ACTIVE

'T Park Development

Financial year 2025 · closed on 31/12/2025
Net result
-533,1 k €
-140.8% YoY
Gross margin
-1,2 M €
-243.2% YoY
Equity
16,7 M €
-3.1% YoY
Workforce
0,0 ETP

What does 'T Park Development do?

'T Park Development is a Public limited company incorporated in 2002. Its main activity is: Development of building projects. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.120.522
Incorporation
05/08/2002
Legal form
Public limited company
Registered office
Boulevard Anspach 1
1000 Bruxelles · BruxellesSee on map
Contributed capital
22 262 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201620152014201320122009
Income statement
Gross margin-1,2 M €852,8 k €93,7 k €128,5 k €941,1 k €
EBITDA-1,2 M €847,5 k €86,1 k €128,5 k €941,1 k €7,7 M €-116,1 k €51,2 k €-509,1 k €-860 k €1,1 M €1,1 M €1,4 M €1,6 M €
Operating result-1,2 M €847,5 k €86,1 k €128,5 k €941,1 k €7,7 M €-116,1 k €51,2 k €-503,7 k €-860 k €1,1 M €1,1 M €669,4 k €698,3 k €
Net result-533,1 k €1,3 M €559 k €349,1 k €1,2 M €7,2 M €-198,8 k €-87,3 k €-814,7 k €-1,2 M €762,2 k €797,1 k €-417,4 k €-4,2 M €
Balance sheet
Equity16,7 M €17,2 M €15,9 M €15,3 M €15 M €13,8 M €6,6 M €6,8 M €6 M €6,8 M €8 M €7,2 M €6,4 M €10,5 M €
Total assets19,2 M €25,1 M €21 M €16,6 M €16,5 M €15,9 M €55,5 M €44,2 M €22,5 M €21,7 M €21,5 M €22,2 M €21,4 M €26,9 M €
Cash0 €1 M €991,4 k €1,2 M €566,3 k €6,6 M €993,3 k €7,9 k €32,6 k €51,9 k €608,8 k €136,2 k €1,1 M €
Debts2,6 M €7,9 M €5,1 M €1,3 M €1,5 M €2,1 M €49 M €37,4 M €16,4 M €14,9 M €13,3 M €14,5 M €14,5 M €15,7 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 35 ended

