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Generated 13-07-2026
Active BE 0794.437.621Private limited company

TSP SOLUTIONS

Donkerputstraat 67 ·9240 Zele, Belgium· 3 yrs active
Sector: Specialised construction (43211)
Conclusion Checked

The computed 12-month bankruptcy probability of TSP SOLUTIONS is 5.5% (elevated). The 2024 annual accounts show negative equity (€-5k) and a net result of €-16k. Its solvency ranks better than 5% of 11043 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%
Snowflake analysis 5 axes · computed by Checked
Health7Profitability100Solvency33Growth32Stability94
53 / 100

Mixed profile: strong on profitability, weaker on health.

Health 7
Profitability 100
Solvency 33
Growth 32
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
5.5% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 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.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
7 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 25-06-2025 with the NBB · fiscal year 2024 · micro
€-20k€-10k€0€10kOperating result 2023: €14k€14kNet result 2023: €10k€10kOperating result 2024: €-16k€-16kNet result 2024: €-16k€-16k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -30.5% 40.9%
better than 5% of 11043 sector peers
Net result €-16k €11k
better than 7% of 11026 sector peers
Equity €-5k €34k
better than 7% of 11047 sector peers
Gross operating margin €-1k €35k
better than 8% of 11016 sector peers
Staff costs €8k €25k
higher than 36% of 4017 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-10k
- far below sector median
Net profit
€-16k
- far below sector median
Cash flow
€-11k
- far below sector median
Total assets
€17k
-17.9% -92% vs sector
Equity
€-5k
- far below sector median
Working capital
€-16k
- far below sector median
Employees (FTE)
1
- -79% vs sector
Staff costs
€8k
- -97% vs sector
Income taxes
€4k
- +146% vs sector
Debt
€22k
+129.3% -75% vs sector
Debt ≤ 1y
€22k
+129.3% -64% vs sector
Current ratio
0.26
-78.4% -83% vs sector
Quick ratio
0.26
-78.4% -79% vs sector
Solvency
-30.5%
- far below sector median
Debt / equity
-4.28
- far below sector median
ROE
312.5%
+227.7% far above sector median
ROA
-95.4%
- far below sector median
Interest coverage
-50.91
- far below sector median
Figures by fiscal year
Fiscal year2024
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 ratio0.26
Quick ratio0.26
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%
ROE312.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
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
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43211)
Legal form Private limited company(610)
Incorporation06-12-2022
StatusActive
Postal code9240
Establishment units 1 location
TSP SOLUTIONS
Donkerputstraat 67, 9240 ZeleAlgemene elektrotechnische installatiewerken
since 20222.338.649.511
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

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 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
25-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
28-06-2024
State Gazette act Director changes
24-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
28-06-2024 1 director appointed, 2 resigning Director changes
  • Dehr. Thiébaut Sébastien, Bestuurder
  • Dehr. Haeck Michaël, Bestuurder
  • Dehr. Thiébaut Sébastien, Bestuurder
Technical details 
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      "effective_date": "2024-05-08",
      "evidence_quote": "Alle aanwezigen aanvaarden het ontslag als bestuurder van Dehr. Haeck Micha\u00EBl en dit vanaf 8 mei 2024.",
      "decharge_status": "granted",
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      "decharge_status": "granted",
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      "evidence_quote": "Dehr. Thi\u00E9baut S\u00E9bastien aanvaardt zijn mandaat.",
      "decharge_status": null,
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  "notary": {
    "name": null,
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    "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": [
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}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Bouw van water- en gasdistributienetten42211Bouw van water- en gasdistributienetten42211Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Loodgieterswerk43221Sanitaire werkzaamheden43221Schrijnwerk43320Schrijnwerk43320
Primary activity highlighted.
Names & trade names
Legal nameNL TSP SOLUTIONS
Registered office
Donkerputstraat 67
9240 Zele, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative