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 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TF-Projects from Heist-op-den-Berg, company number BE0801486254, closed financial year 2025 with a result of € 40,760 after tax. For that financial year TF-Projects recorded a gross margin of € 68,142 and equity of € -9,381. Compared with financial year 2024, the result moved from € -50,936 to € 40,760. Profitable, and profit is growing. 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 28, 2026.
€ -9,381
▲ € 40,760 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,760
▲ still € 50,936 loss in 2024
Profit after tax over the fiscal year.
€ 3,701
▲ 119% 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 € -12,381.
Debts at end 2025
€ 864,000
▲ 284% vs 2024
Loans from banks and other lenders, long and short.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -968 | € -48,952 | € 68,142 | ▲ € 117,095 |
| Profit after taxes | € -2,206 | € -50,936 | € 40,760 | ▲ € 91,696 |
| Equity | € 794 | € -50,142 | € -9,381 | ▲ € 40,760 |
| Total debts | € 0 | € 298,217 | € 987,803 | ▲ 231% |
| Cash | € 26 | € 1,690 | € 3,701 | ▲ 119% |
| Retained profit | € -2,206 | € -53,142 | € -12,381 | ▲ € 40,760 |
| Bank debt | € 0 | € 225,113 | € 864,000 | ▲ 284% |
| Balance sheet total | € 794 | € 248,075 | € 978,422 | ▲ 294% |
Key figures of TF-Projects, fiscal years 2023 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 TF-Projects?
What happened at TF-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 € 40,760. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Heist-op-den-Berg. KBO
In short
From € 2,206 loss in 2023 to € 40,760 profit in 2025.
Best year ever: 2025, with € 40,760 profit.
Management
Behind TF-Projects is Toon Laeremans. Toon Laeremans is also behind HoLa, VERDI, Laeremans Toon, T-STEEL and BAAR.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Mechelbaan 83
2220 Heist-op-den-Berg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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 ↗- Laeremans Toon(oprichter) 50%
- De Ryck Femke(oprichter) 50%
Details
- Company number
- 0801.486.254
- VAT number
- BE 0801.486.254
- Registered office
- Mechelbaan 83, 2220 Heist-op-den-Berg
- Names & denominations
- TF-Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Ontwikkeling van niet-residentiële bouwprojecten
Algemene bouw van residentiële gebouwen
Ontwikkeling van residentiële bouwprojecten