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Tisea

Active
Private limited companyfounded 2012active for 13 yearsWaterstraat 41, 3770 Riemst, BelgiumKBO/BCE: BE 0501.940.554
Summary

Tisea has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134,822 and a net result of €12,921. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 44% of 11,771 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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TiseaActiveChecked score 94/100
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Overview

Overview

Official details

Source: KBO
Status
Active since 12-12-2012 Normal situation
Activity
Activities of building architects NACE 71111and 3 others
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2025
Establishment unit
2.214.899.978 3770 Riemst, since 12-12-2012
Financial year end
31 December
Peppol
Reachable since 01-12-2025
Company details

Board and ownership

Board
Board & ownership

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€156,577
▼ 6.7%
Turnover
≈ €320,000
estimated
Profit
€12,921
▼ 24.6%
Equity
€134,822
▲ 10.6%
Total assets
€284,146
▲ 10.0%
Employees on 31-12-2025
4
▲ 100%
Filed on 24-06-2026, 37 days before the deadline
Financials
Score breakdownlowers riskLiquidity: current ratio 2.05, cash €134,220Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Size: total assets €284,146Equity €134,822 (47.4% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in architecture and engineering (NACE 71)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 72=
equity 47.4% of total assets
Liquidity 76+33
short-term debt 48.1% · cash 47.2%
Profitability 70-7
return on assets 4.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,825 companies, NACE 71, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026highest value 10-2026: < 0.1%▼ -0.2 percentage points vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.05 (1.82 in 2024), above the usual 1.5. Short-term debt is 48.1% and cash 47.2% of total assets. However, 52.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 45% of them on solvency, 65% on liquidity, 31% on profitability and 57% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.05, cash €134,220
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Size: total assets €284,146
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €134,822 (47.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
30 days early
2023
37 days early
2022
39 days early
2021
32 days early
2020
38 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 24-06-2026 at the NBB all 13 filings

Amounts without an identifiable currency are taken as euros.

Turnover
≈ €320,000
Estimated: probably between €240,000 and €420,000
Total assets
€284,146▲ 10.0%
2024 · €258,293
Net result
€12,921▼ 24.6%
2024 · €17,142
Working capital
€143,663▲ 28.9%
2024 · €111,456
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 40% lower than in 2024. It is the second fall in a row.

Operating result€22,796 2025 Net result€12,921 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€21,438-€6,712€7,550▲ 12.5%€3,378▼ 55.3%€48,452▲ 14×€58,060▲ 19.8%€38,119▼ 34.3%€22,796▼ 40.2%
Net result-€20,801-€2,186€3,311within the sector's middle half▲ 51.4%-€1,348below the sector's middle half€33,933within the sector's middle half€64,706above the sector's middle half▲ 90.7%€17,142within the sector's middle half▼ 73.5%€12,921within the sector's middle half▼ 24.6%
Equity€46,971-€49,157▲ 4.7%€52,468within the sector's middle half▲ 6.7%€51,120within the sector's middle half▼ 2.6%€85,053within the sector's middle half▲ 66.4%€104,759within the sector's middle half▲ 23.2%€121,901within the sector's middle half▲ 16.4%€134,822within the sector's middle half▲ 10.6%
Total assets€206,517-€137,075▼ 33.6%€219,238within the sector's middle half▲ 59.9%€269,778within the sector's middle half▲ 23.1%€305,881within the sector's middle half▲ 13.4%€265,433within the sector's middle half▼ 13.2%€258,293within the sector's middle half▼ 2.7%€284,146within the sector's middle half▲ 10.0%
Debt€159,547-€87,918▼ 44.9%€166,771▲ 89.7%€218,658▲ 31.1%€220,828▲ 1.0%€160,673▼ 27.2%€136,392▼ 15.1%€149,324▲ 9.5%
Working capital€43,249-€42,105▼ 2.6%€102,139within the sector's middle half▲ 143%€160,487above the sector's middle half▲ 57.1%€180,569above the sector's middle half▲ 12.5%€143,735above the sector's middle half▼ 20.4%€111,456within the sector's middle half▼ 22.5%€143,663above the sector's middle half▲ 28.9%
Solvency22.7%-35.9%▲ 13.1pp23.9%within the sector's middle half▼ 11.9pp18.9%below the sector's middle half▼ 5.0pp27.8%within the sector's middle half▲ 8.9pp39.5%within the sector's middle half▲ 11.7pp47.2%within the sector's middle half▲ 7.7pp47.4%within the sector's middle half▲ 0.3pp
Current ratio1.35-1.65▲ 0.302.05within the sector's middle half▲ 0.412.82within the sector's middle half▲ 0.772.66within the sector's middle half▼ 0.162.38within the sector's middle half▼ 0.291.82within the sector's middle half▼ 0.562.05within the sector's middle half▲ 0.23
Return on assets (ROA)-10.1%-1.6%▲ 11.7pp1.5%within the sector's middle half▼ 0.1pp-0.5%below the sector's middle half▼ 2.0pp11.1%within the sector's middle half▲ 11.6pp24.4%within the sector's middle half▲ 13.3pp6.6%within the sector's middle half▼ 17.7pp4.5%within the sector's middle half▼ 2.1pp
Staff (FTE)0.4-1.1▲ 175%1.3within the sector's middle half▲ 18.2%1.9▲ 46.2%2.4▲ 26.3%2.3▼ 4.2%1.7▼ 26.1%1.9▲ 11.8%
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €284,146
Fixed assets €3,879 ▼ 64.9%
Current assets €280,267 ▲ 13.4%
Equity and liabilities €284,146
Equity €134,822 ▲ 10.6%
Debt €149,324 ▲ 9.5%
Debt's share of the balance-sheet total falls from 52.8% to 52.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28,954▼
2024 · €48,378
Cash flow
€19,079▼
2024 · €27,401
Debt to equity
1.11▼
2024 · 1.12
ROE
9.6%▼
2024 · 14.1%
Interest coverage
5.41▼
2024 · 8.16
Debt ≤ 1 year
€136,604▲
2024 · €135,800
Income taxes
€4,709▼
2024 · €15,049
Staff costs
€126,301▲
2024 · €118,045
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date32324
full-time21211
part-time11113
in full-time equivalents2.31.52.51.52.7
Average over the year, in full-time equivalents1.92.42.31.71.9
On a permanent contract22322
Joined---02
Left---12

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20212022202320242025
Pledge on the business€50,000€50,000€50,000€50,000€50,000

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€9,714€6,789€14,000€3,815-
Depreciation and write-downs of the year€8,360€11,275€13,341€10,259€6,158

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2024 · 2 entries · €1,271 awarded · €906 paid
Year Entries AwardedPaid
2024 1 €606€606
2022 1 €665€300
Schemes
2 entries · €1,271 · €906 paid · Fonds voor Innoveren en Ondernemen

Comparable companies

These companies have the same main activity as Tisea: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €264,000 and €315,000, founded between 2011 and 2012.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Tisea Riemst2012€284,146€134,822€156,577€12,9212025
GROSEMANS & HEYLEN Architecten Sint-Truiden2011€315,255€56,576€156,685€124,8372025
Jacquemyn Architecten Scherpenheuvel-Zichem2012€279,285€145,006€159,014€55,4272025
CEMAGO Architecte Lessines2012€263,660€105,423€153,800€117,3082025
Steurbaut Architecten Oudenaarde2012€290,749€185,373€141,501€66,1202025
MAKER architecten Gent2012€302,797€182,065€160,408€101,2172025
LKVC Antwerpen2011€285,953€256,640€148,285€93,0462025

They were chosen from the 6,488 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 10,904 companies had the same profile as Tisea has now. Two years later, 0.7% had gone bankrupt and 95.2% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.2% was still going

That fits the bankruptcy probability of Tisea itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 10,904 companies, not a prediction for Tisea. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€258,293€284,146▲
Fixed assets21/28€11,037€3,879▼
Tangible fixed assets22/27€8,537€2,379▼
Plant, machinery and equipment23€2,909€1,637▼
Furniture and vehicles24€5,628€742▼
Financial fixed assets28€2,500€1,500▼
Current assets29/58€247,256€280,267▲
Amounts receivable within one year40/41€197,703€140,754▼
Trade receivables40€197,703€140,754▼
Cash at bank and in hand54/58€40,377€134,220▲
Deferred charges and accrued income490/1€9,177€5,293▼
Equity and liabilities
Total equity and liabilities10/49€258,293€284,146▲
Equity10/15€121,901€134,822▲
Contributions10/11€40,000€40,000=
Reserves13€4,000€4,000=
Non-distributable reserves130/1€4,000€4,000=
Reserves not available under the articles1311€4,000€4,000=
Profit (loss) carried forward14€77,901€90,822▲
Amounts payable17/49€136,392€149,324▲
Amounts payable within one year42/48€135,800€136,604▲
Current portion of amounts payable after more than one year42€54,236€50,000▼
Trade debts44€22,605€22,852▲
Suppliers440/4€22,605€22,852▲
Taxes, remuneration and social security45€56,371€61,163▲
Taxes450/3€38,061€44,448▲
Remuneration and social security454/9€18,310€16,715▼
Other amounts payable47/48€2,588€2,588=
Accrued charges and deferred income492/3€591€12,720▲
Income statement Code20242025
Remuneration, social security and pensions62€118,045€126,301▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,259€6,158▼
Other operating charges640/8€1,452€1,322▼
Gross operating margin9900€167,875€156,577▼
Operating profit (loss)9901€38,119€22,796▼
Financial income75/76B€2€185▲
Recurring financial income75€2€185▲
Financial charges65/66B€5,930€5,350▼
Recurring financial charges65€5,930€5,350▼
Profit (loss) for the period before taxes9903€32,191€17,630▼
Income taxes67/77€15,049€4,709▼
Profit (loss) for the period9904€17,142€12,921▼
Profit (loss) for the period to be appropriated9905€17,142€12,921▼
Appropriation of the result
Profit (loss) to be appropriated9906€77,901€90,822▲
Profit (loss) brought forward from the previous period14P€60,759€77,901▲

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€108,920€165,592€113,683€118,045€126,301▲ 7.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,121€12,079€9,770€8,360€11,275€13,341€10,259€6,158▼ 40.0%
Other operating charges640/8---€773€840€973€1,452€1,322▼ 9.0%
Gross operating margin9900€11,976€72,324€67,396€121,432€226,160€186,057€167,875€156,577▼ 6.7%
Operating profit (loss)9901-€21,438€6,712€7,550€3,378€48,452€58,060€38,119€22,796▼ 40.2%
Financial income75/76B---€1,420€1,774€1,404€2€185▲ 99×
Recurring financial income75€792€1,416€1,868€1,420€1,774€1,404€2€185▲ 99×
Financial charges65/66B---€2,688€2,553€1,772€5,930€5,350▼ 9.8%
Recurring financial charges65€1,715€3,154€2,401€2,688€2,553€1,772€5,930€5,350▼ 9.8%
Profit (loss) for the period before taxes9903-€22,361€4,974€7,018€2,110€47,673€57,693€32,191€17,630▼ 45.2%
Income taxes67/77-€1,560€2,787€3,707€3,458€13,740-€7,013€15,049€4,709▼ 68.7%
Profit (loss) for the period9904-€20,801€2,186€3,311-€1,348€33,933€64,706€17,142€12,921▼ 24.6%
Profit (loss) for the period to be appropriated9905-€20,801€2,186€3,311-€1,348€33,933€64,706€17,142€12,921▼ 24.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€206,517€137,075€219,238€269,778€305,881€265,433€258,293€284,146▲ 10.0%
Formation expenses20--€0------
