T.S. Finanz
ActiveT.S. Finanz has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135k and a net result of €863k. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 31697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+25
Solvency40▼-4
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.18 against 0.27 in 2024; short-term debt: 84.9% and cash: 13.8% of total assets), and 84.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
15.1%
Return on assets
96.4%
Age of the figures
18 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 31697 sector peers (2025).
NBB · sector comparisonPosition among 31697 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-07-2025, 122 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
122 d early
2024
121 d early
2023
111 d early
2022
117 d early
2021
37 d early
2020
115 d early
2019
77 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€135k▼ 26.2%
2024 · €183k
2019: €181k
2020: €341k
2021: €479k
2022: €157k
2023: €157k
2024: €183k
2019 → 2025
Total assets
€895k▼ 6.0%
2024 · €951k
2019: €449k
2020: €611k
2021: €953k
2022: €1.33M
2023: €1.22M
2024: €951k
2019 → 2025
Net result
€863k▲ 1,776%
2024 · €46k
2019: €161k
2020: €160k
2021: €138k
2022: €567k
2023: €528k
2024: €46k
2019 → 2025
Working capital
€-626k▼ 19.1%
2024 · €-525k
2019: €27k
2020: €141k
2021: €-70k
2022: €-511k
2023: €-556k
2024: €-525k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€479k-€157k▼ 67.2%€157k=€183k▲ 16.6%€135k▼ 26.2%
Operating result€48k-€74k▲ 54.2%€108k▲ 46.6%€60k▼ 44.7%€115k▲ 92.9%
Net result€138k-€567k▲ 312%€528k▼ 6.9%€46k▼ 91.3%€863k▲ 1,776%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 93% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €895k
Fixed assets
€761k▲ 0.6%
Current assets
€134k▼ 31.4%
Equity and liabilities €895k
Equity
€135k▼ 26.2%
Debt
€760k▼ 1.1%
The debt ratio rises from 80.8% to 84.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€126k▲
2024 · €65k
Cash flow
€874k▲
2024 · €51k
Solvency
15.1%▼
2024 · 19.2%
Current ratio
0.18▼
2024 · 0.27
Quick ratio
0.18▼
2024 · 0.27
Debt / equity
5.63▲
2024 · 4.20
ROE
638.9%▲
2024 · 25.1%
ROA
96.4%▲
2024 · 4.8%
Interest coverage
90.49▼
2024 · 107.99
Debt
€760k▼
2024 · €768k
Debt ≤ 1 year
€760k▲
2024 · €721k
Debt > 1 year
€37▼
2024 · €48k
Income taxes
€30k▲
2024 · €16k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€951k€895k▼
Fixed assets21/28€756k€761k▲
Tangible fixed assets22/27€12k€16k▲
Furniture and vehicles24€12k€9k▼
Other tangible fixed assets26-€7k
Financial fixed assets28€744k€744k=
Current assets29/58€195k€134k▼
Amounts receivable within one year40/41€568€10k▲
Trade receivables40€568-
Other amounts receivable41-€10k
Cash at bank and in hand54/58€194k€123k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€951k€895k▼
Equity10/15€183k€135k▼
Contributions10/11€1€1=
Reserves13€183k€135k▼
Distributable reserves133€183k€135k▼
Amounts payable17/49€768k€760k▼
Amounts payable after more than one year17€48k€37▼
Financial debts170/4€48k-
Other amounts payable178/9-€37
Amounts payable within one year42/48€721k€760k▲
Current portion of amounts payable after more than one year42€47k€48k▲
Trade debts44€653€141▼
Suppliers440/4€653€141▼
Taxes, remuneration and social security45€12k€15k▲
Taxes450/3€12k€15k▲
Other amounts payable47/48€661k€697k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€11k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€189€258▲
Gross operating margin9900€67k€127k▲
Operating profit (loss)9901€60k€115k▲
Financial income75/76B€3k€779k▲
Recurring financial income75€3k€779k▲
Financial charges65/66B€600€1k▲
Recurring financial charges65€600€1k▲
Profit (loss) for the period before taxes9903€62k€893k▲
Income taxes67/77€16k€30k▲
Profit (loss) for the period9904€46k€863k▲
Profit (loss) for the period to be appropriated9905€46k€863k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€863k▲
Transfer from equity791/2-€48k
Transfer to equity691/2€46k-
To other reserves6921€46k-
Profit to be distributed694/7-€911k
Return on contributions (dividend)694-€911k
The notes to these accounts (6 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
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €863k ▲1776%
Operating result €115k, net result €863k, both a record.
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €46k ▼91.3%
Net result drops to €46k, the lowest in the series; recovery starts the following year.
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity doublescurrent ratio 2.89
Current ratio from 1.43 to 2.89.
30-09
Financial
Equity above €200kEq €341k ▲88.5%
2 profitable years in a row build equity to €341k.
13-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Eupen · 1 establishment unit since 2018
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.
Rue d'Aix la Chapelle 454700 EupenGround area
345 m²
Building footprint
78 m²
Volume, LiDAR
906 m³
Parcel 63023F0001/00P003, Wallonia · tallest building 12.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
T.S. Finanz
since 20182.279.099.231
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63023F0001/00P003 | Wallonia | 345 m² | 1 · 78 m² | 12.9 m · 4 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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 40,882 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2018
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.