Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 37.3 to 33.5.
-
Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
T.P.F. - ENGINEERING from Vorst, company number BE0400422532, closed financial year 2025 with a result of € 253,852 after tax. For that financial year T.P.F. - ENGINEERING recorded revenue of € 11.7 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 694,319 to € 253,852. The company is profitable. 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 18, 2026.
€ 2.6 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 253,852
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 637,489
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 922,086.
People and assets in 2025
33.5
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 4% vs 2024
€ 101,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 67,503
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▼ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 541,266
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.
€ 493,756
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,591,794 | € 10,233,862 | € 12,994,061 | € 11,709,005 | ▼ 10% |
| Profit after taxes | € 310,437 | € -949,573 | € 694,319 | € 253,852 | ▼ 63% |
| Equity | € 2,446,380 | € 1,612,916 | € 2,307,235 | € 2,561,086 | ▲ 11% |
| Total debts | € 6,523,792 | € 6,884,958 | € 4,500,549 | € 3,381,684 | ▼ 25% |
| Cash | € 983,945 | € 599,821 | € 1,578,189 | € 637,489 | ▼ 60% |
| Retained profit | € 807,380 | € -26,084 | € 668,235 | € 922,086 | ▲ 38% |
| Bank debt | € 4,839,389 | € 5,339,389 | € 2,534,206 | € 2,300,000 | ▼ 9% |
| Balance sheet total | € 9,182,672 | € 8,679,124 | € 7,032,784 | € 6,142,770 | ▼ 13% |
| Employees (FTE) | 38.8 | 37.3 | 33.8 | 33.5 | ▼ 0.3 |
Key figures of T.P.F. - ENGINEERING, fiscal years 2021 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 T.P.F. - ENGINEERING?
What happened at T.P.F. - ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ERWIN VANGENECHTEN stepped down as director. NBB
- PHILIPPE THIBAUT stepped down as director. NBB
- ALBATER SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 253,852 (▼ 63% vs 2024). Source: NBB ↗
- ERWIN VANGENECHTEN became a director. NBB
- PHILIPPE THIBAUT became a director. NBB
- ALBATER SA became a director. NBB
- New establishment in Vorst. KBO
In short
From € 310,437 profit in 2021 to € 253,852 profit in 2025.
Paid € 302,427 in corporate taxes since 2021.
Best year ever: 2024, with € 694,319 profit.
Pays suppliers within 25 days on average.
A new publication or filing at T.P.F. - ENGINEERING? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by TPF SA (99.9%), TPF UTILITIES SA (0.1%), MARC MICHEL (0%) and PHILIPPE DEBEQUEVORT (0%). It owns 1% of TPF ALGERIE, 0% of TPF UTILITIES SA and 0% of TPF ECONOLER SA itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2018 · until 2029
since 2024 · until 2030
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
de Haveskerckelaan 46
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →TPF CONTRACTING
€ -64 gross margin · 2024
TPF UTILITIES same network
€ 32.3 million revenue · 2025
SOCIETE CAROLOREGIENNE DE GESTION THERMIQUE
T.P.F. same network
€ 9.1 million revenue · 2025
STRATOS CONSULT
€ 122,162 gross margin · 2025
+11 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
- 0400.422.532
- VAT number
- BE 0400.422.532
- Registered office
- de Haveskerckelaan 46, 1190 Vorst
- Names & denominations
- T.P.F. - ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1948
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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