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TIEST

Active
Private limited companyfounded 20232 yrs activeKievermondeveld 30, 2440 Geel, BelgiumKBO/BCE: BE 1002.476.291

TIEST has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €622. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 4610 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
45 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+62
Solvency34▼-7
Growth58▲+26
Track record82
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
9 d early
2024
1 d early
2023
5 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€3k▲ 28.3%
2024 · €2k
2023: €3k 2024: €2k
2023 → 2025
Total assets
€30k▲ 122%
2024 · €13k
2023: €17k 2024: €13k
2023 → 2025
Net result
€622
2024 · €-1k
2023: €457 2024: €-1k
2023 → 2025
Working capital
€-15k
2024 · €1k
2023: €-3k 2024: €1k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€3k-€2k▼ 31.4%€3k▲ 28.3%
Operating result€621-€-661€1k
Net result€457-€-1k€622
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-2k€-1k€0€1kOperating result 2023: €621€621Net result 2023: €457€457Operating result 2024: €-661€-661Net result 2024: €-1k€-1kOperating result 2025: €1k€1kNet result 2025: €622€622202320242025
The operating result returns to profit in 2025: €1k after a loss of €661 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30k
Fixed assets €18k▲ 1,933%
Current assets €12k▼ 7.5%
Equity and liabilities €30k
Equity €3k▲ 28.3%
Debt €27k▲ 140%
The debt ratio rises from 83.7% to 90.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2k
2024 · €-561
Cash flow
€1k
2024 · €-906
Solvency
9.4%
2024 · 16.3%
Current ratio
0.43
2024 · 1.12
Quick ratio
0.17
2024 · 0.83
Debt / equity
9.61
2024 · 5.13
ROE
22.0%
2024 · -45.7%
ROA
2.1%
2024 · -7.5%
Interest coverage
13.92
2024 · -20.00
Debt
€27k
2024 · €11k
Debt ≤ 1 year
€27k
2024 · €11k
Income taxes
€694
2024 · €327
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€13k€30k
Fixed assets21/28€900€18k
Intangible fixed assets21€900€800
Tangible fixed assets22/27-€17k
Plant, machinery and equipment23-€2k
Other tangible fixed assets26-€16k
Financial fixed assets28€0-
Current assets29/58€13k€12k
Stocks and contracts in progress3€3k€7k
Stocks30/36€3k€7k
Amounts receivable within one year40/41€7k€2k
Trade receivables40€7k€2k
Cash at bank and in hand54/58€542€892
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€13k€30k
Equity10/15€2k€3k
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-549€73
Amounts payable17/49€11k€27k
Amounts payable within one year42/48€11k€27k
Trade debts44€625€679
Suppliers440/4€625€679
Taxes, remuneration and social security45€5k€4k
Taxes450/3€5k€4k
Other amounts payable47/48€6k€22k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100€385
Other operating charges640/8€505€1k
Gross operating margin9900€-56€3k
Operating profit (loss)9901€-661€1k
Financial income75/76B€10€0
Recurring financial income75€10€0
Financial charges65/66B€28€132
Recurring financial charges65€28€132
Profit (loss) for the period before taxes9903€-679€1k
Income taxes67/77€327€694
Profit (loss) for the period9904€-1k€622
Profit (loss) for the period to be appropriated9905€-1k€622
Appropriation of the result
Profit (loss) to be appropriated9906€-549€73
Profit (loss) brought forward from the previous period14P€457€-549

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €622
Net result €622 after one loss-making year.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-1k ▼320%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are 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, Geel · 1 establishment unit since 2023
establishment The establishment unit on the map
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.

Kievermondeveld 302440 Geel
Ground area
1,277 m²
Building footprint
173 m²
Volume, LiDAR
821 m³
Parcel 13008H1157/00D000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tiest
Kievermondeveld 30, 2440 GeelRetail sale of cosmetics and toilet articles
since 20232.353.557.817
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13008H1157/00D000 Flanders 1,277 m² 1 · 173 m² 6.8 m · 2 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.

Similar companies · same sector, comparable size

Of 24,863 companies in sector 96220 we hold annual accounts for 1,443. 732 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-11-2023
Fiscal year end31-12
Activities, NACEBEL
96022Beauty treatment
96220Beauty care and other beauty treatments
47750Retail sale of cosmetics and toilet articles
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.