TNSE Studios
The computed 12-month bankruptcy probability of TNSE Studios is 1.5% (moderate). The 2025 annual accounts show equity of €1.42M and a net result of €683k. Equity is growing by ~75.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 195 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.42M |
| Net result | €683k |
| Staff (FTE) | 4.9 |
| Better than sector | 64% |
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?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 36.9% | 22.0% | |
| Net result | €683k | €6k | |
| Equity | €1.42M | €22k | |
| Gross operating margin | €1.52M | €33k | |
| Staff costs | €259k | €31k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €1.24M |
| Net profit | €683k |
| Cash flow | €1.05M |
| Staff costs | €259k |
| Income taxes | €138k |
| Dividends | - |
| Total assets | €3.85M |
| Equity | €1.42M |
| Debt | €2.43M |
| of which ≤ 1y | €1.22M |
| of which > 1y | €1.21M |
| Working capital | €-395k |
| Employees (FTE) | 4.9 |
| 2025 | |
|---|---|
| Current ratio | 0.68 |
| Quick ratio | 0.66 |
| Working capital ratio | -10.2% |
| Solvency | 36.9% |
| Debt / equity | 1.71 |
| Long-term debt ratio | 0.85 |
| Interest coverage | 11.29 |
| Gross margin | - |
| Net margin | - |
| ROA | 17.7% |
| ROE | 48.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.85M |
| Fixed assets | 21/28 | €3.03M |
| Intangible fixed assets | 21 | €6k |
| Tangible fixed assets | 22/27 | €3.02M |
| Current assets | 29/58 | €827k |
| Stocks & contracts in progress | 3 | €18k |
| Amounts receivable within one year | 40/41 | €114k |
| Investments | 50/53 | €296k |
| Cash & bank | 54/58 | €391k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.85M |
| Equity | 10/15 | €1.42M |
| Contributions / capital | 10/11 | €350k |
| Reserves | 13 | €1.07M |
| Amounts payable | 17/49 | €2.43M |
| Amounts payable after one year | 17 | €1.21M |
| Amounts payable within one year | 42/48 | €1.22M |
| Trade debts payable within one year | 44 | €754k |
| Income statement | ||
| Gross operating margin | 9900 | €1.52M |
| Operating result | 9901 | €877k |
| Financial income | 75 | €54k |
| Financial charges | 65 | €110k |
| Result before taxes | 9903 | €821k |
| Income taxes | 67/77 | €138k |
| Net result for the period | 9904 | €683k |
| Result to be appropriated | 9905 | €683k |
-
Fred RoystonLegal entityDirector· perm. rep.: Frederik ReyndersState Gazette act 25013765 (27-01-2025)Current03-12-2024 → present
-
NimbusLegal entityDirector· perm. rep.: Nikolaas Van de LoockState Gazette act 25013765 (27-01-2025)Current03-12-2024 → present
Former directors (2)
-
Former- → 03-12-2024
-
Former- → 03-12-2024
| NACE primary | 93130 |
| Legal form | Private limited company(610) |
| Incorporation | 29-04-2021 |
| Status | Active |
| Postal code | 2018 |
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. |
|---|---|---|---|---|
| 44021A2756/02F002 | Flanders | 4,237 m² | 1 · 1,979 m² | 21.2 m · 5 fl. |
| 11807G1457/19D000 | Flanders | 908 m² | - | - |
| 11324D0561/00B002 | Flanders | 681 m² | 1 · 460 m² | 12.5 m · 1 fl. |
| 11806F1307/00W007 | Flanders | 631 m² | 1 · 594 m² | 20.3 m · 5 fl. |
| 11804D3491/00G007 | Flanders | 373 m² | 1 · 156 m² | 15.9 m · 4 fl. |
| 44804D2537/00Y005 | Flanders | 311 m² | 1 · 301 m² | 18.1 m · 3 fl. |
| 11804D3482/00D000 | Flanders | 258 m² | 1 · 258 m² | 19.3 m · 2 fl. |
| 11811L3627/00X000 | Flanders | 120 m² | 1 · 120 m² | 18.3 m · 5 fl. |
| 11810K1613/00T008 | Flanders | 96 m² | 1 · 96 m² | 13.6 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-10-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"notary": {
"name": "Yorik DESMYTTERE",
"firm_city": null,
"firm_name": "BERQUIN NOTARISSEN",
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-10-21",
"filing_date": "2025-10-17",
"act_kind_objet": "DIVERSEN"
},
"key_dates": [
{
"date": "2025-10-03",
"label": "akte date"
},
{
"date": "2025-10-17",
