Tisaco is an electrical contractor in Herzele. Private Limited, started on 29 July 2019, 1 establishment.

What is the address of Tisaco?

The registered office of Tisaco is located at Dreefstraat 18 box a, 9552 Herzele.

Is Tisaco still active?

Yes. According to the CBE (17 September 2026) Tisaco is active, legal situation “Normale toestand”, started on 29 July 2019.

Is Tisaco registered on Peppol?

Yes, Tisaco is registered on the Peppol network with ID 0208:0731674265.

What is the enterprise number of Tisaco?

The enterprise number of Tisaco is BE0731674265.

When was Tisaco founded?

Tisaco was founded on 29 July 2019.

Who are the directors of Tisaco?

According to the 2025 annual accounts, the directors of Tisaco are: Ronny Lievens.

Is Tisaco a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 July 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Tisaco make in 2025?

Tisaco posted a profit after taxes of € 380,102 in financial year 2025.

What is the revenue of Tisaco?

As a small company, Tisaco is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 722,686.

How much does an employee at Tisaco earn?

The average wage cost per full-time employee at Tisaco was € 54,500 in 2025: staff costs of € 179,727 for 3.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Tisaco have?

According to the 2025 annual accounts, Tisaco has 3.3 full-time equivalents (FTE).

Tisaco (Private Limited) - Herzele - BE0731674265

Dossier Tisaco, printed on 17 September 2026 from databakkes.be/en/0731674265/tisaco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Tisaco from Herzele, company number BE0731674265, closed financial year 2025 with a result of € 380,102 after tax. For that financial year Tisaco recorded a gross margin of € 722,686 and equity of € 925,414. Compared with financial year 2024, the result moved from € 230,484 to € 380,102. Profitable, and profit is growing. 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 23, 2026.

What it is worth Growing

€ 925,414

▲ 70% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 380,102

▲ 65% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 65,458

▼ 63% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 924,414.

People and assets in 2025

Full-time equivalents

3.3

▲ 1.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 179,727

▲ 81% vs 2024

€ 54,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 104,521

▲ 11% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 19 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 655,208

€ 34,367 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.

Owed to suppliers

€ 119,282

▼ 17% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 77,235

▼ 41% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 210,798 Gross margin 2022: € 210,798 First fiscal year in the series	€ 315,126 Gross margin 2023: € 315,126 ▲ 49% vs 2022 (€ 210,798) Favourable step	€ 460,645 Gross margin 2024: € 460,645 ▲ 46% vs 2023 (€ 315,126) Favourable step	€ 722,686 Gross margin 2025: € 722,686 ▲ 57% vs 2024 (€ 460,645) Favourable step	▲ 57%
Profit after taxes	€ 107,380 Profit after taxes 2022: € 107,380 First fiscal year in the series	€ 193,541 Profit after taxes 2023: € 193,541 ▲ 80% vs 2022 (€ 107,380) Favourable step	€ 230,484 Profit after taxes 2024: € 230,484 ▲ 19% vs 2023 (€ 193,541) Favourable step	€ 380,102 Profit after taxes 2025: € 380,102 ▲ 65% vs 2024 (€ 230,484) Favourable step	▲ 65%
Equity	€ 140,697 Equity 2022: € 140,697 First fiscal year in the series	€ 334,238 Equity 2023: € 334,238 ▲ 138% vs 2022 (€ 140,697) Favourable step	€ 545,312 Equity 2024: € 545,312 ▲ 63% vs 2023 (€ 334,238) Favourable step	€ 925,414 Equity 2025: € 925,414 ▲ 70% vs 2024 (€ 545,312) Favourable step	▲ 70%
Total debts	€ 468,393 Total debts 2022: € 468,393 First fiscal year in the series	€ 231,287 Total debts 2023: € 231,287 ▼ 51% vs 2022 (€ 468,393) Favourable step	€ 373,610 Total debts 2024: € 373,610 ▲ 62% vs 2023 (€ 231,287) Unfavourable step	€ 873,856 Total debts 2025: € 873,856 ▲ 134% vs 2024 (€ 373,610) Unfavourable step	▲ 134%
Cash	€ 98,552 Cash 2022: € 98,552 First fiscal year in the series	€ 183,014 Cash 2023: € 183,014 ▲ 86% vs 2022 (€ 98,552) Favourable step	€ 178,197 Cash 2024: € 178,197 ▼ 3% vs 2023 (€ 183,014) Unfavourable step	€ 65,458 Cash 2025: € 65,458 ▼ 63% vs 2024 (€ 178,197) Unfavourable step	▼ 63%
Land & buildings	-	-	€ 3,797 Land & buildings 2024: € 3,797 First fiscal year in the series	€ 737,010 Land & buildings 2025: € 737,010 ▲ € 733,213 vs 2024 (€ 3,797) Unchanged	▲ € 733,213
Retained profit	€ 139,697 Retained profit 2022: € 139,697 First fiscal year in the series	€ 333,238 Retained profit 2023: € 333,238 ▲ 139% vs 2022 (€ 139,697) Favourable step	€ 544,312 Retained profit 2024: € 544,312 ▲ 63% vs 2023 (€ 333,238) Favourable step	€ 924,414 Retained profit 2025: € 924,414 ▲ 70% vs 2024 (€ 544,312) Favourable step	▲ 70%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 19,409 Dividend 2024: € 19,409 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 19,409) Unchanged	▼ 100%
Bank debt	€ 100,000 Bank debt 2022: € 100,000 First fiscal year in the series	€ 50,000 Bank debt 2023: € 50,000 ▼ 50% vs 2022 (€ 100,000) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 50,000) Favourable step	€ 655,208 Bank debt 2025: € 655,208 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 609,090 Balance sheet total 2022: € 609,090 First fiscal year in the series	€ 565,525 Balance sheet total 2023: € 565,525 ▼ 7% vs 2022 (€ 609,090) Unchanged	€ 918,922 Balance sheet total 2024: € 918,922 ▲ 62% vs 2023 (€ 565,525) Unchanged	€ 1,799,270 Balance sheet total 2025: € 1,799,270 ▲ 96% vs 2024 (€ 918,922) Unchanged	▲ 96%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	0.4 Employees (FTE) 2023: 0.4 ▼ 0.6 vs 2022 (1) Unchanged	2 Employees (FTE) 2024: 2 ▲ 1.6 vs 2023 (0.4) Unchanged	3.3 Employees (FTE) 2025: 3.3 ▲ 1.3 vs 2024 (2) Unchanged	▲ 1.3

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:

Jun 23, 2026 New annual accounts for financial year 2025: profit of € 380,102 (▲ 65% vs 2024). Source: NBB ↗
2023 Ronny Lievens became a director. NBB
Jul 29, 2019 New establishment in Herzele. KBO
Jul 29, 2019 Start of the company according to the CBE. KBO

In short

From € 107,380 profit in 2022 to € 380,102 profit in 2025.

Paid € 349,527 in corporate taxes since 2022.

Best year ever: 2025, with € 380,102 profit.

On average € 219,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

A new publication or filing at Tisaco? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

Ronny Lievens

Tisaco

Behind Tisaco is Ronny Lievens.

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Directors

According to the 2025 annual accounts

Ronny Lievens

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Dreefstraat 18 box a

9552 Herzele

2.291.663.008

Hoogstraat 179F box 7

9550 Herzele

Active since 29 July 2019

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0731.674.265

VAT number

BE 0731.674.265

Registered office

Dreefstraat 18 bus a, 9552 Herzele

Names & denominations

Tisaco

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 July 2019

Peppol

Active · Active since 31 Oct 2023

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrotechnische installatiewerken van nijverheidsinrichtingen

View on CBE Public ↗ Annual accounts (NBB) ↗

Tisaco

Financials

What happened to Tisaco?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions