TiVerTec
ActiveTiVerTec has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €296k and a net result of €60k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 16% of 7673 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
76
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+3
Solvency43▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 2.53 in 2024), but 85.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
14.8%
Return on assets
3%
Age of the figures
14 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7673 sector peers (2025).
NBB · sector comparisonPosition among 7673 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 filingsDeviation from the deadline
2025
1 d early
2024
38 d early
2023
40 d early
2022
15 d early
2021
38 d early
2020
2 d early
2019
3 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€296k▲ 25.6%
2024 · €236k
2019: €104k
2020: €121k
2021: €147k
2022: €180k
2023: €190k
2024: €236k
2019 → 2025
Total assets
€2.00M▲ 7.6%
2024 · €1.86M
2019: €1.39M
2020: €1.47M
2021: €1.75M
2022: €1.76M
2023: €1.79M
2024: €1.86M
2019 → 2025
Net result
€60k▲ 32.3%
2024 · €46k
2019: €44k
2020: €17k
2021: €26k
2022: €33k
2023: €10k
2024: €46k
2019 → 2025
Working capital
€844k▼ 7.0%
2024 · €907k
2019: €560k
2020: €581k
2021: €780k
2022: €896k
2023: €925k
2024: €907k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€147k-€180k▲ 22.7%€190k▲ 5.7%€236k▲ 24.0%€296k▲ 25.6%
Operating result€45k-€61k▲ 34.4%€30k▼ 50.4%€89k▲ 194%€102k▲ 14.7%
Net result€26k-€33k▲ 30.2%€10k▼ 69.4%€46k▲ 348%€60k▲ 32.3%
Turnover and EBIT margin not published: the abbreviated 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 15% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.00M
Fixed assets
€416k▲ 16.3%
Current assets
€1.58M▲ 5.5%
Equity and liabilities €2.00M
Equity
€296k▲ 25.6%
Debt
€1.70M▲ 5.0%
The debt ratio falls from 87.3% to 85.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€173k▲
2024 · €147k
Cash flow
€132k▲
2024 · €104k
Solvency
14.8%▲
2024 · 12.7%
Current ratio
2.15▼
2024 · 2.53
Quick ratio
0.74▲
2024 · 0.69
Debt / equity
5.74▼
2024 · 6.87
ROE
20.4%▲
2024 · 19.4%
ROA
3.0%▲
2024 · 2.5%
Interest coverage
7.21▲
2024 · 5.09
Debt
€1.70M▲
2024 · €1.62M
Debt ≤ 1 year
€737k▲
2024 · €591k
Debt > 1 year
€961k▼
2024 · €1.03M
Income taxes
€20k▲
2024 · €15k
Staff costs
€349k▲
2024 · €288k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.86M€2.00M▲
Fixed assets21/28€358k€416k▲
Tangible fixed assets22/27€358k€416k▲
Land and buildings22€204k€192k▼
Plant, machinery and equipment23€24k€18k▼
Furniture and vehicles24€90k€173k▲
Other tangible fixed assets26€40k€32k▼
Financial fixed assets28€100€100=
Current assets29/58€1.50M€1.58M▲
Stocks and contracts in progress3€1.09M€1.03M▼
Stocks30/36€804k€759k▼
Contracts in progress37€286k€275k▼
Amounts receivable within one year40/41€383k€481k▲
Trade receivables40€374k€471k▲
Other amounts receivable41€9k€10k▲
Cash at bank and in hand54/58€25k€66k▲
Deferred charges and accrued income490/1€313€335▲
Equity and liabilities
Total equity and liabilities10/49€1.86M€2.00M▲
Equity10/15€236k€296k▲
Contributions10/11€20k€20k=
Reserves13€71k€71k=
Distributable reserves133€71k€71k=
Profit (loss) carried forward14€145k€206k▲
Amounts payable17/49€1.62M€1.70M▲
Amounts payable after more than one year17€1.03M€961k▼
Financial debts170/4€1.03M€961k▼
Amounts payable within one year42/48€591k€737k▲
Current portion of amounts payable after more than one year42€77k€90k▲
Financial debts43€164k€202k▲
Credit institutions430/8€164k€202k▲
Trade debts44€312k€339k▲
Suppliers440/4€312k€339k▲
Taxes, remuneration and social security45€38k€106k▲
Taxes450/3€11k€68k▲
Remuneration and social security454/9€27k€38k▲
Other amounts payable47/48-€92
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€288k€349k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€72k▲
Other operating charges640/8€4k€6k▲
Gross operating margin9900€439k€528k▲
Operating profit (loss)9901€89k€102k▲
Financial income75/76B€420€2k▲
Recurring financial income75€420€2k▲
Financial charges65/66B€29k€24k▼
Recurring financial charges65€29k€24k▼
Profit (loss) for the period before taxes9903€60k€80k▲
Income taxes67/77€15k€20k▲
Profit (loss) for the period9904€46k€60k▲
Profit (loss) for the period to be appropriated9905€46k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€145k€206k▲
Profit (loss) brought forward from the previous period14P€99k€145k▲
Social balance
Average headcount (FTE)90875.26.4▲
The notes to these accounts (20 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €60k ▲32.3%
Operating result €102k, net result €60k, both a record.
2024
24-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Equity above €200kEq €236k ▲24%
6 profitable years in a row build equity to €236k.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Weakest financial yearnet €10k ▼69.4%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €150kEq €180k ▲22.7%
4 profitable years in a row build equity to €180k.
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 3 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2024
This board is reconstructed from a single act (24376469). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
VERSTRYNGE Franky Hippoliet Alice
CurrentDirector · since 14-03-2024
VERSTRYNGE Thomas Bertrand Andrea
CurrentDirector · since 14-03-2024
VERSTRYNGE Vincent Roland Bertrand
CurrentDirector · since 14-03-2024
14-03-2024
VERSTRYNGE Franky Hippoliet Alice: Appointed as Director
14-03-2024
VERSTRYNGE Thomas Bertrand Andrea: Appointed as Director
14-03-2024
VERSTRYNGE Vincent Roland Bertrand: Appointed as Director
Location & real-estate footprint
Registered office, Sint-Laureins · 1 establishment unit since 2007
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.
Blekkersdijk(WAT) 69988 Sint-LaureinsGround area
1.4 ha
Building footprint
807 m²
Volume, LiDAR
4,907 m³
Parcel 43017B0742/00H000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TiVerTec
since 20072.160.881.470
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43017B0742/00H000 | Flanders | 1.4 ha | 1 · 807 m² | 7.2 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.
Similar companies · same sector, comparable size
TIM MELLEBEEK
BE 0884.602.089
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DEDOELDER FRANK
BE 0477.379.065
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MIRA NEF
BE 0789.757.667
Boom · Eq €296k
LOKIPROTECT
BE 0546.636.570
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ELECTRICITEITSWERKEN MEYVIS JURI
BE 0879.412.193
Hoogstraten · Eq €296k
Of 22,731 companies in sector 43211 we hold annual accounts for 10,271. 7,568 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2007
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
66110Activities auxiliary to financial services and insurance activities
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.