TTI
ActiveSummary
TTI has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437,703 and a net result of €9,814. Equity is growing by about 6.3% per year across the filed financial years. Its solvency ranks better than 77% of 17,057 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €437,703
- Profit
- €9,814
Why 89raises risk1 of the last 3 lateLiquidity: current ratio 0.37, cash €8,441lowers riskSize: total assets €661,618Figures for financial year 2025 (filed 30-07-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro): better than 75% on solvency, 41% on liquidity, 40% on profitability and 53% 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 49 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 47% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,411 | €10,411 | €10,411 | €10,411 | €10,411 | €10,411 | €10,411 | €10,411 | = |
| Other operating charges640/8 | - | - | - | €4,351 | €2,611 | €5,211 | €8,472 | €5,586 | ▼ 34.1% |
| Gross operating margin9900 | €13,853 | €26,313 | €71,462 | €92,538 | €16,721 | €57,580 | €66,181 | €41,011 | ▼ 38.0% |
| Operating profit (loss)9901 | €2,090 | €14,734 | €58,126 | €77,776 | €3,700 | €41,958 | €47,298 | €25,014 | ▼ 47.1% |
| Financial income75/76B | - | - | - | - | - | - | €1 | - | - |
| Recurring financial income75 | €11,000 | - | - | - | - | - | €1 | - | - |
| Financial charges65/66B | - | - | - | €6,251 | €6,199 | €7,677 | €14,014 | €11,537 | ▼ 17.7% |
| Recurring financial charges65 | €9,753 | €9,035 | €8,158 | €6,251 | €6,199 | €7,677 | €14,014 | €11,537 | ▼ 17.7% |
| Profit (loss) for the period before taxes9903 | €3,337 | €5,699 | €49,968 | €71,525 | -€2,499 | €34,281 | €33,286 | €13,478 | ▼ 59.5% |
| Income taxes67/77 | - | - | €12,321 | €19,821 | €166 | €8,914 | €9,332 | €3,664 | ▼ 60.7% |
| Profit (loss) for the period9904 | €3,337 | €5,699 | €37,647 | €51,704 | -€2,665 | €25,367 | €23,954 | €9,814 | ▼ 59.0% |
| Profit (loss) for the period to be appropriated9905 | €3,337 | €5,699 | €37,647 | €51,704 | -€2,665 | €25,367 | €23,954 | €9,814 | ▼ 59.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €693,375 | €684,866 | €685,717 | €689,678 | €676,533 | €657,780 | €668,249 | €661,618 | ▼ 1.0% |
| Fixed assets21/28 | €687,391 | €676,980 | €666,570 | €656,159 | €645,749 | €635,338 | €624,927 | €614,517 | ▼ 1.7% |
| Tangible fixed assets22/27 | €187,391 | €176,980 | €166,570 | €156,159 | €145,749 | €135,338 | €124,927 | €114,517 | ▼ 8.3% |
| Land and buildings22 | - | - | - | €156,159 | €145,749 | €135,338 | €124,927 | €114,517 | ▼ 8.3% |
| Financial fixed assets28 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Current assets29/58 | €5,984 | €7,885 | €19,147 | €33,519 | €30,784 | €22,442 | €43,322 | €47,101 | ▲ 8.7% |
| Amounts receivable within one year40/41 | €4,512 | €4,525 | €17,721 | €31,278 | €29,872 | €20,719 | €41,567 | €34,975 | ▼ 15.9% |
| Trade receivables40 | - | - | - | €19,530 | €29,872 | €16,473 | €11,468 | €10,984 | ▼ 4.2% |
| Other amounts receivable41 | - | - | - | €11,748 | - | €4,246 | €30,099 | €23,991 | ▼ 20.3% |
| Cash at bank and in hand54/58 | €1,000 | €2,862 | €907 | €1,027 | €589 | €394 | €1,059 | €8,441 | ▲ 697% |
| Deferred charges and accrued income490/1 | - | - | - | €1,214 | €324 | €1,330 | €695 | €3,686 | ▲ 430% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €693,375 | €684,866 | €685,717 | €689,678 | €676,533 | €657,780 | €668,249 | €661,618 | ▼ 1.0% |
| Equity10/15 | €286,183 | €291,882 | €329,529 | €381,233 | €378,568 | €403,935 | €427,889 | €437,703 | ▲ 2.3% |
| Contributions10/11 | €50,000 | €50,000 | - | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €236,183 | €241,882 | €279,529 | €331,233 | €331,233 | €353,935 | €377,889 | €387,703 | ▲ 2.6% |
| Non-distributable reserves130/1 | - | - | - | €5,000 | €5,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €5,000 | €5,000 | - | - | - | - |
| Distributable reserves133 | - | - | - | €326,233 | €326,233 | €353,935 | €377,889 | €387,703 | ▲ 2.6% |
| Profit (loss) carried forward14 | - | - | - | - | -€2,665 | - | - | - | - |
| Amounts payable17/49 | €407,192 | €392,983 | €356,187 | €308,445 | €297,965 | €253,845 | €240,360 | €223,915 | ▼ 6.8% |
| Amounts payable after more than one year17 | €185,639 | €171,972 | €158,306 | €144,639 | €130,972 | €117,305 | €103,639 | €89,972 | ▼ 13.2% |
| Financial debts170/4 | - | - | - | €144,639 | €130,972 | €117,305 | €103,639 | €89,972 | ▼ 13.2% |
| Amounts payable within one year42/48 | €215,771 | €214,486 | €192,018 | €159,284 | €162,712 | €130,922 | €128,688 | €126,942 | ▼ 1.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €13,667 | €13,667 | €13,667 | €13,667 | €13,667 | = |
| Trade debts44 | €603 | €3,305 | €1,183 | €5,941 | €8,539 | €1,635 | €5,878 | €4,099 | ▼ 30.3% |
| Suppliers440/4 | - | - | - | €5,941 | €8,539 | €1,635 | €5,878 | €4,099 | ▼ 30.3% |
| Taxes, remuneration and social security45 | - | - | - | €36,452 | €9,139 | €14,842 | €11,335 | €13,079 | ▲ 15.4% |
| Taxes450/3 | - | - | - | €33,867 | €6,530 | €12,181 | €8,636 | €10,361 | ▲ 20.0% |
| Remuneration and social security454/9 | - | - | - | €2,585 | €2,609 | €2,662 | €2,699 | €2,718 | ▲ 0.7% |
| Other amounts payable47/48 | - | - | - | €103,224 | €131,367 | €100,777 | €97,808 | €96,098 | ▼ 1.7% |
| Accrued charges and deferred income492/3 | - | - | - | €4,522 | €4,281 | €5,618 | €8,034 | €7,001 | ▼ 12.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,337 | €5,699 | €37,647 | €51,704 | -€2,665 | €25,367 | €23,954 | €9,814 | ▼ 59.0% |
| + Depreciation and write-downs630 | €10,411 | €10,411 | €10,411 | €10,411 | €10,411 | €10,411 | €10,411 | €10,411 | = |
| Operating cash flow (approximation) | €13,747 | €16,110 | €48,058 | €62,114 | €7,746 | €35,777 | €34,364 | €20,225 | ▼ 41.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1,862 | -€1,955 | €120 | -€438 | -€195 | €666 | €7,381 | ▲ 11× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00361016 |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00520871 |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00389576 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00404319 |
| 31-12-2021 | micro format | 17-10-2022 | 2022-20462561 |
| 31-12-2020 | micro format | 30-09-2021 | 2021-69300178 |
| 31-12-2019 | micro format | 22-10-2020 | 2020-62300342 |
| 31-12-2018 | micro format | 30-09-2019 | 2019-68200538 |
| 31-12-2017 | abbreviated format | 23-08-2018 | 2018-48200011 |
| 31-12-2016 | abbreviated format | 23-08-2017 | 2017-50800298 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| THYS Tom |
|
Owners and capital
Capital and shareholders
- THYS Tom all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 15-01-2024 Converted to unavailable equity
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the 2025 annual accounts of TTI and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
15-01
Gazette deed
Resignation: THYS Tom (manager)Appointment: THYS Tom (director) · Legal-form conversion · Capital conversion13 facts ▸
- General meeting, 27-12-2023
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “artikel 39§2 tweede lid wet 23-03-2019 tot invoering WVV, niet-opgevraagde inbrengen” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “geheel, opheffing” (deed in Dutch)
- Registered office clause, “2450 Meerhout, Moenstraat 11, Vierde besluit bevestiging adres zetel” (deed in Dutch)
- Director resignation, THYS Tom (manager)
- Director appointment, THYS Tom (director)
- Other provision, “kwijting ontslagnemende zaakvoerder, volgende jaarvergadering zal beslissen over kwijting voor uitoefening opdracht” (deed in Dutch)
- Shareholding, “identiteit enige aandeelhouder meegedeeld, bestuurder” (deed in Dutch)
