TIBERCO
ActiveTIBERCO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €159k and a net result of €26k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 18941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+13
Solvency92▼-5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 0.94 in 2023; short-term debt: 33% and cash: 40.3% of total assets), and 33% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-04-2025, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
113 d early
2023
58 d early
2022
151 d early
2021
137 d early
2020
127 d early
2019
115 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€159k▲ 17.7%
2023 · €135k
2018: €66k
2019: €69k
2020: €86k
2021: €124k
2022: €136k
2023: €135k
2018 → 2024
Total assets
€237k▲ 26.5%
2023 · €187k
2018: €126k
2019: €127k
2020: €138k
2021: €176k
2022: €186k
2023: €187k
2018 → 2024
Net result
€26k▲ 96,377%
2023 · €27
2018: €2k
2019: €4k
2020: €17k
2021: €39k
2022: €14k
2023: €27
2018 → 2024
Working capital
€32k
2023 · €-3k
2018: €-2k
2019: €6k
2020: €23k
2021: €56k
2022: €70k
2023: €-3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€86k-€124k▲ 44.0%€136k▲ 10.3%€135k▼ 1.2%€159k▲ 17.7%
Operating result€23k-€63k▲ 172%€25k▼ 60.4%€4k▼ 83.7%€41k▲ 899%
Net result€17k-€39k▲ 124%€14k▼ 64.8%€27▼ 99.8%€26k▲ 96,377%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 899% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €237k
Fixed assets
€126k▼ 8.6%
Current assets
€111k▲ 125%
Equity and liabilities €237k
Equity
€159k▲ 17.7%
Debt
€78k▲ 49.2%
The debt ratio rises from 28.0% to 33.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57k▲
2023 · €22k
Cash flow
€42k▲
2023 · €18k
Solvency
67.0%▼
2023 · 72.0%
Current ratio
1.42▲
2023 · 0.94
Quick ratio
1.36▲
2023 · 0.84
Debt / equity
0.49▲
2023 · 0.39
ROE
16.1%▲
2023 · 0.0%
ROA
10.8%▲
2023 · 0.0%
Interest coverage
10.94▲
2023 · 7.73
Debt
€78k▲
2023 · €52k
Debt ≤ 1 year
€78k▲
2023 · €52k
Income taxes
€11k▲
2023 · €1k
Staff costs
€80k▲
2023 · €65k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€187k€237k▲
Fixed assets21/28€138k€126k▼
Tangible fixed assets22/27€138k€126k▼
Land and buildings22€112k€107k▼
Plant, machinery and equipment23€19k€14k▼
Furniture and vehicles24€7k€4k▼
Financial fixed assets28€150€150=
Current assets29/58€49k€111k▲
Stocks and contracts in progress3€5k€5k▼
Stocks30/36€5k€5k▼
Amounts receivable within one year40/41€13k€1k▼
Trade receivables40€1k€1k▲
Other amounts receivable41€12k€33▼
Cash at bank and in hand54/58€21k€95k▲
Deferred charges and accrued income490/1€10k€10k▼
Equity and liabilities
Total equity and liabilities10/49€187k€237k▲
Equity10/15€135k€159k▲
Contributions10/11€19k€19k=
Reserves13€116k€140k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€116k€140k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€52k€78k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€52k€78k▲
Current portion of amounts payable after more than one year42€467€0▼
Trade debts44€131€12k▲
Suppliers440/4€131€12k▲
Taxes, remuneration and social security45€9k€17k▲
Taxes450/3€1k€9k▲
Remuneration and social security454/9€8k€9k▲
Other amounts payable47/48€43k€49k▲
Income statement
Code20232024
Remuneration, social security and pensions62€65k€80k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€16k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€91k€141k▲
Operating profit (loss)9901€4k€41k▲
Financial income75/76B€52€370▲
Recurring financial income75€52€370▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€1k€36k▲
Income taxes67/77€1k€11k▲
Profit (loss) for the period9904€27€26k▲
Profit (loss) for the period to be appropriated9905€27€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27€26k▲
Transfer from equity791/2€2k€2k▲
Transfer to equity691/2€27€26k▲
To other reserves6921€27€26k▲
Profit to be distributed694/7€2k€2k▲
Return on contributions (dividend)694€2k€2k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €159k ▲17.7%
7 profitable years in a row build equity to €159k.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €27 ▼99.8%
Net result drops to €27, the lowest in the series; recovery starts the following year.
02-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €39k ▲124%
Operating result €63k, net result €39k, both a record.
31-12
Financial
Equity above €100kEq €124k ▲44%
4 profitable years in a row build equity to €124k.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, De Panne · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leopold I Esplanade 128660 De PanneGround area
883 m²
Building footprint
529 m²
Volume, LiDAR
9,113 m³
Parcel 38352E0787/00A000, Flanders · tallest building 23.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
TIBERCO
since 19942.066.614.001
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38352E0787/00A000 | Flanders | 883 m² | 1 · 529 m² | 23.9 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDe Panne2.066.614.001
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La Table d'Hôte
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Juthose
BE 0870.419.404
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't KANTIENTJE
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MV DIVINA
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Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 8,967 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-1994
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.