TILLEUILOVIC
ActiveThe annual accounts of TILLEUILOVIC for fiscal year 2024 show a net loss of 67% of the equity at the start of that year. 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 37968 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency42▼-58
Growth32▼-46
Track record100
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
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 10.93 against 4.09 in 2023; short-term debt: 8.6% and cash: 6.2% of total assets), but 82.7% 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
lowers risk · 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
17.3%
Return on assets
-34.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 37968 sector peers (2024).
NBB · sector comparisonPosition among 37968 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · 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 filingsDeviation 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 →
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 result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69k
Fixed assets
€4k
Current assets
€65k
Equity and liabilities €69k
Equity
€12k▼ 66.8%
Debt
€57k▲ 392%
The debt ratio rises from 24.5% to 82.7%. Equity is lower and debt is higher.
Key figures and ratios
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.
Timeline · acts, filings and financial milestones
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
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 KortrijkGround 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
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.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 24,849 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 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.