Tilo

Active

Private limited companyfounded 20206 yrs activeAkkerstraat 22, 2480 Dessel, BelgiumKBO/BCE: BE 0744.428.676

The computed 12-month bankruptcy probability of Tilo is 4.5% (elevated). The 2024 annual accounts show equity of €129k and a net result of €-33k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 82% of 18937 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

40 / 100

Weak▼ -36 vs 2023

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

Axes · tick = 2023

Profitability0▼-11

Solvency68▼-11

Growth32▼-20

Stability100

Bankruptcy probability, 12 months

4.5% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days only on tighter terms

Liquidity short (current ratio 0.55 against 1.03 in 2023), and 33% 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

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← 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

67%

Return on assets

-17.1%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

8 d early

2022

33 d early

2021

30 d late

← 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

€129k▼ 20.3%

2023 · €162k

2021: €130k 2022: €158k 2023: €162k

2021 → 2024

Total assets

€192k▼ 13.0%

2023 · €221k

2021: €209k 2022: €225k 2023: €221k

2021 → 2024

Net result

€-33k

2023 · €4k

2021: €125k 2022: €28k 2023: €4k

2021 → 2024

Working capital

€-23k

2023 · €2k

2021: €71k 2022: €-22k 2023: €2k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€130k-€158k▲ 21.8%€162k▲ 2.3%€129k▼ 20.3%

Operating result€139k-€29k▼ 79.2%€8k▼ 71.1%€-30k

Net result€125k-€28k▼ 77.3%€4k▼ 87.1%€-33k

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 €30k after €8k in 2023, the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €192k

85.3%

14.7%

Fixed assets €164k▼ 5.3%

Current assets €28k▼ 41.0%

Equity and liabilities €192k

67.0%

33.0%

Equity €129k▼ 20.3%

Debt €63k▲ 6.8%

The debt ratio rises from 26.9% to 33.0%: debt grows while equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€14k▼

2023 · €48k

Cash flow

€11k▼

2023 · €43k

Solvency

67.0%▼

2023 · 73.1%

Current ratio

0.55▼

2023 · 1.03

Quick ratio

0.51▼

2023 · 0.92

Debt / equity

0.49▲

2023 · 0.37

ROE

-25.5%▼

2023 · 2.3%

ROA

-17.1%▼

2023 · 1.6%

Interest coverage

5.12▼

2023 · 23.43

Debt

€63k▲

2023 · €59k

Debt ≤ 1 year

€52k▲

2023 · €46k

Debt > 1 year

€12k▼

2023 · €13k

Income taxes

€352▼

2023 · €3k

Staff costs

€31k▼

2023 · €32k

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€221k€192k▼

Fixed assets21/28€173k€164k▼

Tangible fixed assets22/27€173k€164k▼

Plant, machinery and equipment23€35k€28k▼

Furniture and vehicles24€8k€5k▼

Other tangible fixed assets26€131k€131k▼

Current assets29/58€48k€28k▼

Stocks and contracts in progress3€5k€2k▼

Stocks30/36€5k€2k▼

Amounts receivable within one year40/41€6k€2k▼

Trade receivables40€2k-

Other amounts receivable41€5k€2k▼

Cash at bank and in hand54/58€36k€24k▼

Deferred charges and accrued income490/1€153€204▲

Equity and liabilities

Total equity and liabilities10/49€221k€192k▼

Equity10/15€162k€129k▼

Contributions10/11€5k€5k=

Profit (loss) carried forward14€157k€124k▼

Amounts payable17/49€59k€63k▲

Amounts payable after more than one year17€13k€12k▼

Financial debts170/4€13k€12k▼

Amounts payable within one year42/48€46k€52k▲

Current portion of amounts payable after more than one year42€20k€29k▲

Trade debts44€26k€22k▼

Suppliers440/4€26k€22k▼

Taxes, remuneration and social security45€281€104▼

Taxes450/3€246€104▼

Remuneration and social security454/9€35-

Other amounts payable47/48€153€416▲

Income statement Code20232024

Remuneration, social security and pensions62€32k€31k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€44k▲

Other operating charges640/8€726€2k▲

Gross operating margin9900€81k€47k▼

Operating profit (loss)9901€8k€-30k▼

Financial income75/76B€63€44▼

Recurring financial income75€63€44▼

Financial charges65/66B€2k€3k▲

Recurring financial charges65€2k€3k▲

Profit (loss) for the period before taxes9903€6k€-32k▼

Income taxes67/77€3k€352▼

Profit (loss) for the period9904€4k€-33k▼

Profit (loss) for the period to be appropriated9905€4k€-33k▼

Appropriation of the result

Profit (loss) to be appropriated9906€157k€124k▼

Profit (loss) brought forward from the previous period14P€153k€157k▲

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

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

31-12

Financial Weakest financial yearnet €-33k ▼1001%

Net result drops to €-33k, the lowest in the series.

23-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

28-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €150kEq €158k ▲21.8%

2 profitable years in a row build equity to €158k.

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

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, Dessel · 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.

Akkerstraat 222480 Dessel

Ground area

2,409 m²

Building footprint

383 m²

Volume, LiDAR

2,494 m³

2 parcels, Flanders · tallest building 14.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Tilo

Peperstraat 11, 2470 RetieFood and beverage service activities

since 20202.299.978.777

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13036F0016/00L000	Flanders	1,639 m²	1 · 250 m²	14.3 m · 2 fl.
13006B1012/00N000	Flanders	770 m²	1 · 133 m²	8.7 m · 1 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Retie2.299.978.777

1 permission

Toelating · Eetgelegenheid · since 01-04-2020

Similar companies · same sector, comparable size

Bilzen-Hoeselt · Eq €129k

EL SOMBRERO

BE 0447.241.561

Leuven · Eq €129k

Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 9,170 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded25-02-2020

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56111Full-service restaurants

90021Arts creation and performing arts activities

90391Promotion and organisation of arts and performing arts events

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

Website:www.bistrotilo.be

Enterprise

E-mail:info@bistrotilo.be

Enterprise