ACTIVE

Tunnelweg 20

Financial year 2025 · Closed on 31/12/2025

Net result33,3 k €-5,9 %over 1 year
Gross margin180,6 k €-2,5 %over 1 year
Equity433,7 k €+8,3 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

Tunnelweg 20 is a Public limited company incorporated in 2017. Its registered office is in Niel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0675.983.003
Incorporation
24/05/2017
Legal form
Public limited company
Registered office
Tunnelweg 20
2845 Niel · FlandreSee on map
Contributed capital
200 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin180,6 k €185,3 k €189,1 k €152,3 k €157 k €
EBITDA162,9 k €168,1 k €172,6 k €137,3 k €141,9 k €
Operating result101 k €106,8 k €111,2 k €76,2 k €78,5 k €
Net result33,3 k €35,4 k €63,6 k €37,5 k €38,8 k €
Balance sheet
Equity433,7 k €400,4 k €364,9 k €301,3 k €263,8 k €
Total assets1,7 M €1,7 M €1,7 M €1,7 M €1,7 M €
Cash262,9 k €239,8 k €170,1 k €94,8 k €112,3 k €
Debts1,2 M €1,2 M €1,3 M €1,3 M €1,4 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Johan-Detlef Dubbelboer
Managing director19/05/2017 → 27/05/2028Director19/05/2017 → 2021 accountsended
Wolter Zandberg
Managing director19/05/2017 → 27/05/2028Director19/05/2017 → 2021 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Johan Detlef Dubbelboer
Director19/05/2017 → 2020 accountsManaging director19/05/2017 → 2019 accounts

Other companies at this address

Tunnelweg 20 2845 Niel
CompanyCBE no.
STAXS Belgium● Active
0436.417.351

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/06/202613/06/202527/06/202427/06/202316/06/202207/06/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
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 model31/12/202529/05/202601/06/2026DutchPDF
Abridged model31/12/202430/05/202513/06/2025DutchPDF
Abridged model31/12/202331/05/202427/06/2024DutchPDF
Abridged model31/12/202226/05/202327/06/2023DutchPDF
Abridged model31/12/202127/05/202216/06/2022DutchPDF
Abridged model31/12/202028/05/202107/06/2021DutchPDF
Abridged model31/12/201929/05/202018/06/2020DutchPDF
Full model31/12/201831/05/201903/06/2019DutchPDF
Abridged model31/12/201725/05/201829/05/2018DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Johan-Detlef Dubbelboer
Managing director19/05/2017 → 27/05/2028Director19/05/2017 → 2021 accountsended
Wolter Zandberg
Managing director19/05/2017 → 27/05/2028Director19/05/2017 → 2021 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Johan Detlef Dubbelboer
Director19/05/2017 → 2020 accountsManaging director19/05/2017 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/11/2017
    Verplaatsing maatschappelijke zetel -
    PDF
  • Other29/05/2017
    Uittreksel uit een akte verleden voor notaris Marc SLEDSENS, geassocieerd notaris, te 2000
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
Wolter Zandberg
Johan-Detlef Dubbelboer
Johan Detlef Dubbelboer
201720182019202020212022202320242025202620272028
Tunnelweg 20
Tunnelweg 20, 2845 Niel
Managing directorDirector
Managing directorDirector
DirectorManaging director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Tunnelweg 20, 2845 NielCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00133389

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Tunnelweg 20Current
accounts 2021 → 2025
Accounts 2025 · 2026-00133389

Events

  1. 2025
    Annual accounts 202533,3 k €↓
  2. 2024
    Annual accounts 202435,4 k €↓
  3. 2023
    Annual accounts 202363,6 k €↑
  4. 2022
    Annual accounts 202237,5 k €↓
  5. 2021
    Annual accounts 202138,8 k €↑
  6. 2019
    Annual accounts 201934,4 k €↓
  7. 2018
    Annual accounts 201834,7 k €↑
  8. 2017
    Annual accounts 2017-77,9 k €
  9. 24/05/2017
    IncorporationPublic limited company