Fixed assets21/28€38,588€29,724€19,954€21,308€16,822€17,481€11,037€3,879▼ 64.9%
Intangible fixed assets21--€0------
Tangible fixed assets22/27€36,088€27,224€17,454€18,808€14,322€14,981€8,537€2,379▼ 72.1%
Plant, machinery and equipment23---€10,014€4,317€402€2,909€1,637▼ 43.7%
Furniture and vehicles24---€8,794€10,005€14,579€5,628€742▼ 86.8%
Financial fixed assets28€2,500€2,500€2,500€2,500€2,500€2,500€2,500€1,500▼ 40.0%
Current assets29/58€167,929€107,351€199,284€248,471€289,060€247,952€247,256€280,267▲ 13.4%
Stocks and contracts in progress3--€0------
Amounts receivable within one year40/41€95,437€79,549€162,540€194,797€235,782€166,475€197,703€140,754▼ 28.8%
Trade receivables40---€128,461€209,179€138,427€197,703€140,754▼ 28.8%
Other amounts receivable41---€66,337€26,603€28,048---
Current investments50/53--€0------
Cash at bank and in hand54/58€47,939€23,948€33,518€50,178€38,609€58,312€40,377€134,220▲ 232%
Deferred charges and accrued income490/1---€3,495€14,668€23,165€9,177€5,293▼ 42.3%
Equity and liabilities
Total equity and liabilities10/49€206,517€137,075€219,238€269,778€305,881€265,433€258,293€284,146▲ 10.0%
Equity10/15€46,971€49,157€52,468€51,120€85,053€104,759€121,901€134,822▲ 10.6%
Contributions10/11€40,000€40,000-€40,000€40,000€40,000€40,000€40,000=
Reserves13€4,000€4,000€4,000€4,000€4,000€4,000€4,000€4,000=
Non-distributable reserves130/1---€4,000€4,000€4,000€4,000€4,000=
Reserves not available under the articles1311---€4,000€4,000€4,000€4,000€4,000=
Profit (loss) carried forward14€2,971€5,157€8,468€7,120€41,053€60,759€77,901€90,822▲ 16.6%
Amounts payable17/49€159,547€87,918€166,771€218,658€220,828€160,673€136,392€149,324▲ 9.5%
Amounts payable after more than one year17€34,706€22,671€69,625€57,299€50,000€54,236---
Financial debts170/4---€57,299€50,000€54,236---
Amounts payable within one year42/48€124,681€65,246€97,145€87,983€108,491€104,217€135,800€136,604▲ 0.6%
Current portion of amounts payable after more than one year42---€37,326€7,299€6,967€54,236€50,000▼ 7.8%
Trade debts44€75,290€14,648€20,617€6,975€19,054€11,517€22,605€22,852▲ 1.1%
Suppliers440/4---€6,975€19,054€11,517€22,605€22,852▲ 1.1%
Taxes, remuneration and social security45---€43,682€82,138€40,733€56,371€61,163▲ 8.5%
Taxes450/3---€25,833€53,158€20,475€38,061€44,448▲ 16.8%
Remuneration and social security454/9---€17,849€28,980€20,257€18,310€16,715▼ 8.7%
Other amounts payable47/48-----€45,000€2,588€2,588=
Accrued charges and deferred income492/3---€73,376€62,337€2,220€591€12,720▲ 22×
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€20,801€2,186€3,311-€1,348€33,933€64,706€17,142€12,921▼ 24.6%
+ Depreciation and write-downs630€8,121€12,079€9,770€8,360€11,275€13,341€10,259€6,158▼ 40.0%
Operating cash flow (approximation)-€12,679€14,266€13,081€7,012€45,208€78,047€27,401€19,079▼ 30.4%
Investment in fixed assets (approximation)--€3,215€0-€9,714-€6,789-€14,000-€3,815€1,000-
Change in cash--€23,990€9,570€16,660-€11,569€19,703-€17,936€93,843-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 24-06-2026 2026-00193556 NBB
31-12-2024 micro format 01-07-2025 2025-00208781 PDF
31-12-2023 micro format 24-06-2024 2024-00155961 PDF
31-12-2022 micro format 22-06-2023 2023-00148024 PDF
31-12-2021 micro format 29-06-2022 2022-20107013 PDF
31-12-2020 micro format 23-06-2021 2021-23300204 PDF
31-12-2019 micro format 22-06-2020 2020-19000291 PDF
31-12-2018 micro format 27-06-2019 2019-23000477 PDF
31-12-2017 micro format 28-06-2018 2018-23700069 PDF
31-12-2016 micro format 03-07-2017 2017-24700195 PDF

