ACTIVE

TangentWorks

Financial year 2025 · Closed on 31/12/2025

Net result-908,6 k €+20,6 %over 1 year
Gross margin-196,1 k €+35,4 %over 1 year
Equity820,7 k €-52,5 %over 1 year
Workforce4,2 ETP-31,1 %over 1 year

Identity

Source · BCE/KBO

TangentWorks is a Private limited company incorporated in 2007. Its registered office is in Gent. It employs on average 4,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0892.656.851
Incorporation
04/10/2007
Legal form
Private limited company
Registered office
Ottergemsesteenweg-Zuid 808 box b555
9000 Gent · FlandreSee on map
Contributed capital
10 363 746,62 €
Latest accounts
31/12/2025
Average workforce
4,2 ETP
Joint committees (5)
  • 100
  • 1000
  • 200
  • 2000
  • 218
Signals
Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin-196,1 k €-303,7 k €-930,6 k €-231,1 k €-739,6 k €
EBITDA-589,3 k €-773,4 k €-1,2 M €-456,5 k €-1 M €
Operating result-894,6 k €-1,1 M €-1,6 M €-831,8 k €-1,3 M €
Net result-908,6 k €-1,1 M €-1,6 M €-853,4 k €-1,3 M €
Balance sheet
Equity820,7 k €1,7 M €2,9 M €4,5 M €1,6 M €
Total assets1,1 M €2,1 M €3,3 M €4,7 M €2 M €
Cash635,8 k €1,2 M €2 M €3,4 M €386,2 k €
Debts138,1 k €147,7 k €234,5 k €156,3 k €329,1 k €
Other
Workforce4,2 ETP6,1 ETP2,9 ETP3,7 ETP4,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 47 ended

Active mandates

Relaunch for the Future

Director · since 11 septembre 2021 · 0769.411.720

Represented by Leon Cappaert

Active
FOMCAP IV LP

Director · since 19 février 2020 · 0743.712.559

Represented by Volckaert WOUTER

Active
MOLENWATER GROEP

Director · since 19 février 2020 · 0819.868.744

Represented by ILSE DE REZ

Active
RE-innovate

Managing director · since 19 février 2020 · 0893.564.097

Represented by Henk De Metsenaere

Active
SAFFELBERG DIRECTOR & MANAGEMENT SERVICES

Director · since 19 février 2020 · 0898.306.310

Represented by Luc Osselaer

Active

Ended mandates

Relaunch for the Future

Director · since 10 mai 2022 · 0769.411.720

Represented by Leon CAPPAERT

Ended
DIRK MICHIELS

Director · since 19 février 2020 · until 11 septembre 2021

Ended
DIRK MICHIELS

Director · since 19 février 2020

Ended
FOMCAP IV LP BO

Director · since 19 février 2020

Represented by WOUTER VOLKAERT

Ended

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Full financial information

Source · NBB
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 date16/06/202610/06/202506/06/202419/07/202330/06/202205/08/2021
General meeting18/05/202619/05/202506/05/202420/06/202310/05/202230/06/2021
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/05/202616/06/2026DutchPDF
Abridged model31/12/202419/05/202510/06/2025DutchPDF
Abridged model31/12/202306/05/202406/06/2024DutchPDF
Abridged model31/12/202220/06/202319/07/2023DutchPDF
Abridged model31/12/202110/05/202230/06/2022DutchPDF
Abridged model31/12/202030/06/202105/08/2021DutchPDF
Abridged model31/12/201928/05/202023/06/2020DutchPDF
Abridged model31/12/201804/06/201921/06/2019DutchPDF
Abridged model31/12/201704/06/201824/07/2018DutchPDF
Abridged model31/12/201615/05/201722/05/2017DutchPDF
Abridged model31/12/201517/05/201617/06/2016DutchPDF
Abridged model31/12/201418/05/201531/07/2015DutchPDF
Abridged model31/12/201319/05/201429/08/2014DutchPDF
Abridged model31/12/201220/05/201329/08/2013FrenchPDF
Abridged model31/12/201114/05/201209/08/2012FrenchPDF
Abridged model31/12/201009/05/201130/08/2011FrenchPDF
Abridged model31/12/200910/05/201016/07/2010FrenchPDF
Abridged model31/12/200811/05/200903/06/2009FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 47 ended

Active mandates

Relaunch for the Future

Director · since 11 septembre 2021 · 0769.411.720

Represented by Leon Cappaert

Active
FOMCAP IV LP

Director · since 19 février 2020 · 0743.712.559

Represented by Volckaert WOUTER

Active
MOLENWATER GROEP

Director · since 19 février 2020 · 0819.868.744

Represented by ILSE DE REZ

Active
RE-innovate

Managing director · since 19 février 2020 · 0893.564.097

Represented by Henk De Metsenaere

Active
SAFFELBERG DIRECTOR & MANAGEMENT SERVICES

Director · since 19 février 2020 · 0898.306.310

Represented by Luc Osselaer

Active

Ended mandates

Relaunch for the Future

Director · since 10 mai 2022 · 0769.411.720

Represented by Leon CAPPAERT

Ended
DIRK MICHIELS

Director · since 19 février 2020 · until 11 septembre 2021

Ended
DIRK MICHIELS

Director · since 19 février 2020

Ended
FOMCAP IV LP BO

Director · since 19 février 2020

Represented by WOUTER VOLKAERT

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/02/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other13/01/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares27/10/2021
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares21/06/2021
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares22/07/2020
    KAPITAAL - AANDELEN
    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 2025-908,6 k €↑
  2. 2024
    Annual accounts 2024-1,1 M €↑
  3. 2023
    Annual accounts 2023-1,6 M €↓
  4. 2022
    Annual accounts 2022-853,4 k €↑
  5. 2021
    Annual accounts 2021-1,3 M €↑
  6. 2020
    Annual accounts 2020-1,4 M €↓
  7. 2019
    Annual accounts 2019-657,6 k €↓
  8. 2018
    Annual accounts 2018-642,8 k €↓
  9. 2017
    Annual accounts 2017-326 k €↑
  10. 2016
    Annual accounts 2016-349,5 k €↓
  11. 2015
    Annual accounts 2015-199,7 k €↓
  12. 2014
    Annual accounts 2014-119 k €↓
  13. 2013
    Annual accounts 2013-60,6 k €↓
  14. 2012
    Annual accounts 2012-5,9 k €↑
  15. 2011
    Annual accounts 2011-26,8 k €↓
  16. 2010
    Annual accounts 2010-4,7 k €↑
  17. 2009
    Annual accounts 2009-20,5 k €↓
  18. 2008
    Annual accounts 2008733,8 €
  19. 04/10/2007
    IncorporationPrivate limited company