Active mandates

QUEEN-K

Director · since 20 février 2025 · until 18 avril 2028 · 0834.400.829

Represented by Olivier THIEL

Active
Alix Aspeslagh

Director · since 04 octobre 2022 · until 24 juin 2026 · 0773.427.124

Represented by Alix ASPESLAGH

Active
SEDEX

Director · since 04 octobre 2022 · until 20 février 2025 · 0749.841.969

Represented by Sébastien DELVAUX

Active
KB Financial Services

Director · since 20 avril 2022 · until 24 juin 2026 · 0699.835.994

Represented by Karel BREDA

Active

Ended mandates

QUEEN-K

Director · since 20 février 2025 · until 18 avril 2028 · 0834.400.829

Represented by Olivier THIEL

Ended
Alix Aspeslagh

Director · since 04 octobre 2022 · until 15 avril 2026 · 0773.427.124

Represented by Aspeslagh ALIX

Ended
Alix Aspeslagh

Director · since 04 octobre 2022 · until 15 avril 2026 · 0773.427.124

Represented by Alix ASPESLAGH

Ended
SEDEX

Director · since 04 octobre 2022 · until 15 avril 2026 · 0749.841.969

Represented by Sébastien DELVAUX

Ended
At this address

Other companies at this address

CompanyCBE no.
ACTISOCActive
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ANCIEN DEWFINLiquidation
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ARISTEAActive
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AS 24 - BELGIUMActive
0437.971.826
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BELLA VITAActive
0890.019.738
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BEYAERTActive
0837.807.014
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bpostActive
0214.596.464
bpostgroupActive
1011.508.674
0874.491.622
0409.077.803
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CERTIPOSTActive
0475.396.406
CITYZEN HOLDINGActive
0721.884.985
CITYZEN HOTELActive
0721.520.444
CITYZEN OFFICEActive
0721.520.840
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202617/07/202514/05/202423/05/202320/05/202230/07/2021
General meeting24/06/202621/05/202517/04/202402/05/202320/04/202225/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202616/07/2026DutchPDF
Abridged model31/12/202421/05/202517/07/2025DutchPDF
Abridged model31/12/202317/04/202414/05/2024DutchPDF
Abridged model31/12/202202/05/202323/05/2023DutchPDF
Abridged model31/12/202120/04/202220/05/2022DutchPDF
Full model31/12/202025/05/202130/07/2021FrenchPDF
Full model31/12/201915/05/202005/10/2020FrenchPDF
Full model31/12/201824/05/201915/07/2019FrenchPDF
Full model31/12/201715/05/201814/09/2018FrenchPDF
Full model31/12/201619/04/201714/06/2017FrenchPDF
Full model31/12/201520/04/201626/05/2016FrenchPDF
Full model31/12/201415/04/201501/06/2015FrenchPDF
Full model31/12/201316/04/201415/05/2014FrenchPDF
Full model31/12/201217/04/201314/05/2013FrenchPDF
Full model31/12/201118/04/201201/08/2012FrenchPDF
Full model31/12/201030/06/201111/08/2011FrenchPDF
Full model31/12/200921/04/201013/08/2010FrenchPDF
Full model31/12/200815/04/200917/06/2009FrenchPDF
Full model31/12/200716/04/200829/05/2008FrenchPDF
Full model31/12/200604/06/200706/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 4 active · 35 ended

Active mandates

QUEEN-K

Director · since 20 février 2025 · until 18 avril 2028 · 0834.400.829

Represented by Olivier THIEL

Active
Alix Aspeslagh

Director · since 04 octobre 2022 · until 24 juin 2026 · 0773.427.124

Represented by Alix ASPESLAGH

Active
SEDEX

Director · since 04 octobre 2022 · until 20 février 2025 · 0749.841.969

Represented by Sébastien DELVAUX

Active
KB Financial Services

Director · since 20 avril 2022 · until 24 juin 2026 · 0699.835.994

Represented by Karel BREDA

Active

Ended mandates

QUEEN-K

Director · since 20 février 2025 · until 18 avril 2028 · 0834.400.829

Represented by Olivier THIEL

Ended
Alix Aspeslagh

Director · since 04 octobre 2022 · until 15 avril 2026 · 0773.427.124

Represented by Aspeslagh ALIX

Ended
Alix Aspeslagh

Director · since 04 octobre 2022 · until 15 avril 2026 · 0773.427.124

Represented by Alix ASPESLAGH

Ended
SEDEX

Director · since 04 octobre 2022 · until 15 avril 2026 · 0749.841.969

Represented by Sébastien DELVAUX

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/09/2026
    Wijziging vaste vertegenwoordiger commissaris - Hernieuwing mandaat
    PDF
  • Mandates09/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates10/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025-533,1 k €
  2. 20/02/2025
    nominationQueen-K BV — bestuurder
  3. 2024
    Annual accounts 20241,3 M €
  4. 15/07/2024
    nominationRobin Huybrechts — vaste vertegenwoordiger van KPMG Bedrijfsrevisoren BV/SRL, commissaris
  5. 17/04/2024
    reconductionKPMG Bedrijfsrevisoren BV — commissaris
  6. 2023
    Annual accounts 2023559 k €
  7. 2022
    Annual accounts 2022349,1 k €
  8. 04/10/2022
    nominationSEDEX BV — bestuurder
  9. 04/10/2022
    nominationAlix Aspeslagh BV — bestuurder
  10. 12/08/2022
    nominationZAFFERANA BV — bestuurder
  11. 20/04/2022
    reconductionKB Financial Services SRL — bestuurder
  12. 20/04/2022
    reconductionAdel Yahia Consult BV — bestuurder
  13. 2021
    Annual accounts 20211,2 M €
  14. 2021
    Name change'T PARK DEVELOPMENT
  15. 2020
    Annual accounts 20207,2 M €
  16. 2019
    Annual accounts 2019-198,8 k €
  17. 2018
    Annual accounts 2018-87,3 k €
  18. 2016
    Annual accounts 2016-814,7 k €
  19. 2015
    Annual accounts 2015-1,2 M €
  20. 2015
    Name changeBRUSSELS EAST REAL ESTATE
  21. 2014
    Annual accounts 2014762,2 k €
  22. 2013
    Annual accounts 2013797,1 k €
  23. 2012
    Annual accounts 2012-417,4 k €
  24. 2009
    Annual accounts 2009-4,2 M €
  25. 2009
    Name changeSPI PARC SENY
  26. 05/08/2002
    IncorporationPublic limited company