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 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TITANS from Merelbeke-Melle, company number BE0447684692, closed financial year 2025 with a result of € 4,810 after tax. For that financial year TITANS recorded a gross margin of € 52,116 and equity of € 362,107. Compared with financial year 2024, the result moved from € 2,087 to € 4,810. Profitable, and profit is growing. 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 September 30, 2026.
€ 362,107
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,810
▲ 130% vs 2024
Profit after tax over the fiscal year.
€ 7,210
▼ 20% 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 € 299,607.
People and assets in 2025
€ 3,453
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 354,182
▼ 27% vs 2024
€ 3,156 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 341
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,513
▼ 60% 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 | € 88,705 | € 72,720 | € 58,912 | € 52,116 | ▼ 12% |
| Profit after taxes | € 48,249 | € 9,292 | € 2,087 | € 4,810 | ▲ 130% |
| Equity | € 345,918 | € 355,209 | € 357,296 | € 362,107 | ▲ 1% |
| Total debts | € 787,963 | € 626,663 | € 676,778 | € 378,912 | ▼ 44% |
| Cash | € 19,217 | € 4,936 | € 8,993 | € 7,210 | ▼ 20% |
| Retained profit | € 283,418 | € 292,709 | € 294,796 | € 299,607 | ▲ 2% |
| Bank debt | € 571,970 | € 504,336 | € 487,600 | € 354,182 | ▼ 27% |
| Balance sheet total | € 1,133,880 | € 981,872 | € 1,034,074 | € 741,019 | ▼ 28% |
Key figures of TITANS, 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 TITANS?
What happened at TITANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,810 (▲ 130% vs 2024). filed late Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,249 profit in 2022 to € 4,810 profit in 2025.
Paid € 28,949 in corporate taxes since 2022.
Best year ever: 2022, with € 48,249 profit.
Management
Behind TITANS is Eric Van de Wynkele. Eric Van de Wynkele is also behind Manacor Invest, Casteels Vastgoed and Krediet- en Verzekeringswynkel.
Directors
According to the 2025 annual accounts
Eric Van de Wynkele
Director
Also active at: Manacor Invest, Casteels Vastgoed, Krediet- en Verzekeringswynkel
Establishments
Establishment units
Physical locations of this company
Hundelgemsesteenweg 230
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0447.684.692
- VAT number
- BE 0447.684.692
- Registered office
- Hundelgemsesteenweg 230, 9820 Merelbeke-Melle
- Names & denominations
- TITANS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1992
- Peppol
- Active · Active since 22 Jan 2026
- Activities · NACE
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