T.N.S.
ActiveT.N.S. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.09M and a net result of €-25k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65▲+1
Solvency59▼-2
Growth54=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.95 in 2023; short-term debt: 54.7% and cash: 1.8% of total assets), and 65.7% of the assets are financed with debt.
Credit advice 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2024Solvency, return and age of the figures
Solvency
34.3%
Return on assets
-0.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-03-2025, 132 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
132 d early
2023
35 d early
2022
39 d early
2021
34 d late
2020
94 d early
2019
20 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€15.51M▲ 8.1%
2023 · €14.35M
2018: €10.29M
2019: €11.16M
2020: €12.67M
2021: €13.37M
2022: €14.73M
2023: €14.35M
2018 → 2024
EBIT margin
6.7%▲ 1.4pp
2023 · 5.4%
2018: 9.0%
2019: 4.7%
2020: 6.5%
2021: 6.2%
2022: 5.2%
2023: 5.4%
2018 → 2024
Net result
€-25k
2023 · €359k
2018: €374k
2019: €142k
2020: €648k
2021: €472k
2022: €429k
2023: €359k
2018 → 2024
Working capital
€-143k▲ 62.4%
2023 · €-381k
2018: €351k
2019: €-456k
2020: €438k
2021: €400k
2022: €1k
2023: €-381k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€12.67M-€13.37M▲ 5.5%€14.73M▲ 10.2%€14.35M▼ 2.6%€15.51M▲ 8.1%
Equity€4.19M-€4.32M▲ 2.9%€4.67M▲ 8.2%€5.03M▲ 7.7%€4.09M▼ 18.7%
Operating result€824k-€829k▲ 0.6%€762k▼ 8.1%€768k▲ 0.8%€1.04M▲ 35.5%
Net result€648k-€472k▼ 27.1%€429k▼ 9.2%€359k▼ 16.3%€-25k
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 35% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.91M
Fixed assets
€5.54M▼ 23.7%
Current assets
€6.37M▼ 6.0%
Equity and liabilities €11.91M
Equity
€4.09M▼ 18.7%
Debt
€7.82M▼ 13.2%
The debt ratio rises from 64.2% to 65.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.45M▲
2023 · €1.20M
Cash flow
€387k▼
2023 · €788k
Solvency
34.3%▼
2023 · 35.8%
Current ratio
0.98▲
2023 · 0.95
Quick ratio
0.58▲
2023 · 0.51
Debt / equity
1.91▲
2023 · 1.79
ROE
-0.6%▼
2023 · 7.1%
ROA
-0.2%▼
2023 · 2.6%
Interest coverage
8.23▲
2023 · 5.68
Debt
€7.82M▼
2023 · €9.01M
Debt ≤ 1 year
€6.51M▼
2023 · €7.16M
Debt > 1 year
€1.22M▼
2023 · €1.85M
Income taxes
€156k▲
2023 · €144k
Staff costs
€1.39M▼
2023 · €1.45M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€14.04M€11.91M▼
Fixed assets21/28€7.26M€5.54M▼
Intangible fixed assets21€103k€90k▼
Tangible fixed assets22/27€7.01M€5.42M▼
Land and buildings22€4.10M€1.98M▼
Plant, machinery and equipment23€2.14M€2.29M▲
Furniture and vehicles24€557k€939k▲
Assets under construction and advance payments27€220k€205k▼
Financial fixed assets28€147k€37k▼
Affiliated companies280/1-€18k
Participating interests280-€18k
Other financial fixed assets284/8€147k€18k▼
Shares284€132k-
Amounts receivable and cash guarantees285/8€16k€18k▲
Current assets29/58€6.78M€6.37M▼
Amounts receivable after more than one year29€251k€203k▼
Other amounts receivable291€251k€203k▼
Stocks and contracts in progress3€3.14M€2.58M▼
Stocks30/36€3.14M€2.58M▼
Raw materials and consumables30/31€1.36M€891k▼
Work in progress32€1.13M€804k▼
Goods purchased for resale34€650k€883k▲
Amounts receivable within one year40/41€3.19M€3.38M▲
Trade receivables40€2.99M€3.22M▲
Other amounts receivable41€194k€162k▼
Cash at bank and in hand54/58€203k€209k▲
Equity and liabilities
Total equity and liabilities10/49€14.04M€11.91M▼
Equity10/15€5.03M€4.09M▼
Contributions10/11€19k€15k▼
Revaluation surpluses12€1.35M€1.10M▼
Reserves13€3.66M€2.97M▼
Tax-exempt reserves132€75k€75k=
Distributable reserves133€3.59M€2.90M▼
Amounts payable17/49€9.01M€7.82M▼
Amounts payable after more than one year17€1.85M€1.22M▼
Financial debts170/4€1.85M€1.22M▼
Credit institutions173€1.85M€1.22M▼
Amounts payable within one year42/48€7.16M€6.51M▼
Current portion of amounts payable after more than one year42€842k€476k▼
