ACTIVE

TIVAN

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Financial year 2025 · closed on 31/12/2025

Net result

176,8 k €

-37.9% YoY

Gross margin

561,9 k €

-10.0% YoY

Equity

4,4 M €

+4.2% YoY

Workforce

0,3 ETP

0.0% YoY

What does TIVAN do?

TIVAN is a Private limited company incorporated in 2012. Its main activity is: Management of real estate on a fee or contract basis. Its registered office is in Kruisem. It employs on average 0,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0848.492.553

Incorporation

06/09/2012

Legal form

Private limited company

Registered office

Ledepontweg (WAN) 1
9772 Kruisem · FlandreSee on map

Contributed capital

3 000 000,00 €

Latest accounts

31/12/2025

Average workforce

0,3 ETP

Activities (NACE)

68321Management of real estate on a fee or contract basis· main 68321Management of real estate on a fee or contract basis 77229Rental of video tapes and disks 77299Rental and leasing of other personal and household goods

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	561,9 k €	-10.0%	624,1 k €	-13.4%	720,6 k €	+12.5%	640,6 k €	+6.7%	600,6 k €	-3.2%	620,2 k €	+1.4%	611,5 k €	-0.5%	614,4 k €	-9.0%	674,9 k €	+25.0%	540 k €	+81.5%	297,6 k €	-35.6%	461,8 k €	+53.4%	301 k €
EBITDA	484,5 k €	-11.9%	549,9 k €	-15.4%	649,9 k €	+12.7%	576,5 k €	+7.2%	538 k €	-3.5%	557,5 k €	+0.4%	555,6 k €	+52.0%	365,6 k €	-39.3%	602 k €	+24.9%	482,1 k €	+120%	219,2 k €	-45.9%	405,6 k €	+78.7%	227 k €
Operating result	146,2 k €	-16.8%	175,7 k €	+14330%	1,2 k €	-99.2%	158,6 k €	-7.5%	171,4 k €	+53.4%	111,7 k €	-34.8%	171,4 k €	+887%	-21,8 k €	-120%	108,3 k €	+1327%	7,6 k €	+103%	-233,1 k €	-561%	50,6 k €	+114%	-371,7 k €
Net result	176,8 k €	-37.9%	284,9 k €	+83.2%	155,5 k €	-43.4%	274,5 k €	+174%	100,3 k €	-56.6%	231,1 k €	-30.0%	330,1 k €	+559%	50,1 k €	-72.9%	184,8 k €	+111%	87,8 k €	+145%	-193,9 k €	-484%	50,5 k €	+114%	-368,9 k €
Balance sheet
Equity	4,4 M €	+4.2%	4,2 M €	+7.3%	3,9 M €	+4.2%	3,7 M €	+7.9%	3,5 M €	+3.0%	3,4 M €	+7.4%	3,1 M €	+11.7%	2,8 M €	+1.8%	2,8 M €	+7.2%	2,6 M €	+3.5%	2,5 M €	-7.2%	2,7 M €	+1.9%	2,6 M €
Total assets	13,3 M €	-1.9%	13,6 M €	+4.8%	13 M €	-2.4%	13,3 M €	+5.1%	12,6 M €	-0.1%	12,7 M €	+1.5%	12,5 M €	+3.4%	12 M €	+0.1%	12 M €	+0.4%	12 M €	+2.5%	11,7 M €	+157%	4,6 M €	-2.3%	4,7 M €
Cash	79,1 k €	-38.4%	128,2 k €	+40.8%	91,1 k €	-58.0%	216,6 k €	-31.0%	313,8 k €	+39.5%	225 k €	+278%	59,4 k €	-1.9%	60,6 k €	+317%	14,5 k €	-89.6%	139,4 k €	+1335%	9,7 k €	+1755%	523,5 €	-97.2%	18,8 k €
Debts	9 M €	-4.6%	9,4 M €	+3.7%	9,1 M €	-4.9%	9,5 M €	+4.1%	9,2 M €	-1.3%	9,3 M €	-0.4%	9,3 M €	+0.9%	9,2 M €	-0.4%	9,3 M €	-1.4%	9,4 M €	+2.4%	9,2 M €	+396%	1,9 M €	-8.9%	2 M €
Other
Workforce	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	-40.0%	0,5 ETP	0.0%	0,5 ETP	-54.5%	1,1 ETP	+10.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP	0.0%	0,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Nicole PARMENTIER

Manager · since 30 août 2012

Active

Ended mandates

Nicole PARMENTIER

Director · since 30 août 2012

Ended

Nicole PARMENTIER

Administrator - manager · since 30 août 2012

Ended

Nicole PARMENTIER

Manager

Ended

At this address

Other companies at this address

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JEVAN● Active	0737.738.250
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Maatschap BETA● Active	0720.683.769
RAVAN● Active	0737.737.359
Stichting Administratiekantoor DINIK● Active	1018.042.912

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	29/06/2026	15/07/2025	21/06/2024	17/07/2023	08/07/2022	20/07/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	24/06/2023	25/06/2022	26/06/2021
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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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	19/06/2025	15/07/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	21/06/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	23/07/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	09/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	20/07/2018	Dutch	PDF
Abridged model	31/12/2016	24/06/2017	12/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	22/07/2014	Dutch	PDF

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Nicole PARMENTIER

Manager · since 30 août 2012

Active

Ended mandates

Nicole PARMENTIER

Director · since 30 août 2012

Ended

Nicole PARMENTIER

Administrator - manager · since 30 août 2012

Ended

Nicole PARMENTIER

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other18/09/2012
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025176,8 k €↓
2024
Annual accounts 2024284,9 k €↑
2023
Annual accounts 2023155,5 k €↓
2022
Annual accounts 2022274,5 k €↑
2021
Annual accounts 2021100,3 k €↓
2020
Annual accounts 2020231,1 k €↓
2019
Annual accounts 2019330,1 k €↑
2018
Annual accounts 201850,1 k €↓
2017
Annual accounts 2017184,8 k €↑
2016
Annual accounts 201687,8 k €↑
2015
Annual accounts 2015-193,9 k €↓
2014
Annual accounts 201450,5 k €↑
2013
Annual accounts 2013-368,9 k €
06/09/2012
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TIVAN

Overview

What does TIVAN do?

Trend over 13 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline