Equity
-€11,050
Debts exceed assets in financial year 2025.
Tyck
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €193,512 (2009)
€19,288▼ 72.5%
lowest -€76,978 (2023)
€4,336▼ 92.7%
peak €17,392 (2007)
-€11,050▲ €4,336
€183,101▼ 9.0%
peak 4.3 FTE (2009)
-not published
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €70,013 to €19,288Result from €59,143 to €4,336Equity from -€15,385 to -€11,050Cash from €5,282 to €12,705
Key points
from the 2025 annual accountsResult
€4,336 ▼ 92.7%
The result fell in 2025 from €59,143 to €4,336.
Turnover
≈ €200,000 estimated
The micro format states no turnover.
Debts
€183,101 106% of the balance sheet
Financial debts 29%Suppliers 53%Taxes and wages 5%Other 13%
Filings
22 annual accounts since 2004
Six of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.
Position in the sector
-€11,050
Less equity than 94% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,451 companies had the same profile as Tyck has now. Each dot stands for 4 companies, two years later.
92.2%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,451 companies, not a prediction for Tyck. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0861338917
Company renamed from SCHILDERWERKEN TYCK to Tyck
Change of role: , from manager to director · Appointment: (director) · “Het bouwrijp maken van terreinen; Slopen van gebouwen; grondverzet; Slopen van gebouwen:; Het slopen van…” (deed in Dutch) · General meeting of 10-05-2022 · Gazette deed
Registered office moved to Schilde
New registered office: Noorderlaan 21A, 2970 Schilde · Previous registered office: Wijnegemsteenweg 39 bus 2-2970 's Gravenwezel · Board meeting of 23-06-2017 · Gazette deed
Registered-office move
Director in office: (manager) · Board meeting of 28-12-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Tyck Schilde | €172,051 | €19,288 | -6.4% | - |
| Schilderwerken Volckaert Christof Zottegem | €161,500 | €20,148 | 80.0% | - |
| DEKOR-MAX Anderlecht | €155,140 | €21,439 | 32.5% | - |
| AMODIO et Fils Genappe | €173,513 | €21,118 | 38.3% | - |
| IMAGES OF HEAVEN Aalst | €148,629 | €16,095 | 28.6% | - |
| RABRA Antwerp | €148,354 | €13,703 | 90.2% | - |
| ALL PAINT SERVICES Niel | €182,720 | €29,844 | 0.1% | - |
These companies have the same main activity as Tyck: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €148,000 and €183,000, founded between 1999 and 2006.
Official details
Source: KBO- Status
- Active since 28-10-2003Normal situation
- Activity
- Painting of buildingsNACE 43341
- Establishment unit
- 2.134.040.7782970 Schilde, since 01-10-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 31-08-2023
Insights on Tyck
Tyck files the micro format. That format states no turnover. The gross margin fell from €64,051 in 2006 to €19,288 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Tyck
- What is the company number of Tyck?
- The company number of Tyck is 0861.338.917. The VAT number is the same number with BE in front: BE 0861.338.917.
- Where is Tyck based?
- The registered office is at Turnhoutsebaan 25, 2970 Schilde.Company details
- What does Tyck do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of Tyck?
- Tyck is a private limited company (BV).
- When was Tyck founded?
- Tyck was founded on 28-10-2003.
- Is Tyck still active?
- Yes, Tyck is an active enterprise in the KBO register.
- How many employees does Tyck have?
- Tyck had an average of 0.2 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of Tyck?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €19,288 and 159 comparable companies (NACE 433). It probably lies between €110,000 and €410,000. It is a rough estimate.
- Is Tyck profitable?
- In financial year 2025, Tyck made a profit of €4,336.
- Where can I find the annual accounts of Tyck?
- Tyck filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Tyck due?
- Tyck must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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