Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO-TIJTGAT from Zulte, company number BE0429478386, closed financial year 2025 with a result of € 57,297 after tax. For that financial year IMMO-TIJTGAT recorded a gross margin of € 874,899 and equity of € 13.2 million. Compared with financial year 2024, the result moved from € 58,822 to € 57,297. 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.
€ 13.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,297
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 45,646
▼ 38% 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 € -228,990.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 1.4 million
▼ 25% vs 2024
€ 473,340 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,378
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,352
▲ 95% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 886,676 | € 725,657 | € 823,625 | € 874,899 | ▲ 6% |
| Profit after taxes | € 146,213 | € 26,220 | € 58,822 | € 57,297 | ▼ 3% |
| Equity | € 13,068,408 | € 13,094,629 | € 13,153,450 | € 13,210,748 | |
| Total debts | € 4,858,371 | € 5,452,785 | € 5,921,167 | € 5,927,124 | |
| Cash | € 103,363 | € 150,901 | € 73,898 | € 45,646 | ▼ 38% |
| Land & buildings | € 13,288,063 | € 13,549,745 | € 13,908,083 | € 13,807,600 | ▼ 1% |
| Retained profit | € -371,329 | € -345,109 | € -286,287 | € -228,990 | ▲ € 57,297 |
| Bank debt | € 2,463,271 | € 2,339,931 | € 1,874,786 | € 1,401,446 | ▼ 25% |
| Balance sheet total | € 17,963,634 | € 18,582,318 | € 19,107,572 | € 19,168,877 |
Key figures of IMMO-TIJTGAT, 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 IMMO-TIJTGAT?
What happened at IMMO-TIJTGAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 57,297 (▼ 3% vs 2024). Source: NBB ↗
- Matthias Tijtgat stepped down as director. NBB
- Asfalt En Isolatie Systemen NV stepped down as director. NBB
- Anthony Tijtgat stepped down as director. NBB
- Inge Tijtgat stepped down as director. NBB
- Matthias Tijtgat became a director. NBB
- Asfalt En Isolatie Systemen NV became a director. NBB
- Anthony Tijtgat became a director. NBB
In short
From € 146,213 profit in 2022 to € 57,297 profit in 2025.
Best year ever: 2022, with € 146,213 profit.
Management
The stake of ASFALT EN ISOLATIE SYSTEMEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO-TIJTGATThe 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, Tijtgat-Asphaltbedrijf
since 2020 · until 2026
since 2020 · until 2026
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
- 0429.478.386
- VAT number
- BE 0429.478.386
- Registered office
- Leenstraat 137, 9870 Zulte
- Names & denominations
- IMMO-TIJTGAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 1986
- Peppol
- Active · Active since 5 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handelsbemiddeling in de groothandel in andere specifieke goederen