TIVABE
ActiveSummary
TIVABE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,932 and a net result of €10,538. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 3203 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-2
Solvency55▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.35 in 2024; short-term debt: 70.3% and cash: 82.3% of total assets), and 70.3% of the assets are financed with debt.
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Signals
Three 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
22 d late
2023
8 d late
2022
14 d late
2021
19 d late
2020
2 d late
2019
6 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed 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 14 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€61,932▲ 20.5%
2024 · €51,394
Total assets
€208,453▲ 4.8%
2024 · €198,899
Net result
€10,538▼ 8.3%
2024 · €11,495
Working capital
€61,932▲ 20.5%
2024 · €51,394
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€15,970▲ 448%€10,211▼ 36.1%-€931€17,289€15,960▼ 7.7%
Net result€15,359within the sector's middle half▲ 157%€7,380within the sector's middle half▼ 51.9%€408within the sector's middle half▼ 94.5%€11,495within the sector's middle half▲ 2,717%€10,538within the sector's middle half▼ 8.3%
Equity€32,111within the sector's middle half▲ 91.7%€39,491within the sector's middle half▲ 23.0%€39,899within the sector's middle half▲ 1.0%€51,394within the sector's middle half▲ 28.8%€61,932within the sector's middle half▲ 20.5%
Total assets€320,925within the sector's middle half▲ 0.7%€187,921within the sector's middle half▼ 41.4%€238,660within the sector's middle half▲ 27.0%€198,899within the sector's middle half▼ 16.7%€208,453within the sector's middle half▲ 4.8%
Debt€288,814▼ 4.3%€143,930▼ 50.2%€198,761▲ 38.1%€147,505▼ 25.8%€146,521▼ 0.7%
Working capital€32,111within the sector's middle half▲ 103%€43,991within the sector's middle half▲ 37.0%€39,899within the sector's middle half▼ 9.3%€51,394within the sector's middle half▲ 28.8%€61,932within the sector's middle half▲ 20.5%
Solvency10.0%within the sector's middle half▲ 4.7pp21.0%within the sector's middle half▲ 11.0pp16.7%within the sector's middle half▼ 4.3pp25.8%within the sector's middle half▲ 9.1pp29.7%within the sector's middle half▲ 3.9pp
Current ratio1.11within the sector's middle half▲ 0.061.31within the sector's middle half▲ 0.191.20within the sector's middle half▼ 0.101.35within the sector's middle half▲ 0.151.42within the sector's middle half▲ 0.07
Return on assets (ROA)4.8%within the sector's middle half▲ 2.9pp3.9%within the sector's middle half▼ 0.9pp0.2%within the sector's middle half▼ 3.8pp5.8%within the sector's middle half▲ 5.6pp5.1%within the sector's middle half▼ 0.7pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
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 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €208,453
Equity
€61,932 ▲ 20.5%
Debt
€146,521 ▼ 0.7%
Debt's share of the balance-sheet total falls from 74.2% to 70.3%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
2.37▼
2024 · 2.87
ROE
17.0%▼
2024 · 22.4%
Debt ≤ 1 year
€146,521▼
2024 · €147,505
Income taxes
€5,396▼
2024 · €5,752
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,818 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €916 | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €4,500 | -€4,500 | - | - | - |
| Other operating charges640/8 | - | €1,119 | €1,712 | €746 | €1,455 | ▲ 95.0% |
| Gross operating margin9900 | €17,451 | €15,830 | -€3,719 | €18,035 | €17,415 | ▼ 3.4% |
| Operating profit (loss)9901 | €15,970 | €10,211 | -€931 | €17,289 | €15,960 | ▼ 7.7% |
| Financial income75/76B | - | - | €1,492 | - | €16 | - |
| Recurring financial income75 | €2,100 | - | €1,492 | - | €16 | - |
| Financial charges65/66B | - | €36 | €42 | €42 | €42 | = |
| Recurring financial charges65 | €36 | €36 | €42 | €42 | €42 | = |
| Profit (loss) for the period before taxes9903 | €18,034 | €10,175 | €519 | €17,247 | €15,934 | ▼ 7.6% |
| Income taxes67/77 | €2,675 | €2,795 | €111 | €5,752 | €5,396 | ▼ 6.2% |
| Profit (loss) for the period9904 | €15,359 | €7,380 | €408 | €11,495 | €10,538 | ▼ 8.3% |
| Profit (loss) for the period to be appropriated9905 | €15,359 | €7,380 | €408 | €11,495 | €10,538 | ▼ 8.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €320,925 | €187,921 | €238,660 | €198,899 | €208,453 | ▲ 4.8% |
| Current assets29/58 | €320,925 | €187,921 | €238,660 | €198,899 | €208,453 | ▲ 4.8% |
| Stocks and contracts in progress3 | - | - | €43,903 | - | - | - |
| Stocks30/36 | - | - | €43,903 | - | - | - |
| Amounts receivable within one year40/41 | €16,434 | €18,294 | €171,779 | €18,023 | €35,936 | ▲ 99.4% |
| Trade receivables40 | - | €18,058 | €167,975 | €17,407 | €34,486 | ▲ 98.1% |
| Other amounts receivable41 | - | €236 | €3,804 | €616 | €1,450 | ▲ 135% |
| Cash at bank and in hand54/58 | €303,782 | €168,873 | €22,138 | €179,997 | €171,593 | ▼ 4.7% |
| Deferred charges and accrued income490/1 | - | €754 | €840 | €879 | €924 | ▲ 5.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €320,925 | €187,921 | €238,660 | €198,899 | €208,453 | ▲ 4.8% |
| Equity10/15 | €32,111 | €39,491 | €39,899 | €51,394 | €61,932 | ▲ 20.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | - | - | - | - |
| Issued capital100 | - | €18,592 | - | - | - | - |
| Reserves13 | - | €7,350 | €7,350 | €18,840 | €29,378 | ▲ 55.9% |
| Distributable reserves133 | - | €7,350 | €7,350 | €18,840 | €29,378 | ▲ 55.9% |
| Profit (loss) carried forward14 | €13,519 | €13,549 | €13,957 | €13,962 | €13,962 | = |
| Provisions and deferred taxes16 | - | €4,500 | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | €4,500 | - | - | - | - |
| Other liabilities and charges164/5 | - | €4,500 | - | - | - | - |
| Amounts payable17/49 | €288,814 | €143,930 | €198,761 | €147,505 | €146,521 | ▼ 0.7% |
| Amounts payable within one year42/48 | €288,814 | €143,930 | €198,761 | €147,505 | €146,521 | ▼ 0.7% |
| Trade debts44 | €283,686 | €142,523 | €198,073 | €141,753 | €140,548 | ▼ 0.9% |
| Suppliers440/4 | - | €142,523 | €198,073 | €141,753 | €140,548 | ▼ 0.9% |
| Taxes, remuneration and social security45 | - | €830 | €111 | €5,752 | €5,396 | ▼ 6.2% |
| Taxes450/3 | - | €830 | €111 | €5,752 | €5,396 | ▼ 6.2% |
| Other amounts payable47/48 | - | €577 | €577 | - | €577 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,359 | €7,380 | €408 | €11,495 | €10,538 | ▼ 8.3% |
| + Depreciation and write-downs630 | €916 | - | - | - | - | - |
| Operating cash flow (approximation) | €16,275 | €7,380 | €408 | €11,495 | €10,538 | ▼ 8.3% |
| Change in cash | - | -€134,909 | -€146,735 | €157,859 | -€8,404 | ▼ 105% |
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
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
31-03
Financial
Highest result since 2019net €15,359 ▲157%
Net result €15,359, the highest in the series.
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
31-03
Financial
Back to profitnet €5,986
Net result €5,986 after one loss-making year.
2019
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2017
08-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2016
15-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 1998
Ground area
9,839 m²
Building footprint
312 m²
Volume, LiDAR
1,170 m³
Parcel 37302E1193/00M000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Deinsesteenweg 64, 8700 Tielt
since 19982.087.618.558
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302E1193/00M000 | Flanders | 9,839 m² | 1 · 312 m² | 6.4 m · 1 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.
Subsidies and aid
Flemish government
2025 · 1 entry · 1,482 EUR awarded · 1,482 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,482 EUR | 1,482 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteTielt2.087.618.558
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Of 587 companies in this sector we hold annual accounts for 213. 135 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded02-07-1998
Fiscal year end31-03
Activities, NACEBEL 2025
01462Crop and animal production, hunting and related service activities
01471Crop and animal production, hunting and related service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463692464
Also
9925:BE0463692464
Registered
23-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.