ACTIVE

TEGELBEL

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Financial year 2025 · closed on 31/12/2025

Net result

45,5 k €

+20.0% YoY

Gross margin

88,1 k €

+34.1% YoY

Equity

87,7 k €

-53.9% YoY

What does TEGELBEL do?

TEGELBEL is a Private limited company incorporated in 2006. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Zaventem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.966.479

Incorporation

14/03/2006

Legal form

Private limited company

Registered office

Leuvensesteenweg 246 box 1
1932 Zaventem · FlandreSee on map

Contributed capital

10 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 41001Construction of buildings 41201Construction of residential and non-residential buildings 43120Site preparation 43120Site preparation+8

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	88,1 k €	+34.1%	65,7 k €	-46.3%	122,5 k €	+329%	28,6 k €	-17.4%	34,6 k €	+283%	9 k €	-60.9%	23,1 k €	-58.5%	55,7 k €	+56.7%	35,5 k €	-30.8%	51,4 k €	-21.2%	65,2 k €	-22.8%	84,5 k €	+6.5%	79,3 k €	+30.0%	61 k €	+31.2%	46,5 k €	+287%	12 k €	+1413982%	-0,9 €	+99.7%	-300 €
EBITDA	57,6 k €	+5.4%	54,7 k €	-55.1%	121,8 k €	+348%	27,2 k €	-18.5%	33,4 k €	+356%	7,3 k €	-64.0%	20,3 k €	-43.5%	36 k €	+3.7%	34,7 k €	-30.6%	50 k €	-21.7%	63,9 k €	-19.4%	79,3 k €	+1.7%	78 k €	+32.9%	58,7 k €	+30.3%	45 k €	+371%	9,6 k €	+2357%	-423,4 €	+39.8%	-703 €
Operating result	54,8 k €	+4.3%	52,5 k €	-56.7%	121,3 k €	+447%	22,2 k €	-22.7%	28,7 k €	+982%	2,7 k €	-82.7%	15,3 k €	-50.6%	31 k €	-9.9%	34,4 k €	-30.5%	49,4 k €	-17.0%	59,6 k €	-18.3%	72,9 k €	+1.8%	71,6 k €	+36.6%	52,4 k €	+33.2%	39,3 k €	+427%	7,5 k €	+1861%	-423,4 €	+39.8%	-703 €
Net result	45,5 k €	+20.0%	37,9 k €	-60.5%	96,1 k €	+292%	24,5 k €	-8.6%	26,8 k €	+37.7%	19,5 k €	-29.6%	27,7 k €	-27.5%	38,2 k €	-10.6%	42,7 k €	-22.6%	55,2 k €	-0.4%	55,4 k €	+8.0%	51,3 k €	-0.6%	51,6 k €	+23.3%	41,9 k €	+42.5%	29,4 k €	+428%	5,6 k €	+1240%	415,2 €	+230%	126 €
Balance sheet
Equity	87,7 k €	-53.9%	190,4 k €	-3.6%	197,4 k €	+38.6%	142,5 k €	-26.2%	193 k €	-32.0%	283,8 k €	+7.4%	264,4 k €	+11.7%	236,7 k €	+11.9%	211,6 k €	+12.0%	188,9 k €	+15.4%	163,7 k €	+26.6%	129,3 k €	+30.6%	99 k €	+44.7%	68,4 k €	+68.6%	40,6 k €	+207%	13,2 k €	+72.8%	7,6 k €	+5.7%	7,2 k €
Total assets	255,6 k €	-17.1%	308,3 k €	-1.8%	313,9 k €	+14.9%	273,2 k €	-22.7%	353,4 k €	+11.2%	317,9 k €	+5.3%	301,9 k €	+4.6%	288,7 k €	+14.1%	252,9 k €	-4.3%	264,3 k €	+31.3%	201,2 k €	+15.7%	173,9 k €	+21.0%	143,8 k €	-0.3%	144,3 k €	+93.1%	74,7 k €	+216%	23,7 k €	+178%	8,5 k €	+3.4%	8,2 k €
Cash	5,9 k €	-36.1%	9,3 k €		–		–		–		–		–		–		–		–		–		5 k €		–		–		9,6 k €		–		–		–
Debts	167,9 k €	+42.3%	118 k €	+1.2%	116,5 k €	-10.8%	130,7 k €	-18.5%	160,4 k €	+371%	34 k €	-9.3%	37,5 k €	-27.6%	51,9 k €	+25.7%	41,3 k €	-45.3%	75,4 k €	+101%	37,5 k €	-15.6%	44,4 k €	-0.7%	44,7 k €	-40.8%	75,5 k €	+121%	34,1 k €	+226%	10,5 k €	+1104%	868,6 €	-13.5%	1 k €

