Equity
€49,443 ▼ 72.7%
TIRECO paid out €225,130 in dividends. That is 241% of the 2025 profit.
TIRECO
Lifetime
7 annual accounts with figures on one time axispeak €117,173 (2025)
€117,173▲ 50.3%
peak €93,525 (2025)
€93,525▲ 24.6%
peak €181,049 (2023)
€49,443▼ 72.7%
€239,669▲ 161%
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
27-03-2026126 days before the deadline
2025micro format
Gross margin from €77,981 to €117,173Dividend €225,130Equity from €181,049 to €49,443Debts from €91,860 to €239,669
Key points
from the 2025 annual accountsDebts
€239,669 ▲ 161%
Debts rose by €147,809 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€11,597 6.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.17 was 2.99 in 2024
Short-term debts rose from €91,124 to €239,669.
Filings
7 annual accounts 2 late
The 2020 accounts came latest: 26 days after the end of the period.
Position in the sector
€93,525
Higher net result than 91% of companies in architecture and engineering. Sector median €16,508 · 12,247 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,712 companies had the same profile as TIRECO has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 6,712 companies, not a prediction for TIRECO. 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
Board and ownership
Director, since 01-02-2019
Manager, since 01-02-2019
- 100 sharesdeed of 25-02-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0721400282
Change of role: , from manager to director
“De consultance en ingénierie; De gestion de projets; De conseil technique; De conseil de gestion; De contrôle…” (deed in French) · General meeting of 07-12-2021 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €12,400 paid up · Founder: (comparant à l’acte constitutif) · Appointment: (manager) · published on 25-02-2019 · Gazette deed
First establishment
Heid du Moulin 28, Neupré
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TIRECO Neupré | €289,112 | €117,173 | 17.1% | - |
| JCH ENGINEERING Visé | €273,671 | €119,434 | 0.9% | - |
| KAPTA Survey Braives | €328,856 | €113,422 | 28.7% | - |
| RUWETTE Herve | €238,968 | €99,987 | 0.8% | - |
| W&S ENGINEERING Bonheiden | €279,538 | €103,702 | 6.7% | - |
| Selo Heist-op-den-Berg | €318,642 | €122,729 | 88.7% | - |
| H-Group Services Leopoldsburg | €293,067 | €104,948 | 76.7% | - |
These companies have the same main activity as TIRECO: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €239,000 and €329,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 21-02-2019Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
- Establishment unit
- 2.286.342.6564122 Neupré, since 21-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2025
Annual accounts 2025
- ≈ €240,000estimated
- €289,112▲ 5.9%
- Filing
- Filed on 27-03-2026, 126 days before the end of the filing period
Insights on TIRECO
TIRECO files the micro format. That format states no turnover. The gross margin rose from €77,068 in 2019 to €117,173 in 2025.
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 TIRECO
- What is the company number of TIRECO?
- The company number of TIRECO is 0721.400.282. The VAT number is the same number with BE in front: BE 0721.400.282.
- Where is TIRECO based?
- The registered office is at Heid du Moulin 28, 4122 Neupré.Company details
- What does TIRECO do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of TIRECO?
- TIRECO is a private limited company (BV).
- When was TIRECO founded?
- TIRECO was founded on 21-02-2019.
- Is TIRECO still active?
- Yes, TIRECO is an active enterprise in the KBO register.
- What is the turnover of TIRECO?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €117,173 and 36 comparable companies (NACE 711). It probably lies between €180,000 and €300,000.Financials
- Is TIRECO profitable?
- In financial year 2025, TIRECO made a profit of €93,525.
- Where can I find the annual accounts of TIRECO?
- TIRECO filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIRECO due?
- TIRECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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