TISON
ActiveSummary
TISON has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,738 and a net result of €1,466. Equity is shrinking by ~29.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-30
Solvency100=
Growth50▼-1
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 4.64 against 3.93 in 2024; short-term debt: 21.5% and cash: 17.2% of total assets), and 21.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.5%
Return on assets
13.2%
Age of the figures
18 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €8,738
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-11-2025, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
2 d early
2023
1 d early
2022
7 d early
2021
1 d late
2020
8 d late
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 1 day after 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
€69,185▼ 5.7%
2024 · €73,380
EBIT margin
2.3%▼ 5.0pp
2024 · 7.3%
Net result
€1,466▼ 68.1%
2024 · €4,596
Working capital
€8,688▲ 20.3%
2024 · €7,222
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€64,195▼ 3.6%€66,406▲ 3.4%€68,639▲ 3.4%€73,380▲ 6.9%€69,185▼ 5.7%
Operating result-€6,838-€23,124▼ 238%-€8,811▲ 61.9%€5,328€1,574▼ 70.5%
Net result-€10,488-€23,396▼ 123%-€9,303▲ 60.2%€4,596€1,466▼ 68.1%
EBIT margin-10.7%▼ 35.7pp-34.8%▼ 24.2pp-12.8%▲ 22.0pp7.3%▲ 20.1pp2.3%▼ 5.0pp
Equity€35,377▼ 22.9%€11,980▼ 66.1%€2,677▼ 77.7%€7,272▲ 172%€8,738▲ 20.2%
Total assets€36,618▼ 65.5%€12,973▼ 64.6%€6,677▼ 48.5%€9,741▲ 45.9%€11,127▲ 14.2%
Debt€1,242▼ 97.9%€993▼ 20.0%€4,000▲ 303%€2,468▼ 38.3%€2,388▼ 3.2%
Working capital€35,327▼ 58.7%€11,930▼ 66.2%€2,627▼ 78.0%€7,222▲ 175%€8,688▲ 20.3%
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 70% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11,127
Fixed assets
€50 =
Current assets
€11,077 ▲ 14.3%
Equity and liabilities €11,127
Equity
€8,738 ▲ 20.2%
Debt
€2,388 ▼ 3.2%
Debt's share of the balance-sheet total falls from 25.3% to 21.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
4.64▲
2024 · 3.93
Debt to equity
0.27▼
2024 · 0.34
ROE
16.8%▼
2024 · 63.2%
ROA
13.2%▼
2024 · 47.2%
Debt ≤ 1 year
€2,388▼
2024 · €2,468
Income taxes
€166▲
2024 · €156
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €64,195 | €66,406 | €68,639 | €73,380 | €69,185 | ▼ 5.7% |
| Goods, raw materials, services and sundry goods60/61 | - | €90,103 | €77,799 | €65,748 | €68,544 | ▲ 4.3% |
| Other operating charges640/8 | - | €933 | €1,862 | €3,863 | €819 | ▼ 78.8% |
| Gross operating margin9900 | -€6,334 | -€22,191 | -€6,949 | €9,191 | €2,394 | ▼ 74.0% |
| Operating profit (loss)9901 | -€6,838 | -€23,124 | -€8,811 | €5,328 | €1,574 | ▼ 70.5% |
| Financial income75/76B | - | - | €1 | - | €363 | - |
| Recurring financial income75 | €981 | - | €1 | - | €363 | - |
| Financial charges65/66B | - | €103 | €333 | €576 | €305 | ▼ 47.1% |
| Recurring financial charges65 | €4,284 | €103 | €333 | €576 | €305 | ▼ 47.1% |
| Profit (loss) for the period before taxes9903 | -€10,141 | -€23,227 | -€9,143 | €4,752 | €1,632 | ▼ 65.7% |
| Income taxes67/77 | €347 | €169 | €161 | €156 | €166 | ▲ 6.6% |
| Profit (loss) for the period9904 | -€10,488 | -€23,396 | -€9,303 | €4,596 | €1,466 | ▼ 68.1% |
| Profit (loss) for the period to be appropriated9905 | -€10,488 | -€23,396 | -€9,303 | €4,596 | €1,466 | ▼ 68.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36,618 | €12,973 | €6,677 | €9,741 | €11,127 | ▲ 14.2% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €50 | €50 | €50 | €50 | €50 | = |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | - | - |
