ACTIVE

TORNATECH EUROPE

Financial year 2025 · closed on 30/09/2025
Net result
1,1 M €
+0.4% YoY
Gross margin
3,9 M €
-0.4% YoY
Equity
3,3 M €
+9.7% YoY
Workforce
26,4 ETP
0.0% YoY

What does TORNATECH EUROPE do?

TORNATECH EUROPE is a Public limited company incorporated in 2010. Its main activity is: Manufacture of electricity distribution and control apparatus. Its registered office is in Mont-Saint-Guibert. It employs on average 26,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0830.139.856
Incorporation
07/10/2010
Legal form
Public limited company
Registered office
Rue des Sablières 45 box 68
1435 Mont-Saint-Guibert · WallonieSee on map
Contributed capital
61 500,00 €
Latest accounts
30/09/2025
Average workforce
26,4 ETP
Joint committees (3)
  • 102
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin3,9 M €3,9 M €3,2 M €1,6 M €1,7 M €499,8 k €282,7 k €148,2 k €-26,4 k €
EBITDA2 M €1,9 M €1,5 M €357,6 k €556,1 k €554,7 k €545,4 k €465,1 k €322,7 k €390,1 k €400,8 k €327,1 k €103,7 k €19 k €-59,6 k €
Operating result1,7 M €1,6 M €1,4 M €321,6 k €550,2 k €535,7 k €482,6 k €444,1 k €294,8 k €296,5 k €382,5 k €309,1 k €87,5 k €3,2 k €-70,9 k €
Net result1,1 M €1,1 M €943,9 k €144,3 k €440,8 k €321,6 k €302,4 k €259,2 k €179,6 k €172,8 k €225,4 k €177,9 k €90,5 k €-3,6 k €-64,2 k €
Balance sheet
Equity3,3 M €3 M €2,7 M €1,8 M €1,7 M €1,2 M €1,4 M €1,1 M €796,9 k €617,4 k €444,6 k €219,2 k €41,2 k €-49,2 k €-45,6 k €
Total assets7,3 M €7,6 M €8,2 M €5,2 M €2,6 M €1,7 M €1,8 M €1,9 M €1,7 M €1,3 M €1,2 M €878,5 k €706,5 k €600,3 k €397,5 k €
Cash695 k €788,2 k €544,1 k €527,4 k €520,2 k €293,9 k €517,9 k €484,4 k €146,8 k €184,4 k €299,5 k €153,7 k €101,3 k €88,8 k €28,3 k €
Debts3,9 M €4,5 M €5,4 M €3,4 M €904,6 k €493,1 k €428 k €827,9 k €893,7 k €719,6 k €727,1 k €658,9 k €661,2 k €648,8 k €436,5 k €
Other
Workforce26,4 ETP26,4 ETP24,1 ETP20,7 ETP20,9 ETP16,4 ETP13,6 ETP12,7 ETP10,3 ETP7,2 ETP6,9 ETP5,7 ETP5,3 ETP4,5 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 7 ended

Active mandates

Elwin Donner IV

Director · since 01 février 2025 · until 30 septembre 2030

Active
Matthew Quartner

Director · since 01 février 2025 · until 30 septembre 2030

Active
ProximaGesT

Managing director · since 01 février 2025 · until 30 septembre 2030 · 1017.738.252

Active
Dominic BERGERON

Director · since 25 avril 2022 · until 31 janvier 2027

Active
Marc Goupil

Director · since 25 avril 2022 · until 31 janvier 2027

Active

Ended mandates

GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES

Commissaire · since 22 décembre 2020 · until 31 janvier 2024 · 0439.814.826

Represented by Aman (A02621) KUDERBUX

Ended
Dominic BERGERON

Director · since 01 octobre 2020

Ended
Marc Goupil

Manager · since 30 septembre 2016

Ended
Marc GOUPIL

Director · since 30 septembre 2016

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/02/202623/09/202516/01/202410/02/202307/03/202212/02/2021
General meeting29/01/202630/12/202412/01/202431/01/202331/01/202222/12/2020
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 model30/09/202529/01/202617/02/2026FrenchPDF
Abridged model30/09/202430/12/202423/09/2025FrenchPDF
Abridged model30/09/202312/01/202416/01/2024FrenchPDF
Abridged model30/09/202231/01/202310/02/2023FrenchPDF
Abridged model30/09/202131/01/202207/03/2022FrenchPDF
Full model30/09/202022/12/202012/02/2021FrenchPDF
Full model30/09/201917/12/201926/02/2020FrenchPDF
Full model30/09/201831/01/201920/02/2019FrenchPDF
Full model30/09/201708/01/201819/01/2018FrenchPDF
Full model30/09/201620/12/201617/03/2017FrenchPDF
Full model30/09/201526/02/201626/02/2016FrenchPDF
Abridged model30/09/201403/02/201504/02/2015FrenchPDF
Abridged model30/09/201328/04/201430/04/2014FrenchPDF
Abridged model30/09/201205/04/201308/04/2013FrenchPDF
Abridged model30/09/201120/04/201207/05/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/09/2025 · 5 active · 7 ended

Active mandates

Elwin Donner IV

Director · since 01 février 2025 · until 30 septembre 2030

Active
Matthew Quartner

Director · since 01 février 2025 · until 30 septembre 2030

Active
ProximaGesT

Managing director · since 01 février 2025 · until 30 septembre 2030 · 1017.738.252

Active
Dominic BERGERON

Director · since 25 avril 2022 · until 31 janvier 2027

Active
Marc Goupil

Director · since 25 avril 2022 · until 31 janvier 2027

Active

Ended mandates

GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES

Commissaire · since 22 décembre 2020 · until 31 janvier 2024 · 0439.814.826

Represented by Aman (A02621) KUDERBUX

Ended
Dominic BERGERON

Director · since 01 octobre 2020

Ended
Marc Goupil

Manager · since 30 septembre 2016

Ended
Marc GOUPIL

Director · since 30 septembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office10/02/2023
    SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
    PDF
  • Mandates27/04/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/05/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/05/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/10/2016
    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 20251,1 M €
  2. 2024
    Annual accounts 20241,1 M €
  3. 2023
    Annual accounts 2023943,9 k €
  4. 2022
    Annual accounts 2022144,3 k €
  5. 2021
    Annual accounts 2021440,8 k €
  6. 2020
    Annual accounts 2020321,6 k €
  7. 2019
    Annual accounts 2019302,4 k €
  8. 2018
    Annual accounts 2018259,2 k €
  9. 2017
    Annual accounts 2017179,6 k €
  10. 2016
    Annual accounts 2016172,8 k €
  11. 2015
    Annual accounts 2015225,4 k €
  12. 2014
    Annual accounts 2014177,9 k €
  13. 2013
    Annual accounts 201390,5 k €
  14. 2012
    Annual accounts 2012-3,6 k €
  15. 2011
    Annual accounts 2011-64,2 k €
  16. 07/10/2010
    IncorporationPublic limited company