ACTIVE

TULP

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Financial year 2025 · closed on 31/12/2025

Net result

10,6 k €

-6.6% YoY

Gross margin

115,3 k €

-12.3% YoY

Equity

110,2 k €

+10.6% YoY

What does TULP do?

TULP is a Private limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.790.803

Incorporation

17/03/2003

Legal form

Private limited company

Registered office

Sint-Jansplein 32
2060 Antwerpen · FlandreSee on map

Contributed capital

28 933,67 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Signals

ProfitablePositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	115,3 k €	-12.3%	131,5 k €	-4.9%	138,2 k €	-15.2%	163,0 k €	+0.7%	161,9 k €	-1.1%	163,7 k €	+2.0%	160,6 k €	+3.7%	154,8 k €	-5.9%	164,4 k €	-6.7%	176,3 k €	+6.3%	165,9 k €	-3.0%	170,9 k €	-16.4%	204,4 k €	+17.9%	173,4 k €	-5.5%	183,5 k €	+11.6%	164,4 k €	-12.7%	188,4 k €	+494%	31,7 k €	+14.6%	27,7 k €	-0.2%	27,7 k €
EBITDA	99,0 k €	-8.2%	107,8 k €	-8.1%	117,4 k €	-17.6%	142,5 k €	+1.0%	141,0 k €	-2.0%	143,9 k €	+5.6%	136,3 k €	-0.4%	136,9 k €	-7.0%	147,1 k €	-7.4%	158,9 k €	+7.0%	148,6 k €	-3.3%	153,7 k €	-16.8%	184,7 k €	+18.2%	156,3 k €	-6.7%	167,6 k €	+12.6%	148,8 k €	-14.0%	173,2 k €	+567%	26,0 k €	+13.1%	23,0 k €	+1.2%	22,7 k €
Operating result	37,5 k €	-19.1%	46,4 k €	-9.4%	51,2 k €	-26.0%	69,2 k €	+2.2%	67,8 k €	-4.1%	70,7 k €	+12.2%	63,0 k €	-1.0%	63,6 k €	-13.8%	73,8 k €	-13.8%	85,7 k €	+13.7%	75,3 k €	-6.7%	80,7 k €	-27.7%	111,7 k €	+36.8%	81,7 k €	-13.6%	94,6 k €	+22.3%	77,3 k €	-24.0%	101,7 k €	+1153%	8,1 k €	-27.2%	11,2 k €	+2.6%	10,9 k €
Net result	10,6 k €	-6.6%	11,3 k €	-3.6%	11,7 k €	-44.1%	21,0 k €	+31.9%	15,9 k €	+12.5%	14,2 k €	+230%	4,3 k €	+491%	726,7 €	-89.0%	6,6 k €	-60.6%	16,7 k €	+378%	3,5 k €	-24.6%	4,6 k €	-85.4%	31,8 k €	+491%	-8,1 k €	-640%	1,5 k €	+109%	-16,2 k €	-621%	3,1 k €	+114%	-21,7 k €	-1510%	1,5 k €	+136%	653,4 €
Balance sheet
Equity	110,2 k €	+10.6%	99,7 k €	-13.0%	114,5 k €	+11.4%	102,8 k €	+25.7%	81,8 k €	+24.2%	65,8 k €	+27.4%	51,7 k €	+9.1%	47,4 k €	+1.6%	46,7 k €	+16.4%	40,1 k €	+71.5%	23,4 k €	+17.6%	19,9 k €	+30.5%	15,2 k €	+192%	-16,6 k €	-96.2%	-8,4 k €	+15.1%	-9,9 k €	-259%	6,3 k €	+98.7%	3,1 k €	-87.4%	24,9 k €	+6.6%	23,4 k €
Total assets	639,8 k €	-10.4%	714,2 k €	-15.0%	840,6 k €	-8.1%	914,6 k €	-6.6%	978,9 k €	-6.0%	1,0 M €	-2.1%	1,1 M €	-8.0%	1,2 M €	-5.2%	1,2 M €	-3.8%	1,3 M €	-7.8%	1,4 M €	-5.8%	1,5 M €	-5.3%	1,5 M €	-6.2%	1,6 M €	-2.9%	1,7 M €	-4.3%	1,8 M €	-1.7%	1,8 M €	-4.7%	1,9 M €	+798%	210,4 k €	-5.9%	223,7 k €
Cash	6,0 k €	+507%	986,8 €	+1871%	50,1 €	-98.9%	4,5 k €	-18.2%	5,6 k €	+514%	903,6 €	-72.6%	3,3 k €	+956%	312,3 €	-94.1%	5,3 k €	-66.7%	15,9 k €	+954%	1,5 k €	-84.8%	10,0 k €	-41.4%	17,0 k €	+490%	2,9 k €	-81.1%	15,3 k €	+81.6%	8,4 k €	+44.0%	5,8 k €	-79.2%	28,0 k €	+976%	2,6 k €	-35.6%	4,0 k €
Debts	529,6 k €	-13.8%	614,5 k €	-15.4%	726,1 k €	-10.6%	811,8 k €	-9.5%	897,1 k €	-8.1%	975,9 k €	-3.6%	1,0 M €	-8.7%	1,1 M €	-5.5%	1,2 M €	-4.4%	1,2 M €	-9.2%	1,4 M €	-6.2%	1,4 M €	-5.1%	1,5 M €	-8.3%	1,7 M €	-2.2%	1,7 M €	-4.9%	1,8 M €	-0.8%	1,8 M €	-4.3%	1,9 M €	+917%	184,5 k €	-7.4%	199,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Salih Özmen

Director

Active

Ended mandates

Özcan Ûnlü

Manager · since 17 mars 2003

Ended

Salih Özmen

Manager · since 17 mars 2003

Ended

Salih Özmen

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Micro 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	15/07/2026	30/06/2025	01/07/2024	01/09/2023	30/06/2022	26/07/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	15/07/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	01/07/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	30/06/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	26/07/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	08/10/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	30/05/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	24/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	21/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	25/05/2008	22/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 1 active · 3 ended

Active mandates

Salih Özmen

Director

Active

Ended mandates

Özcan Ûnlü

Manager · since 17 mars 2003

Ended

Salih Özmen

Manager · since 17 mars 2003

Ended

Salih Özmen

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/01/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring05/11/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates06/04/2009
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/06/2004
MAATSCHAPPELIJKE ZETEL
PDF
Other25/03/2003
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 202510,6 k €↓
2024
Annual accounts 202411,3 k €↓
2023
Annual accounts 202311,7 k €↓
2022
Annual accounts 202221,0 k €↑
2021
Annual accounts 202115,9 k €↑
2020
Annual accounts 202014,2 k €↑
2019
Annual accounts 20194,3 k €↑
2018
Annual accounts 2018726,7 €↓
2017
Annual accounts 20176,6 k €↓
2016
Annual accounts 201616,7 k €↑
2015
Annual accounts 20153,5 k €↓
2014
Annual accounts 20144,6 k €↓
2013
Annual accounts 201331,8 k €↑
2012
Annual accounts 2012-8,1 k €↓
2011
Annual accounts 20111,5 k €↑
2010
Annual accounts 2010-16,2 k €↓
2009
Annual accounts 20093,1 k €↑
2008
Annual accounts 2008-21,7 k €↓
2007
Annual accounts 20071,5 k €↑
2006
Annual accounts 2006653,4 €
17/03/2003
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

TULP

Overview

What does TULP do?

Trend over 20 financial years

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