ACTIVE

TOURTEX

Financial year 2025 · closed on 31/12/2025
Net result
-28,9 k €
-183.1% YoY
Gross margin
841,4 k €
-8.7% YoY
Equity
4,5 M €
-0.6% YoY
Workforce
4,8 ETP
0.0% YoY

What does TOURTEX do?

TOURTEX is a Public limited company incorporated in 2004. Its registered office is in Brugge. It employs on average 4,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0866.630.860
Incorporation
03/08/2004
Legal form
Public limited company
Registered office
Rederskaai 18
8380 Brugge · FlandreSee on map
Contributed capital
2 900 000,00 €
Latest accounts
31/12/2025
Average workforce
4,8 ETP
Joint committees (4)
  • 120
  • 12000
  • 214
  • 21400
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin841,4 k €921,5 k €963,8 k €1,1 M €394,2 k €1,8 M €804,8 k €877,1 k €920,1 k €1,4 M €-1,3 M €926,6 k €
EBITDA519,3 k €593,4 k €652,5 k €802,5 k €169,7 k €1,6 M €604,7 k €682,8 k €721,4 k €654,8 k €1,2 M €287,2 k €1,1 M €1,6 M €1,2 M €-147,6 k €-1,9 M €344,1 k €
Operating result35,5 k €110,2 k €174,9 k €373,8 k €-246,7 k €1,2 M €230,4 k €311,2 k €368,9 k €453,3 k €1,1 M €218,1 k €1,1 M €1,6 M €1,1 M €-249,1 k €-1,9 M €220 k €
Net result-28,9 k €34,8 k €88,3 k €283,3 k €-360,3 k €655,4 k €2,3 k €66,6 k €97,4 k €152,5 k €884,3 k €75 k €892,7 k €1,7 M €1 M €290,4 k €-2,1 M €250,3 k €
Balance sheet
Equity4,5 M €4,5 M €4,4 M €4,4 M €4,1 M €4,5 M €3,8 M €3,8 M €3,8 M €3,7 M €3,5 M €2,6 M €2,6 M €1,7 M €-43,7 k €-1,1 M €-1,4 M €706,8 k €
Total assets11,7 M €14,2 M €11,9 M €10,5 M €10,2 M €11,2 M €10,9 M €9,4 M €10,4 M €10,7 M €11,2 M €7,6 M €6,4 M €3,2 M €3,5 M €4,7 M €1,5 M €2,9 M €
Cash209,6 k €205 k €44 k €18,7 k €96,1 k €297,5 k €145,5 k €19,7 k €83,9 k €147,3 k €174,7 k €353,9 k €51,6 k €121 k €440,6 k €101,8 k €40,8 k €51,9 k €
Debts7,3 M €9,8 M €7,4 M €6,2 M €6,1 M €6,6 M €7,1 M €5,6 M €6,6 M €7 M €6,1 M €3,6 M €3,1 M €915,1 k €3,5 M €5,8 M €2,8 M €2,1 M €
Other
Workforce4,8 ETP4,8 ETP4,9 ETP5,3 ETP3,8 ETP5,8 ETP5,8 ETP5,8 ETP5,5 ETP6,4 ETP7,4 ETP6,7 ETP6,3 ETP7,0 ETP6,2 ETP18,6 ETP23,4 ETP23,6 ETP
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 · 2 active · 14 ended

Active mandates

Cédric Bouckaert

Managing director

Active
Delphine BOUCKAERT

Director

Active

Ended mandates

Cédric Bouckaert

Managing director · since 25 juin 2019 · until 15 mai 2023

Ended
Delphine Bouckaert

Director · since 23 juin 2017 · until 15 mai 2023

Ended
Klein Burkel

Director · since 23 juin 2017 · 0442.987.320

Represented by Cédric Bouckaert

Ended
Delphine BOUCKAERT

Director · since 01 septembre 2006

Ended
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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 date17/07/202617/07/202512/07/202418/07/202327/07/202231/08/2021
General meeting30/06/202630/06/202514/06/202430/06/202330/06/202217/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202617/07/2026DutchPDF
Abridged model31/12/202430/06/202517/07/2025DutchPDF
Abridged model31/12/202314/06/202412/07/2024DutchPDF
Abridged model31/12/202230/06/202318/07/2023DutchPDF
Abridged model31/12/202130/06/202227/07/2022DutchPDF
Abridged model31/12/202017/05/202131/08/2021DutchPDF
Abridged model31/12/201918/05/202019/05/2020DutchPDF
Abridged model31/12/201819/04/201917/05/2019DutchPDF
Abridged model31/12/201722/05/201820/06/2018DutchPDF
Abridged model31/12/201623/06/201717/07/2017DutchPDF
Full model31/12/201515/06/201612/07/2016DutchPDF
Abridged model31/12/201430/06/201508/07/2015DutchPDF
Abridged model31/12/201316/06/201408/07/2014DutchPDF
Full model31/12/201221/05/201325/06/2013DutchPDF
Full model31/12/201107/06/201206/07/2012DutchPDF
Full model31/12/201021/06/201113/07/2011DutchPDF
Full model31/12/200922/06/201009/07/2010DutchPDF
Full model31/12/200830/06/200928/08/2009DutchPDF
Abridged model31/12/200703/11/200819/12/2008DutchPDF
Abridged model31/12/200608/05/200728/02/2008DutchPDF
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 · 2 active · 14 ended

Active mandates

Cédric Bouckaert

Managing director

Active
Delphine BOUCKAERT

Director

Active

Ended mandates

Cédric Bouckaert

Managing director · since 25 juin 2019 · until 15 mai 2023

Ended
Delphine Bouckaert

Director · since 23 juin 2017 · until 15 mai 2023

Ended
Klein Burkel

Director · since 23 juin 2017 · 0442.987.320

Represented by Cédric Bouckaert

Ended
Delphine BOUCKAERT

Director · since 01 septembre 2006

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/04/2012
    DOEL - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/03/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/11/2009
    Zetelverplaatsing
    PDF
  • Mandates08/04/2008
    ONTSLAGEN - BENOEMINGEN
    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 2025-28,9 k €
  2. 2024
    Annual accounts 202434,8 k €
  3. 2023
    Annual accounts 202388,3 k €
  4. 2022
    Annual accounts 2022283,3 k €
  5. 2021
    Annual accounts 2021-360,3 k €
  6. 2018
    Annual accounts 2018655,4 k €
  7. 2017
    Annual accounts 20172,3 k €
  8. 2016
    Annual accounts 201666,6 k €
  9. 2015
    Annual accounts 201597,4 k €
  10. 2014
    Annual accounts 2014152,5 k €
  11. 2013
    Annual accounts 2013884,3 k €
  12. 2012
    Annual accounts 201275 k €
  13. 2011
    Annual accounts 2011892,7 k €
  14. 2010
    Annual accounts 20101,7 M €
  15. 2009
    Annual accounts 20091 M €
  16. 2008
    Annual accounts 2008290,4 k €
  17. 2007
    Annual accounts 2007-2,1 M €
  18. 2006
    Annual accounts 2006250,3 k €
  19. 03/08/2004
    IncorporationPublic limited company