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 · 1 active · 2 ended

Active mandates

MUSTAFA YUSEIN

Mandate

Active

Ended mandates

HALIL YUSEIN MUSTAPHA

Mandate

Ended

YUSUF MYUMYUN RASIM

Mandate

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	29/08/2026	22/08/2025	07/10/2024	04/10/2023	24/09/2022	25/10/2021
General meeting	31/07/2026	21/08/2025	30/08/2024	30/09/2023	30/07/2022	30/07/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	31/07/2026	29/08/2026	Dutch	PDF
Micro model	31/12/2024	21/08/2025	22/08/2025	Dutch	PDF
Micro model	31/12/2023	30/08/2024	07/10/2024	French	PDF
Micro model	31/12/2022	30/09/2023	04/10/2023	French	PDF
Abridged model	31/12/2021	30/07/2022	24/09/2022	French	PDF
Abridged model	31/12/2020	30/07/2021	25/10/2021	French	PDF
Abridged model	31/12/2019	01/07/2020	22/07/2020	French	PDF
Abridged model	31/12/2018	30/07/2019	16/09/2019	French	PDF
Abridged model	31/12/2017	30/07/2018	25/09/2018	French	PDF
Abridged model	31/12/2016	30/07/2017	28/09/2017	French	PDF
Abridged model	31/12/2015	30/07/2016	30/09/2016	French	PDF
Abridged model	31/12/2014	30/07/2015	30/09/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	08/07/2014	French	PDF
Abridged model	31/12/2012	30/07/2013	24/09/2013	French	PDF
Abridged model	31/12/2011	28/06/2012	04/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	01/08/2011	French	PDF
Abridged model	31/12/2009	12/04/2010	14/04/2010	French	PDF
Abridged model	31/12/2008	30/09/2009	29/10/2009	French	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 · 1 active · 2 ended

Active mandates

MUSTAFA YUSEIN

Mandate

Active

Ended mandates

HALIL YUSEIN MUSTAPHA

Mandate

Ended

YUSUF MYUMYUN RASIM

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/09/2024
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office10/07/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/05/2018
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates22/01/2018
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates17/02/2016
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates10/08/2015
DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office15/12/2014
SIEGE SOCIAL - CAPITAL, ACTIONS
PDF
Capital / shares13/11/2013
CAPITAL, ACTIONS
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 202545,5 k €↑
2024
Annual accounts 202437,9 k €↓
2023
Annual accounts 202396,1 k €↑
2022
Annual accounts 202224,5 k €↓
2021
Annual accounts 202126,8 k €↑
2020
Annual accounts 202019,5 k €↓
2019
Annual accounts 201927,7 k €↓
2018
Annual accounts 201838,2 k €↓
2017
Annual accounts 201742,7 k €↓
2016
Annual accounts 201655,2 k €↓
2015
Annual accounts 201555,4 k €↑
2014
Annual accounts 201451,3 k €↓
2013
Annual accounts 201351,6 k €↑
2012
Annual accounts 201241,9 k €↑
2011
Annual accounts 201129,4 k €↑
2010
Annual accounts 20105,6 k €↑
2009
Annual accounts 2009415,2 €↑
2008
Annual accounts 2008126 €
14/03/2006
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

TEGELBEL

Overview

What does TEGELBEL do?

Trend over 18 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