TILEVATE
ActiveSummary
TILEVATE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3,028 and a net result of -€27,815. Equity is shrinking by ~22.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 10% of 8074 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 15-07-2026, 16 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
16 d early
2024
34 d early
2023
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€3,028▼ 90.2%
2024 · €30,844
Net result
-€27,815
2024 · €25,354
Total assets
€175,085▲ 232%
2024 · €52,709
Solvency
1.7%▼ 56.8pp
2024 · 58.5%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€5,065-€34,933▲ 590%-€25,324
Net result€2,489-€25,354▲ 919%-€27,815
Equity€5,489-€30,844▲ 462%€3,028▼ 90.2%
Total assets€28,602-€52,709▲ 84.3%€175,085▲ 232%
Debt€23,113-€21,865▼ 5.4%€172,056▲ 687%
Working capital€9,637-€31,891▲ 231%-€106,349
Solvency19.2%-58.5%▲ 39.3pp1.7%▼ 56.8pp
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Total assets +232% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25,324 after €34,933 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175,085
Fixed assets
€132,793 ▲ 2,927%
Current assets
€42,292 ▼ 12.5%
Equity and liabilities €175,085
Equity
€3,028 ▼ 90.2%
Debt
€172,056 ▲ 687%
Debt's share of the balance-sheet total rises from 41.5% to 98.3%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-918.6%▼
2024 · 82.2%
ROA
-15.9%▼
2024 · 48.1%
Debt ≤ 1 year
€148,641▲
2024 · €16,431
Debt > 1 year
€23,139▲
2024 · €5,164
Income taxes
€198▼
2024 · €7,232
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €983 | €1,902 | €1,594 | ▼ 16.2% |
| Other operating charges640/8 | €807 | €330 | €387 | ▲ 17.1% |
| Gross operating margin9900 | €6,856 | €37,166 | -€23,344 | ▼ 163% |
| Operating profit (loss)9901 | €5,065 | €34,933 | -€25,324 | ▼ 172% |
| Financial income75/76B | €2 | €0 | - | - |
| Recurring financial income75 | €2 | €0 | - | - |
| Financial charges65/66B | €879 | €2,346 | €2,293 | ▼ 2.3% |
| Recurring financial charges65 | €879 | €2,346 | €2,293 | ▼ 2.3% |
| Profit (loss) for the period before taxes9903 | €4,188 | €32,587 | -€27,617 | ▼ 185% |
| Income taxes67/77 | €1,698 | €7,232 | €198 | ▼ 97.3% |
| Profit (loss) for the period9904 | €2,489 | €25,354 | -€27,815 | ▼ 210% |
| Profit (loss) for the period to be appropriated9905 | €2,489 | €25,354 | -€27,815 | ▼ 210% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €28,602 | €52,709 | €175,085 | ▲ 232% |
| Formation expenses20 | €486 | €0 | - | - |
| Fixed assets21/28 | €2,502 | €4,386 | €132,793 | ▲ 2,927% |
| Tangible fixed assets22/27 | €2,502 | €4,386 | €2,793 | ▼ 36.3% |
| Furniture and vehicles24 | €2,502 | €2,734 | €1,318 | ▼ 51.8% |
| Other tangible fixed assets26 | - | €1,652 | €1,474 | ▼ 10.7% |
| Financial fixed assets28 | - | - | €130,000 | - |
| Current assets29/58 | €25,614 | €48,323 | €42,292 | ▼ 12.5% |
| Amounts receivable within one year40/41 | €11,969 | €34,330 | €38,767 | ▲ 12.9% |
| Trade receivables40 | €10,981 | €33,275 | €38,637 | ▲ 16.1% |
| Other amounts receivable41 | €988 | €1,055 | €129 | ▼ 87.7% |
| Cash at bank and in hand54/58 | €7,363 | €9,112 | €784 | ▼ 91.4% |
| Deferred charges and accrued income490/1 | €6,282 | €4,881 | €2,741 | ▼ 43.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €28,602 | €52,709 | €175,085 | ▲ 232% |
| Equity10/15 | €5,489 | €30,844 | €3,028 | ▼ 90.2% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €2,489 | €27,844 | €28 | ▼ 99.9% |
| Distributable reserves133 | €2,489 | €27,844 | €28 | ▼ 99.9% |
| Amounts payable17/49 | €23,113 | €21,865 | €172,056 | ▲ 687% |
| Amounts payable after more than one year17 | €7,136 | €5,164 | €23,139 | ▲ 348% |
| Financial debts170/4 | €7,136 | €5,164 | €23,139 | ▲ 348% |
| Amounts payable within one year42/48 | €15,976 | €16,431 | €148,641 | ▲ 805% |
| Current portion of amounts payable after more than one year42 | €1,922 | €1,973 | €2,025 | ▲ 2.7% |
| Trade debts44 | €2,621 | €1,782 | €23,175 | ▲ 1,200% |
| Suppliers440/4 | €2,621 | €1,782 | €23,175 | ▲ 1,200% |
| Taxes, remuneration and social security45 | €6,997 | €9,963 | €11,804 | ▲ 18.5% |
| Taxes450/3 | €6,997 | €9,963 | €10,204 | ▲ 2.4% |
| Remuneration and social security454/9 | - | - | €1,600 | - |
| Other amounts payable47/48 | €4,437 | €2,714 | €111,637 | ▲ 4,014% |
| Accrued charges and deferred income492/3 | - | €270 | €277 | ▲ 2.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,489 | €25,354 | -€27,815 | ▼ 210% |
| + Depreciation and write-downs630 | €983 | €1,902 | €1,594 | ▼ 16.2% |
| Operating cash flow (approximation) | €3,473 | €27,257 | -€26,222 | ▼ 196% |
| Investment in fixed assets (approximation) | - | -€3,786 | -€130,000 | ▼ 3,333% |
| Change in cash | - | €1,750 | -€8,328 | ▼ 576% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€27,815
Net result drops to -€27,815, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €25,354 ▲919%
Operating result €34,933, net result €25,354, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lievegem · 1 establishment unit since 2023
Ground area
692 m²
Building footprint
91 m²
Parcel 44036A2044/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
Tilevate
since 20232.346.465.335
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44036A2044/00L000 | Flanders | 692 m² | 1 · 91 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
65%
According to the 2025 annual accounts of TILEVATE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 2,298 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0801994218
Also
9925:BE0801994218
Registered
12-02-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.