TINCO
ActiveSummary
TINCO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €587k and a net result of €110k. Equity is growing by ~40.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 1046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78=
Solvency64▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 2.28 in 2024; short-term debt: 25% and cash: 13.2% of total assets), and 61.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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 2025Solvency, return and age of the figures
Solvency
38.6%
Return on assets
7.2%
Age of the figures
15 mo
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 · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
1 d early
2023
on the day
2022
on the day
2021
on the day
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€587k▲ 23.1%
2024 · €477k
2019: €39k
2020: €72k
2021: €114k
2022: €254k
2023: €383k
2024: €477k
2019 → 2025
Total assets
€1.52M▲ 14.6%
2024 · €1.33M
2019: €243k
2020: €270k
2021: €520k
2022: €818k
2023: €972k
2024: €1.33M
2019 → 2025
Net result
€110k▲ 16.9%
2024 · €94k
2019: €19k
2020: €34k
2021: €42k
2022: €140k
2023: €129k
2024: €94k
2019 → 2025
Working capital
€33k▼ 90.1%
2024 · €333k
2019: €-18k
2020: €36k
2021: €21k
2022: €202k
2023: €287k
2024: €333k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€254k▲ 123%€383k▲ 50.8%€477k▲ 24.6%€587k▲ 23.1%
Operating result€60k-€189k▲ 214%€187k▼ 0.9%€145k▼ 22.5%€178k▲ 22.9%
Net result€42k-€140k▲ 236%€129k▼ 7.8%€94k▼ 26.9%€110k▲ 16.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 23% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.52M
Fixed assets
€1.11M ▲ 51.1%
Current assets
€413k ▼ 30.5%
Equity and liabilities €1.52M
Equity
€587k ▲ 23.1%
Debt
€935k ▲ 9.9%
Debt's share of the balance-sheet total falls from 64.1% to 61.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€248k▼
2024 · €256k
Cash flow
€180k▼
2024 · €206k
Current ratio
1.09▼
2024 · 2.28
Quick ratio
0.93▼
2024 · 2.14
Debt to equity
1.59▼
2024 · 1.78
ROE
18.8%▼
2024 · 19.8%
ROA
7.2%▲
2024 · 7.1%
Interest coverage
13.59▼
2024 · 30.96
Debt ≤ 1 year
€380k▲
2024 · €261k
Debt > 1 year
€554k▼
2024 · €590k
Income taxes
€50k▲
2024 · €42k
Staff costs
€385k▼
2024 · €490k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.33M€1.52M▲
Fixed assets21/28€734k€1.11M▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€734k€713k▼
Land and buildings22€486k€509k▲
Plant, machinery and equipment23€16k€13k▼
Furniture and vehicles24€48k€36k▼
Other tangible fixed assets26€185k€155k▼
Financial fixed assets28€0€396k▲
Current assets29/58€594k€413k▼
Amounts receivable after more than one year29€257k€0▼
Other amounts receivable291€257k€0▼
Stocks and contracts in progress3€35k€60k▲
Stocks30/36€35k€60k▲
Amounts receivable within one year40/41€230k€148k▼
Trade receivables40€185k€78k▼
Other amounts receivable41€45k€70k▲
Cash at bank and in hand54/58€72k€201k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.52M▲
Equity10/15€477k€587k▲
Contributions10/11€6k€6k=
Reserves13€471k€581k▲
Distributable reserves133€471k€581k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€851k€935k▲
Amounts payable after more than one year17€590k€554k▼
Financial debts170/4€590k€554k▼
Amounts payable within one year42/48€261k€380k▲
Current portion of amounts payable after more than one year42€34k€36k▲
Financial debts43-€45
Credit institutions430/8-€45
Trade debts44€108k€151k▲
Suppliers440/4€108k€151k▲
Taxes, remuneration and social security45€119k€157k▲
Taxes450/3€77k€110k▲
Remuneration and social security454/9€43k€47k▲
Other amounts payable47/48-€37k
Accrued charges and deferred income492/3€0€700▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€490k€385k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€70k▼
Other operating charges640/8€5k€3k▼
Gross operating margin9900€751k€635k▼
Operating profit (loss)9901€145k€178k▲
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€8k€18k▲
Recurring financial charges65€8k€18k▲
Profit (loss) for the period before taxes9903€137k€160k▲
Income taxes67/77€42k€50k▲
Profit (loss) for the period9904€94k€110k▲
Profit (loss) for the period to be appropriated9905€94k€110k▲
Appropriation of the result
Profit (loss) to be appropriated9906€125k€110k▼
Profit (loss) brought forward from the previous period14P€31k€0▼
Transfer to equity691/2€125k€110k▼
To other reserves6921€125k€110k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 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
03-09
State Gazette act
Incorporation · Founding capital
Corporate purpose · Director appointment
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
30-06
Financial
Equity above €500kEq €587k ▲23.1%
7 profitable years in a row build equity to €587k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €140k ▲236%
Operating result €189k, net result €140k, both a record.
30-06
Financial
Equity above €200kEq €254k ▲123%
4 profitable years in a row build equity to €254k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €100kEq €114k ▲57.7%
3 profitable years in a row build equity to €114k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 11 days late
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Pajottegem · 1 establishment unit since 2014
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.
Edingsesteenweg 1171755 PajottegemGround area
590 m²
Building footprint
263 m²
Volume, LiDAR
1,049 m³
Parcel 23024A0540/00P000, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tinco bvba
since 20142.233.433.710
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23024A0540/00P000 | Flanders | 590 m² | 1 · 263 m² | 8.9 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 7,730 EUR awarded · 7,730 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 4,730 EUR | 4,730 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
| 2022 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 1 endedHaarverzorging duaal (so)
Kapper (vwo)
Kapper-stylist duaal (so)
Show 1 ended approval
Kapper (so)
Legal Entity Identifier
9845007F0F88DQFDC523
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Of 21,748 companies in sector 96210 we hold annual accounts for 2,833. 657 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2014
Fiscal year end30-06
Activities, NACEBEL 2025
96210Hairdressing and barber services
41001General construction of residential buildings
43211General electrical installation work
47521Retail sale of hardware, building materials, paint and glass (general range)
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.