ACTIVE

Tiltshift

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Financial year 2025 · closed on 31/12/2025

Net result

5,9 k €

+150.8% YoY

Gross margin

8,8 k €

+206.5% YoY

Equity

-136,2 k €

+4.1% YoY

What does Tiltshift do?

Tiltshift is a Private limited company incorporated in 1988. Its main activity is: Operation of arts facilities. Its registered office is in Aalst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.207.830

Incorporation

06/05/1988

Legal form

Private limited company

Registered office

Industrielaan 4
9320 Aalst · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

90041Operation of arts facilities· main 90311Creative, arts and entertainment activities 92321Gambling and betting activities 47540Retail sale of electrical household appliances in specialised stores 47540Retail sale of electrical household appliances in specialised stores 52450Warehousing and support activities for transportation

Signals

ProfitablePositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	8,8 k €	+207%	-8,3 k €	+64.1%	-23,1 k €	+28.1%	-32,1 k €	-172%	-11,8 k €	-60.7%	-7,4 k €	-39.3%	-5,3 k €	-213%	4,7 k €	+211%	-4,2 k €	+46.6%	-7,8 k €	+22.5%	-10,1 k €	+29.8%	-14,4 k €	-449%	4,1 k €	-90.5%	43,5 k €	+2538%	1,6 k €	-92.0%	20,5 k €	+435%	-6,1 k €	+71.6%	-21,5 k €
EBITDA	8,3 k €	+193%	-8,9 k €	+62.1%	-23,6 k €	+26.8%	-32,2 k €	-163%	-12,3 k €	-47.8%	-8,3 k €	-40.0%	-5,9 k €	-240%	4,2 k €	+191%	-4,6 k €	+48.3%	-9 k €	+13.6%	-10,4 k €	+31.1%	-15 k €	-517%	3,6 k €	-91.6%	43 k €	+3351%	1,2 k €	-93.8%	20,1 k €	+409%	-6,5 k €	+70.4%	-21,9 k €
Operating result	6 k €	+153%	-11,4 k €	+53.7%	-24,7 k €	+30.0%	-35,2 k €	-49.0%	-23,6 k €	-79.5%	-13,2 k €	-21.1%	-10,9 k €	-1184%	-847,1 €	+93.5%	-12,9 k €	-43.4%	-9 k €	+52.0%	-18,8 k €	+18.4%	-23,1 k €	-1229%	-1,7 k €	-104%	39,7 k €	+3085%	1,2 k €	-91.8%	15,3 k €	+235%	-11,3 k €	+57.5%	-26,6 k €
Net result	5,9 k €	+151%	-11,6 k €	+54.3%	-25,4 k €	+30.2%	-36,4 k €	-51.3%	-24,1 k €	-80.3%	-13,3 k €	-20.8%	-11 k €	-948%	-1,1 k €	+92.0%	-13,2 k €	-43.4%	-9,2 k €	+51.6%	-19 k €	+18.2%	-23,2 k €	-1150%	-1,9 k €	-105%	39,6 k €	+3446%	1,1 k €	-92.6%	15,1 k €	+232%	-11,5 k €	+57.1%	-26,7 k €
Balance sheet
Equity	-136,2 k €	+4.1%	-142 k €	-8.9%	-130,4 k €	-24.2%	-105 k €	-53.0%	-68,7 k €	+28.3%	-95,7 k €	-16.2%	-82,4 k €	-15.5%	-71,3 k €	-1.5%	-70,3 k €	-23.0%	-57,1 k €	-19.1%	-48 k €	-65.5%	-29 k €	-400%	-5,8 k €	-47.1%	-3,9 k €	+91.0%	-43,5 k €	+2.5%	-44,6 k €	+25.2%	-59,7 k €	-23.7%	-48,3 k €
Total assets	15,5 k €	+9.4%	14,2 k €	-72.9%	52,4 k €	+32.0%	39,7 k €	-6.6%	42,5 k €	+851%	4,5 k €	-48.9%	8,7 k €	-10.5%	9,8 k €	+78.5%	5,5 k €	-61.3%	14,1 k €	+38.3%	10,2 k €	-66.7%	30,6 k €	-12.9%	35,2 k €	-24.3%	46,4 k €	+232%	14 k €	-35.1%	21,5 k €	-7.0%	23,1 k €	-32.6%	34,3 k €
Cash	5,2 k €	-33.1%	7,8 k €	+81.9%	4,3 k €	+67.6%	2,5 k €	+34.0%	1,9 k €		0 €	-100%	2,1 k €	-28.9%	2,9 k €		–		587,2 €	+7977%	7,3 €	-99.3%	996,4 €	-32.6%	1,5 k €	-49.0%	2,9 k €	+116%	1,3 k €		–		–		481 €
Debts	151,7 k €	-2.9%	156,2 k €	-14.5%	182,8 k €	+26.3%	144,7 k €	+30.2%	111,2 k €	+10.9%	100,2 k €	+10.0%	91,1 k €	+12.7%	80,9 k €	+6.8%	75,8 k €	+6.9%	70,9 k €	+21.9%	58,2 k €	-0.4%	58,4 k €	+49.5%	39 k €	-19.1%	48,3 k €	-14.5%	56,4 k €	-14.7%	66,2 k €	-19.0%	81,7 k €	+1.2%	80,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Peter Soetewey

Director

Active

Ended mandates

PETER SOETEWEY

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	01/07/2025	02/07/2024	31/07/2023	30/09/2022	31/10/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	01/06/2023	01/06/2022	30/09/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/06/2026	31/07/2026	Dutch	PDF
Micro model	31/12/2024	02/06/2025	01/07/2025	Dutch	PDF
Micro model	31/12/2023	03/06/2024	02/07/2024	Dutch	PDF
Micro model	31/12/2022	01/06/2023	31/07/2023	Dutch	PDF
Micro model	31/12/2021	01/06/2022	30/09/2022	Dutch	PDF
Micro model	31/12/2020	30/09/2021	31/10/2021	Dutch	PDF
Micro model	31/12/2019	10/08/2020	09/09/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	22/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	27/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	16/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	19/08/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	24/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Peter Soetewey

Director

Active

Ended mandates

PETER SOETEWEY

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office14/07/2023
MAATSCHAPPELIJKE ZETEL
PDF
Registered office08/12/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/01/2020
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Other07/01/2014
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office26/01/2005
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/05/2004
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/01/2004
BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20255,9 k €↑
2024
Annual accounts 2024-11,6 k €↑
2023
Annual accounts 2023-25,4 k €↑
2022
Annual accounts 2022-36,4 k €↓
2021
Annual accounts 2021-24,1 k €↓
2021
Name changeTiltshift | Petersoetewey Photography
2019
Name changeTiltshift
2018
Annual accounts 2018-13,3 k €↓
2017
Annual accounts 2017-11 k €↓
2016
Annual accounts 2016-1,1 k €↑
2015
Annual accounts 2015-13,2 k €↓
2014
Annual accounts 2014-9,2 k €↑
2013
Annual accounts 2013-19 k €↑
2013
Name changePeterSoetewey Photography
2012
Annual accounts 2012-23,2 k €↓
2011
Annual accounts 2011-1,9 k €↓
2010
Annual accounts 201039,6 k €↑
2009
Annual accounts 20091,1 k €↓
2008
Annual accounts 200815,1 k €↑
2007
Annual accounts 2007-11,5 k €↑
2006
Annual accounts 2006-26,7 k €
2006
Name changeREC-EXEC
06/05/1988
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Tiltshift

Overview

What does Tiltshift do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline