Financials
Financial year 2025
ASFALT EN ISOLATIE SYSTEMEN from Zulte, company number BE0416578277, closed financial year 2025 with a result of € 2.9 million after tax. For that financial year ASFALT EN ISOLATIE SYSTEMEN recorded a gross margin of € 3 million and equity of € 38.3 million. Compared with financial year 2024, the result moved from € 2.9 million to € 2.9 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 38.3 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.9 million
Profit after tax over the fiscal year.
€ 2.1 million
▼ 22% 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 € 38 million.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 310,089
▲ 3% vs 2024
€ 103,400 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.
€ 618,415
▼ 21% 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.
€ 47,297
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 438,874
▲ 124% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,510,269 | € 3,078,500 | € 2,481,299 | € 2,965,323 | ▲ 20% |
| Profit after taxes | € 1,533,024 | € 2,842,782 | € 2,939,164 | € 2,939,031 | |
| Equity | € 29,637,611 | € 32,467,730 | € 35,374,173 | € 38,296,482 | ▲ 8% |
| Total debts | € 6,476,887 | € 6,292,751 | € 6,273,677 | € 6,358,712 | ▲ 1% |
| Cash | € 4,626,407 | € 1,362,061 | € 2,690,263 | € 2,089,859 | ▼ 22% |
| Retained profit | € 29,387,381 | € 32,217,501 | € 35,123,944 | € 38,046,253 | ▲ 8% |
| Bank debt | € 170,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 36,114,498 | € 38,760,481 | € 41,647,850 | € 44,655,194 | ▲ 7% |
| Employees (FTE) | 5.3 | 3 | 3 | 3 |
Key figures of ASFALT EN ISOLATIE SYSTEMEN, 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 ASFALT EN ISOLATIE SYSTEMEN?
What happened at ASFALT EN ISOLATIE SYSTEMEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Franck Tijtgat stepped down as director. NBB
- Tito BV stepped down as director. NBB
- Matico BV stepped down as director. NBB
- Inge Tijtgat stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.9 million. Source: NBB ↗
- Franck Tijtgat became a director. NBB
- Tito BV became a director. NBB
- Matico BV became a director. NBB
In short
From € 1.5 million profit in 2022 to € 2.9 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.9 million profit.
On average € 988,400 of value added per employee in 2025.
A new publication or filing at ASFALT EN ISOLATIE SYSTEMEN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 100% of Gent Asfalt NV, 100% of Immo Tijtgat NV and 100% of Asphaltbedrijf Tijtgat NV itself.
Directors
According to the 2025 annual accounts
Franck Tijtgat
Managing director
Also active at: Gent-Asfalt, Tijtgat-Asphaltbedrijf, IMMO-TIJTGAT, GRENSVERLEGGEND
since 2025 · until 2030
Director · represented by Anthony Tijtgat
since 2025 · until 2030
Director · represented by Matthias Tijtgat
since 2025 · until 2030
since 2025 · until 2030
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
- 0416.578.277
- VAT number
- BE 0416.578.277
- Registered office
- Leenstraat 137, 9870 Zulte
- Names & denominations
- ASFALT EN ISOLATIE SYSTEMEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 1976
- Peppol
- Active · Active since 5 Feb 2026
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Loodgieterswerk
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
+1