ACTIVE

TEGELPROJECT

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Financial year 2025 · closed on 31/12/2025

Net result

-17,5 k €

+46.7% YoY

Gross margin

2,6 k €

-36.0% YoY

Equity

340,8 k €

-18.9% YoY

What does TEGELPROJECT do?

TEGELPROJECT is a Private company with limited liability incorporated in 2005. Its main activity is: Floor and wall covering. Its registered office is in Oostende.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.406.914

Incorporation

10/03/2005

Legal form

Private company with limited liability

Registered office

Oudenburgsesteenweg 31 box D11
8400 Oostende · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

43331Floor and wall covering· main 43331Floor and wall covering 43310Plastering 43310Plastering 43350Building completion and finishing 43390Other building completion and finishing+6

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

Solid equityLow riskGood liquidityPositive EBITDA

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Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,6 k €	-36.0%	4 k €	-91.8%	49,3 k €	-53.3%	105,6 k €	+334%	24,3 k €	-82.6%	139,4 k €	+17.4%	118,7 k €	-3.5%	123 k €	-50.8%	250 k €	-2.1%	255,5 k €	+59.3%	160,4 k €	+10.5%	145,2 k €	-22.0%	186,2 k €	+11.1%	167,6 k €	-12.8%	192,2 k €	+98.2%	97 k €	-11.0%	108,9 k €	-9.0%	119,6 k €	+50.7%	79,4 k €	-49.6%	157,3 k €
EBITDA	1,3 k €	-36.4%	2 k €	-95.5%	45,4 k €	-25.6%	61,1 k €	+321%	-27,6 k €	-126%	105,8 k €	+6.3%	99,5 k €	+41.9%	70,1 k €	-63.2%	190,4 k €	-3.0%	196,4 k €	+81.3%	108,3 k €	+24.0%	87,4 k €	-4.8%	91,8 k €	+30.1%	70,6 k €	-0.2%	70,7 k €	+58.0%	44,8 k €	-28.0%	62,2 k €	-13.2%	71,6 k €	+103%	35,3 k €	-65.7%	102,9 k €
Operating result	-10,2 k €	-947%	1,2 k €	-97.3%	44,2 k €	-24.7%	58,8 k €	+286%	-31,6 k €	-131%	102,4 k €	+6.5%	96,2 k €	+99.8%	48,2 k €	-71.1%	166,7 k €	-3.9%	173,5 k €	+115%	80,8 k €	+14.2%	70,8 k €	-5.3%	74,7 k €	+27.5%	58,6 k €	-1.5%	59,5 k €	+75.7%	33,9 k €	-36.8%	53,6 k €	-12.6%	61,3 k €	+179%	22 k €	-68.3%	69,3 k €
Net result	-17,5 k €	+46.7%	-32,7 k €	-244%	22,7 k €	-37.8%	36,5 k €	+226%	-28,9 k €	-141%	70 k €	+13.3%	61,8 k €	+120%	28,1 k €	-73.3%	105,3 k €	+9.8%	95,9 k €	+112%	45,3 k €	+10.2%	41,1 k €	-4.6%	43,1 k €	+31.7%	32,7 k €	+7.2%	30,5 k €	+51.5%	20,1 k €	-43.6%	35,7 k €	-15.4%	42,3 k €	+262%	11,7 k €	-77.4%	51,8 k €
Balance sheet
Equity	340,8 k €	-18.9%	420,1 k €	-36.4%	661 k €	+3.6%	638,3 k €	+6.1%	601,8 k €	-4.6%	630,6 k €	+12.5%	560,7 k €	+12.4%	498,9 k €	+6.0%	470,7 k €	+28.8%	365,5 k €	+35.6%	269,6 k €	+20.2%	224,3 k €	+22.4%	183,2 k €	+24.5%	147,1 k €	+18.2%	124,5 k €	-13.5%	144 k €	+16.3%	123,8 k €	+40.6%	88,1 k €	+103%	43,4 k €	-29.7%	61,8 k €
Total assets	526,9 k €	-1.0%	532,1 k €	-34.3%	809,5 k €	+2.0%	793,7 k €	-32.6%	1,2 M €	+27.6%	923,4 k €	+5.8%	873,2 k €	+23.9%	704,6 k €	-5.8%	748,2 k €	+18.1%	633,7 k €	+12.5%	563,1 k €	+1.3%	556 k €	+4.7%	531,1 k €	+1.9%	521 k €	+3.0%	506 k €	+7.3%	471,6 k €	+112%	222,3 k €	+38.1%	161 k €	+32.1%	121,9 k €	-4.5%	127,6 k €
Cash	446,2 k €	-9.0%	490,3 k €	+67.5%	292,8 k €	+14.4%	255,9 k €	-26.1%	346,3 k €	-59.4%	853 k €	+12.8%	756,4 k €	+95.1%	387,6 k €	-3.5%	401,7 k €	+40.2%	286,6 k €	+28.2%	223,5 k €	+2.6%	217,8 k €	+8.7%	200,3 k €	+79.4%	111,6 k €	-22.2%	143,5 k €	-4.7%	150,5 k €	-8.0%	163,6 k €	+27.7%	128,1 k €	+142%	53 k €	-8.9%	58,2 k €
Debts	178,8 k €	+70.4%	105 k €	-26.9%	143,6 k €	-5.5%	151,9 k €	-73.4%	570,5 k €	+99.4%	286,1 k €	-4.4%	299,2 k €	+47.2%	203,3 k €	-25.9%	274,4 k €	+3.0%	266,4 k €	-8.2%	290,1 k €	-11.6%	328,3 k €	-4.7%	344,5 k €	-7.0%	370,2 k €	-2.6%	380,1 k €	+16.4%	326,4 k €	+237%	97 k €	+33.1%	72,9 k €	-7.1%	78,4 k €	+19.1%	65,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	-50.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Kristel Coppe

Director · since 01 janvier 2010

Active

Gino De Blanger

Director · since 24 février 2005

Active

Ended mandates

Kristel Coppe

Manager · since 01 janvier 2010

Ended

Gino De Blanger

Manager · since 24 février 2005

Ended

DE BLANGER GINO

Manager

Ended

At this address

Other companies at this address

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CST LASWERK● Active	0771.365.279
DEKUYPER PRODUCTS● Active	0459.425.355
ELEVATE● Active	0801.837.632
Het Compas● Active	0415.377.061
HIELE & DEFREYNE● Active	0556.634.696
MrPackage● Active	0750.710.021
NIVIC● Active	0474.940.011
OLDBURG ROAD ESTATES● Active	1030.107.237
PANOWOOD● Active	0772.776.135
Personal Health Plan● Active	0728.662.317
PRIME FORESTS● Active	0674.612.927
PUBLICAE● Active	0449.739.213
VERSO LOGISTIC● Active	0663.913.926

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	01/01/2025	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	31/07/2026	31/10/2025	27/09/2024	30/08/2023	28/09/2022	26/08/2021
General meeting	30/05/2026	31/05/2025	25/05/2024	27/05/2023	28/05/2022	29/05/2021
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	31/07/2026	Dutch	PDF
Micro model	31/12/2024	31/05/2025	31/10/2025	Dutch	PDF
Micro model	31/12/2023	25/05/2024	27/09/2024	Dutch	PDF
Micro model	31/12/2022	27/05/2023	30/08/2023	Dutch	PDF
Micro model	31/12/2021	28/05/2022	28/09/2022	Dutch	PDF
Micro model	31/12/2020	29/05/2021	26/08/2021	Dutch	PDF
Micro model	31/12/2019	30/05/2020	25/08/2020	Dutch	PDF
Micro model	31/12/2018	25/05/2019	28/08/2019	Dutch	PDF
Micro model	31/12/2017	26/05/2018	30/08/2018	Dutch	PDF
Micro model	31/12/2016	27/05/2017	16/08/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	04/08/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	17/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	25/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	02/08/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	28/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	20/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 2 active · 3 ended

Active mandates

Kristel Coppe

Director · since 01 janvier 2010

Active

Gino De Blanger

Director · since 24 février 2005

Active

Ended mandates

Kristel Coppe

Manager · since 01 janvier 2010

Ended

Gino De Blanger

Manager · since 24 février 2005

Ended

DE BLANGER GINO

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office16/07/2020
MAATSCHAPPELIJKE ZETEL
PDF
Registered office29/12/2010
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2005
ONTSLAGEN - BENOEMINGEN
PDF
Other18/03/2005
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 2025-17,5 k €↑
2024
Annual accounts 2024-32,7 k €↓
2023
Annual accounts 202322,7 k €↓
2022
Annual accounts 202236,5 k €↑
2021
Annual accounts 2021-28,9 k €↓
2020
Annual accounts 202070 k €↑
2019
Annual accounts 201961,8 k €↑
2018
Annual accounts 201828,1 k €↓
2017
Annual accounts 2017105,3 k €↑
2016
Annual accounts 201695,9 k €↑
2015
Annual accounts 201545,3 k €↑
2014
Annual accounts 201441,1 k €↓
2013
Annual accounts 201343,1 k €↑
2012
Annual accounts 201232,7 k €↑
2011
Annual accounts 201130,5 k €↑
2010
Annual accounts 201020,1 k €↓
2009
Annual accounts 200935,7 k €↓
2008
Annual accounts 200842,3 k €↑
2007
Annual accounts 200711,7 k €↓
2006
Annual accounts 200651,8 k €
10/03/2005
IncorporationPrivate company with limited liability

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

TEGELPROJECT

Overview

What does TEGELPROJECT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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