Financials
Financial year 2025
TISACO from Gent, company number BE0679847858, closed financial year 2025 with a result of € 99,529 after tax. For that financial year TISACO recorded a gross margin of € 172,670 and equity of € 412,198. Compared with financial year 2024, the result moved from € 87,111 to € 99,529. Profitable, and profit is growing. 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 July 31, 2026.
€ 412,198
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 99,529
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 117,595
▲ € 108,086 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 120,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 10,939
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 258,111
▼ 10% vs 2024
€ 29,499 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2,462
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,177
▲ 38% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 271,295 | € 277,134 | € 152,824 | € 172,670 | ▲ 13% |
| Profit after taxes | € 176,104 | € 176,669 | € 87,111 | € 99,529 | ▲ 14% |
| Equity | € 389,139 | € 445,558 | € 432,669 | € 412,198 | ▼ 5% |
| Total debts | € 545,233 | € 413,383 | € 338,076 | € 327,097 | ▼ 3% |
| Cash | € 120,892 | € 41,803 | € 9,509 | € 117,595 | ▲ € 108,086 |
| Land & buildings | € 662,813 | € 501,278 | € 482,299 | € 463,321 | ▼ 4% |
| Retained profit | € 369,139 | € 425,558 | € 412,669 | € 392,198 | ▼ 5% |
| Dividend | € 35,000 | € 120,250 | € 100,000 | € 120,000 | ▲ 20% |
| Bank debt | € 462,641 | € 315,776 | € 287,163 | € 258,111 | ▼ 10% |
| Balance sheet total | € 934,372 | € 858,941 | € 770,745 | € 739,295 | ▼ 4% |
Key figures of TISACO, 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 TISACO?
What happened at TISACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 99,529 (▲ 14% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Tim Vandamme became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 176,104 profit in 2022 to € 99,529 profit in 2025.
Paid € 200,711 in corporate taxes since 2022.
Best year ever: 2023, with € 176,669 profit.
Paid out € 375,250 in dividends to the owners in total.
Management
Behind TISACO is Tim Vandamme.
Directors
According to the 2025 annual accounts
Tim Vandamme
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Broekstraat 33
9030 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0679.847.858
- VAT number
- BE 0679.847.858
- Registered office
- Broekstraat 33, 9030 Gent
- Names & denominations
- TISACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 August 2017
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders en boekhouders-fiscalisten