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 1 of the last 3 fiscal years.
Financials
Financial year 2025
TUINEN VAN TIEGHEM from Wortegem-Petegem, company number BE0790579593, closed financial year 2025 with a result of € -142,752 after tax. For that financial year TUINEN VAN TIEGHEM recorded a gross margin of € 349,451 and equity of € -11,179. Compared with financial year 2024, the result moved from € 46,211 to € -142,752. The company made a loss. 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 October 12, 2026.
€ -11,179
▼ € 142,752 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -142,752
▼ still € 46,211 profit in 2024
Profit after tax over the fiscal year.
€ 565
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -61,179.
People and assets in 2025
7.8
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 369,011
▲ 15% vs 2024
€ 47,300 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.
€ 44,763
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 278,907
▼ 14% vs 2024
€ 45,594 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 247,286
▲ 116% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,860
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 564,550 | € 497,065 | € 349,451 | ▼ 30% |
| Profit after taxes | € 50,361 | € 46,211 | € -142,752 | ▼ € 188,963 |
| Equity | € 85,361 | € 131,572 | € -11,179 | ▼ € 142,752 |
| Total debts | € 485,675 | € 527,108 | € 661,824 | ▲ 26% |
| Cash | € 128,995 | € 105,075 | € 565 | ▼ 99% |
| Retained profit | € 35,361 | € 81,572 | € -61,179 | ▼ € 142,752 |
| Dividend | € 15,000 | € 0 | € 0 | |
| Bank debt | € 365,359 | € 322,904 | € 278,907 | ▼ 14% |
| Balance sheet total | € 571,037 | € 658,681 | € 650,645 | ▼ 1% |
| Employees (FTE) | 6.6 | 7.1 | 7.8 | ▲ 0.7 |
Key figures of TUINEN VAN TIEGHEM, fiscal years 2023 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 TUINEN VAN TIEGHEM?
What happened at TUINEN VAN TIEGHEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 142,752 (▼ € 188,963 vs 2024). filed late Source: NBB ↗
- Xaga BV stepped down as director. NBB
- New establishment in Wortegem-Petegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,361 profit in 2023 to € 142,752 loss in 2025.
Paid € 49,010 in corporate taxes since 2023.
Best year ever: 2023, with € 50,361 profit.
On average € 44,800 of value added per employee in 2025.
Management
The stake of XAGA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TUINEN VAN TIEGHEMBehind TUINEN VAN TIEGHEM are Lucas Van Tieghem and Johan Van Tieghem. The shares are held by XAGA (50%).
Establishments
Establishment units
Physical locations of this company
Driesstraat (P.) 20
9790 Wortegem-Petegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0790.579.593
- VAT number
- BE 0790.579.593
- Registered office
- Driesstraat (P.) 20, 9790 Wortegem-Petegem
- Names & denominations
- TUINEN VAN TIEGHEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Landschapsverzorging