TSL Projects
ActiveSummary
TSL Projects has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124,248 and a net result of €18,246. Equity has been growing by about 38% per year since 2021. Its solvency ranks better than 40% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Official details
Source: KBO- Status
- Active since 26-06-2020 Normal situation
- Activity
- Roofing work NACE 43410and 1 other
- Establishment unit
- 2.304.249.945 9620 Zottegem, since 26-06-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- €91,498
- ▼ 53.0%
- Turnover
- ≈ €390,000
- estimated
- Profit
- €18,246
- ▼ 68.5%
- Equity
- €124,248
- ▲ 17.2%
- Total assets
- €329,142
- ▼ 17.8%
- Employees on 31-12-2025
- 1
- ▼ 50.0%
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Founded in 2020Liquidity: current ratio 1.90, cash €11,818, halvedlowers riskSize: total assets €329,142Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 40% of them on solvency, 19% on liquidity, 50% on profitability and 65% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 5 accounts on average 17 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 5 profitable years in a rowprofit 2025: €18,246 5 years View
Recent changes
- · Gazette deed Registered office moved to Zottegem
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as TSL Projects: roofing work (NACE 43410). They are comparable in size and age: total assets between €301,000 and €370,000, founded between 2019 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| TSL Projects Zottegem | €329,142 | €91,498 |
| Mattez Dakwerken Aalst | €370,017 | €95,619 |
| Dakwerken R Brouwers Dessel | €303,509 | €89,085 |
| Kampfinity Beveren-Kruibeke-Zwijndrecht | €362,334 | €86,070 |
| Dak & afdichtingswerken Dens Lille | €305,961 | €83,303 |
| DAKWERKEN VAN DE GUCHT & PARTNERS Roosdaal | €363,978 | €102,053 |
| Dépann'Toit Ukkel | €300,846 | €98,035 |
Key facts about TSL Projects
- What is the company number of TSL Projects?
- The company number of TSL Projects is 0749.423.186. The VAT number is the same number with BE in front: BE 0749.423.186.
- Where is TSL Projects based?
- The registered office is at Sluizeken 23, 9620 Zottegem.Company details
- What does TSL Projects do?
- According to the KBO register, the main activity is roofing work (NACE 43410).
- What is the legal form of TSL Projects?
- The legal form of TSL Projects is Private limited company (BV).
- When was TSL Projects founded?
- TSL Projects was founded on 26-06-2020.
- Is TSL Projects still active?
- Yes, TSL Projects is an active enterprise in the KBO register.
- How many employees does TSL Projects have?
- TSL Projects had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TSL Projects?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €91,498 and 30 comparable companies (NACE 434). It probably lies between €240,000 and €530,000.
- Is TSL Projects profitable?
- In financial year 2025, TSL Projects made a profit of €18,246.
- Where can I find the annual accounts of TSL Projects?
- TSL Projects filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TSL Projects due?
- TSL Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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