TILLEUILOVIC

Active

Private limited companyfounded 20206 yrs activeKazernestraat(Koo) 13, 8510 Kortrijk, BelgiumKBO/BCE: BE 0750.994.784

TILLEUILOVIC has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12k and a net result of €-24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2024

32 / 100

Weak▼ -58 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-100

Solvency45▼-55

Growth32▼-46

Stability100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity ample (current ratio 10.93 against 4.09 in 2023), but 82.7% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

17.3%

Return on assets

-34.7%

Age of the figures

20 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 37971 sector peers (2024).

NBB · sector comparison

Position among 37971 sector peers

Solvency

better than 19%

← weakest strongest →

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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

on the day

2023

31 d late

2022

18 d early

2021

2 d early

2020

2 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€12k▼ 66.8%

2023 · €36k

2020: €14k 2021: €31k 2022: €61k 2023: €36k

2020 → 2024

Total assets

€69k▲ 45.4%

2023 · €47k

2020: €64k 2021: €45k 2022: €69k 2023: €47k

2020 → 2024

Net result

€-24k

2023 · €14k

2020: €11k 2021: €17k 2022: €30k 2023: €14k

2020 → 2024

Working capital

€59k▲ 65.2%

2023 · €36k

2020: €-4k 2021: €21k 2022: €57k 2023: €36k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€14k-€31k▲ 119%€61k▲ 96.1%€36k▼ 41.8%€12k▼ 66.8%

Operating result€15k-€23k▲ 55.9%€39k▲ 72.8%€20k▼ 49.7%€-24k

Net result€11k-€17k▲ 50.2%€30k▲ 77.1%€14k▼ 52.2%€-24k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €24k after €20k in 2023, the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €69k

94.4%

Fixed assets €4k

Current assets €65k

Equity and liabilities €69k

17.3%

82.7%

Equity €12k▼ 66.8%

Debt €57k▲ 392%

The debt ratio rises from 24.5% to 82.7%: debt grows while equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-24k▼

2023 · €24k

Cash flow

€-23k▼

2023 · €19k

Solvency

17.3%▼

2023 · 75.5%

Current ratio

10.93▲

2023 · 4.09

Quick ratio

10.93▲

2023 · 4.09

Debt / equity

4.79▲

2023 · 0.32

ROE

-200.9%▼

2023 · 40.2%

ROA

-34.7%▼

2023 · 30.4%

Interest coverage

-17.04▼

2023 · 73.11

Debt

€57k▲

2023 · €12k

Debt ≤ 1 year

€6k▼

2023 · €12k

Debt > 1 year

€50k

Income taxes

€260▼

2023 · €5k

Staff costs

€20k

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€47k€69k▲

Fixed assets21/28€0€4k▲

Tangible fixed assets22/27€0€4k▲

Furniture and vehicles24€0€4k▲

Current assets29/58€47k€65k▲

Amounts receivable after more than one year29-€55k

Other amounts receivable291-€55k

Amounts receivable within one year40/41€21k€3k▼

Trade receivables40€21k€3k▼

Other amounts receivable41€0€381▲

Cash at bank and in hand54/58€26k€4k▼

Deferred charges and accrued income490/1€384€2k▲

Equity and liabilities

Total equity and liabilities10/49€47k€69k▲

Equity10/15€36k€12k▼

Contributions10/11€3k€3k=

Reserves13€33k€9k▼

Distributable reserves133€33k€9k▼

Profit (loss) carried forward14€0€0=

Amounts payable17/49€12k€57k▲

Amounts payable after more than one year17-€50k

Financial debts170/4-€50k

Amounts payable within one year42/48€12k€6k▼

Financial debts43€2k€793▼

Credit institutions430/8€2k€793▼

Trade debts44€990€1k▲

Suppliers440/4€990€1k▲

Taxes, remuneration and social security45€7k€2k▼

Taxes450/3€7k€770▼

Remuneration and social security454/9-€1k

Other amounts payable47/48€1k€2k▲

Accrued charges and deferred income492/3-€944

Income statement Code20232024

Remuneration, social security and pensions62-€20k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€718▼

Other operating charges640/8€1k€2k▲

Gross operating margin9900€25k€-3k▼

Operating profit (loss)9901€20k€-24k▼

Financial income75/76B€42€2k▲

Recurring financial income75€42€2k▲

Financial charges65/66B€330€1k▲

Recurring financial charges65€330€1k▲

Profit (loss) for the period before taxes9903€19k€-24k▼

Income taxes67/77€5k€260▼

Profit (loss) for the period9904€14k€-24k▼

Profit (loss) for the period to be appropriated9905€14k€-24k▼

Appropriation of the result

Profit (loss) to be appropriated9906€14k€-24k▼

Transfer from equity791/2€40k€24k▼

Transfer to equity691/2€14k€0▼

To other reserves6921€14k€0▼

Profit to be distributed694/7€40k€0▼

Return on contributions (dividend)694€40k€0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 5Filings 5

2025

31-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-24k ▼266%

Net result drops to €-24k, the lowest in the series.

31-12

Financial Liquidity triplescurrent ratio 10.93

Current ratio from 4.09 to 10.93; short-term debt falls from €12k to €6k.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

13-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2020net €30k ▲77.1%

Operating result €39k, net result €30k, both a record.

31-12

Financial Liquidity triplescurrent ratio 8.09

Current ratio from 2.45 to 8.09; short-term debt falls from €14k to €8k.

29-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Liquidity triplescurrent ratio 2.45

Current ratio from 0.93 to 2.45; short-term debt falls from €50k to €14k.

29-07

NBB filing Annual accounts filed

fiscal year 2020 · micro 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, Kortrijk · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Kazernestraat(Koo) 138510 Kortrijk

Ground area

2,383 m²

Building footprint

210 m²

Volume, LiDAR

886 m³

Parcel 34021B0251/00H000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

TILLEUILOVIC

Kazernestraat(Koo) 13, 8510 KortrijkBusiness consulting

since 20202.305.516.982

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34021B0251/00H000	Flanders	2,383 m²	1 · 210 m²	6.4 m · 1 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.

Similar companies · same sector, comparable size

Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 24,855 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-07-2020

Fiscal year end31-12

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.