T & S Services
ActiveT & S Services has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €162k and a net result of €17k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 2027 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-11
Solvency91▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 2.29 in 2023; short-term debt: 26.2% and cash: 7.7% of total assets), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← 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
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
36 d early
2022
32 d early
2021
32 d early
2020
31 d early
2019
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€162k▲ 12.0%
2023 · €145k
2018: €96k
2019: €99k
2020: €103k
2021: €104k
2022: €106k
2023: €145k
2018 → 2024
Total assets
€245k▲ 2.9%
2023 · €238k
2018: €163k
2019: €235k
2020: €546k
2021: €208k
2022: €193k
2023: €238k
2018 → 2024
Net result
€17k▼ 55.9%
2023 · €39k
2018: €12k
2019: €3k
2020: €4k
2021: €944
2022: €1k
2023: €39k
2018 → 2024
Working capital
€31k▼ 61.6%
2023 · €81k
2018: €59k
2019: €50k
2020: €84k
2021: €73k
2022: €75k
2023: €81k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€103k-€104k▲ 0.9%€106k▲ 1.3%€145k▲ 37.3%€162k▲ 12.0%
Operating result€7k-€2k▼ 69.5%€4k▲ 82.1%€56k▲ 1,286%€24k▼ 57.1%
Net result€4k-€944▼ 78.6%€1k▲ 42.8%€39k▲ 2,818%€17k▼ 55.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 57% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €245k
Fixed assets
€150k▲ 58.3%
Current assets
€95k▼ 33.6%
Equity and liabilities €245k
Equity
€162k▲ 12.0%
Debt
€83k▼ 11.3%
The debt ratio falls from 39.2% to 33.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66k▼
2023 · €81k
Cash flow
€59k▼
2023 · €64k
Solvency
66.2%▲
2023 · 60.8%
Current ratio
1.49▼
2023 · 2.29
Quick ratio
1.49▼
2023 · 2.29
Debt / equity
0.51▼
2023 · 0.64
ROE
10.7%▼
2023 · 27.2%
ROA
7.1%▼
2023 · 16.5%
Interest coverage
71.03▲
2023 · 35.08
Debt
€83k▼
2023 · €93k
Debt ≤ 1 year
€64k▲
2023 · €63k
Debt > 1 year
€3k▼
2023 · €4k
Income taxes
€6k▼
2023 · €15k
Staff costs
€102k▲
2023 · €68k
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€238k€245k▲
Fixed assets21/28€95k€150k▲
Tangible fixed assets22/27€92k€147k▲
Land and buildings22-€8k
Plant, machinery and equipment23€53k€71k▲
Furniture and vehicles24€39k€68k▲
Financial fixed assets28€3k€3k=
Current assets29/58€144k€95k▼
Amounts receivable within one year40/41€42k€62k▲
Trade receivables40€5k€36k▲
Other amounts receivable41€37k€26k▼
Cash at bank and in hand54/58€95k€19k▼
Deferred charges and accrued income490/1€7k€14k▲
Equity and liabilities
Total equity and liabilities10/49€238k€245k▲
Equity10/15€145k€162k▲
Contributions10/11€19k€19k=
Reserves13€126k€143k▲
Tax-exempt reserves132€6k€6k=
Distributable reserves133€120k€137k▲
Profit (loss) carried forward14€161€526▲
Amounts payable17/49€93k€83k▼
Amounts payable after more than one year17€4k€3k▼
Financial debts170/4€4k€3k▼
Amounts payable within one year42/48€63k€64k▲
Current portion of amounts payable after more than one year42€3k€1k▼
Trade debts44€227€21k▲
Suppliers440/4€227€21k▲
Taxes, remuneration and social security45€15k€2k▼
Taxes450/3€15k€150▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€45k€40k▼
Accrued charges and deferred income492/3€26k€15k▼
Income statement
Code20232024
Remuneration, social security and pensions62€68k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€42k▲
Other operating charges640/8€6k€10k▲
Gross operating margin9900€155k€178k▲
Operating profit (loss)9901€56k€24k▼
Financial income75/76B€153€290▲
Recurring financial income75€153€290▲
Financial charges65/66B€2k€926▼
Recurring financial charges65€2k€926▼
Profit (loss) for the period before taxes9903€54k€24k▼
Income taxes67/77€15k€6k▼
Profit (loss) for the period9904€39k€17k▼
Profit (loss) for the period to be appropriated9905€39k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€18k▼
Profit (loss) brought forward from the previous period14P€301€161▼
Transfer to equity691/2€40k€17k▼
To other reserves6921€40k€17k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €162k ▲12%
7 profitable years in a row build equity to €162k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €39k ▲2818%
Operating result €56k, net result €39k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €944 ▼78.6%
Net result drops to €944, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €103k ▲4.5%
3 profitable years in a row build equity to €103k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-06
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
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, Gent · 1 establishment unit since 2005
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.
Groenvinkstraat 159041 GentGround area
3,361 m²
Building footprint
189 m²
Volume, LiDAR
507 m³
Parcel 44051B1656/00W000, Flanders · tallest building 12.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
T & S Services
since 20052.147.360.957
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44051B1656/00W000 | Flanders | 3,361 m² | 1 · 189 m² | 12.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 10,483 EUR awarded · 10,483 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 165 EUR | 165 EUR |
| 2024 | 1 | 4,646 EUR | 4,646 EUR |
| 2022 | 1 | 5,672 EUR | 5,672 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 976 companies in sector 77210 we hold annual accounts for 217. 158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2005
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
71406
77210Renting and leasing of sports and recreation goods
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.