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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Tinlot Condroz from Tinlot, company number BE0870957555, closed financial year 2025 with a result of € -37,765 after tax. For that financial year Tinlot Condroz recorded a gross margin of € 42,443 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € -8,901 to € -37,765. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 1.3 million
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,765
▼ 324 % more loss than in 2024
Profit after tax over the fiscal year.
€ 203,464
▲ € 175,117 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -317,587.
People and assets in 2025
€ 16,014
▲ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,172
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 369,551
▼ 8% vs 2024
€ 32,645 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 14,385
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,885
▲ 102% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,143 | € 60,746 | € 78,729 | € 42,443 | ▼ 46% |
| Profit after taxes | € -31,044 | € -35,253 | € -8,901 | € -37,765 | ▼ € 28,864 |
| Equity | € 1,018,821 | € 983,420 | € 974,371 | € 1,277,457 | ▲ 31% |
| Total debts | € 513,692 | € 492,492 | € 440,276 | € 496,916 | ▲ 13% |
| Cash | € 39,932 | € 4,726 | € 28,347 | € 203,464 | ▲ € 175,117 |
| Land & buildings | € 1,294,490 | € 1,374,928 | € 1,350,813 | € 1,473,671 | ▲ 9% |
| Retained profit | € -235,667 | € -270,920 | € -279,821 | € -317,587 | ▼ € 37,765 |
| Bank debt | € 374,887 | € 431,312 | € 400,672 | € 369,551 | ▼ 8% |
| Balance sheet total | € 1,534,022 | € 1,477,384 | € 1,416,081 | € 1,775,770 | ▲ 25% |
Key figures of Tinlot Condroz, 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 Tinlot Condroz?
What happened at Tinlot Condroz in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,765. Source: NBB ↗
- Paul De Laminne De Bex stepped down as director. NBB
- HappyLine SRL stepped down as director. NBB
- Charles De Laminne De Bex stepped down as director. NBB
- Cédric Olbrechts stepped down as director. NBB
- Capital increase of € 341,000, published in the Gazette. Source: Staatsblad ↗
- Besta SRL became a director. NBB
- Paul De Laminne De Bex became a director. NBB
In short
From € 31,044 loss in 2022 to € 37,765 loss in 2025.
Paid € 241 in corporate taxes since 2022.
Management
The stake of Shangri LA CONSULTING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Tinlot CondrozBehind Tinlot Condroz is Besta SRL. The shares are held by Shangri LA CONSULTING (12.6%).
Directors
According to the 2025 annual accounts
Director · represented by Géry Olbrechts
since 2024
Paul De Laminne De Bex
Director
since 2021 · until 2026
Director · represented by Paquot Jérome
since 2021 · until 2026
Charles De Laminne De Bex
Director
since 2021 · until 2026
Cédric Olbrechts
Chairman of the board
since 2021 · until 2026
Shareholders
12.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Allée du Château de Tinlot 3
4557 Tinlot
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- Hanami SC - Cedric Olbrechts(inschrijver) 6.3%
- SLC sprl - Olivier Olbrechts(inschrijver) 3.2%
- Bernadette de Laminne de Bex(inschrijver) 2.2%
- Indivision Ludovic de Laminne de Bex(inschrijver) 1.8%
- Géry Olbrechts(inschrijver) 0.9%
- Jean-Baptiste van Zeebroeck(inschrijver) 0.6%
- Nicolas Weber-Krebs(inschrijver) 0.5%
- Anne van Zeebroeck(inschrijver) 0.5%
- Pierre-Antoine van Zeebroeck(inschrijver) 0.5%
- Albert van Zeebroeck(inschrijver) 0.4%
- Paul van Zeebroeck(inschrijver) 0.4%
- Charles van Zeebroeck(inschrijver) 0.4%
- Anne-Sophie Olbrechts(inschrijver) 0.4%
- Augustin de Walque(inschrijver) 0.4%
- Edouard de Walque(inschrijver) 0.4%
- Héloïse de Walque(inschrijver) 0.4%
- Alexandre de Walque(inschrijver) 0.4%
- Raphael van Zeebroeck(inschrijver) 0.3%
- Céline van Zeebroeck(inschrijver) 0.3%
- Emilie van Zeebroeck(inschrijver) 0.3%
- Cedric Olbrechts(inschrijver) 0.2%
- Valentine Cornu(inschrijver) 0.2%
- Elisabeth Cornu(inschrijver) 0.2%
- Sébastien Paquot(inschrijver) 0.2%
- Hélène Paquot(inschrijver) 0.2%
- Julien Paquot(inschrijver) 0.2%
Details
- Company number
- 0870.957.555
- VAT number
- BE 0870.957.555
- Registered office
- Allée du Château de Tinlot 3, 4557 Tinlot
- Names & denominations
- Tinlot Condroz
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2005
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Gemengd bedrijf
Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen
Bosbouw en bosbouwactiviteiten
Bosbouw