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 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIBETCO from Wezembeek-Oppem, company number BE0704739345, closed financial year 2025 with a result of € 25,918 after tax. For that financial year TIBETCO recorded a gross margin of € 28,345 and equity of € -67,423. Compared with financial year 2024, the result moved from € -111,860 to € 25,918. Profitable, and profit is growing. 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 May 27, 2026.
€ -67,423
▲ € 25,918 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,918
▲ still € 111,860 loss in 2024
Profit after tax over the fiscal year.
€ 28,837
▼ 7% 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 € -75,423.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 222
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 556
▼ 33% 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 | € -35,288 | € -20,744 | € 19,687 | € 28,345 | ▲ 44% |
| Profit after taxes | € -31,665 | € -22,729 | € -111,860 | € 25,918 | ▲ € 137,779 |
| Equity | € 41,248 | € 18,519 | € -93,342 | € -67,423 | ▲ € 25,918 |
| Total debts | € 95,560 | € 119,312 | € 131,425 | € 108,367 | ▼ 18% |
| Cash | € 4,276 | € 4,338 | € 31,014 | € 28,837 | ▼ 7% |
| Retained profit | € 33,248 | € 10,519 | € -101,342 | € -75,423 | ▲ € 25,918 |
| Balance sheet total | € 136,808 | € 137,831 | € 38,084 | € 40,944 | ▲ 8% |
Key figures of TIBETCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to TIBETCO?
What happened at TIBETCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,918. filed late Source: NBB ↗
- New establishment in Wezembeek-Oppem. KBO
- Thibault Heyvaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,665 loss in 2022 to € 25,918 profit in 2025.
Paid € 137 in corporate taxes since 2022.
Best year ever: 2025, with € 25,918 profit.
Management
Behind TIBETCO is Thibault Heyvaert.
Directors
According to the 2025 annual accounts
Thibault Heyvaert
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Wilde Zwanenlaan 18
1970 Wezembeek-Oppem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0704.739.345
- VAT number
- BE 0704.739.345
- Registered office
- Wilde Zwanenlaan 18, 1970 Wezembeek-Oppem
- Names & denominations
- TIBETCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2018
- Peppol
- Active · Active since 27 Feb 2026
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