ACTIVE

TP VISION BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €-10,9 %over 1 year
Revenue38 M €-4,3 %over 1 year
Equity22,6 M €+6,7 %over 1 year
Workforce64,0 ETP-6,0 %over 1 year

Identity

Source · BCE/KBO

TP VISION BELGIUM is a Public limited company incorporated in 2011. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Gent. It employs on average 64,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0837.960.234
Incorporation
18/07/2011
Legal form
Public limited company
Registered office
Technologiepark-Zwijnaarde 122
9052 Gent · FlandreSee on map
Contributed capital
10 000 000,00 €
Latest accounts
31/12/2025
Average workforce
64,0 ETP
Joint committees (3)
  • 200
  • 209
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 15 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue38 M €39,7 M €41 M €41,7 M €51,1 M €
EBITDA15,8 M €15,9 M €13,9 M €12,8 M €12,4 M €
Operating result1,7 M €2 M €1,4 M €1,3 M €1,3 M €
Net result1,4 M €1,6 M €1,3 M €1,1 M €1 M €
Balance sheet
Equity22,6 M €21,1 M €19,6 M €23,2 M €22,1 M €
Total assets39,5 M €36,7 M €35,7 M €38,4 M €41 M €
Cash3,4 M €2,6 M €3,5 k €4,9 M €2,9 M €
Debts12,8 M €10,7 M €11,9 M €10,9 M €14,1 M €
Other
Workforce64,0 ETP68,1 ETP72,0 ETP73,2 ETP73,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 22 ended

Active mandates

Chun-Chang SU

Managing director · since 16 janvier 2024 · until 14 juin 2029

Active
Kris DEN HAESE

Director · since 08 juin 2023 · until 14 juin 2029

Active

Ended mandates

Chun-Chang SU

Managing director · since 15 janvier 2024

Ended
Nico VERNIEUWE

Managing director · since 08 juin 2023 · until 15 janvier 2024

Ended
Nico VERNIEUWE

Managing director · since 11 juin 2020 · until 08 juin 2023

Ended
Kris DEN HAESE

Director · since 08 juin 2017 · until 08 juin 2023

Ended

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Technologiepark-Zwijnaarde 122 9052 Gent
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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date30/06/202617/06/202518/06/202415/06/202315/06/202221/09/2021
General meeting11/06/202612/06/202513/06/202408/06/202309/06/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202511/06/202630/06/2026DutchPDF
Full model31/12/202412/06/202517/06/2025DutchPDF
Full model31/12/202313/06/202418/06/2024DutchPDF
Full model31/12/202208/06/202315/06/2023DutchPDF
Full model31/12/202109/06/202215/06/2022DutchPDF
Full modelCorrection31/12/202010/06/202121/09/2021DutchPDF
Full model31/12/202010/06/202110/06/2021DutchPDF
Full model31/12/201911/06/202015/06/2020DutchPDF
Full model31/12/201813/06/201928/06/2019DutchPDF
Full model31/12/201714/06/201819/06/2018DutchPDF
Full model31/12/201608/06/201727/06/2017DutchPDF
Full model31/12/201509/06/201622/06/2016DutchPDF
Full model31/12/201411/06/201519/06/2015DutchPDF
Full model31/12/201312/06/201417/06/2014DutchPDF
Full model31/12/201213/06/201319/06/2013DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 22 ended

Active mandates

Chun-Chang SU

Managing director · since 16 janvier 2024 · until 14 juin 2029

Active
Kris DEN HAESE

Director · since 08 juin 2023 · until 14 juin 2029

Active

Ended mandates

Chun-Chang SU

Managing director · since 15 janvier 2024

Ended
Nico VERNIEUWE

Managing director · since 08 juin 2023 · until 15 janvier 2024

Ended
Nico VERNIEUWE

Managing director · since 11 juin 2020 · until 08 juin 2023

Ended
Kris DEN HAESE

Director · since 08 juin 2017 · until 08 juin 2023

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/09/2026
    Ontslag en benoeming van een bestuurder
    PDF
  • Mandates04/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

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 20251,4 M €↓
  2. 2024
    Annual accounts 20241,6 M €↑
  3. 13/06/2024
    reconductionPwC Bedrijfsrevisoren BV — commissaris
  4. 13/06/2024
    nominationAnn Cleenewerck — vaste vertegenwoordiger
  5. 16/01/2024
    nominationChun-Chang Su — bestuurder / gedelegeerd bestuurder
  6. 2023
    Annual accounts 20231,3 M €↑
  7. 23/10/2023
    reconductionKris Den Haese — bestuurder
  8. 23/10/2023
    reconductionNico Vernieuwe — bestuurder
  9. 2022
    Annual accounts 20221,1 M €↑
  10. 2021
    Annual accounts 20211 M €↑
  11. 2020
    Annual accounts 2020765,1 k €↓
  12. 2019
    Annual accounts 20191 M €↓
  13. 2018
    Annual accounts 20181,2 M €↑
  14. 2017
    Annual accounts 2017988,5 k €↓
  15. 2016
    Annual accounts 20162,7 M €↑
  16. 2015
    Annual accounts 20152 M €↑
  17. 2014
    Annual accounts 20141,1 M €↓
  18. 2013
    Annual accounts 20131,3 M €↓
  19. 2012
    Annual accounts 20121,7 M €
  20. 18/07/2011
    IncorporationPublic limited company