ACTIVE

TES-ENGINEERING

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Financial year 2025 · closed on 31/12/2025

Net result

30,1 k €

+392.8% YoY

Gross margin

33,1 k €

+138.9% YoY

Equity

233,2 k €

+14.8% YoY

What does TES-ENGINEERING do?

TES-ENGINEERING is a Private limited company incorporated in 2007. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Pelt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0886.682.146

Incorporation

24/01/2007

Legal form

Private limited company

Registered office

Molenstraat 123
3910 Pelt · FlandreSee on map

Contributed capital

12 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities 62010Computer programming activities 62020Computer consultancy activities 62100Computer programming, consultancy and related activities+9

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	33,1 k €	+139%	13,9 k €	+283%	-7,6 k €	+19.2%	-9,4 k €	+55.7%	-21,2 k €	-458%	-3,8 k €	-105%	72,1 k €	+73.8%	41,5 k €	-48.0%	79,9 k €	+75.6%	45,5 k €	+21.1%	37,6 k €	-2.2%	38,4 k €	-44.1%	68,7 k €	+25.9%	54,6 k €	-8.2%	59,5 k €	+9.0%	54,6 k €	+68.2%	32,5 k €	-26.2%	44 k €	+13.6%	38,7 k €
EBITDA	32 k €	+151%	12,7 k €	+247%	-8,7 k €	+65.4%	-25,1 k €	-13.0%	-22,2 k €	-364%	-4,8 k €	-107%	71,2 k €	+78.5%	39,9 k €	-49.5%	78,9 k €	+87.4%	42,1 k €	+14.9%	36,7 k €	-2.4%	37,6 k €	-44.2%	67,3 k €	+25.2%	53,7 k €	-7.7%	58,2 k €	+9.3%	53,3 k €	+67.8%	31,7 k €	-27.0%	43,5 k €	+15.1%	37,8 k €
Operating result	32 k €	+459%	5,7 k €	+166%	-8,7 k €	+72.1%	-31,1 k €	-10.2%	-28,2 k €	-161%	-10,8 k €	-117%	65,2 k €	+92.4%	33,9 k €	-54.1%	73,8 k €	+100%	36,9 k €	+15.6%	31,9 k €	+3.0%	31 k €	-48.5%	60,2 k €	+29.3%	46,6 k €	-8.8%	51,1 k €	+13.7%	44,9 k €	+92.0%	23,4 k €	-37.6%	37,5 k €	+15.3%	32,5 k €
Net result	30,1 k €	+393%	6,1 k €	+173%	-8,4 k €	+73.2%	-31,4 k €	-10.2%	-28,5 k €	-160%	-11 k €	-121%	51,1 k €	+93.3%	26,4 k €	-43.0%	46,4 k €	+96.0%	23,7 k €	+64.0%	14,4 k €	-37.7%	23,2 k €	-43.6%	41 k €	+9.7%	37,4 k €	+1.0%	37 k €	+11.8%	33,1 k €	+69.7%	19,5 k €	-28.7%	27,4 k €	+11.0%	24,7 k €
Balance sheet
Equity	233,2 k €	+14.8%	203,1 k €	+3.1%	197 k €	-4.1%	205,4 k €	-13.2%	236,8 k €	-10.9%	265,8 k €	-4.0%	276,7 k €	+22.3%	226,3 k €	-29.6%	321,3 k €	+16.6%	275,5 k €	+9.4%	251,9 k €	+6.1%	237,4 k €	+153%	93,7 k €	-49.8%	186,6 k €	+25.1%	149,2 k €	+33.0%	112,2 k €	+41.9%	79,1 k €	+32.8%	59,6 k €	+85.1%	32,2 k €
Total assets	249,3 k €	+19.0%	209,5 k €	+0.0%	209,4 k €	-3.0%	215,9 k €	-11.8%	244,7 k €	-10.1%	272,3 k €	-9.1%	299,7 k €	+27.2%	235,6 k €	-36.2%	369,4 k €	+16.3%	317,6 k €	-6.9%	341 k €	+13.7%	299,8 k €	+18.8%	252,4 k €	+22.5%	206,1 k €	+11.5%	184,9 k €	+35.1%	136,9 k €	+32.4%	103,3 k €	+28.7%	80,3 k €	+42.0%	56,6 k €
Cash	189,8 k €	+5.5%	179,8 k €	-6.4%	192 k €	-6.1%	204,5 k €	-6.6%	218,9 k €	-9.0%	240,7 k €	-2.4%	246,6 k €	+36.3%	180,9 k €	-46.8%	339,9 k €	+19.3%	284,8 k €	-9.9%	316 k €	+14.3%	276,5 k €	+28.7%	214,9 k €	+19.4%	180 k €	+15.3%	156,1 k €	+54.3%	101,1 k €	+21.5%	83,2 k €	+33.6%	62,3 k €	+98.4%	31,4 k €
Debts	16 k €	+153%	6,3 k €	-44.7%	11,4 k €	+23.1%	9,3 k €	+17.8%	7,9 k €	+28.6%	6,1 k €	-73.3%	22,9 k €	+158%	8,9 k €	-81.3%	47,6 k €	+13.0%	42,1 k €	-52.8%	89,2 k €	+42.9%	62,4 k €	-60.7%	158,7 k €	+717%	19,4 k €	-45.5%	35,6 k €	+44.5%	24,7 k €	+1.7%	24,3 k €	+16.9%	20,7 k €	-15.0%	24,4 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 · 4 ended

