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T & B Development

Active Private limited companyfounded 1999active for 26 yearsWinkelomseheide 123, 2440 GeelKBO/BCE: BE 0468.800.208

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €458,742 (2019)
€58,272▼ 58.5%
lowest -€17,889 (2025)
-€17,889▼ €1,027
peak €982,598 (2023)
€947,846▼ 1.9%
€2.0m▼ 13.8%
Board2 names since 2019
1 director
Documentsfilings and deeds
27-06-202634 days before the deadline
2025micro format
Gross margin from €140,414 to €58,272Loss of €17,889Investments €241,249Cash from €118,395 to €1,264

Key points

from the 2025 annual accounts

Losses

-€34,752 in two years
-16,8622024-17,8892025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Turnover

≈ €150,000 estimated

The accounts state no turnover.

Investments

€241,249 9.8 × depreciation
20222025

Green is investment, beige is depreciation. Land and buildings stand 39.8% higher than in 2024.

Liquidity

10.50 was 4.66 in 2024

Short-term debts fell from €579,137 to €204,771.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 25 to 55 days before the end of the period.

Position in the sector

€947,846

More equity than 89% of companies in real estate. Sector median €86,489 · 19,823 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 8,609 companies had the same profile as T & B Development has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 8,609 companies, not a prediction for T & B Development. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • all the sharesdeed of 16-04-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0468800208
Change of role: , from manager to director Legal-form conversion: from private limited company (pre-2019) to private limited company · Registered office clause: Winkelomseheide 123, 2440 Geel · Director discharge: · Gazette deed
Resignations & appointments Appointment: (successor manager) · holds all the shares · General meeting of 01-03-2019 · Gazette deed
First establishment T&B Development, Winkelomseheide 123, Geel
All 44 events

Comparable companies

same main activity, similar in size and age
Company
T & B Development Geel €2.9m €58,272 32.6% -
SCAPULIER Dessel €3.4m €53,628 92.5% -
VERSA Brecht €2.4m €50,421 83.8% -
L&P Construct Tessenderlo-Ham €3.0m €82,191 5.2% -
TRIBA Bruges €2.6m €65,608 46.1% -
MANIMMO Boortmeerbeek €2.6m €88,282 74.2% -
SUNYATA Ecaussinnes €2.5m €68,307 -3.3% -

These companies have the same main activity as T & B Development: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2.4m and €3.4m, founded between 1996 and 2002.

Official details

Source: KBO
Status
Active since 27-12-1999Normal situation
Activity
Development of residential building projectsNACE 68121and 1 other
Establishment unit
2.099.473.0472440 Geel, since 29-03-2000
Financial year end
31 December
Peppol
Reachable since 15-01-2026
Company details

Annual accounts 2025

€2.9m▼ 10.2%
Filing
Filed on 27-06-2026, 34 days before the end of the filing period
Financials

Insights on T & B Development

T & B Development files the micro format. That format states no turnover. The gross margin rose from -€2,490 in 2006 to €58,272 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about T & B Development

What is the company number of T & B Development?
The company number of T & B Development is 0468.800.208. The VAT number is the same number with BE in front: BE 0468.800.208.
Where is T & B Development based?
The registered office is at Winkelomseheide 123, 2440 Geel.Company details
What does T & B Development do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of T & B Development?
T & B Development is a private limited company (BV).
When was T & B Development founded?
T & B Development was founded on 27-12-1999.
Is T & B Development still active?
Yes, T & B Development is an active enterprise in the KBO register.
What is the turnover of T & B Development?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €58,272 and 48 comparable companies (NACE 681). It probably lies between €79,000 and €360,000.Financials
Is T & B Development profitable?
In financial year 2025, T & B Development made a loss of €17,889.
Where can I find the annual accounts of T & B Development?
T & B Development filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of T & B Development due?
T & B Development must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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