Financials
Financial year 2025
TANGHE from Ichtegem, company number BE0412921476, closed financial year 2025 with a result of € 2,451 after tax. For that financial year TANGHE recorded revenue of € 9.1 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 16,997 to € 2,451. 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 1, 2026.
€ 3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,451
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 170,308
▲ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 444,652.
People and assets in 2025
16.1
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 11% vs 2024
€ 74,300 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.
€ 1.1 million
▲ 6% vs 2024
Of which on lease € 977,923.
Debts at end 2025
€ 774,982
▲ 22% vs 2024
€ 495,340 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1.1 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 118,822
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,500,749 | € 8,563,892 | € 7,744,989 | € 9,075,442 | ▲ 17% |
| Profit after taxes | € 65,859 | € 90,619 | € 16,997 | € 2,451 | ▼ 86% |
| Equity | € 664,585 | € 735,204 | € 3,042,201 | € 3,044,652 | |
| Total debts | € 4,684,290 | € 4,007,717 | € 1,925,225 | € 1,985,933 | ▲ 3% |
| Cash | € 147,690 | € 185,426 | € 104,552 | € 170,308 | ▲ 63% |
| Land & buildings | € 738,207 | € 697,534 | € 633,615 | € 537,690 | ▼ 15% |
| Retained profit | € 354,585 | € 425,204 | € 442,201 | € 444,652 | ▲ 1% |
| Dividend | € 0 | € 20,000 | € 0 | € 0 | |
| Bank debt | € 3,005,811 | € 2,835,433 | € 635,244 | € 774,982 | ▲ 22% |
| Balance sheet total | € 5,348,875 | € 4,742,921 | € 4,967,425 | € 5,030,586 | ▲ 1% |
| Employees (FTE) | 16.5 | 15.8 | 15.5 | 16.1 | ▲ 0.6 |
Key figures of TANGHE, 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 TANGHE?
What happened at TANGHE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lucien DE CLOEDT stepped down as director. NBB
- DC INDUSTRIAL NV stepped down as director. NBB
- LES SABLIERES De Wauthier Braine NV stepped down as director. NBB
- DE BOSHOEVE (DBH) BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2,451 (▼ 86% vs 2024). Source: NBB ↗
- Lucien DE CLOEDT became a director. NBB
- DC INDUSTRIAL NV became a director. NBB
- LES SABLIERES De Wauthier Braine NV became a director. NBB
In short
From € 65,859 profit in 2022 to € 2,451 profit in 2025.
Paid € 8,456 in corporate taxes since 2022.
Best year ever: 2023, with € 90,619 profit.
Paid out € 20,000 in dividends to the owners in total.
Management
The stake of DC INDUSTRIAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TANGHEThe shares are held by DC INDUSTRIAL (100%).
Directors
According to the 2025 annual accounts
Director · represented by Carsten MEIER
Also active at: Les Carrières du Fond des Vaulx, IMMO DC WIJNEGEM, LES SABLIERES DE WAUTHIER - BRAINE, IMMO DC BOONDAEL, DC INDUSTRIAL, GROUP DE CLOEDT, BIOTERRA, ARTILAVAL +4 more
since 2021 · until 2027
Lucien DE CLOEDT
Director
Also active at: IMMO DC WIJNEGEM, LES SABLIERES DE WAUTHIER - BRAINE, IMMO DC BOONDAEL, GROUP DE CLOEDT, IMMO DC GENK, PDV
since 2024 · until 2030
Director · represented by Léon DE CLOEDT
Also active at: Les Carrières du Fond des Vaulx, IMMO DC WIJNEGEM, LES SABLIERES DE WAUTHIER - BRAINE, Société d'Exploitation des Carriéres d'Yvoir, IMMO DC BOONDAEL, DC Real Estate, Nieuwpoortse Handelsmaatschappij, TRANS BLUELINE +10 more
since 2024 · until 2030
LES SABLIERES De Wauthier Braine NV
Director · represented by Mick Neukermans
Also active at: Les Carrières du Fond des Vaulx, IMMO DC WIJNEGEM, Société d'Exploitation des Carriéres d'Yvoir, IMMO DC BOONDAEL, DC Real Estate, Nieuwpoortse Handelsmaatschappij, TRANS BLUELINE, DC INDUSTRIAL +9 more
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zuidstraat(FEER) 105
8480 Ichtegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.921.476
- VAT number
- BE 0412.921.476
- Registered office
- Zuidstraat(FEER) 105, 8480 Ichtegem
- Names & denominations
- TANGHE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1973
- Peppol
- Active · Active since 6 Jul 2026
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair