Summary
TILT has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show a net result of -€180,443. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its net result ranks better than 8% of 67 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability21▲+7
Solvency-
Growth55▼-17
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 92
Relative position
BE, all sectors
reference
Gambling and betting activities (NACE 92)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Return on assets
-54.3%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
9 d early
2023
28 d early
2022
11 d early
2021
26 d early
2020
1 d early
2019
80 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 45% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€21.3m▼ 3.7%
2024 · €22.2m
EBIT margin
0.1%▲ 0.1pp
2024 · 0.0%
Net result
-€180,443▼ 185%
2024 · -€63,363
Working capital
-€354,659▼ 82.8%
2024 · -€194,066
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 92, Gambling and betting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202320242025
Turnover€10.4m▲ 65.8%€10.6m▲ 1.8%€21.9m-€22.2m▲ 1.2%€21.3m▼ 3.7%
Operating result-€7,257-€147,552▼ 1,933%€189,883--€106€24,802
Net result-€9,778within the sector's middle half-€150,924below the sector's middle half▼ 1,444%€165,932above the sector's middle half--€63,363below the sector's middle half-€180,443below the sector's middle half▼ 185%
EBIT margin-0.1%▼ 0.1pp-1.4%▼ 1.3pp0.9%-0.0%▼ 0.9pp0.1%▲ 0.1pp
Equity€107,763below the sector's middle half▼ 8.3%-€43,161below the sector's middle half€61,196below the sector's middle half-
Total assets€269,662below the sector's middle half▲ 82.8%€395,110within the sector's middle half▲ 46.5%€471,149within the sector's middle half-€408,112below the sector's middle half▼ 13.4%€332,523within the sector's middle half▼ 18.5%
Debt€161,899▲ 440%€438,271▲ 171%€409,953-€410,279▲ 0.1%€515,133▲ 25.6%
Working capital-€36,767below the sector's middle half-€288,115below the sector's middle half▼ 684%-€134,485below the sector's middle half--€194,066below the sector's middle half▼ 44.3%-€354,659below the sector's middle half▼ 82.8%
Solvency40.0%within the sector's middle half▼ 39.7pp-10.9%below the sector's middle half▼ 50.9pp13.0%below the sector's middle half-
Current ratio0.74below the sector's middle half▼ 1.360.34below the sector's middle half▼ 0.400.66below the sector's middle half-0.53below the sector's middle half▼ 0.140.31below the sector's middle half▼ 0.22
Return on assets (ROA)-3.6%within the sector's middle half▼ 5.7pp-38.2%below the sector's middle half▼ 34.6pp35.2%above the sector's middle half--15.5%below the sector's middle half▼ 50.7pp-54.3%below the sector's middle half▼ 38.7pp
Staff (FTE)4within the sector's middle half▼ 16.7%4.2within the sector's middle half▲ 5.0%4.8within the sector's middle half-4.7within the sector's middle half▼ 2.1%4.8within the sector's middle half▲ 2.1%
above
within
below
the middle half (P25 to P75) of NACE 92, Gambling and betting activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result -185% on 2024. The accounts now follow the abbreviated schema, last year the full schema.
- 2020 Turnover +66% on 2019. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €24,802 after a loss of €106 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €332,523
Fixed assets
€174,024 ▼ 9.3%
Current assets
€158,499 ▼ 26.7%
Key figures and ratios
EBITDA
€42,678▲
2024 · €22,984
Cash flow
-€162,567▼
2024 · -€40,273
Interest coverage
2.55▲
2024 · 1.35
Debt ≤ 1 year
€513,158▲
2024 · €410,279
Income taxes
€180,570▲
2024 · €46,216
Staff costs
€326,920▲
2024 · €303,407
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €10.4m | €10.6m | €21.9m | €22.2m | €21.3m | ▼ 3.7% |
| Goods, raw materials, services and sundry goods60/61 | €10.3m | €10.5m | €21.4m | €21.9m | €21.0m | ▼ 4.1% |
| Remuneration, social security and pensions62 | €105,382 | €190,794 | €298,298 | €303,407 | €326,920 | ▲ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,467 | €24,388 | €23,534 | €23,090 | €17,876 | ▼ 22.6% |
| Other operating charges640/8 | €71,002 | €82,292 | €533,389 | €588,991 | €493,454 | ▼ 16.2% |
| Non-recurring operating charges66A | €8 | - | - | - | - | - |
| Gross operating margin9900 | €183,602 | €149,922 | €1.0m | €915,382 | €863,052 | ▼ 5.7% |
| Operating profit (loss)9901 | -€7,257 | -€147,552 | €189,883 | -€106 | €24,802 | ▲ 23,498% |
| Financial charges65/66B | €3,536 | €3,372 | €23,951 | €17,041 | €24,675 | ▲ 44.8% |
| Recurring financial charges65 | €3,536 | €3,372 | €23,951 | €17,041 | €16,734 | ▼ 1.8% |
| Non-recurring financial charges66B | - | - | - | - | €7,941 | - |
| Profit (loss) for the period before taxes9903 | -€10,793 | -€150,924 | €165,932 | -€17,147 | €127 | ▲ 101% |
| Income taxes67/77 | -€1,015 | - | - | €46,216 | €180,570 | ▲ 291% |
| Profit (loss) for the period9904 | -€9,778 | -€150,924 | €165,932 | -€63,363 | -€180,443 | ▼ 185% |
| Profit (loss) for the period to be appropriated9905 | -€9,778 | -€150,924 | €165,932 | -€63,363 | -€180,443 | ▼ 185% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €269,662 | €395,110 | €471,149 | €408,112 | €332,523 | ▼ 18.5% |
| Fixed assets21/28 | €163,435 | €244,954 | €207,729 | €191,899 | €174,024 | ▼ 9.3% |
| Tangible fixed assets22/27 | €88,435 | €94,954 | €57,729 | €41,899 | €24,024 | ▼ 42.7% |
| Plant, machinery and equipment23 | €62,045 | €45,210 | €25,491 | €18,411 | €9,286 | ▼ 49.6% |
| Other tangible fixed assets26 | €26,390 | €49,744 | €32,238 | €23,488 | €14,738 | ▼ 37.3% |
| Financial fixed assets28 | €75,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Current assets29/58 | €106,227 | €150,156 | €263,420 | €216,213 | €158,499 | ▼ 26.7% |
| Amounts receivable within one year40/41 | €50,059 | €44,153 | €136,171 | €72,365 | €54,484 | ▼ 24.7% |
| Trade receivables40 | - | - | - | - | €54,484 | - |
| Other amounts receivable41 | €50,059 | €44,153 | €136,171 | €72,365 | - | - |
| Cash at bank and in hand54/58 | €55,906 | €105,438 | €119,458 | €100,396 | €101,082 | ▲ 0.7% |
| Deferred charges and accrued income490/1 | €262 | €565 | €7,791 | €43,452 | €2,933 | ▼ 93.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €269,662 | €395,110 | €471,149 | €408,112 | €332,523 | ▼ 18.5% |
| Equity10/15 | €107,763 | -€43,161 | €61,196 | - | - | - |
| Contributions10/11 | €133,361 | €133,361 | €133,361 | €133,361 | €133,361 | = |
| Reserves13 | €8,819 | €8,819 | €8,819 | €8,819 | €8,819 | = |
| Non-distributable reserves130/1 | €8,819 | €8,819 | €8,819 | €8,819 | €8,819 | = |
| Reserves not available under the articles1311 | €8,819 | €8,819 | €8,819 | €8,819 | €8,819 | = |
| Profit (loss) carried forward14 | -€34,417 | -€185,341 | -€80,984 | -€144,347 | -€324,790 | ▼ 125% |
| Amounts payable17/49 | €161,899 | €438,271 | €409,953 | €410,279 | €515,133 | ▲ 25.6% |
| Amounts payable within one year42/48 | €142,994 | €438,271 | €397,905 | €410,279 | €513,158 | ▲ 25.1% |
| Current portion of amounts payable after more than one year42 | - | €368,574 | €264,707 | €327,646 | €389,937 | ▲ 19.0% |
| Trade debts44 | €118,048 | €19,627 | €1,790 | €43,379 | €45,053 | ▲ 3.9% |
| Suppliers440/4 | €118,048 | €19,627 | €1,790 | €43,379 | €45,053 | ▲ 3.9% |
| Taxes, remuneration and social security45 | €24,946 | €50,070 | €131,408 | €39,254 | €78,168 | ▲ 99.1% |
| Taxes450/3 | €248 | €9,687 | €94,342 | €907 | €35,184 | ▲ 3,779% |
| Remuneration and social security454/9 | €24,698 | €40,383 | €37,066 | €38,347 | €42,984 | ▲ 12.1% |
| Accrued charges and deferred income492/3 | €18,905 | - | €12,048 | - | €1,975 | - |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,778 | -€150,924 | €165,932 | -€63,363 | -€180,443 | ▼ 185% |
| + Depreciation and write-downs630 | €14,467 | €24,388 | €23,534 | €23,090 | €17,876 | ▼ 22.6% |
| Operating cash flow (approximation) | €4,689 | -€126,536 | €189,466 | -€40,273 | -€162,567 | ▼ 304% |
| Investment in fixed assets (approximation) | - | -€105,907 | - | -€7,260 | -€1 | ▲ 100.0% |
| Change in cash | - | €49,532 | - | -€19,062 | €686 | ▲ 104% |
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
Next filing, fiscal year 2026, expected by
2026
16-09
State Gazette act
Reappointment: KPMG Réviseurs d'Entreprises SRL (statutory auditor)Permanent representative: Frederic Poesen · Power of attorney4 facts ▸
State Gazette act
Reappointment: KPMG Réviseurs d'Entreprises SRL (statutory auditor)
Permanent representative: Frederic Poesen · Power of attorney4 facts ▸
- General meeting, 30-06-2026
- Auditor reappointment, KPMG Réviseurs d'Entreprises SRL (statutory auditor)
- Permanent representative, Frederic Poesen (permanent representative)
- Power of attorney, Filip VANHASTEL
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€180,443
Net result drops to -€180,443, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €165,932
Net result €165,932 after 2 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 80 days late
2019
31-12
Financial
Back to profitnet €3,093
Net result €3,093 after one loss-making year.
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 17 acts read
About the unread acts
Of the 17 Belgian State Gazette acts we know for this company, 1 has been read. The other 16 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
KPMG Réviseurs d'Entreprises SRL
CurrentStatutory auditor · since 16-09-2026 · perm. rep.: Frederic Poesen
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2004
Ground area
8,246 m²
Building footprint
1,033 m²
Volume, LiDAR
15,242 m³
2 parcels, Brussels, Flanders · tallest building 20.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Casinoladbrokes.be
since 20042.137.162.891
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0169/00V005 | Brussels | 7,708 m² | 1 · 749 m² | 20.4 m · 6 fl. |
| 72004B0792/00N003 | Flanders | 537 m² | 1 · 285 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| KPMG Réviseurs d'Entreprises SRL |
|
Recognitions · licences · registrations
Food safety, FASFC
1 siteBree2.137.162.891
Legal Entity Identifier
64886HJZ9D86A208PN16
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Of 506 companies in sector 92000 we hold annual accounts for 302. 187 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
Founded30-12-1993
Fiscal year end31-12
Activities, NACEBEL 2025
92000Gambling and betting activities
93299Other amusement and recreation activities
47260Retail trade
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451687923
Also
9925:BE0451687923
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.