TOTAL PROJECT SOLUTIONS
ActiveSummary
TOTAL PROJECT SOLUTIONS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261,308 and a net result of -€8,597. Equity is growing by ~23% per year across the filed fiscal years. Its solvency ranks better than 59% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-7
Solvency90▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity ample (current ratio 10.89 against 2.55 in 2024; short-term debt: 4.7% and cash: 4.9% of total assets), and 34.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
48 d late
2024
31 d late
2023
44 d late
2022
60 d late
2021
31 d late
2020
16 d late
2019
39 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 27 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 14 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#5 oldest company in Trooz, Professional and technical services sector#9 company by equity in Trooz, Professional and technical services sector
Equity
€261,308▼ 3.2%
2024 · €269,905
Total assets
€400,785▼ 18.2%
2024 · €489,875
Net result
-€8,597
2024 · €16,956
Working capital
€185,899▲ 13.7%
2024 · €163,476
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 70, Activities of head offices; management consultancy activities, 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
Line20212022202320242025
Operating result-€10,060€89,252€25,849▼ 71.0%€50,681▲ 96.1%-€461
Net result€17,488within the sector's middle half▼ 78.5%€105,635above the sector's middle half▲ 504%€21,338within the sector's middle half▼ 79.8%€16,956within the sector's middle half▼ 20.5%-€8,597below the sector's middle half
Equity€125,976within the sector's middle half▲ 16.1%€231,611within the sector's middle half▲ 83.9%€252,949above the sector's middle half▲ 9.2%€269,905above the sector's middle half▲ 6.7%€261,308above the sector's middle half▼ 3.2%
Total assets€475,753within the sector's middle half▼ 10.2%€475,764within the sector's middle half=€457,511within the sector's middle half▼ 3.8%€489,875above the sector's middle half▲ 7.1%€400,785within the sector's middle half▼ 18.2%
Debt€236,101▼ 23.3%€130,478▼ 44.7%€90,888▼ 30.3%€106,296▲ 17.0%€25,802▼ 75.7%
Working capital€131,027within the sector's middle half▲ 35.8%€158,037above the sector's middle half▲ 20.6%€156,023above the sector's middle half▼ 1.3%€163,476above the sector's middle half▲ 4.8%€185,899above the sector's middle half▲ 13.7%
Solvency26.5%within the sector's middle half▲ 6.0pp48.7%within the sector's middle half▲ 22.2pp55.3%within the sector's middle half▲ 6.6pp55.1%within the sector's middle half▼ 0.2pp65.2%within the sector's middle half▲ 10.1pp
Current ratio2.38within the sector's middle half▲ 0.803.13within the sector's middle half▲ 0.763.07within the sector's middle half▼ 0.072.55within the sector's middle half▼ 0.5210.89above the sector's middle half▲ 8.34
Return on assets (ROA)3.7%within the sector's middle half▼ 11.7pp22.2%within the sector's middle half▲ 18.5pp4.7%within the sector's middle half▼ 17.5pp3.5%within the sector's middle half▼ 1.2pp-2.1%below the sector's middle half▼ 5.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €461 after €50,681 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €400,785
Fixed assets
€196,090 ▼ 11.2%
Current assets
€204,694 ▼ 23.9%
Equity and liabilities €400,785
Equity
€261,308 ▼ 3.2%
Provisions
€113,675 =
Debt
€25,802 ▼ 75.7%
Debt's share of the balance-sheet total falls from 21.7% to 6.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€21,289▼
2024 · €70,913
Cash flow
€13,153▼
2024 · €37,187
Debt to equity
0.10▼
2024 · 0.39
ROE
-3.3%▼
2024 · 6.3%
Interest coverage
42.24▼
2024 · 61.34
Debt ≤ 1 year
€18,795▼
2024 · €105,546
Income taxes
€7,655▼
2024 · €32,570
Staff costs
€2,181▼
2024 · €12,311
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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%.
