Financials
Financial year 2025
TIBAS from Beveren-Kruibeke-Zwijndrecht, company number BE0827802453, closed financial year 2025 with a result of € -61,621 after tax. For that financial year TIBAS recorded a gross margin of € 463,926 and equity of € 53,949. Compared with financial year 2024, the result moved from € 67,854 to € -61,621. The company made a loss. The buffer shrank hard: equity is 53 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 53,949
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,621
▼ still € 67,854 profit in 2024
Profit after tax over the fiscal year.
€ 7,663
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10,949.
People and assets in 2025
8.3
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 428,490
▲ 13% vs 2024
€ 51,600 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.
€ 211,520
▲ 50% vs 2024
Of which on lease € 154,243.
Debts at end 2025
€ 476,697
▲ 251% vs 2024
€ 91,671 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 171,118
▲ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,918
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 270,563 | € 256,057 | € 482,038 | € 463,926 | ▼ 4% |
| Profit after taxes | € -92,048 | € -112,657 | € 67,854 | € -61,621 | ▼ € 129,475 |
| Equity | € 160,373 | € 47,716 | € 115,570 | € 53,949 | ▼ 53% |
| Total debts | € 36,346 | € 127,948 | € 316,496 | € 722,733 | ▲ 128% |
| Cash | € 16,637 | € 6,392 | € 62,785 | € 7,663 | ▼ 88% |
| Retained profit | € 117,373 | € 4,716 | € 72,570 | € 10,949 | ▼ 85% |
| Bank debt | € 0 | € 0 | € 135,761 | € 476,697 | ▲ 251% |
| Balance sheet total | € 196,720 | € 175,664 | € 432,066 | € 776,683 | ▲ 80% |
| Employees (FTE) | - | - | 6.1 | 8.3 | ▲ 2.2 |
Key figures of TIBAS, 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 TIBAS?
What happened at TIBAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 61,621 (▼ € 129,475 vs 2024). Source: NBB ↗
- MACY became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,048 loss in 2022 to € 61,621 loss in 2025.
Paid € 2,231 in corporate taxes since 2022.
Best year ever: 2024, with € 67,854 profit.
On average € 55,900 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
Directors
According to the 2025 annual accounts
Director · represented by De Buck Frederik
Holds a stake via Solusio
Also active at: VOCHTPROTECT, SOLUSIO, Fassado
since 2023
Shareholders
Solusio · holding of MACY
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Westpoort 37B
2070 Beveren-Kruibeke-Zwijndrecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0827.802.453
- VAT number
- BE 0827.802.453
- Registered office
- Westpoort 37B, 2070 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- TIBAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2010
- Peppol
- Active · Active since 31 Jan 2025
- Activities · NACE
Stukadoorswerk
Installatie van isolatie
Schrijnwerk
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Isolatiewerkzaamheden