Active mandates

Martinus Van Seggelen

Director · since 11 janvier 2007

Active

Ended mandates

Martinus Van Seggelen

Director · since 11 janvier 2007 · until 31 décembre 9999

Ended

Martinus Van Seggelen

Manager · since 11 janvier 2007

Ended

Martinus Van Seggelen

Director

Ended

Martinus Van Seggelen

Manager

Ended

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	23/06/2026	24/06/2025	14/06/2024	06/07/2023	11/07/2022	09/07/2021
General meeting	09/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	09/06/2026	23/06/2026	Dutch	PDF
Micro model	31/12/2024	06/06/2025	24/06/2025	Dutch	PDF
Micro model	31/12/2023	07/06/2024	14/06/2024	Dutch	PDF
Micro model	31/12/2022	02/06/2023	06/07/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	11/07/2022	Dutch	PDF
Micro model	31/12/2020	04/06/2021	09/07/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	10/07/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	02/07/2018	Dutch	PDF
Micro model	31/12/2016	02/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	12/07/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	11/07/2008	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 · 1 active · 4 ended

Active mandates

Martinus Van Seggelen

Director · since 11 janvier 2007

Active

Ended mandates

Martinus Van Seggelen

Director · since 11 janvier 2007 · until 31 décembre 9999

Ended

Martinus Van Seggelen

Manager · since 11 janvier 2007

Ended

Martinus Van Seggelen

Director

Ended

Martinus Van Seggelen

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares22/03/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares27/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other01/02/2007
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 202530,1 k €↑
2024
Annual accounts 20246,1 k €↑
2023
Annual accounts 2023-8,4 k €↑
2022
Annual accounts 2022-31,4 k €↓
2021
Annual accounts 2021-28,5 k €↓
2020
Annual accounts 2020-11 k €↓
2019
Annual accounts 201951,1 k €↑
2018
Annual accounts 201826,4 k €↓
2017
Annual accounts 201746,4 k €↑
2016
Annual accounts 201623,7 k €↑
2015
Annual accounts 201514,4 k €↓
2014
Annual accounts 201423,2 k €↓
2013
Annual accounts 201341 k €↑
2012
Annual accounts 201237,4 k €↑
2011
Annual accounts 201137 k €↑
2010
Annual accounts 201033,1 k €↑
2009
Annual accounts 200919,5 k €↓
2008
Annual accounts 200827,4 k €↑
2007
Annual accounts 200724,7 k €
24/01/2007
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

TES-ENGINEERING

Overview

What does TES-ENGINEERING do?

Trend over 19 financial years

Indicative valuation

Board of directors

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