| 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 12,321 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €320 | €4,381 | €12,311 | €2,181 | ▼ 82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,327 | €19,558 | €18,544 | €20,232 | €21,750 | ▲ 7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €17,436 | €17,436 | - | €17,436 | - |
| Other operating charges640/8 | - | - | - | €14,816 | €3,591 | ▼ 75.8% |
| Non-recurring operating charges66A | €3,315 | €5,798 | €6,073 | - | - | - |
| Gross operating margin9900 | €10,582 | €132,363 | €72,282 | €98,040 | €44,496 | ▼ 54.6% |
| Operating profit (loss)9901 | -€10,060 | €89,252 | €25,849 | €50,681 | -€461 | ▼ 101% |
| Financial income75/76B | €31,530 | €19,649 | €15,380 | €0 | €23 | ▲ 227,900% |
| Recurring financial income75 | €31,530 | €19,649 | €15,380 | €0 | €23 | ▲ 227,900% |
| Non-recurring financial income76B | €31,530 | €19,649 | €15,380 | - | - | - |
| Financial charges65/66B | €3,982 | €3,266 | €2,333 | €1,156 | €504 | ▼ 56.4% |
| Recurring financial charges65 | €3,982 | €3,266 | €2,333 | €1,156 | €504 | ▼ 56.4% |
| Non-recurring financial charges66B | €3,982 | €3,266 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €17,488 | €105,635 | €38,896 | €49,525 | -€942 | ▼ 102% |
| Income taxes67/77 | - | - | €17,558 | €32,570 | €7,655 | ▼ 76.5% |
| Profit (loss) for the period9904 | €17,488 | €105,635 | €21,338 | €16,956 | -€8,597 | ▼ 151% |
| Profit (loss) for the period to be appropriated9905 | €17,488 | €105,635 | €21,338 | €16,956 | -€8,597 | ▼ 151% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €475,753 | €475,764 | €457,511 | €489,875 | €400,785 | ▼ 18.2% |
| Fixed assets21/28 | €249,700 | €243,682 | €225,982 | €220,854 | €196,090 | ▼ 11.2% |
| Tangible fixed assets22/27 | €249,650 | €243,632 | €225,932 | €220,804 | €196,040 | ▼ 11.2% |
| Land and buildings22 | €234,235 | €211,750 | €209,759 | €205,897 | €184,447 | ▼ 10.4% |
| Plant, machinery and equipment23 | €600 | - | €361 | €302 | €242 | ▼ 19.8% |
| Furniture and vehicles24 | €13,920 | €11,253 | €8,967 | €7,761 | €4,508 | ▼ 41.9% |
| Other tangible fixed assets26 | €895 | €20,629 | €6,844 | €6,844 | €6,844 | = |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €226,053 | €232,082 | €231,530 | €269,022 | €204,694 | ▼ 23.9% |
| Amounts receivable within one year40/41 | €204,309 | €187,686 | €191,461 | €250,141 | €95,868 | ▼ 61.7% |
| Trade receivables40 | €204,309 | €185,334 | €186,375 | €241,147 | €64,752 | ▼ 73.1% |
| Other amounts receivable41 | €0 | €2,352 | €5,087 | €8,994 | €31,115 | ▲ 246% |
| Cash at bank and in hand54/58 | €21,744 | €43,796 | €40,069 | €17,282 | €19,804 | ▲ 14.6% |
| Deferred charges and accrued income490/1 | - | €600 | - | €1,599 | €89,023 | ▲ 5,469% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €475,753 | €475,764 | €457,511 | €489,875 | €400,785 | ▼ 18.2% |
| Equity10/15 | €125,976 | €231,611 | €252,949 | €269,905 | €261,308 | ▼ 3.2% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | €61,973 | €61,973 | - | - | - | - |
| Issued capital100 | €61,973 | €61,973 | - | - | - | - |
| Reserves13 | €19,512 | €19,512 | €19,512 | €19,512 | €19,512 | = |
| Non-distributable reserves130/1 | €10,230 | €10,230 | €10,230 | €10,230 | €10,230 | = |
| Legal reserve130 | €10,230 | €10,230 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €10,230 | €10,230 | €10,230 | = |
| Distributable reserves133 | €9,283 | €9,283 | €9,283 | €9,283 | €9,283 | = |
