TSA PORT

Active

Public limited companyfounded 1968active for 58 yearsRomeynsweel 1a, 2030 Antwerpen, BelgiumKBO/BCE: BE 0403.803.377

Summary

The computed 12-month bankruptcy probability of TSA PORT is 4.0% (elevated). The 2024 annual accounts show equity of €2.4m and a net result of €448,879. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 31% of 1,080 sector peers (NACE 81, financial year 2024). The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

TSA PORTActiveChecked score 49/100

Risk analysis Report Compare

Activity

Other cleaning activities

NACE 81230Other building cleaning and industrial cleaning NACE 81220

10th fastest staff growth in the province of Antwerp, Building services and landscaping sector1 site

Size

€9.2mtotal assets 2024

Staff: 17.2 FTE
Equity: €2.4m
Profit: €448,879

Turnover not published (abbreviated format)

Financial health

49 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 4.0%

Structure

Parent: Fimholog SAS

2025 accounts not filed, 86 days past the deadline1 of 9 deeds summarised

Why 49raises riskLiquidity: current ratio 0.92, cash €2,933, halved1 financial year not filed after the legal deadline; last filed accounts filed 333 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 01-07-2026)lowers riskFounded in 1968Show the evidence

Checked score

Score 2024

49 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 51% of its sector peers (NACE 81, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Average

Solvency 52+1

equity 26.6% of total assets

Liquidity 40+21

short-term debt 26.1% · cash 0.0%

Profitability 75-5

return on assets 4.9%

Bankruptcy probability, 12 months

4.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (479 companies, NACE 81, small)

Last 24 months 11-2024: 4.2% 12-2024: 4.5%▲ +0.3 percentage points vs 11-2024 01-2025: 7.2%▲ +2.7 percentage points vs 12-2024highest value 02-2025: 7.2%● unchanged vs 01-2025highest value 03-2025: 7.2%● unchanged vs 02-2025highest value 04-2025: 6.6%▼ -0.6 percentage points vs 03-2025 05-2025: 6.6%● unchanged vs 04-2025 06-2025: 2.4%▼ -4.2 percentage points vs 05-2025lowest value 07-2025: 2.6%▲ +0.2 percentage points vs 06-2025 08-2025: 3.3%▲ +0.7 percentage points vs 07-2025 09-2025: 3.8%▲ +0.5 percentage points vs 08-2025 10-2025: 4.8%▲ +1.0 percentage point vs 09-2025 11-2025: 4.5%▼ -0.3 percentage points vs 10-2025 12-2025: 4.8%▲ +0.3 percentage points vs 11-2025 01-2026: 7.1%▲ +2.3 percentage points vs 12-2025 02-2026: 7.1%● unchanged vs 01-2026 03-2026: 7.1%● unchanged vs 02-2026 04-2026: 6.5%▼ -0.6 percentage points vs 03-2026 05-2026: 6.5%● unchanged vs 04-2026 06-2026: 6.5%● unchanged vs 05-2026 07-2026: 6.5%● unchanged vs 06-2026 08-2026: 3.0%▼ -3.5 percentage points vs 07-2026 09-2026: 3.5%▲ +0.5 percentage points vs 08-2026 10-2026: 4.0%▲ +0.5 percentage points vs 09-2026

Credit of up to €110,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity insufficient (current ratio 0.92, compared with 0.31 in 2023, below 1; short-term debt: 26.1% and cash: 0% of total assets), and 73.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, small): better than 31% on solvency, 32% on liquidity, 58% on profitability and 81% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Liquidity: current ratio 0.92, cash €2,933, halved

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 333 days late; 3 of the last 3 late

NBB · filings

Figures for financial year 2024 (filed 01-07-2026)

NBB · annual accounts

Founded in 1968

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline25-10-2026 today

2024 accounts filed 333 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2026, 333 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

333 days late

2023

278 days late

2022

193 days late

2021

138 days late

2020

212 days late

2019

157 days 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 219 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

29-06-2026 Annual accounts filedfinancial year 2024 · abbreviated…
05-05-2025 Annual accounts filedfinancial year 2023 · abbreviated…
31-12-2024 Equity above €2mequity €2.4m ▲22.6%

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
Positive: Among the best 7% on net resultsector median €37,799 · 1,078 companies €448,879 View
Controlled by Fimholog SAS parent View
Caution: Result fell in 2024from €697,756 to €448,879 ▼ 35.7% View
Positive: 7 profitable years in a rowprofit 2024: €448,879 7 years View
Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Financial year: 2024
Total assets: €9.2m
Profit: €448,879
Solvency: 26.6%

Go to Financials

Board & ownership

Parent: Fimholog SAS

Go to Board & ownership

Timeline

Events: 53
Since: 1978

09-02-2024Annual accounts filed
27-07-2023Resignation: Jacques DUVAUCHELLE (director)
31-12-2022Equity above €1m

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Other cleaning activitiesNACE 81230
Founded: 01-01-1968
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about TSA PORT

What is the company number of TSA PORT?: 0403.803.377. In Belgium the VAT number is the company number with BE in front: BE 0403.803.377.
Where is TSA PORT based?: The registered office is at Romeynsweel 1a, 2030 Antwerpen.Company details
What does TSA PORT do?: According to the KBO register, the main activity is other cleaning activities (NACE 81230).
What is the legal form of TSA PORT?: Public limited company (NV).
When was TSA PORT founded?: On 01-01-1968.
Is TSA PORT still active?: Yes, TSA PORT is an active enterprise in the KBO register.
How many employees does TSA PORT have?: On average 17.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of TSA PORT?: €3.0m in financial year 2018, according to the filed annual accounts.
Is TSA PORT profitable?: In financial year 2024, TSA PORT made a profit of €448,879.
Where can I find the annual accounts of TSA PORT?: TSA PORT filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2024.