Tyck
ActiveSummary
Tyck has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-11k) and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▼-59
Solvency19▲+2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.93 against 0.91 in 2024; short-term debt: 106.4% and cash: 7.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-6.4%
Return on assets
2.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
48 d late
2023
14 d late
2022
30 d late
2021
4 d late
2020
2 d early
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-11k▲ 28.2%
2024 · €-15k
2018: €17khighest in 8 years
2019: €-21k▼ -228% vs 2018
2020: €-43k▼ -104% vs 2019
2021: €1k▲ +103% vs 2020
2022: €2k▲ +109% vs 2021
2023: €-75k▼ -3143% vs 2022lowest in 8 years
2024: €-15k▲ +79.4% vs 2023
2025: €-11k▲ +28.2% vs 2024
2018 → 2025
Total assets
€172k▼ 7.5%
2024 · €186k
2018: €150k
2019: €108k▼ -28.0% vs 2018
2020: €96k▼ -11.0% vs 2019lowest in 8 years
2021: €184k▲ +91.4% vs 2020
2022: €252k▲ +37.0% vs 2021highest in 8 years
2023: €114k▼ -54.8% vs 2022
2024: €186k▲ +63.1% vs 2023
2025: €172k▼ -7.5% vs 2024
2018 → 2025
Net result
€4k▼ 92.7%
2024 · €59k
2018: €12k
2019: €-38k▼ -422% vs 2018
2020: €-22k▲ +41.5% vs 2019
2021: €44k▲ +301% vs 2020
2022: €1k▼ -97.1% vs 2021
2023: €-77k▼ -6136% vs 2022lowest in 8 years
2024: €59k▲ +177% vs 2023highest in 8 years
2025: €4k▼ -92.7% vs 2024
2018 → 2025
Working capital
€-13k▲ 31.6%
2024 · €-18k
2018: €11khighest in 8 years
2019: €-23k▼ -298% vs 2018
2020: €-46k▼ -103% vs 2019
2021: €-3k▲ +92.6% vs 2020
2022: €-7k▼ -112% vs 2021
2023: €-80k▼ -994% vs 2022lowest in 8 years
2024: €-18k▲ +76.9% vs 2023
2025: €-13k▲ +31.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€2k▲ 109%€-75k€-15k▲ 79.4%€-11k▲ 28.2%
2021: €1k
2022: €2k▲ +109% vs 2021highest in 5 years
2023: €-75k▼ -3143% vs 2022lowest in 5 years
2024: €-15k▲ +79.4% vs 2023
2025: €-11k▲ +28.2% vs 2024
Operating result€47k-€13k▼ 72.1%€-69k€64k€14k▼ 78.7%
2021: €47k
2022: €13k▼ -72.1% vs 2021
2023: €-69k▼ -634% vs 2022lowest in 5 years
2024: €64k▲ +192% vs 2023highest in 5 years
2025: €14k▼ -78.7% vs 2024
Net result€44k-€1k▼ 97.1%€-77k€59k€4k▼ 92.7%
2021: €44k
2022: €1k▼ -97.1% vs 2021
2023: €-77k▼ -6136% vs 2022lowest in 5 years
2024: €59k▲ +177% vs 2023highest in 5 years
2025: €4k▼ -92.7% vs 2024
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 falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172k
Fixed assets
€2k ▼ 48.7%
Current assets
€170k ▼ 6.8%
Key figures and ratios
EBITDA
€15k▼
2024 · €66k
Cash flow
€6k▼
2024 · €61k
Solvency
-6.4%▲
2024 · -8.3%
Current ratio
0.93▲
2024 · 0.91
Debt to equity
-16.57▼
2024 · -13.08
ROA
2.5%▼
2024 · 31.8%
Interest coverage
2.33▼
2024 · 8.18
Debt
€183k▼
2024 · €201k
Debt ≤ 1 year
€183k▼
2024 · €201k
Income taxes
€3k▲
2024 · €205
Staff costs
€732▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€186k€172k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€2k€552▼
Plant, machinery and equipment23€1k€552▼
Furniture and vehicles24€709-
Financial fixed assets28€1k€1k=
Current assets29/58€183k€170k▼
Amounts receivable within one year40/41€175k€155k▼
Trade receivables40€117k€97k▼
Other amounts receivable41€58k€58k=
Cash at bank and in hand54/58€5k€13k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€186k€172k▼
Equity10/15€-15k€-11k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€36k€36k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€9k€9k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€-58k€-53k▲
Amounts payable17/49€201k€183k▼
Amounts payable within one year42/48€201k€183k▼
Financial debts43€51k€53k▲
Credit institutions430/8€51k€53k▲
Trade debts44€80k€96k▲
Suppliers440/4€80k€96k▲
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€200€3k▲
Remuneration and social security454/9€12k€7k▼
Other amounts payable47/48€58k€25k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1k€732▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€70k€19k▼
Operating profit (loss)9901€64k€14k▼
Financial income75/76B€4k€1▼
Recurring financial income75€4k€1▼
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€59k€7k▼
Income taxes67/77€205€3k▲
Profit (loss) for the period9904€59k€4k▼
Profit (loss) for the period to be appropriated9905€59k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-58k€-53k▲
Profit (loss) brought forward from the previous period14P€-117k€-58k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €7k | €-222 | €12 | €1k | €732 | ▼ 29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €275 | €2k | €2k | €2k | €1k | ▼ 35.5% |
| Other operating charges640/8 | €2k | €6k | €2k | €3k | €4k | ▲ 22.6% |
| Gross operating margin9900 | €56k | €20k | €-65k | €70k | €19k | ▼ 72.5% |
