Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
TICO from Heist-op-den-Berg, company number BE0808342570, closed financial year 2025 with a result of € -30,689 after tax. For that financial year TICO recorded a gross margin of € -158 and equity of € 341,451. Compared with financial year 2024, the result moved from € -18,387 to € -30,689. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 26, 2026.
€ 341,451
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,689
▼ 67 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,202
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 329,051.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 353,819
▼ 16% vs 2024
€ 66,462 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,606
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,868
▼ 6% 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 | € 250,807 | € 90,800 | € 27,160 | € -158 | ▼ € 27,317 |
| Profit after taxes | € 127,115 | € 15,978 | € -18,387 | € -30,689 | ▼ € 12,302 |
| Equity | € 374,550 | € 390,527 | € 372,140 | € 341,451 | ▼ 8% |
| Total debts | € 464,926 | € 447,338 | € 448,051 | € 367,293 | ▼ 18% |
| Cash | € 82,540 | € 50,205 | € 12,458 | € 5,202 | ▼ 58% |
| Land & buildings | € 414,400 | € 388,500 | € 362,600 | € 362,600 | |
| Retained profit | € 362,150 | € 378,127 | € 359,740 | € 329,051 | ▼ 9% |
| Dividend | € 25,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 427,773 | € 410,930 | € 423,030 | € 353,819 | ▼ 16% |
| Balance sheet total | € 839,475 | € 837,865 | € 820,191 | € 708,744 | ▼ 14% |
Key figures of TICO, 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 January 2027.
What happened to TICO?
What happened at TICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,689. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Heist-op-den-Berg. KBO
In short
From € 127,115 profit in 2022 to € 30,689 loss in 2025.
Paid € 63,009 in corporate taxes since 2022.
Best year ever: 2022, with € 127,115 profit.
Paid out € 25,000 in dividends to the owners in total.
Management
Behind TICO is Tim Corthout. It owns 100% of Studio Beton itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Heuvelstraat 19A
2220 Heist-op-den-Berg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- CORTHOUT Tim(oprichter) 100%
Details
- Company number
- 0808.342.570
- VAT number
- BE 0808.342.570
- Registered office
- Heuvelstraat 19A, 2220 Heist-op-den-Berg
- Names & denominations
- TICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 2008
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering