Summary
Tiller 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 €2.74M and a net result of €-363k. Its solvency ranks better than 19% of 2399 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
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 28-07-2026, 3 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, full schema
Equity
€2.74M
Net result
€-363k
Total assets
€11.53M
Solvency
23.7%
Balance-sheet composition
Assets €11.53M
Fixed assets
€11.27M
Current assets
€257k
Equity and liabilities €11.53M
Equity
€2.74M
Debt
€8.79M
Debt finances 76.3% of the balance-sheet total.
Key figures and ratios
ROE
-13.3%
ROA
-3.1%
Debt ≤ 1 year
€2.17M
Debt > 1 year
€6.61M
Annual accounts
| Line | 2025 |
|---|---|
| Operating income70/76A | €832k |
| Turnover70 | €832k |
| Operating charges60/66A | €855k |
| Services and other goods61 | €854k |
| Other operating charges640/8 | €822 |
| Operating profit (loss)9901 | €-24k |
| Financial charges65/66B | €339k |
| Recurring financial charges65 | €339k |
| Debt charges650 | €338k |
| Other financial charges652/9 | €1k |
| Profit (loss) for the period before taxes9903 | €-363k |
| Profit (loss) for the period9904 | €-363k |
| Profit (loss) for the period to be appropriated9905 | €-363k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €11.53M | |
| Fixed assets21/28 | €11.27M | |
| Financial fixed assets28 | €11.27M | |
| Affiliated companies280/1 | €11.27M | |
| Participating interests280 | €11.27M | |
| Current assets29/58 | €257k | |
| Amounts receivable within one year40/41 | €172k | |
| Trade receivables40 | €168k | |
| Other amounts receivable41 | €4k | |
| Cash at bank and in hand54/58 | €85k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €11.53M | |
| Equity10/15 | €2.74M | |
| Contributions10/11 | €3.10M | |
| Profit (loss) carried forward14 | €-363k | |
| Amounts payable17/49 | €8.79M | |
| Amounts payable after more than one year17 | €6.61M | |
| Financial debts170/4 | €6.61M | |
| Unsubordinated bonds171 | €3.27M | |
| Credit institutions173 | €3.33M | |
| Amounts payable within one year42/48 | €2.17M | |
| Current portion of amounts payable after more than one year42 | €833k | |
| Trade debts44 | €240k | |
| Suppliers440/4 | €240k | |
| Other amounts payable47/48 | €1.10M | |
| Accrued charges and deferred income492/3 | €13k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €-363k |
| Operating cash flow (approximation) | €-363k |
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
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
NBB filing
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, Machelen (Brab.) · 1 establishment unit since 2024
Ground area
1.5 ha
Building footprint
601 m²
Volume, LiDAR
12,055 m³
Parcel 23015B0161/00D006, Flanders · tallest building 26.4 m, ±7 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Tiller
since 20242.368.291.325
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0161/00D006 | Flanders | 1.5 ha | 1 · 601 m² | 26.4 m · 7 fl. |
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.
Similar companies · same sector, comparable size
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RYCKAERT-VERSCHOOTE
BE 0883.798.078
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LIMABAAN
BE 0890.010.830
Herent · Eq €2,735,696
Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 9,953 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
Founded17-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.