TIAO
0662.672.029 · rovalta.com · 24/09/2026
NORMAL SITUATION
TIAO
Financial year 2025 · closed on 31/12/2025
Net result
87,3 k €
+145.5% YoY
Gross margin
292,8 k €
+1852.3% YoY
Equity
1,2 k €
+101.3% YoY
Workforce
0,1 ETP
-90.9% YoY
Company — Normal situation.
Overview
What does TIAO do?
TIAO is a company registered in Belgium. It employs on average 0,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0662.672.029
Legal form
Public limited company
Contributed capital
1 264 952,00 €
Latest accounts
31/12/2025
Average workforce
0,1 ETP
Joint committees (1)
- 200
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 9 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||
| Gross margin | 292,8 k € | +1852% | 15 k € | -66.7% | 45 k € | +175% | 16,4 k € | -66.6% | 48,9 k € | -67.4% | 150 k € | +3835% | -4 k € | +82.1% | -22,4 k € | -61.8% | -13,8 k € |
| EBITDA | 283,1 k € | +2418% | -12,2 k € | -158% | 20,9 k € | +124% | -88,3 k € | +42.1% | -152,4 k € | -63.0% | -93,5 k € | -52.4% | -61,3 k € | +18.4% | -75,1 k € | -42.1% | -52,9 k € |
| Operating result | 91,5 k € | +162% | -148,5 k € | -20.9% | -122,8 k € | +48.9% | -240,2 k € | +10.1% | -267,2 k € | -58.2% | -168,9 k € | -56.3% | -108,1 k € | +3.6% | -112 k € | -39.0% | -80,6 k € |
| Net result | 87,3 k € | +146% | -191,7 k € | -22.2% | -156,8 k € | +41.4% | -267,6 k € | +0.9% | -270 k € | -59.5% | -169,3 k € | -55.8% | -108,7 k € | +3.2% | -112,3 k € | -38.6% | -81 k € |
| Balance sheet | |||||||||||||||||
| Equity | 1,2 k € | +101% | -92,4 k € | -193% | 99,3 k € | -61.2% | 256,1 k € | -51.1% | 523,7 k € | -34.0% | 793,7 k € | +154% | 313 k € | +15.2% | 271,7 k € | -9.1% | 299 k € |
| Total assets | 5,8 k € | -97.9% | 270,3 k € | -28.1% | 375,7 k € | -27.4% | 517,5 k € | -17.8% | 629,1 k € | -29.5% | 892,4 k € | +116% | 412,7 k € | +34.3% | 307,2 k € | -5.9% | 326,5 k € |
| Cash | 3,2 k € | -68.3% | 10,1 k € | -41.3% | 17,2 k € | -49.2% | 33,9 k € | -70.7% | 115,8 k € | -79.3% | 560,4 k € | +215% | 177,6 k € | +30.9% | 135,7 k € | -31.5% | 198,3 k € |
| Debts | 4,6 k € | -98.3% | 275,8 k € | +25.2% | 220,3 k € | -2.7% | 226,5 k € | +200% | 75,6 k € | +73.5% | 43,6 k € | +20.0% | 36,3 k € | +41.0% | 25,7 k € | +9.3% | 23,5 k € |
| Other | |||||||||||||||||
| Workforce | 0,1 ETP | -90.9% | 1,1 ETP | +57.1% | 0,7 ETP | -69.6% | 2,3 ETP | -54.0% | 5,0 ETP | -12.3% | 5,7 ETP | +470% | 1,0 ETP | – | – | ||
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 32 ended
Active mandates
Ended mandates
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/03/2026 | 09/09/2025 | 10/07/2024 | 19/07/2023 | 30/06/2022 | 22/07/2021 |
| General meeting | 04/03/2026 | 25/06/2025 | 25/06/2024 | 20/06/2023 | 03/06/2022 | 02/07/2021 |
| 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
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Annual accounts filings
9 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 04/03/2026 | 30/03/2026 | French | |
| Abridged model | 31/12/2024 | 25/06/2025 | 09/09/2025 | French | |
| Abridged model | 31/12/2023 | 25/06/2024 | 10/07/2024 | French | |
| Abridged model | 31/12/2022 | 20/06/2023 | 19/07/2023 | French | |
| Abridged model | 31/12/2021 | 03/06/2022 | 30/06/2022 | French | |
| Abridged model | 31/12/2020 | 02/07/2021 | 22/07/2021 | French | |
| Abridged model | 31/12/2019 | 09/06/2020 | 30/11/2020 | French | |
| Micro model | 31/12/2018 | 04/06/2019 | 26/06/2019 | French | |
| Micro model | 31/12/2017 | 05/06/2018 | 26/07/2018 | French |
Valuation
Estimate
Indicative valuation
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 31/12/2025 · 4 active · 32 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Dissolution02/04/2026RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
- Mandates29/08/2024DEMISSIONS, NOMINATIONS
- Capital / shares26/08/2020STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
- Capital / shares27/03/2020CAPITAL, ACTIONS
- Capital / shares27/11/2019CAPITAL, ACTIONS
- Mandates25/03/2019DEMISSIONS, NOMINATIONS
- Capital / shares25/09/2018CAPITAL, ACTIONS
- Capital / shares03/11/2017CAPITAL, ACTIONS
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 202587,3 k €↑
- 2024Annual accounts 2024-191,7 k €↓
- 2023Annual accounts 2023-156,8 k €↑
- 2022Annual accounts 2022-267,6 k €↑
- 2021Annual accounts 2021-270 k €↓
- 2020Annual accounts 2020-169,3 k €↓
- 2019Annual accounts 2019-108,7 k €↑
- 2018Annual accounts 2018-112,3 k €↓
- 2017Annual accounts 2017-81 k €