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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TB REAL ESTATE from Gedinne, company number BE0801051041, closed financial year 2025 with a result of € -49,095 after tax. For that financial year TB REAL ESTATE recorded a gross margin of € -13,228 and equity of € -70,786. Compared with financial year 2024, the result moved from € -41,690 to € -49,095. 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 August 27, 2026.
€ -70,786
▼ € 49,096 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,095
▼ 18 % more loss than in 2024
Profit after tax over the fiscal year.
€ 13,694
▲ € 11,124 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -90,786.
People and assets in 2025
€ 9,626
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13,768
▲ 260% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,222
▲ € 1,831 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -13,056 | € -13,228 | ▼ € 172 |
| Profit after taxes | € -41,690 | € -49,095 | ▼ € 7,405 |
| Equity | € -21,690 | € -70,786 | ▼ € 49,096 |
| Total debts | € 427,091 | € 644,500 | ▲ 51% |
| Cash | € 2,570 | € 13,694 | ▲ € 11,124 |
| Land & buildings | € 0 | € 19,200 | |
| Retained profit | € -41,690 | € -90,786 | ▼ € 49,095 |
| Balance sheet total | € 405,401 | € 573,715 | ▲ 42% |
Key figures of TB REAL ESTATE, fiscal years 2024 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 TB REAL ESTATE?
What happened at TB REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 49,096. filed late Source: NBB ↗
- New establishment in Gedinne. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,690 loss in 2024 to € 49,096 loss in 2025.
Management
Behind TB REAL ESTATE is Thomas BAIJOT. Thomas BAIJOT is also behind LTM GESTION, VALONIS, VALONIS Real Estate, DB Management and IMMO PRESTIGE ET PATRIMOINE.
Directors
According to the 2025 annual accounts
Thomas BAIJOT
Director
Also active at: LTM GESTION, VALONIS, VALONIS Real Estate, DB Management, IMMO PRESTIGE ET PATRIMOINE, BIOME PROJETS
Establishments
Establishment units
Physical locations of this company
Gribelle 2 box D
5575 Gedinne
Gribelle 2D
5575 Gedinne
Active since 21 April 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →IMMOBILIERE DE BOIS BORSU
€ 63,357 gross margin · 2025
Moulin de Boiron
€ -13,204 gross margin · 2025
LTM GESTION same network
€ 99,198 gross margin · 2025
VALONIS same network
€ 2.1 million gross margin · 2025
VALONIS Real Estate same network
€ 1.6 million gross margin · 2025
+6 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
- 0801.051.041
- VAT number
- BE 0801.051.041
- Registered office
- Gribelle 2 bus D, 5575 Gedinne
- Names & denominations
- TB REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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