ACTIVE

TAPIO

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Financial year 2025 · closed on 31/12/2025

Net result

-614,6 k €

-361.0% YoY

Gross margin

1,1 M €

+73.2% YoY

Equity

1,5 M €

+2873.6% YoY

Workforce

24,5 ETP

+36.1% YoY

What does TAPIO do?

TAPIO is a Private limited company incorporated in 2020. Its registered office is in Bruxelles. It employs on average 24,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0741.588.457

Incorporation

15/01/2020

Legal form

Private limited company

Registered office

Avenue Louise 231
1050 Bruxelles · BruxellesSee on map

Contributed capital

2 319 606,65 €

Latest accounts

31/12/2025

Average workforce

24,5 ETP

Signals

Solid equityGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2025		2024		2023		2022		2021		2020
Income statement
Gross margin	1,1 M €	+73.2%	614,5 k €	-22.3%	791 k €	+336%	181,6 k €	+236%	-133,7 k €	-65.9%	-80,6 k €
EBITDA	-362,2 k €	-1318%	-25,5 k €	-106%	400,8 k €	+430%	-121,6 k €	+40.4%	-204,1 k €	-144%	-83,6 k €
Operating result	-581,2 k €	-388%	-119,2 k €	-131%	385,1 k €	+380%	-137,6 k €	+37.2%	-219,3 k €	-154%	-86,3 k €
Net result	-614,6 k €	-361%	-133,3 k €	-135%	378,8 k €	+370%	-140,5 k €	+36.1%	-219,8 k €	-154%	-86,6 k €
Balance sheet
Equity	1,5 M €	+2874%	50,6 k €	-72.5%	183,9 k €	+194%	-194,9 k €	-259%	-54,3 k €	-133%	165,4 k €
Total assets	2 M €	+82.6%	1,1 M €	+12.8%	982,8 k €	+113%	460,9 k €	+171%	169,8 k €	-2.0%	173,3 k €
Cash	315,3 k €	+195%	106,8 k €	-56.5%	245,5 k €	+542%	38,2 k €	-59.5%	94,3 k €	-35.1%	145,4 k €
Debts	281,3 k €	-69.2%	912,8 k €	+29.8%	703 k €	+116%	325,4 k €	+45.1%	224,2 k €	+2772%	7,8 k €
Other
Workforce	24,5 ETP	+36.1%	18,0 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 31/12/2025 · 6 active · 9 ended

Active mandates

Axel Ghislain Albert Marie Joseph MOORKENS

Mandate

Active

Louis Collinet

Director

Active

Nicolas DEBRAY

Mandate

Active

Olivier, WITMEUR

Mandate

Active

Pierre COLLINET

Mandate

Active

Sarah Pearl KAWA

Mandate

Active

Ended mandates

Louis Collinet

Managing director · since 30 juin 2022

Ended

Pierre Collinet

Managing director · since 30 juin 2022

Ended

Estelle Cantillon

Director · since 09 juin 2022

Ended

Nicolas Debray

Director · since 09 juin 2022

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	15/01/2020
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	22/06/2026	17/06/2025	02/07/2024	30/08/2023	21/09/2022	31/08/2021
General meeting	13/05/2026	05/05/2025	06/05/2024	02/05/2023	19/09/2022	25/06/2021
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

6 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/05/2026	22/06/2026	French	PDF
Abridged model	31/12/2024	05/05/2025	17/06/2025	French	PDF
Micro model	31/12/2023	06/05/2024	02/07/2024	French	PDF
Micro model	31/12/2022	02/05/2023	30/08/2023	French	PDF
Micro model	31/12/2021	19/09/2022	21/09/2022	French	PDF
Micro model	31/12/2020	25/06/2021	31/08/2021	French	PDF

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 31/12/2025 · 6 active · 9 ended

Active mandates

Axel Ghislain Albert Marie Joseph MOORKENS

Mandate

Active

Louis Collinet

Director

Active

Nicolas DEBRAY

Mandate

Active

Olivier, WITMEUR

Mandate

Active

Pierre COLLINET

Mandate

Active

Sarah Pearl KAWA

Mandate

Active

Ended mandates

Louis Collinet

Managing director · since 30 juin 2022

Ended

Pierre Collinet

Managing director · since 30 juin 2022

Ended

Estelle Cantillon

Director · since 09 juin 2022

Ended

Nicolas Debray

Director · since 09 juin 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/05/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates10/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates24/02/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Other01/10/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares07/02/2020
CAPITAL, ACTIONS
PDF
Other17/01/2020
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025-614,6 k €↓
2024
Annual accounts 2024-133,3 k €↓
2023
Annual accounts 2023378,8 k €↑
2022
Annual accounts 2022-140,5 k €↑
2021
Annual accounts 2021-219,8 k €↓
2020
Annual accounts 2020-86,6 k €
15/01/2020
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

TAPIO

Overview

What does TAPIO do?

Trend over 6 financial years

Indicative valuation

Board of directors

Other companies at this address

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