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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
TESSENDERLO DEVELOPMENT SERVICES from Elsene, company number BE0724619989, closed financial year 2025 with a result of € 155,995 after tax. For that financial year TESSENDERLO DEVELOPMENT SERVICES recorded a gross margin of € -4,179 and equity of € 107,170. Compared with financial year 2024, the result moved from € 438,895 to € 155,995. The company is profitable. The buffer shrank hard: equity is 99 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 107,170
▼ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 155,995
▼ 64% vs 2024
Profit after tax over the fiscal year.
€ 160,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -32,273 | € -12,504 | € -7,124 | € -4,179 | ▲ € 2,945 |
| Profit after taxes | € -7,370 | € 428,406 | € 438,895 | € 155,995 | ▼ 64% |
| Equity | € 16,461,873 | € 16,890,279 | € 16,649,174 | € 107,170 | ▼ 99% |
| Total debts | € 3,025 | € 0 | € 683,414 | € 160,000 | ▼ 77% |
| Retained profit | € -138,127 | € 290,279 | € 49,174 | € 45,170 | ▼ 8% |
| Dividend | € 0 | € 0 | € 680,000 | € 160,000 | ▼ 76% |
| Balance sheet total | € 16,464,898 | € 16,890,279 | € 17,332,588 | € 267,170 | ▼ 98% |
Key figures of TESSENDERLO DEVELOPMENT SERVICES, 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 TESSENDERLO DEVELOPMENT SERVICES?
What happened at TESSENDERLO DEVELOPMENT SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Annemie VANWALLEGHEM stepped down as director. NBB
- Luc TACK stepped down as director. NBB
- Miguel DE POTTER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 155,995 (▼ 64% vs 2024). Source: NBB ↗
- Miguel DE POTTER became a director. NBB
- Luc TACK became a director. NBB
- New establishment in Elsene. KBO
- Annemie VANWALLEGHEM became a director. NBB
In short
From € 7,370 loss in 2022 to € 155,995 profit in 2025.
Paid € 295,056 in corporate taxes since 2022.
Best year ever: 2024, with € 438,895 profit.
Paid out € 840,000 in dividends to the owners in total.
Management
The shares are held by Tessenderlo Group N.V. (99%) and Tessenderlo Chemie International N.V. (1%).
Directors
According to the 2025 annual accounts
Annemie VANWALLEGHEM
Director
since 2019 · until 2031
Miguel DE POTTER
Director
Also active at: TESSENDERLO CHEMIE INTERNATIONAL, CHIRMONT, Tessenderlo Investment, T-Power Energy Services, T-POWER
since 2024 · until 2029
Luc TACK
Director
Also active at: Syndicaat van Belgische Textielmachinebouwers, JULES CLARYSSE, PICANOL, MELOTTE, TESSENDERLO CHEMIE INTERNATIONAL, Tessenderlo Group, Tack Water Services, BEGOOS +24 more
since 2020 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Troonstraat 130
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →TESSENDERLO CHEMIE INTERNATIONAL same network
Tessenderlo Group same network
€ 513.9 million revenue · 2025
Fonds de Pension Limbourg Chimie - Pensioenfonds Limburg Chemie
Tessenderlo Investment same network
T-Power Energy Services same network
€ 6.5 million revenue · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0724.619.989
- VAT number
- BE 0724.619.989
- Registered office
- Troonstraat 130, 1050 Elsene
- Names & denominations
- TESSENDERLO DEVELOPMENT SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2019
- Peppol
- Not registered
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
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