Summary
Tivala is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €67,544 and a net result of €24,842. Equity is growing by ~32.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 8091 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 01-04-2026, 121 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
121 d early
2024
148 d early
2023
58 d early
2022
76 d early
2021
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 87 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 16 May (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€67,544▲ 21.3%
2024 · €55,702
Net result
€24,842▲ 75.7%
2024 · €14,139
Total assets
€146,840▲ 70.5%
2024 · €86,142
Solvency
46.0%▼ 18.7pp
2024 · 64.7%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,900-€41,969▲ 324%€12,572▼ 70.0%€23,927▲ 90.3%€41,124▲ 71.9%
Net result€5,046within the sector's middle half-€29,363within the sector's middle half▲ 482%€7,152within the sector's middle half▼ 75.6%€14,139within the sector's middle half▲ 97.7%€24,842within the sector's middle half▲ 75.7%
Equity€5,047below the sector's middle half-€34,411below the sector's middle half▲ 582%€41,563within the sector's middle half▲ 20.8%€55,702within the sector's middle half▲ 34.0%€67,544within the sector's middle half▲ 21.3%
Total assets€89,197below the sector's middle half-€98,685below the sector's middle half▲ 10.6%€89,769below the sector's middle half▼ 9.0%€86,142below the sector's middle half▼ 4.0%€146,840within the sector's middle half▲ 70.5%
Debt€84,150-€64,274▼ 23.6%€48,206▼ 25.0%€30,440▼ 36.9%€79,296▲ 160%
Working capital€7,845within the sector's middle half-€26,212within the sector's middle half▲ 234%€28,201within the sector's middle half▲ 7.6%€50,508within the sector's middle half▲ 79.1%€73,461within the sector's middle half▲ 45.4%
Solvency5.7%below the sector's middle half-34.9%within the sector's middle half▲ 29.2pp46.3%within the sector's middle half▲ 11.4pp64.7%within the sector's middle half▲ 18.4pp46.0%within the sector's middle half▼ 18.7pp
Current ratio1.21within the sector's middle half-1.70within the sector's middle half▲ 0.491.71within the sector's middle half▲ 0.012.92within the sector's middle half▲ 1.212.18within the sector's middle half▼ 0.74
Return on assets (ROA)5.7%within the sector's middle half-29.8%above the sector's middle half▲ 24.1pp8.0%within the sector's middle half▼ 21.8pp16.4%within the sector's middle half▲ 8.4pp16.9%within the sector's middle half▲ 0.5pp
Staff (FTE)0.8
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 72% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146,840
Fixed assets
€10,989 ▲ 17.8%
Current assets
€135,851 ▲ 76.9%
Equity and liabilities €146,840
Equity
€67,544 ▲ 21.3%
Debt
€79,296 ▲ 160%
Debt's share of the balance-sheet total rises from 35.3% to 54.0%. Equity and debt are higher.
Key figures and ratios
ROE
36.8%▲
2024 · 25.4%
Debt ≤ 1 year
€62,390▲
2024 · €26,306
Debt > 1 year
€16,906▲
2024 · €4,134
Income taxes
€14,171▲
2024 · €8,781
Staff costs
€49,764
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €49,764 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,333 | €16,270 | €18,100 | €15,511 | €4,089 | ▼ 73.6% |
| Other operating charges640/8 | €2,206 | €2,675 | €3,322 | €2,252 | €3,990 | ▲ 77.2% |
| Gross operating margin9900 | €30,439 | €60,913 | €33,993 | €41,690 | €98,967 | ▲ 137% |
| Operating profit (loss)9901 | €9,900 | €41,969 | €12,572 | €23,927 | €41,124 | ▲ 71.9% |
| Financial income75/76B | €129 | €3 | €627 | €960 | €648 | ▼ 32.5% |
| Recurring financial income75 | €129 | €3 | €627 | €960 | €648 | ▼ 32.5% |
| Financial charges65/66B | €1,189 | €1,234 | €844 | €1,968 | €2,760 | ▲ 40.3% |
| Recurring financial charges65 | €1,189 | €1,234 | €844 | €1,968 | €2,760 | ▲ 40.3% |
| Profit (loss) for the period before taxes9903 | €8,841 | €40,738 | €12,355 | €22,920 | €39,013 | ▲ 70.2% |
| Income taxes67/77 | €3,794 | €11,375 | €5,203 | €8,781 | €14,171 | ▲ 61.4% |
| Profit (loss) for the period9904 | €5,046 | €29,363 | €7,152 | €14,139 | €24,842 | ▲ 75.7% |
| Profit (loss) for the period to be appropriated9905 | €5,046 | €29,363 | €7,152 | €14,139 | €24,842 | ▲ 75.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89,197 | €98,685 | €89,769 | €86,142 | €146,840 | ▲ 70.5% |
| Fixed assets21/28 | €44,571 | €35,045 | €21,975 | €9,328 | €10,989 | ▲ 17.8% |
| Tangible fixed assets22/27 | €44,571 | €35,045 | €21,975 | €9,328 | €8,389 | ▼ 10.1% |
| Plant, machinery and equipment23 | €668 | €1,506 | €955 | €701 | €5,838 | ▲ 733% |
| Furniture and vehicles24 | €43,903 | €30,881 | €14,888 | €4,051 | €2,551 | ▼ 37.0% |
| Leasing and similar rights25 | - | - | €4,024 | €3,018 | - | - |
| Other tangible fixed assets26 | - | €2,658 | €2,108 | €1,558 | - | - |
| Financial fixed assets28 | - | - | - | - | €2,600 | - |
| Current assets29/58 | €44,626 | €63,640 | €67,794 | €76,814 | €135,851 | ▲ 76.9% |
| Amounts receivable after more than one year29 | €25,000 | €25,000 | €25,000 | €45,000 | €80,160 | ▲ 78.1% |
| Other amounts receivable291 | €25,000 | €25,000 | €25,000 | €45,000 | €80,160 | ▲ 78.1% |
| Amounts receivable within one year40/41 | €7,105 | €28,071 | €40,687 | €23,645 | €39,722 | ▲ 68.0% |
| Trade receivables40 | €7,105 | €27,898 | €28,776 | €13,915 | €29,124 | ▲ 109% |
| Other amounts receivable41 | - | €173 | €11,911 | €9,730 | €10,599 | ▲ 8.9% |
| Cash at bank and in hand54/58 | €5,852 | €6,031 | €131 | €5,919 | €10,921 | ▲ 84.5% |
| Deferred charges and accrued income490/1 | €6,669 | €4,538 | €1,977 | €2,250 | €5,048 | ▲ 124% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89,197 | €98,685 | €89,769 | €86,142 | €146,840 | ▲ 70.5% |
| Equity10/15 | €5,047 | €34,411 | €41,563 | €55,702 | €67,544 | ▲ 21.3% |
| Contributions10/11 | €1 | €1 | €1 | €1 | €1 | = |
| Reserves13 | €5,046 | €34,410 | €41,562 | €55,701 | €67,543 | ▲ 21.3% |
| Distributable reserves133 | €5,046 | €34,410 | €41,562 | €55,701 | €67,543 | ▲ 21.3% |
| Amounts payable17/49 | €84,150 | €64,274 | €48,206 | €30,440 | €79,296 | ▲ 160% |
| Amounts payable after more than one year17 | €47,369 | €26,846 | €8,613 | €4,134 | €16,906 | ▲ 309% |
| Financial debts170/4 | €47,369 | €26,846 | €8,613 | €4,134 | €16,906 | ▲ 309% |
| Amounts payable within one year42/48 | €36,781 | €37,428 | €39,594 | €26,306 | €62,390 | ▲ 137% |
| Current portion of amounts payable after more than one year42 | €20,208 | €20,534 | €18,219 | €12,787 | €10,683 | ▼ 16.5% |
| Financial debts43 | - | - | - | - | €12,535 | - |
| Credit institutions430/8 | - | - | - | - | €12,535 | - |
| Trade debts44 | €6,113 | €944 | €5,444 | €2,457 | €1,062 | ▼ 56.8% |
| Suppliers440/4 | €6,113 | €944 | €5,444 | €2,457 | €1,062 | ▼ 56.8% |
| Taxes, remuneration and social security45 | €7,821 | €15,798 | €15,931 | €11,062 | €25,109 | ▲ 127% |
| Taxes450/3 | €7,821 | €15,798 | €15,931 | €11,062 | €15,945 | ▲ 44.1% |
| Remuneration and social security454/9 | - | - | - | - | €9,165 | - |
| Other amounts payable47/48 | €2,638 | €152 | - | - | €13,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,046 | €29,363 | €7,152 | €14,139 | €24,842 | ▲ 75.7% |
| + Depreciation and write-downs630 | €18,333 | €16,270 | €18,100 | €15,511 | €4,089 | ▼ 73.6% |
| Operating cash flow (approximation) | €23,379 | €45,633 | €25,252 | €29,650 | €28,931 | ▼ 2.4% |
| Investment in fixed assets (approximation) | - | -€6,744 | -€5,029 | -€2,864 | -€5,750 | ▼ 101% |
| Change in cash | - | €179 | -€5,900 | €5,788 | €5,002 | ▼ 13.6% |
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
2026
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €29,363 ▲482%
Operating result €41,969, net result €29,363, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Antwerpen · 1 establishment unit since 2020
Ground area
184 m²
Building footprint
96 m²
Volume, LiDAR
1,174 m³
Parcel 11810K1903/00D002, Flanders · tallest building 15.2 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Tivala
since 20202.304.767.114
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1903/00D002 | Flanders | 184 m² | 1 · 96 m² | 15.2 m · 5 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 11,299 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0750534233
Also
9925:BE0750534233
Registered
24-11-2023
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.