ACTIVE

TILTECH

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Financial year 2025 · closed on 31/12/2025

Net result

233,2 k €

-65.7% YoY

Gross margin

1,3 M €

-20.7% YoY

Equity

1,4 M €

+0.9% YoY

Workforce

10,6 ETP

+6.0% YoY

What does TILTECH do?

TILTECH is a Public limited company incorporated in 1990. Its registered office is in Dendermonde. It employs on average 10,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.541.624

Incorporation

28/08/1990

Legal form

Public limited company

Registered office

Vriesenrot (STG) 22
9200 Dendermonde · FlandreSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2025

Average workforce

10,6 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,3 M €	-20.7%	1,7 M €	-10.1%	1,9 M €	+56.5%	1,2 M €	-11.2%	1,3 M €	+20.7%	1,1 M €	+5.3%	1,0 M €	-12.9%	1,2 M €	+29.2%	931,1 k €	-15.9%	1,1 M €	+2.4%	1,1 M €	+25.0%	865,1 k €	-6.7%	927,7 k €	-10.4%	1,0 M €	+25.6%	824,9 k €	-8.9%	905,2 k €	-24.2%	1,2 M €	-39.0%	2,0 M €	-1.9%	2,0 M €	+3.5%	1,9 M €
EBITDA	352,8 k €	-52.7%	745,6 k €	-24.2%	983,7 k €	+156%	384,6 k €	-32.4%	569,2 k €	+31.9%	431,6 k €	+13.7%	379,4 k €	-26.9%	518,9 k €	+154%	204,5 k €	-46.5%	382,5 k €	+20.1%	318,4 k €	+91.1%	166,6 k €	-25.8%	224,4 k €	-4.8%	235,6 k €	+68.7%	139,7 k €	+8.2%	129,1 k €	+956%	12,2 k €	-96.0%	305,0 k €	+144%	125,0 k €	+41.7%	88,2 k €
Operating result	207,8 k €	-66.4%	617,9 k €	-27.7%	854,9 k €	+181%	304,3 k €	-41.7%	521,7 k €	+34.0%	389,2 k €	+20.5%	323,1 k €	-17.2%	390,0 k €	+140%	162,2 k €	-37.2%	258,1 k €	+32.7%	194,5 k €	+115%	90,6 k €	-47.7%	173,1 k €	+5.5%	164,1 k €	+135%	69,8 k €	-11.2%	78,7 k €	+236%	-57,8 k €	-126%	226,3 k €	+599%	32,4 k €	+3.7%	31,2 k €
Net result	233,2 k €	-65.7%	679,8 k €	-9.0%	747,3 k €	+155%	293,4 k €	-33.9%	444,2 k €	+37.9%	322,1 k €	+31.8%	244,4 k €	-20.3%	306,7 k €	+220%	95,9 k €	-55.1%	213,9 k €	+73.1%	123,5 k €	+14.8%	107,6 k €	-2.3%	110,2 k €	+19.1%	92,5 k €	+128%	40,7 k €	+0.5%	40,4 k €	+17.3%	34,5 k €	-56.1%	78,5 k €	+15.5%	67,9 k €	+26.3%	53,8 k €
Balance sheet
Equity	1,4 M €	+0.9%	1,4 M €	+6.2%	1,3 M €	+9.0%	1,2 M €	-8.9%	1,3 M €	+6.9%	1,3 M €	+8.7%	1,2 M €	+14.5%	1,0 M €	+13.8%	883,1 k €	+1.8%	867,2 k €	+7.3%	807,9 k €	+3.0%	784,4 k €	+15.9%	676,8 k €	+7.1%	631,7 k €	+5.2%	600,8 k €	+0.5%	597,6 k €	+4.4%	572,2 k €	+2.6%	557,7 k €	+5.4%	529,3 k €	+8.8%	486,3 k €
Total assets	2,7 M €	-9.3%	3,0 M €	-7.3%	3,3 M €	-4.0%	3,4 M €	+22.9%	2,8 M €	+10.2%	2,5 M €	+9.0%	2,3 M €	+2.6%	2,2 M €	+8.1%	2,1 M €	+6.2%	2,0 M €	-12.2%	2,2 M €	+42.2%	1,6 M €	-12.8%	1,8 M €	-2.5%	1,8 M €	+3.2%	1,8 M €	-9.8%	2,0 M €	-17.8%	2,4 M €	-3.5%	2,5 M €	-7.4%	2,7 M €	+14.3%	2,4 M €
Cash	129,2 k €	-87.9%	1,1 M €	+24.0%	861,7 k €	-11.9%	978,7 k €	-0.2%	980,7 k €	-37.4%	1,6 M €	+58.6%	987,4 k €	-7.2%	1,1 M €	+25.1%	850,3 k €	+17.5%	723,6 k €	+1.6%	712,4 k €	+82.0%	391,4 k €	-22.1%	502,5 k €	-3.3%	519,7 k €	+64.1%	316,7 k €	-44.5%	570,9 k €	-4.7%	599,2 k €	+24.5%	481,5 k €	-36.3%	755,7 k €	+478%	130,8 k €
Debts	1,2 M €	-19.4%	1,5 M €	-17.5%	1,8 M €	-11.7%	2,1 M €	+56.8%	1,3 M €	+14.5%	1,2 M €	+10.2%	1,1 M €	-7.3%	1,1 M €	+4.3%	1,1 M €	+10.7%	985,4 k €	-25.0%	1,3 M €	+94.2%	676,5 k €	-33.3%	1,0 M €	-8.0%	1,1 M €	+3.0%	1,1 M €	-14.3%	1,2 M €	-25.2%	1,7 M €	-6.4%	1,8 M €	-17.7%	2,2 M €	+15.9%	1,9 M €
Other
Workforce	10,6 ETP	+6.0%	10,0 ETP	-20.0%	12,5 ETP	-8.8%	13,7 ETP	+7.9%	12,7 ETP	+16.5%	10,9 ETP	-3.5%	11,3 ETP	+1.8%	11,1 ETP	-8.3%	12,1 ETP	-4.0%	12,6 ETP	-3.1%	13,0 ETP	+6.6%	12,2 ETP	-3.2%	12,6 ETP	-19.7%	15,7 ETP	-4.3%	16,4 ETP	-19.6%	20,4 ETP	-25.3%	27,3 ETP	-18.0%	33,3 ETP	-20.9%	42,1 ETP	+5.0%	40,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 19 ended

