ACTIVE

Tunal

Financial year 2025 · closed on 30/12/2025
Net result
70 k €
-93.2% YoY
Equity
94,5 k €
+286.2% YoY

What does Tunal do?

Tunal is a Public limited company incorporated in 2016. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Hooglede.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0656.841.438
Incorporation
21/06/2016
Legal form
Public limited company
Registered office
Bruggesteenweg 360
8830 Hooglede · FlandreSee on map
Contributed capital
650 000,00 €
Latest accounts
30/12/2025
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202220212020201920182017
Income statement
Revenue2,5 M €3 M €2,1 M €1,7 M €2,5 M €1,9 M €2,3 M €
EBITDA-16 k €1,2 M €63,9 k €-86,7 k €-434,6 k €-419,8 k €-609,6 k €-1,6 M €
Operating result69 k €1,3 M €-1,4 M €-131,5 k €-503,5 k €-571,2 k €-733,9 k €-2,7 M €
Net result70 k €1 M €-1,5 M €-157,9 k €-516,9 k €-607,8 k €-824,8 k €-2,9 M €
Balance sheet
Equity94,5 k €24,5 k €-1 M €479,9 k €-62,2 k €454,7 k €312,5 k €-2,1 M €
Total assets118 k €101,4 k €2,6 M €2,1 M €1,4 M €1,3 M €2 M €2,1 M €
Cash105 k €83,4 k €129,3 k €99 k €106,1 k €83,7 k €102,6 k €32,1 k €
Debts23,5 k €66,9 k €3,1 M €1,6 M €1,5 M €859,8 k €1,7 M €4,1 M €
Other
Workforce3,5 ETP13,0 ETP12,0 ETP13,0 ETP11,8 ETP11,6 ETP8,0 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 30/12/2025 · 4 active · 20 ended

Active mandates

Beneconsult

Director · since 17 novembre 2025 · 0645.880.141

Represented by Francis Van Eeckhout

Active
STEFAAN HASPESLAGH

Director · since 23 juin 2025 · until 17 novembre 2025 · 1009.937.472

Represented by Stefaan Haspeslagh

Active
Eline Dujardin

Director · since 29 février 2024 · until 23 juin 2025

Active
EMVECO

Director · since 18 janvier 2021 · until 14 mai 2029 · 0760.428.530

Represented by Serge Piceu

Active

Ended mandates

Value Coaching

Director · since 09 mai 2022 · until 30 juin 2023 · 0777.726.303

Represented by Luc Vankemmelbeke

Ended
Value Coaching

Director · since 09 mai 2022 · until 30 septembre 2023 · 0777.726.303

Represented by Luc Vankemmelbeke

Ended
HumbleBee Partners

Director · since 01 janvier 2022 · until 09 mai 2022 · 0723.446.487

Represented by Bruno Humblet

Ended
HumbleBee Partners

Director · since 01 janvier 2022 · until 29 février 2024 · 0723.446.487

Represented by Bruno Humblet

Ended
At this address

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Annual accounts

Full financial information

202520242022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year31/12/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/12/202530/12/202431/12/202231/12/202131/12/202031/12/2019
Length of the financial year13 months24 months12 months12 months12 months12 months
Filing date12/05/202627/06/202524/07/202317/05/202218/05/202119/05/2020
General meeting11/05/202623/06/202520/07/202309/05/202210/05/202111/05/2020
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/12/202511/05/202612/05/2026DutchPDF
Full model30/12/202423/06/202527/06/2025DutchPDF
Full model31/12/202220/07/202324/07/2023DutchPDF
Full model31/12/202109/05/202217/05/2022DutchPDF
Full model31/12/202010/05/202118/05/2021DutchPDF
Full model31/12/201911/05/202019/05/2020DutchPDF
Full model31/12/201823/05/201903/06/2019DutchPDF
Full model31/12/201714/05/201804/06/2018DutchPDF
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 30/12/2025 · 4 active · 20 ended

Active mandates

Beneconsult

Director · since 17 novembre 2025 · 0645.880.141

Represented by Francis Van Eeckhout

Active
STEFAAN HASPESLAGH

Director · since 23 juin 2025 · until 17 novembre 2025 · 1009.937.472

Represented by Stefaan Haspeslagh

Active
Eline Dujardin

Director · since 29 février 2024 · until 23 juin 2025

Active
EMVECO

Director · since 18 janvier 2021 · until 14 mai 2029 · 0760.428.530

Represented by Serge Piceu

Active

Ended mandates

Value Coaching

Director · since 09 mai 2022 · until 30 juin 2023 · 0777.726.303

Represented by Luc Vankemmelbeke

Ended
Value Coaching

Director · since 09 mai 2022 · until 30 septembre 2023 · 0777.726.303

Represented by Luc Vankemmelbeke

Ended
HumbleBee Partners

Director · since 01 janvier 2022 · until 09 mai 2022 · 0723.446.487

Represented by Bruno Humblet

Ended
HumbleBee Partners

Director · since 01 janvier 2022 · until 29 février 2024 · 0723.446.487

Represented by Bruno Humblet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/01/2024
    DIVERSEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates01/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2022
    ONTSLAGEN - BENOEMINGEN
    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. 2025
    Annual accounts 202570 k €
  2. 2024
    Annual accounts 20241 M €
  3. 2022
    Annual accounts 2022-1,5 M €
  4. 2021
    Annual accounts 2021-157,9 k €
  5. 2020
    Annual accounts 2020-516,9 k €
  6. 2019
    Annual accounts 2019-607,8 k €
  7. 2018
    Annual accounts 2018-824,8 k €
  8. 2017
    Annual accounts 2017-2,9 M €
  9. 21/06/2016
    IncorporationPublic limited company