TIHON & CIE
ActiveSummary
TIHON & CIE has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€171,117) and a net result of -€89,476. Equity has been shrinking by about 52% per year since 2018. Its solvency ranks better than 5% of 144 sector peers (NACE 32, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Official details
Source: KBO- Status
- Active since 19-10-1989 Normal situation
- Registered office
- 60 active companies are registered at this address 7 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Manufacture of medical and dental instruments and supplies NACE 32500and 3 others
- Joint committee
- 207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 2021
- Establishment unit
- 2.045.642.502 1040 Etterbeek, since 16-11-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- TIHON MichelManaging director
- CRUYSMANS GauthierDirector · since 21-12-2023
- DE COKELE ChristianeDirector · since 21-12-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
- Gross margin
- -€45,984
- Loss
- €89,476
- ▲ 80.0%
- Equity
- -€171,117
- ▼ 110%
- Total assets
- €195,458
- ▼ 4.0%
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLoss of €89,476, the second in a row (financial year 2025)Negative equity -€171,117lowers riskSize: total assets €195,458Founded in 1989Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 32, micro). It does better than 6% of them on solvency, 7% on liquidity, 6% on profitability and 5% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 37 days after the deadline. In the sector (NACE 32), the median for financial year 2024 was 2 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€171,117 View
- Risk: 8 loss-making years in a rowloss in financial year 2025 -€89,476 View
- Caution: Equity fell in 2025from -€81,641 to -€171,117 ▼ 110% View
- Caution: Lower solvency than 95% of companies in other manufacturingsector median 48.8% · 144 companies -87.5% View
Recent changes
- · Gazette deed Capital increase of €108,900 to €171,400Change of role: TIHON Michel, from director to managing director · Resignations: DE COKELE Christiane, Iweins d’Eeckhoutte Pierre and 2 others · Reappointments: TIHON Michel, DE COKELE Christiane and 3 others
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as TIHON & CIE: manufacture of medical and dental instruments and supplies (NACE 32500). They are comparable in size and age: total assets between €146,000 and €347,000, founded between 1981 and 1995.
| Company | Total assets | Gross margin |
|---|---|---|
| TIHON & CIE Etterbeek | €195,458 | -€45,984 |
| LABORATOIRE FRETEUR Tournai | €164,358 | €1,078 |
| MEDESTIME Charleroi | €231,746 | -€38,922 |
| DEGRO Opwijk | €231,306 | -€7,393 |
| BEHODENT Maasmechelen | €146,086 | -€5,394 |
| Tandtechnisch Laboratorium Katia Vanherck Zoersel | €257,305 | -€7,005 |
| SW & CO Kontich | €347,228 | -€2,491 |
Key facts about TIHON & CIE
- What is the company number of TIHON & CIE?
- The company number of TIHON & CIE is 0438.663.197. The VAT number is the same number with BE in front: BE 0438.663.197.
- Where is TIHON & CIE based?
- The registered office is at Sint Michielswarande 30B, 1040 Etterbeek.Company details
- What does TIHON & CIE do?
- According to the KBO register, the main activity is manufacture of medical and dental instruments and supplies (NACE 32500).
- What is the legal form of TIHON & CIE?
- The legal form of TIHON & CIE is Public limited company (NV).
- When was TIHON & CIE founded?
- TIHON & CIE was founded on 19-10-1989.
- Is TIHON & CIE still active?
- Yes, TIHON & CIE is an active enterprise in the KBO register.
- How many employees does TIHON & CIE have?
- TIHON & CIE had an average of 0.5 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does TIHON & CIE fall under?
- In its 2021 annual accounts, TIHON & CIE states joint committee 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid).
- What is the turnover of TIHON & CIE?
- The annual accounts for financial year 2025 state no turnover. In financial year 2022 turnover was €536,931.
- Is TIHON & CIE profitable?
- In financial year 2025, TIHON & CIE made a loss of €89,476.
- Where can I find the annual accounts of TIHON & CIE?
- TIHON & CIE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIHON & CIE due?
- TIHON & CIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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