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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2024
TYROLIT from Merchtem, company number BE0402150023, closed financial year 2024 with a result of € 69,516 after tax. For that financial year TYROLIT recorded a gross margin of € 3 million and equity of € 1.3 million. Compared with financial year 2023, the result moved from € 226,255 to € 69,516. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2025.
€ 1.3 million
▲ 6% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,516
▼ 69% vs 2023
Profit after tax over the fiscal year.
€ 6,527
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 511,901.
People and assets in 2024
22.2
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▼ 5% vs 2023
€ 111,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 113,103
▲ 49% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.2 million
Loans from banks and other lenders, long and short.
€ 1 million
▲ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 624,977
▲ 72% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,955,502 | € 2,832,888 | € 3,064,911 | € 2,951,845 | ▼ 4% |
| Profit after taxes | € 347,574 | € 124,204 | € 226,255 | € 69,516 | ▼ 69% |
| Equity | € 861,927 | € 986,131 | € 1,212,385 | € 1,281,901 | ▲ 6% |
| Total debts | € 1,928,891 | € 1,857,331 | € 3,691,756 | € 4,493,672 | ▲ 22% |
| Cash | € 4,990 | € 5,728 | € 6,552 | € 6,527 | |
| Land & buildings | € 0 | € 0 | € 2,337,091 | € 2,657,284 | ▲ 14% |
| Retained profit | € 91,927 | € 216,131 | € 442,385 | € 511,901 | ▲ 16% |
| Bank debt | € 9,067 | € 0 | € 2,200,000 | € 2,200,000 | |
| Balance sheet total | € 2,825,457 | € 2,872,940 | € 4,904,141 | € 5,864,801 | ▲ 20% |
| Employees (FTE) | 23 | 22.7 | 0 | 22.2 |
Key figures of TYROLIT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TYROLIT?
What happened at TYROLIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Peter DOLLINGER stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 69,516 (▼ 69% vs 2023). filed late Source: NBB ↗
- Andreas SAUERWEIN stepped down as director. NBB
- Peter DOLLINGER became a director. NBB
- Andreas SAUERWEIN became a director. NBB
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 347,574 profit in 2021 to € 69,516 profit in 2024.
Paid € 10,669 in corporate taxes since 2021.
Best year ever: 2021, with € 347,574 profit.
On average € 133,000 of value added per employee in 2024.
Management
The shares are held by Tysa Holding SA (100%) and Tyrolit Finanz AG (0%).
Directors
According to the 2024 annual accounts
Andreas SAUERWEIN
Director
since 2018 · until 2024
Peter DOLLINGER
Director
since 2021 · until 2027
Shareholders
Tysa Holding SA
100%
Tyrolit Finanz AG
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Preenakker 23
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.150.023
- VAT number
- BE 0402.150.023
- Registered office
- Preenakker 23, 1785 Merchtem
- Names & denominations
- TYROLIT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1929
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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