Checked.be
Active
BE 0794.437.621Private limited company
TSP SOLUTIONS
Donkerputstraat 67 ·9240 Zele, Belgium· 3 yrs active
Sector: General electrical installation work
(43211)
Conclusion
The computed 12-month bankruptcy probability of TSP SOLUTIONS is 5.7% (elevated). The 2024 annual accounts show negative equity (€-5k) and a net result of €-16k. Its solvency ranks better than 5% of 11123 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €-5k |
| Net result | €-16k |
| Staff (FTE) | 1 |
| Better than sector | 5% |
Financial profile
53
/ 100
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Health
7
Profitability
100
Solvency
33
Growth
32
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
7
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 25-06-2025 with the NBB · fiscal year 2024 · micro schema
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -30.5% | 40.8% | |
| Net result | €-16k | €11k | |
| Equity | €-5k | €34k | |
| Gross operating margin | €-1k | €35k | |
| Staff costs | €8k | €24k |
€-10k
-
23-24
€-16k
-
23-24
€-11k
-
23-24
€17k
-17.9%
23-24
€-5k
-
23-24
€-16k
-
23-24
1
-
23-24
€8k
-
23-24
€4k
-
23-24
€22k
+129.3%
23-24
€22k
+129.3%
23-24
0.26
-78.4%
23-24
0.26
-78.4%
23-24
-30.5%
-
23-24
-4.28
-
23-24
312.5%
+227.7%
23-24
-95.4%
-
23-24
-50.91
-
23-24
Figures by fiscal year and ratios
| Fiscal year | 2024 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-10k |
| Net profit | €-16k |
| Cash flow | €-11k |
| Staff costs | €8k |
| Income taxes | - |
| Dividends | - |
| Total assets | €17k |
| Equity | €-5k |
| Debt | €22k |
| of which ≤ 1y | €22k |
| of which > 1y | - |
| Working capital | €-16k |
| Employees (FTE) | 1.0 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.26 |
| Quick ratio | 0.26 |
| Working capital ratio | -96.2% |
| Solvency | -30.5% |
| Debt / equity | -4.28 |
| Long-term debt ratio | - |
| Interest coverage | -50.91 |
| Gross margin | - |
| Net margin | - |
| ROA | -95.4% |
| ROE | 312.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Balance-sheet composition 2024
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €17k |
| Fixed assets | 21/28 | €11k |
| Tangible fixed assets | 22/27 | €11k |
| Current assets | 29/58 | €6k |
| Amounts receivable within one year | 40/41 | €5k |
| Cash & bank | 54/58 | €198 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €17k |
| Equity | 10/15 | €-5k |
| Contributions / capital | 10/11 | €500 |
| Reserves | 13 | €10k |
| Accumulated profits (losses) | 14 | €-16k |
| Amounts payable | 17/49 | €22k |
| Amounts payable within one year | 42/48 | €22k |
| Trade debts payable within one year | 44 | €17k |
| Income statement | ||
| Gross operating margin | 9900 | €-1k |
| Operating result | 9901 | €-16k |
| Financial charges | 65 | €204 |
| Result before taxes | 9903 | €-16k |
| Net result for the period | 9904 | €-16k |
| Result to be appropriated | 9905 | €-16k |
Directors & mandates
Current directors & mandates
-
Dehr. Thiébaut SébastienDirectorState Gazette act 24097432 (28-06-2024)Current08-05-2024 → present
2 events
- 08-05-2024 Resigned· Director
- 08-05-2024 Appointed· Director
Former directors (1)
-
Dehr. Haeck MichaëlDirectorState Gazette act 24097432 (28-06-2024)Former- → 08-05-2024
Legal Structure
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 06-12-2022 |
| Status | Active |
| Postal code | 9240 |
Establishment units
TSP SOLUTIONS
since 20222.338.649.511
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028A0615/00L000 | Flanders | 995 m² | 1 · 63 m² | 3.6 m · 1 fl. |
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.
Updates
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
State Gazette act
Director changes
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
State Gazette actNBB filing
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 2 years ago
2024
28-06-2024 1 director appointed, 2 resigning
- Dehr. Thiébaut Sébastien, Bestuurder
- Dehr. Haeck Michaël, Bestuurder
- Dehr. Thiébaut Sébastien, Bestuurder
Technical details
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],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-06-28",
"filing_date": "2024-06-19",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2024-05-08",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0794.437.621",
"name_full": "TSP Solutions",
"legal_form": "bv"
},
"publication_proxy": {
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"co_filed_documents": [],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
General electrical installation work43211Civil engineering42211Construction of utility projects for electricity and telecommunications42220Plumbing work43221Joinery installation43320
Names & trade names
| Legal nameNL | TSP SOLUTIONS |
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