What does TL-PROJECT do?

TL-PROJECT is an electrical contractor in Balen. Private Limited, started on 30 August 2011, 1 establishment.

What is the address of TL-PROJECT?

The registered office of TL-PROJECT is located at Steegsebaan 181, 2490 Balen.

Is TL-PROJECT still active?

Yes. According to the CBE (29 October 2026) TL-PROJECT is active, legal situation “Normale toestand”, started on 30 August 2011.

Is TL-PROJECT registered on Peppol?

Yes, TL-PROJECT is registered on the Peppol network with ID 0208:0838900243.

What is the enterprise number of TL-PROJECT?

The enterprise number of TL-PROJECT is BE0838900243.

When was TL-PROJECT founded?

TL-PROJECT was founded on 30 August 2011.

Who are the directors of TL-PROJECT?

According to the 2025 annual accounts, the directors of TL-PROJECT are: Danny Naegels, Sandra Vaitkute.

Is TL-PROJECT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 August 2011; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did TL-PROJECT make in 2025?

TL-PROJECT posted a profit after taxes of € 33,411 in financial year 2025.

What is the revenue of TL-PROJECT?

As a small company, TL-PROJECT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 47,906.

TL-PROJECT (Private Limited) - Balen - BE0838900243

Dossier TL-PROJECT, printed on 29 October 2026 from databakkes.be/en/0838900243/tl-project. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TL-PROJECT from Balen, company number BE0838900243, closed financial year 2025 with a result of € 33,411 after tax. For that financial year TL-PROJECT recorded a gross margin of € 47,906 and equity of € 88,446. Compared with financial year 2024, the result moved from € 456 to € 33,411. 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 August 31, 2026.

What it is worth Growing

€ 88,446

▲ 61% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 33,411

▲ € 32,955 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,185

▲ 297% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 74,529.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 38,959

▲ 91% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 12,478

▲ € 9,722 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 18,774 Gross margin 2022: € 18,774 First fiscal year in the series	€ 7,279 Gross margin 2023: € 7,279 ▼ 61% vs 2022 (€ 18,774) Unfavourable step	€ 1,398 Gross margin 2024: € 1,398 ▼ 81% vs 2023 (€ 7,279) Unfavourable step	€ 47,906 Gross margin 2025: € 47,906 ▲ € 46,508 vs 2024 (€ 1,398) Favourable step	▲ € 46,508
Profit after taxes	€ 3,825 Profit after taxes 2022: € 3,825 First fiscal year in the series	€ 3,304 Profit after taxes 2023: € 3,304 ▼ 14% vs 2022 (€ 3,825) Unfavourable step	€ 456 Profit after taxes 2024: € 456 ▼ 86% vs 2023 (€ 3,304) Unfavourable step	€ 33,411 Profit after taxes 2025: € 33,411 ▲ € 32,955 vs 2024 (€ 456) Favourable step	▲ € 32,955
Equity	€ 51,275 Equity 2022: € 51,275 First fiscal year in the series	€ 54,580 Equity 2023: € 54,580 ▲ 6% vs 2022 (€ 51,275) Favourable step	€ 55,036 Equity 2024: € 55,036 ▲ 1% vs 2023 (€ 54,580) Favourable step	€ 88,446 Equity 2025: € 88,446 ▲ 61% vs 2024 (€ 55,036) Favourable step	▲ 61%
Total debts	€ 58,126 Total debts 2022: € 58,126 First fiscal year in the series	€ 28,306 Total debts 2023: € 28,306 ▼ 51% vs 2022 (€ 58,126) Favourable step	€ 39,650 Total debts 2024: € 39,650 ▲ 40% vs 2023 (€ 28,306) Unfavourable step	€ 63,937 Total debts 2025: € 63,937 ▲ 61% vs 2024 (€ 39,650) Unfavourable step	▲ 61%
Cash	€ 5,901 Cash 2022: € 5,901 First fiscal year in the series	€ 4,634 Cash 2023: € 4,634 ▼ 21% vs 2022 (€ 5,901) Unfavourable step	€ 2,313 Cash 2024: € 2,313 ▼ 50% vs 2023 (€ 4,634) Unfavourable step	€ 9,185 Cash 2025: € 9,185 ▲ 297% vs 2024 (€ 2,313) Favourable step	▲ 297%
Land & buildings	€ 2,756 Land & buildings 2022: € 2,756 First fiscal year in the series	€ 2,603 Land & buildings 2023: € 2,603 ▼ 6% vs 2022 (€ 2,756) Unchanged	€ 2,449 Land & buildings 2024: € 2,449 ▼ 6% vs 2023 (€ 2,603) Unchanged	€ 2,296 Land & buildings 2025: € 2,296 ▼ 6% vs 2024 (€ 2,449) Unchanged	▼ 6%
Retained profit	€ 37,359 Retained profit 2022: € 37,359 First fiscal year in the series	€ 40,663 Retained profit 2023: € 40,663 ▲ 9% vs 2022 (€ 37,359) Favourable step	€ 41,119 Retained profit 2024: € 41,119 ▲ 1% vs 2023 (€ 40,663) Favourable step	€ 74,529 Retained profit 2025: € 74,529 ▲ 81% vs 2024 (€ 41,119) Favourable step	▲ 81%
Balance sheet total	€ 109,401 Balance sheet total 2022: € 109,401 First fiscal year in the series	€ 82,885 Balance sheet total 2023: € 82,885 ▼ 24% vs 2022 (€ 109,401) Unchanged	€ 94,685 Balance sheet total 2024: € 94,685 ▲ 14% vs 2023 (€ 82,885) Unchanged	€ 152,383 Balance sheet total 2025: € 152,383 ▲ 61% vs 2024 (€ 94,685) Unchanged	▲ 61%

Key figures of TL-PROJECT, 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 TL-PROJECT?

What happened at TL-PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 33,411 (▲ € 32,955 vs 2024). filed late Source: NBB ↗
2024 Danny Naegels became a director. NBB
2022 Sandra Vaitkute became a director. NBB
Aug 30, 2011 New establishment in Balen. KBO
Aug 30, 2011 Start of the company according to the CBE. KBO

In short

From € 3,825 profit in 2022 to € 33,411 profit in 2025.

Paid € 15,391 in corporate taxes since 2022.

Best year ever: 2025, with € 33,411 profit.

Original PDFs at the National Bank ↗

Management

Danny Naegels Sandra Vaitkute

TL-PROJECT

Behind TL-PROJECT are Danny Naegels and Sandra Vaitkute.

Directors

According to the 2025 annual accounts

Danny Naegels

Director

since 2024

Sandra Vaitkute

Director

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Steegsebaan 181

2490 Balen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

DAY 2 DAY

€ 7,120 gross margin · 2025

Groep Naegels

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0838.900.243
VAT number: BE 0838.900.243
Registered office: Steegsebaan 181, 2490 Balen
Names & denominations: TL-PROJECT
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 30 August 2011
Peppol: Active · Active since 5 Oct 2025
Activities · NACE: Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