| Tangible fixed assets22/27 | - | €0 | €0 | - | - | - |
| Land and buildings22 | - | €0 | - | - | - | - |
| Furniture and vehicles24 | - | - | €0 | - | - | - |
| Leasing and similar rights25 | - | - | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | €0 | - | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €36,568 | €12,923 | €6,627 | €9,691 | €11,077 | ▲ 14.3% |
| Amounts receivable within one year40/41 | €8,788 | €5,963 | €3,877 | €2,807 | €9,164 | ▲ 226% |
| Trade receivables40 | - | - | - | €1,683 | €2,000 | ▲ 18.9% |
| Other amounts receivable41 | - | €5,963 | €3,877 | €1,124 | €7,164 | ▲ 537% |
| Cash at bank and in hand54/58 | €4,291 | €6,442 | €2,199 | €6,314 | €1,913 | ▼ 69.7% |
| Deferred charges and accrued income490/1 | - | €518 | €551 | €570 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36,618 | €12,973 | €6,677 | €9,741 | €11,127 | ▲ 14.2% |
| Equity10/15 | €35,377 | €11,980 | €2,677 | €7,272 | €8,738 | ▲ 20.2% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | - | - | - | - |
| Issued capital100 | - | €18,592 | - | - | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | - | - | - | - |
| Legal reserve130 | - | €1,859 | - | - | - | - |
| Distributable reserves133 | - | - | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €14,925 | -€8,471 | -€17,775 | -€13,179 | -€11,713 | ▲ 11.1% |
| Amounts payable17/49 | €1,242 | €993 | €4,000 | €2,468 | €2,388 | ▼ 3.2% |
| Amounts payable within one year42/48 | €1,242 | €993 | €4,000 | €2,468 | €2,388 | ▼ 3.2% |
| Trade debts44 | €742 | €993 | - | €25 | €25 | = |
| Suppliers440/4 | - | €993 | - | €25 | €25 | = |
| Other amounts payable47/48 | - | - | €4,000 | €2,443 | €2,363 | ▼ 3.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,488 | -€23,396 | -€9,303 | €4,596 | €1,466 | ▼ 68.1% |
| Operating cash flow (approximation) | -€10,488 | -€23,396 | -€9,303 | €4,596 | €1,466 | ▼ 68.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2,151 | -€4,242 | €4,115 | -€4,401 | ▼ 207% |
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
2025
30-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €4,596
Net result €4,596 after 3 loss-making years.
31-03
Financial
Liquidity doublescurrent ratio 3.93
Current ratio from 1.66 to 3.93; short-term debt falls from €4,000 to €2,468.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet -€23,396
Net result drops to -€23,396, the lowest in the series; recovery starts the following year.
2021
01-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
31-03
Financial
Liquidity times 6current ratio 29.45
Current ratio from 5.17 to 29.45; short-term debt falls from €20,517 to €1,242.
2020
08-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 8 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Anderlues · 1 establishment unit since 1989
Ground area
363 m²
Building footprint
169 m²
Volume, LiDAR
2,174 m³
Parcel 56001B0554/00H000, Wallonia · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Place Albert Ier 14, 6150 Anderlues
since 19892.045.988.633
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56001B0554/00H000 | Wallonia | 363 m² | 1 · 169 m² | 15.2 m · 4 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded24-11-1989
Fiscal year end31-03
Contact
E-mail
info@assurancestison.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439057533
Also
9925:BE0439057533
Registered
30-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.