TISCO
0405.055.865 · rovalta.com · 21/09/2026
ACTIVE
TISCO
Financial year 2025 · closed on 30/09/2025
Net result
46,9 k €
-49.9% YoY
Equity
1 M €
+4.7% YoY
Overview
What does TISCO do?
TISCO is a Public limited company incorporated in 1927. Its main activity is: Activities of holding companies. Its registered office is in Hamme (Vl.).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0405.055.865
Incorporation
21/09/1927
Legal form
Public limited company
Registered office
Zwaarveld 33
9220 Hamme (Vl.) · FlandreSee on map
9220 Hamme (Vl.) · FlandreSee on map
Contributed capital
428 787,47 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 15,5 k € | +173% | -21,3 k € | ||||||||||||||||
| EBITDA | 61,9 k € | +0.2% | 61,7 k € | -1.4% | 62,6 k € | +37.8% | 45,4 k € | +69.0% | 26,9 k € | +133% | -82,5 k € | +1.8% | -84 k € | -307% | -20,6 k € | +35.3% | -31,9 k € | +3.1% | -32,9 k € | +11.9% | -37,4 k € | +31.8% | -54,8 k € | -30.2% | -42,1 k € | +26.7% | -57,5 k € | -25.4% | -45,8 k € | -5.9% | -43,3 k € | -152% | -17,1 k € | +74.0% | -65,9 k € |
| Operating result | 54 k € | +0.3% | 53,9 k € | -1.6% | 54,7 k € | +45.8% | 37,5 k € | +97.5% | 19 k € | +121% | -90,4 k € | -6.8% | -84,6 k € | -310% | -20,6 k € | +35.3% | -31,9 k € | +3.1% | -32,9 k € | +13.4% | -38 k € | +33.8% | -57,4 k € | -23.0% | -46,7 k € | +25.7% | -62,9 k € | +13.7% | -72,9 k € | +4.9% | -76,6 k € | -19.8% | -63,9 k € | +53.1% | -136,4 k € |
| Net result | 46,9 k € | -49.9% | 93,6 k € | -24.1% | 123,4 k € | +120% | 56,1 k € | +9.9% | 51 k € | +2319% | 2,1 k € | -80.1% | 10,6 k € | -85.8% | 74,6 k € | +53.5% | 48,6 k € | +724% | -7,8 k € | +67.0% | -23,6 k € | -142% | 56 k € | +22.4% | 45,8 k € | +241% | 13,4 k € | -82.8% | 77,9 k € | -75.0% | 311,7 k € | -5.0% | 328,1 k € | +151% | 130,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 1 M € | +4.7% | 992,5 k € | -81.9% | 5,5 M € | +2.3% | 5,4 M € | +1.1% | 5,3 M € | +1.0% | 5,3 M € | +0.0% | 5,3 M € | +0.2% | 5,3 M € | +1.4% | 5,2 M € | +0.9% | 5,1 M € | +0.4% | 5,1 M € | -0.5% | 5,1 M € | +1.1% | 5,1 M € | +0.9% | 5 M € | +0.3% | 5 M € | -39.5% | 8,3 M € | +0.4% | 8,3 M € | +0.6% | 8,2 M € |
| Total assets | 1 M € | +1.5% | 1 M € | -81.5% | 5,5 M € | +2.7% | 5,4 M € | +1.5% | 5,3 M € | +0.8% | 5,3 M € | +0.1% | 5,3 M € | +0.4% | 5,3 M € | +1.4% | 5,2 M € | +0.3% | 5,2 M € | +1.0% | 5,1 M € | -0.4% | 5,1 M € | +0.9% | 5,1 M € | +0.7% | 5,1 M € | +0.2% | 5 M € | -57.8% | 11,9 M € | +39.5% | 8,6 M € | +2.3% | 8,4 M € |
| Cash | 89,9 k € | -0.1% | 89,9 k € | -86.9% | 683,9 k € | +12.1% | 610,2 k € | -42.4% | 1,1 M € | +4.5% | 1 M € | +335% | 233,1 k € | +75.9% | 132,5 k € | +85.2% | 71,6 k € | -96.5% | 2,1 M € | +70087% | 2,9 k € | -94.3% | 51,7 k € | -48.6% | 100,6 k € | -29.1% | 142 k € | -28.8% | 199,5 k € | +390% | 40,7 k € | +1048% | 3,5 k € | -47.1% | 6,7 k € |
| Debts | 4,7 k € | -86.7% | 35,1 k € | -28.5% | 49,1 k € | +99.3% | 24,6 k € | – | 807 € | -89.7% | 7,9 k € | – | – | – | 5,9 k € | +548% | 913,6 € | -89.8% | 9 k € | -54.7% | 19,8 k € | -16.0% | 23,6 k € | -99.4% | 3,7 M € | +1084% | 308,6 k € | +84.9% | 166,9 k € | ||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 3 active · 23 ended
Active mandates
Luc Christiaen
ActiveMartine Christiaen
ActiveNicky Christiaen
ActiveEnded mandates
Luc Christiaen
EndedMartine Christiaen
EndedNicky Christiaen
EndedLuc Christiaen
EndedAt this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 17/03/2026 | 10/04/2025 | 12/02/2024 | 27/02/2023 | 10/02/2022 | 10/02/2021 |
| General meeting | 10/02/2026 | 14/02/2025 | 08/01/2024 | 09/01/2023 | 10/01/2022 | 11/01/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 30/09/2025 | 10/02/2026 | 17/03/2026 | Dutch | |
| Full modelCorrection | 30/09/2024 | 14/02/2025 | 10/04/2025 | Dutch | |
| Full model | 30/09/2024 | 14/02/2025 | 25/03/2025 | Dutch | |
| Full model | 30/09/2023 | 08/01/2024 | 12/02/2024 | Dutch | |
| Full model | 30/09/2022 | 09/01/2023 | 27/02/2023 | Dutch | |
| Full model | 30/09/2021 | 10/01/2022 | 10/02/2022 | Dutch | |
| Full model | 30/09/2020 | 11/01/2021 | 10/02/2021 | Dutch | |
| Full model | 30/09/2019 | 13/01/2020 | 12/02/2020 | Dutch | |
| Full model | 30/09/2018 | 14/01/2019 | 13/02/2019 | Dutch | |
| Full model | 30/09/2017 | 08/01/2018 | 05/02/2018 | Dutch | |
| Full model | 30/09/2016 | 09/01/2017 | 13/02/2017 | Dutch | |
| Full model | 30/09/2015 | 11/01/2016 | 17/02/2016 | Dutch | |
| Full model | 30/09/2014 | 12/01/2015 | 11/02/2015 | Dutch | |
| Full model | 30/09/2013 | 14/01/2014 | 03/04/2014 | Dutch | |
| Full model | 30/09/2012 | 14/01/2013 | 12/04/2013 | Dutch | |
| Full model | 30/09/2011 | 09/01/2012 | 27/01/2012 | Dutch | |
| Full model | 30/09/2010 | 10/01/2011 | 09/02/2011 | Dutch | |
| Full model | 30/09/2009 | 11/01/2010 | 09/02/2010 | Dutch | |
| Abridged model | 30/09/2008 | 12/01/2009 | 11/02/2009 | Dutch | |
| Abridged model | 30/09/2007 | 14/01/2008 | 13/02/2008 | Dutch | |
| Full model | 30/09/2006 | 08/01/2007 | 08/02/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 3 active · 23 ended
Active mandates
Luc Christiaen
ActiveMartine Christiaen
ActiveNicky Christiaen
ActiveEnded mandates
Luc Christiaen
EndedMartine Christiaen
EndedNicky Christiaen
EndedLuc Christiaen
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates11/01/2024ONTSLAGEN - BENOEMINGEN
- Mandates11/01/2024ONTSLAGEN - BENOEMINGEN
- Other05/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates26/02/2021ONTSLAGEN - BENOEMINGEN
- Mandates02/07/2020ONTSLAGEN - BENOEMINGEN
- Mandates20/03/2020ONTSLAGEN - BENOEMINGEN
- Mandates20/03/2020ONTSLAGEN - BENOEMINGEN
- Mandates23/02/2017ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202546,9 k €↓
- 2024Annual accounts 202493,6 k €↓
- 2023Annual accounts 2023123,4 k €↑
- 2022Annual accounts 202256,1 k €↑
- 2021Annual accounts 202151 k €↑
- 2020Annual accounts 20202,1 k €↓
- 2019Annual accounts 201910,6 k €↓
- 2018Annual accounts 201874,6 k €↑
- 2017Annual accounts 201748,6 k €↑
- 2016Annual accounts 2016-7,8 k €↑
- 2014Annual accounts 2014-23,6 k €↓
- 2013Annual accounts 201356 k €↑
- 2012Annual accounts 201245,8 k €↑
- 2011Annual accounts 201113,4 k €↓
- 2010Annual accounts 201077,9 k €↓
- 2009Annual accounts 2009311,7 k €↓
- 2008Annual accounts 2008328,1 k €↑
- 2007Annual accounts 2007130,5 k €
- 21/09/1927IncorporationPublic limited company