What does TEIN TECHNOLOGY do?

TEIN TECHNOLOGY is a wholesaler in Schaarbeek. Public Limited, started on 30 April 1954, 1 establishment.

What is the address of TEIN TECHNOLOGY?

The registered office of TEIN TECHNOLOGY is located at Daillylaan 50, 1030 Schaarbeek.

Is TEIN TECHNOLOGY still active?

Yes. According to the CBE (29 October 2026) TEIN TECHNOLOGY is active, legal situation “Normale toestand”, started on 30 April 1954.

Is TEIN TECHNOLOGY registered on Peppol?

Yes, TEIN TECHNOLOGY is registered on the Peppol network with ID 0208:0401902177.

What is the enterprise number of TEIN TECHNOLOGY?

The enterprise number of TEIN TECHNOLOGY is BE0401902177.

When was TEIN TECHNOLOGY founded?

TEIN TECHNOLOGY was founded on 30 April 1954.

Who are the directors of TEIN TECHNOLOGY?

According to the 2025 annual accounts, the directors of TEIN TECHNOLOGY are: Pierre WILLAERT, Patrick VASSART , Morgan LONCOUR, Michel DE COSTER, Frédéric LONCOUR.

Is TEIN TECHNOLOGY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 April 1954; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did TEIN TECHNOLOGY make in 2025?

TEIN TECHNOLOGY posted a profit after taxes of € 109,628 in financial year 2025.

What is the revenue of TEIN TECHNOLOGY?

In its most recent annual accounts (2025), TEIN TECHNOLOGY reported revenue of € 15,188,843.

How much does an employee at TEIN TECHNOLOGY earn?

The average wage cost per full-time employee at TEIN TECHNOLOGY was € 126,400 in 2025: staff costs of € 5.2 million for 40.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TEIN TECHNOLOGY have?

According to the 2025 annual accounts, TEIN TECHNOLOGY has 40.9 full-time equivalents (FTE).

TEIN TECHNOLOGY (Public Limited) - Schaarbeek

Dossier TEIN TECHNOLOGY, printed on 29 October 2026 from databakkes.be/en/0401902177/tein-technology. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2023.

Financials

Financial year 2025

TEIN TECHNOLOGY from Schaarbeek, company number BE0401902177, closed financial year 2025 with a result of € 109,628 after tax. For that financial year TEIN TECHNOLOGY recorded revenue of € 15.2 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 627,333 to € 109,628. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.

What it is worth Growing

€ 4.1 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 109,628

▼ 83% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 896,640

▼ 12% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 45,375 paid out

41 % of the profit went to the shareholders, mostly to TT CAPITAL GROUP (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

40.9

▲ 3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.2 million

▲ 21% vs 2024

€ 126,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 77,954

▲ 19% vs 2024

Of which on lease € 1,245.

Debts at end 2025

Bank debt

€ 3.1 million

▼ 8% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 2.3 million

▲ 11% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.

