Losses
-€218,787 in five years
Every financial year from 2021 to 2025 closed with a loss. 2023 was the heaviest.
TINEL
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €81,207 (2009)
€12,818▼ 43.8%
lowest -€55,435 (2023)
-€44,722▼ €7,970
peak €928,717 (2020)
€709,931▼ 5.9%
€506,480▼ 0.8%
Board6 names since 2014
1 director
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €22,794 to €12,818Loss of €44,722
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as TINEL has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,613 companies, not a prediction for TINEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
New director
appointed, resigned · General meeting of 31-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0459351121
New director
appointed, resigned · Permanent representative: · Legal-form conversion: to private limited company · Gazette deed
2 directors resigning
Change of role: , from director to manager · Resignations: and · Permanent representative: · General meeting of 23-03-2015 · Gazette deed
Official details
Source: KBO- Status
- Active since 02-12-1996Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.079.529.2538791 Waregem, since 05-05-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 14-01-2026
Insights on TINEL
TINEL files the micro format. That format states no turnover. The gross margin fell from €48,238 in 2006 to €12,818 in 2025.
The balance sheet grew most from 2020 to 2021 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TINEL
- What is the company number of TINEL?
- The company number of TINEL is 0459.351.121. The VAT number is the same number with BE in front: BE 0459.351.121.
- Where is TINEL based?
- The registered office is at Grote Heerweg 121, 8791 Waregem.Company details
- What is the legal form of TINEL?
- TINEL is a private limited company (BV).
- When was TINEL founded?
- TINEL was founded on 02-12-1996.
- Is TINEL still active?
- Yes, TINEL is an active enterprise in the KBO register.
- What is the turnover of TINEL?
- The turnover in financial year 2025 is ≈ €95,000. This figure is estimated from the gross margin of €12,818 and 7,098 comparable companies of the same size. It probably lies between €43,000 and €230,000. It is a rough estimate.Financials
- Is TINEL profitable?
- In financial year 2025, TINEL made a loss of €44,722.
- Where can I find the annual accounts of TINEL?
- TINEL filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TINEL due?
- TINEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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