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 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIVAN from Houthulst, company number BE0872760171, closed financial year 2025 with a result of € -2,781 after tax. For that financial year TIVAN recorded a gross margin of € 137,492 and equity of € 160,094. Compared with financial year 2024, the result moved from € 6,656 to € -2,781. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 160,094
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,781
▼ still € 6,656 profit in 2024
Profit after tax over the fiscal year.
€ 13,805
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 137,233.
People and assets in 2025
€ 69,727
▼ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,464
▲ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 226,767
▼ 18% vs 2024
€ 51,823 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 35,098
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,182
▲ 101% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 180,234 | € 146,535 | € 162,980 | € 137,492 | ▼ 16% |
| Profit after taxes | € 29,225 | € -581 | € 6,656 | € -2,781 | ▼ € 9,436 |
| Equity | € 157,809 | € 156,892 | € 163,211 | € 160,094 | ▼ 2% |
| Total debts | € 466,511 | € 417,248 | € 376,138 | € 304,299 | ▼ 19% |
| Cash | € 7,323 | € 6,672 | € 19,462 | € 13,805 | ▼ 29% |
| Land & buildings | € 275,824 | € 283,523 | € 258,241 | € 236,020 | ▼ 9% |
| Retained profit | € 135,799 | € 133,358 | € 140,013 | € 137,233 | ▼ 2% |
| Bank debt | € 363,909 | € 312,348 | € 277,392 | € 226,767 | ▼ 18% |
| Balance sheet total | € 624,320 | € 574,140 | € 539,349 | € 464,393 | ▼ 14% |
Key figures of TIVAN, 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 TIVAN?
What happened at TIVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,781 (▼ € 9,436 vs 2024). Source: NBB ↗
- New establishment in Houthulst. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,225 profit in 2022 to € 2,781 loss in 2025.
Paid € 15,605 in corporate taxes since 2022.
Best year ever: 2022, with € 29,225 profit.
Management
Behind TIVAN are TINEKE DESMET and IVAN PYPE.
Directors
According to the 2025 annual accounts
TINEKE DESMET
Director
IVAN PYPE
Director
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 15
8650 Houthulst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0872.760.171
- VAT number
- BE 0872.760.171
- Registered office
- Nijverheidsstraat 15, 8650 Houthulst
- Names & denominations
- TIVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2005
- Peppol
- Active · Active since 4 Jul 2025
- Activities · NACE
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