Financials
Financial year 2025
TOWER16 HOLDING from Hasselt, company number BE0731836888, closed financial year 2025 with a result of € 168,035 after tax. For that financial year TOWER16 HOLDING recorded a gross margin of € 169,893 and equity of € 31.4 million. Compared with financial year 2024, the result moved from € 2.1 million to € 168,035. 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 August 25, 2026.
€ 31.4 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 168,035
▼ 92% vs 2024
Profit after tax over the fiscal year.
€ 701,792
▲ 18% 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 € 23 million.
People and assets in 2025
3
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 198,196
▲ 49% vs 2024
€ 66,100 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.
€ 394,086
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 17% vs 2024
€ 140,004 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 8,367
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 89,282
▲ 181% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -35,871 | € 178,067 | € 153,465 | € 169,893 | ▲ 11% |
| Profit after taxes | € 873,305 | € 14,985 | € 2,061,607 | € 168,035 | ▼ 92% |
| Equity | € 41,136,196 | € 41,148,289 | € 31,208,896 | € 31,375,931 | ▲ 1% |
| Total debts | € 3,001,371 | € 5,565,074 | € 7,622,982 | € 2,150,312 | ▼ 72% |
| Cash | € 1,547,055 | € 949,247 | € 594,500 | € 701,792 | ▲ 18% |
| Land & buildings | € 446,564 | € 425,289 | € 412,949 | € 408,051 | ▼ 1% |
| Retained profit | € 20,798,545 | € 20,810,638 | € 22,871,245 | € 23,038,280 | ▲ 1% |
| Bank debt | € 2,870,323 | € 2,165,109 | € 2,009,773 | € 1,671,639 | ▼ 17% |
| Balance sheet total | € 44,137,567 | € 46,713,363 | € 38,831,877 | € 33,526,243 | ▼ 14% |
| Employees (FTE) | 2.9 | 2 | 2.3 | 3 | ▲ 0.7 |
Key figures of TOWER16 HOLDING, 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 TOWER16 HOLDING?
What happened at TOWER16 HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 168,035 (▼ 92% vs 2024). filed late Source: NBB ↗
- Evy Michiels became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
- Stijn Lowette became a director. NBB
- LIMAC NV became a director. NBB
In short
From € 873,305 profit in 2022 to € 168,035 profit in 2025.
Paid € 58,867 in corporate taxes since 2022.
Best year ever: 2024, with € 2.1 million profit.
On average € 56,600 of value added per employee in 2025.
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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
Management
Behind TOWER16 HOLDING are Evy Michiels, Stijn Lowette and LIMAC NV. It owns 100% of Limartes, 100% of Ella Yachting, 100% of Tower 16 Immo, 99.9% of Limcovest and 80% of Bibo Brands itself.
Directors
According to the 2025 annual accounts
since 2020
since 2019
Director · represented by Constant Lowette
since 2019
Establishments
Establishment units
Physical locations of this company
Torenplein 7 box 16.1
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0731.836.888
- VAT number
- BE 0731.836.888
- Registered office
- Torenplein 7 bus 16.1, 3500 Hasselt
- Names & denominations
- TOWER16 HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 August 2019
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected] 0485665491
- Activities · NACE
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