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 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
TUBES PROJECT from Frameries, company number BE0881255688, closed financial year 2023 with a result of € 12,905 after tax. For that financial year TUBES PROJECT recorded a gross margin of € 157,783 and equity of € -42,419. Compared with financial year 2022, the result moved from € 16,392 to € 12,905. The company is profitable. 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 30, 2024.
€ -42,419
▲ € 12,905 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,905
▼ 21% vs 2022
Profit after tax over the fiscal year.
€ 2,683
▼ 26% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -48,669.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 134,452
▲ 9% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,500
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 38,966
▲ 64% vs 2022
Loans from banks and other lenders, long and short.
€ 10,129
▼ 52% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 65,239
▼ 19% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 179,620 | € 147,861 | € 157,783 | ▲ 7% |
| Profit after taxes | € -32,618 | € 16,392 | € 12,905 | ▼ 21% |
| Equity | € -71,716 | € -55,324 | € -42,419 | ▲ € 12,905 |
| Total debts | € 127,423 | € 124,949 | € 114,334 | ▼ 8% |
| Cash | - | € 3,625 | € 2,683 | ▼ 26% |
| Retained profit | € -77,966 | € -61,574 | € -48,669 | ▲ € 12,905 |
| Bank debt | € 1,667 | € 23,775 | € 38,966 | ▲ 64% |
| Balance sheet total | € 55,707 | € 69,625 | € 71,916 | ▲ 3% |
Key figures of TUBES PROJECT, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to TUBES PROJECT?
What happened at TUBES PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TUBES PROJECT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 12,905 (▼ 21% vs 2022). filed late Source: NBB ↗
- New establishment in Frameries. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,618 loss in 2021 to € 12,905 profit in 2023.
Paid € 1,964 in corporate taxes since 2021.
Best year ever: 2022, with € 16,392 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TUBES PROJECT is Aldo Giancaterini.
Directors
According to the 2023 annual accounts
Aldo Giancaterini
Director
Establishments
Establishment units
Physical locations of this company
Rue Ovide Dieu 98
7080 Frameries
Rue Ovide Dieu 5 box B
7080 Frameries
Active since 14 June 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0881.255.688
- VAT number
- BE 0881.255.688
- Registered office
- Rue Ovide Dieu 98, 7080 Frameries
- Names & denominations
- TUBES PROJECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 11 May 2006
- Peppol
- Not registered
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