Active mandates

Jenny De Cock

Director · since 22 juin 2023 · until 22 juin 2029

Active

Kristof TILLON

Managing director · since 22 juin 2023 · until 22 juin 2029

Active

PROSYMA

Managing director · since 22 juin 2023 · until 22 juin 2029 · 0459.141.283

Represented by Tillon RUDI

Active

Ended mandates

Kristof TILLON

Director · since 22 juin 2023 · until 22 juin 2029

Ended

PROSYMA

Director · since 22 juin 2023 · until 22 juin 2029 · 0459.141.283

Represented by Tillon RUDI

Ended

PROSYMA

Afgevaardigd Bestuurder · since 17 juin 2021 · until 19 juin 2024 · 0459.141.283

Represented by Rudy Tillon

Ended

Kristof Tillon

Managing director · since 20 juin 2018 · until 19 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
SAB BNL● Active	0478.770.818

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	08/07/2026	01/07/2025	01/08/2024	31/07/2023	20/06/2022	25/06/2021
General meeting	22/06/2026	20/06/2025	10/07/2024	30/06/2023	15/06/2022	16/06/2021
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
Abridged model	31/12/2025	22/06/2026	08/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	01/07/2025	Dutch	PDF
Abridged model	31/12/2023	10/07/2024	01/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	20/06/2022	Dutch	PDF
Abridged model	31/12/2020	16/06/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	17/06/2020	22/06/2020	Dutch	PDF
Abridged model	31/12/2018	19/06/2019	25/06/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	21/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	17/06/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	24/06/2014	Dutch	PDF
Abridged model	31/12/2012	19/06/2013	19/08/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	22/06/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	14/07/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 · 3 active · 19 ended

Active mandates

Jenny De Cock

Director · since 22 juin 2023 · until 22 juin 2029

Active

Kristof TILLON

Managing director · since 22 juin 2023 · until 22 juin 2029

Active

PROSYMA

Managing director · since 22 juin 2023 · until 22 juin 2029 · 0459.141.283

Represented by Tillon RUDI

Active

Ended mandates

Kristof TILLON

Director · since 22 juin 2023 · until 22 juin 2029

Ended

PROSYMA

Director · since 22 juin 2023 · until 22 juin 2029 · 0459.141.283

Represented by Tillon RUDI

Ended

PROSYMA

Afgevaardigd Bestuurder · since 17 juin 2021 · until 19 juin 2024 · 0459.141.283

Represented by Rudy Tillon

Ended

Kristof Tillon

Managing director · since 20 juin 2018 · until 19 juin 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other26/06/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF
Mandates12/08/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/08/2004
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/11/2003
BENAMING - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025233,2 k €↓
2024
Annual accounts 2024679,8 k €↓
2023
Annual accounts 2023747,3 k €↑
2022
Annual accounts 2022293,4 k €↓
2021
Annual accounts 2021444,2 k €↑
2020
Annual accounts 2020322,1 k €↑
2019
Annual accounts 2019244,4 k €↓
2018
Annual accounts 2018306,7 k €↑
2017
Annual accounts 201795,9 k €↓
2016
Annual accounts 2016213,9 k €↑
2015
Annual accounts 2015123,5 k €↑
2014
Annual accounts 2014107,6 k €↓
2013
Annual accounts 2013110,2 k €↑
2012
Annual accounts 201292,5 k €↑
2011
Annual accounts 201140,7 k €↑
2010
Annual accounts 201040,4 k €↑
2009
Annual accounts 200934,5 k €↓
2008
Annual accounts 200878,5 k €↑
2007
Annual accounts 200767,9 k €↑
2006
Annual accounts 200653,8 k €
28/08/1990
IncorporationPublic 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

TILTECH

Overview

What does TILTECH do?

Trend over 20 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