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TiVerTec

Active
Private limited companyfounded 2007active for 19 yearsBlekkersdijk(WAT) 6, 9988 Sint-Laureins, BelgiumKBO/BCE: BE 0887.286.021
Summary

TiVerTec has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €296,300 and a net result of €60,435. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 16% of 9,816 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
General electrical installation work
NACE 43211
6th largest company by total assets in Sint-Laureins, Construction sector1 site
Size
≈ €1.2mturnover 2025, estimated
Staff
6.4 FTE
Equity
€296,300
Profit
€60,435
Turnover estimated from the gross margin
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
2025 accounts 1 day early1 of 3 deeds summarised
Why 66raises riskEquity €296,300 (14.8% of total assets)Sector: Specialised construction activities (NACE 43)Size: 6.4 FTE, total assets €2.0mlowers riskFounded in 2007Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 40% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 40+2
equity 14.8% of total assets
Liquidity 37-1
short-term debt 36.9% · cash 3.3%
Profitability 73+9
return on assets 3.0%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 11-2024: 1.2% 12-2024: 1.1%▼ -0.1 percentage points vs 11-2024 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 1.0%● unchanged vs 01-2025lowest value 03-2025: 1.0%● unchanged vs 02-2025lowest value 04-2025: 1.0%● unchanged vs 03-2025lowest value 05-2025: 1.0%● unchanged vs 04-2025lowest value 06-2025: 1.0%● unchanged vs 05-2025lowest value 07-2025: 1.0%● unchanged vs 06-2025lowest value 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.1%▲ +0.1 percentage points vs 11-2025 01-2026: 1.3%▲ +0.2 percentage points vs 12-2025 02-2026: 1.9%▲ +0.6 percentage points vs 01-2026highest value 03-2026: 1.0%▼ -0.9 percentage points vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.15, compared with 2.53 in 2024, above the usual 1.5; short-term debt: 36.9% and cash: 3.3% of total assets), but 85.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 17% on solvency, 26% on liquidity, 43% on profitability and 72% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €296,300 (14.8% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: 6.4 FTE, total assets €2.0m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9816 sector peers (2025).
NBB · sector comparison
Position among 9816 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
38 days early
2023
40 days early
2022
15 days early
2021
38 days early
2020
2 days early
2019
3 days 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 19 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 24 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end28-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2019 to 2025net €60,435 ▲32.3%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 16% on solvencysector median 44.0% · 9,816 companies 14.8% View
  • Positive: 7 profitable years in a rowprofit 2025: €60,435 7 years View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Positive: Equity rose in 2025from €235,865 to €296,300 ▲ 25.6% View

By topic

Financials

Financial year
2025
Total assets
€2.0m
Profit
€60,435
Solvency
14.8%
Total assets▲ 7.6%
Net result
20192025
Go to Financials

Board & ownership

Board
3 members
  • VERSTRYNGE Franky Hippoliet AliceDirector
  • VERSTRYNGE Thomas Bertrand AndreaDirector
  • VERSTRYNGE Vincent Roland BertrandDirector
Go to Board & ownership

Timeline

Events
23
Since
2009
Next accounts
by 31-01-2027
  1. 30-06-2024Equity above €200,000
  2. 14-03-2024Resignations: VERSTRYNGE Franky Hippoliet Alice, VERSTRYNGE Thomas…
  3. 22-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
15-02-2007
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about TiVerTec

What is the company number of TiVerTec?
0887.286.021. In Belgium the VAT number is the company number with BE in front: BE 0887.286.021.
Where is TiVerTec based?
The registered office is at Blekkersdijk(WAT) 6, 9988 Sint-Laureins.Company details
What does TiVerTec do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of TiVerTec?
Private limited company (BV).
When was TiVerTec founded?
On 15-02-2007.
Is TiVerTec still active?
Yes, TiVerTec is an active enterprise in the KBO register.
How many employees does TiVerTec have?
On average 6.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TiVerTec?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is TiVerTec profitable?
In financial year 2025, TiVerTec made a profit of €60,435.
Where can I find the annual accounts of TiVerTec?
TiVerTec filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TiVerTec due?
By 31-01-2027, for financial year 2026.Timeline

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