What does T.T. HOLDINGS do?

T.T. HOLDINGS is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 30 October 2018, 1 establishment.

What is the address of T.T. HOLDINGS?

The registered office of T.T. HOLDINGS is located at Evolis(Kor) 78, 8500 Kortrijk.

Is T.T. HOLDINGS still active?

Yes. According to the CBE (29 October 2026) T.T. HOLDINGS is active, legal situation “Normale toestand”, started on 30 October 2018.

Is T.T. HOLDINGS registered on Peppol?

Yes, T.T. HOLDINGS is registered on the Peppol network with ID 0208:0712691464.

What is the enterprise number of T.T. HOLDINGS?

The enterprise number of T.T. HOLDINGS is BE0712691464.

When was T.T. HOLDINGS founded?

T.T. HOLDINGS was founded on 30 October 2018.

Who are the directors of T.T. HOLDINGS?

According to the 2025 annual accounts, the directors of T.T. HOLDINGS are: ADELAR BV, TRUSTTEAM GROUP BV.

Is T.T. HOLDINGS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 October 2018; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did T.T. HOLDINGS make in 2025?

T.T. HOLDINGS recorded a loss after taxes of € 3,897,653 in financial year 2025.

What is the revenue of T.T. HOLDINGS?

In its most recent annual accounts (2025), T.T. HOLDINGS reported revenue of € 6,501,178.

How much does an employee at T.T. HOLDINGS earn?

The average wage cost per full-time employee at T.T. HOLDINGS was € 97,700 in 2025: staff costs of € 2.3 million for 23.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does T.T. HOLDINGS have?

According to the 2025 annual accounts, T.T. HOLDINGS has 23.7 full-time equivalents (FTE).

T.T. HOLDINGS (Public Limited) - Kortrijk - BE0712691464

Dossier T.T. HOLDINGS, printed on 29 October 2026 from databakkes.be/en/0712691464/t-t-holdings. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

T.T. HOLDINGS from Kortrijk, company number BE0712691464, closed financial year 2025 with a result of € -3.9 million after tax. For that financial year T.T. HOLDINGS recorded revenue of € 6.5 million and equity of € 71.8 million. Compared with financial year 2024, the result moved from € -2.2 million to € -3.9 million. 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 13, 2026.

What it is worth Healthy

€ 71.8 million

▼ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -3.9 million

▼ 76 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 120,013

▼ 10% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 34.9 million.

People and assets in 2025

Full-time equivalents

23.7

▲ 2.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.3 million

▲ 19% vs 2024

€ 97,700 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.

Vehicles and equipment

€ 4,677

▼ 74% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 19.5 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.2 million

▲ 192% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 174 days on average.

Taxes and wages

€ 242,479

▲ 23% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 2,937,391 Revenue 2022: € 2,937,391 First fiscal year in the series	€ 3,550,222 Revenue 2023: € 3,550,222 ▲ 21% vs 2022 (€ 2,937,391) Favourable step	€ 5,979,588 Revenue 2024: € 5,979,588 ▲ 68% vs 2023 (€ 3,550,222) Favourable step	€ 6,501,178 Revenue 2025: € 6,501,178 ▲ 9% vs 2024 (€ 5,979,588) Favourable step	▲ 9%
Profit after taxes	€ 44,861,899 Profit after taxes 2022: € 44,861,899 First fiscal year in the series	€ -754,783 Profit after taxes 2023: € -754,783 ▼ € 45.6 million vs 2022 (€ 44,861,899) Unfavourable step	€ -2,217,560 Profit after taxes 2024: € -2,217,560 ▼ € 1.5 million vs 2023 (€ -754,783) Unfavourable step	€ -3,897,653 Profit after taxes 2025: € -3,897,653 ▼ € 1.7 million vs 2024 (€ -2,217,560) Unfavourable step	▼ € 1.7 million
Equity	€ 78,662,949 Equity 2022: € 78,662,949 First fiscal year in the series	€ 77,908,165 Equity 2023: € 77,908,165 ▼ 1% vs 2022 (€ 78,662,949) Unfavourable step	€ 75,690,606 Equity 2024: € 75,690,606 ▼ 3% vs 2023 (€ 77,908,165) Unfavourable step	€ 71,792,953 Equity 2025: € 71,792,953 ▼ 5% vs 2024 (€ 75,690,606) Unfavourable step	▼ 5%
Total debts	€ 24,242,212 Total debts 2022: € 24,242,212 First fiscal year in the series	€ 46,020,422 Total debts 2023: € 46,020,422 ▲ 90% vs 2022 (€ 24,242,212) Unfavourable step	€ 42,822,430 Total debts 2024: € 42,822,430 ▼ 7% vs 2023 (€ 46,020,422) Favourable step	€ 43,957,562 Total debts 2025: € 43,957,562 ▲ 3% vs 2024 (€ 42,822,430) Unfavourable step	▲ 3%
Cash	€ 138,028 Cash 2022: € 138,028 First fiscal year in the series	€ 208,195 Cash 2023: € 208,195 ▲ 51% vs 2022 (€ 138,028) Favourable step	€ 133,831 Cash 2024: € 133,831 ▼ 36% vs 2023 (€ 208,195) Unfavourable step	€ 120,013 Cash 2025: € 120,013 ▼ 10% vs 2024 (€ 133,831) Unfavourable step	▼ 10%
Retained profit	€ 41,731,131 Retained profit 2022: € 41,731,131 First fiscal year in the series	€ 40,976,347 Retained profit 2023: € 40,976,347 ▼ 2% vs 2022 (€ 41,731,131) Unfavourable step	€ 38,758,788 Retained profit 2024: € 38,758,788 ▼ 5% vs 2023 (€ 40,976,347) Unfavourable step	€ 34,861,135 Retained profit 2025: € 34,861,135 ▼ 10% vs 2024 (€ 38,758,788) Unfavourable step	▼ 10%
Bank debt	€ 4,687,312 Bank debt 2022: € 4,687,312 First fiscal year in the series	€ 19,549,203 Bank debt 2023: € 19,549,203 ▲ € 14.9 million vs 2022 (€ 4,687,312) Unfavourable step	€ 19,491,614 Bank debt 2024: € 19,491,614 Unchanged (€ 19,549,203) Favourable step	€ 19,483,163 Bank debt 2025: € 19,483,163 Unchanged (€ 19,491,614) Favourable step
Balance sheet total	€ 102,905,161 Balance sheet total 2022: € 102,905,161 First fiscal year in the series	€ 123,928,587 Balance sheet total 2023: € 123,928,587 ▲ 20% vs 2022 (€ 102,905,161) Unchanged	€ 118,513,036 Balance sheet total 2024: € 118,513,036 ▼ 4% vs 2023 (€ 123,928,587) Unchanged	€ 115,750,515 Balance sheet total 2025: € 115,750,515 ▼ 2% vs 2024 (€ 118,513,036) Unchanged	▼ 2%
Employees (FTE)	-	42 Employees (FTE) 2023: 42 First fiscal year in the series	21.1 Employees (FTE) 2024: 21.1 ▼ 20.9 vs 2023 (42) Unchanged	23.7 Employees (FTE) 2025: 23.7 ▲ 2.6 vs 2024 (21.1) Unchanged	▲ 2.6

Key figures of T.T. HOLDINGS, 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.T. HOLDINGS?

What happened at T.T. HOLDINGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 ADELAR BV stepped down as director. NBB
2028 TRUSTTEAM GROUP BV stepped down as director. NBB
Jul 13, 2026 New annual accounts for financial year 2025: loss of € 3.9 million. Source: NBB ↗
2025 ADELAR BV became a director. NBB
2022 TRUSTTEAM GROUP BV became a director. NBB
Oct 30, 2018 New establishment in Kortrijk. KBO
Oct 30, 2018 Start of the company according to the CBE. KBO

In short

From € 44.9 million profit in 2022 to € 3.9 million loss in 2025.

Paid € 13,757 in corporate taxes since 2022.

Best year ever: 2022, with € 44.9 million profit.

Pays suppliers within 174 days on average.

Original PDFs at the National Bank ↗

Management

Trustteam Group 100%

The stake of Trustteam Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

T.T. HOLDINGS

Trustteam 100%

The shares are held by Trustteam Group (100%). It owns 100% of Trustteam itself.

Directors

According to the 2025 annual accounts

ADELAR BV

Director · represented by Erwin DEBAERE

Also active at: Green Hill I, Trustteam Group

since 2025 · until 2028

TRUSTTEAM GROUP BV

Director · represented by Stijn VANDEPUTTE

Also active at: TRUSTTEAM WALLONIE, ORDITECH, TRUSTTEAM, REDSYSTEM, DASHAN, GHALAN, ACSONE

since 2022 · until 2028

Shareholders

Trustteam Group

100%

Participations

Trustteam

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Evolis(Kor) 78

8500 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

ALPHA INVESTMENT SERVICES

€ -818 gross margin · 2022

TRUSTTEAM same network

€ 37.5 million revenue · 2025

Green Hill I same network

€ 99,652 revenue · 2025

Trustteam Group same network

€ 5.7 million revenue · 2025

Green Hill Partners

+1 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

0712.691.464

VAT number

BE 0712.691.464

Registered office

Evolis(Kor) 78, 8500 Kortrijk

Names & denominations

T.T. HOLDINGS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 October 2018

Peppol

Active · Active since 3 Dec 2025

Activities · NACE

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

T.T. HOLDINGS

Warning lights

Financials

What happened to T.T. HOLDINGS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions