Financials
Financial year 2025
T&K BUILDING from Gent, company number BE0632482461, closed financial year 2025 with a result of € -68,647 after tax. For that financial year T&K BUILDING recorded a gross margin of € 115,601 and equity of € 470,657. Compared with financial year 2024, the result moved from € 75,792 to € -68,647. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2025.
€ 470,657
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -68,647
▼ still € 75,792 profit in 2024
Profit after tax over the fiscal year.
€ 148,837
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 452,107.
People and assets in 2025
3.8
Average over the fiscal year, from the social balance sheet.
€ 129,061
▲ 6% vs 2024
€ 34,000 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.
€ 43,713
▼ 26% vs 2024
Of which on lease € 41,182.
Debts at end 2025
€ 763,006
▲ 151% vs 2024
€ 284,378 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 49,581
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 75,328
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 609,766 | € 247,188 | € 269,688 | € 115,601 | ▼ 57% |
| Profit after taxes | € 229,397 | € 64,442 | € 75,792 | € -68,647 | ▼ € 144,439 |
| Equity | € 392,920 | € 457,362 | € 539,304 | € 470,657 | ▼ 13% |
| Total debts | € 594,604 | € 588,566 | € 625,516 | € 1,084,832 | ▲ 73% |
| Cash | € 22,970 | € 0 | € 337,127 | € 148,837 | ▼ 56% |
| Land & buildings | - | - | € 95,000 | € 478,589 | ▲ € 383,589 |
| Retained profit | € 380,520 | € 444,962 | € 520,754 | € 452,107 | ▼ 13% |
| Bank debt | € 124,183 | € 170,634 | € 303,945 | € 763,006 | ▲ 151% |
| Balance sheet total | € 987,524 | € 1,045,928 | € 1,164,820 | € 1,555,489 | ▲ 34% |
| Employees (FTE) | 6.1 | 4.9 | 3.8 | 3.8 |
Key figures of T&K BUILDING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to T&K BUILDING?
What happened at T&K BUILDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 68,647 (▼ € 144,439 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Tunar Bilici became a director. NBB
In short
From € 229,397 profit in 2022 to € 68,647 loss in 2025.
Paid € 188,979 in corporate taxes since 2022.
Best year ever: 2022, with € 229,397 profit.
On average € 30,400 of value added per employee in 2025.
Management
Behind T&K BUILDING is Tunar Bilici.
Directors
According to the 2025 annual accounts
Tunar Bilici
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Salviastraat 54
9040 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0632.482.461
- VAT number
- BE 0632.482.461
- Registered office
- Salviastraat 54, 9040 Gent
- Names & denominations
- T&K BUILDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 2015
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Algemene bouw van residentiële gebouwen
Metselwerk
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Installatie van isolatie
Dakwerkzaamheden
Chapewerken
Isolatiewerkzaamheden
Uitvoeren van metsel- en voegwerken