What does TTI Belgium do?

TTI Belgium is a wholesaler in Gent. Public Limited, started on 23 June 2021, 1 establishment.

What is the address of TTI Belgium?

The registered office of TTI Belgium is located at Oktrooiplein 1, 9000 Gent.

Is TTI Belgium still active?

Yes. According to the CBE (31 October 2026) TTI Belgium is active, legal situation “Normale toestand”, started on 23 June 2021.

Is TTI Belgium registered on Peppol?

Yes, TTI Belgium is registered on the Peppol network with ID 0208:0770249185.

What is the enterprise number of TTI Belgium?

The enterprise number of TTI Belgium is BE0770249185.

When was TTI Belgium founded?

TTI Belgium was founded on 23 June 2021.

Who are the directors of TTI Belgium?

According to the 2025 annual accounts, the directors of TTI Belgium are: Sven LIPPERT, Glyn Patrick DENNEHY.

Is TTI Belgium a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 June 2021; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did TTI Belgium make in 2025?

TTI Belgium posted a profit after taxes of € 50,078 in financial year 2025.

What is the revenue of TTI Belgium?

As a small company, TTI Belgium is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 285,950.

How much does an employee at TTI Belgium earn?

The average wage cost per full-time employee at TTI Belgium was € 67,900 in 2025: staff costs of € 210,554 for 3.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TTI Belgium have?

According to the 2025 annual accounts, TTI Belgium has 3.1 full-time equivalents (FTE).

TTI Belgium (Public Limited) - Gent - BE0770249185

Dossier TTI Belgium, printed on 31 October 2026 from databakkes.be/en/0770249185/tti-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

94 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

TTI Belgium from Gent, company number BE0770249185, closed financial year 2025 with a result of € 50,078 after tax. For that financial year TTI Belgium recorded a gross margin of € 285,950 and equity of € 221,914. Compared with financial year 2024, the result moved from € 40,085 to € 50,078. 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 July 3, 2026.

What it is worth Growing

€ 221,914

▲ 29% vs 2024

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

Profit Growing

€ 50,078

▲ 25% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 138,178

▲ 206% 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 € 160,414.

People and assets in 2025

Full-time equivalents

3.1

▼ 1.7 vs 2024

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

Wage cost

€ 210,554

▼ 55% vs 2024

€ 67,900 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 15,270

▲ 87% vs 2024

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

Taxes and wages

€ 18,557

▼ 15% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 343,089 Gross margin 2022: € 343,089 First fiscal year in the series	€ 505,718 Gross margin 2023: € 505,718 ▲ 47% vs 2022 (€ 343,089) Favourable step	€ 540,895 Gross margin 2024: € 540,895 ▲ 7% vs 2023 (€ 505,718) Favourable step	€ 285,950 Gross margin 2025: € 285,950 ▼ 47% vs 2024 (€ 540,895) Unfavourable step	▼ 47%
Profit after taxes	€ 66,947 Profit after taxes 2022: € 66,947 First fiscal year in the series	€ 42,997 Profit after taxes 2023: € 42,997 ▼ 36% vs 2022 (€ 66,947) Unfavourable step	€ 40,085 Profit after taxes 2024: € 40,085 ▼ 7% vs 2023 (€ 42,997) Unfavourable step	€ 50,078 Profit after taxes 2025: € 50,078 ▲ 25% vs 2024 (€ 40,085) Favourable step	▲ 25%
Equity	€ 88,753 Equity 2022: € 88,753 First fiscal year in the series	€ 131,751 Equity 2023: € 131,751 ▲ 48% vs 2022 (€ 88,753) Favourable step	€ 171,836 Equity 2024: € 171,836 ▲ 30% vs 2023 (€ 131,751) Favourable step	€ 221,914 Equity 2025: € 221,914 ▲ 29% vs 2024 (€ 171,836) Favourable step	▲ 29%
Total debts	€ 416,540 Total debts 2022: € 416,540 First fiscal year in the series	€ 41,085 Total debts 2023: € 41,085 ▼ 90% vs 2022 (€ 416,540) Favourable step	€ 42,716 Total debts 2024: € 42,716 ▲ 4% vs 2023 (€ 41,085) Unfavourable step	€ 38,639 Total debts 2025: € 38,639 ▼ 10% vs 2024 (€ 42,716) Favourable step	▼ 10%
Cash	€ 45,127 Cash 2022: € 45,127 First fiscal year in the series	€ 51,326 Cash 2023: € 51,326 ▲ 14% vs 2022 (€ 45,127) Favourable step	€ 45,084 Cash 2024: € 45,084 ▼ 12% vs 2023 (€ 51,326) Unfavourable step	€ 138,178 Cash 2025: € 138,178 ▲ 206% vs 2024 (€ 45,084) Favourable step	▲ 206%
Retained profit	€ 27,253 Retained profit 2022: € 27,253 First fiscal year in the series	€ 70,251 Retained profit 2023: € 70,251 ▲ 158% vs 2022 (€ 27,253) Favourable step	€ 110,336 Retained profit 2024: € 110,336 ▲ 57% vs 2023 (€ 70,251) Favourable step	€ 160,414 Retained profit 2025: € 160,414 ▲ 45% vs 2024 (€ 110,336) Favourable step	▲ 45%
Balance sheet total	€ 505,293 Balance sheet total 2022: € 505,293 First fiscal year in the series	€ 172,836 Balance sheet total 2023: € 172,836 ▼ 66% vs 2022 (€ 505,293) Unchanged	€ 214,552 Balance sheet total 2024: € 214,552 ▲ 24% vs 2023 (€ 172,836) Unchanged	€ 260,553 Balance sheet total 2025: € 260,553 ▲ 21% vs 2024 (€ 214,552) Unchanged	▲ 21%
Employees (FTE)	-	4.8 Employees (FTE) 2023: 4.8 First fiscal year in the series	4.8 Employees (FTE) 2024: 4.8 Unchanged (4.8) Unchanged	3.1 Employees (FTE) 2025: 3.1 ▼ 1.7 vs 2024 (4.8) Unchanged	▼ 1.7

Key figures of TTI Belgium, 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 TTI Belgium?

What happened at TTI Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Sven LIPPERT stepped down as director. NBB
Jul 3, 2026 New annual accounts for financial year 2025: profit of € 50,078 (▲ 25% vs 2024). Source: NBB ↗
2026 Glyn Patrick DENNEHY stepped down as director. NBB
2023 Sven LIPPERT became a director. NBB
Jun 23, 2021 New establishment in Gent. KBO
2021 Glyn Patrick DENNEHY became a director. NBB
Jun 23, 2021 Start of the company according to the CBE. KBO

In short

From € 66,947 profit in 2022 to € 50,078 profit in 2025.

Paid € 79,864 in corporate taxes since 2022.

Best year ever: 2022, with € 66,947 profit.

On average € 92,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Sven LIPPERT

Director

since 2023 · until 2028

Glyn Patrick DENNEHY

Director

since 2021 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Oktrooiplein 1

9000 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 94 companies are registered at this address.

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

Details

Company number

0770.249.185

VAT number

BE 0770.249.185

Registered office

Oktrooiplein 1, 9000 Gent

Names & denominations

TTI Belgium

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

23 June 2021

Peppol

Active · Active since 12 Feb 2026

Activities · NACE

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View on CBE Public ↗ Annual accounts (NBB) ↗