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Tplus

Active
Private limited companyfounded 20179 yrs activeWatermolenweg 4, 3950 Bocholt, BelgiumKBO/BCE: BE 0669.918.028
Summary

For Tplus, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €334,154 and a net result of €7,938. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 19375 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability65▼-5
Solvency48▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
23.1%
Return on assets
0.5%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 240 days later.
NBB · 8 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 28-02-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
28 d late
2023
29 d late
2022
on the day
2021
on the day
2020
1 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Tplus was incorporated on 24 January 2017.1 Total assets fell from EUR 1.9 million in 2019 to EUR 1.4 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€334,154▲ 2.4%
2023 · €326,216
Total assets
€1.4m▼ 7.9%
2023 · €1.6m
Net result
€7,938▼ 63.4%
2023 · €21,718
Working capital
-€81,269▲ 2.3%
2023 · -€83,219
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€68,872▼ 42.9%€76,863▲ 11.6%€64,817▼ 15.7%€51,032▼ 21.3%€36,419▼ 28.6%
Net result€43,980above the sector's middle half▼ 59.5%€40,977above the sector's middle half▼ 6.8%€30,599within the sector's middle half▼ 25.3%€21,718within the sector's middle half▼ 29.0%€7,938within the sector's middle half▼ 63.4%
Equity€232,922within the sector's middle half▲ 23.3%€273,899within the sector's middle half▲ 17.6%€304,498within the sector's middle half▲ 11.2%€326,216above the sector's middle half▲ 7.1%€334,154above the sector's middle half▲ 2.4%
Total assets€2.0mabove the sector's middle half▲ 5.1%€1.8mabove the sector's middle half▼ 11.1%€1.7mabove the sector's middle half▼ 7.5%€1.6mabove the sector's middle half▼ 5.3%€1.4mabove the sector's middle half▼ 7.9%
Debt€1.8m▲ 3.1%€1.5m▼ 14.9%€1.4m▼ 10.9%€1.2m▼ 8.1%€1.1m▼ 10.7%
Working capital€42,143within the sector's middle half▼ 66.4%€8,490within the sector's middle half▼ 79.9%-€8,359within the sector's middle half-€83,219below the sector's middle half▼ 896%-€81,269below the sector's middle half▲ 2.3%
Solvency11.5%within the sector's middle half▲ 1.7pp15.2%within the sector's middle half▲ 3.7pp18.3%within the sector's middle half▲ 3.1pp20.7%within the sector's middle half▲ 2.4pp23.1%within the sector's middle half▲ 2.3pp
Current ratio1.12within the sector's middle half▼ 0.431.04within the sector's middle half▼ 0.080.95within the sector's middle half▼ 0.100.61within the sector's middle half▼ 0.340.48within the sector's middle half▼ 0.13
Return on assets (ROA)2.2%within the sector's middle half▼ 3.5pp2.3%within the sector's middle half▲ 0.1pp1.8%within the sector's middle half▼ 0.4pp1.4%within the sector's middle half▼ 0.5pp0.5%within the sector's middle half▼ 0.8pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2020: €68,872€68,872Net result 2020: €43,980€43,980Operating result 2021: €76,863€76,863Net result 2021: €40,977€40,977Operating result 2022: €64,817€64,817Net result 2022: €30,599€30,599Operating result 2023: €51,032€51,032Net result 2023: €21,718€21,718Operating result 2024: €36,419€36,419Net result 2024: €7,938€7,93820202021202220232024€0€20,000€40,000€60,000Operating result 2022: €64,817€64,800Net result 2022: €30,599€30,600Operating result 2023: €51,032€51,000Net result 2023: €21,718€21,700Operating result 2024: €36,419€36,400Net result 2024: €7,938€7,940202220232024
The operating result has fallen three years in a row; 2024 is 29% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets €1.4m ▼ 4.9%
Current assets €75,080 ▼ 41.9%
Equity and liabilities €1.4m
Equity €334,154 ▲ 2.4%
Debt €1.1m ▼ 10.7%
Debt's share of the balance-sheet total falls from 79.3% to 76.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€107,179▼
2023 · €122,135
Cash flow
€78,698▼
2023 · €92,820
Debt to equity
3.33▼
2023 · 3.82
ROE
2.4%▼
2023 · 6.7%
Interest coverage
5.42▼
2023 · 6.12
Debt ≤ 1 year
€156,350▼
2023 · €212,350
Debt > 1 year
€950,971▼
2023 · €1.0m
Income taxes
€8,710▼
2023 · €9,346
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.6m€1.4m▼
Fixed assets21/28€1.4m€1.4m▼
Tangible fixed assets22/27€1.4m€1.4m▼
Land and buildings22€1.4m€1.3m▼
Plant, machinery and equipment23€29,070€23,035▼
Current assets29/58€129,131€75,080▼
Amounts receivable within one year40/41€97,726€34,811▼
Trade receivables40€97,726€29,846▼
Other amounts receivable41-€4,966
Cash at bank and in hand54/58€31,406€40,269▲
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.4m▼
Equity10/15€326,216€334,154▲
Contributions10/11€18,600€18,600=
Reserves13€307,616€315,554▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€305,756€313,694▲
Amounts payable17/49€1.2m€1.1m▼
Amounts payable after more than one year17€1.0m€950,971▼
Financial debts170/4€1.0m€950,971▼
Amounts payable within one year42/48€212,350€156,350▼
Current portion of amounts payable after more than one year42€175,402€122,349▼
Trade debts44€10,371-
Suppliers440/4€10,371-
Taxes, remuneration and social security45€25,412€29,036▲
Taxes450/3€25,412€29,036▲
Other amounts payable47/48€1,164€4,965▲
Accrued charges and deferred income492/3€6,053€6,053=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71,102€70,760▼
Other operating charges640/8€7,469€9,280▲
Gross operating margin9900€129,604€116,459▼
Operating profit (loss)9901€51,032€36,419▼
Financial charges65/66B€19,969€19,771▼
Recurring financial charges65€19,969€19,771▼
Profit (loss) for the period before taxes9903€31,064€16,648▼
Income taxes67/77€9,346€8,710▼
Profit (loss) for the period9904€21,718€7,938▼
Profit (loss) for the period to be appropriated9905€21,718€7,938▼
Appropriation of the result
Profit (loss) to be appropriated9906€21,718€7,938▼
Transfer to equity691/2€21,718€7,938▼
To other reserves6921€21,718€7,938▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68,983€73,565€71,573€71,102€70,760▼ 0.5%
Other operating charges640/8--€7,127€7,469€9,280▲ 24.2%
Gross operating margin9900€138,841€153,429€143,517€129,604€116,459▼ 10.1%
Operating profit (loss)9901€68,872€76,863€64,817€51,032€36,419▼ 28.6%
Recurring financial income75€4,550-----
Financial charges65/66B--€21,636€19,969€19,771▼ 1.0%
Recurring financial charges65€25,044€23,461€21,636€19,969€19,771▼ 1.0%
Profit (loss) for the period before taxes9903€48,378€53,432€43,181€31,064€16,648▼ 46.4%
Income taxes67/77€4,398€12,455€12,582€9,346€8,710▼ 6.8%
Profit (loss) for the period9904€43,980€40,977€30,599€21,718€7,938▼ 63.4%
Profit (loss) for the period to be appropriated9905€43,980€40,977€30,599€21,718€7,938▼ 63.4%
Line20202021202220232024Change
Assets
Total assets20/58€2.0m€1.8m€1.7m€1.6m€1.4m▼ 7.9%
Fixed assets21/28€1.6m€1.6m€1.5m€1.4m€1.4m▼ 4.9%
Tangible fixed assets22/27€1.6m€1.6m€1.5m€1.4m€1.4m▼ 4.9%
Land and buildings22--€1.5m€1.4m€1.3m▼ 4.6%
Plant, machinery and equipment23--€35,448€29,070€23,035▼ 20.8%
Current assets29/58€389,375€210,371€146,556€129,131€75,080▼ 41.9%
Amounts receivable within one year40/41€325,500€189,446€130,606€97,726€34,811▼ 64.4%
Trade receivables40--€130,606€97,726€29,846▼ 69.5%
Other amounts receivable41----€4,966-
Cash at bank and in hand54/58€33,875€20,925€15,950€31,406€40,269▲ 28.2%
Equity and liabilities
Total equity and liabilities10/49€2.0m€1.8m€1.7m€1.6m€1.4m▼ 7.9%
Equity10/15€232,922€273,899€304,498€326,216€334,154▲ 2.4%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€214,322€255,299€285,898€307,616€315,554▲ 2.6%
Non-distributable reserves130/1--€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860=
Distributable reserves133--€284,038€305,756€313,694▲ 2.6%
Amounts payable17/49€1.8m€1.5m€1.4m€1.2m€1.1m▼ 10.7%
Amounts payable after more than one year17€1.4m€1.3m€1.2m€1.0m€950,971▼ 7.5%
Financial debts170/4--€1.2m€1.0m€950,971▼ 7.5%
Amounts payable within one year42/48€347,232€201,881€154,915€212,350€156,350▼ 26.4%
Current portion of amounts payable after more than one year42--€120,744€175,402€122,349▼ 30.2%
Trade debts44€213,556€68,117€11,763€10,371--
Suppliers440/4--€11,763€10,371--
Taxes, remuneration and social security45--€21,243€25,412€29,036▲ 14.3%
Taxes450/3--€17,743€25,412€29,036▲ 14.3%
Remuneration and social security454/9--€3,500---
Other amounts payable47/48--€1,164€1,164€4,965▲ 326%
Accrued charges and deferred income492/3--€53€6,053€6,053=
Line20202021202220232024Change
Profit (loss) for the period9904€43,980€40,977€30,599€21,718€7,938▼ 63.4%
+ Depreciation and write-downs630€68,983€73,565€71,573€71,102€70,760▼ 0.5%
Operating cash flow (approximation)€112,962€114,542€102,172€92,820€78,698▼ 15.2%
Investment in fixed assets (approximation)--€27,897€0€0€0-
Change in cash--€12,949-€4,975€15,455€8,863▼ 42.7%

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

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Timeline · acts, filings and financial milestones

2025
28-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-06
Financial Weakest financial yearnet €7,938 ▼63.4%
Net result drops to €7,938, the lowest in the series.
29-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Equity above €200,000Eq €232,922 ▲23.3%
2 profitable years in a row build equity to €232,922.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Bocholt · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,490 m²
Building footprint
232 m²
Volume, LiDAR
1,363 m³
Parcel 72003B0775/00C000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Watermolenweg 4, 3950 Bocholt
Manufacture of chemicals and chemical products
since 20172.262.279.926
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72003B0775/00C000 Flanders 1,490 m² 1 · 232 m² 9.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 3,270 EUR awarded · 3,270 EUR paid
Year Entries awardedpaid
2022 1 3,270 EUR3,270 EUR
Schemes
1 entry · 3,270 EUR · 3,270 EUR paid · Vlaams Energie- en Klimaatagentschap

Similar companies · same sector, comparable size

Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. 5,010 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-01-2017
Fiscal year end30-06
Abbreviation NL T+
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
41002Construction of residential and non-residential buildings
46140Agents in the wholesale of industrial machinery, ships and aircraft
49410Freight transport by road
77394Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0669918028
Also 9925:BE0669918028
Registered 20-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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