| Operating profit (loss)9901 | €47k | €13k | €-69k | €64k | €14k | ▼ 78.7% |
| Financial income75/76B | €5k | €660 | €225 | €4k | €1 | ▼ 100.0% |
| Recurring financial income75 | €5k | €660 | €225 | €4k | €1 | ▼ 100.0% |
| Financial charges65/66B | €4k | €11k | €8k | €8k | €6k | ▼ 20.0% |
| Recurring financial charges65 | €4k | €11k | €8k | €8k | €6k | ▼ 20.0% |
| Profit (loss) for the period before taxes9903 | €47k | €3k | €-77k | €59k | €7k | ▼ 88.0% |
| Income taxes67/77 | €2k | €2k | €215 | €205 | €3k | ▲ 1,251% |
| Profit (loss) for the period9904 | €44k | €1k | €-77k | €59k | €4k | ▼ 92.7% |
| Profit (loss) for the period to be appropriated9905 | €44k | €1k | €-77k | €59k | €4k | ▼ 92.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €184k | €252k | €114k | €186k | €172k | ▼ 7.5% |
| Fixed assets21/28 | €5k | €10k | €8k | €3k | €2k | ▼ 48.7% |
| Tangible fixed assets22/27 | €1k | €7k | €4k | €2k | €552 | ▼ 72.8% |
| Plant, machinery and equipment23 | €1k | €3k | €2k | €1k | €552 | ▼ 58.1% |
| Furniture and vehicles24 | - | €4k | €2k | €709 | - | - |
| Financial fixed assets28 | €3k | €3k | €3k | €1k | €1k | = |
| Current assets29/58 | €179k | €242k | €106k | €183k | €170k | ▼ 6.8% |
| Amounts receivable within one year40/41 | €178k | €179k | €105k | €175k | €155k | ▼ 11.4% |
| Trade receivables40 | €99k | €159k | €47k | €117k | €97k | ▼ 17.0% |
| Other amounts receivable41 | €79k | €21k | €58k | €58k | €58k | = |
| Cash at bank and in hand54/58 | €1k | €62k | - | €5k | €13k | ▲ 141% |
| Deferred charges and accrued income490/1 | €671 | €1k | €1k | €2k | €2k | ▲ 4.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €184k | €252k | €114k | €186k | €172k | ▼ 7.5% |
| Equity10/15 | €1k | €2k | €-75k | €-15k | €-11k | ▲ 28.2% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Outside capital11 | €6k | €6k | €6k | €6k | €6k | = |
| Other1109/19 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €36k | €36k | €36k | €36k | €36k | = |
| Non-distributable reserves130/1 | €22k | €22k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Other1319 | €20k | €20k | - | - | - | - |
| Tax-exempt reserves132 | €9k | €9k | €9k | €9k | €9k | = |
| Distributable reserves133 | €5k | €5k | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €-41k | €-40k | €-117k | €-58k | €-53k | ▲ 7.5% |
| Amounts payable17/49 | €183k | €250k | €189k | €201k | €183k | ▼ 9.0% |
| Amounts payable after more than one year17 | - | - | €3k | - | - | - |
| Financial debts170/4 | - | - | €3k | - | - | - |
| Amounts payable within one year42/48 | €183k | €250k | €186k | €201k | €183k | ▼ 9.0% |
| Financial debts43 | €50k | €50k | €50k | €51k | €53k | ▲ 2.5% |
| Credit institutions430/8 | €50k | €50k | €50k | €51k | €53k | ▲ 2.5% |
| Trade debts44 | €105k | €118k | €49k | €80k | €96k | ▲ 20.9% |
| Suppliers440/4 | €105k | €118k | €49k | €80k | €96k | ▲ 20.9% |
| Taxes, remuneration and social security45 | €4k | €3k | €8k | €12k | €9k | ▼ 22.8% |
| Taxes450/3 | €2k | €2k | €215 | €200 | €3k | ▲ 1,286% |
| Remuneration and social security454/9 | €2k | €1k | €8k | €12k | €7k | ▼ 44.4% |
| Other amounts payable47/48 | €23k | €78k | €79k | €58k | €25k | ▼ 57.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44k | €1k | €-77k | €59k | €4k | ▼ 92.7% |
| + Depreciation and write-downs630 | €275 | €2k | €2k | €2k | €1k | ▼ 35.5% |
| Operating cash flow (approximation) | €45k | €3k | €-75k | €61k | €6k | ▼ 90.5% |
| Investment in fixed assets (approximation) | - | €-7k | €-198 | €2k | €0 | ▼ 100% |
| Change in cash | - | €61k | - | - | €7k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
31-12
Financial
Back to profitnet €59k
Net result €59k after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Weakest financial yearnet €-77k
Net result drops to €-77k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Back to profitnet €44k
Net result €44k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Schilde · 1 establishment unit since 2003
Ground area
2,041 m²
Building footprint
183 m²
Volume, LiDAR
1,111 m³
Parcel 11039D0016/00E000, Flanders · tallest building 16.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TYCK
since 20032.134.040.778
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039D0016/00E000 | Flanders | 2,041 m² | 1 · 183 m² | 16.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 7,867 companies in sector 43341 we hold annual accounts for 2,663. 694 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-10-2003
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
Contact
E-mail
info@tyck.be
Scores and ratios are computed by Checked and are not a credit decision.