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 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIENEN INVEST MAATSCHAPPIJ from Tienen, company number BE0474161932, closed financial year 2025 with a result of € -172,877 after tax. For that financial year TIENEN INVEST MAATSCHAPPIJ recorded a gross margin of € -89,201 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € -301 to € -172,877. 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 September 22, 2026.
€ 1.6 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -172,877
▼ 57391 % more loss than in 2024
Profit after tax over the fiscal year.
€ 180
▲ € 155 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -255,036.
Debts at end 2025
€ 1.7 million
Loans from banks and other lenders, long and short.
€ 2,509
▲ € 2,375 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,205 | € -2,359 | € 83,467 | € -89,201 | ▼ € 172,668 |
| Profit after taxes | € -3,098 | € -7,658 | € -301 | € -172,877 | ▼ € 172,576 |
| Equity | € 1,780,799 | € 1,773,141 | € 1,772,841 | € 1,599,964 | ▼ 10% |
| Total debts | € 127,273 | € 1,785,053 | € 1,869,296 | € 1,957,506 | ▲ 5% |
| Cash | € 1,218 | € 158 | € 25 | € 180 | ▲ € 155 |
| Retained profit | € -74,201 | € -81,859 | € -82,159 | € -255,036 | ▼ € 172,877 |
| Bank debt | € 0 | € 1,650,000 | € 1,650,000 | € 1,650,000 | |
| Balance sheet total | € 1,908,072 | € 3,558,194 | € 3,642,136 | € 3,557,470 | ▼ 2% |
Key figures of TIENEN INVEST MAATSCHAPPIJ, 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 TIENEN INVEST MAATSCHAPPIJ?
What happened at TIENEN INVEST MAATSCHAPPIJ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luc Kestens stepped down as director. NBB
- Kris Cloots stepped down as director. NBB
- Walter Kestens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 172,877. filed late Source: NBB ↗
- Luc Kestens became a director. NBB
- Kris Cloots became a director. NBB
- Walter Kestens became a director. NBB
- New establishment in Tienen. KBO
In short
From € 3,098 loss in 2022 to € 172,877 loss in 2025.
Management
The stake of KESTENS INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TIENEN INVEST MAATSCHAPPIJThe shares are held by KESTENS INVEST (57.3%). It owns 62.1% of Vytim itself.
Directors
According to the 2025 annual accounts
Luc Kestens
Director
Also active at: KESTENS INVEST, K-PROJECTS, GRK-SERVICES, Immo Bergé, PATRIMA, SEVENTS
since 2023 · until 2029
Kris Cloots
Director
Also active at: ISS FACILITY SERVICES, KC Solutions, VOKA - Kamer van Koophandel Vlaams-Brabant, Voka Brussels Metropolitan, Vytim, Alpine Management Services
since 2023 · until 2029
Walter Kestens
Managing director
Also active at: VOKA - Kamer van Koophandel Vlaams-Brabant, KESTENS INVEST, K-PROJECTS, PROSITE, GRK-SERVICES, Immo Bergé, Vytim, TMS Industrial Services Wallonie +6 more
since 2023 · until 2029
Shareholders
57.3%
Participations
62.1%
Establishments
Establishment units
Physical locations of this company
Industriepark 51
3300 Tienen
Leuvenselaan 762
3300 Tienen
Active since 12 November 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0474.161.932
- VAT number
- BE 0474.161.932
- Registered office
- Industriepark 51, 3300 Tienen
- Names & denominations
- TIENEN INVEST MAATSCHAPPIJ · T.I.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2001
- Peppol
- Active · Active since 28 Apr 2025
- Activities · NACE
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