ACTIVE

T&W Projects

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Financial year 2025 · closed on 31/12/2025

Net result

14 k €

-95.6% YoY

Gross margin

5,9 k €

-98.7% YoY

Equity

523,5 k €

+2.7% YoY

What does T&W Projects do?

T&W Projects is a Public limited company incorporated in 1997. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Retie.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0461.825.413

Incorporation

03/11/1997

Legal form

Public limited company

Registered office

Markt 12 box 101
2470 Retie · FlandreSee on map

Contributed capital

61 973,39 €

Latest accounts

31/12/2025

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 74142Specialised design activities 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	5,9 k €	-98.7%	468,8 k €	+24.4%	376,8 k €	+830%	-51,6 k €	-247%	35 k €	+81.6%	19,3 k €	+35.4%	14,3 k €	-8.6%	15,6 k €	+62.4%	9,6 k €	-34.5%	14,7 k €	-16.0%	17,4 k €	-24.9%	23,2 k €	-8.1%	25,2 k €	+0.2%	25,2 k €	-5.5%	26,7 k €	-1.5%	27,1 k €	-21.4%	34,4 k €	-8.6%	37,7 k €
EBITDA	5,4 k €	-98.9%	468,3 k €	+27.0%	368,8 k €	+694%	-62,1 k €	-280%	34,6 k €	+82.5%	18,9 k €	+37.2%	13,8 k €	+6.0%	13 k €	+90.5%	6,8 k €	-21.2%	8,7 k €	-36.9%	13,8 k €	-33.7%	20,7 k €	-8.8%	22,7 k €	+3.2%	22 k €	-10.6%	24,6 k €	-1.9%	25,1 k €	-20.2%	31,5 k €	-10.7%	35,3 k €
Operating result	5,4 k €	-98.9%	468,3 k €	+58.8%	294,8 k €	+568%	-63 k €	-285%	34 k €	+313%	8,2 k €	+172%	3 k €	+34.6%	2,3 k €	+161%	-3,7 k €	-97.8%	-1,9 k €	-162%	3 k €	-69.7%	10 k €	-16.7%	12 k €	+6.3%	11,3 k €	-18.8%	13,9 k €	-3.2%	14,4 k €	-30.7%	20,8 k €	-16.3%	24,8 k €
Net result	14 k €	-95.6%	317 k €	+45.1%	218,4 k €	+264%	-132,8 k €	-637%	24,8 k €	+932%	2,4 k €	-20.3%	3 k €	+45.2%	2,1 k €	+155%	-3,8 k €	-6.3%	-3,6 k €	-4406%	82,9 €	-78.1%	378 €	-92.1%	4,8 k €	+60.9%	3 k €	-36.7%	4,7 k €	+53.0%	3,1 k €	-57.7%	7,2 k €	-5.5%	7,6 k €
Balance sheet
Equity	523,5 k €	+2.7%	509,5 k €	+165%	192,5 k €	+842%	-25,9 k €	-124%	106,9 k €	+30.1%	82,2 k €	+3.0%	79,8 k €	+3.9%	76,7 k €	-6.8%	82,4 k €	-4.4%	86,2 k €	-4.0%	89,7 k €	+0.1%	89,6 k €	+0.4%	89,3 k €	+5.6%	84,5 k €	+3.6%	81,6 k €	+6.1%	76,9 k €	+4.1%	73,8 k €	+10.8%	66,6 k €
Total assets	755,1 k €	-6.6%	808,8 k €	+143%	332,7 k €	+83.4%	181,4 k €	+12.1%	161,8 k €	+0.1%	161,6 k €	-8.2%	175,9 k €	-5.9%	187 k €	-17.1%	225,5 k €	-10.8%	252,8 k €	+59.9%	158,1 k €	-18.0%	192,7 k €	-11.3%	217,3 k €	-6.8%	233,1 k €	-7.5%	252 k €	-0.2%	252,4 k €	-7.4%	272,5 k €	-1.4%	276,3 k €
Cash	23,1 k €	+169%	8,6 k €	-82.9%	50,2 k €	+3289%	1,5 k €	+738%	177 €	+666%	23,1 €	-99.3%	3,3 k €	-8.3%	3,6 k €	-51.4%	7,5 k €	-92.7%	102,2 k €	+17864%	569,1 €	-72.7%	2,1 k €	+377%	438 €	-71.3%	1,5 k €	-42.2%	2,6 k €	+508%	433,9 €	+219%	136,2 €	0.0%	136,2 €
Debts	231,6 k €	-22.3%	298,3 k €	+115%	139 k €	-32.5%	206 k €	+276%	54,8 k €	-31.0%	79,4 k €	-17.4%	96,2 k €	-12.8%	110,3 k €	-23.0%	143,2 k €	-14.1%	166,6 k €	+144%	68,4 k €	-33.7%	103,1 k €	-19.5%	128,1 k €	-13.8%	148,6 k €	-12.8%	170,4 k €	-2.9%	175,6 k €	-11.7%	198,7 k €	-5.2%	209,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Tavi Tielen

