Summary
TYNE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €17.4m and a net result of -€1.9m. Equity is growing by ~33.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 5565 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
43 d early
2023
29 d early
2022
39 d early
2021
48 d early
2020
24 d late
2019
58 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#9 company by equity in Tournai, Finance and insurance sector
Equity
€17.4m▼ 9.8%
2024 · €19.3m
Net result
-€1.9m
2024 · €10.4m
Total assets
€25.8m▲ 2.5%
2024 · €25.2m
Solvency
67.5%▼ 9.2pp
2024 · 76.7%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€27,256▼ 9.6%-€25,267▲ 7.3%-€127,866▼ 406%-€97,713▲ 23.6%-€161,592▼ 65.4%
Net result-€137,669▼ 239%€508,767-€30,088€10.4m-€1.9m
Equity€8.5m€9.0m▲ 6.0%€8.9m▼ 0.3%€19.3m▲ 116%€17.4m▼ 9.8%
Total assets€11.2m▲ 9.2%€11.8m▲ 5.4%€11.7m▼ 1.1%€25.2m▲ 116%€25.8m▲ 2.5%
Debt€2.7m▼ 74.0%€2.8m▲ 3.8%€2.7m▼ 3.6%€5.9m▲ 116%€8.4m▲ 43.2%
Working capital€1.8m€189,210▼ 89.3%€139,122▼ 26.5%€12.5m▲ 8,855%-€3.8m
Solvency75.8%▲ 77.5pp76.2%▲ 0.4pp76.8%▲ 0.6pp76.7%=67.5%▼ 9.2pp
Staff (FTE)0.5=0.5=0.5=0▼ 100%0
Why a figure moved sharply
- 2024 Equity +116%, Total assets +116% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €161,592 in 2025 against €97,713 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25.8m
Fixed assets
€21.3m ▲ 209%
Current assets
€4.6m ▼ 75.0%
Equity and liabilities €25.8m
Equity
€17.4m ▼ 9.8%
Debt
€8.4m ▲ 43.2%
Debt's share of the balance-sheet total rises from 23.3% to 32.5%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-10.9%▼
2024 · 53.7%
ROA
-7.3%▼
2024 · 41.2%
Debt ≤ 1 year
€8.4m▲
2024 · €5.9m
Income taxes
-€1,891▼
2024 · €26,975
Staff costs
€0▼
2024 · €9,744
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €14,789 | €15,737 | €17,905 | €9,744 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €23,430 | €31,112 | ▲ 32.8% |
| Other operating charges640/8 | €150 | €0 | - | €9,339 | €2,562 | ▼ 72.6% |
| Non-recurring operating charges66A | - | - | €98,063 | €0 | - | - |
| Gross operating margin9900 | -€12,317 | -€9,529 | -€11,898 | -€55,199 | -€127,918 | ▼ 132% |
| Operating profit (loss)9901 | -€27,256 | -€25,267 | -€127,866 | -€97,713 | -€161,592 | ▼ 65.4% |
| Financial income75/76B | €7,072 | €646,041 | €98,067 | €10.6m | €195,494 | ▼ 98.2% |
| Recurring financial income75 | €7,072 | €646,041 | €4 | €373,414 | €195,494 | ▼ 47.6% |
| Non-recurring financial income76B | - | - | €98,063 | €10.2m | €0 | ▼ 100% |
| Financial charges65/66B | €117,486 | €13,428 | €289 | €106,698 | €1.9m | ▲ 1,707% |
| Recurring financial charges65 | €19,423 | €13,428 | €289 | €106,698 | €211,429 | ▲ 98.2% |
| Non-recurring financial charges66B | €98,063 | €0 | - | - | €1.7m | - |
| Profit (loss) for the period before taxes9903 | -€137,669 | €607,346 | -€30,088 | €10.4m | -€1.9m | ▼ 118% |
| Income taxes67/77 | - | €98,579 | €0 | €26,975 | -€1,891 | ▼ 107% |
| Profit (loss) for the period9904 | -€137,669 | €508,767 | -€30,088 | €10.4m | -€1.9m | ▼ 118% |
| Profit (loss) for the period to be appropriated9905 | -€137,669 | €508,767 | -€30,088 | €10.4m | -€1.9m | ▼ 118% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11.2m | €11.8m | €11.7m | €25.2m | €25.8m | ▲ 2.5% |
| Fixed assets21/28 | €8.8m | €8.8m | €8.8m | €6.9m | €21.3m | ▲ 209% |
| Tangible fixed assets22/27 | - | - | - | €132,131 | €101,019 | ▼ 23.5% |
| Furniture and vehicles24 | - | - | - | €132,131 | €101,019 | ▼ 23.5% |
| Financial fixed assets28 | €8.8m | €8.8m | €8.8m | €6.7m | €21.2m | ▲ 214% |
| Current assets29/58 | €2.4m | €3.0m | €2.8m | €18.3m | €4.6m | ▼ 75.0% |
