NORMAL SITUATION

TIO

Financial year 2022 · closed on 31/01/2022
Net result
9,4 k €
-23.5% YoY
Gross margin
90,6 k €
+29.8% YoY
Equity
128 k €
+7.9% YoY
Workforce
1,7 ETP
-15.0% YoY

Company — Normal situation.

What does TIO do?

TIO is a company registered in Belgium. It employs on average 1,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0885.533.685
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/01/2022
Average workforce
1,7 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin90,6 k €69,8 k €75,9 k €66,5 k €64,5 k €114 k €118 k €236,6 k €167,7 k €145,3 k €165,2 k €169 k €194,5 k €61,3 k €147,6 k €
EBITDA15,5 k €20,3 k €12,6 k €15,3 k €4,6 k €19,3 k €44,3 k €173,1 k €95,9 k €91,7 k €72,2 k €91,1 k €114,3 k €847 €95,7 k €
Operating result14,2 k €16,9 k €7,5 k €10,5 k €-3,1 k €17,9 k €5,6 k €149,4 k €72 k €58 k €16,5 k €33,9 k €57,8 k €-53 k €59,7 k €
Net result9,4 k €12,3 k €1,9 k €5,7 k €-6,4 k €9,7 k €1,4 k €115,3 k €42 k €38,3 k €767,7 €14,8 k €34,7 k €-78,7 k €22,3 k €
Balance sheet
Equity128 k €118,6 k €106,3 k €104,4 k €98,7 k €105,2 k €95,5 k €94,1 k €83,7 k €41,8 k €28,5 k €27,7 k €24,9 k €-9,8 k €20,9 k €
Total assets318,2 k €307,1 k €392,4 k €513,1 k €400 k €473,8 k €439,9 k €634 k €569,5 k €598,3 k €644,9 k €652,9 k €606,3 k €648,7 k €720 k €
Cash26,4 k €8,5 k €7,2 k €14 k €10,6 k €18,5 k €23,4 k €32,6 k €13,5 k €14,4 k €5,8 k €3,2 k €36,5 k €6,2 k €16,2 k €
Debts188 k €188,5 k €284 k €406,1 k €297,9 k €365,9 k €340,9 k €536,6 k €482,5 k €553,7 k €613,8 k €623,1 k €578 k €656,9 k €675,9 k €
Other
Workforce1,7 ETP2,0 ETP1,7 ETP1,7 ETP1,6 ETP2,6 ETP2,4 ETP2,0 ETP2,5 ETP2,0 ETP2,4 ETP2,7 ETP2,8 ETP2,4 ETP2,2 ETP
Governance

Board of directors

Seen on filing of 31/01/2022 · 1 active · 6 ended

Active mandates

THOLUS

Director · since 01 octobre 2015 · 0466.751.132

Represented by Marleen De Vliegher

Active

Ended mandates

THOLUS

Manager · since 01 octobre 2015 · 0466.751.132

Represented by Marleen De Vliegher

Ended
DEVLO

Manager · since 01 octobre 2012 · 0455.889.607

Represented by Marleen De Vliegher

Ended
DEVLO

Manager · since 01 octobre 2012 · until 30 septembre 2015 · 0455.889.607

Represented by Marleen De Vliegher

Ended
THOLUS

Manager · until 30 septembre 2012 · 0466.751.132

Represented by Marleen De Vliegher

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/02/202101/02/202001/02/201901/02/201801/02/201701/02/2016
Closing of the financial year31/01/202231/01/202131/01/202031/01/201931/01/201831/01/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/07/202206/07/202117/07/202003/07/201905/07/201817/07/2017
General meeting04/07/202205/07/202106/07/202001/07/201902/07/201803/07/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/01/202204/07/202215/07/2022DutchPDF
Abridged model31/01/202105/07/202106/07/2021DutchPDF
Abridged model31/01/202006/07/202017/07/2020DutchPDF
Abridged model31/01/201901/07/201903/07/2019DutchPDF
Abridged model31/01/201802/07/201805/07/2018DutchPDF
Abridged model31/01/201703/07/201717/07/2017DutchPDF
Abridged model31/01/201604/07/201606/07/2016DutchPDF
Abridged model31/01/201506/07/201517/07/2015DutchPDF
Abridged model31/01/201407/07/201417/07/2014DutchPDF
Abridged model31/01/201301/07/201305/07/2013DutchPDF
Abridged model31/01/201202/07/201203/07/2012DutchPDF
Abridged model31/01/201104/07/201107/07/2011DutchPDF
Abridged model31/01/201005/07/201006/07/2010DutchPDF
Abridged model31/01/200914/07/200916/07/2009DutchPDF
Abridged model31/01/200807/07/200808/07/2008DutchPDF
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.

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 31/01/2022 · 1 active · 6 ended

Active mandates

THOLUS

Director · since 01 octobre 2015 · 0466.751.132

Represented by Marleen De Vliegher

Active

Ended mandates

THOLUS

Manager · since 01 octobre 2015 · 0466.751.132

Represented by Marleen De Vliegher

Ended
DEVLO

Manager · since 01 octobre 2012 · 0455.889.607

Represented by Marleen De Vliegher

Ended
DEVLO

Manager · since 01 octobre 2012 · until 30 septembre 2015 · 0455.889.607

Represented by Marleen De Vliegher

Ended
THOLUS

Manager · until 30 septembre 2012 · 0466.751.132

Represented by Marleen De Vliegher

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2022
    Annual accounts 20229,4 k €
  2. 2021
    Annual accounts 202112,3 k €
  3. 2020
    Annual accounts 20201,9 k €
  4. 2019
    Annual accounts 20195,7 k €
  5. 2018
    Annual accounts 2018-6,4 k €
  6. 2017
    Annual accounts 20179,7 k €
  7. 2016
    Annual accounts 20161,4 k €
  8. 2015
    Annual accounts 2015115,3 k €
  9. 2014
    Annual accounts 201442 k €
  10. 2013
    Annual accounts 201338,3 k €
  11. 2012
    Annual accounts 2012767,7 €
  12. 2011
    Annual accounts 201114,8 k €
  13. 2010
    Annual accounts 201034,7 k €
  14. 2009
    Annual accounts 2009-78,7 k €
  15. 2008
    Annual accounts 200822,3 k €