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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TYSE from Koksijde, company number BE0863379875, closed financial year 2025 with a result of € 1,577 after tax. For that financial year TYSE recorded a gross margin of € 44,599 and equity of € 156,043. Compared with financial year 2024, the result moved from € 18,694 to € 1,577. 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 February 2, 2026.
€ 156,043
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,577
▼ 92% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 137,443.
People and assets in 2025
€ 1,428
▼ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 62,275
▼ 40% vs 2024
€ 42,013 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1,232
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,124
▼ 59% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 66,924 | € 77,049 | € 70,725 | € 44,599 | ▼ 37% |
| Profit after taxes | € -13,120 | € 3,118 | € 18,694 | € 1,577 | ▼ 92% |
| Equity | € 145,054 | € 135,772 | € 154,466 | € 156,043 | ▲ 1% |
| Total debts | € 294,923 | € 281,252 | € 238,731 | € 173,162 | ▼ 27% |
| Land & buildings | € 100,000 | € 80,000 | € 60,000 | € 40,000 | ▼ 33% |
| Retained profit | € 114,054 | € 117,172 | € 135,866 | € 137,443 | ▲ 1% |
| Bank debt | € 184,469 | € 149,305 | € 103,566 | € 62,275 | ▼ 40% |
| Balance sheet total | € 479,977 | € 457,024 | € 433,197 | € 369,204 | ▼ 15% |
Key figures of TYSE, 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 TYSE?
What happened at TYSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,577 (▼ 92% vs 2024). filed late Source: NBB ↗
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,120 loss in 2022 to € 1,577 profit in 2025.
Paid € 11,420 in corporate taxes since 2022.
Best year ever: 2024, with € 18,694 profit.
Management
Behind TYSE are Peter Tyriard and Valérie Sermon. It owns 99.8% of Montana bv itself.
Establishments
Establishment units
Physical locations of this company
Zonstraat(Kok) 26
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0863.379.875
- VAT number
- BE 0863.379.875
- Registered office
- Zonstraat(Kok) 26, 8670 Koksijde
- Names & denominations
- TYSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2004
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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