Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Shrinking team NBB
FTE fell two years in a row, from 21.5 to 14.8.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
Tremco CPG Belgium from Tielt, company number BE0403812285, closed financial year 2026 with a result of € -2.1 million after tax. For that financial year Tremco CPG Belgium recorded revenue of € 15.1 million and equity of € 1.9 million. Compared with financial year 2025, the result moved from € -645,052 to € -2.1 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ 1.9 million
▼ 36% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.1 million
▼ 219 % more loss than in 2025
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2026
14.8
▼ 4.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 17% vs 2025
€ 111,700 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.
€ 4,601
▼ 65% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 1.4 million
▲ 59% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 344,399
▼ 22% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 12,301,562 | € 14,925,738 | € 14,597,686 | € 15,050,760 | ▲ 3% |
| Profit after taxes | € -1,705,334 | € -1,954,851 | € -645,052 | € -2,056,411 | ▼ € 1.4 million |
| Equity | € 1,064,404 | € 3,609,553 | € 2,964,501 | € 1,908,090 | ▼ 36% |
| Total debts | € 4,752,754 | € 1,859,625 | € 2,023,050 | € 2,494,587 | ▲ 23% |
| Land & buildings | - | € 20,573 | € 47,512 | € 41,326 | ▼ 13% |
| Retained profit | € 923,404 | € -1,031,447 | € -1,676,499 | € -1,732,910 | ▼ € 56,411 |
| Balance sheet total | € 6,024,666 | € 5,565,472 | € 4,987,551 | € 5,289,335 | ▲ 6% |
| Employees (FTE) | 21.7 | 21.5 | 19.3 | 14.8 | ▼ 4.5 |
Key figures of Tremco CPG Belgium, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 December 2027.
What happened to Tremco CPG Belgium?
What happened at Tremco CPG Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sander Braaksma stepped down as director. NBB
- Adam Kratzert stepped down as director. NBB
- Daniel Matthew Johnson stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 2.1 million. Source: NBB ↗
- Sander Braaksma became a director. NBB
- Adam Kratzert became a director. NBB
- Daniel Matthew Johnson became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.7 million loss in 2023 to € 2.1 million loss in 2026.
Paid € 11,604 in corporate taxes since 2023.
Pays suppliers within 34 days on average.
Management
The shares are held by Tremco illbruck Group GmbH (200%).
Directors
According to the 2026 annual accounts
Daniel Matthew Johnson
Managing director
since 2022 · until 2027
since 2024 · until 2029
Adam Kratzert
Director
since 2024 · until 2029
Shareholders
Tremco illbruck Group GmbH
200%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Solferinostraat 11B
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.812.285
- VAT number
- BE 0403.812.285
- Registered office
- Solferinostraat 11B, 8700 Tielt
- Names & denominations
- Tremco CPG Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 1956
- Peppol
- Not registered
- Activities · NACE
Groothandel in chemische producten voor industrieel gebruik