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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
B&T PROJECTS from Zwevegem, company number BE0697557187, closed financial year 2025 with a result of € 49,468 after tax. For that financial year B&T PROJECTS recorded a gross margin of € 86,080 and equity of € -123,508. Compared with financial year 2024, the result moved from € -94,012 to € 49,468. 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 June 29, 2026.
€ -123,508
▲ € 49,468 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,468
▲ still € 94,012 loss in 2024
Profit after tax over the fiscal year.
€ 14,018
▲ 222% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -129,708.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,103
▲ 150% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,428
▲ 98% 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 | € 2,612 | € 3,324 | € -52,694 | € 86,080 | ▲ € 138,775 |
| Profit after taxes | € -21,170 | € -15,686 | € -94,012 | € 49,468 | ▲ € 143,480 |
| Equity | € -63,279 | € -78,964 | € -172,976 | € -123,508 | ▲ € 49,468 |
| Total debts | € 1,138,427 | € 512,702 | € 585,324 | € 480,674 | ▼ 18% |
| Cash | € 5,336 | € 7,364 | € 4,352 | € 14,018 | ▲ 222% |
| Land & buildings | € 214,074 | € 205,057 | € 196,039 | € 187,022 | ▼ 5% |
| Retained profit | € -69,479 | € -85,164 | € -179,176 | € -129,708 | ▲ € 49,468 |
| Balance sheet total | € 1,075,148 | € 433,738 | € 412,348 | € 357,166 | ▼ 13% |
Key figures of B&T 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 B&T PROJECTS?
What happened at B&T 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 € 49,468. Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
- Timothy Bertrem became a director. NBB
- Brian Bertrem became a director. NBB
In short
From € 21,170 loss in 2022 to € 49,468 profit in 2025.
Paid € 1,473 in corporate taxes since 2022.
Best year ever: 2025, with € 49,468 profit.
Management
The stake of MBT-HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
B&T PROJECTSBehind B&T PROJECTS are Timothy Bertrem and Brian Bertrem. The shares are held by MBT-HOLDING (50%). It owns 50% of SQR Invest itself.
Directors
According to the 2025 annual accounts
since 2018
since 2018
Shareholders
50%
Participations
50%
Establishments
Establishment units
Physical locations of this company
Keiberg(H) 10
8551 Zwevegem
Keiberg(H) 14
8551 Zwevegem
Active since 5 June 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →B&T VASTGOED
€ -4,770 gross margin · 2025
Living Wetteren
€ 1,444 gross margin · 2025
MB - FASHION
€ 112,030 gross margin · 2025
De Zwaene
€ 70,091 gross margin · 2025
SQR INVEST same network
+3 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
- 0697.557.187
- VAT number
- BE 0697.557.187
- Registered office
- Keiberg(H) 10, 8551 Zwevegem
- Names & denominations
- B&T PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 2018
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in dranken, algemeen assortiment
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed