

Annual accounts

Full financial information

	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	09/09/2026	29/09/2025	15/09/2024	09/10/2023	16/10/2022	30/08/2021
General meeting	16/05/2026	17/05/2025	18/05/2024	15/05/2023	21/04/2022	15/05/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/05/2026	09/09/2026	Dutch	PDF
Abridged model	31/12/2024	17/05/2025	29/09/2025	Dutch	PDF
Abridged model	31/12/2023	18/05/2024	15/09/2024	Dutch	PDF
Abridged model	31/12/2022	15/05/2023	09/10/2023	Dutch	PDF
Abridged model	31/12/2021	21/04/2022	16/10/2022	Dutch	PDF
Abridged model	31/12/2020	15/05/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	23/05/2020	12/11/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	04/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	04/08/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	14/08/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	20/08/2016	Dutch	PDF
Abridged model	31/12/2014	23/05/2015	09/08/2015	Dutch	PDF
Abridged model	31/12/2013	24/05/2014	16/08/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	22/09/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	15/10/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	16/08/2011	Dutch	PDF
Abridged model	31/12/2009	22/05/2010	14/08/2010	Dutch	PDF
Abridged model	31/12/2008	23/05/2009	20/08/2009	Dutch	PDF
Abridged model	31/12/2007	24/05/2008	18/09/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	25/09/2007	Dutch	PDF

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 31/12/2025 · 2 active · 2 ended

Active mandates

Jean tiberghien

Director

Active

Kendall tiberghien

Director

Active

Ended mandates

Filip tiberghien

Manager

Ended

Jean tiberghien

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/09/2026
ADRES ANDERS DAN DE ZETEL, ONTSLAGEN, BENOEMINGEN
PDF
Capital / shares26/11/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates30/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Other08/01/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025150,2 k €↑
2024
Annual accounts 20241,9 k €↓
2023
Annual accounts 2023225,7 k €↑
2022
Annual accounts 2022100,7 k €↓
2021
Annual accounts 2021206,4 k €↑
2020
Annual accounts 2020125,9 k €↑
2019
Annual accounts 201981,4 k €↑
2018
Annual accounts 20183,6 k €↓
2017
Annual accounts 20176,9 k €↑
2016
Annual accounts 20163,4 k €↑
2015
Annual accounts 20151,2 k €↑
2014
Annual accounts 2014502 €↑
2013
Annual accounts 2013108,1 €↓
2012
Annual accounts 2012991 €↓
2011
Annual accounts 201110,4 k €↓
2010
Annual accounts 201016,1 k €↓
2009
Annual accounts 200918,2 k €
27/12/2002
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

TIBEFLEX

Overview

What does TIBEFLEX do?

Trend over 17 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