{
 "as_of": "2026-11-11",
 "cmr": "be-cm-kg/XBRU/BE0003555639",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# TESSENDERLO GROUP (Euronext Brussels: BE0003555639) — research page\n\nAs of 2026-11-11 · be-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is TESSENDERLO GROUP, listed on Euronext Brussels under ticker BE0003555639, ISIN BE0003555639 and LEI 549300ZKLIF7RP6EH823. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 22 filings across 20 filing days in the window 2025-11-11 to 2026-11-11. The median gap between filing days is 8 days. The latest filing is dated 2026-11-02 and is an announcement of change in denominator or in thresholds, 9 days before the record date of 2026-11-11. Euronext Brussels holds 115 issuers with a median of 13 filings, a median cadence gap of 19.0 days and a median latency of 21.5 days. The sector peer comparison for this market is not on the record.\n\n## Auditor\n\nThe auditor of record and its location are not on the record. The market's record does not carry auditor changes.\n\n## Events and halts\n\nThe record does not carry listing, delisting, name change, domicile change or segment move lines for this issuer, as this register has no lifecycle type map yet. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable, because the chapter's orderability section carries no client categories for the outcome to name. The rule version is acm-68000/be/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 6 research houses: ING, KBC Securities, Bank Degroof Petercam, AlphaValue, Kepler Chevreux and Degroof Petercam.\n\n## Open research\n\nThe record holds no openly published research notes for this issuer.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.be-cm-kg.ai/events/XBRU/BE0003555639 (the disclosure lines)\n- https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current) (the halt flag)\n- https://be.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.tessenderlo.com/analyst-coverage (coverage)\n- https://mcp.be-cm-kg.ai/record/XBRU/BE0003555639 (the record)\n",
 "market": "BE",
 "node": "be-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the BE vintage is not sealed; the record is the live record as of 2026-11-11",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "BE",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "BE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "BE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "be-cm-kg/XBRU/BE0003555639",
  "coverage": {
   "count": 6,
   "houses": [
    {
     "analyst": "Stijn Demeester",
     "house": "ING",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tessenderlo.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Wim Hoste",
     "house": "KBC Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tessenderlo.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Frank Claassen",
     "house": "Bank Degroof Petercam",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tessenderlo.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Alexandre Desprez",
     "house": "AlphaValue",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tessenderlo.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Christian Faitz",
     "house": "Kepler Chevreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tessenderlo.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Frank Claassen",
     "house": "Degroof Petercam",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tessenderlo.com/analyst-coverage",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.tessenderlo.com/analyst-coverage",
     "result": "read: 6 of 10 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 115,
     "median_cadence_gap_days": 19,
     "median_filings": 13,
     "median_latency_days": 21.5,
     "name": "Euronext Brussels"
    },
    "sector": {
     "market": "BE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "Announcement of acquisition of own shares": 8,
    "Announcement of change in denominator or in thresholds": 8,
    "Annual announcement": 1,
    "Annual financial report": 1,
    "Half-yearly financial report": 1,
    "Inside information": 1,
    "Minutes of ordinary general meeting": 1,
    "Notice of ordinary general meeting": 1
   },
   "cadence_median_gap_days": 8,
   "filing_days": 20,
   "filings": 22,
   "latency_days": 9,
   "latest": [
    {
     "category": "Announcement of change in denominator or in thresholds",
     "date": "2026-11-02",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=efcc86af-9fc9-47fc-84aa-5be9fd186394",
     "title": "2026-pr-tessenderlo-group-transparency-law-02112026-english.pdf",
     "type": "Announcement of change in denominator or in thresholds"
    },
    {
     "category": "Half-yearly financial report",
     "date": "2026-08-27",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=eec2fe9e-7e6e-462b-8c15-738ad9df6b87",
     "title": "2026 Interim report (English).pdf",
     "type": "Half-yearly financial report"
    },
    {
     "category": "Announcement of change in denominator or in thresholds",
     "date": "2026-08-03",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=5503bafd-1ba0-4136-84da-5c9ed119e8a7",
     "title": "2026 PR Tessenderlo Group Transparency law 03082026 English.pdf",
     "type": "Announcement of change in denominator or in thresholds"
    },
    {
     "category": "Inside information",
     "date": "2026-07-01",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=f40c145e-8633-4c50-bfff-1caa576a6bec",
     "title": "2026 PR announcement TG FMC 20260701 English.pdf",
     "type": "Inside information"
    },
    {
     "category": "Announcement of change in denominator or in thresholds",
     "date": "2026-06-01",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=78b78693-08c7-461f-b48c-248e2cf0e2f5",
     "title": "2026-pr-tessenderlo-group-transparency-law-01062026-english.pdf",
     "type": "Announcement of change in denominator or in thresholds"
    }
   ],
   "latest_filing_date": "2026-11-02",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.be-cm-kg.ai/events/XBRU/BE0003555639",
   "window": {
    "from": "2025-11-11",
    "to": "2026-11-11"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "Euronext Brussels"
   },
   "isin": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "BE0003555639"
   },
   "jurisdiction": {
    "market": "BE",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-12",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN BE0003555639)",
    "state": "sourced",
    "value": "549300ZKLIF7RP6EH823"
   },
   "name": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "TESSENDERLO GROUP"
   },
   "sector": {
    "market": "BE",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "BE",
    "state": "not_on_record"
   },
   "segment": {
    "market": "BE",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "BE0003555639"
   },
   "website": {
    "market": "BE",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "BE",
  "node": "be-cm-kg",
  "numbers_hash": "sha256:fc80abc5cfbf1648c2bffb6ad43754787ac1ab948a219614b846e924f72a3902",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://be.eu-cm-kg.ai/book/aio.json",
    "door": "https://be.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/be/mifid-ii-product-governance/r1",
   "section": "be.aio.v6"
  },
  "record": {
   "as_of": "2026-11-11",
   "url": "https://mcp.be-cm-kg.ai/record/XBRU/BE0003555639",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-12",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:fc80abc5cfbf1648c2bffb6ad43754787ac1ab948a219614b846e924f72a3902",
 "path": "/be/XBRU/BE0003555639",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is TESSENDERLO GROUP, listed on Euronext Brussels under ticker BE0003555639, ISIN BE0003555639 and LEI 549300ZKLIF7RP6EH823. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 22 filings across 20 filing days in the window 2025-11-11 to 2026-11-11. The median gap between filing days is 8 days. The latest filing is dated 2026-11-02 and is an announcement of change in denominator or in thresholds, 9 days before the record date of 2026-11-11. Euronext Brussels holds 115 issuers with a median of 13 filings, a median cadence gap of 19.0 days and a median latency of 21.5 days. The sector peer comparison for this market is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record and its location are not on the record. The market's record does not carry auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record does not carry listing, delisting, name change, domicile change or segment move lines for this issuer, as this register has no lifecycle type map yet. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable, because the chapter's orderability section carries no client categories for the outcome to name. The rule version is acm-68000/be/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 6 research houses: ING, KBC Securities, Bank Degroof Petercam, AlphaValue, Kepler Chevreux and Degroof Petercam.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds no openly published research notes for this issuer.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.be-cm-kg.ai/events/XBRU/BE0003555639"
  },
  {
   "for": "the halt flag",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)"
  },
  {
   "for": "the orderability chapter",
   "source": "https://be.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.tessenderlo.com/analyst-coverage"
  },
  {
   "for": "the record",
   "source": "https://mcp.be-cm-kg.ai/record/XBRU/BE0003555639"
  }
 ],
 "title": "TESSENDERLO GROUP (BE0003555639) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}