Financials
Financial year 2025
TBR-PROJECTS from Lendelede, company number BE0685632523, closed financial year 2025 with a result of € -6,171 after tax. For that financial year TBR-PROJECTS recorded a gross margin of € 105,341 and equity of € 89,326. Compared with financial year 2024, the result moved from € 58,395 to € -6,171. 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 August 31, 2026.
€ 89,326
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,171
▼ still € 58,395 profit in 2024
Profit after tax over the fiscal year.
€ 81,545
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 70,726.
People and assets in 2025
1.8
Average over the fiscal year, from the social balance sheet.
€ 84,643
▲ 52% vs 2024
€ 47,000 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.
€ 10,035
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 208,925
▲ 31% vs 2024
€ 27,732 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 138,002
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,492
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 183,585 | € 88,794 | € 190,681 | € 105,341 | ▼ 45% |
| Profit after taxes | € 59,400 | € -1,231 | € 58,395 | € -6,171 | ▼ € 64,566 |
| Equity | € 176,395 | € 145,165 | € 153,560 | € 89,326 | ▼ 42% |
| Total debts | € 369,675 | € 384,391 | € 297,724 | € 387,529 | ▲ 30% |
| Cash | € 23,308 | € 2,006 | € 68,587 | € 81,545 | ▲ 19% |
| Land & buildings | € 216,122 | € 205,541 | € 194,961 | € 184,706 | ▼ 5% |
| Retained profit | € 157,795 | € 126,565 | € 134,960 | € 70,726 | ▼ 48% |
| Dividend | € 0 | € 30,000 | € 50,000 | € 58,063 | ▲ 16% |
| Bank debt | € 213,214 | € 227,327 | € 159,895 | € 208,925 | ▲ 31% |
| Balance sheet total | € 546,070 | € 529,556 | € 451,284 | € 476,855 | ▲ 6% |
| Employees (FTE) | 2.3 | 1.5 | 1.8 | 1.8 |
Key figures of TBR-PROJECTS, 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 TBR-PROJECTS?
What happened at TBR-PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,171 (▼ € 64,566 vs 2024). filed late Source: NBB ↗
- New establishment in Lendelede. KBO
- Start of the company according to the CBE. KBO
- Sofie Ferlin became a director. NBB
- Dries Schotte became a director. NBB
In short
From € 59,400 profit in 2022 to € 6,171 loss in 2025.
Paid € 48,208 in corporate taxes since 2022.
Best year ever: 2022, with € 59,400 profit.
On average € 58,500 of value added per employee in 2025.
Management
Behind TBR-PROJECTS are Sofie Ferlin and Dries Schotte.
Directors
According to the 2025 annual accounts
Sofie Ferlin
Director
since 2017
Dries Schotte
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Rozebeeksestraat 139
8860 Lendelede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.632.523
- VAT number
- BE 0685.632.523
- Registered office
- Rozebeeksestraat 139, 8860 Lendelede
- Names & denominations
- TBR-PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2017
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Schrijnwerk
Vervaardiging van ander schrijn- en timmerwerk