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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIBATO from Westerlo, company number BE0447543647, closed financial year 2025 with a result of € -7,968 after tax. For that financial year TIBATO recorded a gross margin of € 9,536 and equity of € 129,359. Compared with financial year 2024, the result moved from € -715 to € -7,968. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 129,359
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,968
▼ 1014 % more loss than in 2024
Profit after tax over the fiscal year.
€ 12,962
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 98,840.
People and assets in 2025
€ 12,643
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7,231
▼ 58% vs 2024
Loans from banks and other lenders, long and short.
€ 1,244
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,993
▼ 29% 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 | € -4,721 | € 13,851 | € 13,352 | € 9,536 | ▼ 29% |
| Profit after taxes | € -18,727 | € 371 | € -715 | € -7,968 | ▼ € 7,253 |
| Equity | € 137,670 | € 138,042 | € 137,327 | € 129,359 | ▼ 6% |
| Total debts | € 70,378 | € 56,259 | € 47,526 | € 37,471 | ▼ 21% |
| Cash | € 32,274 | € 30,763 | € 33,377 | € 12,962 | ▼ 61% |
| Land & buildings | € 190,672 | € 177,606 | € 164,541 | € 151,475 | ▼ 8% |
| Retained profit | € 107,152 | € 107,523 | € 106,808 | € 98,840 | ▼ 7% |
| Bank debt | € 38,735 | € 27,551 | € 17,035 | € 7,231 | ▼ 58% |
| Balance sheet total | € 226,700 | € 212,028 | € 201,654 | € 182,707 | ▼ 9% |
Key figures of TIBATO, 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 TIBATO?
What happened at TIBATO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,968. Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,727 loss in 2022 to € 7,968 loss in 2025.
Paid € 706 in corporate taxes since 2022.
Best year ever: 2023, with € 371 profit.
Establishments
Establishment units
Physical locations of this company
Brugstraat 10
2260 Westerlo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.543.647
- VAT number
- BE 0447.543.647
- Registered office
- Brugstraat 10, 2260 Westerlo
- Names & denominations
- TIBATO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 1992
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Schrijnwerk
Metaalschrijnwerk
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Vervaardiging van metalen deuren en vensters
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Vervaardiging van metalen ramen, deuren, wanden en dergelijke