ACTIVE

TEN BERGHE

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Financial year 2025 · closed on 31/12/2025

Net result

18,1 k €

-61.3% YoY

Gross margin

100,1 k €

-24.7% YoY

Equity

1,5 M €

+1.3% YoY

What does TEN BERGHE do?

TEN BERGHE is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Pittem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0863.664.046

Incorporation

25/02/2004

Legal form

Private limited company

Registered office

Vijfstraat 2BIS
8740 Pittem · FlandreSee on map

Contributed capital

6 448,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	100,1 k €	-24.7%	132,8 k €	+57.8%	84,2 k €	-47.8%	161,2 k €	-53.4%	345,7 k €	+215%	109,6 k €	+41.7%	77,4 k €	-1.6%	78,6 k €	-71.8%	278,3 k €	+42.4%	195,5 k €	-7.9%	212,2 k €	+90.3%	111,5 k €	-45.2%	203,4 k €	+44.9%	140,3 k €	+4.6%	134,1 k €	+1.7%	131,9 k €	-9.7%	146,1 k €
EBITDA	91,1 k €	-26.9%	124,7 k €	+63.9%	76,1 k €	-50.6%	154 k €	-54.4%	337,5 k €	+206%	110,3 k €	+53.4%	71,9 k €	-6.7%	77,1 k €	-71.9%	274,1 k €	+44.1%	190,2 k €	-8.1%	206,9 k €	+20.0%	172,3 k €	-11.0%	193,6 k €	+85.7%	104,3 k €	-19.7%	129,9 k €	+1.1%	128,4 k €	+36.9%	93,8 k €
Operating result	25,6 k €	-56.3%	58,4 k €	+301%	14,6 k €	-83.7%	89,5 k €	-66.7%	269 k €	+253%	76,1 k €	+141%	31,5 k €	-3.4%	32,7 k €	-85.2%	220,3 k €	+57.7%	139,7 k €	-5.8%	148,4 k €	+21.4%	122,2 k €	-18.5%	150 k €	+152%	59,6 k €	-25.6%	80,2 k €	-3.9%	83,4 k €	+103%	41,1 k €
Net result	18,1 k €	-61.3%	46,6 k €	+441%	8,6 k €	-85.6%	60 k €	-70.0%	200,1 k €	+318%	47,9 k €	+269%	13 k €	-18.8%	16 k €	-88.4%	137,6 k €	+54.0%	89,3 k €	-0.7%	89,9 k €	+17.8%	76,3 k €	-15.9%	90,8 k €	+178%	32,7 k €	-34.3%	49,7 k €	+0.6%	49,4 k €	+70.7%	29 k €
Balance sheet
Equity	1,5 M €	+1.3%	1,4 M €	+3.3%	1,4 M €	+0.6%	1,4 M €	+4.5%	1,3 M €	+31.3%	1 M €	+4.0%	972,5 k €	+1.4%	959,5 k €	+1.7%	943,5 k €	+17.1%	805,9 k €	+12.5%	716,6 k €	+14.3%	626,7 k €	+13.9%	550,4 k €	+19.7%	459,6 k €	+7.7%	426,9 k €	+13.2%	377,2 k €	+15.1%	327,7 k €
Total assets	2 M €	+0.4%	2 M €	+1.6%	1,9 M €	-1.5%	2 M €	+0.5%	1,9 M €	+31.7%	1,5 M €	+4.1%	1,4 M €	+2.7%	1,4 M €	-3.2%	1,4 M €	+3.8%	1,4 M €	+8.8%	1,3 M €	+28.2%	985,7 k €	+2.1%	965,7 k €	+10.1%	877,1 k €	+9.6%	800 k €	+11.2%	719,4 k €	+11.2%	647,1 k €
Cash	147,5 k €	+81.7%	81,2 k €	-58.7%	196,7 k €	-77.0%	855,2 k €	+8.9%	785,4 k €	+2.1%	769,1 k €	+3.9%	740,5 k €	+22.3%	605,5 k €	+15.3%	525,3 k €	+0.8%	521,2 k €	+47.2%	354,1 k €	+26.2%	280,6 k €	+64.9%	170,1 k €	+2551%	6,4 k €	-10.1%	7,1 k €	-33.5%	10,7 k €	+285%	2,8 k €
Debts	501,5 k €	-2.0%	511,9 k €	-3.1%	528,4 k €	-6.8%	566,8 k €	-8.1%	616,5 k €	+32.4%	465,7 k €	+5.7%	440,5 k €	+5.7%	416,7 k €	-12.2%	474,5 k €	-14.8%	557 k €	+4.0%	535,8 k €	+54.3%	347,4 k €	+2.2%	339,8 k €	-1.2%	344,1 k €	+21.2%	283,8 k €	+11.2%	255,1 k €	+9.0%	234,1 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 · 4 active · 6 ended

Active mandates

Alexander Vandenberghe

Director

Active

Ann De Laere

Managing director

Active

Ann-Sophie Vandenberghe

Director

Active

Guy Vandenberghe

Managing director

Active

Ended mandates

Ann De Laere

Director · since 11 février 2004

Ended

Guy Vandenberghe

Director · since 11 février 2004

Ended

Ann De Laere

Director

Ended

Ann De Laere

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged 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	08/06/2026	02/06/2025	05/08/2024	07/08/2023	07/06/2022	19/07/2021
General meeting	30/05/2026	31/05/2025	25/05/2024	30/06/2023	28/05/2022	30/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/05/2026	08/06/2026	Dutch	PDF
Micro model	31/12/2024	31/05/2025	02/06/2025	Dutch	PDF
Abridged model	31/12/2023	25/05/2024	05/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	07/08/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	07/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	19/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/05/2020	17/06/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	25/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	01/06/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	03/06/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	18/06/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	13/06/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	01/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	03/06/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	04/06/2007	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 · 4 active · 6 ended

Active mandates

Alexander Vandenberghe

Director

Active

Ann De Laere

Managing director

Active

Ann-Sophie Vandenberghe

Director

Active

Guy Vandenberghe

Managing director

Active

Ended mandates

Ann De Laere

Director · since 11 février 2004

Ended

Guy Vandenberghe

Director · since 11 février 2004

Ended

Ann De Laere

Director

Ended

Ann De Laere

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other03/03/2004
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 202518,1 k €↓
2024
Annual accounts 202446,6 k €↑
2023
Annual accounts 20238,6 k €↓
2022
Annual accounts 202260 k €↓
2021
Annual accounts 2021200,1 k €↑
2018
Annual accounts 201847,9 k €↑
2017
Annual accounts 201713 k €↓
2016
Annual accounts 201616 k €↓
2015
Annual accounts 2015137,6 k €↑
2014
Annual accounts 201489,3 k €↓
2013
Annual accounts 201389,9 k €↑
2012
Annual accounts 201276,3 k €↓
2011
Annual accounts 201190,8 k €↑
2010
Annual accounts 201032,7 k €↓
2009
Annual accounts 200949,7 k €↑
2008
Annual accounts 200849,4 k €↑
2007
Annual accounts 200729 k €
25/02/2004
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

TEN BERGHE

Overview

What does TEN BERGHE do?

Trend over 17 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