TESH
0866.481.006 · rovalta.com · 22/09/2026
ACTIVE
TESH
Financial year 2025 · closed on 31/03/2025
Net result
8,9 k €
-48.4% YoY
Gross margin
36,9 k €
-7.6% YoY
Equity
21,3 k €
+72.1% YoY
Overview
What does TESH do?
TESH is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Brasschaat.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0866.481.006
Incorporation
16/07/2004
Legal form
Private limited company
Registered office
Ploegsebaan 209
2930 Brasschaat · FlandreSee on map
2930 Brasschaat · FlandreSee on map
Contributed capital
11 700,00 €
Latest accounts
31/03/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities62090Other information technology and computer service activities62900Computer programming, consultancy and related activities72600Scientific research and development+3
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | 36,9 k € | -7.6% | 39,9 k € | +1336% | 2,8 k € | +1073% | -285,4 € | -104% | 6,8 k € | -10.2% | 7,5 k € | -7.5% | 8,2 k € | -14.7% | 9,6 k € | +282% | -5,3 k € | -203% | -1,7 k € | -146% | 3,8 k € | +172% | -5,2 k € | -2.3% | -5,1 k € | -107% | 75 k € | -9.3% | 82,7 k € | +43.1% | 57,8 k € |
| EBITDA | 35,5 k € | -8.2% | 38,7 k € | +2230% | 1,7 k € | +225% | -1,3 k € | -123% | 5,7 k € | -13.0% | 6,5 k € | -6.8% | 7 k € | -12.4% | 8 k € | +223% | -6,5 k € | -128% | -2,9 k € | -191% | 3,1 k € | +150% | -6,3 k € | -2.1% | -6,1 k € | -108% | 73,9 k € | -6.1% | 78,8 k € | +38.4% | 56,9 k € |
| Operating result | 17,7 k € | -32.7% | 26,3 k € | +1573% | 1,6 k € | +211% | -1,4 k € | +15.2% | -1,7 k € | -105% | -814,9 € | -97.6% | -412,3 € | -172% | 573,7 € | +108% | -6,9 k € | -28.3% | -5,4 k € | -919% | 653,8 € | +109% | -7,2 k € | +2.9% | -7,4 k € | -110% | 72,3 k € | -6.0% | 76,9 k € | +54.0% | 49,9 k € |
| Net result | 8,9 k € | -48.4% | 17,3 k € | +1197% | 1,3 k € | +181% | -1,7 k € | +40.0% | -2,7 k € | -27.3% | -2,2 k € | -157% | -839,9 € | -120% | 4,1 k € | +158% | -7,1 k € | -124% | -3,2 k € | -444% | 922,3 € | +105% | -19,6 k € | -137% | -8,3 k € | -118% | 46,9 k € | +3.3% | 45,4 k € | +24.9% | 36,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 21,3 k € | +72.1% | 12,4 k € | +351% | -4,9 k € | +43.8% | -8,8 k € | -458% | -1,6 k € | -233% | 1,2 k € | -64.7% | 3,3 k € | -20.1% | 4,2 k € | +6254% | 65,8 € | -99.1% | 7,2 k € | -30.7% | 10,3 k € | -21.6% | 13,2 k € | -92.2% | 168,2 k € | -4.7% | 176,5 k € | +36.2% | 129,6 k € | +53.9% | 84,2 k € |
| Total assets | 116,7 k € | +0.8% | 115,8 k € | +1357% | 7,9 k € | +76.4% | 4,5 k € | -61.9% | 11,8 k € | -46.3% | 22 k € | -27.9% | 30,5 k € | -26.8% | 41,7 k € | +1344% | 2,9 k € | -69.3% | 9,4 k € | -58.0% | 22,4 k € | -34.0% | 33,9 k € | -80.7% | 175,6 k € | -14.1% | 204,5 k € | +36.7% | 149,6 k € | +6.2% | 140,9 k € |
| Cash | 41,8 k € | +194% | 14,2 k € | +211% | 4,6 k € | +9.6% | 4,2 k € | +61.8% | 2,6 k € | -38.0% | 4,1 k € | +20.8% | 3,4 k € | +40.6% | 2,4 k € | +225% | 752,3 € | -89.7% | 7,3 k € | +204% | 2,4 k € | -84.8% | 15,8 k € | -51.5% | 32,6 k € | -40.0% | 54,3 k € | +146% | 22,1 k € | -38.2% | 35,8 k € |
| Debts | 94,1 k € | -7.8% | 102,1 k € | +750% | 12 k € | -3.2% | 12,4 k € | -1.3% | 12,6 k € | -37.2% | 20 k € | -23.9% | 26,3 k € | -28.2% | 36,6 k € | +1783% | 1,9 k € | +41.7% | 1,4 k € | -87.7% | 11,2 k € | -45.3% | 20,5 k € | +213% | 6,6 k € | -75.9% | 27,2 k € | +41.6% | 19,2 k € | -64.7% | 54,3 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 4 ended
Active mandates
Dieter Hubau
ActiveCharles Hubau
ActiveEnded mandates
Charles Hubau
EndedCharles Hubau
EndedDieter Hubau
EndedKarel Hubeau
EndedFinancials
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 | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/10/2025 | 30/10/2024 | 30/10/2023 | 26/09/2022 | 21/09/2021 | 21/09/2020 |
| General meeting | 21/10/2025 | 28/10/2024 | 17/10/2023 | 20/09/2022 | 21/09/2021 | 15/09/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/03/2025 | 21/10/2025 | 30/10/2025 | Dutch | |
| Micro model | 31/03/2024 | 28/10/2024 | 30/10/2024 | Dutch | |
| Micro model | 31/03/2023 | 17/10/2023 | 30/10/2023 | Dutch | |
| Micro model | 31/03/2022 | 20/09/2022 | 26/09/2022 | Dutch | |
| Micro model | 31/03/2021 | 21/09/2021 | 21/09/2021 | Dutch | |
| Micro model | 31/03/2020 | 15/09/2020 | 21/09/2020 | Dutch | |
| Micro model | 31/03/2019 | 21/09/2019 | 30/09/2019 | Dutch | |
| Micro model | 31/03/2018 | 18/09/2018 | 25/09/2018 | Dutch | |
| Micro model | 31/03/2017 | 19/09/2017 | 26/09/2017 | Dutch | |
| Abridged model | 31/03/2016 | 20/09/2016 | 21/09/2016 | Dutch | |
| Abridged model | 31/03/2015 | 22/09/2015 | 29/09/2015 | Dutch | |
| Abridged model | 31/03/2014 | 16/09/2014 | 22/09/2014 | Dutch | |
| Abridged model | 31/03/2013 | 17/09/2013 | 24/09/2013 | Dutch | |
| Abridged model | 31/03/2011 | 20/09/2011 | 22/09/2011 | Dutch | |
| Abridged model | 31/03/2010 | 21/09/2010 | 28/09/2010 | Dutch | |
| Abridged model | 31/03/2009 | 15/09/2009 | 18/09/2009 | Dutch | |
| Abridged model | 31/03/2008 | 16/09/2008 | 19/09/2008 | Dutch | |
| Abridged model | 31/03/2007 | 30/09/2007 | 29/10/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 4 ended
Active mandates
Dieter Hubau
ActiveCharles Hubau
ActiveEnded mandates
Charles Hubau
EndedCharles Hubau
EndedDieter Hubau
EndedKarel Hubeau
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20258,9 k €↓
- 2024Annual accounts 202417,3 k €↑
- 2023Annual accounts 20231,3 k €↑
- 2023Name changeTesh
- 2022Annual accounts 2022-1,7 k €↑
- 2022Name changeAd Consult
- 2019Annual accounts 2019-2,7 k €↓
- 2018Annual accounts 2018-2,2 k €↓
- 2017Annual accounts 2017-839,9 €↓
- 2016Annual accounts 20164,1 k €↑
- 2015Annual accounts 2015-7,1 k €↓
- 2014Annual accounts 2014-3,2 k €↓
- 2013Annual accounts 2013922,3 €↑
- 2011Annual accounts 2011-19,6 k €↓
- 2010Annual accounts 2010-8,3 k €↓
- 2009Annual accounts 200946,9 k €↑
- 2008Annual accounts 200845,4 k €↑
- 2007Annual accounts 200736,4 k €
- 16/07/2004IncorporationPrivate limited company