ACTIVE

TABNRG

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Financial year 2025 · closed on 31/12/2025
Net result
1,7 M €
+84.5% YoY
Gross margin
4,2 M €
+36.4% YoY
Equity
3,6 M €
-17.5% YoY

What does TABNRG do?

TABNRG is a Private limited company incorporated in 2010. Its main activity is: Production of electricity. Its registered office is in Tournai.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0823.789.326
Incorporation
09/03/2010
Legal form
Private limited company
Registered office
Rue As-Pois(TOU) 4A
7500 Tournai · WallonieSee on map
Contributed capital
52 940,00 €
Latest accounts
31/12/2025
Activities (NACE)
35110Production of electricity· main35110Production of electricity25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy25620Machining28150Manufacture of bearings, gears, gearing and driving elements28150Manufacture of bearings, gears, gearing and driving elements+6
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin4,2 M €3,1 M €4,2 M €4,3 M €2,2 M €2,6 M €2,6 M €2,4 M €3 M €1,9 M €3,3 M €2,9 M €2,8 M €3,6 M €1,8 M €
EBITDA4,1 M €2,9 M €3,9 M €3,8 M €2,1 M €2,5 M €2,5 M €2,3 M €3 M €3,9 M €2,7 M €2,3 M €2,8 M €2,6 M €1,8 M €
Operating result1,9 M €1,3 M €2,8 M €2,5 M €996,2 k €1,4 M €1,4 M €1,2 M €1,9 M €2,8 M €1,6 M €1,2 M €1,7 M €1,5 M €927,2 k €
Net result1,7 M €927,8 k €2,2 M €2 M €898,6 k €1,2 M €1,1 M €932,1 k €1,3 M €1,8 M €1,2 M €1 M €1,3 M €1,1 M €68,3 k €
Balance sheet
Equity3,6 M €4,3 M €5 M €7 M €5,1 M €5,8 M €6,6 M €6,7 M €6,9 M €7 M €6,3 M €5,3 M €4,5 M €3,3 M €2,4 M €
Total assets19,1 M €20,3 M €14,1 M €12 M €6,5 M €8,2 M €9 M €10,6 M €12,4 M €14,9 M €17,7 M €17,7 M €17,8 M €19 M €16,2 M €
Cash2,3 M €118,5 k €4,3 M €2,8 M €155,3 k €611,2 k €770,8 k €1,3 M €548,3 k €89 k €472,9 k €486,6 k €61,3 k €13,1 k €191,4 k €
Debts14,9 M €15,4 M €8,1 M €4,1 M €1,1 M €2,1 M €2,2 M €3,7 M €5,3 M €7,7 M €9,2 M €10,8 M €12,2 M €14,7 M €13,8 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

APAGA Management

Director · 0830.647.028

Represented by Pierre Mat

Active
BOIS CAHU

Director · 0829.229.442

Represented by Benoît Mat

Active

Ended mandates

APAGA Management

Manager · 0830.647.028

Represented by Pierre Mat

Ended
APAGA Management

Manager · 0830.647.028

Represented by Pierre Mat

Ended
APAGA Management

Director · 0830.647.028

Represented by Pierre Mat

Ended
APAGA Management

Manager · 0830.647.028

Represented by Pierre Mat

Ended
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MAGNA WIND PARK● Active
0568.568.567
PARC ÉOLIEN DU GAILLARD● Active
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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 date09/06/202619/06/202514/06/202412/06/202303/06/202215/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202609/06/2026FrenchPDF
Abridged model31/12/202406/06/202519/06/2025FrenchPDF
Abridged model31/12/202307/06/202414/06/2024FrenchPDF
Abridged model31/12/202202/06/202312/06/2023FrenchPDF
Abridged model31/12/202103/06/202203/06/2022FrenchPDF
Abridged model31/12/202004/06/202115/06/2021FrenchPDF
Abridged model31/12/201905/06/202024/06/2020FrenchPDF
Abridged model31/12/201807/06/201919/06/2019FrenchPDF
Abridged model31/12/201701/06/201812/07/2018FrenchPDF
Abridged model31/12/201602/06/201723/06/2017FrenchPDF
Abridged model31/12/201503/06/201627/06/2016FrenchPDF
Abridged model31/12/201405/06/201516/06/2015FrenchPDF
Abridged model31/12/201306/06/201427/06/2014FrenchPDF
Abridged model31/12/201207/06/201314/06/2013FrenchPDF
Abridged model31/12/201101/06/201219/06/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 2 active · 10 ended

Active mandates

APAGA Management

Director · 0830.647.028

Represented by Pierre Mat

Active
BOIS CAHU

Director · 0829.229.442

Represented by Benoît Mat

Active

Ended mandates

APAGA Management

Manager · 0830.647.028

Represented by Pierre Mat

Ended
APAGA Management

Manager · 0830.647.028

Represented by Pierre Mat

Ended
APAGA Management

Director · 0830.647.028

Represented by Pierre Mat

Ended
APAGA Management

Manager · 0830.647.028

Represented by Pierre Mat

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office30/10/2025
    SIEGE SOCIAL
    PDF
  • Mandates06/11/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office17/03/2023
    SIEGE SOCIAL
    PDF
  • Registered office25/06/2021
    SIEGE SOCIAL
    PDF
  • Mandates03/10/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/07/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/12/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/06/2012
    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 20251,7 M €↑
  2. 2024
    Annual accounts 2024927,8 k €↓
  3. 2023
    Annual accounts 20232,2 M €↑
  4. 2022
    Annual accounts 20222 M €↑
  5. 2021
    Annual accounts 2021898,6 k €↓
  6. 2020
    Annual accounts 20201,2 M €↑
  7. 2019
    Annual accounts 20191,1 M €↑
  8. 2018
    Annual accounts 2018932,1 k €↓
  9. 2017
    Annual accounts 20171,3 M €↓
  10. 2016
    Annual accounts 20161,8 M €↑
  11. 2015
    Annual accounts 20151,2 M €↑
  12. 2014
    Annual accounts 20141 M €↓
  13. 2013
    Annual accounts 20131,3 M €↑
  14. 2012
    Annual accounts 20121,1 M €↑
  15. 2011
    Annual accounts 201168,3 k €
  16. 09/03/2010
    IncorporationPrivate limited company