TS-PROD

Open bankruptcy

Private limited companyfounded 2017Rue de Gembloux, Rhisnes 5, 5080 La Bruyère, BelgiumKBO/BCE: BE 0686.574.710

A bankruptcy procedure is open for TS-PROD according to publications in the Belgian State Gazette; curator: CHRISTINE REMIENCE. The 2024 annual accounts show negative equity (€-23k) and a net result of €-18k.

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €-23k

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 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 · 7 filings

Deviation from the deadline

2025

not confirmed

2024

23 d late

2023

29 d late

2022

59 d late

2021

61 d late

2020

201 d late

2019

105 d late

← before the deadline after the deadline →

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

€-23k▼ 386%

2023 · €-5k

2018: €12k 2019: €27k 2020: €18k 2021: €18k 2022: €-5k 2023: €-5k

2018 → 2024

Total assets

€66k▼ 9.6%

2023 · €73k

2018: €45k 2019: €119k 2020: €90k 2021: €114k 2022: €100k 2023: €73k

2018 → 2024

Net result

€-18k▼ 6,376%

2023 · €-285

2018: €5k 2019: €15k 2020: €-8k 2021: €-6k 2022: €-29k 2023: €-285

2018 → 2024

Working capital

€-80k▼ 11.9%

2023 · €-71k

2018: €-3k 2019: €-62k 2020: €-70k 2021: €-70k 2022: €-81k 2023: €-71k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€18k-€18k▲ 0.4%€-5k€-5k▼ 6.3%€-23k▼ 386%

Operating result€-8k-€-5k▲ 35.3%€-28k▼ 469%€3k€-18k

Net result€-8k-€-6k▲ 27.7%€-29k▼ 374%€-285▲ 99.0%€-18k▼ 6,376%

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 2024: a loss of €18k after €3k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €66k

85.3%

14.7%

Fixed assets €56k▼ 15.1%

Current assets €10k▲ 45.3%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-7k▼

2023 · €15k

Cash flow

€-7k▼

2023 · €11k

Solvency

-35.2%▼

2023 · -6.6%

Current ratio

0.11▲

2023 · 0.09

Quick ratio

0.11▲

2023 · 0.09

Debt / equity

-3.84▲

2023 · -16.25

ROA

-28.0%▼

2023 · -0.4%

Interest coverage

-90.67▼

2023 · 33.20

Debt

€89k▲

2023 · €78k

Debt ≤ 1 year

€89k▲

2023 · €78k

Staff costs

€46k▼

2023 · €51k

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€73k€66k▼

Fixed assets21/28€66k€56k▼

Tangible fixed assets22/27€59k€49k▼

Plant, machinery and equipment23€759€542▼

Other tangible fixed assets26€58k€48k▼

Financial fixed assets28€8k€8k=

Current assets29/58€7k€10k▲

Amounts receivable within one year40/41€490-

Other amounts receivable41€490-

Cash at bank and in hand54/58€6k€10k▲

Deferred charges and accrued income490/1€176-

Equity and liabilities

Total equity and liabilities10/49€73k€66k▼

Equity10/15€-5k€-23k▼

Contributions10/11€19k€19k=

Capital10€19k€19k=

Issued capital100€19k€19k=

Profit (loss) carried forward14€-24k€-42k▼

Amounts payable17/49€78k€89k▲

Amounts payable within one year42/48€78k€89k▲

Trade debts44€2k€964▼

Suppliers440/4€2k€964▼

Taxes, remuneration and social security45€19k€31k▲

Taxes450/3€17k€29k▲

Remuneration and social security454/9€2k€2k▼

Other amounts payable47/48€58k€57k▼

Income statement Code20232024

Remuneration, social security and pensions62€51k€46k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲

Other operating charges640/8-€13k

Gross operating margin9900€65k€52k▼

Operating profit (loss)9901€3k€-18k▼

Financial charges65/66B€437€75▼

Recurring financial charges65€437€75▼

Profit (loss) for the period before taxes9903€3k€-18k▼

Income taxes67/77€3k-

Profit (loss) for the period9904€-285€-18k▼

Profit (loss) for the period to be appropriated9905€-285€-18k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-24k€-42k▼

Profit (loss) brought forward from the previous period14P€-24k€-24k▼

The notes to these accounts (5 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

All 10Signals 1Financial 2Filings 7

2026

09-04

Bankruptcy Opening

Tribunal de l’entreprise de Liège, division Namur · TS-PROD SRL RUE DE GEMBLOUX, 5, 5080 RHISNES · event 02-04-2026

2025

23-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 23 days late

2024

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

28-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 59 days late

2022

31-12

Financial Weakest financial yearnet €-29k

Net result drops to €-29k, the lowest in the series.

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

17-02

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 201 days late

2020

13-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 105 days late

2019

31-12

Financial Highest result since 2018net €15k ▲217%

Operating result €28k, net result €15k, both a record.

05-12

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 127 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2024

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

29-01-2024 Laska Brunilda: Resigned as Managing director

30-06-2018 Palmira MODIMOLA CONCHA: Resigned as Managing director

21-06-2018 Michèle LENDERS: Resigned as Managing director

Location & real-estate footprint

Registered office, La Bruyère · 1 establishment unit since 2018

establishment The establishment unit on the map

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 Gembloux, Rhisnes 55080 La Bruyère

Ground area

1,846 m²

Building footprint