ACTIVE

Tand 41

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Financial year 2025 · closed on 31/12/2025

Net result

146,2 k €

+11.2% YoY

Gross margin

345,2 k €

+13.6% YoY

Equity

405,9 k €

-20.6% YoY

What does Tand 41 do?

Tand 41 is a Private limited company incorporated in 2011. Its main activity is: Dental practice activities. Its registered office is in Rotselaar.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0833.773.396

Incorporation

03/02/2011

Legal form

Private limited company

Registered office

Aarschotsesteenweg 41
3111 Rotselaar · FlandreSee on map

Contributed capital

2 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

86230Dental practice activities· main 86230Dental practice activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	345,2 k €	+13.6%	303,9 k €	+1.3%	300 k €	+10.4%	271,8 k €	+35.7%	200,3 k €	+19.7%	167,4 k €	-3.7%	173,9 k €	+42.1%	122,4 k €	+30.6%	93,7 k €	+2.6%	91,4 k €	+71.3%	53,3 k €	+30.3%	41 k €	+25.5%	32,6 k €	-16.3%	39 k €	-42.4%	67,6 k €
EBITDA	293 k €	+9.3%	268,2 k €	+1.3%	264,7 k €	+11.2%	237,9 k €	+39.6%	170,4 k €	+24.8%	136,5 k €	-5.3%	144,2 k €	+53.1%	94,2 k €	+7.8%	87,4 k €	-3.6%	90,6 k €	+71.8%	52,8 k €	+221%	16,4 k €	-48.5%	31,9 k €	-16.8%	38,3 k €	-42.8%	67 k €
Operating result	222,8 k €	+10.5%	201,6 k €	+2.0%	197,6 k €	+10.3%	179,2 k €	+46.3%	122,5 k €	+26.8%	96,6 k €	+11.7%	86,4 k €	+129%	37,7 k €	+3.8%	36,3 k €	-13.0%	41,8 k €	+620%	-8 k €	+64.9%	-22,9 k €	-182%	28 k €	-19.7%	34,9 k €	-46.0%	64,6 k €
Net result	146,2 k €	+11.2%	131,5 k €	+4.2%	126,1 k €	+8.4%	116,4 k €	+48.7%	78,3 k €	+37.0%	57,1 k €	+13.7%	50,2 k €	+229%	15,3 k €	-0.5%	15,3 k €	-13.5%	17,7 k €	+155%	-32,5 k €	+6.2%	-34,7 k €	-270%	20,4 k €	-17.9%	24,9 k €	-43.9%	44,3 k €
Balance sheet
Equity	405,9 k €	-20.6%	511,4 k €	+19.1%	429,3 k €	+31.9%	325,4 k €	+48.6%	219,1 k €	+29.5%	169,2 k €	+51.0%	112,1 k €	+79.0%	62,6 k €	+32.2%	47,3 k €	+47.9%	32 k €	-8.1%	34,8 k €	-48.3%	67,3 k €	-34.0%	102 k €	+25.0%	81,6 k €	+43.9%	56,7 k €
Total assets	991,9 k €	-10.1%	1,1 M €	+9.3%	1 M €	+0.9%	1 M €	+17.7%	849,8 k €	+8.3%	784,9 k €	+1.0%	776,9 k €	+3.3%	752,1 k €	-0.1%	753 k €	-4.2%	785,9 k €	-8.4%	857,9 k €	+63.9%	523,3 k €	+390%	106,8 k €	+21.8%	87,7 k €	+3.7%	84,6 k €
Cash	295,1 k €	-18.0%	359,7 k €	+252%	102,3 k €	-56.9%	237,2 k €	+103%	117 k €	+17.7%	99,4 k €	+63.2%	60,9 k €	+98.1%	30,8 k €	+90.7%	16,1 k €	-0.9%	16,3 k €	-47.9%	31,3 k €	-11.3%	35,2 k €	-22.6%	45,5 k €	-19.5%	56,5 k €	+16.9%	48,3 k €
Debts	586,1 k €	-0.9%	591,4 k €	+2.0%	579,6 k €	-13.9%	673,1 k €	+7.0%	629,2 k €	+2.3%	615 k €	-7.5%	664,9 k €	-3.5%	689,2 k €	-2.3%	705,6 k €	-6.3%	753,1 k €	-7.9%	818,1 k €	+83.2%	446,4 k €	+9279%	4,8 k €	+13.2%	4,2 k €	-84.9%	27,8 k €

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 · 1 active · 1 ended

Active mandates

Sofie Michels

Director

Active

Ended mandates

Sofie Michels

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro 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	01/01/2020
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	03/06/2026	17/07/2025	05/06/2024	30/06/2023	10/06/2022	24/06/2021
General meeting	13/05/2026	30/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	13/05/2026	03/06/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Micro model	31/12/2023	03/06/2024	05/06/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	30/06/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	10/06/2022	Dutch	PDF
Micro model	31/12/2020	07/06/2021	24/06/2021	Dutch	PDF
Micro model	31/12/2019	01/06/2020	07/08/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	05/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	26/07/2012	Dutch	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 · 1 active · 1 ended

Active mandates

Sofie Michels

Director

Active

Ended mandates

Sofie Michels

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/10/2023
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/06/2015
MAATSCHAPPELIJKE ZETEL
PDF
Registered office06/06/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other28/02/2011
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

2025
Annual accounts 2025146,2 k €↑
2024
Annual accounts 2024131,5 k €↑
2023
Annual accounts 2023126,1 k €↑
2023
Name changeTand 41
2022
Annual accounts 2022116,4 k €↑
2021
Annual accounts 202178,3 k €↑
2021
Name changeTandarts Sofie Michels
2020
Annual accounts 202057,1 k €↑
2019
Annual accounts 201950,2 k €↑
2018
Annual accounts 201815,3 k €↓
2017
Annual accounts 201715,3 k €↓
2016
Annual accounts 201617,7 k €↑
2015
Annual accounts 2015-32,5 k €↑
2014
Annual accounts 2014-34,7 k €↓
2013
Annual accounts 201320,4 k €↓
2012
Annual accounts 201224,9 k €↓
2011
Annual accounts 201144,3 k €
03/02/2011
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

Tand 41

Overview

What does Tand 41 do?

Trend over 15 financial years

Indicative valuation

Board of directors

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