TITECA ACCOUNTANCY ROESELARE
ActiveSummary
TITECA ACCOUNTANCY ROESELARE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €348k and a net result of €549k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 1004 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-23
Solvency34=
Growth85▲+27
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.01 in 2024; short-term debt: 90.5% and cash: 5.2% of total assets), and 91.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.6%
Return on assets
13.5%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
17 d early
2024
1 d early
2023
2 d early
2022
33 d early
2021
3 d early
2020
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€7.59M▲ 381%
2024 · €1.58M
2024: €1.58M
2024 → 2025
EBIT margin
9.0%▼ 16.3pp
2024 · 25.3%
2024: 25.3%
2024 → 2025
Net result
€549k▲ 43.0%
2024 · €384k
2018: €248k
2019: €105k
2020: €100k
2021: €162k
2022: €296k
2023: €464k
2024: €298k
2024: €384k
2018 → 2025
Working capital
€-92k
2024 · €16k
2018: €177k
2019: €-229k
2020: €-213k
2021: €-318k
2022: €545
2023: €-61k
2024: €-29k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420242025Trend
Turnover€1.58M€7.59M▲ 381%
Equity€97k-€111k▲ 14.3%€114k▲ 2.4%€128k▲ 12.1%€348k▲ 172%
Operating result€318k-€480k▲ 50.9%€317k▼ 34.0%€400k▲ 26.1%€684k▲ 71.2%
Net result€296k-€464k▲ 56.8%€298k▼ 35.8%€384k▲ 28.9%€549k▲ 43.0%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.06M
Fixed assets
€476k ▲ 109%
Current assets
€3.59M ▲ 195%
Equity and liabilities €4.06M
Equity
€348k ▲ 172%
Debt
€3.72M ▲ 182%
Debt's share of the balance-sheet total rises from 91.2% to 91.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€778k▲
2024 · €462k
Cash flow
€643k▲
2024 · €446k
Current ratio
0.98▼
2024 · 1.01
Debt to equity
10.68▲
2024 · 10.31
ROE
157.9%▼
2024 · 300.7%
ROA
13.5%▼
2024 · 26.6%
Interest coverage
100.52▼
2024 · 406.81
Debt ≤ 1 year
€3.68M▲
2024 · €1.20M
Debt > 1 year
€29k▼
2024 · €116k
Income taxes
€127k▲
2024 · €16k
Staff costs
€2.80M▲
2024 · €453k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 85 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.44M€4.06M▲
Fixed assets21/28€228k€476k▲
Intangible fixed assets21€143k€59k▼
Tangible fixed assets22/27€85k€414k▲
Plant, machinery and equipment23€82k€0▼
Furniture and vehicles24€3k€104k▲
Other tangible fixed assets26-€309k
Financial fixed assets28€0€4k▲
Other financial fixed assets284/8€0€4k▲
Shares284-€4k
Amounts receivable and cash guarantees285/8€0-
Current assets29/58€1.22M€3.59M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.09M€3.37M▲
Trade receivables40€958k€3.28M▲
Other amounts receivable41€135k€87k▼
Cash at bank and in hand54/58€123k€210k▲
Deferred charges and accrued income490/1€478€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.44M€4.06M▲
Equity10/15€128k€348k▲
Contributions10/11€31k€62k▲
Capital10-€62k
Issued capital100-€62k
Outside capital11€31k€0▼
Other1109/19€31k€0▼
Reserves13€55k€286k▲
Non-distributable reserves130/1-€6k
Legal reserve130-€6k
Tax-exempt reserves132€19k€19k=
Distributable reserves133€37k€261k▲
Profit (loss) carried forward14€41k€0▼
Amounts payable17/49€1.32M€3.72M▲
Amounts payable after more than one year17€116k€29k▼
Financial debts170/4€116k€29k▼
Credit institutions173€116k€29k▼
Amounts payable within one year42/48€1.20M€3.68M▲
Current portion of amounts payable after more than one year42€92k€21k▼
Financial debts43-€34k
Other loans439-€34k
Trade debts44€200k€1.32M▲
Suppliers440/4€200k€1.32M▲
Advances received on contracts in progress46€0€1.31M▲
Taxes, remuneration and social security45€243k€395k▲
Taxes450/3€127k€92k▼
Remuneration and social security454/9€116k€303k▲
Other amounts payable47/48€665k€600k▼
Accrued charges and deferred income492/3-€7k
