ACTIVE

TERPENTIJN

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
60 k €
-71.4% YoY
Gross margin
788,4 k €
-16.3% YoY
Equity
1,6 M €
-2.4% YoY
Workforce
6,0 ETP
-18.9% YoY

What does TERPENTIJN do?

TERPENTIJN is a Private limited company incorporated in 2012. Its main activity is: Painting and glazing. Its registered office is in Bilzen-Hoeselt. It employs on average 6,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0844.500.212
Incorporation
12/03/2012
Legal form
Private limited company
Registered office
Pasweg 8B
3740 Bilzen-Hoeselt · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
6,0 ETP
Activities (NACE)
43341Painting and glazing· main43341Painting and glazing42110Construction of roads and motorways42110Construction of roads and motorways43230Electrical, plumbing and other construction installation activities43240Electrical, plumbing and other construction installation activities+6
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin788,4 k €942,4 k €1,2 M €970,3 k €661,8 k €739,4 k €693,9 k €639,9 k €473,2 k €359,7 k €338 k €302,7 k €217,7 k €93,5 k €
EBITDA287,7 k €442,9 k €691,8 k €490,4 k €227,5 k €271,6 k €176,6 k €234 k €148,8 k €124,3 k €137,5 k €103,9 k €118,2 k €92,6 k €
Operating result130,7 k €294,8 k €432,2 k €448,4 k €174,6 k €231,2 k €139,9 k €202,8 k €128,1 k €103,4 k €116,9 k €87,1 k €108 k €86 k €
Net result60 k €210 k €317,2 k €308,9 k €117,8 k €164,4 k €89,7 k €135,6 k €67,4 k €58,4 k €51,2 k €49,4 k €62,1 k €83,5 k €
Balance sheet
Equity1,6 M €1,6 M €1,4 M €1,1 M €799,5 k €781,8 k €617,4 k €527,7 k €392 k €324,6 k €266,2 k €215 k €165,6 k €103,5 k €
Total assets4,1 M €4,1 M €3,9 M €2,2 M €1,9 M €1,6 M €1,4 M €1,4 M €1,2 M €793,5 k €709,7 k €805,2 k €327,3 k €304,4 k €
Cash137,2 k €149,1 k €71,2 k €40,3 k €169,4 k €54,5 k €81,7 k €204,7 k €45,9 k €20,2 k €110,5 k €62,5 k €57,8 k €33,2 k €
Debts2,4 M €2,3 M €2,4 M €1 M €1,1 M €760,4 k €651,7 k €877 k €853,6 k €468,9 k €443,4 k €589 k €161,7 k €200,9 k €
Other
Workforce6,0 ETP7,4 ETP7,1 ETP7,0 ETP7,2 ETP8,7 ETP9,4 ETP8,0 ETP6,4 ETP5,7 ETP5,3 ETP4,4 ETP2,4 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Gert Marie Panjaar

Director

Active

Ended mandates

Joke Vanbrabant

Manager · since 01 novembre 2015

Ended
Gert Panjaar

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
MP CONCEPTS● Active
0680.967.120
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 date31/08/202622/08/202530/08/202431/08/202329/07/202226/08/2021
General meeting25/06/202626/06/202527/06/202429/06/202330/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202631/08/2026DutchPDF
Abridged model31/12/202426/06/202522/08/2025DutchPDF
Abridged model31/12/202327/06/202430/08/2024DutchPDF
Abridged model31/12/202229/06/202331/08/2023DutchPDF
Abridged model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202024/06/202126/08/2021DutchPDF
Abridged model31/12/201925/06/202030/06/2020DutchPDF
Abridged model31/12/201827/06/201928/06/2019DutchPDF
Abridged model31/12/201728/06/201804/07/2018DutchPDF
Abridged model31/12/201629/06/201704/08/2017DutchPDF
Abridged model31/12/201530/06/201630/08/2016DutchPDF
Abridged model31/12/201425/06/201531/08/2015DutchPDF
Abridged model31/12/201326/06/201429/08/2014DutchPDF
Abridged model31/12/201227/06/201323/08/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 ended

Active mandates

Gert Marie Panjaar

Director

Active

Ended mandates

Joke Vanbrabant

Manager · since 01 novembre 2015

Ended
Gert Panjaar

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/02/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other29/03/2012
    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 202560 k €↓
  2. 2024
    Annual accounts 2024210 k €↓
  3. 2023
    Annual accounts 2023317,2 k €↑
  4. 2022
    Annual accounts 2022308,9 k €↑
  5. 2021
    Annual accounts 2021117,8 k €↓
  6. 2020
    Annual accounts 2020164,4 k €↑
  7. 2019
    Annual accounts 201989,7 k €↓
  8. 2018
    Annual accounts 2018135,6 k €↑
  9. 2017
    Annual accounts 201767,4 k €↑
  10. 2016
    Annual accounts 201658,4 k €↑
  11. 2015
    Annual accounts 201551,2 k €↑
  12. 2014
    Annual accounts 201449,4 k €↓
  13. 2013
    Annual accounts 201362,1 k €↓
  14. 2012
    Annual accounts 201283,5 k €
  15. 12/03/2012
    IncorporationPrivate limited company