Show all 13 filings

Board & ownership

Directors

Directors
1 director, last change in 2023
SMULDERS Tim
Director (not named in the articles) · since 12-12-2012 · earlier niet statutaire zaakvoerder, until 07-12-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 24-06-2026
Current
Office holders in the KBO →

Owners and capital

Capital transactions

Capital over time
  1. 07-12-2023 Converted to unavailable equity

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
SMULDERS Tim
  • Niet statutaire zaakvoerder, until 07-12-2023
  • Director (not named in the articles), appointed in the act of 07-12-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 1”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Prijs vermeld in oorspronkelijke bekendmaking of bij betwisting door deskundige bepaald, procedure-en expertisekosten voor helft ten laste…”

Articles of association, deed of 07-12-2023 (in Dutch)

Network & group

Tisea shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Tisea. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
24-06
NBB filing Annual accounts 2025 filedNBB
micro format · 37 days before the deadline
2025
01-07
NBB filing Annual accounts 2024 filedPDF
micro format · 30 days before the deadline
2024
24-06
NBB filing Annual accounts 2023 filedPDF
micro format · 37 days before the deadline
2023
31-12
Financial Highest result from 2018 to 2025net €64,706 ▲90.7%
The operating result of €58,060 and the net result of €64,706 are both a record.
31-12
Financial Equity above €100,000equity €104,759 ▲23.2%
After 2 profitable years in a row, equity reaches €104,759.
07-12
Gazette deed Change of role: SMULDERS Tim, from niet statutaire zaakvoerder to director
Capital conversion · Purpose change · Amendment of the articles11 points ▸
  • General meeting, 20-11-2023
  • Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, rechtsvorm van de besloten vennootschap,afgekort BV” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Other provision, “ontslag voorlezing verslag wijziging voorwerp en ontvangst verslag, Derde besluit-Wijziging van het voorwerp-Ontslag voorlezing verslag” (deed in Dutch)
  • Purpose change
  • Amendment of the articles
  • Director resignation, SMULDERS Tim (niet statutaire zaakvoerder)
  • Director appointment, SMULDERS Tim (director (not named in the articles))
  • Director discharge, SMULDERS Tim
  • Registered office clause, “3770 Riemst,Waterstraat 41a” (deed in Dutch)
  • Power of attorney

Open the act in the Belgian Official Gazette

22-06
NBB filing Annual accounts 2022 filedPDF
micro format · 39 days before the deadline
2022
31-12
Financial Back to profitnet €33,933
The net result is €33,933, after one loss-making year.
29-06
NBB filing Annual accounts 2021 filedPDF
micro format · 32 days before the deadline
2021
23-06
NBB filing Annual accounts 2020 filedPDF
micro format · 38 days before the deadline
2020
22-06
NBB filing Annual accounts 2019 filedPDF
micro format · 39 days before the deadline
2019
31-12
Financial Back to profitnet €2,186
The net result is €2,186, after one loss-making year.
Show earlier events
27-06
NBB filing Annual accounts 2018 filedPDF
micro format · 34 days before the deadline
2018
28-06
NBB filing Annual accounts 2017 filedPDF
micro format · 33 days before the deadline
2017
03-07
NBB filing Annual accounts 2016 filedPDF
micro format · 28 days before the deadline
2012
14-12
Gazette deed IncorporationPDF

Show all 13 filings

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Tisea was incorporated on 12 December 2012.1 Total assets rose from €206,517 in 2018 to €284,146 in 2025 and headcount from 0.4 to 1.9 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name Tisea in Dutch
Enterprise number 0501.940.554
Legal form Private limited company
Status Active, normale toestand
Founded 12-12-2012
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-12-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…”
deed of 07-12-2023 (in Dutch)

Registered office and establishments

Registered office Waterstraat 41, 3770 Riemst, Belgium
Establishment unit Waterstraat 41, 3770 Riemst since 12-12-2012 · unit number 2.214.899.97833120 Repair and maintenance of machinery
E-mail tim.smulders@tisea.euRiemst
Phone 0497496938Riemst

