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 60 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
TITECA from Roeselare, company number BE0882371584, closed financial year 2025 with a result of € 3.4 million after tax. For that financial year TITECA recorded revenue of € 14.1 million and equity of € 10.2 million. Compared with financial year 2024, the result moved from € 191,020 to € 3.4 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 10.2 million
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.4 million
▲ € 3.2 million vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 139% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
31.3
▼ 8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 40% vs 2024
€ 56,900 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.
€ 553,733
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20 million
▲ 36% vs 2024
€ 4.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.9 million
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 219,399
▼ 56% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,738,563 | € 18,855,835 | € 21,420,488 | € 14,091,795 | ▼ 34% |
| Profit after taxes | € 411,072 | € 811,743 | € 191,020 | € 3,398,423 | ▲ € 3.2 million |
| Equity | € 6,041,213 | € 6,785,615 | € 6,896,715 | € 10,162,564 | ▲ 47% |
| Total debts | € 11,601,128 | € 15,351,393 | € 23,349,558 | € 30,525,899 | ▲ 31% |
| Cash | € 361,533 | € 222,802 | € 581,971 | € 1,393,350 | ▲ 139% |
| Retained profit | € 5,979,213 | € 6,723,615 | € 6,834,715 | € 10,100,564 | ▲ 48% |
| Dividend | € 0 | € 0 | € 0 | € 100,000 | |
| Bank debt | € 5,863,605 | € 5,749,138 | € 14,729,498 | € 19,988,340 | ▲ 36% |
| Balance sheet total | € 17,642,341 | € 22,137,008 | € 30,246,274 | € 40,688,463 | ▲ 35% |
| Employees (FTE) | 35 | 34.5 | 39.3 | 31.3 | ▼ 8 |
Key figures of TITECA, 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 TITECA?
What happened at TITECA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.4 million (▲ € 3.2 million vs 2024). Source: NBB ↗
- Vercruysse Frank BV stepped down as director. NBB
- Tiemac BV stepped down as director. NBB
- Robam BV became a director. NBB
- Es Legal BV became a director. NBB
- Fabian Missinne BV became a director. NBB
- Bram Cornelis BV became a director. NBB
- GoedGov BV became a director. NBB
In short
From € 411,072 profit in 2022 to € 3.4 million profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.4 million profit.
Paid out € 100,000 in dividends to the owners in total.
Management
Behind TITECA are Es Legal BV, Robam BV, Fabian Missinne BV, Bram Cornelis BV, GoedGov BV and Antermoia BV. It owns 100% of Pro Data, 100% of Pro data Experts, 100% of Titeca Accountancy Mariakerke nv, 100% of Titeca Accountancy Lokeren NV, 100% of Titeca Accountancy Waregem nv and 100% of Titeca Accountancy Aalter itself.
Directors
According to the 2025 annual accounts
Persoon belast met dagelijks bestuur · represented by Vanthournout Jurka
Also active at: TITECA ACCOUNTANCY BRUGGE, Bofisc Tax & Legal, TITECA ACCOUNTANCY WAREGEM, TITECA PRO EXPERTS, FLEETECA, Titeca Accountancy Mouscron, TITECA ACCOUNTANCY GENT, TITECA ACCOUNTANCY BEVEREN
since 2024
Director · represented by Vanderper Brecht
Also active at: TITECA ACCOUNTANCY BRUGGE, Bofisc invest, BOFISC ARDOOIE, Titeca Accountancy Mariakerke
since 2024
Director · represented by Missinne Fabian
Also active at: KANTOOR TITECA, TITECA ACCOUNTANCY WAREGEM, TITECA ACCOUNTANCY OOSTENDE, Connexi, TITECA ACCOUNTANCY GENT, TITECA ACCOUNTANCY KORTRIJK, Pro Data Experts, PRO DATA +2 more
since 2024
Director · represented by Cornelis Bram
Also active at: TITECA ACCOUNTANCY WETTEREN, TITECA ACCOUNTANCY LOKEREN
since 2024
Director · represented by Decaluwé Rafaël
since 2024
Director · represented by Beatrijs De Backer
since 2024
Director · represented by Vercruysse Frank Steven
Also active at: KANTOOR TITECA, TITECA ACCOUNTANCY WETTEREN, BOFISC ROESELARE, TITECA PRO EXPERTS, VIA TITECA, Titeca Accountancy Mouscron, TITECA ACCOUNTANCY GENT, TITECA ACCOUNTANCY KORTRIJK
since 2020 · until 2026
Director · represented by Titeca Emmanuel
Also active at: KANTOOR TITECA, TITECA ACCOUNTANCY BRUGGE, BOFISC ROESELARE, Titeca Pro Experts Legal, TITECA PRO EXPERTS, TITECA ACCOUNTANCY IEPER, VIA TITECA, PRO DATA +2 more
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Koestraat 175b box 2.2
8800 Roeselare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0882.371.584
- VAT number
- BE 0882.371.584
- Registered office
- Koestraat 175b bus 2.2, 8800 Roeselare
- Names & denominations
- TITECA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2006
- Peppol
- Active · Active since 15 Jun 2023
- Activities · NACE
Accountants
Activiteiten van (gecertificeerde) (fiscaal) accountants