Taxes and wages

€ 674,344

▲ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 14,714,798 Revenue 2022: € 14,714,798 First fiscal year in the series	€ 14,751,783 Revenue 2023: € 14,751,783 Unchanged (€ 14,714,798) Favourable step	€ 14,891,754 Revenue 2024: € 14,891,754 ▲ 1% vs 2023 (€ 14,751,783) Favourable step	€ 15,188,843 Revenue 2025: € 15,188,843 ▲ 2% vs 2024 (€ 14,891,754) Favourable step	▲ 2%
Profit after taxes	€ 38,310 Profit after taxes 2022: € 38,310 First fiscal year in the series	€ 584,500 Profit after taxes 2023: € 584,500 ▲ € 546,190 vs 2022 (€ 38,310) Favourable step	€ 627,333 Profit after taxes 2024: € 627,333 ▲ 7% vs 2023 (€ 584,500) Favourable step	€ 109,628 Profit after taxes 2025: € 109,628 ▼ 83% vs 2024 (€ 627,333) Unfavourable step	▼ 83%
Equity	€ 3,324,970 Equity 2022: € 3,324,970 First fiscal year in the series	€ 3,455,596 Equity 2023: € 3,455,596 ▲ 4% vs 2022 (€ 3,324,970) Favourable step	€ 4,003,304 Equity 2024: € 4,003,304 ▲ 16% vs 2023 (€ 3,455,596) Favourable step	€ 4,067,556 Equity 2025: € 4,067,556 ▲ 2% vs 2024 (€ 4,003,304) Favourable step	▲ 2%
Total debts	€ 5,959,918 Total debts 2022: € 5,959,918 First fiscal year in the series	€ 7,475,706 Total debts 2023: € 7,475,706 ▲ 25% vs 2022 (€ 5,959,918) Unfavourable step	€ 6,234,749 Total debts 2024: € 6,234,749 ▼ 17% vs 2023 (€ 7,475,706) Favourable step	€ 6,635,937 Total debts 2025: € 6,635,937 ▲ 6% vs 2024 (€ 6,234,749) Unfavourable step	▲ 6%
Cash	€ 552,517 Cash 2022: € 552,517 First fiscal year in the series	€ 992,411 Cash 2023: € 992,411 ▲ 80% vs 2022 (€ 552,517) Favourable step	€ 1,020,413 Cash 2024: € 1,020,413 ▲ 3% vs 2023 (€ 992,411) Favourable step	€ 896,640 Cash 2025: € 896,640 ▼ 12% vs 2024 (€ 1,020,413) Unfavourable step	▼ 12%
Land & buildings	€ 977,222 Land & buildings 2022: € 977,222 First fiscal year in the series	€ 841,124 Land & buildings 2023: € 841,124 ▼ 14% vs 2022 (€ 977,222) Unchanged	€ 653,997 Land & buildings 2024: € 653,997 ▼ 22% vs 2023 (€ 841,124) Unchanged	€ 466,871 Land & buildings 2025: € 466,871 ▼ 29% vs 2024 (€ 653,997) Unchanged	▼ 29%
Retained profit	€ 2,574,970 Retained profit 2022: € 2,574,970 First fiscal year in the series	€ 2,705,596 Retained profit 2023: € 2,705,596 ▲ 5% vs 2022 (€ 2,574,970) Favourable step	€ 3,253,304 Retained profit 2024: € 3,253,304 ▲ 20% vs 2023 (€ 2,705,596) Favourable step	€ 3,317,556 Retained profit 2025: € 3,317,556 ▲ 2% vs 2024 (€ 3,253,304) Favourable step	▲ 2%
Dividend	€ 28,875 Dividend 2022: € 28,875 First fiscal year in the series	€ 453,875 Dividend 2023: € 453,875 ▲ € 425,000 vs 2022 (€ 28,875) Unchanged	€ 79,625 Dividend 2024: € 79,625 ▼ 82% vs 2023 (€ 453,875) Unchanged	€ 45,375 Dividend 2025: € 45,375 ▼ 43% vs 2024 (€ 79,625) Unchanged	▼ 43%
Bank debt	€ 3,323,218 Bank debt 2022: € 3,323,218 First fiscal year in the series	€ 3,323,979 Bank debt 2023: € 3,323,979 Unchanged (€ 3,323,218) Unfavourable step	€ 3,323,919 Bank debt 2024: € 3,323,919 Unchanged (€ 3,323,979) Favourable step	€ 3,073,714 Bank debt 2025: € 3,073,714 ▼ 8% vs 2024 (€ 3,323,919) Favourable step	▼ 8%
Balance sheet total	€ 9,284,888 Balance sheet total 2022: € 9,284,888 First fiscal year in the series	€ 10,931,302 Balance sheet total 2023: € 10,931,302 ▲ 18% vs 2022 (€ 9,284,888) Unchanged	€ 10,238,053 Balance sheet total 2024: € 10,238,053 ▼ 6% vs 2023 (€ 10,931,302) Unchanged	€ 10,703,493 Balance sheet total 2025: € 10,703,493 ▲ 5% vs 2024 (€ 10,238,053) Unchanged	▲ 5%
Employees (FTE)	41.7 Employees (FTE) 2022: 41.7 First fiscal year in the series	39.5 Employees (FTE) 2023: 39.5 ▼ 2.2 vs 2022 (41.7) Unchanged	37.9 Employees (FTE) 2024: 37.9 ▼ 1.6 vs 2023 (39.5) Unchanged	40.9 Employees (FTE) 2025: 40.9 ▲ 3 vs 2024 (37.9) Unchanged	▲ 3

Key figures of TEIN TECHNOLOGY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to TEIN TECHNOLOGY?

What happened at TEIN TECHNOLOGY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Morgan LONCOUR stepped down as director. NBB
2027 Pierre WILLAERT stepped down as director. NBB
2027 Patrick VASSART stepped down as director. NBB
2027 Frédéric LONCOUR stepped down as director. NBB
2027 Michel DE COSTER stepped down as director. NBB
Jul 3, 2026 New annual accounts for financial year 2025: profit of € 109,628 (▼ 83% vs 2024). Source: NBB ↗
2025 Michel DE COSTER became a director. NBB
2024 Morgan LONCOUR became a director. NBB

In short

From € 38,310 profit in 2022 to € 109,628 profit in 2025.

Paid € 73,376 in corporate taxes since 2022.

Best year ever: 2024, with € 627,333 profit.

Paid out € 607,750 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

TT CAPITAL GROUP 99.9%

The stake of TT CAPITAL GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TEIN TECHNOLOGY

TEIN TECHNOLOGY B.V. 100%

The shares are held by TT CAPITAL GROUP (99.9%). It owns 100% of TEIN TECHNOLOGY B.V. itself.

Directors

According to the 2025 annual accounts

Pierre WILLAERT

Director

since 2023 · until 2027

Patrick VASSART

Director

Also active at: SOFINABEL

since 2023 · until 2027

Morgan LONCOUR

Administrateur

Also active at: SOFINABEL

since 2024 · until 2027

Michel DE COSTER

Director

Also active at: Terlamen, GROUP A, Ancienne Belgique, AVIA-GIS, M.D.C., VLAAMSE VERENIGING VOOR ICT-PERSONEEL, Verelst International, XPERTOPINION

since 2025 · until 2027

Frédéric LONCOUR

Managing director

Also active at: SOFINABEL, TT CAPITAL GROUP, TT CAPITAL

since 2023 · until 2027

Shareholders

TT CAPITAL GROUP

99.9%

Participations

TEIN TECHNOLOGY B.V.

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Daillylaan 50

1030 Schaarbeek

2.003.571.325

Weldoenersplein 7

1030 Schaarbeek

Active since 1 April 1954

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0401.902.177

VAT number

BE 0401.902.177

Registered office

Daillylaan 50, 1030 Schaarbeek

Names & denominations

TEIN TECHNOLOGY

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 April 1954

Peppol

Active · Active since 19 Feb 2025

Activities · NACE

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Algemene elektrotechnische installatiewerken

Elektrische installatie

Vervaardiging van communicatieapparatuur

Overige groothandel

Niet-gespecialiseerde groothandel

View on CBE Public ↗ Annual accounts (NBB) ↗

TEIN TECHNOLOGY

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Financials

What happened to TEIN TECHNOLOGY?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions