Financials
Financial year 2025
TIEM from Izegem, company number BE0841302081, closed financial year 2025 with a result of € -1,479 after tax. For that financial year TIEM recorded a gross margin of € 87,917 and equity of € 393,130. Compared with financial year 2024, the result moved from € 21,956 to € -1,479. 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 December 24, 2025.
€ 393,130
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,479
▼ still € 21,956 profit in 2024
Profit after tax over the fiscal year.
€ 17,675
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 386,930.
People and assets in 2025
€ 5,994
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 363,564
▼ 8% vs 2024
€ 33,056 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 20,961
▲ € 18,503 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,518
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 202,533 | € 171,213 | € 103,850 | € 87,917 | ▼ 15% |
| Profit after taxes | € 85,738 | € 56,831 | € 21,956 | € -1,479 | ▼ € 23,435 |
| Equity | € 315,822 | € 372,652 | € 394,608 | € 393,130 | |
| Total debts | € 571,793 | € 495,218 | € 420,829 | € 405,537 | ▼ 4% |
| Cash | € 105,452 | € 39,781 | € 21,113 | € 17,675 | ▼ 16% |
| Land & buildings | € 542,690 | € 491,548 | € 455,984 | € 397,211 | ▼ 13% |
| Retained profit | € 309,622 | € 366,452 | € 388,408 | € 386,930 | |
| Bank debt | € 463,127 | € 430,261 | € 397,076 | € 363,564 | ▼ 8% |
| Balance sheet total | € 887,615 | € 867,870 | € 815,437 | € 798,667 | ▼ 2% |
Key figures of TIEM, 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 TIEM?
What happened at TIEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,479 (▼ € 23,435 vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,738 profit in 2022 to € 1,479 loss in 2025.
Paid € 63,828 in corporate taxes since 2022.
Best year ever: 2022, with € 85,738 profit.
A new publication or filing at TIEM? We notify you, reason included.
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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
Behind TIEM are Nicolas Malfait and Siska Tillie. The same people are also behind ILUVIA.
Establishments
Establishment units
Physical locations of this company
Nederweg 12
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0841.302.081
- VAT number
- BE 0841.302.081
- Registered office
- Nederweg 12, 8870 Izegem
- Names & denominations
- TIEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 2011
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- [email protected] +32483414481
- Activities · NACE
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Organisatie van congressen en beurzen
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Holdings
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