TIBO is a property company in Waasmunster. Private Limited, started on 24 August 2000, 1 establishment.

What is the address of TIBO?

The registered office of TIBO is located at Lentelaan 1 box A, 9250 Waasmunster.

Is TIBO still active?

Yes. According to the CBE (31 October 2026) TIBO is active, legal situation “Normale toestand”, started on 24 August 2000.

Is TIBO registered on Peppol?

Yes, TIBO is registered on the Peppol network with ID 0208:0472617256.

What is the enterprise number of TIBO?

The enterprise number of TIBO is BE0472617256.

When was TIBO founded?

TIBO was founded on 24 August 2000.

Who are the directors of TIBO?

According to the 2025 annual accounts, the directors of TIBO are: Kurt Verellen, Kathleen Vendelmans.

Is TIBO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 August 2000; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did TIBO make in 2025?

TIBO recorded a loss after taxes of € 164,824 in financial year 2025.

What is the revenue of TIBO?

As a small company, TIBO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 43,599.

TIBO (Private Limited) - Waasmunster - BE0472617256

Dossier TIBO, printed on 31 October 2026 from databakkes.be/en/0472617256/tibo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

TIBO from Waasmunster, company number BE0472617256, closed financial year 2025 with a result of € -164,824 after tax. For that financial year TIBO recorded a gross margin of € 43,599 and equity of € 354,767. Compared with financial year 2024, the result moved from € -119,204 to € -164,824. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.

What it is worth Healthy

€ 354,767

▼ 32% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -164,824

▼ 38 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 807,852

▲ 15% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 336,167.

People and assets in 2025

Vehicles and equipment

€ 15,124

▼ 36% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 16 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.5 million

▼ 5% vs 2024

€ 64,925 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.

Owed to suppliers

€ 8,868

▼ 17% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,379

▼ 19% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 49,568 Gross margin 2022: € 49,568 First fiscal year in the series	€ 61,561 Gross margin 2023: € 61,561 ▲ 24% vs 2022 (€ 49,568) Favourable step	€ -20,526 Gross margin 2024: € -20,526 ▼ € 82,087 vs 2023 (€ 61,561) Unfavourable step	€ 43,599 Gross margin 2025: € 43,599 ▲ € 64,125 vs 2024 (€ -20,526) Favourable step	▲ € 64,125
Profit after taxes	€ -75,079 Profit after taxes 2022: € -75,079 First fiscal year in the series	€ -1,977 Profit after taxes 2023: € -1,977 ▲ € 73,102 vs 2022 (€ -75,079) Favourable step	€ -119,204 Profit after taxes 2024: € -119,204 ▼ € 117,227 vs 2023 (€ -1,977) Unfavourable step	€ -164,824 Profit after taxes 2025: € -164,824 ▼ € 45,620 vs 2024 (€ -119,204) Unfavourable step	▼ € 45,620
Equity	€ 640,771 Equity 2022: € 640,771 First fiscal year in the series	€ 638,794 Equity 2023: € 638,794 Unchanged (€ 640,771) Unfavourable step	€ 519,591 Equity 2024: € 519,591 ▼ 19% vs 2023 (€ 638,794) Unfavourable step	€ 354,767 Equity 2025: € 354,767 ▼ 32% vs 2024 (€ 519,591) Unfavourable step	▼ 32%
Total debts	€ 1,479,762 Total debts 2022: € 1,479,762 First fiscal year in the series	€ 1,878,731 Total debts 2023: € 1,878,731 ▲ 27% vs 2022 (€ 1,479,762) Unfavourable step	€ 2,051,326 Total debts 2024: € 2,051,326 ▲ 9% vs 2023 (€ 1,878,731) Unfavourable step	€ 1,977,086 Total debts 2025: € 1,977,086 ▼ 4% vs 2024 (€ 2,051,326) Favourable step	▼ 4%
Cash	€ 372,049 Cash 2022: € 372,049 First fiscal year in the series	€ 166,379 Cash 2023: € 166,379 ▼ 55% vs 2022 (€ 372,049) Unfavourable step	€ 701,643 Cash 2024: € 701,643 ▲ € 535,264 vs 2023 (€ 166,379) Favourable step	€ 807,852 Cash 2025: € 807,852 ▲ 15% vs 2024 (€ 701,643) Favourable step	▲ 15%
Land & buildings	€ 878,523 Land & buildings 2022: € 878,523 First fiscal year in the series	€ 619,461 Land & buildings 2023: € 619,461 ▼ 29% vs 2022 (€ 878,523) Unchanged	€ 813,362 Land & buildings 2024: € 813,362 ▲ 31% vs 2023 (€ 619,461) Unchanged	€ 768,630 Land & buildings 2025: € 768,630 ▼ 5% vs 2024 (€ 813,362) Unchanged	▼ 5%
Retained profit	€ 622,171 Retained profit 2022: € 622,171 First fiscal year in the series	€ 620,194 Retained profit 2023: € 620,194 Unchanged (€ 622,171) Unfavourable step	€ 500,991 Retained profit 2024: € 500,991 ▼ 19% vs 2023 (€ 620,194) Unfavourable step	€ 336,167 Retained profit 2025: € 336,167 ▼ 33% vs 2024 (€ 500,991) Unfavourable step	▼ 33%
Bank debt	€ 1,261,166 Bank debt 2022: € 1,261,166 First fiscal year in the series	€ 1,612,443 Bank debt 2023: € 1,612,443 ▲ 28% vs 2022 (€ 1,261,166) Unfavourable step	€ 1,533,073 Bank debt 2024: € 1,533,073 ▼ 5% vs 2023 (€ 1,612,443) Favourable step	€ 1,460,923 Bank debt 2025: € 1,460,923 ▼ 5% vs 2024 (€ 1,533,073) Favourable step	▼ 5%
Balance sheet total	€ 2,120,533 Balance sheet total 2022: € 2,120,533 First fiscal year in the series	€ 2,517,525 Balance sheet total 2023: € 2,517,525 ▲ 19% vs 2022 (€ 2,120,533) Unchanged	€ 2,570,917 Balance sheet total 2024: € 2,570,917 ▲ 2% vs 2023 (€ 2,517,525) Unchanged	€ 2,331,853 Balance sheet total 2025: € 2,331,853 ▼ 9% vs 2024 (€ 2,570,917) Unchanged	▼ 9%

Key figures of TIBO, 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 TIBO?

What happened at TIBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 15, 2026 New annual accounts for financial year 2025: loss of € 164,824. Source: NBB ↗
2014 Kurt Verellen became a director. NBB
Feb 5, 2002 New establishment in Waasmunster. KBO
Aug 24, 2000 Start of the company according to the CBE. KBO
2000 Kathleen Vendelmans became a director. NBB

In short

From € 75,079 loss in 2022 to € 164,824 loss in 2025.

Paid € 2,422 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

Management

Kurt Verellen

Kathleen Vendelmans

TIBO

DEVERWIN 33.3%

Behind TIBO are Kurt Verellen and Kathleen Vendelmans. It owns 33.3% of DEVERWIN itself.

Directors

According to the 2025 annual accounts

Kurt Verellen

Director

Also active at: Imotie, DEVERWIN

since 2014

Kathleen Vendelmans

Director

since 2000

Establishments

Establishment units

Physical locations of this company

Registered office

Lentelaan 1 box A

9250 Waasmunster

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 →

Chiropraxie Van Landeghem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0472.617.256

VAT number

BE 0472.617.256

Registered office

Lentelaan 1 bus A, 9250 Waasmunster

Names & denominations

TIBO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

24 August 2000

Peppol

Active · Active since 31 Oct 2023

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Schoonheidsverzorging en andere schoonheidsbehandelingen

Activiteiten op het gebied van voeding

Handel in eigen onroerend goed

Schoonheidszorg

Schoonheidsverzorging

View on CBE Public ↗ Annual accounts (NBB) ↗

TIBO

Warning lights

Financials

What happened to TIBO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions