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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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TTI from Meerhout, company number BE0812706283, closed financial year 2025 with a result of € 9,814 after tax. For that financial year TTI recorded a gross margin of € 41,011 and equity of € 437,703. Compared with financial year 2024, the result moved from € 23,954 to € 9,814. 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 July 30, 2026.
€ 437,703
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,814
▼ 59% vs 2024
Profit after tax over the fiscal year.
€ 8,441
▲ € 7,381 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 € 387,703.
Debts at end 2025
€ 103,639
▼ 12% vs 2024
€ 13,667 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 4,099
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,079
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,721 | € 57,580 | € 66,181 | € 41,011 | ▼ 38% |
| Profit after taxes | € -2,665 | € 25,367 | € 23,954 | € 9,814 | ▼ 59% |
| Equity | € 378,568 | € 403,935 | € 427,889 | € 437,703 | ▲ 2% |
| Total debts | € 297,965 | € 253,845 | € 240,360 | € 223,915 | ▼ 7% |
| Cash | € 589 | € 394 | € 1,059 | € 8,441 | ▲ € 7,381 |
| Land & buildings | € 145,749 | € 135,338 | € 124,927 | € 114,517 | ▼ 8% |
| Retained profit | € 328,568 | € 353,935 | € 377,889 | € 387,703 | ▲ 3% |
| Bank debt | € 144,639 | € 130,972 | € 117,305 | € 103,639 | ▼ 12% |
| Balance sheet total | € 676,533 | € 657,780 | € 668,249 | € 661,618 | ▼ 1% |
Key figures of TTI, 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?
What happened at TTI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,814 (▼ 59% vs 2024). Source: NBB ↗
- Tom Thys became a director. NBB
- New establishment in Meerhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,665 loss in 2022 to € 9,814 profit in 2025.
Paid € 22,075 in corporate taxes since 2022.
Best year ever: 2023, with € 25,367 profit.
Management
Behind TTI is Tom Thys. It owns 100% of Maes Verwarming itself.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Moenstraat 11
2450 Meerhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0812.706.283
- VAT number
- BE 0812.706.283
- Registered office
- Moenstraat 11, 2450 Meerhout
- Names & denominations
- TTI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2009
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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