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Getax

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Public limited companyfounded 1970active for 55 yearsTruibroek 51, 3945 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0407.611.816
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Financials · financial year 2025, full format

Annual accounts 2025 filed on 14-07-2026 at the NBB all 49 filings

Amounts without an identifiable currency are taken as euros.

Turnover
≈ €9.3m
Estimated: probably between €8.1m and €11.0m
EBIT margin
Not included in this filing
Net result
€4.9m
2024 · -€107,351
Working capital
€256,315
2024 · -€904,113
In the rankings #1 oldest company in Tessenderlo-Ham, Transport and storage sector#3 company by total assets in Tessenderlo-Ham, Transport and storage sector#3 company by equity in Tessenderlo-Ham, Transport and storage sector
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€601,490
2025
20182025
Net result
€4.9m
2025
highest quarter of the sector
20182025
Equity
€6.7m
▲ 284% 2025
highest quarter of the sector
20182025
Total assets
€12.4m
▲ 96.3% 2025
highest quarter of the sector
20182025
Debt
€5.7m
▲ 25.1% 2025
20182025
Working capital
€256,315
2025
middle half of the sector
20182025
Solvency
53.8%
▲ 26.3pp 2025
middle half of the sector
20182025
Current ratio
1.07
▲ 0.34 2025
middle half of the sector
20182025
Return on assets (ROA)
39.8%
▲ 41.5pp 2025
highest quarter of the sector
20182025
Staff (FTE)
72.2
▲ 5.4% 2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.3m▲ 29.8%€0.4m▲ 15.5%-€0.2m€0.08m-€0.02m-€0.09m▼ 366%€0.6m
Net result€0.2m-€0.3m▲ 10.9%€0.2mabove the sector's middle half▼ 23.1%-€0.2mbelow the sector's middle half€0.1mwithin the sector's middle half-€0.02mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 564%€4.9mabove the sector's middle half
Equity€3.2m-€2.6m▼ 19.3%€2.6mabove the sector's middle half▼ 0.2%€2.1mabove the sector's middle half▼ 16.5%€2.1mabove the sector's middle half▼ 4.3%€1.8mabove the sector's middle half▼ 10.5%€1.7mabove the sector's middle half▼ 5.8%€6.7mabove the sector's middle half▲ 284%
Total assets€8.5m-€7.0m▼ 18.5%€7.4mabove the sector's middle half▲ 6.2%€8.8mabove the sector's middle half▲ 19.8%€7.9mabove the sector's middle half▼ 10.8%€7.3mabove the sector's middle half▼ 7.5%€6.3mabove the sector's middle half▼ 13.6%€12.4mabove the sector's middle half▲ 96.3%
Debt€5.3m-€4.4m▼ 18.0%€4.8m▲ 10.0%€6.7m▲ 39.1%€5.8m▼ 12.9%€5.5m▼ 6.5%€4.6m▼ 16.2%€5.7m▲ 25.1%
Working capital€0.5m-€0.6m▲ 35.7%€0.6mabove the sector's middle half▼ 2.3%€0.5mabove the sector's middle half▼ 22.6%€0.06mwithin the sector's middle half▼ 87.4%-€0.5mbelow the sector's middle half-€0.9mbelow the sector's middle half▼ 70.3%€0.3mwithin the sector's middle half
Solvency37.5%-37.1%▼ 0.4pp34.8%within the sector's middle half▼ 2.3pp24.3%within the sector's middle half▼ 10.5pp26.1%within the sector's middle half▲ 1.8pp25.2%within the sector's middle half▼ 0.8pp27.5%within the sector's middle half▲ 2.3pp53.8%within the sector's middle half▲ 26.3pp
Current ratio1.21-1.27▲ 0.061.24within the sector's middle half▼ 0.031.13within the sector's middle half▼ 0.111.02within the sector's middle half▼ 0.110.85below the sector's middle half▼ 0.170.73below the sector's middle half▼ 0.121.07within the sector's middle half▲ 0.34
Return on assets (ROA)2.7%-3.6%▲ 1.0pp2.6%within the sector's middle half▼ 1.0pp-2.5%below the sector's middle half▼ 5.2pp1.4%within the sector's middle half▲ 3.9pp-0.2%below the sector's middle half▼ 1.6pp-1.7%below the sector's middle half▼ 1.5pp39.8%above the sector's middle half▲ 41.5pp
Staff (FTE)73.7-77.8▲ 5.6%75.4above the sector's middle half▼ 3.1%67.6above the sector's middle half▼ 10.3%69.7above the sector's middle half▲ 3.1%72.3above the sector's middle half▲ 3.7%68.5above the sector's middle half▼ 5.3%72.2above the sector's middle half▲ 5.4%
above within below The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €601,490, after a loss of €92,190 in 2024. It is the highest result since 2021.

The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.4m
Fixed assets €8.4m ▲ 119%
Current assets €3.9m ▲ 61.0%
Equity and liabilities €12.4m
Equity €6.7m ▲ 284%
Debt €5.7m ▲ 25.1%
Debt's share of the balance-sheet total falls from 72.5% to 46.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.3m▲
2024 · €571,598
Cash flow
€5.6m▲
2024 · €556,436
Quick ratio
1.05▲
2024 · 0.71
Debt to equity
0.86▼
2024 · 2.64
ROE
74.0%▲
2024 · -6.2%
Interest coverage
7.30▲
2024 · 3.63
Debt ≤ 1 year
€3.7m▲
2024 · €3.4m
Debt > 1 year
€2.0m▲
2024 · €1.2m
Income taxes
€10,905▲
2024 · €1,635
Staff costs
€3.5m▲
2024 · €3.3m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date6875767284
full-time5964655369
part-time911111915
in full-time equivalents65.372.472.966.280.1
Average over the year, in full-time equivalents67.669.772.368.572.2
On a permanent contract6674757182
Joined202317932
Left2516141320
Training hours6362591203211,298

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€812,134€486,295€461,929€397,734€1.2m
Intangible fixed assets€234,076€204,715€121,361€183,900€36,726
Financial fixed assets-€5,000€0€0€6.9m
Depreciation and write-downs of the year€653,171€769,354€741,195€663,787€683,701

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2025 · 13 entries · €73,237 awarded · €73,123 paid
Year Entries AwardedPaid
2025 2 €8,888€9,257
2024 3 €3,838€3,383
2023 4 €15,971€15,943
2022 4 €44,540€44,540
Schemes
1 entry · €24,000 · €24,000 paid · Departement Mobiliteit en Openbare Werken
4 entries · €20,990 · €20,876 paid · Fonds voor Innoveren en Ondernemen
2 entries · €18,629 · €18,629 paid · Departement Werk en Sociale Economie
2 entries · €4,618 · €4,618 paid · Departement Werk en Sociale Economie
2 entries · €3,000 · €3,000 paid · Departement Werk en Sociale Economie
Show 1 more
2 entries · €2,000 · €2,000 paid · Departement Werk en Sociale Economie

Public contracts

1 award · 2025
Raamovereenkomst distributie: 2024/046 - 1
buyer: Toerisme Limburg vzwSupporting transport services and travel agenciesawarded 01-02-2025€500,0001 tenderTED 86958-2025

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 65 lines
Balance sheet Code20242025
Assets
Total assets20/58€6.3m€12.4m▲
Fixed assets21/28€3.9m€8.4m▲
Intangible fixed assets21€0.5m€0.4m▼
Tangible fixed assets22/27€0.9m€1.2m▲
Land and buildings22€0.01m€0.01m▼
Plant, machinery and equipment23€0.04m€0.02m▼
Furniture and vehicles24€0.03m€0.02m▼
Leasing and similar rights25€0.8m€1.1m▲
Financial fixed assets28€2.4m€6.9m▲
Current assets29/58€2.5m€3.9m▲
Stocks and contracts in progress3€0.08m€0.08m▲
Stocks30/36€0.08m€0.08m▲
Amounts receivable within one year40/41€2.2m€3.4m▲
Trade receivables40€1.8m€2.7m▲
Other amounts receivable41€0.5m€0.7m▲
Cash at bank and in hand54/58€0.03m€0.4m▲
Deferred charges and accrued income490/1€0.1m€0.1m▲
Equity and liabilities
Total equity and liabilities10/49€6.3m€12.4m▲
Equity10/15€1.7m€6.7m▲
Contributions10/11€0.08m€0.08m=
Capital10€0.08m€0.08m=
Issued capital100€0.08m€0.08m=
Reserves13€1.7m€6.6m▲
Non-distributable reserves130/1€0.008m€0.008m=
Legal reserve130€0.008m€0.008m=
Tax-exempt reserves132€1.6m€1.6m=
Distributable reserves133€0.04m€5.0m▲
Profit (loss) carried forward14€0-
Amounts payable17/49€4.6m€5.7m▲
Amounts payable after more than one year17€1.2m€2.0m▲
Financial debts170/4€1.2m€2.0m▲
Amounts payable within one year42/48€3.4m€3.7m▲
Current portion of amounts payable after more than one year42€0.5m€0.6m▲
Financial debts43€0.6m€0.6m=
Credit institutions430/8€0.6m€0.6m=
Trade debts44€1.8m€2.0m▲
Suppliers440/4€1.8m€2.0m▲
Taxes, remuneration and social security45€0.1m€0.2m▲
Taxes450/3€0.03m€0.1m▲
Remuneration and social security454/9€0.09m€0.1m▲
Other amounts payable47/48€0.3m€0.2m▼
Accrued charges and deferred income492/3-€0.006m
Income statement Code20242025
Non-recurring operating income76A€0.2m€0.001m▼
Remuneration, social security and pensions62€3.3m€3.5m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.7m€0.7m▲
Other operating charges640/8€0.07m€0.08m▲
Non-recurring operating charges66A-€0.02m
Gross operating margin9900€3.9m€4.9m▲
Operating profit (loss)9901-€0.09m€0.6m▲
Financial income75/76B€0.1m€4.5m▲
Recurring financial income75€0.1m€0.03m▼
Non-recurring financial income76B-€4.5m
Financial charges65/66B€0.2m€0.2m▲
Recurring financial charges65€0.2m€0.2m▲
Profit (loss) for the period before taxes9903-€0.1m€4.9m▲
Income taxes67/77€0.002m€0.01m▲
Profit (loss) for the period9904-€0.1m€4.9m▲
Profit (loss) for the period to be appropriated9905-€0.1m€4.9m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m€4.9m▲
Transfer from equity791/2€0.1m€0▼
Transfer to equity691/2-€4.9m
To other reserves6921-€4.9m
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance sheet
Average headcount (FTE)908768.572.2▲

The notes to these accounts have 24 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 14-07-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0.09m€0.03m€0.1m€0.2m€0.001m▼ 99.2%
Remuneration, social security and pensions62---€2.9m€3.1m€3.4m€3.3m€3.5m▲ 8.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.0m€0.5m€0.6m€0.7m€0.8m€0.7m€0.7m€0.7m▲ 3.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.06m€0---
Other operating charges640/8---€0.2m€0.1m€0.07m€0.07m€0.08m▲ 14.8%
Non-recurring operating charges66A-------€0.02m-
Gross operating margin9900€4.2m€4.1m€4.1m€3.5m€4.1m€4.2m€3.9m€4.9m▲ 25.6%
Operating profit (loss)9901€0.2m€0.3m€0.4m-€0.2m€0.08m-€0.02m-€0.09m€0.6m-
Financial income75/76B---€0.1m€0.1m€0.2m€0.1m€4.5m▲ 31×
Recurring financial income75€0.1m€0.01m€0.02m€0.1m€0.1m€0.2m€0.1m€0.03m▼ 79.8%
Non-recurring financial income76B-------€4.5m-
Financial charges65/66B---€0.08m€0.1m€0.1m€0.2m€0.2m▲ 11.8%
Recurring financial charges65€0.1m€0.06m€0.1m€0.08m€0.1m€0.1m€0.2m€0.2m▲ 11.8%
Profit (loss) for the period before taxes9903€0.2m€0.3m€0.3m-€0.2m€0.1m-€0.01m-€0.1m€4.9m-
Income taxes67/77-€0.001m€0.08m€0.04m€0.002m€0.002m€0.002m€0.01m▲ 567%
Profit (loss) for the period9904€0.2m€0.3m€0.2m-€0.2m€0.1m-€0.02m-€0.1m€4.9m-
Profit (loss) for the period to be appropriated9905€0.2m€0.3m€0.2m-€0.2m€0.1m-€0.02m-€0.1m€4.9m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€8.5m€7.0m€7.4m€8.8m€7.9m€7.3m€6.3m€12.4m▲ 96.3%
Formation expenses20-€0€0------
Fixed assets21/28€5.8m€4.0m€4.2m€4.6m€4.5m€4.3m€3.9m€8.4m▲ 119%
Intangible fixed assets21€0.03m€0€0€0.3m€0.4m€0.5m€0.5m€0.4m▼ 27.5%
Tangible fixed assets22/27€3.4m€1.6m€1.7m€1.8m€1.6m€1.3m€0.9m€1.2m▲ 30.5%
Land and buildings22---€0.007m€0.007m€0.01m€0.01m€0.01m▼ 2.9%
Plant, machinery and equipment23---€0.1m€0.1m€0.08m€0.04m€0.02m▼ 52.0%
Furniture and vehicles24---€0.06m€0.04m€0.04m€0.03m€0.02m▼ 33.7%
Leasing and similar rights25---€1.6m€1.5m€1.2m€0.8m€1.1m▲ 37.6%
Financial fixed assets28€2.4m€2.4m€2.4m€2.4m€2.4m€2.4m€2.4m€6.9m▲ 183%
Current assets29/58€2.7m€3.0m€3.2m€4.3m€3.4m€3.0m€2.5m€3.9m▲ 61.0%
Stocks and contracts in progress3€0.04m€0.04m€0.05m€0.05m€0.05m€0.08m€0.08m€0.08m▲ 0.4%
Stocks30/36---€0.05m€0.05m€0.08m€0.08m€0.08m▲ 0.4%
Amounts receivable within one year40/41€2.5m€2.8m€2.5m€4.2m€3.3m€2.8m€2.2m€3.4m▲ 50.2%
Trade receivables40---€3.9m€3.0m€2.5m€1.8m€2.7m▲ 53.7%
Other amounts receivable41---€0.2m€0.2m€0.4m€0.5m€0.7m▲ 37.2%
Current investments50/53-€0€0------
Cash at bank and in hand54/58€0.09m€0.05m€0.6m€0.002m€0.08m€0.003m€0.03m€0.4m▲ 12×
Deferred charges and accrued income490/1---€0.07m€0.02m€0.07m€0.1m€0.1m▲ 35.6%
Equity and liabilities
Total equity and liabilities10/49€8.5m€7.0m€7.4m€8.8m€7.9m€7.3m€6.3m€12.4m▲ 96.3%
Equity10/15€3.2m€2.6m€2.6m€2.1m€2.1m€1.8m€1.7m€6.7m▲ 284%
Contributions10/11€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m=
Capital10---€0.08m€0.08m€0.08m€0.08m€0.08m=
Issued capital100---€0.08m€0.08m€0.08m€0.08m€0.08m=
Reserves13€0.4m€2.5m€2.5m€2.1m€2.0m€1.8m€1.7m€6.6m▲ 297%
Non-distributable reserves130/1---€0.008m€0.008m€0.008m€0.008m€0.008m=
Legal reserve130---€0.008m€0.008m€0.008m€0.008m€0.008m=
Tax-exempt reserves132---€1.6m€1.6m€1.6m€1.6m€1.6m=
Distributable reserves133---€0.5m€0.4m€0.1m€0.04m€5.0m▲ 130×
Profit (loss) carried forward14-€0€0--€0€0--
Amounts payable17/49€5.3m€4.4m€4.8m€6.7m€5.8m€5.5m€4.6m€5.7m▲ 25.1%
Amounts payable after more than one year17€3.1m€2.0m€2.2m€2.9m€2.5m€1.9m€1.2m€2.0m▲ 66.2%
Financial debts170/4---€2.9m€2.5m€1.9m€1.2m€2.0m▲ 66.2%
Amounts payable within one year42/48€2.3m€2.3m€2.6m€3.8m€3.3m€3.5m€3.4m€3.7m▲ 10.0%
Current portion of amounts payable after more than one year42---€0.6m€1.0m€0.7m€0.5m€0.6m▲ 12.8%
Financial debts43---€0.1m-€0.4m€0.6m€0.6m=
Credit institutions430/8---€0.1m-€0.4m€0.6m€0.6m=
Trade debts44€1.3m€1.5m€1.8m€2.8m€2.1m€1.9m€1.8m€2.0m▲ 16.6%
Suppliers440/4---€2.8m€2.1m€1.9m€1.8m€2.0m▲ 16.6%
Taxes, remuneration and social security45---€0.08m€0.09m€0.1m€0.1m€0.2m▲ 92.3%
Taxes450/3---€0.002m€0.002m€0.02m€0.03m€0.1m▲ 205%
Remuneration and social security454/9---€0.08m€0.09m€0.09m€0.09m€0.1m▲ 49.3%
Other amounts payable47/48---€0.2m€0.2m€0.3m€0.3m€0.2m▼ 40.2%
Accrued charges and deferred income492/3---€0.001m---€0.006m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.2m€0.3m€0.2m-€0.2m€0.1m-€0.02m-€0.1m€4.9m-
+ Depreciation and write-downs630€1.0m€0.5m€0.6m€0.7m€0.8m€0.7m€0.7m€0.7m▲ 3.0%
Operating cash flow (approximation)€1.2m€0.8m€0.8m€0.4m€0.9m€0.7m€0.6m€5.6m▲ 908%
Investment in fixed assets (approximation)-€1.3m-€0.8m-€1.0m-€0.7m-€0.6m-€0.2m-€5.3m▼ 2,246%
Change in cash--€0.04m€0.5m-€0.6m€0.08m-€0.08m€0.03m€0.3m▲ 12×

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 49 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 14-07-2026 2026-00291458 PDF
31-12-2024 abbreviated format 28-07-2025 2025-00317846 PDF
31-12-2023 abbreviated format 22-07-2024 2024-00270390 PDF
31-12-2022 abbreviated format 29-06-2023 2023-00175397 PDF
31-12-2021 abbreviated format 18-07-2022 2022-20195599 PDF
31-12-2020 abbreviated format 28-06-2021 2021-25700564 PDF
31-12-2019 abbreviated format 02-10-2020 2020-58200521 PDF
31-12-2018 abbreviated format 24-06-2019 2019-21500182 PDF
31-12-2017 abbreviated format 22-06-2018 2018-21500319 PDF
31-12-2016 abbreviated format 26-06-2017 2017-21000537 PDF

Show all 49 filings

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