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TYTGAT.NET

Active
Private limited companyfounded 200223 yrs activeKeizerslaan 10, 1000 Brussel, BelgiumKBO/BCE: BE 0479.035.686
Summary

The annual accounts of TYTGAT.NET for fiscal year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €168k and a net result of €-172k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 2692 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
46 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-68
Solvency36▼-15
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.3 against 0.29 in 2024; short-term debt: 44.9% and cash: 0% of total assets), and 88.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2692 sector peers (2025).
NBB · sector comparison
Position among 2692 sector peers
Solvency
better than 21%
← weakest strongest →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 d early
2024
41 d early
2023
7 d early
2022
27 d early
2021
47 d early
2020
71 d early
2019
72 d early
← 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€168k▼ 50.5%
2024 · €340k
2018: €86k 2019: €119k 2020: €190k 2021: €257k 2022: €286k 2023: €287k 2024: €340k
2018 → 2025
Total assets
€1.52M▲ 17.7%
2024 · €1.29M
2018: €900k 2019: €910k 2020: €923k 2021: €1.02M 2022: €1.45M 2023: €1.51M 2024: €1.29M
2018 → 2025
Net result
€-172k
2024 · €53k
2018: €37k 2019: €66k 2020: €71k 2021: €67k 2022: €29k 2023: €1k 2024: €53k
2018 → 2025
Working capital
€-476k▼ 75.4%
2024 · €-272k
2018: €-148k 2019: €-116k 2020: €-139k 2021: €-187k 2022: €-81k 2023: €-206k 2024: €-272k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€257k-€286k▲ 11.3%€287k▲ 0.4%€340k▲ 18.3%€168k▼ 50.5%
Operating result€105k-€56k▼ 46.2%€23k▼ 58.5%€92k▲ 292%€-129k
Net result€67k-€29k▼ 57.0%€1k▼ 95.7%€53k▲ 4,143%€-172k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100kOperating result 2021: €105k€105kNet result 2021: €67k€67kOperating result 2022: €56k€56kNet result 2022: €29k€29kOperating result 2023: €23k€23kNet result 2023: €1k€1kOperating result 2024: €92k€92kNet result 2024: €53k€53kOperating result 2025: €-129k€-129kNet result 2025: €-172k€-172k20212022202320242025€-200k€-100k€0€100kOperating result 2023: €23k€23kNet result 2023: €1k€1.2kOperating result 2024: €92k€92kNet result 2024: €53k€53kOperating result 2025: €-129k€-129kNet result 2025: €-172k€-172k202320242025
The operating result turns negative in 2025: a loss of €129k after €92k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.52M
Fixed assets €1.32M ▲ 11.1%
Current assets €207k ▲ 88.9%
Equity and liabilities €1.52M
Equity €168k ▼ 50.5%
Debt €1.35M ▲ 42.1%
Debt's share of the balance-sheet total rises from 73.7% to 88.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-21k
2024 · €168k
Cash flow
€-64k
2024 · €129k
Current ratio
0.30
2024 · 0.29
Debt to equity
8.04
2024 · 2.80
ROE
-102.0%
2024 · 15.5%
ROA
-11.3%
2024 · 4.1%
Interest coverage
-0.49
2024 · 5.87
Debt ≤ 1 year
€683k
2024 · €381k
Debt > 1 year
€557k
2024 · €572k
Income taxes
€451
2024 · €14k
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€1.29M€1.52M
Fixed assets21/28€1.18M€1.32M
Tangible fixed assets22/27€1.18M€1.32M
Land and buildings22€845k€991k
Plant, machinery and equipment23€8k€30k
Furniture and vehicles24€11k€10k
Other tangible fixed assets26€310k€275k
Assets under construction and advance payments27€9k€9k=
Current assets29/58€109k€207k
Amounts receivable within one year40/41€77k€207k
Trade receivables40€22k€151k
Other amounts receivable41€55k€56k
Cash at bank and in hand54/58€7k€166
Deferred charges and accrued income490/1€25k€56
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.52M
Equity10/15€340k€168k
Contributions10/11€94k€94k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€245k€73k
Amounts payable17/49€953k€1.35M
Amounts payable after more than one year17€572k€557k
Financial debts170/4€572k€557k
Amounts payable within one year42/48€381k€683k
Current portion of amounts payable after more than one year42€148k€145k
Trade debts44€51k€16k
Suppliers440/4€51k€16k
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€26k€14k
Taxes450/3€26k€14k
Other amounts payable47/48€155k€507k
Accrued charges and deferred income492/3€0€113k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76k€108k
Other operating charges640/8€2k€9k
Gross operating margin9900€170k€-12k
Operating profit (loss)9901€92k€-129k
Financial income75/76B€4k€1k
Recurring financial income75€4k€1k
Financial charges65/66B€29k€44k
Recurring financial charges65€29k€44k
Profit (loss) for the period before taxes9903€67k€-171k
Income taxes67/77€14k€451
Profit (loss) for the period9904€53k€-172k
Profit (loss) for the period to be appropriated9905€53k€-172k
Appropriation of the result
Profit (loss) to be appropriated9906€245k€73k
Profit (loss) brought forward from the previous period14P€192k€245k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €-172k ▼426%
Net result drops to €-172k, the lowest in the series.
20-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €200kEq €257k ▲35.4%
4 profitable years in a row build equity to €257k.
21-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €71k ▲7.1%
Net result €71k, the highest in the series.
31-12
Financial Equity above €150kEq €190k ▲59.9%
3 profitable years in a row build equity to €190k.
20-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €100kEq €119k ▲37.6%
2 profitable years in a row build equity to €119k.
Show earlier events
24-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-05
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.

Directors · office · real estate

Directors
6 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, Brussel · 1 establishment unit since 2003
establishment The establishment unit on the map
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.

Keizerslaan 101000 Brussel
Ground area
2,670 m²
Building footprint
839 m²
Volume, LiDAR
13,350 m³
2 parcels, Brussels, Flanders · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Rekelstraat 37, 1980 Zemst
NACE 52450
since 20032.114.766.581
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23020D0372/00A000
ProtectedMonumentHoeve PiekaertsSource ↗
Flanders 1,999 m² 1 · 351 m² 10.6 m · 2 fl.
21808H1778/00D000 Brussels 670 m² 1 · 488 m² 27.7 m · 8 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 7,500 EUR awarded · 12,435 EUR paid
Year Entries awardedpaid
2024 1 7,500 EUR7,500 EUR
2023 1 0 EUR4,935 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 7,500 EUR · 12,435 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,210 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
47540Retail sale of electrical household appliances
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
68203Renting and operating of own or leased non-residential real estate, excluding land
95100Repair and maintenance of computers and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.