TILKIN CONCEPT
ActiveTILKIN CONCEPT has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €291k and a net result of €93k. Equity is growing by ~28.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 2544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-12
Solvency73▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 3.02 in 2024; short-term debt: 18.1% and cash: 15.9% of total assets), and 52.3% 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
47.7%
Return on assets
15.3%
Age of the figures
12 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
103 d early
2023
32 d early
2022
51 d early
2021
30 d early
2019
on the day
2018
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€291k▲ 47.4%
2024 · €197k
2018: €54k
2019: €56k
2021: €64k
2022: €88k
2023: €112k
2024: €197k
2018 → 2025
Total assets
€609k▲ 123%
2024 · €273k
2018: €82k
2019: €75k
2021: €125k
2022: €140k
2023: €170k
2024: €273k
2018 → 2025
Net result
€93k▲ 10.3%
2024 · €85k
2018: €-3k
2019: €2k
2021: €8k
2022: €24k
2023: €24k
2024: €85k
2018 → 2025
Working capital
€4k▼ 97.1%
2024 · €153k
2018: €46k
2019: €50k
2021: €19k
2022: €49k
2023: €72k
2024: €153k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€88k▲ 37.8%€112k▲ 27.6%€197k▲ 75.4%€291k▲ 47.4%
Operating result€12k-€30k▲ 155%€30k▲ 1.7%€113k▲ 271%€127k▲ 12.5%
Net result€8k-€24k▲ 217%€24k▲ 0.5%€85k▲ 249%€93k▲ 10.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €609k
Fixed assets
€494k▲ 1,014%
Current assets
€115k▼ 49.7%
Equity and liabilities €609k
Equity
€291k▲ 47.4%
Debt
€318k▲ 320%
The debt ratio rises from 27.8% to 52.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€146k▲
2024 · €129k
Cash flow
€113k▲
2024 · €101k
Solvency
47.7%▼
2024 · 72.2%
Current ratio
1.04▼
2024 · 3.02
Quick ratio
1.04▼
2024 · 3.02
Debt / equity
1.10▲
2024 · 0.38
ROE
32.2%▼
2024 · 43.0%
ROA
15.3%▼
2024 · 31.1%
Interest coverage
45.44▼
2024 · 1473.61
Debt
€318k▲
2024 · €76k
Debt ≤ 1 year
€110k▲
2024 · €76k
Debt > 1 year
€208k
Income taxes
€31k▲
2024 · €29k
Staff costs
€14k▲
2024 · €9k
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€273k€609k▲
Fixed assets21/28€44k€494k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€44k€487k▲
Land and buildings22-€432k
Plant, machinery and equipment23€38k€53k▲
Furniture and vehicles24€6k€2k▼
Financial fixed assets28-€8k
Current assets29/58€229k€115k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€8k€18k▲
Trade receivables40€718€5k▲
Other amounts receivable41€7k€13k▲
Cash at bank and in hand54/58€221k€97k▼
Equity and liabilities
Total equity and liabilities10/49€273k€609k▲
Equity10/15€197k€291k▲
Contributions10/11€19k€19k=
Reserves13€51k€81k▲
Distributable reserves133€51k€81k▲
Profit (loss) carried forward14€128k€191k▲
Amounts payable17/49€76k€318k▲
Amounts payable after more than one year17-€208k
Financial debts170/4-€208k
Amounts payable within one year42/48€76k€110k▲
Current portion of amounts payable after more than one year42-€24k
Trade debts44€25k€34k▲
Suppliers440/4€25k€34k▲
Advances received on contracts in progress46-€504
Taxes, remuneration and social security45€40k€42k▲
Taxes450/3€31k€22k▼
Remuneration and social security454/9€10k€20k▲
Other amounts payable47/48€10k€10k=
Income statement
Code20242025
Remuneration, social security and pensions62€9k€14k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€19k▲
Other operating charges640/8€384€57k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€139k€217k▲
Operating profit (loss)9901€113k€127k▲
Financial income75/76B€914€832▼
Recurring financial income75€914€832▼
Financial charges65/66B€88€3k▲
Recurring financial charges65€88€3k▲
Profit (loss) for the period before taxes9903€113k€124k▲
Income taxes67/77€29k€31k▲
Profit (loss) for the period9904€85k€93k▲
Profit (loss) for the period to be appropriated9905€85k€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€168k€221k▲
Profit (loss) brought forward from the previous period14P€83k€128k▲
Transfer to equity691/2€40k€30k▼
To the legal reserve6920€40k-
To other reserves6921-€30k
The notes to these accounts (15 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €93k ▲10.3%
Operating result €127k, net result €93k, both a record.
30-09
Financial
Equity above €200kEq €291k ▲47.4%
6 profitable years in a row build equity to €291k.
17-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €150kEq €197k ▲75.4%
5 profitable years in a row build equity to €197k.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €100kEq €112k ▲27.6%
4 profitable years in a row build equity to €112k.
10-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Herve · 1 establishment unit since 1988
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.
Larbuisson 2834654 HerveGround area
5,319 m²
Building footprint
788 m²
Volume, LiDAR
4,867 m³
2 parcels, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sur les Thiers 6, 4890 Thimister-Clermont
since 19882.038.916.046
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63077C0239/00E000 | Wallonia | 2,665 m² | 1 · 607 m² | 7.2 m · 2 fl. |
| 63015B0111/00F000 | Wallonia | 2,654 m² | 1 · 181 m² | 10.1 m · 3 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.
Similar companies · same sector, comparable size
Van Eetvelde Bert
BE 0809.053.838
Lochristi · Eq €290k
Garage Heuten
BE 0634.856.981
Aartselaar · Eq €290k
JL CARS
BE 0404.402.797
Visé · Eq €291k
METROPOOL ZUID
BE 0461.488.386
Aartselaar · Eq €291k
Garage Jacobs
BE 0428.602.121
Merelbeke-Melle · Eq €291k
Of 7,376 companies in sector 95311 we hold annual accounts for 2,959. 2,250 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-1988
Fiscal year end30-09
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 36 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.