Tisea
ActiveTisea has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €122k and a net result of €17k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-30
Solvency88▲+5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 2.38 in 2023), but 52.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
37 d early
2022
39 d early
2021
32 d early
2020
38 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€122k▲ 16.4%
2023 · €105k
2018: €47k
2019: €49k
2020: €52k
2021: €51k
2022: €85k
2023: €105k
2018 → 2024
Total assets
€258k▼ 2.7%
2023 · €265k
2018: €207k
2019: €137k
2020: €219k
2021: €270k
2022: €306k
2023: €265k
2018 → 2024
Net result
€17k▼ 73.5%
2023 · €65k
2018: €-21k
2019: €2k
2020: €3k
2021: €-1k
2022: €34k
2023: €65k
2018 → 2024
Working capital
€111k▼ 22.5%
2023 · €144k
2018: €43k
2019: €42k
2020: €102k
2021: €160k
2022: €181k
2023: €144k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€52k-€51k▼ 2.6%€85k▲ 66.4%€105k▲ 23.2%€122k▲ 16.4%
Operating result€8k-€3k▼ 55.3%€48k▲ 1,334%€58k▲ 19.8%€38k▼ 34.3%
Net result€3k-€-1k€34k€65k▲ 90.7%€17k▼ 73.5%
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 2024; 2024 is 34% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €258k
Fixed assets
€11k▼ 36.9%
Current assets
€247k▼ 0.3%
Equity and liabilities €258k
Equity
€122k▲ 16.4%
Debt
€136k▼ 15.1%
The debt ratio falls from 60.5% to 52.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€48k▼
2023 · €71k
Cash flow
€27k▼
2023 · €78k
Solvency
47.2%▲
2023 · 39.5%
Current ratio
1.82▼
2023 · 2.38
Quick ratio
1.82▼
2023 · 2.38
Debt / equity
1.12▼
2023 · 1.53
ROE
14.1%▼
2023 · 61.8%
ROA
6.6%▼
2023 · 24.4%
Interest coverage
8.16▼
2023 · 40.30
Debt
€136k▼
2023 · €161k
Debt ≤ 1 year
€136k▲
2023 · €104k
Income taxes
€15k▲
2023 · €-7k
Staff costs
€118k▲
2023 · €114k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€265k€258k▼
Fixed assets21/28€17k€11k▼
Tangible fixed assets22/27€15k€9k▼
Plant, machinery and equipment23€402€3k▲
Furniture and vehicles24€15k€6k▼
Financial fixed assets28€3k€3k=
Current assets29/58€248k€247k▼
Amounts receivable within one year40/41€166k€198k▲
Trade receivables40€138k€198k▲
Other amounts receivable41€28k-
Cash at bank and in hand54/58€58k€40k▼
Deferred charges and accrued income490/1€23k€9k▼
Equity and liabilities
Total equity and liabilities10/49€265k€258k▼
Equity10/15€105k€122k▲
Contributions10/11€40k€40k=
Reserves13€4k€4k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Profit (loss) carried forward14€61k€78k▲
Amounts payable17/49€161k€136k▼
Amounts payable after more than one year17€54k-
Financial debts170/4€54k-
Amounts payable within one year42/48€104k€136k▲
Current portion of amounts payable after more than one year42€7k€54k▲
Trade debts44€12k€23k▲
Suppliers440/4€12k€23k▲
Taxes, remuneration and social security45€41k€56k▲
Taxes450/3€20k€38k▲
Remuneration and social security454/9€20k€18k▼
Other amounts payable47/48€45k€3k▼
Accrued charges and deferred income492/3€2k€591▼
Income statement
Code20232024
Remuneration, social security and pensions62€114k€118k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€10k▼
Other operating charges640/8€973€1k▲
Gross operating margin9900€186k€168k▼
Operating profit (loss)9901€58k€38k▼
Financial income75/76B€1k€2▼
Recurring financial income75€1k€2▼
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€58k€32k▼
Income taxes67/77€-7k€15k▲
Profit (loss) for the period9904€65k€17k▼
Profit (loss) for the period to be appropriated9905€65k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€106k€78k▼
Profit (loss) brought forward from the previous period14P€41k€61k▲
Profit to be distributed694/7€45k-
Return on contributions (dividend)694€45k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €65k ▲90.7%
Operating result €58k, net result €65k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲23.2%
2 profitable years in a row build equity to €105k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Riemst · 1 establishment unit since 2012
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.
Waterstraat 413770 RiemstGround area
1,268 m²
Building footprint
239 m²
Volume, LiDAR
1,357 m³
Parcel 73102A0893/00P000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Waterstraat 41, 3770 Riemst
since 20122.214.899.978
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73102A0893/00P000 | Flanders | 1,268 m² | 1 · 239 m² | 9.4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 1,271 EUR awarded · 906 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 606 EUR | 606 EUR |
| 2022 | 1 | 665 EUR | 300 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,705 companies in sector 33120 we hold annual accounts for 1,334. 1,133 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2012
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
71111Activities of building architects
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:tim.smulders@tisea.eu
Phone:0497496938