ACTIVE

TKN

Financial year 2025 · closed on 31/12/2025
Net result
55,5 k €
+347.0% YoY
Gross margin
70,9 k €
+480.0% YoY
Equity
68,9 k €
+414.4% YoY

What does TKN do?

TKN is a Private limited company incorporated in 2010. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Houthalen-Helchteren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0822.965.123
Incorporation
04/02/2010
Legal form
Private limited company
Registered office
Lakerweg 77
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin70,9 k €-18,7 k €-4,2 k €35,2 k €5,4 k €-989,1 €30,9 k €4,2 k €4,6 k €6,4 k €9,3 k €12,2 k €19,9 k €21 k €19,2 k €17,1 k €
EBITDA68,6 k €-19,7 k €-5,3 k €34,2 k €3,4 k €-13 k €5,2 k €2,2 k €2,6 k €4,7 k €7,2 k €10,2 k €18,3 k €19,1 k €17,4 k €13,3 k €
Operating result65,6 k €-22,2 k €-6,9 k €32,6 k €1,9 k €-13,3 k €5,1 k €2,1 k €2,5 k €4 k €2,6 k €-4,8 k €3,3 k €4,1 k €3 k €2,8 k €
Net result55,5 k €-22,5 k €-7 k €26,4 k €1,6 k €-13,8 k €3,9 k €1,1 k €1,5 k €3 k €1 k €-2,9 k €1,1 k €933 €26 €364 €
Balance sheet
Equity68,9 k €13,4 k €35,9 k €42,8 k €16,4 k €14,8 k €28,6 k €24,7 k €23,6 k €22,2 k €19,1 k €18,1 k €8,6 k €7,5 k €6,6 k €6,6 k €
Total assets120,4 k €45,7 k €53,6 k €65,6 k €38,6 k €60,6 k €43,8 k €50,5 k €40,9 k €29,7 k €24 k €52,5 k €69,2 k €65,8 k €71,4 k €89,9 k €
Cash78,4 k €12,9 k €24,6 k €50 k €16,4 k €51,6 k €19,1 k €28 k €14,5 k €18,1 k €142 €4,8 k €14,2 k €18,5 k €
Debts51,5 k €32,3 k €17,7 k €21,9 k €22,2 k €45,8 k €12,4 k €25,8 k €17,2 k €7,5 k €4,9 k €34,4 k €60,6 k €58,2 k €64,8 k €83,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Ugur Tekin

Mandate

Active

Ended mandates

Halil Tekin

Director · since 04 février 2010

Ended
Ugur Tekin

Director · since 04 février 2010

Ended
Halil Tekin

Mandate

Ended
Halil Tekin

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date09/07/202628/07/202529/07/202407/07/202328/06/202211/11/2021
General meeting29/06/202630/06/202524/06/202426/06/202327/06/202228/06/2021
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
Micro model31/12/202529/06/202609/07/2026DutchPDF
Micro model31/12/202430/06/202528/07/2025DutchPDF
Micro modelCorrection31/12/202324/06/202429/07/2024DutchPDF
Micro model31/12/202324/06/202425/06/2024DutchPDF
Micro model31/12/202226/06/202307/07/2023DutchPDF
Micro model31/12/202127/06/202228/06/2022DutchPDF
Micro model31/12/202028/06/202111/11/2021DutchPDF
Abridged model31/12/201929/06/202030/09/2020DutchPDF
Abridged model31/12/201824/06/201904/07/2019DutchPDF
Abridged model31/12/201725/06/201830/09/2018DutchPDF
Abridged model31/12/201626/06/201729/08/2017DutchPDF
Abridged model31/12/201527/06/201615/08/2016DutchPDF
Abridged model31/12/201429/06/201524/07/2015DutchPDF
Abridged model31/12/201330/06/201431/08/2014DutchPDF
Abridged model31/12/201224/06/201328/08/2013DutchPDF
Abridged model31/12/201125/06/201231/08/2012DutchPDF
Abridged model31/12/201027/06/201129/08/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 5 ended

Active mandates

Ugur Tekin

Mandate

Active

Ended mandates

Halil Tekin

Director · since 04 février 2010

Ended
Ugur Tekin

Director · since 04 février 2010

Ended
Halil Tekin

Mandate

Ended
Halil Tekin

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/02/2010
    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. 2025
    Annual accounts 202555,5 k €
  2. 2024
    Annual accounts 2024-22,5 k €
  3. 2023
    Annual accounts 2023-7 k €
  4. 2022
    Annual accounts 202226,4 k €
  5. 2021
    Annual accounts 20211,6 k €
  6. 2020
    Annual accounts 2020-13,8 k €
  7. 2019
    Annual accounts 20193,9 k €
  8. 2018
    Annual accounts 20181,1 k €
  9. 2017
    Annual accounts 20171,5 k €
  10. 2016
    Annual accounts 20163 k €
  11. 2015
    Annual accounts 20151 k €
  12. 2014
    Annual accounts 2014-2,9 k €
  13. 2013
    Annual accounts 20131,1 k €
  14. 2012
    Annual accounts 2012933 €
  15. 2011
    Annual accounts 201126 €
  16. 2010
    Annual accounts 2010364 €
  17. 04/02/2010
    IncorporationPrivate limited company