| Amounts receivable after more than one year29 | - | - | - | €2.1m | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | €2.1m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €2.1m | €1.7m | €2.0m | €10.1m | €4.3m | ▼ 57.1% |
| Other amounts receivable41 | €2.1m | €1.7m | €2.0m | €10.1m | €4.3m | ▼ 57.1% |
| Current investments50/53 | - | - | - | €5.7m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €297,098 | €1.3m | €888,661 | €118,758 | €82,279 | ▼ 30.7% |
| Deferred charges and accrued income490/1 | - | - | - | €269,738 | €158,888 | ▼ 41.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11.2m | €11.8m | €11.7m | €25.2m | €25.8m | ▲ 2.5% |
| Equity10/15 | €8.5m | €9.0m | €8.9m | €19.3m | €17.4m | ▼ 9.8% |
| Contributions10/11 | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | = |
| Reserves13 | - | €179,449 | €149,361 | €10.5m | €8.6m | ▼ 18.0% |
| Distributable reserves133 | - | €179,449 | €149,361 | €10.5m | €8.6m | ▼ 18.0% |
| Profit (loss) carried forward14 | -€325,535 | €0 | €0 | - | - | - |
| Amounts payable17/49 | €2.7m | €2.8m | €2.7m | €5.9m | €8.4m | ▲ 43.2% |
| Amounts payable after more than one year17 | €2.1m | €0 | - | - | - | - |
| Financial debts170/4 | €2.1m | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €643,361 | €2.8m | €2.7m | €5.9m | €8.4m | ▲ 43.2% |
| Trade debts44 | €4,110 | €414 | €381 | €4,945 | €1,336 | ▼ 73.0% |
| Suppliers440/4 | €4,110 | €414 | €381 | €4,945 | €1,336 | ▼ 73.0% |
| Taxes, remuneration and social security45 | €4,183 | €100,702 | €2,677 | €0 | €380 | - |
| Taxes450/3 | - | €98,579 | €310 | €0 | €380 | - |
| Remuneration and social security454/9 | €4,183 | €2,123 | €2,367 | €0 | - | - |
| Other amounts payable47/48 | €635,068 | €2.7m | €2.7m | €5.9m | €8.4m | ▲ 43.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€137,669 | €508,767 | -€30,088 | €10.4m | -€1.9m | ▼ 118% |
| + Depreciation and write-downs630 | - | - | - | €23,430 | €31,112 | ▲ 32.8% |
| Operating cash flow (approximation) | -€137,669 | €508,767 | -€30,088 | €10.4m | -€1.9m | ▼ 118% |
| Investment in fixed assets (approximation) | - | -€15,184 | -€20,000 | €1.9m | -€14.4m | ▼ 851% |
| Change in cash | - | €957,509 | -€365,946 | -€769,903 | -€36,480 | ▲ 95.3% |
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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€1.9m
Net result drops to -€1.9m, the lowest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €10.4m
Net result €10.4m after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.13
Current ratio from 1.05 to 3.13.
31-12
Financial
Equity above €10mEq €19.3m ▲116%
Equity rises from €8.9m to €19.3m.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €508,767
Net result €508,767 after 4 loss-making years.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 22current ratio 3.74
Current ratio from 0.17 to 3.74; short-term debt falls from €8.1m to €643,361.
31-12
Financial
Equity above €5mEq €8.5m
Equity rises from -€169,265 to €8.5m.
Show earlier events
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Tournai · 1 establishment unit since 2008
Ground area
934 m²
Building footprint
352 m²
Volume, LiDAR
2,081 m³
Parcel 57069C0256/00F000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TYNE
since 20082.176.980.106
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57069C0256/00F000 | Wallonia | 934 m² | 1 · 352 m² | 7.9 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.
Structure & network
Owners and holdings
1 ownerChain of control
- LIFERTAN
- TYNE
Highest known parent: LIFERTAN. The sources do not say who stands above it.
Owners 1
- LIFERTANparentSourceaccounts LIFERTAN 202499.99%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 4,591 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
Founded03-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.