Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
51 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TangentWorks from Gent, company number BE0892656851, closed financial year 2025 with a result of € -908,552 after tax. For that financial year TangentWorks recorded a gross margin of € -196,065 and equity of € 820,660. Compared with financial year 2024, the result moved from € -1.1 million to € -908,552. The company made a loss. The buffer shrank hard: equity is 53 % 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 16, 2026.
€ 820,660
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -908,552
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 635,755
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9.5 million.
People and assets in 2025
4.2
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 391,712
▼ 16% vs 2024
€ 93,300 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.
€ 3,464
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,774
▼ 55% vs 2024
Loans from banks and other lenders, long and short.
€ 71,451
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,178
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -231,134 | € -930,622 | € -303,709 | € -196,065 | ▲ € 107,644 |
| Profit after taxes | € -853,391 | € -1,583,291 | € -1,144,917 | € -908,552 | ▲ € 236,365 |
| Equity | € 4,457,420 | € 2,874,129 | € 1,729,212 | € 820,660 | ▼ 53% |
| Total debts | € 209,266 | € 432,087 | € 382,459 | € 266,816 | ▼ 30% |
| Cash | € 3,421,170 | € 1,965,380 | € 1,220,044 | € 635,755 | ▼ 48% |
| Retained profit | € -5,906,327 | € -7,489,618 | € -8,634,535 | € -9,543,087 | ▼ € 908,552 |
| Bank debt | € 0 | € 1,146 | € 3,975 | € 1,774 | ▼ 55% |
| Balance sheet total | € 4,666,685 | € 3,306,215 | € 2,111,670 | € 1,087,476 | ▼ 49% |
| Employees (FTE) | 3.7 | 2.9 | 6.1 | 4.2 | ▼ 1.9 |
Key figures of TangentWorks, 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 TangentWorks?
What happened at TangentWorks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 908,552. Source: NBB ↗
- Relaunch for The Future NV became a director. NBB
- SAFFELBERG DIRECTOR & MANAGEMENT SERVICES BV became a director. NBB
- RE-innovate BV became a director. NBB
- FOMCAP IV LP became a director. NBB
- MOLENWATER GROEP NV became a director. NBB
- New establishment in Gent. KBO
- New establishment in Pajottegem. KBO
In short
From € 853,391 loss in 2022 to € 908,552 loss in 2025.
Paid € 2,654 in corporate taxes since 2022.
A new publication or filing at TangentWorks? We notify you, reason included.
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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
The stake of SAFFELBERG INVESTMENTS, Relaunch for the Future, RE-innovate comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TangentWorksBehind TangentWorks are SAFFELBERG DIRECTOR & MANAGEMENT SERVICES BV, RE-innovate BV, FOMCAP IV LP, Relaunch for The Future NV and MOLENWATER GROEP NV. The shares are held by SAFFELBERG INVESTMENTS (19.7%), Relaunch for the Future (12.1%) and RE-innovate (11.4%). It owns 100% of Tangent Works s.r.o itself.
Directors
According to the 2025 annual accounts
SAFFELBERG DIRECTOR & MANAGEMENT SERVICES BV
Director · represented by Luc Osselaer
Also active at: CALCUTTA IMMO, BELGISCHE GRONDEN RESERVE, TOPLIN, SAS, SeKwens - Immo, De POPULIER, IRISTICK, DIABATIX +22 more
since 2020
Managing director · represented by Henk De Metsenaere
since 2020
Director · represented by Wouter Volckaert
since 2020
Director · represented by Leon Cappaert
Also active at: TWIKIT, Xeryon, JuuNoo, VoxelSensors, Swave, Miles Ahead Capital
since 2021
Director · represented by Ilse De Reze
Also active at: H estate N.V., HEAT 21, Albertstroom, VITRI, VITRI CONSTRUCT, DE VOORZIENING, FUTURE FIELDS, CANAL FIELDS
since 2020
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 808 box b555
9000 Gent
Oplombeekstraat 6
1755 Pajottegem
Active since 10 October 2007
Ottergemsesteenweg-Zuid 808 box 300
9000 Gent
Active since 1 June 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 51 companies are registered at this address.
All companies at this address →Schaeffler Belgium
€ 21.9 million revenue · 2025
KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling
€ 37.5 million revenue · 2025
Bontinck Architecture and Interior NV
€ 2.5 million revenue · 2026
Sales Management Association Belgium
KAAG Management
€ 136,551 gross margin · 2025
+46 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Domain
Domain
tangent.works
Registered
2015-01-08
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-01-08
Website info
Features
Security
Details
- Company number
- 0892.656.851
- VAT number
- BE 0892.656.851
- Registered office
- Ottergemsesteenweg-Zuid 808 bus b555, 9000 Gent
- Names & denominations
- TangentWorks
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2007
- Peppol
- Active · Active since 6 Nov 2025
- Contact
- tangent.works
- Activities · NACE
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