LE TILLEUL
ActiveLE TILLEUL has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €8k. Its solvency ranks better than 32% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+13
Solvency40▲+3
Growth78
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.14 in 2023; short-term debt: 72% and cash: 0.3% of total assets), and 85.1% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
14.9%
Return on assets
3.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€39k▲ 28.0%
2023 · €30k
2023: €30k
2023 → 2024
Total assets
€261k▲ 1.7%
2023 · €257k
2023: €257k
2023 → 2024
Net result
€8k
2023 · €-18k
2023: €-18k
2023 → 2024
Working capital
€-156k▼ 5.8%
2023 · €-148k
2023: €-148k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€30k-€39k▲ 28.0%
Operating result€-19k-€2k
Net result€-18k-€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2k after a loss of €19k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €261k
Fixed assets
€229k▼ 1.4%
Current assets
€32k▲ 31.8%
Equity and liabilities €261k
Equity
€39k▲ 28.0%
Provisions
€0▼ 100%
Debt
€222k▲ 2.2%
The debt ratio rises from 84.7% to 85.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k▲
2023 · €11k
Cash flow
€40k▲
2023 · €12k
Solvency
14.9%▲
2023 · 11.8%
Current ratio
0.17▲
2023 · 0.14
Quick ratio
0.15▲
2023 · 0.12
Debt / equity
5.71▼
2023 · 7.15
ROE
21.9%▲
2023 · -58.9%
ROA
3.3%▲
2023 · -7.0%
Interest coverage
64.47▲
2023 · 17.51
Debt
€222k▲
2023 · €217k
Debt ≤ 1 year
€188k▲
2023 · €172k
Debt > 1 year
€34k▼
2023 · €46k
Income taxes
€2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€257k€261k▲
Fixed assets21/28€233k€229k▼
Tangible fixed assets22/27€233k€229k▼
Plant, machinery and equipment23€142k€122k▼
Furniture and vehicles24€90k€107k▲
Current assets29/58€24k€32k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€18k€28k▲
Trade receivables40€12k€26k▲
Other amounts receivable41€5k€2k▼
Cash at bank and in hand54/58€2k€805▼
Equity and liabilities
Total equity and liabilities10/49€257k€261k▲
Equity10/15€30k€39k▲
Contributions10/11€2k€2k=
Reserves13€37k€744▼
Tax-exempt reserves132€36k-
Distributable reserves133€744€744=
Profit (loss) carried forward14€-9k€36k▲
Provisions and deferred taxes16€9k-
Deferred taxes168€9k-
Amounts payable17/49€217k€222k▲
Amounts payable after more than one year17€46k€34k▼
Financial debts170/4€46k€34k▼
Amounts payable within one year42/48€172k€188k▲
Current portion of amounts payable after more than one year42€11k€11k=
Trade debts44€12k€15k▲
Suppliers440/4€12k€15k▲
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3-€3k
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€146k€157k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€32k▲
Other operating charges640/8-€616
Gross operating margin9900€11k€34k▲
Operating profit (loss)9901€-19k€2k▲
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€624€522▼
Recurring financial charges65€624€522▼
Profit (loss) for the period before taxes9903€-19k€2k▲
Transfer from deferred taxes780€2k€9k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-18k€8k▲
Transfer from tax-exempt reserves789€6k€36k▲
Profit (loss) for the period to be appropriated9905€-12k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€36k▲
Profit (loss) brought forward from the previous period14P€3k€-9k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Paliseul · 1 establishment unit since 1994
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.
Rue du Tilleul,Offagne 126850 PaliseulGround area
743 m²
Building footprint
399 m²
Volume, LiDAR
3,441 m³
Parcel 84047A0025/00F000, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Tilleul,Offagne 12, 6850 Paliseul
since 19942.065.383.386
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84047A0025/00F000 | Wallonia | 743 m² | 1 · 399 m² | 11.5 m · 3 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.
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 878 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded20-01-1994
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
01610Support activities for crop production
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:michel.mazy@hotmail.com