T SAMMELTJE
InactiveOverview
Activity
Activity not known
Size
€180,281total assets 2024
- Equity
- €62,838
- Loss
- -€25,380
Turnover not published (micro format)
Financial health
Inactive: no score
Structure
- Parent
- Modus Vivendi Projects · 100%
- Modus Vivendi ProjectsDirector · permanent representative Michael GURICKX
2 of 3 deeds summarised
Signalsraises riskPersistent losses2024 accounts filed 46 days lateShow the evidence
Signals
Two signals.
raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€25,380
raises risk · 2024 accounts filed 46 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2024
46 days late
2023
113 days late
2022
21 days late
2021
29 days late
2020
30 days late
2019
26 days late
2018
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 34 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Restructuring · End & cessationMerger · Shareholding · Share…
- Annual accounts filedfinancial year 2024 · micro…
- RestructuringResignations: Eric MINNE (director) and…
Financials · financial year 2024, micro format
2024 annual accounts filed late (46 days) Filed on 15 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00490993.
Equity
€62,838▼ 28.8%
2023 · €88,218
Total assets
€180,281▼ 19.2%
2023 · €223,102
Net result
-€25,380▼ 2,114%
2023 · -€1,146
Working capital
-€25,319▼ 52.3%
2023 · -€16,621
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result turns negative in 2024: a loss of €23,094 after €2,716 in 2023, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€23,094
2024
Net result-€25,380
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€180,281
2024
Equity€62,838
2024
Debt€117,443
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€25,319
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€32,705-€18,493▼ 43.5%-€216-€92▲ 57.6%€12,624€2,716▼ 78.5%-€23,094
Net result€17,048-€7,596▼ 55.4%-€2,514-€2,235▲ 11.1%€7,096-€1,146-€25,380▼ 2,114%
Equity€79,421-€87,016▲ 9.6%€84,502▼ 2.9%€82,268▼ 2.6%€89,364▲ 8.6%€88,218▼ 1.3%€62,838▼ 28.8%
Total assets€337,373-€311,584▼ 7.6%€286,619▼ 8.0%€260,159▼ 9.2%€244,070▼ 6.2%€223,102▼ 8.6%€180,281▼ 19.2%
Debt€257,952-€224,567▼ 12.9%€202,117▼ 10.0%€177,891▼ 12.0%€154,706▼ 13.0%€134,884▼ 12.8%€117,443▼ 12.9%
Working capital-€57,114--€56,557▲ 1.0%€10,756-€1,144-€2,139▼ 87.0%-€16,621▼ 677%-€25,319▼ 52.3%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180,281
Fixed assets
€178,282 ▼ 9.7%
Current assets
€1,999 ▼ 92.2%
Equity and liabilities €180,281
Equity
€62,838 ▼ 28.8%
Debt
€117,443 ▼ 12.9%
Debt's share of the balance-sheet total rises from 60.5% to 65.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,923▼
2023 · €23,436
Cash flow
-€6,209▼
2023 · €19,573
Current ratio
0.07▼
2023 · 0.61
Debt to equity
1.87▲
2023 · 1.53
ROE
-40.4%▼
2023 · -1.3%
ROA
-14.1%▼
2023 · -0.5%
Interest coverage
-1.72▼
2023 · 6.07
Debt ≤ 1 year
€27,318▼
2023 · €42,269
Debt > 1 year
€90,125▲
2023 · €87,365
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €9 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,800 | €26,054 | €20,234 | €19,504 | €20,791 | €20,719 | €19,171 | ▼ 7.5% |
| Other operating charges640/8 | - | - | - | €2,291 | €2,292 | €2,759 | €2,157 | ▼ 21.8% |
| Gross operating margin9900 | €58,898 | €45,939 | €21,978 | €21,712 | €35,707 | €26,195 | -€1,766 | - |
| Operating profit (loss)9901 | €32,705 | €18,493 | -€216 | -€92 | €12,624 | €2,716 | -€23,094 | - |
| Financial income75/76B | - | - | - | €53 | €17 | €1 | €0 | ▼ 97.5% |
| Recurring financial income75 | €14 | €46 | €93 | €53 | €17 | €1 | €0 | ▼ 97.5% |
| Financial charges65/66B | - | - | - | €2,196 | €5,310 | €3,864 | €2,285 | ▼ 40.9% |
| Recurring financial charges65 | €8,997 | €7,855 | €2,390 | €2,196 | €5,310 | €3,864 | €2,285 | ▼ 40.9% |
| Profit (loss) for the period before taxes9903 | €23,722 | €10,684 | -€2,514 | -€2,235 | €7,331 | -€1,146 | -€25,380 | ▼ 2,114% |
| Income taxes67/77 | €6,674 | €3,089 | - | - | €235 | - | - | - |
| Profit (loss) for the period9904 | €17,048 | €7,596 | -€2,514 | -€2,235 | €7,096 | -€1,146 | -€25,380 | ▼ 2,114% |
| Profit (loss) for the period to be appropriated9905 | €17,048 | €7,596 | -€2,514 | -€2,235 | €7,096 | -€1,146 | -€25,380 | ▼ 2,114% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €337,373 | €311,584 | €286,619 | €260,159 | €244,070 | €223,102 | €180,281 | ▼ 19.2% |
| Fixed assets21/28 | €285,606 | €267,295 | €247,061 | €231,148 | €218,173 | €197,453 | €178,282 | ▼ 9.7% |
| Tangible fixed assets22/27 | €285,606 | €267,295 | €247,061 | €231,148 | €218,173 | €197,453 | €178,282 | ▼ 9.7% |
