TIGVIN
ActiveSummary
TIGVIN has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €196,600 and a net result of €1,361. Equity is shrinking by ~7.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability70▲+26
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 2.35 against 3.67 in 2025; short-term debt: 5.5% and cash: 11.8% of total assets), and 6.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
93.9%
Return on assets
0.6%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 12-08-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
80 d early
2025
15 d early
2024
17 d early
2023
13 d early
2022
6 d early
2021
2 d early
2020
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 16 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€196,600▼ 4.2%
2025 · €205,239
Total assets
€209,434▼ 1.0%
2025 · €211,504
Net result
€1,361
2025 · -€7,194
Working capital
€15,617▼ 6.7%
2025 · €16,734
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result-€15,270▲ 50.6%-€3,648▲ 76.1%€2,276-€6,849€1,910
Net result-€15,703▲ 49.9%-€3,934▲ 75.0%€1,750-€7,194€1,361
Equity€234,616▼ 9.9%€220,683▼ 5.9%€222,433▲ 0.8%€205,239▼ 7.7%€196,600▼ 4.2%
Total assets€255,976▼ 10.8%€226,736▼ 11.4%€224,696▼ 0.9%€211,504▼ 5.9%€209,434▼ 1.0%
Debt€21,359▼ 19.4%€6,053▼ 71.7%€2,263▼ 62.6%€6,265▲ 177%€12,834▲ 105%
Working capital€55,345▼ 24.4%€47,915▼ 13.4%€36,354▼ 24.1%€16,734▼ 54.0%€15,617▼ 6.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2026: €1,910 after a loss of €6,849 in 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €209,434
Fixed assets
€182,279 ▼ 3.3%
Current assets
€27,155 ▲ 18.1%
Equity and liabilities €209,434
Equity
€196,600 ▼ 4.2%
Debt
€12,834 ▲ 105%
Debt's share of the balance-sheet total rises from 3.0% to 6.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€10,166▲
2025 · €455
Cash flow
€9,617▲
2025 · €110
Current ratio
2.35▼
2025 · 3.67
Debt to equity
0.07▲
2025 · 0.03
ROE
0.7%▲
2025 · -3.5%
ROA
0.6%▲
2025 · -3.4%
Interest coverage
54.17▲
2025 · 3.57
Debt ≤ 1 year
€11,539▲
2025 · €6,265
Income taxes
€361▲
2025 · €218
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €500 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,657 | €8,566 | €6,689 | €7,304 | €8,256 | ▲ 13.0% |
| Other operating charges640/8 | €2,173 | €2,193 | €3,428 | €3,011 | €3,104 | ▲ 3.1% |
| Gross operating margin9900 | €12,560 | €7,111 | €12,392 | €3,467 | €13,270 | ▲ 283% |
| Operating profit (loss)9901 | -€15,270 | -€3,648 | €2,276 | -€6,849 | €1,910 | ▲ 128% |
| Financial income75/76B | - | €0 | €1 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | €0 | €1 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €433 | €286 | €167 | €127 | €188 | ▲ 47.3% |
| Recurring financial charges65 | €433 | €286 | €167 | €127 | €188 | ▲ 47.3% |
| Profit (loss) for the period before taxes9903 | -€15,703 | -€3,934 | €2,110 | -€6,976 | €1,723 | ▲ 125% |
| Income taxes67/77 | - | - | €359 | €218 | €361 | ▲ 65.7% |
| Profit (loss) for the period9904 | -€15,703 | -€3,934 | €1,750 | -€7,194 | €1,361 | ▲ 119% |
| Profit (loss) for the period to be appropriated9905 | -€15,703 | -€3,934 | €1,750 | -€7,194 | €1,361 | ▲ 119% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €255,976 | €226,736 | €224,696 | €211,504 | €209,434 | ▼ 1.0% |
| Fixed assets21/28 | €181,334 | €172,768 | €186,079 | €188,505 | €182,279 | ▼ 3.3% |
| Tangible fixed assets22/27 | €181,334 | €172,768 | €186,079 | €188,505 | €182,279 | ▼ 3.3% |
| Land and buildings22 | €180,213 | €172,768 | €169,598 | €176,024 | €173,799 | ▼ 1.3% |
| Furniture and vehicles24 | €1,120 | - | €16,481 | €12,481 | €8,481 | ▼ 32.0% |
