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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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
T-Traders from Kapellen, company number BE0459223833, closed financial year 2025 with a result of € 33,007 after tax. For that financial year T-Traders recorded a gross margin of € 240,607 and equity of € 576,365. Compared with financial year 2024, the result moved from € 9,729 to € 33,007. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 20, 2025.
€ 576,365
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,007
▲ 239% vs 2024
Profit after tax over the fiscal year.
€ 67,009
▼ 10% 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 € 218,873.
People and assets in 2025
2.2
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 90,373
▼ 26% vs 2024
€ 41,100 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.
€ 5,920
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 2% vs 2024
€ 104,867 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 35,819
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,055
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 341,403 | € 302,306 | € 225,972 | € 240,607 | ▲ 6% |
| Profit after taxes | € 173,002 | € 112,238 | € 9,729 | € 33,007 | ▲ 239% |
| Equity | € 421,390 | € 533,628 | € 543,358 | € 576,365 | ▲ 6% |
| Total debts | € 351,384 | € 1,185,578 | € 1,257,495 | € 1,186,487 | ▼ 6% |
| Cash | € 154,733 | € 113,022 | € 74,280 | € 67,009 | ▼ 10% |
| Land & buildings | € 107,265 | € 1,143,557 | € 1,148,225 | € 1,097,656 | ▼ 4% |
| Retained profit | € 63,898 | € 176,136 | € 185,866 | € 218,873 | ▲ 18% |
| Dividend | € 10,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 244,737 | € 1,073,805 | € 1,099,328 | € 1,121,377 | ▲ 2% |
| Balance sheet total | € 772,774 | € 1,719,206 | € 1,800,853 | € 1,762,852 | ▼ 2% |
| Employees (FTE) | 3.7 | 2.6 | 3.1 | 2.2 | ▼ 0.9 |
Key figures of T-Traders, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to T-Traders?
What happened at T-Traders in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,007 (▲ 239% vs 2024). Source: NBB ↗
- New establishment in Kapellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 173,002 profit in 2022 to € 33,007 profit in 2025.
Paid € 72,332 in corporate taxes since 2022.
Best year ever: 2022, with € 173,002 profit.
On average € 109,400 of value added per employee in 2025.
Management
Behind T-Traders are Gilles Termissen, Jesse Termissen and Patrick Termissen.
Directors
According to the 2025 annual accounts
Gilles Termissen
Director
Jesse Termissen
Director
Patrick Termissen
Director
Establishments
Establishment units
Physical locations of this company
Essensteenweg 16
2950 Kapellen
Essensteenweg 16 box A12
2950 Kapellen
Active since 18 February 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →HOUSE OF CLOVER
€ 18 gross margin · 2025
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€ -1,683 gross margin · 2025
VIDA PROJECTS
€ 323,745 gross margin · 2025
"SAFETY FENCE BELGIUM"
€ -15,844 gross margin · 2025
De Mik
€ 45,160 gross margin · 2025
+10 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
- 0459.223.833
- VAT number
- BE 0459.223.833
- Registered office
- Essensteenweg 16, 2950 Kapellen
- Names & denominations
- T-Traders
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 1996
- Peppol
- Active · Active since 4 Jul 2025
- Activities · NACE
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