What does T & L Projects do?

T & L Projects is a sports club in Geel. Private Limited, started on 19 September 2011, 1 establishment.

What is the address of T & L Projects?

The registered office of T & L Projects is located at Winkelom 83 box D3, 2440 Geel.

Is T & L Projects still active?

Yes. According to the CBE (29 October 2026) T & L Projects is active, legal situation “Normale toestand”, started on 19 September 2011.

Is T & L Projects registered on Peppol?

Yes, T & L Projects is registered on the Peppol network with ID 0208:0839510947.

What is the enterprise number of T & L Projects?

The enterprise number of T & L Projects is BE0839510947.

When was T & L Projects founded?

T & L Projects was founded on 19 September 2011.

Who are the directors of T & L Projects?

According to the 2025 annual accounts, the directors of T & L Projects are: Timothy Mathys.

Is T & L Projects a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 September 2011; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did T & L Projects make in 2025?

T & L Projects recorded a loss after taxes of € 143,289 in financial year 2025.

What is the revenue of T & L Projects?

As a small company, T & L Projects is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -31,985.

How much does an employee at T & L Projects earn?

The average wage cost per full-time employee at T & L Projects was € 70,100 in 2023: staff costs of € 154,141 for 2.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does T & L Projects have?

According to the 2025 annual accounts, T & L Projects has 0.6 full-time equivalents (FTE).

T & L Projects (Private Limited) - Geel - BE0839510947

Dossier T & L Projects, printed on 29 October 2026 from databakkes.be/en/0839510947/t-l-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Shrinking team NBB

FTE fell two years in a row, from 2.2 to 0.6.

Financials

Financial year 2025

T & L Projects from Geel, company number BE0839510947, closed financial year 2025 with a result of € -143,289 after tax. For that financial year T & L Projects recorded a gross margin of € -31,985 and equity of € -139,893. Compared with financial year 2024, the result moved from € -294,016 to € -143,289. 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 June 22, 2026.

What it is worth Caution

€ -139,893

▼ € 143,289 vs 2024

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

Loss Caution

€ -143,289

▲ 51 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 46,633

▼ 25% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -239,893.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 19,024

▼ 73% 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.

Vehicles and equipment

€ 48,633

▼ 61% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 150,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 88,954

▲ 3% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 271,760 Gross margin 2022: € 271,760 First fiscal year in the series	€ -19,630 Gross margin 2023: € -19,630 ▼ € 291,390 vs 2022 (€ 271,760) Unfavourable step	€ -117,873 Gross margin 2024: € -117,873 ▼ € 98,244 vs 2023 (€ -19,630) Unfavourable step	€ -31,985 Gross margin 2025: € -31,985 ▲ € 85,888 vs 2024 (€ -117,873) Favourable step	▲ € 85,888
Profit after taxes	€ 17,815 Profit after taxes 2022: € 17,815 First fiscal year in the series	€ -324,406 Profit after taxes 2023: € -324,406 ▼ € 342,221 vs 2022 (€ 17,815) Unfavourable step	€ -294,016 Profit after taxes 2024: € -294,016 ▲ € 30,390 vs 2023 (€ -324,406) Favourable step	€ -143,289 Profit after taxes 2025: € -143,289 ▲ € 150,727 vs 2024 (€ -294,016) Favourable step	▲ € 150,727
Equity	€ 621,819 Equity 2022: € 621,819 First fiscal year in the series	€ 297,413 Equity 2023: € 297,413 ▼ 52% vs 2022 (€ 621,819) Unfavourable step	€ 3,396 Equity 2024: € 3,396 ▼ 99% vs 2023 (€ 297,413) Unfavourable step	€ -139,893 Equity 2025: € -139,893 ▼ € 143,289 vs 2024 (€ 3,396) Unfavourable step	▼ € 143,289
Total debts	€ 104,420 Total debts 2022: € 104,420 First fiscal year in the series	€ 412,105 Total debts 2023: € 412,105 ▲ 295% vs 2022 (€ 104,420) Unfavourable step	€ 307,811 Total debts 2024: € 307,811 ▼ 25% vs 2023 (€ 412,105) Favourable step	€ 306,276 Total debts 2025: € 306,276 Unchanged (€ 307,811) Favourable step
Cash	€ 436,462 Cash 2022: € 436,462 First fiscal year in the series	€ 258,054 Cash 2023: € 258,054 ▼ 41% vs 2022 (€ 436,462) Unfavourable step	€ 61,961 Cash 2024: € 61,961 ▼ 76% vs 2023 (€ 258,054) Unfavourable step	€ 46,633 Cash 2025: € 46,633 ▼ 25% vs 2024 (€ 61,961) Unfavourable step	▼ 25%
Retained profit	€ 521,819 Retained profit 2022: € 521,819 First fiscal year in the series	€ 197,413 Retained profit 2023: € 197,413 ▼ 62% vs 2022 (€ 521,819) Unfavourable step	€ -96,604 Retained profit 2024: € -96,604 ▼ € 294,016 vs 2023 (€ 197,413) Unfavourable step	€ -239,893 Retained profit 2025: € -239,893 ▼ € 143,289 vs 2024 (€ -96,604) Unfavourable step	▼ € 143,289
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 200,000 Bank debt 2023: € 200,000 Unchanged (€ 0) Unfavourable step	€ 150,000 Bank debt 2024: € 150,000 ▼ 25% vs 2023 (€ 200,000) Favourable step	€ 150,000 Bank debt 2025: € 150,000 Unchanged (€ 150,000) Unchanged
Balance sheet total	€ 726,238 Balance sheet total 2022: € 726,238 First fiscal year in the series	€ 709,518 Balance sheet total 2023: € 709,518 ▼ 2% vs 2022 (€ 726,238) Unchanged	€ 311,207 Balance sheet total 2024: € 311,207 ▼ 56% vs 2023 (€ 709,518) Unchanged	€ 166,383 Balance sheet total 2025: € 166,383 ▼ 47% vs 2024 (€ 311,207) Unchanged	▼ 47%
Employees (FTE)	2.4 Employees (FTE) 2022: 2.4 First fiscal year in the series	2.2 Employees (FTE) 2023: 2.2 ▼ 0.2 vs 2022 (2.4) Unchanged	0.9 Employees (FTE) 2024: 0.9 ▼ 1.3 vs 2023 (2.2) Unchanged	0.6 Employees (FTE) 2025: 0.6 ▼ 0.3 vs 2024 (0.9) Unchanged	▼ 0.3

Key figures of T & L 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 T & L Projects?

What happened at T & L Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 22, 2026 New annual accounts for financial year 2025: loss of € 143,289. Source: NBB ↗
Sep 22, 2011 New establishment in Geel. KBO
2011 Timothy Mathys became a director. NBB
Sep 19, 2011 Start of the company according to the CBE. KBO

In short

From € 17,815 profit in 2022 to € 143,289 loss in 2025.

Paid € 5,282 in corporate taxes since 2022.

Best year ever: 2022, with € 17,815 profit.

On average € 113,200 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

Timothy Mathys

T & L Projects

Industrial Investment Partners 6-Standing

MTM

STANDING BUILDING GROUP

Behind T & L Projects is Timothy Mathys. Timothy Mathys is also behind Industrial Investment Partners 6-Standing, MTM and STANDING BUILDING GROUP.

Directors

According to the 2025 annual accounts

Timothy Mathys

Director

Also active at: Industrial Investment Partners 6-Standing, MTM, STANDING BUILDING GROUP

since 2011

Establishments

Establishment units

Physical locations of this company

Registered office

Winkelom 83 box D3

2440 Geel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

SERVICE CENTER JEAN LUYCKX

€ -18,461 gross margin · 2025

Standing Construct

€ 2.6 million gross margin · 2025

Industrial Investment Partners 6-Standing same network

Christ The Lord Gospel Church

MTM same network

€ 300,315 gross margin · 2025

+3 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

0839.510.947

VAT number

BE 0839.510.947

Registered office

Winkelom 83 bus D3, 2440 Geel

Names & denominations

T & L Projects

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 September 2011

Peppol

Active · Active since 9 Oct 2025

Activities · NACE

Activiteiten van overige sportclubs

Overige sportactiviteiten, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

T & L Projects

Warning lights

Financials

What happened to T & L Projects?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions