Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TILLINVEST from Deinze, company number BE0682793985, closed financial year 2025 with a result of € -154,456 after tax. For that financial year TILLINVEST recorded a gross margin of € -17,755 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 1.2 million to € -154,456. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 27, 2026.
€ 1.2 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -154,456
▼ still € 1.2 million profit in 2024
Profit after tax over the fiscal year.
€ 33,817
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,568
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,771
▲ € 13,251 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,510 | € -54,935 | € -6,587 | € -17,755 | ▼ € 11,167 |
| Profit after taxes | € -188,877 | € 2,296,835 | € 1,245,376 | € -154,456 | ▼ € 1.4 million |
| Equity | € 257,056 | € 893,890 | € 1,389,266 | € 1,234,810 | ▼ 11% |
| Total debts | € 12,468,917 | € 11,815,736 | € 7,120,569 | € 6,432,078 | ▼ 10% |
| Cash | € 11,238 | € 172,781 | € 109,261 | € 33,817 | ▼ 69% |
| Retained profit | € 38,456 | € 675,290 | € 1,170,666 | € 1,016,210 | ▼ 13% |
| Dividend | € 0 | € 1,660,000 | € 750,000 | € 0 | ▼ 100% |
| Bank debt | € 2,000,000 | € 2,000,000 | € 0 | € 0 | |
| Balance sheet total | € 12,725,973 | € 12,709,626 | € 8,509,835 | € 7,666,888 | ▼ 10% |
| Employees (FTE) | 1 | 1 | 0 | 0 |
Key figures of TILLINVEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to TILLINVEST?
What happened at TILLINVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 154,456 (▼ € 1.4 million vs 2024). Source: NBB ↗
- New establishment in Deinze. KBO
- Piet Van Waes became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 188,877 loss in 2022 to € 154,456 loss in 2025.
Paid € 16,963 in corporate taxes since 2022.
Best year ever: 2023, with € 2.3 million profit.
On average € 3,500 of value added per employee in 2022.
Management
The stake of Milhouse comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TILLINVESTBehind TILLINVEST is Piet Van Waes. The shares are held by Milhouse (30.1%). It owns 39% of Landasse BV, 35% of Kanaelzicht NV, 33.3% of Patat BV, 30.8% of Vanoco BV, 24.6% of Voxdale and 24.4% of NO2CO2 BV itself.
Directors
According to the 2025 annual accounts
Piet Van Waes
Director
Also active at: TILLEGEM INVEST, VAN HOECKE, Immo W & W, PUVAST, Green Park Dressco, Vadepar, Dentco, ANNA PAULOWNA +43 more
since 2017
Shareholders
30.1%
Participations
39%
35%
33.3%
30.8%
24.6%
24.4%
20.8%
20%
16.2%
Establishments
Establishment units
Physical locations of this company
Voordestraat 12
9850 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →FARADAY INVEST same network
€ -161,743 gross margin · 2025
Studios
IMMO VAN VOOREN same network
€ 112,526 gross margin · 2025
DANSWIJK same network
€ -21,509 gross margin · 2025
VANOCO same network
€ 65,977 gross margin · 2025
+7 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
- 0682.793.985
- VAT number
- BE 0682.793.985
- Registered office
- Voordestraat 12, 9850 Deinze
- Names & denominations
- TILLINVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 2017
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Ontwikkeling van niet-residentiële bouwprojecten