Warning lights
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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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 31.2 to 24.3.
Financials
Financial year 2025
Tavelmo from Deerlijk, company number BE0405368839, closed financial year 2025 with a result of € 87,222 after tax. For that financial year Tavelmo recorded a gross margin of € 1.3 million and equity of € 762,284. Compared with financial year 2024, the result moved from € 4,488 to € 87,222. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 762,284
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,222
▲ € 82,734 vs 2024
Profit after tax over the fiscal year.
€ 34,861
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -73,378.
People and assets in 2025
24.3
▼ 4.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 3% vs 2024
€ 45,600 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.
€ 13,310
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 6% vs 2024
€ 92,857 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 303,618
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 248,003
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 994,422 | € 1,115,397 | € 1,301,975 | € 1,349,379 | ▲ 4% |
| Profit after taxes | € -167,750 | € -78,749 | € 4,488 | € 87,222 | ▲ € 82,734 |
| Equity | € 749,323 | € 670,574 | € 675,062 | € 762,284 | ▲ 13% |
| Total debts | € 2,535,396 | € 2,628,999 | € 2,555,815 | € 2,810,611 | ▲ 10% |
| Cash | € 309,942 | € 94,764 | € 63,562 | € 34,861 | ▼ 45% |
| Retained profit | € -86,339 | € -165,088 | € -160,600 | € -73,378 | ▲ € 87,222 |
| Bank debt | € 1,005,769 | € 1,439,589 | € 1,434,721 | € 1,341,666 | ▼ 6% |
| Balance sheet total | € 3,284,719 | € 3,299,573 | € 3,230,877 | € 3,572,895 | ▲ 11% |
| Employees (FTE) | 33.8 | 31.2 | 28.5 | 24.3 | ▼ 4.2 |
Key figures of Tavelmo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Tavelmo?
What happened at Tavelmo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier Hellyn stepped down as director. NBB
- Frans Hellyn stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 87,222 (▲ € 82,734 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Deerlijk. KBO
In short
From € 167,750 loss in 2022 to € 87,222 profit in 2025.
Paid € 7,003 in corporate taxes since 2022.
Best year ever: 2025, with € 87,222 profit.
On average € 55,500 of value added per employee in 2025.
Management
The stake of HELIO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TavelmoThe shares are held by HELIO (99.4%).
Directors
According to the 2025 annual accounts
Shareholders
99.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 72
8540 Deerlijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.368.839
- VAT number
- BE 0405.368.839
- Registered office
- Nijverheidslaan 72, 8540 Deerlijk
- Names & denominations
- Tavelmo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 1964
- Peppol
- Active · Active since 31 Oct 2025
- Activities · NACE
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