T&TOpenbaar Pakhuis
ActiveSummary
T&TOpenbaar Pakhuis has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-801k) and a net result of €-267k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability30=
Solvency18▼-3
Growth37=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.72 in 2022; short-term debt: 98.1% and cash: 4.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-6.9%
Return on assets
-2.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
71 d early
2023
76 d early
2022
46 d early
2021
44 d early
2020
12 d late
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2024, abbreviated schema
Turnover
€3.22M▲ 3.9%
2018 · €3.10M
2018: €3.10M
2018 → 2019
EBIT margin
34.8%▼ 7.4pp
2018 · 42.3%
2018: 42.3%
2018 → 2019
Net result
€-267k▲ 16.6%
2022 · €-320k
2018: €845k
2019: €740k
2020: €18k
2021: €-753k
2022: €-320k
2018 → 2024
Working capital
€-9.88M▼ 436%
2022 · €-1.84M
2018: €3.82M
2019: €-870k
2020: €2.55M
2021: €-803k
2022: €-1.84M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Turnover€3.22M-
Equity€3.55M-€564k▼ 84.1%€-189k€-509k▼ 170%€-801k▼ 57.3%
Operating result€1.12M-€90k▼ 92.0%€-695k€-61k▲ 91.3%€181k
Net result€740k-€18k▼ 97.6%€-753k€-320k▲ 57.4%€-267k▲ 16.6%
Result per fiscal year
Operating resultNet result
The operating result is €181k in 2024, compared with €-61k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €11.60M
Fixed assets
€10.10M ▲ 31.7%
Current assets
€1.50M ▼ 67.8%
Key figures and ratios
EBITDA
€815k▲
2022 · €400k
Cash flow
€366k▲
2022 · €140k
Solvency
-6.9%▼
2022 · -4.1%
Current ratio
0.13▼
2022 · 0.72
Debt to equity
-15.39▲
2022 · -25.11
ROA
-2.3%▲
2022 · -2.6%
Interest coverage
1.71▲
2022 · 1.69
Debt
€12.32M▼
2022 · €12.78M
Debt ≤ 1 year
€11.38M▲
2022 · €6.52M
Debt > 1 year
€597k▼
2022 · €6.00M
Income taxes
€241▼
2022 · €103k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2022 · 55 lines
Balance sheet
Code20222024
Assets
Total assets20/58€12.34M€11.60M▼
Fixed assets21/28€7.67M€10.10M▲
Tangible fixed assets22/27€7.67M€10.10M▲
Land and buildings22€5.35M€7.93M▲
Plant, machinery and equipment23€394k€337k▼
Furniture and vehicles24€395-
Leasing and similar rights25€1.92M€1.83M▼
Current assets29/58€4.68M€1.50M▼
Amounts receivable within one year40/41€4.26M€996k▼
Trade receivables40€581k€996k▲
Other amounts receivable41€3.68M-
Cash at bank and in hand54/58€394k€481k▲
Deferred charges and accrued income490/1€27k€28k▲
Equity and liabilities
Total equity and liabilities10/49€12.34M€11.60M▼
Equity10/15€-509k€-801k▼
Contributions10/11€322k€322k=
Capital10€322k€322k=
Issued capital100€322k€322k=
Reserves13€32k€32k=
Non-distributable reserves130/1€32k€32k=
Legal reserve130€32k€32k=
Profit (loss) carried forward14€-863k€-1.15M▼
Provisions and deferred taxes16€69k€82k▲
Provisions for liabilities and charges160/5€69k€82k▲
Other liabilities and charges164/5€69k€82k▲
Amounts payable17/49€12.78M€12.32M▼
Amounts payable after more than one year17€6.00M€597k▼
Financial debts170/4€6.00M-
Other amounts payable178/9-€597k
Amounts payable within one year42/48€6.52M€11.38M▲
Current portion of amounts payable after more than one year42-€6.00M
Trade debts44€2.26M€1.91M▼
Suppliers440/4€2.26M€1.91M▼
Taxes, remuneration and social security45€124k€36k▼
Taxes450/3€124k€36k▼
Other amounts payable47/48€4.14M€3.43M▼
Accrued charges and deferred income492/3€265k€339k▲
Income statement
Code20222024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€461k€633k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€204k
Provisions for liabilities and charges: additions (uses and reversals)635/8€6k€6k=
Other operating charges640/8€82k€1.08M▲
Non-recurring operating charges66A€0-
Gross operating margin9900€488k€2.11M▲
Operating profit (loss)9901€-61k€181k▲
Financial income75/76B€80k€28k▼
Recurring financial income75€80k€28k▼
Financial charges65/66B€237k€477k▲
Recurring financial charges65€237k€477k▲
Profit (loss) for the period before taxes9903€-217k€-267k▼
Income taxes67/77€103k€241▼
Profit (loss) for the period9904€-320k€-267k▲
Profit (loss) for the period to be appropriated9905€-320k€-267k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-863k€-1.15M▼
Profit (loss) brought forward from the previous period14P€-543k€-887k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-753k ▼4260%
Net result drops to €-753k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 2.92
Current ratio from 0.86 to 2.92; short-term debt falls from €6.36M to €1.33M.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
24 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Picardstraat 111000 BrusselGround area
4.4 ha
Building footprint
3.9 ha
Volume, LiDAR
615,702 m³
Parcel 21814P0441/00B000, Brussels · tallest building 34.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
T&T Openbaar Pakhuis
since 20042.135.762.133
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0441/00B000 | Brussels | 4.4 ha | 1 · 3.9 ha | 34.0 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
529900PRK4IZ9REK0T84
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ONYX INVEST
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JOS
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TILKIN INVEST
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Bilzen-Hoeselt · Eq €565,084
Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,615 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-01-2004
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.