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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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TILLBO from Jabbeke, company number BE0724597819, closed financial year 2025 with a result of € 117,799 after tax. For that financial year TILLBO recorded a gross margin of € 220,226 and equity of € 65,677. Compared with financial year 2024, the result moved from € 22,037 to € 117,799. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 16, 2026.
€ 65,677
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,799
▲ € 95,762 vs 2024
Profit after tax over the fiscal year.
€ 58,697
▲ 239% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 160,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 270,061
▲ 26% vs 2024
Of which on lease € 141,433.
Debts at end 2025
€ 197,467
▲ 18% vs 2024
€ 47,962 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 22,192
▲ 300% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39
▼ 91% 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 | € 150,703 | € 140,453 | € 118,723 | € 220,226 | ▲ 85% |
| Profit after taxes | € 84,728 | € 41,625 | € 22,037 | € 117,799 | ▲ € 95,762 |
| Equity | € 142,652 | € 89,277 | € 107,878 | € 65,677 | ▼ 39% |
| Total debts | € 294,343 | € 367,897 | € 224,294 | € 399,074 | ▲ 78% |
| Cash | € 27,149 | € 43,661 | € 17,320 | € 58,697 | ▲ 239% |
| Retained profit | € 124,052 | € 70,677 | € 89,278 | € 47,077 | ▼ 47% |
| Dividend | € 0 | € 95,000 | € 3,436 | € 160,000 | ▲ € 156,564 |
| Bank debt | € 241,377 | € 199,684 | € 167,819 | € 197,467 | ▲ 18% |
| Balance sheet total | € 436,996 | € 457,174 | € 332,173 | € 464,751 | ▲ 40% |
Key figures of TILLBO, 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 April 2027.
What happened to TILLBO?
What happened at TILLBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 117,799 (▲ € 95,762 vs 2024). Source: NBB ↗
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 84,728 profit in 2022 to € 117,799 profit in 2025.
Paid € 70,837 in corporate taxes since 2022.
Best year ever: 2025, with € 117,799 profit.
Paid out € 258,436 in dividends to the owners in total.
Management
Behind TILLBO are Kjetill Bogaert and Ellen Hollevoet.
Directors
According to the 2025 annual accounts
Kjetill Bogaert
Director
Ellen Hollevoet
Director
Establishments
Establishment units
Physical locations of this company
Bedevaartstraat 13
8490 Jabbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0724.597.819
- VAT number
- BE 0724.597.819
- Registered office
- Bedevaartstraat 13, 8490 Jabbeke
- Names & denominations
- TILLBO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2019
- Peppol
- Active · Active since 15 Oct 2024
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Installatie van isolatie
Fokken en houden van paarden en andere paardachtigen
Isolatiewerkzaamheden