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 28 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
TIVAN from Oostende, company number BE0449898470, closed financial year 2024 with a result of € 147,740 after tax. For that financial year TIVAN recorded a gross margin of € 250,184 and equity of € 417,325. Compared with financial year 2023, the result moved from € -26,397 to € 147,740. 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 August 25, 2025.
€ 417,325
▲ 55% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 147,740
▲ still € 26,397 loss in 2023
Profit after tax over the fiscal year.
€ 42,057
▼ 35% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -48,675.
People and assets in 2024
€ 6,964
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 465,000
Loans from banks and other lenders, long and short.
€ 8,331
▲ 267% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 49,885 | € 31,242 | € 34,326 | € 250,184 | ▲ € 215,858 |
| Profit after taxes | € -12,288 | € -28,155 | € -26,397 | € 147,740 | ▲ € 174,137 |
| Equity | € 324,138 | € 295,982 | € 269,586 | € 417,325 | ▲ 55% |
| Total debts | € 740,788 | € 731,618 | € 741,557 | € 695,872 | ▼ 6% |
| Cash | € 57,361 | € 44,307 | € 64,778 | € 42,057 | ▼ 35% |
| Land & buildings | € 899,560 | € 878,931 | € 858,302 | € 668,585 | ▼ 22% |
| Retained profit | € -141,862 | € -170,018 | € -196,414 | € -48,675 | ▲ € 147,740 |
| Bank debt | € 465,000 | € 465,000 | € 465,000 | € 465,000 | |
| Balance sheet total | € 1,064,926 | € 1,027,601 | € 1,011,143 | € 1,113,197 | ▲ 10% |
Key figures of TIVAN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TIVAN?
What happened at TIVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sofie Timmermans stepped down as director. NBB
- Griet Van de Velde stepped down as director. NBB
- Frank Timmermans stepped down as director. NBB
- Liesbeth Timmermans stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 147,740. filed late Source: NBB ↗
- Sofie Timmermans became a director. NBB
- Griet Van de Velde became a director. NBB
- Frank Timmermans became a director. NBB
In short
From € 12,288 loss in 2021 to € 147,740 profit in 2024.
Best year ever: 2024, with € 147,740 profit.
A new publication or filing at TIVAN? 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
Directors
According to the 2024 annual accounts
since 2022 · until 2028
Griet Van de Velde
Director
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Kursaal-Westhelling 6 box .0507
8400 Oostende
Fazantenlaan 17
9470 Denderleeuw
Active since 18 May 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0449.898.470
- VAT number
- BE 0449.898.470
- Registered office
- Kursaal-Westhelling 6 bus .0507, 8400 Oostende
- Names & denominations
- TIVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 1993
- Peppol
- Not registered