ACTIVE

TANGRAM CONSULTING

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Financial year 2025 · Closed on 31/12/2025

Net result
8,1 k €
-44,7 %over 1 year
Gross margin
19,9 k €
-22,7 %over 1 year
Equity
157,6 k €
+5,4 %over 1 year

Identity

Source · BCE/KBO

TANGRAM CONSULTING is a Public limited company incorporated in 2006. Its registered office is in Binche.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0880.116.731
Incorporation
21/03/2006
Legal form
Public limited company
Registered office
Rue de Walhain(BUV) 97
7133 Binche · WallonieSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin19,9 k €25,7 k €25,6 k €16,6 k €44,9 k €
EBITDA17,3 k €24,5 k €16 k €6 k €26,3 k €
Operating result15,1 k €23,1 k €14,7 k €4,2 k €24,7 k €
Net result8,1 k €14,6 k €8,1 k €1,1 k €16,8 k €
Balance sheet
Equity157,6 k €149,5 k €134,9 k €253,2 k €252,1 k €
Total assets164,9 k €152,8 k €156,5 k €282,5 k €274,6 k €
Cash67,3 k €64,8 k €65,7 k €184,4 k €253,4 k €
Debts7,4 k €3,1 k €21,6 k €29,3 k €22,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 8 ended

Active mandates

FREDERIC KOVAC

Director

Active

Ended mandates

Frédéric Michaël Kovac

Director · since 20 mars 2020

Ended
FREDERIC KOVAC

Manager · since 01 avril 2008

Ended
MICHEL KOVAC

Associate · since 01 avril 2008

Ended
FREDERIC KOVAC

Manager · since 01 avril 2006

Ended

Other companies at this address

Rue de Walhain(BUV) 97 7133 Binche
CompanyCBE no.
K2B INVEST● Active
0712.521.418

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date08/06/202609/07/202522/08/202407/07/202319/08/202225/08/2021
General meeting01/06/202602/06/202503/06/202405/06/202306/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202608/06/2026FrenchPDF
Micro model31/12/202402/06/202509/07/2025FrenchPDF
Micro model31/12/202303/06/202422/08/2024FrenchPDF
Micro model31/12/202205/06/202307/07/2023FrenchPDF
Micro model31/12/202106/06/202219/08/2022FrenchPDF
Micro model31/12/202007/06/202125/08/2021FrenchPDF
Micro model31/12/201902/06/202031/07/2020FrenchPDF
Micro model31/12/201803/06/201914/08/2019FrenchPDF
Micro model31/12/201704/06/201830/08/2018FrenchPDF
Micro model31/12/201606/06/201703/08/2017FrenchPDF
Abridged model31/12/201506/06/201607/07/2016FrenchPDF
Abridged model31/12/201401/06/201527/08/2015FrenchPDF
Abridged model31/12/201302/06/201428/08/2014FrenchPDF
Abridged model31/12/201224/06/201312/07/2013FrenchPDF
Abridged model31/12/201123/06/201217/09/2012FrenchPDF
Abridged model31/12/201024/06/201101/07/2011FrenchPDF
Abridged model31/12/200925/06/201002/07/2010FrenchPDF
Abridged model31/12/200827/06/200926/08/2009FrenchPDF
Abridged model31/12/200727/06/200831/07/2008FrenchPDF
Abridged model31/12/200629/06/200708/08/2007FrenchPDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 8 ended

Active mandates

FREDERIC KOVAC

Director

Active

Ended mandates

Frédéric Michaël Kovac

Director · since 20 mars 2020

Ended
FREDERIC KOVAC

Manager · since 01 avril 2008

Ended
MICHEL KOVAC

Associate · since 01 avril 2008

Ended
FREDERIC KOVAC

Manager · since 01 avril 2006

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/03/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other30/08/2012
    OBJET
    PDF
  • Other31/03/2006
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 20258,1 k €↓
  2. 2024
    Annual accounts 202414,6 k €↑
  3. 2023
    Annual accounts 20238,1 k €↑
  4. 2022
    Annual accounts 20221,1 k €↓
  5. 2021
    Annual accounts 202116,8 k €↑
  6. 2020
    Annual accounts 20203,2 k €↓
  7. 2019
    Annual accounts 201919 k €↑
  8. 2018
    Annual accounts 20187,4 k €↑
  9. 2017
    Annual accounts 20173,4 k €↓
  10. 2016
    Annual accounts 201615,1 k €↑
  11. 2015
    Annual accounts 20158 k €↓
  12. 2014
    Annual accounts 201435,4 k €↓
  13. 2013
    Annual accounts 201347,5 k €↓
  14. 2012
    Annual accounts 201271,4 k €↑
  15. 2011
    Annual accounts 201115,1 k €↓
  16. 2010
    Annual accounts 201038,8 k €↑
  17. 2009
    Annual accounts 200933,5 k €
  18. 21/03/2006
    IncorporationPublic limited company