ACTIVE

TECE Belgium

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Financial year 2025 · closed on 31/12/2025
Net result
242,9 k €
+13.6% YoY
Gross margin
743,9 k €
+7.1% YoY
Equity
-1,5 M €
+14.2% YoY
Workforce
4,0 ETP
0.0% YoY

What does TECE Belgium do?

TECE Belgium is a Private limited company incorporated in 2009. Its main activity is: Wholesale of hardware, plumbing and heating equipment and supplies. Its registered office is in Antwerpen. It employs on average 4,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0816.580.939
Incorporation
30/06/2009
Legal form
Private limited company
Registered office
Jules Moretuslei 187-189
2610 Antwerpen · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Activities (NACE)
46742Wholesale of hardware, plumbing and heating equipment and supplies· main46842Wholesale trade, except of motor vehicles and motorcycles47527Retail sale of hardware, paints and glass in specialised stores47527Retail sale of hardware, paints and glass in specialised stores
Joint committees (2)
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212018201720162015201420132012201120102010
Income statement
Gross margin743,9 k €694,7 k €525,9 k €461,1 k €401,5 k €467,8 k €445,5 k €304,7 k €–––8,6 k €-13,3 k €-71,4 k €-9,8 k €
EBITDA346,8 k €317,1 k €161,8 k €132,4 k €115,5 k €114,9 k €88,9 k €-52,9 k €-197,2 k €-240,3 k €-446,4 k €-224,6 k €-255,5 k €-262,6 k €-9,8 k €
Operating result336,8 k €312,6 k €155 k €125,9 k €109,9 k €108,5 k €80 k €-64,9 k €-213,5 k €-249,5 k €-452,8 k €-229,2 k €-255,5 k €-264 k €-10,2 k €
Net result242,9 k €213,8 k €49,8 k €18,3 k €-106,2 €59,2 k €32 k €-107,9 k €-255,5 k €-289,9 k €-495,8 k €-260,8 k €-281 k €-268 k €-10,3 k €
Balance sheet
Equity-1,5 M €-1,7 M €-1,9 M €-2 M €-2 M €-1,8 M €-1,9 M €-1,9 M €-1,8 M €-1,6 M €-1,3 M €-770 k €-509,2 k €-228,2 k €39,7 k €
Total assets332,7 k €179,9 k €119,2 k €128,3 k €70,5 k €110,7 k €92,8 k €84,3 k €91,7 k €68,6 k €143,1 k €81 k €115 k €56,8 k €43,6 k €
Cash134,9 k €66,5 k €23,3 k €54,9 k €6 k €64,2 k €45,2 k €31 k €25 k €5,7 k €24,7 k €5,2 k €17,7 k €26,9 k €41,5 k €
Debts1,7 M €1,9 M €2 M €2,1 M €2,1 M €1,9 M €2 M €2 M €1,9 M €1,6 M €1,4 M €851 k €624,2 k €285,1 k €3,9 k €
Other
Workforce4,0 ETP4,0 ETP4,0 ETP4,0 ETP3,6 ETP4,4 ETP4,9 ETP4,6 ETP4,5 ETP4,6 ETP3,6 ETP1,8 ETP2,2 ETP2,7 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

Better Solutions

Director · 0738.621.544

Represented by Swannet Bert

Active
Frank Robert Ulbrich

Director

Active

Ended mandates

Better Solutions

Director · since 01 janvier 2020 · 0738.621.544

Represented by Swannet BERT

Ended
Better Solutions

Director · since 01 janvier 2020 · 0738.621.544

Represented by Swannet Bert

Ended
Better Solutions

Director · since 01 janvier 2020 · 0738.621.544

Represented by Swannet BERT

Ended
Frank Robert Ulbrich

Director · since 30 juin 2017

Ended
Annual accounts

Full financial information

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 date29/07/202609/09/202528/08/202413/06/202314/09/202230/08/2021
General meeting02/06/202630/07/202528/06/202424/05/202326/08/202216/08/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202629/07/2026DutchPDF
Abridged model31/12/202430/07/202509/09/2025DutchPDF
Abridged model31/12/202328/06/202428/08/2024DutchPDF
Abridged model31/12/202224/05/202313/06/2023DutchPDF
Abridged model31/12/202126/08/202214/09/2022DutchPDF
Abridged model31/12/202016/08/202130/08/2021DutchPDF
Abridged model31/12/201902/06/202010/07/2020DutchPDF
Abridged model31/12/201827/06/201908/07/2019DutchPDF
Abridged model31/12/201705/06/201828/06/2018DutchPDF
Abridged model31/12/201628/07/201728/07/2017DutchPDF
Full model31/12/201530/06/201606/07/2016DutchPDF
Full model31/12/201417/07/201531/07/2015DutchPDF
Full model31/12/201330/06/201428/07/2014DutchPDF
Abridged model31/12/201228/06/201324/07/2013DutchPDF
Abridged model31/12/201126/03/201329/03/2013DutchPDF
Abridged model31/12/201007/06/201125/08/2011DutchPDF
Abridged model31/03/201007/06/201024/08/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 18 ended

Active mandates

Better Solutions

Director · 0738.621.544

Represented by Swannet Bert

Active
Frank Robert Ulbrich

Director

Active

Ended mandates

Better Solutions

Director · since 01 janvier 2020 · 0738.621.544

Represented by Swannet BERT

Ended
Better Solutions

Director · since 01 janvier 2020 · 0738.621.544

Represented by Swannet Bert

Ended
Better Solutions

Director · since 01 janvier 2020 · 0738.621.544

Represented by Swannet BERT

Ended
Frank Robert Ulbrich

Director · since 30 juin 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2023
    MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
    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 2025242,9 k €↑
  2. 2024
    Annual accounts 2024213,8 k €↑
  3. 2023
    Annual accounts 202349,8 k €↑
  4. 2022
    Annual accounts 202218,3 k €↑
  5. 2021
    Annual accounts 2021-106,2 €↓
  6. 2018
    Annual accounts 201859,2 k €↑
  7. 2017
    Annual accounts 201732 k €↑
  8. 2016
    Annual accounts 2016-107,9 k €↑
  9. 2015
    Annual accounts 2015-255,5 k €↑
  10. 2014
    Annual accounts 2014-289,9 k €↑
  11. 2013
    Annual accounts 2013-495,8 k €↓
  12. 2012
    Annual accounts 2012-260,8 k €↑
  13. 2011
    Annual accounts 2011-281 k €↓
  14. 2010
    Annual accounts 2010-268 k €↓
  15. 2010
    Annual accounts 2010-10,3 k €
  16. 30/06/2009
    IncorporationPrivate limited company