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 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TBA Projects from Mechelen, company number BE0728633514, closed financial year 2025 with a result of € -16,235 after tax. For that financial year TBA Projects recorded a gross margin of € -3,499 and equity of € -19,457. Compared with financial year 2024, the result moved from € -7,729 to € -16,235. The company made a loss. 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 May 18, 2026.
€ -19,457
▼ € 16,235 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,235
▼ 110 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,535
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,457.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 26,518
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 131
Loans from banks and other lenders, long and short.
€ 620
Supplier invoices still open on the last day of the fiscal year.
€ 1,035
▲ € 882 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,756 | € 26,793 | € 5,732 | € -3,499 | ▼ € 9,231 |
| Profit after taxes | € -1,161 | € 13,994 | € -7,729 | € -16,235 | ▼ € 8,506 |
| Equity | € 42,512 | € 4,506 | € -3,223 | € -19,457 | ▼ € 16,235 |
| Total debts | € 3,092 | € 94,928 | € 57,885 | € 52,447 | ▼ 9% |
| Cash | € 30,553 | € 40,537 | € 14,811 | € 5,535 | ▼ 63% |
| Land & buildings | - | - | - | € 159 | |
| Retained profit | € 38,512 | € 506 | € -7,223 | € -23,457 | ▼ € 16,235 |
| Dividend | € 0 | € 52,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 553 | € 0 | € 131 | |
| Balance sheet total | € 45,604 | € 99,435 | € 54,662 | € 32,990 | ▼ 40% |
Key figures of TBA 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 TBA Projects?
What happened at TBA 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 € 16,235. Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,161 loss in 2022 to € 16,235 loss in 2025.
Paid € 4,537 in corporate taxes since 2022.
Best year ever: 2023, with € 13,994 profit.
Paid out € 52,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TBA Projects is Ashley Vandervondelen.
Directors
According to the 2025 annual accounts
Ashley Vandervondelen
Director
Establishments
Establishment units
Physical locations of this company
Hooiendonkstraat(HEF) 45
2801 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AUTOMATTIC - Automattic, Inc, US
Website info
Features
Security
Network
Details
- Company number
- 0728.633.514
- VAT number
- BE 0728.633.514
- Registered office
- Hooiendonkstraat(HEF) 45, 2801 Mechelen
- Names & denominations
- TBA Projects · Horeca Agency - Happy Horeca - Horeca Academy
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2019
- Peppol
- Active · Active since 6 Jan 2026
- Contact
- o-bat.be +32 476 97 26 90
- Activities · NACE
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