TiPies
InactiveInactive since 24-04-2026; last annual accounts for fiscal year 2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-09-2025, 151 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
151 d early
2024
8 d early
2023
40 d early
2022
1 d late
2021
41 d early
2020
45 d early
2019
58 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 49 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 (1)
History
Go further with this company
What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a date before the end?Company as of a date
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€862,590▲ 4.5%
2024 · €825,103
Total assets
€874,666▲ 4.3%
2024 · €838,784
Net result
€120,762▼ 32.1%
2024 · €177,836
Working capital
€862,590▲ 4.6%
2024 · €824,902
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
Line20212022202320242025
Operating result€164,781▲ 3.2%€175,551▲ 6.5%€194,680▲ 10.9%€221,935▲ 14.0%€115,778▼ 47.8%
Net result€129,919▲ 32.4%€123,015▼ 5.3%€158,412▲ 28.8%€177,836▲ 12.3%€120,762▼ 32.1%
Equity€654,050▲ 24.8%€620,569▼ 5.1%€718,032▲ 15.7%€825,103▲ 14.9%€862,590▲ 4.5%
Total assets€670,991▲ 15.2%€637,288▼ 5.0%€738,336▲ 15.9%€838,784▲ 13.6%€874,666▲ 4.3%
Debt€16,940▼ 70.9%€16,720▼ 1.3%€20,303▲ 21.4%€13,681▼ 32.6%€12,076▼ 11.7%
Working capital€630,277▲ 29.2%€607,479▼ 3.6%€717,330▲ 18.1%€824,902▲ 15.0%€862,590▲ 4.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €874,666
Equity
€862,590 ▲ 4.5%
Debt
€12,076 ▼ 11.7%
Debt's share of the balance-sheet total falls from 1.6% to 1.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€115,980▼
2024 · €222,436
Cash flow
€120,964▼
2024 · €178,337
Current ratio
72.43▲
2024 · 61.29
Debt to equity
0.01▼
2024 · 0.02
ROE
14.0%▼
2024 · 21.6%
ROA
13.8%▼
2024 · 21.2%
Interest coverage
1679.65▲
2024 · 1201.32
Debt ≤ 1 year
€12,076▼
2024 · €13,681
Income taxes
€44,831▼
2024 · €62,591
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,412 | €12,186 | €12,387 | €501 | €202 | ▼ 59.7% |
| Other operating charges640/8 | - | €450 | €555 | €560 | €507 | ▼ 9.5% |
| Gross operating margin9900 | €177,642 | €188,186 | €207,622 | €222,996 | €116,487 | ▼ 47.8% |
| Operating profit (loss)9901 | €164,781 | €175,551 | €194,680 | €221,935 | €115,778 | ▼ 47.8% |
| Financial income75/76B | - | - | €23,820 | €18,677 | €49,883 | ▲ 167% |
| Recurring financial income75 | - | - | €23,820 | €18,677 | €49,883 | ▲ 167% |
| Financial charges65/66B | - | €80 | €94 | €185 | €69 | ▼ 62.7% |
| Recurring financial charges65 | -€14,682 | €80 | €94 | €185 | €69 | ▼ 62.7% |
| Profit (loss) for the period before taxes9903 | €179,462 | €175,471 | €218,406 | €240,426 | €165,593 | ▼ 31.1% |
| Income taxes67/77 | €49,544 | €52,455 | €59,994 | €62,591 | €44,831 | ▼ 28.4% |
| Profit (loss) for the period9904 | €129,919 | €123,015 | €158,412 | €177,836 | €120,762 | ▼ 32.1% |
| Transfer to tax-exempt reserves689 | - | - | - | €84,200 | - | - |
| Profit (loss) for the period to be appropriated9905 | €129,919 | €123,015 | €158,412 | €93,636 | €120,762 | ▲ 29.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €670,991 | €637,288 | €738,336 | €838,784 | €874,666 | ▲ 4.3% |
| Fixed assets21/28 | €23,773 | €13,090 | €702 | €202 | - | - |
| Tangible fixed assets22/27 | €23,773 | €13,090 | €702 | €202 | - | - |
| Furniture and vehicles24 | - | €13,090 | €702 | €202 | - | - |
| Current assets29/58 | €647,218 | €624,199 | €737,633 | €838,583 | €874,666 | ▲ 4.3% |
| Amounts receivable within one year40/41 | €13,448 | - | €47,693 | €90,810 | €40,137 | ▼ 55.8% |
| Trade receivables40 | - | - | €24,702 | €25,941 | - | - |
| Other amounts receivable41 | - | - | €22,991 | €64,869 | €40,137 | ▼ 38.1% |
| Current investments50/53 | €209,682 | €209,682 | €623,682 | €623,682 | €623,682 | = |
| Cash at bank and in hand54/58 | €415,845 | €412,697 | €44,576 | €123,411 | €209,151 | ▲ 69.5% |
| Deferred charges and accrued income490/1 | - | €1,820 | €21,682 | €680 | €1,696 | ▲ 150% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €670,991 | €637,288 | €738,336 | €838,784 | €874,666 | ▲ 4.3% |
| Equity10/15 | €654,050 | €620,569 | €718,032 | €825,103 | €862,590 | ▲ 4.5% |
| Contributions10/11 | - | €18,913 | €18,913 | €18,913 | €18,913 | = |
| Reserves13 | €635,137 | €601,656 | €699,119 | €806,190 | €843,677 | ▲ 4.6% |
| Tax-exempt reserves132 | - | €2,808 | €2,808 | €87,008 | €87,008 | = |
| Distributable reserves133 | - | €598,848 | €696,311 | €719,182 | €756,669 | ▲ 5.2% |
| Amounts payable17/49 | €16,940 | €16,720 | €20,303 | €13,681 | €12,076 | ▼ 11.7% |
| Amounts payable within one year42/48 | €16,940 | €16,720 | €20,303 | €13,681 | €12,076 | ▼ 11.7% |
| Trade debts44 | €106 | €181 | €204 | €8 | - | - |
| Suppliers440/4 | - | €181 | €204 | €8 | - | - |
| Taxes, remuneration and social security45 | - | €16,539 | €20,099 | €13,673 | €12,076 | ▼ 11.7% |
| Taxes450/3 | - | €16,539 | €20,099 | €13,673 | €12,076 | ▼ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €129,919 | €123,015 | €158,412 | €177,836 | €120,762 | ▼ 32.1% |
| + Depreciation and write-downs630 | €12,412 | €12,186 | €12,387 | €501 | €202 | ▼ 59.7% |
| Operating cash flow (approximation) | €142,331 | €135,201 | €170,799 | €178,337 | €120,964 | ▼ 32.2% |
| Investment in fixed assets (approximation) | - | -€1,502 | €0 | €0 | - | - |
| Change in cash | - | -€3,148 | -€368,121 | €78,835 | €85,740 | ▲ 8.8% |
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 2026, expected by
2026
05-05
State Gazette act
End & cessationAppointment: Guy Franken (company auditor) · Resignation: Tim PIESSÉNS (sole director) · Auditor report11 facts ▸
State Gazette act
End & cessation
Appointment: Guy Franken (company auditor) · Resignation: Tim PIESSÉNS (sole director) · Auditor report11 facts ▸
- General meeting, 30-03-2026
- General meeting, goedkeuring
- Auditor appointment, Guy Franken (company auditor)
- Auditor report, 30-03-2026
- Net-asset statement, 28-02-2026
- Custody of records, 2880 Bornem, Vlinderstraat 13, Tim PIESSÉNS
- Declaration, geen onroerend goed of zakelijke rechten
- Power of attorney, SCA Geel
- Auditor report, 30-03-2026
- General meeting
- Director resignation, Tim PIESSÉNS (sole director)
2025
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €177,836 ▲12.3%
Operating result €221,935, net result €177,836, both a record.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Liquidity quadruplescurrent ratio 38.21
Current ratio from 9.40 to 38.21; short-term debt falls from €58,123 to €16,940.
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Equity above €500,000Eq €524,131 ▲10.5%
2 profitable years in a row build equity to €524,131.
2019
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
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.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
Statutory auditor 1
Guy Franken
CurrentCompany auditor · since 01-12-2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Bornem
Ground area
786 m²
Building footprint
111 m²
Volume, LiDAR
581 m³
Parcel 12007B0892/02F000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007B0892/02F000 | Flanders | 786 m² | 1 · 111 m² | 7.7 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.
Mandate history
2 people since 2025, 1 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Guy Franken |
|
| Tim PIESSÉNS |
|
Identification & contact
Identification
Legal formPrivate limited company
Founded30-09-2010
Fiscal year end30-06
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.