| Profit (loss) carried forward14 | €44,490 | €150,125 | €171,463 | €188,419 | €179,822 | ▼ 4.6% |
| Provisions and deferred taxes16 | €113,675 | €113,675 | €113,675 | €113,675 | €113,675 | = |
| Provisions for liabilities and charges160/5 | €113,675 | €113,675 | €113,675 | €113,675 | €113,675 | = |
| Pensions and similar obligations160 | €113,675 | €113,675 | €113,675 | €113,675 | €113,675 | = |
| Amounts payable17/49 | €236,101 | €130,478 | €90,888 | €106,296 | €25,802 | ▼ 75.7% |
| Amounts payable after more than one year17 | €141,076 | €56,345 | €13,290 | - | - | - |
| Financial debts170/4 | €141,076 | €56,345 | €13,290 | - | - | - |
| Amounts payable within one year42/48 | €95,026 | €74,045 | €75,507 | €105,546 | €18,795 | ▼ 82.2% |
| Current portion of amounts payable after more than one year42 | €3,588 | €46,411 | €46,600 | €16,437 | - | - |
| Trade debts44 | €1,037 | €18,222 | - | €9,147 | €4,949 | ▼ 45.9% |
| Suppliers440/4 | €1,037 | €18,222 | - | €9,147 | €4,949 | ▼ 45.9% |
| Taxes, remuneration and social security45 | €12,829 | €9,412 | €28,826 | €20,218 | €13,846 | ▼ 31.5% |
| Taxes450/3 | €6,450 | - | €28,326 | €20,218 | €13,846 | ▼ 31.5% |
| Remuneration and social security454/9 | €6,379 | €9,412 | €500 | - | - | - |
| Other amounts payable47/48 | €77,571 | - | €80 | €59,744 | - | - |
| Accrued charges and deferred income492/3 | - | €88 | €2,090 | €750 | €7,007 | ▲ 834% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,488 | €105,635 | €21,338 | €16,956 | -€8,597 | ▼ 151% |
| + Depreciation and write-downs630 | €17,327 | €19,558 | €18,544 | €20,232 | €21,750 | ▲ 7.5% |
| Operating cash flow (approximation) | €34,815 | €125,192 | €39,882 | €37,187 | €13,153 | ▼ 64.6% |
| Investment in fixed assets (approximation) | - | -€13,540 | -€843 | -€15,104 | €3,014 | ▲ 120% |
| Change in cash | - | €22,052 | -€3,728 | -€22,787 | €2,522 | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 10.89
Current ratio from 2.55 to 10.89; short-term debt falls from €105,546 to €18,795.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Highest result since 2018net €105,635 ▲504%
Net result €105,635, the highest in the series.
31-12
Financial
Equity above €200,000Eq €231,611 ▲83.9%
4 profitable years in a row build equity to €231,611.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Equity above €100,000Eq €108,487 ▲298%
2 profitable years in a row build equity to €108,487.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €9,128
Net result €9,128 after one loss-making year.
Show earlier events
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 8 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Trooz · 1 establishment unit since 1998
Ground area
484 m²
Building footprint
148 m²
Volume, LiDAR
1,763 m³
Parcel 62040D0122/00D000, Wallonia · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TPS
since 19982.087.047.149
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62040D0122/00D000 | Wallonia | 484 m² | 1 · 148 m² | 15.5 m · 4 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.
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Of 82,601 companies in this sector we hold annual accounts for 52,629. 38,787 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded04-06-1998
Fiscal year end31-12
Abbreviation NL
T.P.S.
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463444818
Also
9925:BE0463444818
Registered
29-01-2026
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.