Income statement
Code20242025
Operating income70/76A€1.60M€7.69M▲
Turnover70€1.58M€7.59M▲
Other operating income74€25k€101k▲
Non-recurring operating income76A€0€0▲
Operating charges60/66A€1.20M€7.01M▲
Goods for resale, raw materials and consumables60€345k€801k▲
Purchases600/8€345k€801k▲
Services and other goods61€300k€3.26M▲
Remuneration, social security and pensions62€453k€2.80M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€94k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€17k€5▼
Other operating charges640/8€12k€50k▲
Non-recurring operating charges66A€15k€0▼
Operating profit (loss)9901€400k€684k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Income from current assets751€2k€2k▼
Other financial income752/9€318€155▼
Financial charges65/66B€2k€10k▲
Recurring financial charges65€2k€10k▲
Debt charges650€1k€8k▲
Other financial charges652/9€894€3k▲
Profit (loss) for the period before taxes9903€400k€676k▲
Income taxes67/77€16k€127k▲
Taxes670/3€16k€128k▲
Tax adjustments and reversals of tax provisions77-€1k
Profit (loss) for the period9904€384k€549k▲
Profit (loss) for the period to be appropriated9905€384k€549k▲
Appropriation of the result
Profit (loss) to be appropriated9906€411k€659k▲
Profit (loss) brought forward from the previous period14P€28k€110k▲
Transfer to equity691/2-€247k
To the legal reserve6920-€6k
To other reserves6921-€241k
Profit to be distributed694/7€370k€412k▲
Return on contributions (dividend)694-€100k
Directors or managers695€370k€250k▼
Employees696-€62k
Social balance
Average headcount (FTE)908712.433.6▲
The notes to these accounts (66 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
29-06
State Gazette act
Incorporation · Founder
Founding capital · Corporate purpose
25-03
State Gazette act
General meeting · Net-asset statement
Dissolution · Liquidation · Kathleen Van den Eynde
19-01
State Gazette act
General meeting · Demerger
Capital decrease · Statutes amendment
19-01
State Gazette act
General meeting · Demerger
Net-asset statement · Statutes amendment
19-01
State Gazette act
General meeting · Demerger
Capital increase · Net-asset statement
19-01
State Gazette act
General meeting · Demerger
Capital increase · Share issue
2025
31-12
Financial
Highest result since 2018net €549k ▲43%
Operating result €684k, net result €549k, both a record.
31-12
Financial
Equity above €200kEq €348k ▲172%
9 profitable years in a row build equity to €348k.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Show earlier events
2023
30-06
Financial
Equity above €100kEq €111k ▲14.3%
6 profitable years in a row build equity to €111k.
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
30-06
Financial
Weakest financial yearnet €100k ▼4.7%
Net result drops to €100k, the lowest in the series; recovery starts the following year.
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Roeselare · 1 establishment unit since 2004
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.
Heirweg 1988800 RoeselareGround area
923 m²
Building footprint
180 m²
Volume, LiDAR
799 m³
Parcel 36505B0198/00H000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TITECA ACCOUNTANCY ROESELARE
since 20042.228.362.885
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505B0198/00H000 | Flanders | 923 m² | 1 · 180 m² | 6.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 27,128 EUR awarded · 27,640 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 7,407 EUR | 7,407 EUR |
| 2024 | 2 | 4,572 EUR | 4,572 EUR |
| 2023 | 2 | 9,946 EUR | 10,458 EUR |
| 2022 | 2 | 5,203 EUR | 5,203 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,918 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-03-1988
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.