TEX DEVELOPMENT
Board
4 directors, 5 in day-to-day management, 1 auditor, last change in 2024Director and managing director
director since 18-05-2023
managing director appointed by deed of 03-06-2024
term until 17-05-2029
listed in the 2025 annual accounts, filed on 16-06-2026
Director and managing director
director since 18-05-2023
managing director appointed by deed of 03-06-2024
term until 17-05-2029
listed in the 2025 annual accounts, filed on 16-06-2026
Director, permanent representative Ralfi KANDITYOTI
since 18-05-2023
term until 17-05-2029
listed in the 2025 annual accounts, filed on 16-06-2026
Director and managing director
director since 18-05-2023
managing director appointed by deed of 03-06-2024
term until 17-05-2029
listed in the 2025 annual accounts, filed on 16-06-2026
Statutory auditor
current term since 16-05-2025
3-year term from 2025
listed in the 2025 annual accounts, filed on 16-06-2026
Permanent representatives 1
Ralfi KANDITYOTI
Permanent representative, for K FINANCE COORDINATION & SERVICES
appointed by deed of 03-06-2024
Mandates through the years
9 names, the dashed line is todayErol KANDIYOTI
Director, Managing director
Director, Managing director
Igal KANDIYOTI
Director, Managing director
Director, Managing director
Metin KANDIYOTI
Director, Managing director
Director, Managing director
Igal KANDIYOT!
Managing director
Managing director
Metin KANDIYOT!
Managing director
Managing director
Michel Weber SRL
Statutory auditor
Statutory auditor
Claude KANDIYOTI
Director
Director
Ralfi KANDIYOTI
Director
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
- Erol KANDIYOTI
- Director, from 04-05-2016 to date
- Managing director, since before 19-09-2023
- Igal KANDIYOTI
- Director, from 04-05-2016 to date
- Managing director, appointed by deed of 03-06-2024, still in office
- Metin KANDIYOTI
- Director, from 04-05-2016 to date
- Managing director, appointed by deed of 03-06-2024, still in office
- K FINANCE COORDINATION & SERVICES
- Director, from 18-05-2023 to date
- Igal KANDIYOT!
- Managing director, since before 19-09-2023
- Metin KANDIYOT!
- Managing director, since before 19-09-2023
- Michel Weber SRL
- Statutory auditor, from 02-05-2019 to date
- Claude KANDIYOTI
- Director, from 04-05-2016 to 03-06-2024
- Ralfi KANDIYOTI
- Director, appointed by deed of 03-06-2024, no longer listed in the 2025 annual accounts
Control
100%
This company
TEX DEVELOPMENT
Equity €2.3m
Profit €31,775 in 2025
Further up the chainK FINANCE COORDINATION & SERVICES S.A. consolidates
Capital
- Capital
- €63,000
- Shares
- 2,450
- Contribution per share
- €25.71
- Equity per share
- €947 in 2025
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- K FINANCE COORDINATION & SERVICES
- RALIG INVEST
- SIETH INVEST
- VANCLO INVEST
Source: lists of holdings in the owners' accounts
Articles of association
deed of 03-06-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Liquidation, déterminés le cas échéant par l'assemblée générale”
Shareholders
2 ownersOwners 2
- Equity €104.0m Profit of €8.9m in 2025 (profit of €3.6m in 2024)100%
- K FINANCE COORDINATION & SERVICES S.A.consolidating parentconsolidates