T & S GROUP
The computed 12-month bankruptcy probability of T & S GROUP is 2.1% (moderate). The 2024 annual accounts show equity of €121k and a net result of €150k. Its solvency ranks better than 56% of 6695 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €121k |
| Net result | €150k |
| Better than sector | 56% |
| Active | 3 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 26.8% | 20.4% | |
| Net result | €150k | €4k | |
| Equity | €121k | €16k | |
| Gross operating margin | €589k | €24k | |
| Staff costs | €412k | €33k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €1.20M |
| EBITDA | €177k |
| Net profit | €150k |
| Cash flow | €165k |
| Staff costs | €412k |
| Income taxes | - |
| Dividends | - |
| Total assets | €451k |
| Equity | €121k |
| Debt | €331k |
| of which ≤ 1y | €251k |
| of which > 1y | €53k |
| Working capital | €28k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.11 |
| Quick ratio | 0.94 |
| Working capital ratio | 6.3% |
| Solvency | 26.8% |
| Debt / equity | 2.74 |
| Long-term debt ratio | 0.44 |
| Interest coverage | 14.67 |
| Gross margin | 47.0% |
| Net margin | 12.6% |
| ROA | 33.2% |
| ROE | 124.2% |
| EBITDA margin | 14.8% |
| Days sales outstanding | 32d |
| Days payable outstanding | 84d |
| Inventory turnover | 14.28 |
| Days inventory (DSI) | 26d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €451k |
| Fixed assets | 21/28 | €171k |
| Tangible fixed assets | 22/27 | €119k |
| Financial fixed assets | 28 | €53k |
| Current assets | 29/58 | €280k |
| Stocks & contracts in progress | 3 | €44k |
| Amounts receivable within one year | 40/41 | €112k |
| Cash & bank | 54/58 | €123k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €451k |
| Equity | 10/15 | €121k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €115k |
| Amounts payable | 17/49 | €331k |
| Amounts payable after one year | 17 | €53k |
| Amounts payable within one year | 42/48 | €251k |
| Trade debts payable within one year | 44 | €146k |
| Income statement | ||
| Turnover | 70 | €1.20M |
| Gross operating margin | 9900 | €589k |
| Operating result | 9901 | €162k |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €150k |
| Net result for the period | 9904 | €150k |
| Result to be appropriated | 9905 | €150k |
-
Current01-01-2026 → present
-
Current01-01-2026 → present
Former directors (3)
-
Former- → 31-12-2025
-
Former05-06-2023 → 31-12-2025
2 events
- 31-12-2025 Resigned· Director
- 05-06-2023 Appointed· Director
-
Former- → 05-06-2023
| NACE primary | Retail trade(47120) |
| Legal form | Private limited company(610) |
| Incorporation | 16-03-2023 |
| Status | Active |
| Postal code | 2830 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62806C0923/00B002 | Wallonia | 6.3 ha | 1 · 3.8 ha | 22.7 m · 3 fl. |
| 12342C0624/00E000 | Flanders | 696 m² | 1 · 151 m² | 5.7 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-02-2026 Transaction in capital or shares
Technical details
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"effective_date": "2025-12-31",
"evidence_quote": "Meneer Sarican Huvsip geeft 50 aandelen aan meneer khatchatrian Noubar",
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},
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}
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}08-08-2023 1 director appointed, 1 resigning
- Armen TONAPETIAN, Bestuurder
- Lilit ARISTAKESIAN, Bestuurder
Technical details
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}20-03-2023 Incorporation of a new BV
Technical details
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],
"capital_eur": 6000,
"subject_company": {
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"initial_directors": [],
"incorporation_date": "2023-03-06",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | T & S GROUP |