Financials
Financial year 2025
TMG PROJECTS from Alveringem, company number BE0774936859, closed financial year 2025 with a result of € 103,008 after tax. For that financial year TMG PROJECTS recorded a gross margin of € 121,508 and equity of € 31,081. Compared with financial year 2024, the result moved from € 64,761 to € 103,008. Profitable, and profit is growing. The buffer shrank hard: equity is 85 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 31,081
▼ 85% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 103,008
▲ 59% vs 2024
Profit after tax over the fiscal year.
€ 27,105
▲ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 279,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,000
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,000
▼ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 2,702
▲ € 2,273 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,468
▼ 59% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 100,218 | € 95,163 | € 85,040 | € 121,508 | ▲ 43% |
| Profit after taxes | € 70,870 | € 68,942 | € 64,761 | € 103,008 | ▲ 59% |
| Equity | € 73,370 | € 142,312 | € 207,073 | € 31,081 | ▼ 85% |
| Total debts | € 66,278 | € 77,904 | € 62,197 | € 29,169 | ▼ 53% |
| Cash | € 88,451 | € 21,994 | € 16,342 | € 27,105 | ▲ 66% |
| Retained profit | € 70,870 | € 139,812 | € 204,573 | € 28,581 | ▼ 86% |
| Dividend | € 0 | € 0 | € 0 | € 279,000 | |
| Bank debt | € 40,000 | € 30,000 | € 20,000 | € 10,000 | ▼ 50% |
| Balance sheet total | € 139,647 | € 220,216 | € 269,270 | € 60,250 | ▼ 78% |
Key figures of TMG 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 TMG PROJECTS?
What happened at TMG 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 € 103,008 (▲ 59% vs 2024). Source: NBB ↗
- New establishment in Alveringem. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,870 profit in 2022 to € 103,008 profit in 2025.
Paid € 74,436 in corporate taxes since 2022.
Best year ever: 2025, with € 103,008 profit.
Paid out € 279,000 in dividends to the owners in total.
Management
Behind TMG PROJECTS is Tom George.
Directors
According to the 2025 annual accounts
Tom George
Director
Establishments
Establishment units
Physical locations of this company
Bampoelstraat 1
8690 Alveringem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0774.936.859
- VAT number
- BE 0774.936.859
- Registered office
- Bampoelstraat 1, 8690 Alveringem
- Names & denominations
- TMG PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2021
- Peppol
- Active · Active since 18 Apr 2025
- Activities · NACE
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