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 60 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
92 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
'T Park Development from Brussel, company number BE0478120522, closed financial year 2025 with a result of € -533,115 after tax. For that financial year 'T Park Development recorded a gross margin of € -1.2 million and equity of € 16.7 million. Compared with financial year 2024, the result moved from € 1.3 million to € -533,115. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 16.7 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -533,115
▼ still € 1.3 million profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.6 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.
€ 2 million
▲ 160% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 600,247
▼ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 128,492 | € 93,744 | € 852,788 | € -1,221,103 | ▼ € 2.1 million |
| Profit after taxes | € 349,071 | € 559,017 | € 1,306,489 | € -533,115 | ▼ € 1.8 million |
| Equity | € 15,328,429 | € 15,887,446 | € 17,193,935 | € 16,660,821 | ▼ 3% |
| Total debts | € 1,256,284 | € 5,107,547 | € 7,892,228 | € 2,578,388 | ▼ 67% |
| Cash | € 991,430 | € 1,043,572 | € 0 | - | |
| Retained profit | € -6,933,571 | € -6,374,554 | € -5,068,065 | € -5,601,179 | ▼ € 533,115 |
| Balance sheet total | € 16,584,713 | € 20,994,993 | € 25,086,163 | € 19,239,208 | ▼ 23% |
Key figures of 'T Park Development, 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 Park Development?
What happened at 'T Park Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- QUEEN-K BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 533,115 (▼ € 1.8 million vs 2024). Source: NBB ↗
- ALIX ASPESLAGH BV stepped down as director. NBB
- KB FINANCIAL SERVICES BV stepped down as director. NBB
- SEDEX BV stepped down as director. NBB
- QUEEN-K BV became a director. NBB
- SEDEX BV became a director. NBB
- ALIX ASPESLAGH BV became a director. NBB
In short
From € 349,071 profit in 2022 to € 533,115 loss in 2025.
Paid € 84,749 in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
Management
The stake of "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE" comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
'T Park DevelopmentThe shares are held by "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE" (100%).
Directors
According to the 2025 annual accounts
Director · represented by Sébastien DELVAUX
since 2022 · until 2025
since 2022 · until 2026
Director · represented by Olivier THIEL
Also active at: COMPAGNIE IMMOBILIERE DE WALLONIE, Infinito, QUOMAGO S.A., COSIMO, VELDIMMO, LES JARDINS DU NORD - NOORDWARANDE, ESPACE NIVELLES, IMMOBEL Project Management +29 more
since 2025 · until 2028
Director · represented by Karel BREDA
Also active at: GOODWAYS, Lotinvest Development, COSIMO, FONCIERE JENNIFER, FLINT LAND, VESALIUS CONSTRUCT, ULP-I, Val d'Or Construct +18 more
since 2022 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Anspachlaan 1
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 92 companies are registered at this address.
All companies at this address →bpost
€ 2.2 billion revenue · 2025
COMPAGNIE IMMOBILIERE DE WALLONIE same network
€ -5,696 gross margin · 2025
Infinito same network
€ -3,366 gross margin · 2025
TotalEnergies Marketing Belgium
€ 6.1 billion revenue · 2025
TotalEnergies Petrochemicals & Refining
€ 15.5 billion revenue · 2025
+87 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
- 0478.120.522
- VAT number
- BE 0478.120.522
- Registered office
- Anspachlaan 1, 1000 Brussel
- Names & denominations
- 'T Park Development
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 August 2002
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Handel in eigen onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis