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 30.3 to 26.4.
Financials
Financial year 2025
t de neef engineering from Heist-op-den-Berg, company number BE0412618204, closed financial year 2025 with a result of € 108,741 after tax. For that financial year t de neef engineering recorded a gross margin of € 2 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 543,172 to € 108,741. 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 11, 2026.
€ 2.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,741
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 170,837
▼ 66% 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 € 1.9 million.
People and assets in 2025
26.4
▼ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 23% vs 2024
€ 68,100 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.
€ 170,803
▲ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 415,671
€ 36,139 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.1 million
▲ 189% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 94,122
▲ 138% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,605,061 | € 3,839,628 | € 2,794,659 | € 1,991,016 | ▼ 29% |
| Profit after taxes | € 1,199,725 | € 1,233,555 | € 543,172 | € 108,741 | ▼ 80% |
| Equity | € 5,309,996 | € 6,543,551 | € 1,986,722 | € 2,095,464 | ▲ 5% |
| Total debts | € 1,591,016 | € 1,342,104 | € 417,595 | € 1,603,373 | ▲ 284% |
| Cash | € 3,957,497 | € 5,626,564 | € 495,595 | € 170,837 | ▼ 66% |
| Retained profit | € 5,085,996 | € 6,319,551 | € 1,762,722 | € 1,871,464 | ▲ 6% |
| Dividend | € 0 | € 0 | € 5,100,000 | € 0 | ▼ 100% |
| Bank debt | € 63,803 | € 13,487 | € 0 | € 415,671 | |
| Balance sheet total | € 7,707,446 | € 8,562,725 | € 2,622,218 | € 3,765,737 | ▲ 44% |
| Employees (FTE) | 35.8 | 30.3 | 29.2 | 26.4 | ▼ 2.8 |
Key figures of t de neef engineering, 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 t de neef engineering?
What happened at t de neef engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TDN NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 108,741 (▼ 80% vs 2024). Source: NBB ↗
- TDN NV became a director. NBB
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2022 to € 108,741 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.2 million profit.
On average € 75,400 of value added per employee in 2025.
Management
The stake of Concretas comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
t de neef engineeringThe shares are held by Concretas (100%).
Establishments
Establishment units
Physical locations of this company
Misweg 3A
2220 Heist-op-den-Berg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.618.204
- VAT number
- BE 0412.618.204
- Registered office
- Misweg 3A, 2220 Heist-op-den-Berg
- Names & denominations
- t de neef engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 August 1972
- Peppol
- Active · Active since 12 Aug 2025
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