- Other provision, “alle aandelen in één hand verenigd, kennisgeving vereniging alle aandelen in één hand-neerlegging vennootschapsdossier” (deed in Dutch)
- Power of attorney
- +1 further fact in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13021A1407/00K000 | Flanders | 1,278 m² | 1 · 192 m² | 8.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle daden van beheer en management van industriële en handelsvennootschappen, alle financieringen, het beheer van effectenportefeuilles en…” (deed in Dutch)
11 activities (deed in Dutch)
- Alle daden van beheer en management van industriële en handelsvennootschappen, alle financieringen, het beheer van effectenportefeuilles en deelnemingen allerhande; het verlenen van bijstand inzake management bij wijze van managementadvies als door rechtstreekse deelname aan het bestuur, het uitvoeren van bepaalde opdrachten in uitvoering van managementcontracten, zonder dat deze opsomming beperkend is;
- De aankoop, de verkoop van alle onroerende goederen, zowel onbebouwde als bebouwde aller aard;
- De bemiddeling bij dergelijke operaties, de oprichting, de aanpassing en de herstelling voor eigen rekening of voor derden ten titel van aanneming van alle gebouwen of constructies; het verkavelen, uitrusten en tot waarde brengen van, alle onroerende goederen voor eigen rekening en voor rekening van derden;
- Het verrichten van alle studies, het uitwerken van alle ontwerpen, ook voor rekening van derden en het verlenen van adviezen in verband met de bovengemelde activiteiten;
- Het in eigendom behouden en uitbaten van alle onroerende goederen, zowel onbebouwde als gebouwen, het verhuren, huren, onderverhuren of onderhuren, beheren voor eigen rekening of voor rekening van derden van alle onroerende goederen;
- Het verrichten van geldleningen en het stellen van waarborgen voor derden, dit alles zowel voor eigen rekening als voor rekening van derden, als hoofdhandelaar of als agent, in binnen- en buitenland; het in leasing nemen of geven van alle onroerende goederen;
- Het optreden als beroepsoprichter en bouwpromotor;
- Holdingmaatschappij; onder eender welke vorm participaties te verwerven en/of aan te houden in bestaande en nog op te richten maatschappijen.
- Zij kan deze participaties beheren, te gelde maken en valoriseren, onder meer door deel te nemen aan het bestuur en het toezicht van ondernemingen waarin zij participeert en door ze technische, administratieve en financiële bijstand te verlenen. Daartoe mag de vennootschap alle roerende en onroerende, financiële, industriële en commerciële handelingen stellen, die er rechtstreeks of onrechtstreeks verband mee houden of de verwezenlijking ervan kunnen vergemakkelijken en/of helpen uitbreiden.
- De vennootschap mag obligatieleningen uitgeven en voor deze leningen alle waarborgen toestaan, eventueel zelfs zakelijke panden.
- Zij kan onder iedere vorm, zelfs door fusie of door het verlenen van borgstellingen, in alle bestaande en/of nog op te richten industriële en handelsondernemingen participeren.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TTI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bestuursorgaan, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “het bestuursorgaan moet genomen worden de melding “ja”, “neen” of “onthouding”; het formulier wordt verzonden aan de vennootschap en moet…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, algemene kosten,los van representatie-,reis-en verplaatsingskosten” (deed in Dutch)“Voorzitter of,bij afwezigheid,oudste aanwezige, zetel of andere plaats in oproeping” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Voorkeurrecht bij inbreng in geld met uitgifte nieuwe aandelen, orgaan dat overgaat tot uitgifte” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding en sluiting vereffening in één akte mogelijk onder voorwaarden artikel 2:80 WVV, op elk moment door AV met vereisten…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed