Equity
€549,052 ▼ 6.7%
T.S.A. paid out €25,450 in dividends in a year with a loss of €14,276.
T.S.A.
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €95,149 (2006)
€10,509▼ 61.7%
lowest -€14,276 (2025)
-€14,276▼ €15,327
peak €588,778 (2024)
€549,052▼ 6.7%
€37,141▲ 77.4%
peak 1 FTE (2006)
-not published
Board1 name since 1987
1 director
Documentsfilings and deeds
24-04-202698 days before the deadline
2025micro format
Gross margin from €27,454 to €10,509Loss of €14,276Dividend €25,450Debts from €20,936 to €37,141
Key points
from the 2025 annual accountsFilings
38 annual accounts since 1988
The 2018 accounts came 27 days late. The other nine of the last ten were filed on time.
Position in the sector
-€14,276
Lower net result than 91% of companies in computer programming and consultancy. Sector median €28,023 · 22,049 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as T.S.A. has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,613 companies, not a prediction for T.S.A.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Capital increase of €484,900 to €614,628
Capital from €129,728 to €614,628, 528 new shares · Capital contribution: inbreng in natura · General meeting of 30-08-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0432651969
Merger: T.S.A. (Totale systeemoplossingen voor Automatisatie of Total Systems for Automatisation) takes over TSA DISTRIBUTION
Company renamed from T.S.A. (Totale systeemoplossingen voor Automatisatie of Total Systems for Automatisation) to T.S.A. · Change of role: , from director to statutory director · Reappointment: (statutory director) · General meeting of 28-12-2020 · Gazette deed
Merger proposal: T.S.A. (Totale Systeemoplossingen voor Automatisatie of Total Systems for Automatisation) takes over T S A DISTRIBUTION
The company holds all the shares of T S A DISTRIBUTION · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| T.S.A. Kuurne | €586,192 | €10,509 | 93.7% | - |
| HERMES ENGINEERING Kortrijk | €377,204 | €9,930 | 91.1% | - |
| MBI De Haan | €631,288 | €20,251 | 96.0% | - |
| DATEC Anzegem | €845,016 | €18,250 | 99.8% | - |
| DigIT Services Lint | €528,811 | €15,979 | 37.1% | - |
| DIGITAL MANAGEMENT CONSULTANTS BUREAU Overijse | €879,689 | €7,579 | 54.4% | - |
| COUGAR 7 Waterloo | €421,006 | €14,161 | 58.2% | - |
These companies have the same main activity as T.S.A.: computer programming (NACE 62100). They are comparable in size and age: total assets between €377,000 and €880,000, founded between 1983 and 1996.
Official details
Source: KBO- Status
- Active since 04-12-1987Normal situation
- Activity
- Computer programmingNACE 62100
- Establishment unit
- 2.032.042.0138520 Kuurne, since 16-12-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 28-08-2023
Annual accounts 2025
- ≈ €57,000estimated
- €586,192▼ 3.9%
- Filing
- Filed on 24-04-2026, 98 days before the end of the filing period
Insights on T.S.A.
T.S.A. files the micro format. That format states no turnover. The gross margin fell from €95,149 in 2006 to €10,509 in 2025.
The balance sheet grew most in 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about T.S.A.
- What is the company number of T.S.A.?
- The company number of T.S.A. is 0432.651.969. The VAT number is the same number with BE in front: BE 0432.651.969.
- Where is T.S.A. based?
- The registered office is at Sint-Michielsweg 38, 8520 Kuurne.Company details
- What does T.S.A. do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of T.S.A.?
- T.S.A. is a private limited company (BV).
- When was T.S.A. founded?
- T.S.A. was founded on 04-12-1987.
- Is T.S.A. still active?
- Yes, T.S.A. is an active enterprise in the KBO register.
- What is the turnover of T.S.A.?
- The turnover in financial year 2025 is ≈ €57,000. This figure is estimated from the gross margin of €10,509 and 53 comparable companies (NACE 62100). It probably lies between €30,000 and €110,000. It is a rough estimate.Financials
- Is T.S.A. profitable?
- In financial year 2025, T.S.A. made a loss of €14,276.
- Where can I find the annual accounts of T.S.A.?
- T.S.A. filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of T.S.A. due?
- T.S.A. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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