Financials
Financial year 2025
T & G from Tongeren-Borgloon, company number BE0438849477, closed financial year 2025 with a result of € 224,345 after tax. For that financial year T & G recorded a gross margin of € 1.5 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 175,490 to € 224,345. Profitable, and profit is growing. 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 31, 2026.
€ 2.6 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 224,345
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 278,438
▼ 46% 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 € 808,301.
People and assets in 2025
11.6
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 13% vs 2024
€ 90,700 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.
€ 400,476
▲ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 548,795
▼ 27% vs 2024
€ 180,757 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 310,733
▲ € 243,683 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 250,739
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,384,899 | € 1,082,183 | € 1,324,652 | € 1,525,002 | ▲ 15% |
| Profit after taxes | € 288,329 | € -11,662 | € 175,490 | € 224,345 | ▲ 28% |
| Equity | € 2,220,127 | € 2,208,465 | € 2,383,955 | € 2,608,301 | ▲ 9% |
| Total debts | € 2,150,538 | € 1,999,405 | € 1,588,868 | € 1,470,582 | ▼ 7% |
| Cash | € 693,579 | € 357,930 | € 513,020 | € 278,438 | ▼ 46% |
| Land & buildings | € 24,868 | € 34,110 | € 28,733 | € 30,478 | ▲ 6% |
| Retained profit | € 420,127 | € 408,465 | € 583,955 | € 808,301 | ▲ 38% |
| Bank debt | € 948,975 | € 788,197 | € 747,631 | € 548,795 | ▼ 27% |
| Balance sheet total | € 4,370,665 | € 4,207,869 | € 3,972,823 | € 4,078,883 | ▲ 3% |
| Employees (FTE) | 13.1 | 12.6 | 12.4 | 11.6 | ▼ 0.8 |
Key figures of T & G, 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 T & G?
What happened at T & G in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 224,345 (▲ 28% vs 2024). Source: NBB ↗
- Femte BV became a director. NBB
- Kenercy BO became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 288,329 profit in 2022 to € 224,345 profit in 2025.
Paid € 315,288 in corporate taxes since 2022.
Best year ever: 2022, with € 288,329 profit.
On average € 131,500 of value added per employee in 2025.
Management
Behind T & G are Femte BV and Kenercy BO. It owns 100% of T&G DISTRIBUTION SPAIN SL and 100% of TERNO itself.
Directors
According to the 2025 annual accounts
Director · represented by Olivier Fahy
since 2020
Establishments
Establishment units
Physical locations of this company
Prinsenweg 23
3700 Tongeren-Borgloon
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0438.849.477
- VAT number
- BE 0438.849.477
- Registered office
- Prinsenweg 23, 3700 Tongeren-Borgloon
- Names & denominations
- T & G
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 1989
- Peppol
- Active · Active since 8 Dec 2025
- Contact
- tg-distribution.be
- Activities · NACE
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