Tessenderlo Group
ActiveSummary
Tessenderlo Group has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.03bn and a net result of -€120.6m. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 86% of 317 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Group and network
Holdings and subsidiaries
26 holdings · 45 subsidiaries in the treeHoldings 26
-
100%
-
100%
-
100%
- PICANOLsubsidiaryEquity €148.8mResult €17.2m100%
-
100%
-
100%
- TESSENDERLO CHEMIE INTERNATIONALsubsidiaryEquity €20.9mResult €5.3m100%
- TESSENDERLO GROUP AUSTRALIA PTY LTDAUsubsidiarySourceown accounts 2025Equity AUD 72,479Result AUD 60,333100%
-
100%
- Tessenderlo InvestmentsubsidiaryEquity €63,155Result €1,655100%
Show 16 more holdings
- TESSENDERLO KERLEY TURKEY TARIM VE KIMYA SANAYI VE TICTRsubsidiarySourceown accounts 2025Equity TRY 112.6mResult -TRY 17.0m100%
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100%
-
100%
-
99.99%
- KERLEY LATINOAMERICANA COMERCIALIZADORA LIMITADACLsubsidiarySourceown accounts 2025Equity -USD 776,078Result -USD 356,52599.99%
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99.99%
-
99.99%
-
99.8%
- TESSENDERLO DEVELOPMENT SERVICESsubsidiaryEquity €267,170Result €155,99599%
-
66.25%
- PB BRASIL INDUSTRIA E COMERCIO DE GELATINASBRsubsidiarySourceown accounts 2025Equity BRL 220.1mResult BRL 10.9m60%
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53.93%
- P B GELATINS U.K. LIMITEDGBsubsidiarySourceLEI registerconsolidated
-
46.11%
-
39.1%
-
25%
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
50%
All subsidiaries, including indirect ones 45
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- AKIOLIS IBERIA S.L.ES 100%
- BT NYLOPLASTDE 100%
- DYKAPL 100%
PICANOL 100%15 subsidiaries
- BURCKLE ET CIE S.A.FR 100%
- Osterwalder AGCH 100%
- Picanol (Suzhou Ind.Park) Textile Machinery Co LtdCN 100%
- PICANOL (SUZHOU) TRADING C0 LTDCN 100%
- Picanol of America Inc.US 100%
- VERBRUGGE 100%
- Picanol de Mexico S.A. de C.V.MX 99.99%
- PICANOL do BRASILBR 99.99%
- Picanol India Private ltdIN 99.99%
- PROFERRO 99.99%
- MELOTTE 99.96%
Psicontrol 99.9%1 subsidiary
- PSICONTROL SRLRO 100%
- PICANOL TEKSTIL MAKINALARI TIC. LTD. STI.TR 99.75%
- PT Picanol IndonesiaID 99%
- T-POWER 100%
- TERELUX SALU 100%
TESSENDERLO CHEMIE INTERNATIONAL 100%7 subsidiaries
- T-Power Energy Services 100%
- TESSENDERLO KERLEY PHILIPPINES Inc.PH 100%
- TESSENDERLO SINGAPORE PRIVATE LIMITEDSG 100%
- TESSENDERLO KERLEY BRASILBR 99.99%
- TESSENDERLO KERLEY BELABY 99%
- PB LEINER (HAINAN) BIOTECHNOLOGYCN 80%
- KUHLMANN SWITZERLAND AGCH 75%
- TESSENDERLO GROUP AUSTRALIA PTY LTDAU 100%
- TESSENDERLO HOLDING UK LTD 100%
- Tessenderlo Investment 100%
- TESSENDERLO KERLEY TURKEY TARIM VE KIMYA SANAYI VE TICTR 100%
- TESSENDERLO NL HOLDINGNL 100%
- TESSENDERLO USAUS 100%
- Dyka Plastics 99.99%
- KERLEY LATINOAMERICANA COMERCIALIZADORA LIMITADACL 99.99%
- TESSENDERLO KERLEY INDIAIN 99.99%
- TESSENDERLO KERLEY MEXICOMX 99.99%
- TKP PERUPE 99.8%
- TESSENDERLO DEVELOPMENT SERVICES 99%
- PB GELATINS (HEILONGJIANG)CN 66.25%
- PB BRASIL INDUSTRIA E COMERCIO DE GELATINASBR 60%
- TEFIPARFR 53.93%
- P B GELATINS U.K. LIMITEDGB consolidated
According to the 2025 annual accounts of Tessenderlo Group and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.