| Current assets29/58 | €74,642 | €53,968 | €38,617 | €22,998 | €27,155 | ▲ 18.1% |
| Amounts receivable within one year40/41 | €1,975 | €300 | €1,551 | €3,559 | €1,742 | ▼ 51.0% |
| Trade receivables40 | €1,975 | €300 | €1,551 | €3,559 | €1,742 | ▼ 51.0% |
| Cash at bank and in hand54/58 | €71,816 | €53,093 | €36,442 | €18,815 | €24,788 | ▲ 31.7% |
| Deferred charges and accrued income490/1 | €851 | €575 | €625 | €625 | €625 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €255,976 | €226,736 | €224,696 | €211,504 | €209,434 | ▼ 1.0% |
| Equity10/15 | €234,616 | €220,683 | €222,433 | €205,239 | €196,600 | ▼ 4.2% |
| Contributions10/11 | €34,562 | €34,562 | €34,562 | €34,562 | €34,562 | = |
| Reserves13 | €3,456 | €3,456 | €187,872 | €170,677 | €162,038 | ▼ 5.1% |
| Non-distributable reserves130/1 | €3,456 | €3,456 | - | - | - | - |
| Reserves not available under the articles1311 | €3,456 | €3,456 | - | - | - | - |
| Distributable reserves133 | - | - | €187,872 | €170,677 | €162,038 | ▼ 5.1% |
| Profit (loss) carried forward14 | €196,599 | €182,665 | - | €0 | €0 | - |
| Amounts payable17/49 | €21,359 | €6,053 | €2,263 | €6,265 | €12,834 | ▲ 105% |
| Amounts payable after more than one year17 | €2,063 | - | - | - | - | - |
| Financial debts170/4 | €2,063 | - | - | - | - | - |
| Amounts payable within one year42/48 | €19,296 | €6,053 | €2,263 | €6,265 | €11,539 | ▲ 84.2% |
| Current portion of amounts payable after more than one year42 | €12,285 | €2,063 | - | - | - | - |
| Trade debts44 | €6,904 | €3,930 | €1,202 | €5,205 | €90 | ▼ 98.3% |
| Suppliers440/4 | €6,904 | €3,930 | €1,202 | €5,205 | €90 | ▼ 98.3% |
| Taxes, remuneration and social security45 | - | - | €359 | €218 | €3,361 | ▲ 1,442% |
| Taxes450/3 | - | - | €359 | €218 | €3,361 | ▲ 1,442% |
| Other amounts payable47/48 | €108 | €60 | €702 | €842 | €8,087 | ▲ 861% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,296 | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,703 | -€3,934 | €1,750 | -€7,194 | €1,361 | ▲ 119% |
| + Depreciation and write-downs630 | €25,657 | €8,566 | €6,689 | €7,304 | €8,256 | ▲ 13.0% |
| Operating cash flow (approximation) | €9,954 | €4,633 | €8,439 | €110 | €9,617 | ▲ 8,647% |
| Investment in fixed assets (approximation) | - | €0 | -€20,000 | -€9,731 | -€2,030 | ▲ 79.1% |
| Change in cash | - | -€18,723 | -€16,651 | -€17,627 | €5,973 | ▲ 134% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Back to profitnet €1,361
Net result €1,361 after one loss-making year.
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €1,750
Net result €1,750 after 5 loss-making years.
2023
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 8.92
Current ratio from 3.87 to 8.92; short-term debt falls from €19,296 to €6,053.
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet -€45,115
Net result drops to -€45,115, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity times 79current ratio 10.74
Current ratio from 0.14 to 10.74; short-term debt falls from €24,180 to €12,055.
Show earlier events
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Zemst · 1 establishment unit since 2016
Ground area
989 m²
Building footprint
200 m²
Volume, LiDAR
1,291 m³
Parcel 23096C0675/00M000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Linterpoortenlaan 29, 1980 Zemst
since 20162.292.006.664
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23096C0675/00M000 | Flanders | 989 m² | 1 · 200 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded29-09-2016
Fiscal year end31-03
E-invoicing
Reachable via Peppol
Peppol ID
0208:0663600853
Also
9925:BE0663600853
Registered
31-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.