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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
B&T VASTGOED from Zwevegem, company number BE0449727929, closed financial year 2025 with a result of € -10,239 after tax. For that financial year B&T VASTGOED recorded a gross margin of € -4,770 and equity of € -980,721. Compared with financial year 2024, the result moved from € -90,401 to € -10,239. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ -980,721
▼ € 10,239 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,239
▲ 89 % less loss than in 2024
Profit after tax over the fiscal year.
€ 360
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 210,493
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -101,587 | € 351,499 | € -92,462 | € -4,770 | ▲ € 87,692 |
| Profit after taxes | € -182,704 | € 469,612 | € -90,401 | € -10,239 | ▲ € 80,162 |
| Equity | € -1,349,692 | € -880,080 | € -970,481 | € -980,721 | ▼ € 10,239 |
| Total debts | € 3,606,283 | € 2,165,319 | € 1,266,163 | € 1,278,257 | ▲ 1% |
| Cash | € 1,375 | € 102,688 | € 2,531 | € 360 | ▼ 86% |
| Retained profit | € -1,441,165 | € -971,553 | € -1,061,954 | € -1,072,194 | ▼ € 10,239 |
| Bank debt | € 1,457,374 | € 150,000 | € 0 | € 0 | |
| Balance sheet total | € 2,256,590 | € 1,285,239 | € 295,682 | € 297,537 | ▲ 1% |
Key figures of B&T VASTGOED, 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 B&T VASTGOED?
What happened at B&T VASTGOED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Veronique Vandenhole stepped down as director. NBB
- Luc Bertrem stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 10,239. filed late Source: NBB ↗
- Veronique Vandenhole became a director. NBB
- MBT INVEST NV stepped down as director. NBB
- B & T PROJECTS BV stepped down as director. NBB
- Luc Bertrem became a director. NBB
- MBT INVEST NV became a director. NBB
In short
From € 182,704 loss in 2022 to € 10,239 loss in 2025.
Best year ever: 2023, with € 469,612 profit.
Management
The stake of MBT-HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
B&T VASTGOEDThe shares are held by MBT-HOLDING (99.7%).
Directors
According to the 2025 annual accounts
Veronique Vandenhole
Director
since 2025 · until 2031
Director · represented by Bertrem Luc
Also active at: Living Wetteren, MB - FASHION, De Zwaene
since 2023 · until 2025
Director · represented by Bertrem Brian
Also active at: GVF VIN, IMMO PROJECTS INVEST, D&B IMMO PROJECTS
since 2023 · until 2025
since 2025 · until 2031
Shareholders
99.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Keiberg(H) 10
8551 Zwevegem
Killestraat 4
9220 Hamme (Vl.)
Active since 27 April 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Living Wetteren same network
€ 1,444 gross margin · 2025
MB - FASHION same network
€ 112,030 gross margin · 2025
De Zwaene same network
€ 70,091 gross margin · 2025
SQR INVEST
B&T PROJECTS same network
€ 86,080 gross margin · 2025
+3 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
- 0449.727.929
- VAT number
- BE 0449.727.929
- Registered office
- Keiberg(H) 10, 8551 Zwevegem
- Names & denominations
- B&T VASTGOED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1993
- Peppol
- Active · Active since 30 Sept 2025