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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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Tendon from Oud-Turnhout, company number BE0766896054, closed financial year 2025 with a result of € 26,829 after tax. For that financial year Tendon recorded a gross margin of € 35,138 and equity of € 2,000. Compared with financial year 2024, the result moved from € 23,407 to € 26,829. Profitable, and profit is growing. The buffer shrank hard: equity is 97 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 7, 2026.
€ 2,000
▼ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,829
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 31,959
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 103,009 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 83
▼ 95% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,939
Loans from banks and other lenders, long and short.
€ 1,094
Supplier invoices still open on the last day of the fiscal year.
€ 15,426
▼ 26% vs 2024
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 | € 55,089 | € 43,875 | € 31,197 | € 35,138 | ▲ 13% |
| Profit after taxes | € 38,892 | € 25,882 | € 23,407 | € 26,829 | ▲ 15% |
| Equity | € 28,892 | € 54,774 | € 78,180 | € 2,000 | ▼ 97% |
| Total debts | € 36,378 | € 27,554 | € 20,812 | € 93,176 | ▲ € 72,364 |
| Cash | € 33,450 | € 27,739 | € 31,015 | € 31,959 | ▲ 3% |
| Retained profit | € 26,892 | € 52,774 | € 76,180 | € 0 | ▼ 100% |
| Dividend | € 12,000 | € 0 | € 0 | € 103,009 | |
| Bank debt | € 9,646 | € 4,641 | € 0 | € 2,939 | |
| Balance sheet total | € 65,270 | € 82,327 | € 98,992 | € 95,176 | ▼ 4% |
Key figures of Tendon, 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 Tendon?
What happened at Tendon in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,829 (▲ 15% vs 2024). Source: NBB ↗
- New establishment in Oud-Turnhout. KBO
- Start of the company according to the CBE. KBO
- Bert Donckers became a director. NBB
- Inne Van Tendeloo became a director. NBB
In short
From € 38,892 profit in 2022 to € 26,829 profit in 2025.
Paid € 30,249 in corporate taxes since 2022.
Best year ever: 2022, with € 38,892 profit.
Paid out € 115,009 in dividends to the owners in total.
Management
Behind Tendon are Bert Donckers and Inne Van Tendeloo. Inne Van Tendeloo is also behind FARMA V.T.B. and IL Farma.
Directors
According to the 2025 annual accounts
Bert Donckers
Director
since 2021
since 2021
Establishments
Establishment units
Physical locations of this company
Draaiboom 35
2360 Oud-Turnhout
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.
Details
- Company number
- 0766.896.054
- VAT number
- BE 0766.896.054
- Registered office
- Draaiboom 35, 2360 Oud-Turnhout
- Names & denominations
- Tendon
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2021
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
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