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T-Service

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 199234 yrs activeOude Gistelseweg 15, 8460 Oudenburg, BelgiumKBO/BCE: BE 0446.943.534
Summary

T-Service has been active since 1992 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show equity of €28,096 and a net result of €6,691. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 1333 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability97▲+30
Solvency100=
Growth78=
Track record84
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 15.82 against 8.47 in 2024; short-term debt: 6.2% of total assets), and 6.2% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
100 d early
2023
1003 d late
2022
1368 d late
2019
24 d early
2018
4 d early
2017
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 319 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingStrikeout withdrawn
Checked, nothing found (1)
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. Usually files around 30 October (4 of the last 5 filed years within 1004 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline

History

On 16 March 1992, T-Service was incorporated.1 Total assets went from EUR 22,682 in 2019 to EUR 29,946 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€28,096▲ 31.3%
2024 · €21,405
Total assets
€29,946▲ 23.4%
2024 · €24,272
Net result
€6,691▲ 136%
2024 · €2,838
Working capital
€27,412▲ 28.1%
2024 · €21,405
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192022202320242025
Operating result-€5,313-€3,687-€333▼ 91.0%€2,508▲ 652%€5,876▲ 134%
Net result-€5,021-€4,604below the sector's middle half-€1,282below the sector's middle half▼ 72.2%€2,838within the sector's middle half▲ 121%€6,691within the sector's middle half▲ 136%
Equity€20,112-€17,286below the sector's middle half-€18,568below the sector's middle half▲ 7.4%€21,405within the sector's middle half▲ 15.3%€28,096within the sector's middle half▲ 31.3%
Total assets€22,682-€17,286below the sector's middle half-€18,568below the sector's middle half▲ 7.4%€24,272below the sector's middle half▲ 30.7%€29,946below the sector's middle half▲ 23.4%
Debt€2,570-€2,867€1,849▼ 35.5%
Working capital€20,112-€21,405within the sector's middle half€27,412within the sector's middle half▲ 28.1%
Solvency88.7%-100.0%above the sector's middle half-100.0%above the sector's middle half=88.2%above the sector's middle half▼ 11.8pp93.8%above the sector's middle half▲ 5.6pp
Current ratio8.83-8.47above the sector's middle half15.82above the sector's middle half▲ 7.36
Return on assets (ROA)-22.1%-26.6%above the sector's middle half-6.9%within the sector's middle half▼ 19.7pp11.7%within the sector's middle half▲ 4.8pp22.3%within the sector's middle half▲ 10.7pp
above within below the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000Operating result 2019: -€5,313-€5,313Net result 2019: -€5,021-€5,021Operating result 2022: €3,687€3,687Net result 2022: €4,604€4,604Operating result 2023: €333€333Net result 2023: €1,282€1,282Operating result 2024: €2,508€2,508Net result 2024: €2,838€2,838Operating result 2025: €5,876€5,876Net result 2025: €6,691€6,69120192022202320242025€0€2,000€4,000€6,000Operating result 2023: €333€333Net result 2023: €1,282€1,280Operating result 2024: €2,508€2,510Net result 2024: €2,838€2,840Operating result 2025: €5,876€5,880Net result 2025: €6,691€6,690202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 134% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29,946
Fixed assets €684
Current assets €29,261
Equity and liabilities €29,946
Equity €28,096 ▲ 31.3%
Debt €1,849 ▼ 35.5%
Debt's share of the balance-sheet total falls from 11.8% to 6.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,886
Cash flow
€6,702
Debt to equity
0.07▼
2024 · 0.13
ROE
23.8%▲
2024 · 13.3%
Interest coverage
59.09
Debt ≤ 1 year
€1,849▼
2024 · €2,867
Income taxes
€669
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€24,272€29,946▲
Fixed assets21/28-€684
Tangible fixed assets22/27-€684
Plant, machinery and equipment23-€684
Current assets29/58€24,272€29,261▲
Amounts receivable within one year40/41€24,272€29,261▲
Trade receivables40€0-
Other amounts receivable41€24,272€29,261▲
Cash at bank and in hand54/58€0-
Equity and liabilities
Total equity and liabilities10/49€24,272€29,946▲
Equity10/15€21,405€28,096▲
Contributions10/11€12,395€12,395=
Outside capital11€12,395€12,395=
Other1109/19€12,395€12,395=
Reserves13€1,859€8,550▲
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Distributable reserves133-€6,691
Profit (loss) carried forward14€7,151€7,151=
Amounts payable17/49€2,867€1,849▼
Amounts payable within one year42/48€2,867€1,849▼
Financial debts43€46€47▲
Credit institutions430/8€46€47▲
Trade debts44€535€0▼
Suppliers440/4€535€0▼
Taxes, remuneration and social security45€2,285€1,802▼
Taxes450/3€2,285€1,802▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€11
Other operating charges640/8€583€822▲
Gross operating margin9900€3,091€6,708▲
Operating profit (loss)9901€2,508€5,876▲
Financial income75/76B€673€1,584▲
Recurring financial income75€673€1,584▲
Financial charges65/66B€344€100▼
Recurring financial charges65€344€100▼
Profit (loss) for the period before taxes9903€2,838€7,360▲
Income taxes67/77-€669
Profit (loss) for the period9904€2,838€6,691▲
Profit (loss) for the period to be appropriated9905€2,838€6,691▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,151€13,843▲
Profit (loss) brought forward from the previous period14P€4,314€7,151▲
Transfer to equity691/2-€6,691
To other reserves6921-€6,691

