Financials
Financial year 2025
Tijtgat-Asphaltbedrijf from Zulte, company number BE0413906324, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year Tijtgat-Asphaltbedrijf recorded revenue of € 26.8 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.6 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.
€ 2.4 million
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 517,294
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
87.1
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.3 million
▲ 8% vs 2024
€ 60,400 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.
€ 77,922
▲ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.3 million
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 23 days on average.
€ 313,796
▲ 115% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,986,632 | € 29,131,143 | € 26,458,836 | € 26,766,675 | ▲ 1% |
| Profit after taxes | € 581,409 | € 2,014,744 | € 1,660,143 | € 1,586,339 | ▼ 4% |
| Equity | € 2,321,323 | € 2,753,213 | € 2,840,071 | € 2,421,410 | ▼ 15% |
| Total debts | € 5,982,991 | € 7,125,840 | € 4,265,993 | € 4,542,830 | ▲ 6% |
| Cash | € 433,349 | € 253,575 | € 534,247 | € 517,294 | ▼ 3% |
| Retained profit | € 1,875,115 | € 2,307,005 | € 2,393,863 | € 1,975,202 | ▼ 17% |
| Dividend | € 575,000 | € 1,550,000 | € 1,550,000 | € 1,980,000 | ▲ 28% |
| Bank debt | € 1,175,000 | € 1,075,000 | € 0 | € 0 | |
| Balance sheet total | € 8,466,463 | € 10,035,002 | € 7,262,014 | € 6,964,240 | ▼ 4% |
| Employees (FTE) | 89.1 | 84.9 | 86.3 | 87.1 | ▲ 0.8 |
Key figures of Tijtgat-Asphaltbedrijf, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to Tijtgat-Asphaltbedrijf?
What happened at Tijtgat-Asphaltbedrijf in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Inge Tijtgat stepped down as director. NBB
- Asfalt En Isolatie Systemen NV stepped down as director. NBB
- Anthony Tijtgat stepped down as director. NBB
- Matthias Tijtgat stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.6 million (▼ 4% vs 2024). Source: NBB ↗
- Inge Tijtgat became a director. NBB
- Asfalt En Isolatie Systemen NV became a director. NBB
- Anthony Tijtgat became a director. NBB
In short
From € 581,409 profit in 2022 to € 1.6 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 2 million profit.
Paid out € 5.7 million in dividends to the owners in total.
Management
The stake of ASFALT EN ISOLATIE SYSTEMEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Tijtgat-AsphaltbedrijfThe shares are held by ASFALT EN ISOLATIE SYSTEMEN (100%).
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Asfalt En Isolatie Systemen NV
Managing director · represented by Franck TIJTGAT
Also active at: Gent-Asfalt, IMMO-TIJTGAT
since 2020 · until 2026
Anthony Tijtgat
Director
Also active at: Gent-Asfalt, ASFALT EN ISOLATIE SYSTEMEN, IMMO-TIJTGAT, TITO
since 2020 · until 2026
Matthias Tijtgat
Director
Also active at: Gent-Asfalt, ASFALT EN ISOLATIE SYSTEMEN, IMMO-TIJTGAT, Matico
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leenstraat 137
9870 Zulte
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
- 0413.906.324
- VAT number
- BE 0413.906.324
- Registered office
- Leenstraat 137, 9870 Zulte
- Names & denominations
- Tijtgat-Asphaltbedrijf
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1974
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies