ACTIVE

TIVAN

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Financial year 2025 · closed on 31/12/2025

Net result

-2,8 k €

-141.8% YoY

Gross margin

137,5 k €

-15.6% YoY

Equity

160,1 k €

-1.9% YoY

What does TIVAN do?

TIVAN is a Private limited company incorporated in 2005. Its registered office is in Houthulst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.760.171

Incorporation

25/03/2005

Legal form

Private limited company

Registered office

Nijverheidsstraat 15
8650 Houthulst · FlandreSee on map

Contributed capital

20 460,00 €

Latest accounts

31/12/2025

Joint committees (3)

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	137,5 k €	-15.6%	163 k €	+11.2%	146,5 k €	-18.7%	180,2 k €	+18.6%	151,9 k €	-15.8%	180,4 k €	-17.2%	217,9 k €	-15.2%	257,1 k €	-0.0%	257,2 k €	-11.3%	289,9 k €	+5.7%	274,3 k €	+0.6%	272,7 k €	-7.0%	293,1 k €	+7.1%	273,7 k €	+31.2%	208,6 k €	-7.3%	225 k €	-1.0%	227,3 k €	+54.2%	147,4 k €	+65.5%	89,1 k €	+28.6%	69,3 k €
EBITDA	58,4 k €	-25.2%	78 k €	+24.7%	62,6 k €	-39.5%	103,4 k €	+36.7%	75,7 k €	-13.1%	87,1 k €	+30.8%	66,6 k €	-31.3%	96,9 k €	+2.1%	94,9 k €	-11.5%	107,3 k €	+12.4%	95,4 k €	-6.9%	102,5 k €	-12.7%	117,4 k €	+14.5%	102,5 k €	+113%	48,2 k €	-45.9%	89,2 k €	-9.7%	98,7 k €	+13.4%	87 k €	+47.0%	59,2 k €	+1.5%	58,3 k €
Operating result	9,4 k €	-64.6%	26,5 k €	+123%	11,9 k €	-77.6%	53,1 k €	+170%	19,7 k €	-14.5%	23 k €	+527%	3,7 k €	-84.3%	23,4 k €	+10.6%	21,1 k €	-45.3%	38,6 k €	+40.4%	27,5 k €	-32.2%	40,6 k €	-45.3%	74,2 k €	+22.0%	60,8 k €	+65222%	-93,4 €	-100%	22,6 k €	+0.8%	22,4 k €	+18.1%	19 k €	+1251%	-1,6 k €	-112%	13,8 k €
Net result	-2,8 k €	-142%	6,7 k €	+1245%	-581,2 €	-102%	29,2 k €	+852%	3,1 k €	-53.9%	6,7 k €	+159%	-11,2 k €	-414%	3,6 k €	+285%	927,8 €	-94.6%	17 k €	+137%	7,2 k €	-68.9%	23,1 k €	-40.5%	38,7 k €	-1.1%	39,2 k €	+256%	-25,1 k €	-599%	5 k €	-38.3%	8,2 k €	+219%	2,6 k €	+115%	-16,7 k €	-530%	3,9 k €
Balance sheet
Equity	160,1 k €	-1.9%	163,2 k €	+4.0%	156,9 k €	-0.6%	157,8 k €	+22.4%	128,9 k €	+2.2%	126,2 k €	+5.3%	119,9 k €	-8.8%	131,4 k €	+0.5%	130,8 k €	-0.0%	130,8 k €	+4.5%	125,2 k €	+11.0%	112,8 k €	+25.7%	89,7 k €	+76.0%	51 k €	+332%	11,8 k €	-68.0%	36,9 k €	+15.8%	31,9 k €	+34.4%	23,7 k €	+12.1%	21,2 k €	-44.1%	37,9 k €
Total assets	464,4 k €	-13.9%	539,3 k €	-6.1%	574,1 k €	-8.0%	624,3 k €	-8.3%	680,9 k €	-5.2%	718,5 k €	+8.0%	665,4 k €	-6.0%	707,8 k €	-13.2%	815,9 k €	-2.6%	837,7 k €	+7.6%	778,7 k €	+2.8%	757,6 k €	+87.7%	403,6 k €	+1.6%	397,4 k €	-17.9%	484,1 k €	+7.1%	452,2 k €	-4.1%	471,4 k €	+12.5%	419,1 k €	+6.5%	393,4 k €	-14.2%	458,6 k €
Cash	13,8 k €	-29.1%	19,5 k €	+192%	6,7 k €	-8.9%	7,3 k €	-55.3%	16,4 k €	+34.0%	12,2 k €	+2790%	422,8 €	-78.6%	2 k €	-78.9%	9,4 k €	+122%	4,2 k €	-74.6%	16,6 k €	+254%	4,7 k €	-84.2%	29,6 k €	+139%	12,4 k €	-29.9%	17,6 k €	-57.7%	41,7 k €	+12.4%	37,1 k €	+469%	6,5 k €	-46.7%	12,2 k €	-84.5%	78,8 k €
Debts	304,3 k €	-19.1%	376,1 k €	-9.9%	417,2 k €	-10.6%	466,5 k €	-15.5%	551,9 k €	-6.6%	591,1 k €	+8.3%	545,6 k €	-5.3%	576,4 k €	-15.9%	685,1 k €	-2.4%	702,1 k €	+7.4%	653,6 k €	+1.4%	644,8 k €	+120%	292,4 k €	-15.0%	344 k €	-26.9%	470,3 k €	+14.0%	412,8 k €	-5.2%	435,4 k €	+10.1%	395,4 k €	+6.2%	372,2 k €	-11.5%	420,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		3,0 ETP	-14.3%	3,5 ETP	-2.8%	3,6 ETP	0.0%	3,6 ETP	0.0%	3,6 ETP	0.0%	3,6 ETP	+2.9%	3,5 ETP	+6.1%	3,3 ETP	+13.8%	2,9 ETP	+61.1%	1,8 ETP	+80.0%	1,0 ETP	+100%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

IVAN PYPE

Director

Active

TINEKE DESMET

Director

Active

Ended mandates

Tineke Desmet

Manager · since 01 janvier 2016

Ended

TINEKE DESMET

Administrator - manager · since 01 janvier 2016

Ended

Ivan PYPE

Manager · since 01 avril 2005

Ended

Koen PYPE

Manager · since 01 avril 2005

Ended

At this address

Other companies at this address

Company	CBE no.
IZR-werken● Active	0896.721.844

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	22/07/2026	28/07/2025	29/08/2024	31/08/2023	06/09/2022	31/08/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	26/05/2023	27/05/2022	28/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	12/06/2026	22/07/2026	Dutch	PDF
Micro model	31/12/2024	13/06/2025	28/07/2025	Dutch	PDF
Micro model	31/12/2023	14/06/2024	29/08/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	06/09/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	13/08/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	28/09/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	29/09/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/09/2011	16/11/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	17/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	21/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 2 active · 8 ended

Active mandates

IVAN PYPE

Director

Active

TINEKE DESMET

Director

Active

Ended mandates

Tineke Desmet

Manager · since 01 janvier 2016

Ended

TINEKE DESMET

Administrator - manager · since 01 janvier 2016

Ended

Ivan PYPE

Manager · since 01 avril 2005

Ended

Koen PYPE

Manager · since 01 avril 2005

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates08/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/02/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other05/04/2005
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 2025-2,8 k €↓
2024
Annual accounts 20246,7 k €↑
2023
Annual accounts 2023-581,2 €↓
2022
Annual accounts 202229,2 k €↑
2021
Annual accounts 20213,1 k €↓
2020
Annual accounts 20206,7 k €↑
2019
Annual accounts 2019-11,2 k €↓
2018
Annual accounts 20183,6 k €↑
2017
Annual accounts 2017927,8 €↓
2016
Annual accounts 201617 k €↑
2015
Annual accounts 20157,2 k €↓
2014
Annual accounts 201423,1 k €↓
2013
Annual accounts 201338,7 k €↓
2012
Annual accounts 201239,2 k €↑
2011
Annual accounts 2011-25,1 k €↓
2010
Annual accounts 20105 k €↓
2009
Annual accounts 20098,2 k €↑
2008
Annual accounts 20082,6 k €↑
2007
Annual accounts 2007-16,7 k €↓
2006
Annual accounts 20063,9 k €
25/03/2005
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 20 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