Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
70 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Tiltshift from Aalst, company number BE0434207830, closed financial year 2025 with a result of € 5,893 after tax. For that financial year Tiltshift recorded a gross margin of € 8,841 and equity of € -136,151. Compared with financial year 2024, the result moved from € -11,608 to € 5,893. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ -136,151
▲ € 5,893 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,893
▲ still € 11,608 loss in 2024
Profit after tax over the fiscal year.
€ 5,195
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -154,751.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 10,406
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 556
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,587
▲ € 14,179 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -32,135 | € -23,115 | € -8,299 | € 8,841 | ▲ € 17,139 |
| Profit after taxes | € -36,385 | € -25,386 | € -11,608 | € 5,893 | ▲ € 17,501 |
| Equity | € -105,050 | € -130,436 | € -142,044 | € -136,151 | ▲ € 5,893 |
| Total debts | € 144,732 | € 182,827 | € 156,235 | € 151,676 | ▼ 3% |
| Cash | € 2,546 | € 4,267 | € 7,762 | € 5,195 | ▼ 33% |
| Retained profit | € -123,650 | € -149,036 | € -160,644 | € -154,751 | ▲ € 5,893 |
| Bank debt | € 11,948 | € 10,406 | € 10,531 | € 10,406 | ▼ 1% |
| Balance sheet total | € 39,683 | € 52,391 | € 14,191 | € 15,524 | ▲ 9% |
Key figures of Tiltshift, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Tiltshift?
What happened at Tiltshift in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,893. Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,385 loss in 2022 to € 5,893 profit in 2025.
Paid € 279 in corporate taxes since 2022.
Best year ever: 2025, with € 5,893 profit.
Management
Behind Tiltshift is Peter Soetewey.
Directors
According to the 2025 annual accounts
Peter Soetewey
Director
Establishments
Establishment units
Physical locations of this company
Industrielaan 4
9320 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 70 companies are registered at this address.
All companies at this address →Koninklijke Belgische Vereniging voor Koude en Luchtbehandeling - Union Royale Belge du Froid et du Conditionnement de l'Air
€ 352,288 gross margin · 2025
MASTER CHIPS
€ 379,443 gross margin · 2025
BEDRIJVENCENTRUM REGIO AALST
€ 442,900 gross margin · 2025
AU VIEUX MOUTON
€ 21,356 gross margin · 2025
ALL ROUND
€ 1 million gross margin · 2025
+65 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.207.830
- VAT number
- BE 0434.207.830
- Registered office
- Industrielaan 4, 9320 Aalst
- Names & denominations
- Tiltshift · PeterSoetewey
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 1988
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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