Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2024; threshold 65 %.
-
Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
PROJECT T&T from Brussel, company number BE0476392437, closed financial year 2024 with a result of € 394,454 after tax. For that financial year PROJECT T&T recorded revenue of € 8.2 million and equity of € -8.6 million. Compared with financial year 2022, the result moved from € -1.3 million to € 394,454. Profitable, and profit is growing. 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 May 20, 2025.
€ -8.6 million
▲ € 7.7 million vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 394,454
▲ still € 1.3 million loss in 2022
Profit after tax over the fiscal year.
€ 1.4 million
▼ 80% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -16.8 million.
People and assets in 2024
€ 25.2 million
▲ 4% vs 2022
Of which on lease € 25.2 million.
Debts at end 2024
€ 29.4 million
Loans from banks and other lenders, long and short.
€ 8.9 million
▼ 24% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 59 days on average.
€ 2.5 million
▲ 271% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2024 | Change 2022 → 2024 | |
|---|---|---|---|---|
| Revenue | € 336,430 | € 0 | € 8,191,167 | |
| Profit after taxes | € 1,361,362 | € -1,334,318 | € 394,454 | ▲ € 1.7 million |
| Equity | € -14,972,490 | € -16,306,808 | € -8,560,442 | ▲ € 7.7 million |
| Total debts | € 144,829,492 | € 83,992,136 | € 162,347,194 | ▲ 93% |
| Cash | € 16,262,531 | € 6,772,294 | € 1,386,268 | ▼ 80% |
| Land & buildings | € 313,852 | € 221,281 | € 41,392 | ▼ 81% |
| Retained profit | € -23,169,439 | € -24,503,757 | € -16,757,391 | ▲ € 7.7 million |
| Bank debt | € 34,000,000 | € 29,400,000 | € 29,400,000 | |
| Balance sheet total | € 129,857,001 | € 67,685,329 | € 153,786,752 | ▲ 127% |
Key figures of PROJECT T&T, 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 PROJECT T&T?
What happened at PROJECT T&T in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tim Rens stepped down as director. NBB
- Michel Van Geyte stepped down as director. NBB
- Peter De Durpel stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 394,454. Source: NBB ↗
- Peter De Durpel became a director. NBB
- Tim Rens became a director. NBB
- Michel Van Geyte became a director. NBB
- New establishment in Brussel. KBO
In short
From € 1.4 million profit in 2021 to € 394,454 profit in 2024.
Paid € 540,303 in corporate taxes since 2021.
Best year ever: 2021, with € 1.4 million profit.
Pays suppliers within 59 days on average.
A new publication or filing at PROJECT T&T? We notify you, reason included.
Follow PROJECT T&TDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 Extensa Group NV (100%) and Extensa NV (0%).
Directors
According to the 2024 annual accounts
Tim Rens
Director
Also active at: T&T DOUANEHOTEL, EXTENSA GROUP, EXTENSA DEVELOPMENT, EXTENSA, Tour & Taxis Services, Gare Maritime, T&T Property Management, Monteco +2 more
since 2021 · until 2027
Michel Van Geyte
Director
Also active at: T&T DOUANEHOTEL, EXTENSA GROUP, EXTENSA DEVELOPMENT, EXTENSA, Tour & Taxis Services, Gare Maritime, T&T Property Management, Monteco +3 more
since 2021 · until 2027
Peter De Durpel
Director
Also active at: T&T DOUANEHOTEL, EXTENSA GROUP, EXTENSA DEVELOPMENT, EXTENSA, Gare Maritime, T&T Property Management
since 2023 · until 2027
Shareholders
100%
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Picardstraat 11 box 505
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
All companies at this address →T&T DOUANEHOTEL same network
€ -321,233 gross margin · 2024
Unitas
STUDIECENTRUM VAN DE VLAAMSE CHRISTEN-DEMOCRATEN
EXTENSA GROUP same network
€ 42,500 revenue · 2024
VROUW EN MAATSCHAPPIJ
+26 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
- 0476.392.437
- VAT number
- BE 0476.392.437
- Registered office
- Picardstraat 11 bus 505, 1000 Brussel
- Names & denominations
- PROJECT T&T
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2001
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur van niet-residentiële gebouwen
Ontwikkeling van niet-residentiële bouwprojecten
Handel in eigen onroerend goed
Handel in onroerend goed
Projectontwikkeling voor kantoorbouw
Projectontwikkeling voor infrastructuurwerken