Financial debts43€2.94M€3.49M▲
Credit institutions430/8€2.94M€3.49M▲
Trade debts44€3.26M€2.43M▼
Suppliers440/4€3.26M€2.43M▼
Taxes, remuneration and social security45€85k€118k▲
Taxes450/3€38k€97▼
Remuneration and social security454/9€47k€118k▲
Other amounts payable47/48€40k-
Accrued charges and deferred income492/3-€93k
Income statement
Code20232024
Operating income70/76A€14.99M€15.24M▲
Turnover70€14.35M€15.51M▲
Change in stocks of work in progress, finished goods and contracts in progress71€555k€-326k▼
Other operating income74€81k€60k▼
Operating charges60/66A€14.22M€14.20M▼
Goods for resale, raw materials and consumables60€8.87M€8.60M▼
Purchases600/8€8.77M€9.08M▲
Change in stocks: decrease (increase)609€95k€-484k▼
Services and other goods61€3.41M€3.72M▲
Remuneration, social security and pensions62€1.45M€1.39M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429k€412k▼
Other operating charges640/8€54k€83k▲
Operating profit (loss)9901€768k€1.04M▲
Financial income75/76B€6k€343k▲
Recurring financial income75€6k€89k▲
Income from financial fixed assets750€6k€89k▲
Non-recurring financial income76B-€254k
Financial charges65/66B€271k€1.25M▲
Recurring financial charges65€251k€309k▲
Debt charges650€211k€176k▼
Other financial charges652/9€41k€132k▲
Non-recurring financial charges66B€20k€944k▲
Profit (loss) for the period before taxes9903€503k€131k▼
Income taxes67/77€144k€156k▲
Taxes670/3€144k€156k▲
Profit (loss) for the period9904€359k€-25k▼
Profit (loss) for the period to be appropriated9905€359k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€359k€-25k▼
Transfer from equity791/2-€25k
From reserves792-€25k
Transfer to equity691/2€359k-
To other reserves6921€359k-
Social balance
Average headcount (FTE)908723.621.3▼
The notes to these accounts (77 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-25k ▼107%
Net result drops to €-25k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €5MEq €5.03M ▲7.7%
6 profitable years in a row build equity to €5.03M.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
03-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 34 days late
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €648k ▲357%
Net result €648k, the highest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Eeklo · 3 establishment units since 1999
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.
Ringlaan 59900 EekloGround area
1.9 ha
Building footprint
5,981 m²
Volume, LiDAR
34,851 m³
3 parcels, Flanders · tallest building 28.0 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
T.N.S.
since 19992.070.839.835
T.N.S
since 20182.276.602.371
TNS BV
since 20212.313.641.030
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43352F0461/00E000 | Flanders | 9,900 m² | 1 · 1,847 m² | 28.0 m · 3 fl. |
| 46382B1435/00D000 | Flanders | 4,983 m² | 1 · 2,173 m² | 7.8 m · 2 fl. |
| 43352F0394/00E000 | Flanders | 4,587 m² | 1 · 1,961 m² | 8.7 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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 · 95 EUR awarded · 59 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 95 EUR | 59 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
3 sitesEeklo2.070.839.835
Lokeren2.313.641.030
Eeklo2.276.602.371
Similar companies · same sector, comparable size
Agora Culinair Vleesboerke
BE 0416.161.573
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Frisco
BE 0795.307.651
Oostkamp · Eq €4.06M
THALASSA SEAFOODS
BE 0428.610.831
Antwerpen · Eq €4.06M
POPPIES BAKERIES ERTVELDE
BE 0465.234.665
Evergem · Eq €3.85M
ALL MEATS INTERNATIONAL COMPANY
BE 0407.908.556
Sint-Niklaas · Eq €4.53M
Of 222 companies in sector 46391 we hold annual accounts for 138. 61 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-1994
Fiscal year end31-12
Abbreviation NL
TNS
Activities, NACEBEL
10311Manufacture of food products
15311
46391Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.