Activities

NACEBEL 2025
VAT activities
71111 Activities of building architects main activity
70200 Business and other management consultancy
71121 Engineering and related technical consultancy, excluding land surveyors
Social security (RSZ) activities
33120 Repair and maintenance of machinery main activity
Codes under NACEBEL 2008
VAT activities
71111 Architectural and engineering activities; technical testing and analysis main activity
70220 Business consulting
71121 Engineering activities
Social security (RSZ) activities
33120 Repair, maintenance and installation of machinery and equipment main activity
Joint committees 111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Industriële automatisering, zijnde de installatie van industriële automatiseringssystemen met inbegrip van bijhorende programmering van…”
28 activities
  1. Industriële automatisering, zijnde de installatie van industriële automatiseringssystemen met inbegrip van bijhorende programmering van software en de automatisering van productieprocessen in de meest ruime zin.
  2. Het samenstellen en monteren van industriële elektrische stuur-en krachtborden.
  3. Elektrische engineering en het bepalen, berekenen en uittekenen van elektrische installaties en machinesturingen in de meest ruime zin.
  4. Safety engineering, standaardisatie, machine-proces optimalisatie, beveiligen van machines en installaties, gaande van de analyses tot en met de uitvoering in de meest ruime zin.
  5. Het ontwikkelen, commercialiseren, programmeren en installeren van specifieke industriële toepassingssoftware.
  6. Het ontwikkelen van visualisaties en diverse toepassingen met betrekking tot industriële software.
  7. Robotica, het (laten) ontwerpen en vervaardigen van machines en materiaal voor de industrie in het algemeen.
  8. Het leveren van alle mogelijke uitvoerende technische assistentie, onderhoud, reparatie, analyse, advies en ondersteuning met betrekking tot het voorgaande.
  9. Het uitvoeren van elektriciteitswerken en montage-opdrachten voor eigen rekening of voor rekening van derden.
  10. De aan-en verkoop, in-en uitvoer, groot-en kleinhandel, verhuring onder welke vorm ook, het tot stand brengen, installeren en aanpassen voor eigen rekening of voor rekening van derden van alle industriële en stuurtechnische apparaten, computer hard-en software, digitale en analoge apparatuur, automatiseringsapparatuur, toebehoren en onderdelen, in de meest ruime zin van het woord, met inbegrip van alle mogelijke aanverwante artikelen en zaken.
  11. Het organiseren van cursussen, opleidingsseminaries en uiteenzettingen over het gebruik en de toepassing van de producten voornoemd.
  12. De verkoop van alle documentatiewerken, handboeken en andere pedagogische toestellen en voorwerpen.
  13. De ontwikkeling en hosting van websites.
  14. Het aanbieden en installeren van internetaansluitingen en-beveiliging.
  15. De exploitatie van een studiebureau belast met advisering, het begeleiden, het uitvoeren en bestuderen van automatiseringsprojecten of gedeelten daarvan systeembouw, systeemanalyse en programmering, speciale software, telecommunicatie en information technologie.
  16. Het leveren van alle diensten die op hoger gemelde goederen en activiteiten betrekking hebben.
  17. Overige activiteiten en diensten in de informaticasector en op het gebied van informatietechnologie.
  18. De uitoefening van engineering-en technische diensten en adviesverlening hieromtrent. Het beroep bevat onder meer studie en deskundige opdrachten inzake industriële constructies, gebouwen, infrastructuur, technische uitrusting van bouwwerken, structuren, machines, etc.
  19. De uitoefening van de bedrijvigheid van ingenieur en de activiteiten die met die bedrijvigheid verenigbaar zijn, met inachtname van de plichtenleer van het beroep. Het omvat: Het verstrekken van advies en het begeleiden van bouwkundige realisaties vanaf de conceptfase tot en met de ingebruikname, meer bepaald aangaande de financiële opvolging, de coördinatie in ruimte en tijd, de administratieve begeleiding en het algemeen beheer van bouwkundige processen.
  20. Het verstrekken van advies bij de waardebepaling van onroerende goederen, alsook het voeren van bouwtechnische expertises.
  21. Het maken van stabiliteitsstudies.
  22. Het optreden en handelen als dienstverlener, als interim-manager en/of als tussenpersoon bij alle vormen van adviesverlening, managementdiensten en hulp aan het bedrijfsleven en de overheid op het gebied van marketing, e-business strategy, planning, organisatie, efficiëntie en toezicht, informatica, human resources, administratie en financiën, publiciteit en reclame, financiële en juridische planning en/of het verschaffen van informatie aan bedrijfsleiding en dit in de meest ruime zin.
  23. Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard, alsook het in de ruimste zin van het woord verlenen van bijstand en diensten, rechtstreeks of onrechtstreeks, op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur.
  24. Het verlenen van diensten op het vlak van netwerkvorming en-gebruik, externe vertegenwoordiging en representatie.
  25. De vorming en het beheer in de ruimste zin van het woord van een patrimonium van roerende en onroerende goederen, daaronder begrepen, het vestigen van zakelijke rechten, onroerende leasing, de huur, verhuring, onderhuur, de uitbating, de herstelling, de verbetering, het onderhoud, de verbouwing, de aankoop, de oprichting en iedere verwerving en verkoop van onroerende goederen.
  26. Handel in onroerende goederen, dit in de ruimste zin van het woord, met inbegrip van onroerende leasing, met uitzondering van de activiteiten welke voorbehouden zijn voor erkende vastgoedmakelaars.
  27. Het optreden als tussenpersoon bij onderhandelingen inzake gehele of gedeeltelijke overname van aandelen; alsook, in de ruimste zin van het woord, het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening, waarborg, plaatsing, verhandeling of anderszins, alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille of kapitaalsbestuur.
  28. Zowel voor eigen rekening, voor rekening van derden, of in deelneming met derden, bij te dragen tot de vestiging en de ontwikkeling van ondernemingen.
deed of 07-12-2023 (in Dutch)

Invoicing and payment

VAT number BE 0501.940.554
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0501940554
Other Peppol ID 9925:BE0501940554
Registered 01-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of June at 18:00
deed of 07-12-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1,268 m²
Building footprint
239 m²
Building volume
1,357 m³
Cadastral parcel Region Area Buildings Height / floors
73102A0893/00P000
ProtectedMonumentOndergrondse mergelgroeve Grote BergSource ↗
 Flanders 1,268 m² 1 · 239 m² 9.4 m · 2

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.

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