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T.VDB Projects

Active
Private limited companyfounded 2024active for 1 yearA. Vaucampslaan 157, 1654 Beersel, BelgiumKBO/BCE: BE 1015.796.074
Summary

T.VDB Projects has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,087 and a net result of €37,087. Its solvency ranks better than 78% of 17,057 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €110,000
Estimated: probably between €69,000 and €140,000
Total assets
€59,031
Net result
€37,087
Working capital
€20,884

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €59,031
Fixed assets €19,204
Current assets €39,828
Equity and liabilities €59,031
Equity €40,087
Debt €18,944
Debt finances 32.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€50,773
Cash flow
€40,708
Current ratio
2.10
Debt to equity
0.47
ROE
92.5%
ROA
62.8%
Interest coverage
over 100
Debt ≤ 1 year
€18,944
Income taxes
€10,016

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€59,031
Fixed assets21/28€19,204
Tangible fixed assets22/27€19,204
Plant, machinery and equipment23€385
Furniture and vehicles24€7,768
Other tangible fixed assets26€11,050
Current assets29/58€39,828
Amounts receivable within one year40/41€6,420
Trade receivables40€6,420
Cash at bank and in hand54/58€32,043
Deferred charges and accrued income490/1€1,364
Equity and liabilities
Total equity and liabilities10/49€59,031
Equity10/15€40,087
Contributions10/11€3,000
Profit (loss) carried forward14€37,087
Amounts payable17/49€18,944
Amounts payable within one year42/48€18,944
Trade debts44€1,700
Suppliers440/4€1,700
Taxes, remuneration and social security45€16,938
Taxes450/3€14,978
Remuneration and social security454/9€1,960
Other amounts payable47/48€306
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,620
Other operating charges640/8€1,390
Gross operating margin9900€52,163
Operating profit (loss)9901€47,152
Financial charges65/66B€49
Recurring financial charges65€49
Profit (loss) for the period before taxes9903€47,104
Income taxes67/77€10,016
Profit (loss) for the period9904€37,087
Profit (loss) for the period to be appropriated9905€37,087
Appropriation of the result
Profit (loss) to be appropriated9906€37,087

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,620
Other operating charges640/8€1,390
Gross operating margin9900€52,163
Operating profit (loss)9901€47,152
Financial charges65/66B€49
Recurring financial charges65€49
Profit (loss) for the period before taxes9903€47,104
Income taxes67/77€10,016
Profit (loss) for the period9904€37,087
Profit (loss) for the period to be appropriated9905€37,087
Line2025
Assets
Total assets20/58€59,031
Fixed assets21/28€19,204
Tangible fixed assets22/27€19,204
Plant, machinery and equipment23€385
Furniture and vehicles24€7,768
Other tangible fixed assets26€11,050
Current assets29/58€39,828
Amounts receivable within one year40/41€6,420
Trade receivables40€6,420
Cash at bank and in hand54/58€32,043
Deferred charges and accrued income490/1€1,364
Equity and liabilities
Total equity and liabilities10/49€59,031
Equity10/15€40,087
Contributions10/11€3,000
Profit (loss) carried forward14€37,087
Amounts payable17/49€18,944
Amounts payable within one year42/48€18,944
Trade debts44€1,700
Suppliers440/4€1,700
Taxes, remuneration and social security45€16,938
Taxes450/3€14,978
Remuneration and social security454/9€1,960
Other amounts payable47/48€306
Line2025
Profit (loss) for the period9904€37,087
+ Depreciation and write-downs630€3,620
Operating cash flow (approximation)€40,708

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 22-06-2026 2026-00185938

Similar companies · same sector, comparable size

Of the 11,695 active companies whose main activity is real estate agency activities (NACE 68310), figures are known for 7,039. 4,796 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.