BELGIAN TILE CENTRE
ActiveBELGIAN TILE CENTRE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.07M and a net result of €32k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 32% of 4852 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▲+5
Solvency54=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.33 in 2024; short-term debt: 65.8% and cash: 2.5% of total assets), and 71% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29%
Return on assets
0.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
36 d late
2023
29 d late
2022
30 d late
2021
29 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€32k▲ 51.3%
2024 · €21k
2018: €47k
2019: €36k
2020: €37k
2021: €51k
2022: €38k
2023: €81k
2024: €21k
2018 → 2025
Working capital
€1.08M▲ 24.5%
2024 · €864k
2018: €583k
2019: €601k
2020: €625k
2021: €682k
2022: €727k
2023: €855k
2024: €864k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€896k-€934k▲ 4.3%€1.02M▲ 8.7%€1.04M▲ 2.1%€1.07M▲ 3.1%
Operating result€95k-€93k▼ 2.2%€191k▲ 105%€117k▼ 38.7%€121k▲ 3.7%
Net result€51k-€38k▼ 24.9%€81k▲ 113%€21k▼ 74.3%€32k▲ 51.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.69M
Fixed assets
€184k▲ 6.9%
Current assets
€3.50M▲ 1.3%
Equity and liabilities €3.69M
Equity
€1.07M▲ 3.1%
Debt
€2.62M▲ 0.9%
The debt ratio falls from 71.4% to 71.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€140k▲
2024 · €128k
Cash flow
€51k▲
2024 · €32k
Solvency
29.0%▲
2024 · 28.6%
Current ratio
1.44▲
2024 · 1.33
Quick ratio
0.81▲
2024 · 0.73
Debt / equity
2.45▼
2024 · 2.50
ROE
3.0%▲
2024 · 2.0%
ROA
0.9%▲
2024 · 0.6%
Interest coverage
2.14▲
2024 · 1.61
Debt
€2.62M▲
2024 · €2.59M
Debt ≤ 1 year
€2.43M▼
2024 · €2.59M
Debt > 1 year
€192k
Income taxes
€24k▲
2024 · €17k
Staff costs
€505k▲
2024 · €440k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.63M€3.69M▲
Fixed assets21/28€173k€184k▲
Intangible fixed assets21€6k€4k▼
Tangible fixed assets22/27€148k€162k▲
Land and buildings22€128k€127k▼
Plant, machinery and equipment23€10k€13k▲
Furniture and vehicles24€10k€22k▲
Financial fixed assets28€18k€18k=
Current assets29/58€3.46M€3.50M▲
Stocks and contracts in progress3€1.58M€1.54M▼
Stocks30/36€1.58M€1.54M▼
Amounts receivable within one year40/41€1.75M€1.72M▼
Trade receivables40€1.57M€1.65M▲
Other amounts receivable41€175k€67k▼
Current investments50/53-€150k
Cash at bank and in hand54/58€134k€91k▼
Equity and liabilities
Total equity and liabilities10/49€3.63M€3.69M▲
Equity10/15€1.04M€1.07M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€927k€959k▲
Amounts payable17/49€2.59M€2.62M▲
Amounts payable after more than one year17-€192k
Financial debts170/4-€192k
Amounts payable within one year42/48€2.59M€2.43M▼
Current portion of amounts payable after more than one year42€0€47k▲
Financial debts43€1.25M€1.00M▼
Credit institutions430/8€1.25M€1.00M▼
Trade debts44€1.30M€1.28M▼
Suppliers440/4€1.30M€1.28M▼
Taxes, remuneration and social security45€28k€78k▲
Taxes450/3€0€24k▲
Remuneration and social security454/9€28k€54k▲
Other amounts payable47/48€15k€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€440k€505k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€19k▲
Other operating charges640/8€11k€15k▲
Non-recurring operating charges66A€107€0▼
Gross operating margin9900€579k€660k▲
Operating profit (loss)9901€117k€121k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€79k€66k▼
Recurring financial charges65€79k€66k▼
Profit (loss) for the period before taxes9903€38k€55k▲
Income taxes67/77€17k€24k▲
Profit (loss) for the period9904€21k€32k▲
Profit (loss) for the period to be appropriated9905€21k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€927k€959k▲
Profit (loss) brought forward from the previous period14P€906k€927k▲
Social balance
Average headcount (FTE)90878.28.6▲
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
05-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 36 days late
2024
31-12
Financial
Weakest financial yearnet €21k ▼74.3%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €81k ▲113%
Operating result €191k, net result €81k, both a record.
31-12
Financial
Equity above €1MEq €1.02M ▲8.7%
6 profitable years in a row build equity to €1.02M.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Knokkebaan 239880 AalterGround area
764 m²
Building footprint
344 m²
Volume, LiDAR
1,463 m³
Parcel 44503H0076/00B002, Flanders · tallest building 8.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
belgian tile centre
since 20032.133.786.105
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44503H0076/00B002 | Flanders | 764 m² | 1 · 344 m² | 8.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
1 categoryBELGIAN TILE CENTRE NV36154
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Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 997 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-10-2003
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51471
52461
43331Floor and wall tiling
46130Agents in the wholesale of timber and building materials
46190Agents in non-specialised wholesale trade
46494Wholesale of non-electrical household articles
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.