ACTIVE

Tita-Link

Financial year 2024 · closed on 31/12/2024
Net result
158,5 k €
+79.5% YoY
Gross margin
372,7 k €
+22.2% YoY
Equity
325,1 k €
+2.7% YoY
Workforce
1,0 ETP
0.0% YoY

What does Tita-Link do?

Tita-Link is a Private limited company incorporated in 2015. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Woluwe-Saint-Pierre. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0635.722.756
Incorporation
24/08/2015
Legal form
Private limited company
Registered office
Avenue de Hinnisdael 2
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Contributed capital
295 546,46 €
Latest accounts
31/12/2024
Average workforce
1,0 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202420232022202120202019201720162015
Income statement
Gross margin372,7 k €305 k €508,1 k €338,8 k €233,5 k €365,5 k €308,9 k €467 k €316,7 k €
EBITDA260 k €165,8 k €437,9 k €236,9 k €185,5 k €307,7 k €269,2 k €429,9 k €297,4 k €
Operating result229,4 k €135,7 k €422,5 k €229,7 k €168,5 k €279,8 k €248,5 k €419,9 k €296,4 k €
Net result158,5 k €88,3 k €300,2 k €171,7 k €115 k €198,8 k €160,4 k €278,3 k €198 k €
Balance sheet
Equity325,1 k €316,5 k €528,2 k €528 k €656,3 k €641,3 k €3,2 M €3,2 M €3,2 M €
Total assets1,6 M €1,5 M €1,5 M €1,1 M €928,6 k €838,1 k €3,6 M €3,8 M €3,7 M €
Cash274,5 k €647,4 k €581,2 k €485 k €278,6 k €231 k €163,6 k €723,5 k €759,1 k €
Debts1,3 M €1,2 M €986,4 k €564,5 k €270,9 k €195,5 k €416,9 k €592,1 k €527,8 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,6 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 7 ended

Active mandates

HERMELINE

Managing director · 0888.093.297

Represented by Hugo DE CLERCK

Active
Hildegarde TIMMERMAN

Director

Active

Ended mandates

HERMELINE

Managing director · since 01 août 2016 · 0888.093.297

Represented by Hugo DE CLERCK

Ended
HERMELINE

Manager · since 01 août 2016 · 0888.093.297

Represented by Hugo DE CLERCK

Ended
Hugo DE CLERCK

Director · since 31 juillet 2015 · until 15 juillet 2020

Ended
HERMELINE

Managing director · 0888.093.297

Represented by Hugo DE CLERCK

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202530/09/202425/09/202330/09/202231/08/202126/08/2020
General meeting22/09/202528/08/202402/09/202326/09/202223/08/202105/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202422/09/202530/09/2025DutchPDF
Abridged model31/12/202328/08/202430/09/2024DutchPDF
Abridged model31/12/202202/09/202325/09/2023DutchPDF
Abridged model31/12/202126/09/202230/09/2022DutchPDF
Abridged model31/12/202023/08/202131/08/2021DutchPDF
Abridged model31/12/201905/06/202026/08/2020DutchPDF
Abridged model31/12/201817/09/201923/09/2019DutchPDF
Abridged model31/12/201701/06/201804/06/2018DutchPDF
Abridged model31/12/201621/08/201731/08/2017DutchPDF
Abridged model31/12/201530/06/201631/08/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024 · 2 active · 7 ended

Active mandates

HERMELINE

Managing director · 0888.093.297

Represented by Hugo DE CLERCK

Active
Hildegarde TIMMERMAN

Director

Active

Ended mandates

HERMELINE

Managing director · since 01 août 2016 · 0888.093.297

Represented by Hugo DE CLERCK

Ended
HERMELINE

Manager · since 01 août 2016 · 0888.093.297

Represented by Hugo DE CLERCK

Ended
Hugo DE CLERCK

Director · since 31 juillet 2015 · until 15 juillet 2020

Ended
HERMELINE

Managing director · 0888.093.297

Represented by Hugo DE CLERCK

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring03/08/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/05/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/07/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring01/06/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates15/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/01/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/09/2015
    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

Timeline

  1. 2024
    Annual accounts 2024158,5 k €
  2. 2023
    Annual accounts 202388,3 k €
  3. 2022
    Annual accounts 2022300,2 k €
  4. 2021
    Annual accounts 2021171,7 k €
  5. 2020
    Annual accounts 2020115 k €
  6. 2019
    Annual accounts 2019198,8 k €
  7. 2017
    Annual accounts 2017160,4 k €
  8. 2016
    Annual accounts 2016278,3 k €
  9. 2015
    Annual accounts 2015198 k €
  10. 24/08/2015
    IncorporationPrivate limited company