Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
T.F.E. from Aalst, company number BE0475441639, closed financial year 2024 with a result of € -144,721 after tax. For that financial year T.F.E. recorded a gross margin of € 93,386 and equity of € 110,790. Compared with financial year 2023, the result moved from € 10,796 to € -144,721. The company made a loss. The buffer shrank hard: equity is 57 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 18, 2025.
€ 110,790
▼ 57% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -144,721
▼ still € 10,796 profit in 2023
Profit after tax over the fiscal year.
€ 25,268
▲ 116% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 92,040.
People and assets in 2024
3.1
▼ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 137,385
▲ 12% vs 2023
€ 44,300 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.
€ 63,096
▲ 20% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 670,337
▼ 2% vs 2023
€ 59,125 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 182,296
▼ 30% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 35,478
▲ 22% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 143,431 | € 347,671 | € 211,208 | € 93,386 | ▼ 56% |
| Profit after taxes | € 6,240 | € 120,825 | € 10,796 | € -144,721 | ▼ € 155,517 |
| Equity | € 123,890 | € 244,715 | € 255,511 | € 110,790 | ▼ 57% |
| Total debts | € 522,367 | € 872,197 | € 1,124,481 | € 1,047,289 | ▼ 7% |
| Cash | € 57,824 | € 53,573 | € 11,692 | € 25,268 | ▲ 116% |
| Land & buildings | € 262,129 | € 438,773 | € 726,550 | € 701,335 | ▼ 3% |
| Retained profit | € 105,140 | € 225,965 | € 236,761 | € 92,040 | ▼ 61% |
| Bank debt | € 209,445 | € 466,007 | € 681,455 | € 670,337 | ▼ 2% |
| Balance sheet total | € 646,257 | € 1,116,913 | € 1,379,993 | € 1,158,079 | ▼ 16% |
| Employees (FTE) | - | - | 3.2 | 3.1 | ▼ 0.1 |
Key figures of T.F.E., fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to T.F.E.?
What happened at T.F.E. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 144,721 (▼ € 155,517 vs 2023). Source: NBB ↗
- Mark De Blander became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,240 profit in 2021 to € 144,721 loss in 2024.
Paid € 37,883 in corporate taxes since 2021.
Best year ever: 2022, with € 120,825 profit.
On average € 30,100 of value added per employee in 2024.
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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
Directors
According to the 2024 annual accounts
Mark De Blander
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Gentse steenweg 196
9300 Aalst
Stationsstraat 24 box 2
9300 Aalst
Active since 17 October 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0475.441.639
- VAT number
- BE 0475.441.639
- Registered office
- Gentse steenweg 196, 9300 Aalst
- Names & denominations
- T.F.E.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 August 2001
- Peppol
- Active · Active since 14 Jun 2024
- Contact
- kachels-tfe.be
- Activities · NACE
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Overige gespecialiseerde bouwwerkzaamheden
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