Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Silver Tie Projects from Brussel, company number BE0691599805, closed financial year 2025 with a result of € 84,389 after tax. For that financial year Silver Tie Projects recorded a gross margin of € 254,028 and equity of € 85,123. Compared with financial year 2024, the result moved from € 51,788 to € 84,389. Profitable, and profit is growing. 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 5, 2026.
€ 85,123
▼ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 84,389
▲ 63% vs 2024
Profit after tax over the fiscal year.
€ 80,020
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 165,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
3
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 118,259
▼ 20% vs 2024
€ 39,400 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.
Debts at end 2025
€ 75,000
Loans from banks and other lenders, long and short.
€ 92,618
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,655
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 119,394 | € 215,598 | € 237,038 | € 254,028 | ▲ 7% |
| Profit after taxes | € 41,264 | € 67,275 | € 51,788 | € 84,389 | ▲ 63% |
| Equity | € 116,671 | € 113,946 | € 165,735 | € 85,123 | ▼ 49% |
| Total debts | € 188,890 | € 202,372 | € 229,664 | € 235,010 | ▲ 2% |
| Cash | € 95,210 | € 87,222 | € 110,134 | € 80,020 | ▼ 27% |
| Retained profit | € 46,789 | € 44,064 | € 95,853 | € 15,241 | ▼ 84% |
| Dividend | € 55,000 | € 70,000 | € 0 | € 165,000 | |
| Bank debt | € 0 | € 0 | € 75,000 | € 75,000 | |
| Balance sheet total | € 305,561 | € 316,319 | € 395,398 | € 320,134 | ▼ 19% |
| Employees (FTE) | 1.3 | 2.1 | 3.1 | 3 | ▼ 0.1 |
Key figures of Silver Tie 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 Silver Tie Projects?
What happened at Silver Tie Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 84,389 (▲ 63% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Samin NV became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,264 profit in 2022 to € 84,389 profit in 2025.
Paid € 81,916 in corporate taxes since 2022.
Best year ever: 2025, with € 84,389 profit.
On average € 84,700 of value added per employee in 2025.
Management
The stake of HOSPITIUM HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Silver Tie ProjectsBehind Silver Tie Projects is Samin NV. The shares are held by HOSPITIUM HOLDING (94%).
Directors
According to the 2025 annual accounts
Director · represented by Wim Schiettecat
Also active at: HOSPITIUM HOLDING, HOSPITIUM GENT, HOSPITIUM IMMO, Meatpack International, SKEDLE, Silver Tie Payroll, Uw Loonhuis
since 2020
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oud Korenhuis 16
1000 Brussel
Sint-Baafsplein 1 box A
9000 Gent
Active since 11 May 2022
Charles de Kerchovelaan 187
9000 Gent
Active since 1 January 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0691.599.805
- VAT number
- BE 0691.599.805
- Registered office
- Oud Korenhuis 16, 1000 Brussel
- Names & denominations
- Silver Tie Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2018
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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