Active · per the CBE, 30 September 2026

TIVACO

BE0888247212

Rechtspersoon Private limited company 1 establishment

TIVACO is an accounting firm in Ninove. Private Limited, started on 22 March 2007, 1 establishment.

Kerkveld(Den) 6, 9400 Ninove

Behind the company: Pieter Tielemans.

Active for

19 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TIVACO from Ninove, company number BE0888247212, closed financial year 2025 with a result of € 9,742 after tax. For that financial year TIVACO recorded a gross margin of € 36,688 and equity of € 48,686. Compared with financial year 2024, the result moved from € 9,618 to € 9,742. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.

What it is worth Healthy

€ 48,686

▼ 16% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 9,742

▲ 1% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,953

▼ 31% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 19,242 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 126,163

▼ 8% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 56,788

▼ 25% vs 2024

€ 19,985 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1,214

▲ € 1,158 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 14,333

▲ 47% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 21,081 € 18,828 € 45,061 € 36,688 ▼ 19%
Profit after taxes € 9,774 € 9,486 € 9,618 € 9,742 ▲ 1%
Equity € 32,882 € 42,368 € 58,186 € 48,686 ▼ 16%
Total debts € 65,668 € 59,043 € 117,016 € 105,972 ▼ 9%
Cash € 6,439 € 2,448 € 15,876 € 10,953 ▼ 31%
Retained profit € 20,482 € 29,968 € 39,586 € 30,086 ▼ 24%
Dividend € 23,963 € 0 € 0 € 19,242
Bank debt € 48,167 € 39,171 € 75,976 € 56,788 ▼ 25%
Balance sheet total € 98,550 € 101,411 € 175,202 € 154,658 ▼ 12%

Key figures of TIVACO, 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 TIVACO?

What happened at TIVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 9,742 (▲ 1% vs 2024). Source: NBB ↗
  • Pieter Tielemans became a director. NBB
  • New establishment in Ninove. KBO
  • Start of the company according to the CBE. KBO

In short

From € 9,774 profit in 2022 to € 9,742 profit in 2025.

Paid € 21,155 in corporate taxes since 2022.

Best year ever: 2022, with € 9,774 profit.

Paid out € 43,205 in dividends to the owners in total.

Management

Pieter Tielemans
TIVACO

Behind TIVACO is Pieter Tielemans.

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Directors

According to the 2025 annual accounts

Pieter Tielemans

Director

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Kerkveld(Den) 6

9400 Ninove

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0888.247.212
VAT number
BE 0888.247.212
Registered office
Kerkveld(Den) 6, 9400 Ninove
Names & denominations
TIVACO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
22 March 2007
Peppol
Active · Active since 12 Jan 2026
Activities · NACE

Overige fiscale dienstverlening

Boekhouders en boekhouders-fiscalisten

Frequently asked questions

What does TIVACO do?
TIVACO is an accounting firm in Ninove. Private Limited, started on 22 March 2007, 1 establishment.
What is the address of TIVACO?
The registered office of TIVACO is located at Kerkveld(Den) 6, 9400 Ninove.
Is TIVACO still active?
Yes. According to the CBE (30 September 2026) TIVACO is active, legal situation “Normale toestand”, started on 22 March 2007.
Is TIVACO registered on Peppol?
Yes, TIVACO is registered on the Peppol network with ID 0208:0888247212.
What is the enterprise number of TIVACO?
The enterprise number of TIVACO is BE0888247212.
When was TIVACO founded?
TIVACO was founded on 22 March 2007.