Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
TTC EUROPE from Gent, company number BE0800657004, closed financial year 2024 with a result of € 3,061 after tax. For that financial year TTC EUROPE recorded a gross margin of € 22,488 and equity of € 10,537. Compared with financial year 2023, the result moved from € -7,524 to € 3,061. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 15, 2025.
€ 10,537
▲ 41% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,061
▲ still € 7,524 loss in 2023
Profit after tax over the fiscal year.
€ 11
▼ 99% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -4,463.
People and assets in 2024
€ 53,276
▼ 8% vs 2023
Of which on lease € 44,835.
Debts at end 2024
€ 34,410
▼ 25% vs 2023
€ 12,224 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 269
▼ 92% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 4,478 | € 22,488 | ▲ € 18,009 |
| Profit after taxes | € -7,524 | € 3,061 | ▲ € 10,585 |
| Equity | € 7,476 | € 10,537 | ▲ 41% |
| Total debts | € 57,715 | € 44,430 | ▼ 23% |
| Cash | € 2,132 | € 11 | ▼ 99% |
| Retained profit | € -7,524 | € -4,463 | ▲ € 3,061 |
| Bank debt | € 45,764 | € 34,410 | ▼ 25% |
| Balance sheet total | € 65,191 | € 54,967 | ▼ 16% |
Key figures of TTC EUROPE, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TTC EUROPE?
What happened at TTC EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 3,061. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 7,524 loss in 2023 to € 3,061 profit in 2024.
Best year ever: 2024, with € 3,061 profit.
Establishments
Establishment units
Physical locations of this company
Mahoniestraat 13
9030 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SOHRABI Mehdi(oprichter) 100%
Details
- Company number
- 0800.657.004
- VAT number
- BE 0800.657.004
- Registered office
- Mahoniestraat 13, 9030 Gent
- Names & denominations
- TTC EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2023
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
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