Financials
Financial year 2025
TVH PROJECTS from Herzele, company number BE0782771390, closed financial year 2025 with a result of € 50,747 after tax. For that financial year TVH PROJECTS recorded a gross margin of € 226,284 and equity of € 145,897. Compared with financial year 2024, the result moved from € 33,275 to € 50,747. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 145,897
▲ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,747
▲ 53% vs 2024
Profit after tax over the fiscal year.
€ 79,197
▲ 171% 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 € 143,397.
People and assets in 2025
€ 138,014
▲ 175% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31,220
▲ € 25,095 vs 2024
Of which on lease € 24,177.
Debts at end 2025
€ 24,375
€ 5,248 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 30,056
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,204
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,246 | € 58,965 | € 101,920 | € 226,284 | ▲ 122% |
| Profit after taxes | € 39,373 | € 26,114 | € 33,275 | € 50,747 | ▲ 53% |
| Equity | € 41,873 | € 67,986 | € 101,262 | € 145,897 | ▲ 44% |
| Total debts | € 64,786 | € 54,083 | € 73,932 | € 81,503 | ▲ 10% |
| Cash | € 33,981 | € 65,797 | € 29,213 | € 79,197 | ▲ 171% |
| Land & buildings | € 3,761 | € 3,379 | € 2,996 | € 2,614 | ▼ 13% |
| Retained profit | € 39,373 | € 65,486 | € 98,762 | € 143,397 | ▲ 45% |
| Bank debt | € 12,589 | € 0 | € 0 | € 24,375 | |
| Balance sheet total | € 106,659 | € 122,069 | € 175,193 | € 227,400 | ▲ 30% |
Key figures of TVH 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 TVH PROJECTS?
What happened at TVH 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 € 50,747 (▲ 53% vs 2024). Source: NBB ↗
- New establishment in Herzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,373 profit in 2022 to € 50,747 profit in 2025.
Paid € 41,713 in corporate taxes since 2022.
Best year ever: 2025, with € 50,747 profit.
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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 TVH PROJECTS are Tom Van Hende and Iwan Van Hende.
Directors
According to the 2025 annual accounts
Tom Van Hende
Director
Iwan Van Hende
Director
Establishments
Establishment units
Physical locations of this company
Kruisweg 25
9550 Herzele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0782.771.390
- VAT number
- BE 0782.771.390
- Registered office
- Kruisweg 25, 9550 Herzele
- Names & denominations
- TVH PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 2022
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.