Director · since 24 décembre 2021 · until 20 juin 2027

Active

Wim Gijs

Director · since 24 décembre 2021 · until 20 juin 2027

Active

Ended mandates

Peter Vanhoof

Managing director · since 23 novembre 1997

Ended

Bvba PVM

Director

Ended

Maarten Vanhoof

Director

Ended

Peter Vanhoof

Director

Ended

At this address

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Apart Bouw● Active	0840.736.612
APART CONSULTING● Active	0809.215.372
Best Flats● Active	0651.626.006
KOT 2020● Active	0648.677.701
T&W Vastgoed● Active	0452.667.425

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	21 months	12 months	12 months
Filing date	31/08/2026	31/08/2025	26/07/2024	29/09/2023	30/11/2021	30/11/2020
General meeting	30/06/2026	20/06/2025	27/06/2024	20/06/2023	20/09/2021	20/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	31/08/2025	Dutch	PDF
Micro model	31/12/2023	27/06/2024	26/07/2024	Dutch	PDF
Micro model	31/12/2022	20/06/2023	29/09/2023	Dutch	PDF
Abridged model	31/03/2021	20/09/2021	30/11/2021	Dutch	PDF
Abridged model	31/03/2020	20/09/2020	30/11/2020	Dutch	PDF
Abridged model	31/03/2019	20/09/2019	06/02/2020	Dutch	PDF
Abridged model	31/03/2018	20/09/2018	31/10/2018	Dutch	PDF
Abridged model	31/03/2016	20/09/2016	07/03/2017	Dutch	PDF
Abridged model	31/03/2015	21/09/2015	06/10/2015	Dutch	PDF
Abridged model	31/03/2014	27/08/2014	24/09/2014	Dutch	PDF
Abridged model	31/03/2013	20/09/2013	24/09/2013	Dutch	PDF
Abridged model	31/03/2012	13/09/2012	26/09/2012	Dutch	PDF
Abridged model	31/03/2011	10/12/2011	20/12/2011	Dutch	PDF
Abridged model	31/03/2010	20/09/2010	28/09/2010	Dutch	PDF
Abridged model	31/03/2009	21/09/2009	23/09/2009	Dutch	PDF
Abridged model	31/03/2008	20/09/2008	14/10/2008	Dutch	PDF
Abridged model	31/03/2007	20/09/2007	27/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Tavi Tielen

Director · since 24 décembre 2021 · until 20 juin 2027

Active

Wim Gijs

Director · since 24 décembre 2021 · until 20 juin 2027

Active

Ended mandates

Peter Vanhoof

Managing director · since 23 novembre 1997

Ended

Bvba PVM

Director

Ended

Maarten Vanhoof

Director

Ended

Peter Vanhoof

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates05/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2010
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/12/2004
MAATSCHAPPELIJKE ZETEL - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202514 k €↓
2024
Annual accounts 2024317 k €↑
2023
Annual accounts 2023218,4 k €↑
2022
Annual accounts 2022-132,8 k €↓
2021
Annual accounts 202124,8 k €↑
2020
Annual accounts 20202,4 k €↓
2019
Annual accounts 20193 k €↑
2018
Annual accounts 20182,1 k €↑
2016
Annual accounts 2016-3,8 k €↓
2015
Annual accounts 2015-3,6 k €↓
2014
Annual accounts 201482,9 €↓
2013
Annual accounts 2013378 €↓
2012
Annual accounts 20124,8 k €↑
2011
Annual accounts 20113 k €↓
2010
Annual accounts 20104,7 k €↑
2009
Annual accounts 20093,1 k €↓
2008
Annual accounts 20087,2 k €↓
2007
Annual accounts 20077,6 k €
03/11/1997
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

T&W Projects

Overview

What does T&W Projects do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline