TS CORPORATION
ActiveSummary
TS CORPORATION has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €11k. Its solvency ranks better than 66% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency99▼-1
Growth52
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.46 against 4.26 in 2024; short-term debt: 26.1% and cash: 32.5% of total assets), and 26.1% 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 risk○neutral
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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.9%
Return on assets
33.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 2 filingsDeviation from the deadline
2025
26 d late
2024
59 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€24k▲ 81.2%
2024 · €13k
2024: €13k
2024 → 2025
Total assets
€33k▲ 87.6%
2024 · €18k
2024: €18k
2024 → 2025
Net result
€11k▼ 18.2%
2024 · €13k
2024: €13k
2024 → 2025
Working capital
€21k▲ 57.3%
2024 · €13k
2024: €13k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€13k-€24k▲ 81.2%
Operating result€17k-€14k▼ 17.9%
Net result€13k-€11k▼ 18.2%
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 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€3k
Current assets
€30k
Equity and liabilities €33k
Equity
€24k ▲ 81.2%
Debt
€9k ▲ 109%
Debt's share of the balance-sheet total rises from 23.5% to 26.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k
Cash flow
€11k
Current ratio
3.46▼
2024 · 4.26
Quick ratio
2.06▼
2024 · 4.26
Debt to equity
0.35▲
2024 · 0.31
ROE
44.8%▼
2024 · 99.3%
ROA
33.1%▼
2024 · 76.0%
Interest coverage
240.90
Debt ≤ 1 year
€9k▲
2024 · €4k
Income taxes
€3k▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18k€33k▲
Fixed assets21/28-€3k
Tangible fixed assets22/27-€3k
Land and buildings22-€3k
Current assets29/58€18k€30k▲
Stocks and contracts in progress3-€12k
Stocks30/36-€12k
Amounts receivable within one year40/41€3k€7k▲
Trade receivables40€3k€7k▲
Other amounts receivable41-€232
Cash at bank and in hand54/58€14k€11k▼
Equity and liabilities
Total equity and liabilities10/49€18k€33k▲
Equity10/15€13k€24k▲
Contributions10/11€100€100=
Profit (loss) carried forward14€13k€24k▲
Amounts payable17/49€4k€9k▲
Amounts payable within one year42/48€4k€9k▲
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€139
Other operating charges640/8€80-
Gross operating margin9900€17k€14k▼
Operating profit (loss)9901€17k€14k▼
Financial charges65/66B€42€58▲
Recurring financial charges65€42€58▲
Profit (loss) for the period before taxes9903€17k€14k▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€13k€11k▼
Profit (loss) for the period to be appropriated9905€13k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€24k▲
Profit (loss) brought forward from the previous period14P-€13k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Ellezelles · 1 establishment unit since 2023
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.
Rue De Lattre 1B7890 EllezellesGround area
6,472 m²
Building footprint
338 m²
Volume, LiDAR
2,140 m³
Parcel 51063D0264/00A000, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TS CORPORATION
since 20232.353.343.130
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51063D0264/00A000 | Wallonia | 6,472 m² | 1 · 338 m² | 9.2 m · 2 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
GENATRONICS
BE 0879.148.513
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ELIPSYS
BE 0672.955.514
Amay · Eq €24,354
ARISTA SOLUTIONS
BE 1024.340.982
Sint-Lambrechts-Woluwe · Eq €24,354
FRONTLINE TECHNOLOGIES
BE 0699.867.767
Tongeren-Borgloon · Eq €24,347
AB INVESTIMMO
BE 1026.402.530
Jurbise · Eq €24,346
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 13,736 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
68121Development of residential building projects
47120Other non-specialised retail sale
62900Other information technology and computer services
62100Computer programming
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.