TUYTTENS
ActiveTUYTTENS has been active since 1965 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.14M and a net result of €85k. Equity is growing by ~85.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 29.44 against 11.06 in 2023; short-term debt: 3.3% and cash: 10.4% of total assets), and 3.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96.2%
Return on assets
7.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-04-2025, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
94 d early
2023
29 d early
2022
7 d early
2021
on the day
2020
on the day
2019
31 d late
2018
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.14M▲ 6.6%
2023 · €1.07M
2018: €46k
2019: €93k
2020: €167k
2021: €469k
2022: €926k
2023: €1.07M
2018 → 2024
Total assets
€1.18M▼ 11.4%
2023 · €1.33M
2018: €290k
2019: €346k
2020: €420k
2021: €714k
2022: €1.16M
2023: €1.33M
2018 → 2024
Net result
€85k▼ 46.2%
2023 · €158k
2018: €-15k
2019: €47k
2020: €75k
2021: €302k
2022: €476k
2023: €158k
2018 → 2024
Working capital
€1.11M▼ 2.3%
2023 · €1.14M
2018: €13k
2019: €96k
2020: €210k
2021: €474k
2022: €971k
2023: €1.14M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€167k-€469k▲ 180%€926k▲ 97.4%€1.07M▲ 15.0%€1.14M▲ 6.6%
Operating result€91k-€304k▲ 234%€505k▲ 65.8%€234k▼ 53.7%€90k▼ 61.7%
Net result€75k-€302k▲ 304%€476k▲ 57.6%€158k▼ 66.9%€85k▼ 46.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 62% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.18M
Fixed assets
€28k▼ 64.4%
Current assets
€1.15M▼ 8.0%
Equity and liabilities €1.18M
Equity
€1.14M▲ 6.6%
Debt
€45k▼ 83.1%
The debt ratio falls from 20.1% to 3.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€146k▼
2023 · €290k
Cash flow
€141k▼
2023 · €214k
Solvency
96.2%▲
2023 · 79.9%
Current ratio
29.44▲
2023 · 11.06
Quick ratio
29.44▲
2023 · 11.06
Debt / equity
0.04▼
2023 · 0.25
ROE
7.5%▼
2023 · 14.8%
ROA
7.2%▼
2023 · 11.8%
Interest coverage
131.81▲
2023 · 81.45
Debt
€45k▼
2023 · €268k
Debt ≤ 1 year
€39k▼
2023 · €113k
Debt > 1 year
€6k▼
2023 · €149k
Income taxes
€30k▼
2023 · €73k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.33M€1.18M▼
Fixed assets21/28€79k€28k▼
Tangible fixed assets22/27€79k€28k▼
Land and buildings22€35k€0▼
Plant, machinery and equipment23-€5k
Furniture and vehicles24€44k€24k▼
Current assets29/58€1.25M€1.15M▼
Amounts receivable after more than one year29-€900k
Other amounts receivable291-€900k
Amounts receivable within one year40/41€163k€130k▼
Trade receivables40€163k€80k▼
Other amounts receivable41€37€50k▲
Cash at bank and in hand54/58€1.09M€122k▼
Deferred charges and accrued income490/1-€928
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.18M▼
Equity10/15€1.07M€1.14M▲
Contributions10/11€850k€850k=
Capital10€850k€850k=
Issued capital100€850k€850k=
Reserves13€216k€286k▲
Non-distributable reserves130/1€33k€33k=
Legal reserve130€33k€33k=
Other1319€234€234=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€180k€251k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€268k€45k▼
Amounts payable after more than one year17€149k€6k▼
Financial debts170/4€28k€6k▼
Other amounts payable178/9€121k€0▼
Amounts payable within one year42/48€113k€39k▼
Current portion of amounts payable after more than one year42€18k€18k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€75k€5k▼
Taxes450/3€75k€5k▼
Other amounts payable47/48€19k€14k▼
Accrued charges and deferred income492/3€6k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€56k=
Other operating charges640/8€3k€6k▲
Gross operating margin9900€293k€152k▼
Operating profit (loss)9901€234k€90k▼
Financial income75/76B€14€26k▲
Recurring financial income75€14€26k▲
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€230k€115k▼
Income taxes67/77€73k€30k▼
Profit (loss) for the period9904€158k€85k▼
Profit (loss) for the period to be appropriated9905€158k€85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€158k€85k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€139k€71k▼
To the legal reserve6920€8k€0▼
To other reserves6921€131k€71k▼
Profit to be distributed694/7€19k€14k▼
Directors or managers695€19k€14k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 29.44
Current ratio from 11.06 to 29.44; short-term debt falls from €113k to €39k.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-10
Financial
Equity above €1MEq €1.07M ▲15%
5 profitable years in a row build equity to €1.07M.
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-10
Financial
Highest result since 2018net €476k ▲57.6%
Operating result €505k, net result €476k, both a record.
31-10
Financial
Equity above €500kEq €926k ▲97.4%
4 profitable years in a row build equity to €926k.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-10
Financial
Equity above €200kEq €469k ▲180%
3 profitable years in a row build equity to €469k.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-10
Financial
Equity above €150kEq €167k ▲80.4%
2 profitable years in a row build equity to €167k.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-10
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
31-10
Financial
Liquidity quadruplescurrent ratio 4.70
Current ratio from 1.30 to 4.70; short-term debt falls from €44k to €26k.
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Brugge · 1 establishment unit since 1965
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.
Noordzandstraat 568000 BruggeGround area
423 m²
Building footprint
461 m²
Volume, LiDAR
3,107 m³
Parcel 31804D0789/00F000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Noordzandstraat 56, 8000 Brugge
since 19652.000.670.431
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0789/00F000 | Flanders | 423 m² | 1 · 461 m² | 11.3 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.
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Of 4,426 companies in sector 46180 we hold annual accounts for 1,886. 872 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-02-1965
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.