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TCS

Active
Private limited companyfounded 200818 yrs activeHolleweg 92, 2950 Kapellen, BelgiumKBO/BCE: BE 0806.078.116

TCS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €272k and a net result of €51k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 68% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
100 / 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+34
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.64 against 3.25 in 2023), and 23.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €272k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-01-2026, 166 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
166 d late
2023
92 d late
2022
93 d late
2021
41 d early
2020
107 d late
2019
152 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€272k▲ 22.8%
2023 · €222k
2018: €322k 2019: €336k 2020: €347k 2021: €351k 2022: €195k 2023: €222k
2018 → 2024
Total assets
€356k▲ 9.6%
2023 · €325k
2018: €406k 2019: €437k 2020: €426k 2021: €415k 2022: €290k 2023: €325k
2018 → 2024
Net result
€51k▲ 92.6%
2023 · €26k
2018: €3k 2019: €14k 2020: €11k 2021: €4k 2022: €27k 2023: €26k
2018 → 2024
Working capital
€206k▲ 28.3%
2023 · €161k
2018: €298k 2019: €312k 2020: €319k 2021: €306k 2022: €147k 2023: €161k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€347k-€351k▲ 1.2%€195k▼ 44.4%€222k▲ 13.4%€272k▲ 22.8%
Operating result€12k-€-892€36k€32k▼ 10.9%€39k▲ 22.3%
Net result€11k-€4k▼ 63.2%€27k▲ 565%€26k▼ 4.1%€51k▲ 92.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2020: €12k€12kNet result 2020: €11k€11kOperating result 2021: €-892€-892Net result 2021: €4k€4kOperating result 2022: €36k€36kNet result 2022: €27k€27kOperating result 2023: €32k€32kNet result 2023: €26k€26kOperating result 2024: €39k€39kNet result 2024: €51k€51k20202021202220232024
The operating result recovers in 2024; 2024 is 22% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €356k
Fixed assets €93k▲ 0.5%
Current assets €263k▲ 13.2%
Equity and liabilities €356k
Equity €272k▲ 22.8%
Provisions €23k=
Debt €61k▼ 24.2%
The debt ratio falls from 24.6% to 17.0%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€42k
2023 · €34k
Cash flow
€54k
2023 · €28k
Solvency
76.5%
2023 · 68.3%
Current ratio
4.64
2023 · 3.25
Quick ratio
4.64
2023 · 3.25
Debt / equity
0.22
2023 · 0.36
ROE
18.6%
2023 · 11.8%
ROA
14.2%
2023 · 8.1%
Interest coverage
32.03
2023 · 39.84
Debt
€61k
2023 · €80k
Debt ≤ 1 year
€57k
2023 · €71k
Debt > 1 year
€2k
2023 · €7k
Income taxes
€-9k
2023 · €10k
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€325k€356k
Fixed assets21/28€92k€93k
Tangible fixed assets22/27€88k€93k
Land and buildings22€86k€86k
Furniture and vehicles24€2k€7k
Financial fixed assets28€5k€0
Current assets29/58€232k€263k
Amounts receivable within one year40/41€149k€184k
Trade receivables40€14k€6k
Other amounts receivable41€135k€177k
Current investments50/53€41k€28k
Cash at bank and in hand54/58€31k€38k
Deferred charges and accrued income490/1€11k€13k
Equity and liabilities
Total equity and liabilities10/49€325k€356k
Equity10/15€222k€272k
Contributions10/11€12k€12k=
Reserves13€25k€45k
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€21k€41k
Profit (loss) carried forward14€185k€215k
Provisions and deferred taxes16€23k€23k=
Provisions for liabilities and charges160/5€23k€23k=
Pensions and similar obligations160€10k€10k=
Other liabilities and charges164/5€13k€13k=
Amounts payable17/49€80k€61k
Amounts payable after more than one year17€7k€2k
Financial debts170/4€7k€2k
Amounts payable within one year42/48€71k€57k
Current portion of amounts payable after more than one year42€9k€9k
Trade debts44€2k€6k
Suppliers440/4€2k€6k
Taxes, remuneration and social security45€60k€42k
Taxes450/3€57k€38k
Remuneration and social security454/9€3k€5k
Accrued charges and deferred income492/3€2k€2k=
Income statement Code20232024
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-5k-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0
Other operating charges640/8€2k€2k
Gross operating margin9900€31k€44k
Operating profit (loss)9901€32k€39k
Financial income75/76B€6k€9k
Recurring financial income75€6k€9k
Financial charges65/66B€849€6k
Recurring financial charges65€849€1k
Non-recurring financial charges66B-€5k
Profit (loss) for the period before taxes9903€37k€42k
Income taxes67/77€10k€-9k
Profit (loss) for the period9904€26k€51k
Profit (loss) for the period to be appropriated9905€26k€51k
Appropriation of the result
Profit (loss) to be appropriated9906€206k€235k
Profit (loss) brought forward from the previous period14P€179k€185k
Transfer to equity691/2€21k€20k
To other reserves6921€21k€20k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
13-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 166 days late
2024
31-12
Financial Highest result since 2018net €51k ▲92.6%
Operating result €39k, net result €51k, both a record.
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial Equity above €200kEq €222k ▲13.4%
6 profitable years in a row build equity to €222k.
01-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 93 days late
2022
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
15-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 107 days late
2020
30-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
2019
21-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 82 days late
2018
16-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 108 days late
2017
17-10
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 78 days late
2016
16-11
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 108 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Kapellen · 1 establishment unit since 2008
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.

Holleweg 922950 Kapellen
Ground area
1,963 m²
Building footprint
159 m²
Volume, LiDAR
772 m³
Parcel 11362M0033/00R000, Flanders · tallest building 9.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TCS
Holleweg 92, 2950 KapellenRetail trade
since 20082.174.716.145
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11362M0033/00R000 Flanders 1,963 m² 1 · 159 m² 9.3 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.

Similar companies · same sector, comparable size

Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 13,948 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-09-2008
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.