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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 2 % 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
TIJO from Olen, company number BE0473059397, closed financial year 2024 with a result of € -16,752 after tax. For that financial year TIJO recorded a gross margin of € -7,258 and equity of € -77,017. Compared with financial year 2023, the result moved from € 16,980 to € -16,752. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2025.
€ -77,017
▼ € 16,752 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,752
▼ still € 16,980 profit in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -95,617.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 16,262
▼ 21% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 15,232
▼ 80% vs 2023
€ 5,107 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,664
▼ 88% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,073
▼ 60% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 24,496 | € 17,771 | € 36,546 | € -7,258 | ▼ € 43,804 |
| Profit after taxes | € -16,983 | € 6,312 | € 16,980 | € -16,752 | ▼ € 33,731 |
| Equity | € -83,557 | € -77,245 | € -60,266 | € -77,017 | ▼ € 16,752 |
| Total debts | € 204,822 | € 197,368 | € 134,672 | € 98,997 | ▼ 26% |
| Cash | € 8,434 | € 8,534 | € 0 | - | |
| Land & buildings | € 3,532 | € 5,053 | € 4,152 | € 3,251 | ▼ 22% |
| Retained profit | € -102,157 | € -95,845 | € -78,866 | € -95,617 | ▼ € 16,752 |
| Bank debt | € 51,677 | € 45,145 | € 75,999 | € 15,232 | ▼ 80% |
| Balance sheet total | € 121,264 | € 120,123 | € 74,407 | € 21,980 | ▼ 70% |
Key figures of TIJO, 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 TIJO?
What happened at TIJO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 16,752 (▼ € 33,731 vs 2023). filed late Source: NBB ↗
- Jo Gielis became a director. NBB
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,983 loss in 2021 to € 16,752 loss in 2024.
Paid € 5,100 in corporate taxes since 2021.
Best year ever: 2023, with € 16,980 profit.
Management
Behind TIJO is Jo Gielis.
Directors
According to the 2024 annual accounts
Jo Gielis
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Het Bremmeken 17 box B
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
SQUARESPACE - Squarespace, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0473.059.397
- VAT number
- BE 0473.059.397
- Registered office
- Het Bremmeken 17 bus B, 2250 Olen
- Names & denominations
- TIJO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2000
- Peppol
- Not registered
- Activities · NACE
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte