Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TENDACOR from Ledegem, company number BE0889507222, closed financial year 2025 with a result of € -54,661 after tax. For that financial year TENDACOR recorded a gross margin of € 210,769 and equity of € 197,645. Compared with financial year 2024, the result moved from € 6,103 to € -54,661. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 27, 2026.
€ 197,645
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -54,661
▼ still € 6,103 profit in 2024
Profit after tax over the fiscal year.
€ 25,425
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 179,045.
People and assets in 2025
2.3
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 146,036
▼ 19% vs 2024
€ 63,500 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.
€ 128,924
▼ 17% vs 2024
Of which on lease € 102,258.
Debts at end 2025
€ 682,595
▼ 3% vs 2024
€ 92,943 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 50,364
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,989
▼ 71% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 343,597 | € 309,271 | € 310,845 | € 210,769 | ▼ 32% |
| Profit after taxes | € 82,396 | € 18,010 | € 6,103 | € -54,661 | ▼ € 60,764 |
| Equity | € 231,460 | € 247,870 | € 252,307 | € 197,645 | ▼ 22% |
| Total debts | € 844,790 | € 837,643 | € 833,872 | € 753,715 | ▼ 10% |
| Cash | € 43,133 | € 63,380 | € 19,237 | € 25,425 | ▲ 32% |
| Land & buildings | € 389,187 | € 383,917 | € 364,986 | € 346,054 | ▼ 5% |
| Retained profit | € 212,860 | € 229,270 | € 233,707 | € 179,045 | ▼ 23% |
| Dividend | € 1,600 | € 1,600 | € 1,666 | € 0 | ▼ 100% |
| Bank debt | € 727,197 | € 708,580 | € 703,759 | € 682,595 | ▼ 3% |
| Balance sheet total | € 1,076,250 | € 1,085,513 | € 1,086,179 | € 951,360 | ▼ 12% |
| Employees (FTE) | - | 3.7 | 3.8 | 2.3 | ▼ 1.5 |
Key figures of TENDACOR, 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 TENDACOR?
What happened at TENDACOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 54,661 (▼ € 60,764 vs 2024). Source: NBB ↗
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,396 profit in 2022 to € 54,661 loss in 2025.
Paid € 50,837 in corporate taxes since 2022.
Best year ever: 2022, with € 82,396 profit.
On average € 91,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TENDACOR are Nele SOETE and Christophe GOUSSAERT.
Directors
According to the 2025 annual accounts
Nele SOETE
Director
Christophe GOUSSAERT
Director
Establishments
Establishment units
Physical locations of this company
Provinciebaan 98
8880 Ledegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
TELENET-AS, BE
Website info
Features
Security
Details
- Company number
- 0889.507.222
- VAT number
- BE 0889.507.222
- Registered office
- Provinciebaan 98, 8880 Ledegem
- Names & denominations
- TENDACOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2007
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- tendacor.be [email protected]
- Activities · NACE
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