Financials
Financial year 2025
TEGARO from Eupen, company number BE0453394826, closed financial year 2025 with a result of € 66,138 after tax. For that financial year TEGARO recorded a gross margin of € 186,021 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 166,499 to € 66,138. The company is profitable. 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 April 8, 2026.
€ 1.6 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,138
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 286,475
Cash and bank balances on the last day of the fiscal year.
€ 124,286 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 590,520
▼ 12% vs 2024
€ 79,000 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 22,349
▲ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,480
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,563 | € 168,850 | € 294,383 | € 186,021 | ▼ 37% |
| Profit after taxes | € 64,118 | € 46,891 | € 166,499 | € 66,138 | ▼ 60% |
| Equity | € 1,458,554 | € 1,480,445 | € 1,616,944 | € 1,558,796 | ▼ 4% |
| Total debts | € 84,448 | € 774,145 | € 714,851 | € 774,355 | ▲ 8% |
| Cash | € 629,689 | € 134,082 | € 285,109 | € 286,475 | |
| Land & buildings | € 180,104 | € 1,594,070 | € 1,532,166 | € 1,473,377 | ▼ 4% |
| Retained profit | € 1,101,054 | € 1,122,945 | € 1,259,444 | € 1,201,296 | ▼ 5% |
| Dividend | € 69,500 | € 25,000 | € 30,000 | € 124,286 | ▲ € 94,286 |
| Bank debt | € 0 | € 749,104 | € 669,445 | € 590,520 | ▼ 12% |
| Balance sheet total | € 1,645,867 | € 2,352,250 | € 2,461,943 | € 2,451,184 |
Key figures of TEGARO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to TEGARO?
What happened at TEGARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CK P&M SRL stepped down as director. NBB
- AK P&M SRL stepped down as director. NBB
- Siegfried Klüttgens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 66,138 (▼ 60% vs 2024). Source: NBB ↗
- Christoph Klüttgens stepped down as director. NBB
- CK P&M SRL became a director. NBB
- AK P&M SRL became a director. NBB
- Andrea Klüttgens stepped down as director. NBB
In short
From € 64,118 profit in 2022 to € 66,138 profit in 2025.
Paid € 102,196 in corporate taxes since 2022.
Best year ever: 2024, with € 166,499 profit.
Paid out € 248,786 in dividends to the owners in total.
Management
It owns 26.6% of Hendrichs & Cie itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2026
since 2026 · until 2032
since 2026 · until 2032
since 2023 · until 2026
Siegfried Klüttgens
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue Haute 106
4700 Eupen
Werthplatz 19 2
4700 Eupen
Active since 6 October 1994
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
- 0453.394.826
- VAT number
- BE 0453.394.826
- Registered office
- Rue Haute 106, 4700 Eupen
- Names & denominations
- TEGARO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 1994
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
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