ACTIVE

TMEX

Financial year 2025 · closed on 31/12/2025
Net result
55,7 k €
-65.7% YoY
Gross margin
132,3 k €
-49.8% YoY
Equity
891,1 k €
+6.6% YoY

What does TMEX do?

TMEX is a Private limited company incorporated in 2011. Its registered office is in Kruisem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0842.234.964
Incorporation
29/12/2011
Legal form
Private limited company
Registered office
Geldstraat(HUS) 7
9770 Kruisem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin132,3 k €263,6 k €130,9 k €348,3 k €6,7 k €233,3 k €195 k €107,5 k €96,1 k €91,2 k €50 k €32,2 k €27,2 k €31,5 k €
EBITDA123,2 k €258,5 k €126,5 k €340,3 k €3,7 k €230,3 k €192,8 k €105,9 k €95 k €90,1 k €48,7 k €30 k €25,8 k €30 k €
Operating result90 k €224,7 k €95 k €311 k €-23,1 k €205,1 k €181,3 k €94,2 k €85,3 k €80,7 k €39,2 k €-55,4 k €12,5 k €30 k €
Net result55,7 k €162,2 k €64,7 k €234,2 k €-38,9 k €141,9 k €119,1 k €57,5 k €44 k €54,7 k €16,3 k €-67,8 k €8,3 k €23,7 k €
Balance sheet
Equity891,1 k €836,2 k €674,8 k €610,9 k €376,7 k €415,6 k €274,5 k €155,4 k €97,9 k €53,9 k €-803,1 €-17,1 k €50,6 k €42,3 k €
Total assets1,6 M €1,6 M €1,4 M €1,4 M €1,3 M €1,4 M €1,4 M €1,2 M €854,2 k €722,7 k €660,7 k €649,3 k €56,7 k €64,8 k €
Cash6,1 k €59,3 k €37 k €16,5 k €1,7 k €15,9 k €1,6 k €28,6 k €1,5 k €92,3 k €45,7 k €20,1 k €1,3 k €21,6 k €
Debts716,7 k €795,8 k €731 k €759,8 k €916 k €925,8 k €1,1 M €1 M €742,5 k €656,4 k €649,2 k €654 k €6,1 k €22,5 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 · 1 ended

Active mandates

Tanguy Martens

Director

Active

Ended mandates

TANGUY MARTENS

Manager

Ended
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 date17/03/202625/06/202514/06/202428/06/202315/07/202219/08/2021
General meeting17/03/202614/06/202508/06/202410/06/202330/06/202230/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/03/202617/03/2026DutchPDF
Abridged model31/12/202414/06/202525/06/2025DutchPDF
Abridged model31/12/202308/06/202414/06/2024DutchPDF
Abridged model31/12/202210/06/202328/06/2023DutchPDF
Abridged model31/12/202130/06/202215/07/2022DutchPDF
Abridged model31/12/202030/06/202119/08/2021DutchPDF
Abridged model31/12/201908/09/202005/11/2020DutchPDF
Abridged model31/12/201828/06/201912/07/2019DutchPDF
Abridged model31/12/201729/06/201804/07/2018DutchPDF
Abridged model31/12/201630/06/201702/08/2017DutchPDF
Abridged model31/12/201524/06/201630/08/2016DutchPDF
Abridged model31/12/201426/06/201517/07/2015DutchPDF
Abridged model31/12/201314/06/201429/08/2014DutchPDF
Abridged model31/12/201208/06/201329/07/2013DutchPDF
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 · 1 ended

Active mandates

Tanguy Martens

Director

Active

Ended mandates

TANGUY MARTENS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/04/2023
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/07/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Other11/01/2012
    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 202555,7 k €
  2. 2024
    Annual accounts 2024162,2 k €
  3. 2023
    Annual accounts 202364,7 k €
  4. 2022
    Annual accounts 2022234,2 k €
  5. 2021
    Annual accounts 2021-38,9 k €
  6. 2020
    Annual accounts 2020141,9 k €
  7. 2019
    Annual accounts 2019119,1 k €
  8. 2018
    Annual accounts 201857,5 k €
  9. 2017
    Annual accounts 201744 k €
  10. 2016
    Annual accounts 201654,7 k €
  11. 2015
    Annual accounts 201516,3 k €
  12. 2014
    Annual accounts 2014-67,8 k €
  13. 2013
    Annual accounts 20138,3 k €
  14. 2012
    Annual accounts 201223,7 k €
  15. 29/12/2011
    IncorporationPrivate limited company