Financials
Financial year 2025
Tisea from Riemst, company number BE0501940554, closed financial year 2025 with a result of € 12,921 after tax. For that financial year Tisea recorded a gross margin of € 156,577 and equity of € 134,822. Compared with financial year 2024, the result moved from € 17,142 to € 12,921. The company is profitable. 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 June 24, 2026.
€ 134,822
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,921
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 134,220
▲ 232% 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 € 94,822.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 126,301
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 742
▼ 87% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,000
▼ 8% vs 2024
Loans from banks and other lenders, long and short.
€ 22,852
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,163
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 226,160 | € 186,057 | € 167,875 | € 156,577 | ▼ 7% |
| Profit after taxes | € 33,933 | € 64,706 | € 17,142 | € 12,921 | ▼ 25% |
| Equity | € 85,053 | € 104,759 | € 121,901 | € 134,822 | ▲ 11% |
| Total debts | € 220,828 | € 160,673 | € 136,392 | € 149,324 | ▲ 9% |
| Cash | € 38,609 | € 58,312 | € 40,377 | € 134,220 | ▲ 232% |
| Retained profit | € 45,053 | € 64,759 | € 81,901 | € 94,822 | ▲ 16% |
| Dividend | € 0 | € 45,000 | € 0 | € 0 | |
| Bank debt | € 57,299 | € 61,204 | € 54,236 | € 50,000 | ▼ 8% |
| Balance sheet total | € 305,881 | € 265,433 | € 258,293 | € 284,146 | ▲ 10% |
Key figures of Tisea, 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 Tisea?
What happened at Tisea in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,921 (▼ 25% vs 2024). Source: NBB ↗
- New establishment in Riemst. KBO
- Tim Smulders became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 33,933 profit in 2022 to € 12,921 profit in 2025.
Paid € 33,498 in corporate taxes since 2022.
Best year ever: 2023, with € 64,706 profit.
Paid out € 45,000 in dividends to the owners in total.
Management
Behind Tisea is Tim Smulders.
Directors
According to the 2025 annual accounts
Tim Smulders
Bestuurder
since 2012
Establishments
Establishment units
Physical locations of this company
Waterstraat 41 box a
3770 Riemst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0501.940.554
- VAT number
- BE 0501.940.554
- Registered office
- Waterstraat 41 bus a, 3770 Riemst
- Names & denominations
- Tisea
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2012
- Peppol
- Active · Active since 1 Dec 2025
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