NORMAL SITUATION

T&T EN QUIRYNEN INSURANCE

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Company — Normal situation.

Financial year 2023 · Closed on 31/12/2023

Net result130,7 k €-36,9 %over 1 year
Gross margin863,4 k €-15,2 %over 1 year
Equity443,9 k €-4,2 %over 1 year
Workforce7,8 ETP+4,0 %over 1 year

Identity

Source · BCE/KBO

T&T EN QUIRYNEN INSURANCE is a company registered in Belgium. It employs on average 7,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0551.974.837
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2023
Average workforce
7,8 ETP
Joint committees (1)
  • 307
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20232022202120202019
Income statement
Gross margin863,4 k €1 M €883,6 k €851,3 k €798,8 k €
EBITDA312,4 k €497,7 k €416,6 k €419,6 k €415,3 k €
Operating result131 k €332,4 k €220,6 k €221,3 k €183,7 k €
Net result130,7 k €207,2 k €98,7 k €103,1 k €62,8 k €
Balance sheet
Equity443,9 k €463,2 k €256 k €157,3 k €54,1 k €
Total assets2,1 M €1,8 M €1,3 M €1,3 M €1,4 M €
Cash67,3 €129,8 k €280,6 k €157,8 k €73,1 k €
Debts1,1 M €913,7 k €983,2 k €1,1 M €1,3 M €
Other
Workforce7,8 ETP7,5 ETP7,6 ETP6,7 ETP–

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 5 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Hillewaere Holding0843.053.427Represented by Roel Druyts
Directorsince 21/03/2022
00
MAXALEX0740.690.020Represented by Tom Van Daele
Directorsince 02/01/2020
TVS Consult0740.551.844Represented by Tim Vansweevelt
Directorsince 02/01/2020

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Hillewaere Holding0843.053.427Represented by Roel Druyts
Directorsince 21/03/2022
00
Tim Vansweevelt
Manager06/05/2014 → 02/01/2020
000
Tim Vansweevelt
Managersince 06/05/2014
000
Tom Van Daele
Manager06/05/2014 → 02/01/2020
000

Full financial information

Source · NBB
202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/06/202429/09/202331/08/202226/07/202117/07/202017/06/2019
General meeting25/06/202421/09/202330/06/202211/06/202112/06/202014/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202325/06/202428/06/2024DutchPDF
Abridged model31/12/202221/09/202329/09/2023DutchPDF
Abridged model31/12/202130/06/202231/08/2022DutchPDF
Abridged model31/12/202011/06/202126/07/2021DutchPDF
Micro model31/12/201912/06/202017/07/2020DutchPDF
Micro model31/12/201814/06/201917/06/2019DutchPDF
Micro model31/12/201708/06/201811/06/2018DutchPDF
Abridged model31/12/201609/06/201713/06/2017DutchPDF
Abridged model31/12/201510/06/201610/06/2016DutchPDF

Indicative valuation

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.

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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 31/12/2023

3 active · 5 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Hillewaere Holding0843.053.427Represented by Roel Druyts
Directorsince 21/03/2022
00
MAXALEX0740.690.020Represented by Tom Van Daele
Directorsince 02/01/2020
TVS Consult0740.551.844Represented by Tim Vansweevelt
Directorsince 02/01/2020

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Hillewaere Holding0843.053.427Represented by Roel Druyts
Directorsince 21/03/2022
00
Tim Vansweevelt
Manager06/05/2014 → 02/01/2020
000
Tim Vansweevelt
Managersince 06/05/2014
000
Tom Van Daele
Manager06/05/2014 → 02/01/2020
000

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution20/08/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring10/06/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates28/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring28/06/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring20/04/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office18/10/2017
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023130,7 k €↓
  2. 2022
    Annual accounts 2022207,2 k €↑
  3. 2021
    Annual accounts 202198,7 k €↓
  4. 2020
    Annual accounts 2020103,1 k €↑
  5. 2019
    Annual accounts 201962,8 k €↓
  6. 2018
    Annual accounts 2018127,4 k €↑
  7. 2017
    Annual accounts 201721,6 k €↓
  8. 2016
    Annual accounts 201632,7 k €↑
  9. 2015
    Annual accounts 2015-69 k €