TIELT PAINT
ActiveTIELT PAINT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €12k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 7932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▼-34
Solvency72▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.93 in 2024; short-term debt: 52.9% and cash: 44.4% of total assets), but 52.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
47.1%
Return on assets
3%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-04-2026, 108 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
108 d early
2024
153 d early
2023
44 d early
2022
44 d late
2021
61 d early
2020
23 d late
2019
21 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€191k▲ 3.9%
2024 · €184k
2018: €113k
2019: €124k
2020: €167k
2021: €177k
2022: €159k
2023: €167k
2024: €184k
2018 → 2025
Total assets
€406k▲ 6.7%
2024 · €381k
2018: €285k
2019: €320k
2020: €359k
2021: €347k
2022: €347k
2023: €369k
2024: €381k
2018 → 2025
Net result
€12k▼ 54.8%
2024 · €27k
2018: €24k
2019: €11k
2020: €72k
2021: €10k
2022: €-18k
2023: €9k
2024: €27k
2018 → 2025
Working capital
€187k▲ 3.0%
2024 · €182k
2018: €29k
2019: €63k
2020: €108k
2021: €144k
2022: €149k
2023: €162k
2024: €182k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€177k-€159k▼ 10.2%€167k▲ 5.4%€184k▲ 10.0%€191k▲ 3.9%
Operating result€9k-€-24k€10k€33k▲ 229%€16k▼ 53.4%
Net result€10k-€-18k€9k€27k▲ 212%€12k▼ 54.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €406k
Fixed assets
€4k▲ 75.1%
Current assets
€402k▲ 6.3%
Equity and liabilities €406k
Equity
€191k▲ 3.9%
Debt
€215k▲ 9.4%
The debt ratio rises from 51.6% to 52.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €39k
Cash flow
€13k▼
2024 · €32k
Solvency
47.1%▼
2024 · 48.4%
Current ratio
1.87▼
2024 · 1.93
Quick ratio
1.55▲
2024 · 1.53
Debt / equity
1.12▲
2024 · 1.07
ROE
6.3%▼
2024 · 14.5%
ROA
3.0%▼
2024 · 7.0%
Interest coverage
1.79▼
2024 · 5.25
Debt
€215k▲
2024 · €197k
Debt ≤ 1 year
€215k▲
2024 · €197k
Income taxes
€5k▼
2024 · €9k
Staff costs
€198k▲
2024 · €170k
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€381k€406k▲
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€2k€4k▲
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€0-
Other tangible fixed assets26€0-
Current assets29/58€378k€402k▲
Stocks and contracts in progress3€78k€70k▼
Stocks30/36€78k€70k▼
Amounts receivable within one year40/41€49k€49k▼
Trade receivables40€49k€30k▼
Other amounts receivable41€0€18k▲
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€151k€180k▲
Deferred charges and accrued income490/1€870€3k▲
Equity and liabilities
Total equity and liabilities10/49€381k€406k▲
Equity10/15€184k€191k▲
Contributions10/11€125k€125k=
Reserves13€59k€66k▲
Distributable reserves133€59k€66k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€197k€215k▲
Amounts payable within one year42/48€197k€215k▲
Trade debts44€30k€40k▲
Suppliers440/4€30k€40k▲
Taxes, remuneration and social security45€26k€38k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€20k€31k▲
Other amounts payable47/48€141k€137k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€1k▼
Remuneration, social security and pensions62€170k€198k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€462▼
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€72€3k▲
Gross operating margin9900€210k€218k▲
Operating profit (loss)9901€33k€16k▼
Financial income75/76B€9k€10k▲
Recurring financial income75€9k€10k▲
Financial charges65/66B€7k€9k▲
Recurring financial charges65€7k€9k▲
Profit (loss) for the period before taxes9903€36k€17k▼
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€27k€12k▼
Profit (loss) for the period to be appropriated9905€27k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€12k▼
Transfer to equity691/2€17k€7k▼
To other reserves6921€17k€7k▼
Profit to be distributed694/7€10k€5k▼
Directors or managers695€10k€5k▼
Social balance
Average headcount (FTE)90872.93.1▲
The notes to these accounts (8 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
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
31-12
Financial
Weakest financial yearnet €-18k ▼275%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Highest result since 2018net €72k ▲544%
Operating result €78k, net result €72k, both a record.
31-12
Financial
Equity above €150kEq €167k ▲33.9%
3 profitable years in a row build equity to €167k.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 41 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 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, Deinze · 1 establishment unit since 2014
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.
Staggestraat 189800 DeinzeGround area
2.2 ha
Building footprint
7,330 m²
Volume, LiDAR
36,971 m³
2 parcels, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Colora Tielt
since 20142.232.750.651
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37015A0957/00E000 | Flanders | 2.0 ha | 1 · 7,012 m² | 11.5 m · 2 fl. |
| 44069A0897/00L000 | Flanders | 2,300 m² | 1 · 319 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,470 EUR awarded · 1,430 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,215 EUR | 1,430 EUR |
| 2022 | 1 | 255 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 230 companies in sector 46833 we hold annual accounts for 143. 109 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-06-2014
Fiscal year end31-12
Activities, NACEBEL
46833Wholesale trade
47526Retail trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.