"label": "Neergelegd"
},
{
"date": "2025-10-21",
"label": "Bijlagen bij het Belgisch Staatsblad"
}
],
"key_parties": [
{
"kbo": "0767632462",
"kind": "org",
"name": "TNSE Studios",
"role": "Vennootschap"
},
{
"kind": "person",
"name": "Yorik DESMYTTERE",
"role": "notaris"
},
{
"kind": "org",
"name": "BERQUIN NOTARISSEN",
"role": "Notarisfirma"
}
],
"key_amounts_eur": [],
"subject_company": {
"kbo": "0767.632.462",
"name_full": "TNSE Studios",
"legal_form": "Besoloten Vennootschap"
},
"publication_proxy": {
"kind": null
},
"summary_narrative": "",
"co_filed_documents": [],
"detected_real_type": "statutes_change"
}27-01-2025 2 directors appointed, 2 resigning
- Nikolaas Van de Loock, Bestuurder
- Frederik Reynders, Bestuurder
- Nikolaas Van de Loock, Bestuurder
- Frederik Reynders, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Nikolaas Van de Loock",
"address": null,
"birth_date": null
},
"effective_date": "2024-12-03",
"evidence_quote": "De algemene vergadering beslist met \u00E9\u00E9nparigheid van stemmen om Nikolaas Van de Loock, Boekhoutstraat 10 te 9860 Oosterzele te ontslaan als bestuurder met ingang vanaf heden.",
"discharge_granted": true
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Frederik Reynders",
"address": null,
"birth_date": null
},
"effective_date": "2024-12-03",
"evidence_quote": "De algemene vergadering beslist met \u00E9\u00E9nparigheid van stemmen om Frederik Reynders, Lange Lozanastraat 190 te 2018 Antwerpen te ontslaan als bestuurder met ingang vanaf heden.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Nikolaas Van de Loock",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "1016232574",
"name": "BV Nimbus",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2024-12-03",
"evidence_quote": "De algemene vergadering beslist met \u00E9\u00E9nparigheid van stemmen om de BV Nimbus, gekend onder het nummer BE1016.232.574, Boekhoutstraat 10 te 9860 Oosterzele, vertegenwoordigd door Nikolaas Van de Loock, te benoemen als bestuurder met ingang vanaf heden."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Frederik Reynders",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "1012158178",
"name": "BV Fred Royston",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2024-12-03",
"evidence_quote": "De algemene vergadering beslist met \u00E9\u00E9nparigheid van stemmen om de BV Fred Royston, gekend onder het nummer BE1012.158.178, Lange Lozanastraat 190 te 2018 Antwerpen, vertegenwoordigd door Frederik Reynders te benoemen als bestuurder met ingang vanaf heden"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0767.632.462",
"name_full": "TNSE STUDIOS",
"legal_form": "BV"
}
}18-10-2021 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2021-10-14",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0767.632.462",
"name_full": "TNSE STUDIOS",
"legal_form": "BV"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}03-05-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "2018 Antwerpen, Lange Lozanastraat 190",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "REYNDERS Frederik",
"niss": null,
"address": "2540 Hove, Boshoekstraat 99"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5000,
"holder_person_name": "REYNDERS Frederik",
"is_subscriber_only": false,
"n_shares_subscribed": 5000,
"amount_subscribed_eur": 5000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "VAN dE LOOCK Nikolaas Peter Carin",
"niss": null,
"address": "Amsterdam (Nederland), Nassaukade 123-4, 1052EC"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5000,
"holder_person_name": "VAN dE LOOCK Nikolaas Peter Carin",
"is_subscriber_only": false,
"n_shares_subscribed": 5000,
"amount_subscribed_eur": 5000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0767.632.462",
"name_full": "TNSE Studios",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-04-23",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | TNSE Studios |