Financials
- Fiscal year
- 2024
- Total assets
- €1.2m
- Profit
- €145,146
- Solvency
- 28.0%
Total assets▲ 39.4%
Net result
20182024
TS - Systems
ActiveSummary
TS - Systems has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €331,068 and a net result of €145,146. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 7462 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
Site preparation
NACE 43120
1 site
How big
€1.2mtotal assets 2024
- Staff
- 5.2 FTE
- Equity
- €331,068
- Profit
- €145,146
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 5 deeds read
Why 66- Higher-failure-rate sector+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+14
Solvency53▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity short (current ratio 0.97 against 0.95 in 2023; short-term debt: 40.6% and cash: 12.7% of total assets), and 72% 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
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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
not confirmed
2024
31 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
33 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Highest result since 2018net €145,146 ▲2,517%
- Equity above €200,000Eq €331,068 ▲78.1%
Key points
By topic
Timeline
- Events
- 16
- Since
- 2016
- 31-08-2025Annual accounts filed
- 31-12-2024Highest result since 2018
- 31-12-2024Equity above €200,000
Support & recognitions
- Recognitions
- 2 registers
- Registered contractor
- 5categories
- LEI
- active254900XZVAAQZFV0A864
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 09-02-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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