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,872---€11-
Other operating charges640/8-€481€244€583€822▲ 41.1%
Gross operating margin9900€2,250€4,167€577€3,091€6,708▲ 117%
Operating profit (loss)9901-€5,313€3,687€333€2,508€5,876▲ 134%
Financial income75/76B-€918€1,051€673€1,584▲ 135%
Recurring financial income75€692€918€1,051€673€1,584▲ 135%
Financial charges65/66B-€0€102€344€100▼ 71.0%
Recurring financial charges65€217€0€102€344€100▼ 71.0%
Profit (loss) for the period before taxes9903-€4,838€4,604€1,282€2,838€7,360▲ 159%
Income taxes67/77€184---€669-
Profit (loss) for the period9904-€5,021€4,604€1,282€2,838€6,691▲ 136%
Profit (loss) for the period to be appropriated9905-€5,021€4,604€1,282€2,838€6,691▲ 136%
Line20192022202320242025Change
Assets
Total assets20/58€22,682€17,286€18,568€24,272€29,946▲ 23.4%
Fixed assets21/28----€684-
Tangible fixed assets22/27----€684-
Plant, machinery and equipment23----€684-
Current assets29/58€22,682€17,286€18,568€24,272€29,261▲ 20.6%
Amounts receivable within one year40/41€20,274€16,167€18,093€24,272€29,261▲ 20.6%
Trade receivables40--€6,167€0--
Other amounts receivable41-€16,167€11,926€24,272€29,261▲ 20.6%
Cash at bank and in hand54/58€2,408€1,118€475€0--
Equity and liabilities
Total equity and liabilities10/49€22,682€17,286€18,568€24,272€29,946▲ 23.4%
Equity10/15€20,112€17,286€18,568€21,405€28,096▲ 31.3%
Contributions10/11€12,395€12,395€12,395€12,395€12,395=
Outside capital11-€12,395€12,395€12,395€12,395=
Other1109/19-€12,395€12,395€12,395€12,395=
Reserves13€7,717€1,859€1,859€1,859€8,550▲ 360%
Non-distributable reserves130/1-€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311-€1,859€1,859€1,859€1,859=
Distributable reserves133----€6,691-
Profit (loss) carried forward14-€3,032€4,314€7,151€7,151=
Amounts payable17/49€2,570--€2,867€1,849▼ 35.5%
Amounts payable within one year42/48€2,570--€2,867€1,849▼ 35.5%
Financial debts43---€46€47▲ 1.5%
Credit institutions430/8---€46€47▲ 1.5%
Trade debts44---€535€0▼ 100%
Suppliers440/4---€535€0▼ 100%
Taxes, remuneration and social security45---€2,285€1,802▼ 21.1%
Taxes450/3---€2,285€1,802▼ 21.1%
Line20192022202320242025Change
Profit (loss) for the period9904-€5,021€4,604€1,282€2,838€6,691▲ 136%
+ Depreciation and write-downs630€6,872---€11-
Operating cash flow (approximation)€1,851€4,604€1,282€2,838€6,702▲ 136%
Change in cash---€643-€475--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2026
14-08
KBO administration Strikeout withdrawn
30-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 1003 days late
30-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 1368 days late
2025
30-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Highest result since 2019net €6,691 ▲136%
Operating result €5,876, net result €6,691, both a record.
2024
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
01-03
KBO administration Late accounts filing
event 19-02-2024
2022
31-03
Financial Back to profitnet €4,604
Net result €4,604 after one loss-making year.
2019
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
27-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
24-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2015
09-11
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
2014
06-11
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 6 days late
2013
18-11
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 18 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Oudenburg · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
3,377 m²
Building footprint
264 m²
Volume, LiDAR
1,403 m³
Parcel 35023A0801/00D000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
T-SERVICE
Oude Gistelseweg 15, 8460 OudenburgNACE 3310206
since 20022.057.399.791
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35023A0801/00D000 Flanders 3,377 m² 1 · 264 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 174 companies in sector 33190 we hold annual accounts for 62. 44 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded16-03-1992
Fiscal year end31-03
Activities, NACEBEL 2025
33190Repair, maintenance and installation of machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0446943534
Registered 20-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.