Financials
Financial year 2025
Tandem from Sint-Jans-Molenbeek, company number BE0439149880, closed financial year 2025 with a result of € -93,167 after tax. For that financial year Tandem recorded a gross margin of € 167,987 and equity of € 63,551. Compared with financial year 2024, the result moved from € 62,793 to € -93,167. The company made a loss. The buffer shrank hard: equity is 59 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 28, 2026.
€ 63,551
▼ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -93,167
▼ still € 62,793 profit in 2024
Profit after tax over the fiscal year.
€ 173,838
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 174,570
▼ 17% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 414
▼ 74% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 204
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 5,312
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,021
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 257,579 | € 274,659 | € 274,206 | € 167,987 | ▼ 39% |
| Profit after taxes | € -138,756 | € 56,770 | € 62,793 | € -93,167 | ▼ € 155,959 |
| Equity | € 37,155 | € 93,925 | € 156,718 | € 63,551 | ▼ 59% |
| Total debts | € 53,574 | € 66,074 | € 38,924 | € 38,538 | ▼ 1% |
| Cash | € 39,528 | € 123,466 | € 169,061 | € 173,838 | ▲ 3% |
| Retained profit | € 37,155 | € 93,925 | € 156,718 | € 63,551 | ▼ 59% |
| Bank debt | € 0 | € 281 | € 220 | € 204 | ▼ 7% |
| Balance sheet total | € 90,728 | € 159,999 | € 195,642 | € 186,923 | ▼ 4% |
Key figures of Tandem, 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 Tandem?
What happened at Tandem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 93,167 (▼ € 155,959 vs 2024). Source: NBB ↗
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 138,756 loss in 2022 to € 93,167 loss in 2025.
Best year ever: 2024, with € 62,793 profit.
Management
Behind Tandem are Thierry TIMMERMANS, Yvonne LETOR, Jacqueline MADIOT, André DECOURRIERE and André NAYER.
Directors
According to the 2025 annual accounts
Thierry TIMMERMANS
Secrétaire
Yvonne LETOR
Trésorier
Jacqueline MADIOT
Director
André DECOURRIERE
Chairman of the board
Establishments
Establishment units
Physical locations of this company
Leiestraat 58
1080 Sint-Jans-Molenbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.149.880
- VAT number
- BE 0439.149.880
- Registered office
- Leiestraat 58, 1080 Sint-Jans-Molenbeek
- Names & denominations
- Tandem
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 1 November 1988
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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