TINBEAU
ActiveTINBEAU has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €674k and a net result of €180k. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 38% of 12627 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
61
/ 100
Healthy▼ -25 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+64
Solvency55▼-30
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.27 against 1.53 in 2024), and 56.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.3%
Return on assets
11.5%
Age of the figures
8 mo
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 02-02-2026, 179 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
179 d early
2024
104 d early
2023
75 d early
2022
84 d early
2021
76 d early
2020
131 d early
2019
130 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 monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€674k▼ 23.9%
2024 · €886k
2018: €1.43M
2019: €1.57M
2020: €1.57M
2021: €1.26M
2022: €1.20M
2023: €821k
2024: €886k
2018 → 2025
Total assets
€1.56M▼ 11.1%
2024 · €1.75M
2018: €2.42M
2019: €2.54M
2020: €2.33M
2021: €2.15M
2022: €2.27M
2023: €1.96M
2024: €1.75M
2018 → 2025
Net result
€180k▲ 180%
2024 · €64k
2018: €231k
2019: €149k
2020: €158k
2021: €27k
2022: €35k
2023: €73k
2024: €64k
2018 → 2025
Working capital
€-180k
2024 · €61k
2018: €1.19M
2019: €1.13M
2020: €1.03M
2021: €556k
2022: €679k
2023: €7k
2024: €61k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.26M-€1.20M▼ 4.6%€821k▼ 31.4%€886k▲ 7.8%€674k▼ 23.9%
Operating result€55k-€55k▼ 0.1%€14k▼ 74.2%€107k▲ 657%€288k▲ 169%
Net result€27k-€35k▲ 30.0%€73k▲ 108%€64k▼ 12.5%€180k▲ 180%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 169% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.56M
Fixed assets
€1.49M▼ 5.4%
Current assets
€66k▼ 62.2%
Equity and liabilities €1.56M
Equity
€674k▼ 23.9%
Debt
€884k▲ 2.0%
The debt ratio rises from 49.4% to 56.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€373k▲
2024 · €202k
Cash flow
€265k▲
2024 · €159k
Solvency
43.3%▼
2024 · 50.6%
Current ratio
0.27▼
2024 · 1.53
Quick ratio
0.27▼
2024 · 1.53
Debt / equity
1.31▲
2024 · 0.98
ROE
26.7%▲
2024 · 7.3%
ROA
11.5%▲
2024 · 3.7%
Interest coverage
17.01▲
2024 · 10.69
Debt
€884k▲
2024 · €866k
Debt ≤ 1 year
€246k▲
2024 · €114k
Debt > 1 year
€632k▼
2024 · €750k
Income taxes
€87k▲
2024 · €26k
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€1.75M€1.56M▼
Fixed assets21/28€1.58M€1.49M▼
Tangible fixed assets22/27€1.58M€1.49M▼
Land and buildings22€1.47M€1.31M▼
Plant, machinery and equipment23€8k€11k▲
Furniture and vehicles24€50k€118k▲
Other tangible fixed assets26€45k€47k▲
Current assets29/58€175k€66k▼
Amounts receivable within one year40/41€40k€41k▲
Trade receivables40€39k€40k▲
Other amounts receivable41€836€836=
Cash at bank and in hand54/58€133k€23k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.75M€1.56M▼
Equity10/15€886k€674k▼
Contributions10/11€19k€19k=
Reserves13€816k€605k▼
Distributable reserves133€816k€605k▼
Profit (loss) carried forward14€51k€51k▼
Amounts payable17/49€866k€884k▲
Amounts payable after more than one year17€750k€632k▼
Financial debts170/4€750k€632k▼
Amounts payable within one year42/48€114k€246k▲
Current portion of amounts payable after more than one year42€93k€90k▼
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€15k€31k▲
Taxes450/3€15k€31k▲
Other amounts payable47/48€631€124k▲
Accrued charges and deferred income492/3€2k€5k▲
Income statement
Code20242025
Non-recurring operating income76A-€108k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€85k▼
Other operating charges640/8€11k€17k▲
Gross operating margin9900€213k€391k▲
Operating profit (loss)9901€107k€288k▲
Financial income75/76B€2k€131▼
Recurring financial income75€2k€131▼
Financial charges65/66B€19k€22k▲
Recurring financial charges65€19k€22k▲
Profit (loss) for the period before taxes9903€90k€266k▲
Income taxes67/77€26k€87k▲
Profit (loss) for the period9904€64k€180k▲
Profit (loss) for the period to be appropriated9905€64k€180k▲
Appropriation of the result
Profit (loss) to be appropriated9906€115k€230k▲
Profit (loss) brought forward from the previous period14P€51k€51k=
Transfer from equity791/2€0€391k▲
Transfer to equity691/2€64k€180k▲
To other reserves6921€64k€180k▲
Profit to be distributed694/7€0€391k▲
Return on contributions (dividend)694€0€391k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €27k ▼82.9%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 65 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waasmunster · 1 establishment unit since 2008
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.
Oudeheerweg-Heide 1079250 WaasmunsterGround area
2,242 m²
Building footprint
310 m²
Volume, LiDAR
2,087 m³
Parcel 42023B0265/00D000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tinbeau
since 20082.295.014.258
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023B0265/00D000 | Flanders | 2,242 m² | 1 · 309 m² | 11.5 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
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WALTER HOSTEN, BEDRIJFSREVISOR
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MABECON
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Of 940 companies in sector 69203 we hold annual accounts for 658. 487 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2006
Fiscal year end31-12
Activities, NACEBEL
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.