'T Park Development
ActiveSummary
'T Park Development has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.66M and a net result of €-533k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-20
Solvency100▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.3M at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.51 in 2024; short-term debt: 13.4% of total assets), and 13.4% of the assets are financed with debt.
Credit check 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.6%
Return on assets
-2.8%
Age of the figures
9 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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
14 d early
2023
78 d early
2022
69 d early
2021
72 d early
2020
1 d early
2019
66 d late
← 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 2025, full schema
Turnover
€57.13M
EBIT margin
13.4%
Net result
€-533k
2024 · €1.31M
2018: €-87k
2019: €-199k
2020: €7.25M
2021: €1.17M
2022: €349k
2023: €559k
2024: €1.31M
2018 → 2025
Working capital
€548k▼ 86.4%
2024 · €4.04M
2018: €6.76M
2019: €6.56M
2020: €13.81M
2021: €1.89M
2022: €6.00M
2023: €9.06M
2024: €4.04M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14.98M-€15.33M▲ 2.3%€15.89M▲ 3.6%€17.19M▲ 8.2%€16.66M▼ 3.1%
Operating result€941k-€128k▼ 86.3%€86k▼ 33.0%€848k▲ 884%€-1.22M
Net result€1.17M-€349k▼ 70.1%€559k▲ 60.1%€1.31M▲ 134%€-533k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1.22M after €848k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.24M
Fixed assets
€16.11M ▲ 22.5%
Current assets
€3.13M ▼ 73.8%
Equity and liabilities €19.24M
Equity
€16.66M ▼ 3.1%
Debt
€2.58M ▼ 67.3%
Debt's share of the balance-sheet total falls from 31.5% to 13.4%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.21▼
2024 · 1.51
Quick ratio
0.61▲
2024 · 0.09
Debt to equity
0.15▼
2024 · 0.46
ROE
-3.2%▼
2024 · 7.6%
ROA
-2.8%▼
2024 · 5.2%
Debt ≤ 1 year
€2.58M▼
2024 · €7.89M
Income taxes
€84k
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 · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€25.09M€19.24M▼
Fixed assets21/28€13.15M€16.11M▲
Financial fixed assets28€13.15M€16.11M▲
Current assets29/58€11.93M€3.13M▼
Stocks and contracts in progress3€11.22M€1.54M▼
Stocks30/36€11.22M€1.54M▼
Amounts receivable within one year40/41€712k€1.54M▲
Trade receivables40€712k€1.54M▲
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1-€41k
Equity and liabilities
Total equity and liabilities10/49€25.09M€19.24M▼
Equity10/15€17.19M€16.66M▼
Contributions10/11€22.26M€22.26M=
Capital10€21.16M€21.16M=
Issued capital100€21.16M€21.16M=
Outside capital11€1.10M€1.10M=
Share premium1100/10€1.10M€1.10M=
Profit (loss) carried forward14€-5.07M€-5.60M▼
Amounts payable17/49€7.89M€2.58M▼
Amounts payable within one year42/48€7.89M€2.58M▼
Trade debts44€761k€1.98M▲
Suppliers440/4€761k€1.98M▲
Advances received on contracts in progress46€6.15M€0▼
Taxes, remuneration and social security45€977k€600k▼
Taxes450/3€977k€600k▼
Income statement
Code20242025
Other operating charges640/8€5k€998▼
Gross operating margin9900€853k€-1.22M▼
Operating profit (loss)9901€848k€-1.22M▼
Financial income75/76B€459k€773k▲
Recurring financial income75€459k€773k▲
Financial charges65/66B€363€477▲
Recurring financial charges65€363€477▲
Profit (loss) for the period before taxes9903€1.31M€-450k▼
Income taxes67/77-€84k
Profit (loss) for the period9904€1.31M€-533k▼
Profit (loss) for the period to be appropriated9905€1.31M€-533k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5.07M€-5.60M▼
Profit (loss) brought forward from the previous period14P€-6.37M€-5.07M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (5 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
14-09
State Gazette act
Permanent representatives: Frederic Poesen and Jonas NachtergaeleReappointments: KB Financial Services BV (director) and Alix Aspeslagh BV (director) · Power of attorney7 facts ▸
State Gazette act
Permanent representatives: Frederic Poesen and Jonas Nachtergaele
Reappointments: KB Financial Services BV (director) and Alix Aspeslagh BV (director) · Power of attorney7 facts ▸
- Permanent representative, Frederic Poesen (permanent representative)
- Permanent representative, Jonas Nachtergaele (permanent representative)
- Director reappointment, KB Financial Services BV (director)
- Director reappointment, Alix Aspeslagh BV (director)
- Power of attorney, B-docs BV
- Other statement, bestuurder, 4 jaar
- Other statement, bestuurder, 4 jaar
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-533k ▼141%
Net result drops to €-533k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity triplescurrent ratio 5.78
Current ratio from 2.27 to 5.78; short-term debt falls from €1.48M to €1.26M.
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €7.25M
Net result €7.25M after 2 loss-making years.
31-12
Financial
Liquidity times 7current ratio 7.73
Current ratio from 1.13 to 7.73; short-term debt falls from €48.96M to €2.05M.
31-12
Financial
Equity above €10MEq €13.81M ▲110%
Equity rises from €6.56M to €13.81M.
Show earlier events
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 66 days late
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 45 days late
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors
Alix Aspeslagh BV
CurrentDirector · Legal entity · perm. rep.: Alix Aspeslagh
KB Financial Services BV
CurrentDirector · Legal entity · perm. rep.: Karel Breda
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2002
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.
Anspachlaan 11000 BrusselGround area
6,482 m²
Building footprint
4,827 m²
Volume, LiDAR
188,668 m³
Parcel 21812N1468/00B000, Brussels · tallest building 74.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Anspachlaan 1, 1000 Brussel
since 20022.114.122.621
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1468/00B000 | Brussels | 6,482 m² | 1 · 4,827 m² | 74.9 m · 8 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.
Similar companies · same sector, comparable size
CANAL PROPERTIES
BE 0444.627.313
Gent · Eq €16.67M
IG BELGIUM
BE 0455.651.461
Brussel · Eq €16.48M
HPG BELGIUM
BE 0449.753.663
Maasmechelen · Eq €16.47M
HYBOMA
BE 0878.202.861
Kortemark · Eq €16.44M
CONDIUS
BE 0445.159.724
Nieuwpoort · Eq €16.41M
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 841 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
Founded05-08-2002
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.