| Land and buildings22 | - | - | - | €221,706 | €209,185 | €191,658 | €175,238 | ▼ 8.6% |
| Plant, machinery and equipment23 | - | - | - | €9,442 | €8,987 | €5,796 | €3,044 | ▼ 47.5% |
| Current assets29/58 | €51,766 | €44,289 | €39,558 | €29,010 | €25,897 | €25,649 | €1,999 | ▼ 92.2% |
| Stocks and contracts in progress3 | €2,048 | €2,850 | €2,859 | €2,859 | €3,900 | €2,307 | - | - |
| Stocks30/36 | - | - | - | €2,859 | €3,900 | €2,307 | - | - |
| Amounts receivable within one year40/41 | €4,022 | €12,379 | €8,538 | €5,757 | €967 | €4,066 | €762 | ▼ 81.2% |
| Trade receivables40 | - | - | - | €2,375 | €865 | €4,066 | €762 | ▼ 81.2% |
| Other amounts receivable41 | - | - | - | €3,383 | €101 | - | - | - |
| Cash at bank and in hand54/58 | €45,554 | €28,091 | €25,924 | €18,870 | €20,268 | €19,276 | €1,134 | ▼ 94.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,524 | €762 | - | €103 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €337,373 | €311,584 | €286,619 | €260,159 | €244,070 | €223,102 | €180,281 | ▼ 19.2% |
| Equity10/15 | €79,421 | €87,016 | €84,502 | €82,268 | €89,364 | €88,218 | €62,838 | ▼ 28.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €60,821 | €68,416 | €68,416 | €68,416 | €70,764 | €70,764 | €70,764 | = |
| Non-distributable reserves130/1 | - | - | - | €1,818 | €1,818 | €1,818 | €1,818 | = |
| Reserves not available under the articles1311 | - | - | - | €1,818 | €1,818 | €1,818 | €1,818 | = |
| Distributable reserves133 | - | - | - | €66,598 | €68,946 | €68,946 | €68,946 | = |
| Profit (loss) carried forward14 | - | - | -€2,514 | -€4,749 | €0 | -€1,146 | -€26,526 | ▼ 2,214% |
| Amounts payable17/49 | €257,952 | €224,567 | €202,117 | €177,891 | €154,706 | €134,884 | €117,443 | ▼ 12.9% |
| Amounts payable after more than one year17 | €148,684 | €123,721 | €173,315 | €147,736 | €120,057 | €87,365 | €90,125 | ▲ 3.2% |
| Financial debts170/4 | - | - | - | €147,736 | €120,057 | €87,365 | €90,125 | ▲ 3.2% |
| Amounts payable within one year42/48 | €108,881 | €100,846 | €28,802 | €30,154 | €28,036 | €42,269 | €27,318 | ▼ 35.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €25,579 | €25,900 | €30,000 | €25,000 | ▼ 16.7% |
| Trade debts44 | €2,787 | €5,940 | €2,636 | €664 | €61 | €6,682 | €1,030 | ▼ 84.6% |
| Suppliers440/4 | - | - | - | €664 | €61 | €6,682 | €1,030 | ▼ 84.6% |
| Taxes, remuneration and social security45 | - | - | - | €3,912 | €2,075 | €5,587 | €1,288 | ▼ 77.0% |
| Taxes450/3 | - | - | - | €3,912 | €2,075 | €1,587 | €1,288 | ▼ 18.9% |
| Remuneration and social security454/9 | - | - | - | - | - | €4,000 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €6,613 | €5,250 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,048 | €7,596 | -€2,514 | -€2,235 | €7,096 | -€1,146 | -€25,380 | ▼ 2,114% |
| + Depreciation and write-downs630 | €24,800 | €26,054 | €20,234 | €19,504 | €20,791 | €20,719 | €19,171 | ▼ 7.5% |
| Operating cash flow (approximation) | €41,849 | €33,649 | €17,720 | €17,269 | €27,887 | €19,573 | -€6,209 | - |
| Investment in fixed assets (approximation) | - | -€7,742 | €0 | -€3,591 | -€7,815 | €0 | €0 | - |
| Change in cash | - | -€17,463 | -€2,168 | -€7,054 | €1,399 | -€993 | -€18,142 | ▼ 1,727% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 15-09-2025 | 2025-00490993 |
| 31-12-2023 | micro format | 21-11-2024 | 2024-00603931 |
| 31-12-2022 | micro format | 21-08-2023 | 2023-00342741 |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20396751 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-63800530 |
| 31-12-2019 | micro format | 26-08-2020 | 2020-45900092 |
| 31-12-2018 | micro format | 02-07-2019 | 2019-27800350 |
| 31-12-2017 | micro format | 29-06-2018 | 2018-26000566 |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-25500504 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2025
Board 1
Modus Vivendi Projects
CurrentDirector (not named in the articles) · since 05-01-2025 · Private limited company · permanent representative: Michael GURICKX
Permanent representatives 1
Michael GURICKX
CurrentPermanent representative · since 05-01-2025 · for Modus Vivendi Projects
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 3 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2025, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Modus Vivendi Projects |
|
| Eric MINNE |
|
| Isabelle NAVEAU |
|
Owners and capital
Owners
1 ownerChain of control
- Modus Vivendi Projects
- T SAMMELTJE
Highest known parent: Modus Vivendi Projects. The sources do not say who stands above it.
Owners 1
-
100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 29-12-2025 ↗
- MODUS VIVENDI PROJECTS (BE 0508.682.153) all shares
Stated in the act
act of 21-05-2025 ↗
- Modus Vivendi Projects (BE 0508.682.153) all shares · 100%
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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Acquisitions and mergers
1 transactionTaken over by:MODUS VIVENDI PROJECTS
History
Acts, filings and financial milestones
2025
29-12
Gazette deed
Restructuring · End & cessationMerger · Shareholding · Share cancellation19 facts ▸
Gazette deed
Restructuring · End & cessation
Merger · Shareholding · Share cancellation19 facts ▸
- General meeting, 12-11-2025 (2 times)
- Other provision, “KENNISNAME EN BESPREKING FUSIEVOORSTEL, none” (deed in Dutch)
- Merger, “met fusie door overneming gelijkgestelde verrichting, goedkeuring fusievoorstel en fusieverrichting” (deed in Dutch)
- Shareholding, MODUS VIVENDI PROJECTS
- Other provision, “geen nieuwe aandelen bij fusie, overnemende vennootschap houdster van alle aandelen” (deed in Dutch)
- Share cancellation, “intrekking en vernietiging, aandelenregister van de overgenomen vennootschap” (deed in Dutch)
- Accounting effect, 05-01-2025 (2 times)
- Real estate, “2a 30ca, Maldegem,Marktstraat 18” (deed in Dutch)
- Other provision, “activa- en passivabestanddelen met alle rechten en plichten, algemene voorwaarden van de overgang” (deed in Dutch)
- Other provision, “huurtoestand en dergelijke meer, kennis gebruik goed en ontslag vermelding” (deed in Dutch)
- Other provision, “vermogensovergang onder algemene titel-inhoud immaterieel, voormelde activa en passivabestanddelen” (deed in Dutch)
- Other provision, “vermogensovergang-lopende overeenkomsten,intellectuele eigendom en tegenwerpelijkheid, gaan onverkort over op overnemende vennootschap met alle rechten en plich…” (deed in Dutch)
- +7 further facts in this act
15-09
NBB filing
Annual accounts filed
financial year 2024 · micro format · 46 days late
21-05
Gazette deed
RestructuringResignations: Eric MINNE (director) and Isabelle NAVEAU (director) · Appointment: Modus Vivendi Projects (director) · Permanent representative: Michael GURICKX20 facts ▸
Gazette deed
Restructuring
Resignations: Eric MINNE (director) and Isabelle NAVEAU (director) · Appointment: Modus Vivendi Projects (director) · Permanent representative: Michael GURICKX20 facts ▸
- General meeting, 05-01-2025
- Director resignation, Eric MINNE (director (not named in the articles))
- Director discharge, Eric MINNE
- Director resignation, Isabelle NAVEAU (director (not named in the articles))
- Director discharge, Isabelle NAVEAU
- Director appointment, Modus Vivendi Projects (director (not named in the articles))
- Permanent representative, Michael GURICKX
- Registered-office move, 9990 Maldegem,Noordstraat 103
- Merger, “geruisloze fusie door overneming, horeca-activiteit stopgezet,geen bestaansreden separaat bestaan,onnodige kosten en lasten” (deed in Dutch)
- Shareholding, 04-04-2025, 100
- Accounting effect, 05-01-2025 (2 times)
- Registered office clause, “T SAMMELTJE” (deed in Dutch)
- +8 further facts in this act
2024
31-12
Financial
Weakest financial yearnet -€25,380
Net result drops to -€25,380, the lowest in the series.
21-11
NBB filing
Annual accounts filed
financial year 2023 · micro format · 113 days late
2023
21-08
NBB filing
Annual accounts filed
financial year 2022 · micro format · 21 days late
2022
31-12
Financial
Back to profitnet €7,096
Net result €7,096 after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 29 days late
2021
30-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 30 days late
2020
31-12
Financial
Liquidity more than triplescurrent ratio 1.37
Current ratio from 0.44 to 1.37; short-term debt falls from €100,846 to €28,802.
26-08
NBB filing
Annual accounts filed
financial year 2019 · micro format · 26 days late
2019
02-07
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
29-06
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
30-06
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.