TSS
ActiveSummary
TSS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €46k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+8
Solvency99▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.84 against 3.26 in 2024; short-term debt: 26% and cash: 3.8% of total assets), and 26% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74%
Return on assets
20%
Age of the figures
9 mo
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
21 d early
2023
33 d early
2022
19 d early
2021
285 d late
2020
650 d late
2019
1015 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€171k▲ 37.0%
2024 · €125k
2018: €50klowest in 8 years
2019: €85k▲ +68.9% vs 2018
2020: €101k▲ +18.8% vs 2019
2021: €105k▲ +4.0% vs 2020
2022: €92k▼ -12.1% vs 2021
2023: €100k▲ +8.9% vs 2022
2024: €125k▲ +24.7% vs 2023
2025: €171k▲ +37.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€231k▲ 28.5%
2024 · €180k
2018: €96klowest in 8 years
2019: €124k▲ +28.9% vs 2018
2020: €164k▲ +32.4% vs 2019
2021: €187k▲ +13.7% vs 2020
2022: €174k▼ -6.8% vs 2021
2023: €157k▼ -10.1% vs 2022
2024: €180k▲ +14.9% vs 2023
2025: €231k▲ +28.5% vs 2024highest in 8 years
2018 → 2025
Net result
€46k▲ 86.6%
2024 · €25k
2018: €932
2019: €35k▲ +3610% vs 2018
2020: €16k▼ -54.0% vs 2019
2021: €4k▼ -74.8% vs 2020
2022: €-13k▼ -417% vs 2021lowest in 8 years
2023: €8k▲ +164% vs 2022
2024: €25k▲ +203% vs 2023
2025: €46k▲ +86.6% vs 2024highest in 8 years
2018 → 2025
Working capital
€171k▲ 37.3%
2024 · €124k
2018: €50klowest in 8 years
2019: €85k▲ +68.5% vs 2018
2020: €101k▲ +18.8% vs 2019
2021: €105k▲ +4.0% vs 2020
2022: €91k▼ -13.1% vs 2021
2023: €99k▲ +9.2% vs 2022
2024: €124k▲ +25.1% vs 2023
2025: €171k▲ +37.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€92k▼ 12.1%€100k▲ 8.9%€125k▲ 24.7%€171k▲ 37.0%
2021: €105k
2022: €92k▼ -12.1% vs 2021lowest in 5 years
2023: €100k▲ +8.9% vs 2022
2024: €125k▲ +24.7% vs 2023
2025: €171k▲ +37.0% vs 2024highest in 5 years
Operating result€16k-€29k▲ 79.5%€20k▼ 28.2%€60k▲ 191%€59k▼ 0.7%
2021: €16klowest in 5 years
2022: €29k▲ +79.5% vs 2021
2023: €20k▼ -28.2% vs 2022
2024: €60k▲ +191% vs 2023highest in 5 years
2025: €59k▼ -0.7% vs 2024
Net result€4k-€-13k€8k€25k▲ 203%€46k▲ 86.6%
2021: €4k
2022: €-13k▼ -417% vs 2021lowest in 5 years
2023: €8k▲ +164% vs 2022
2024: €25k▲ +203% vs 2023
2025: €46k▲ +86.6% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231k
Fixed assets
€290 ▼ 43.6%
Current assets
€231k ▲ 28.7%
Equity and liabilities €231k
Equity
€171k ▲ 37.0%
Debt
€60k ▲ 9.3%
Debt's share of the balance-sheet total falls from 30.6% to 26.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▼
2024 · €60k
Cash flow
€46k▲
2024 · €25k
Current ratio
3.84▲
2024 · 3.26
Debt to equity
0.35▼
2024 · 0.44
ROE
27.0%▲
2024 · 19.8%
ROA
20.0%▲
2024 · 13.8%
Interest coverage
9.73▼
2024 · 18.74
Debt ≤ 1 year
€60k▲
2024 · €55k
Income taxes
€17k▼
2024 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€180k€231k▲
Fixed assets21/28€514€290▼
Tangible fixed assets22/27€514€290▼
Plant, machinery and equipment23€514€290▼
Current assets29/58€179k€231k▲
Amounts receivable within one year40/41€175k€222k▲
Trade receivables40€6k€6k▼
Other amounts receivable41€169k€216k▲
Cash at bank and in hand54/58€4k€9k▲
Equity and liabilities
Total equity and liabilities10/49€180k€231k▲
Equity10/15€125k€171k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€117k€163k▲
Amounts payable17/49€55k€60k▲
Amounts payable within one year42/48€55k€60k▲
Current portion of amounts payable after more than one year42€4k-
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€50k€58k▲
Taxes450/3€50k€58k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€224€224=
Other operating charges640/8€2k€636▼
Gross operating margin9900€62k€60k▼
Operating profit (loss)9901€60k€59k▼
Financial income75/76B€9k€10k▲
Recurring financial income75€9k€10k▲
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€66k€64k▼
Income taxes67/77€41k€17k▼
Profit (loss) for the period9904€25k€46k▲
Profit (loss) for the period to be appropriated9905€25k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€117k€163k▲
Profit (loss) brought forward from the previous period14P€92k€117k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €158 | €224 | €224 | €224 | = |
| Other operating charges640/8 | €16k | €9k | €18k | €2k | €636 | ▼ 61.9% |
| Gross operating margin9900 | €32k | €38k | €39k | €62k | €60k | ▼ 2.3% |
| Operating profit (loss)9901 | €16k | €29k | €20k | €60k | €59k | ▼ 0.7% |
| Financial income75/76B | €8k | €10k | €8k | €9k | €10k | ▲ 10.2% |
| Recurring financial income75 | €8k | €10k | €8k | €9k | €10k | ▲ 10.2% |
| Financial charges65/66B | €838 | €3k | €11k | €3k | €6k | ▲ 91.2% |
| Recurring financial charges65 | €838 | €3k | €11k | €3k | €6k | ▲ 91.2% |
| Profit (loss) for the period before taxes9903 | €23k | €36k | €18k | €66k | €64k | ▼ 3.6% |
| Income taxes67/77 | €19k | €49k | €10k | €41k | €17k | ▼ 57.9% |
| Profit (loss) for the period9904 | €4k | €-13k | €8k | €25k | €46k | ▲ 86.6% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-13k | €8k | €25k | €46k | ▲ 86.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €187k | €174k | €157k | €180k | €231k | ▲ 28.5% |
| Fixed assets21/28 | - | €962 | €738 | €514 | €290 | ▼ 43.6% |
| Tangible fixed assets22/27 | - | €962 | €738 | €514 | €290 | ▼ 43.6% |
| Plant, machinery and equipment23 | - | €962 | €738 | €514 | €290 | ▼ 43.6% |
| Current assets29/58 | €187k | €173k | €156k | €179k | €231k | ▲ 28.7% |
| Amounts receivable within one year40/41 | €143k | €166k | €150k | €175k | €222k | ▲ 27.0% |
| Trade receivables40 | €6k | - | €7k | €6k | €6k | ▼ 6.9% |
| Other amounts receivable41 | €137k | €166k | €143k | €169k | €216k | ▲ 28.2% |
| Cash at bank and in hand54/58 | €44k | €8k | €6k | €4k | €9k | ▲ 97.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €187k | €174k | €157k | €180k | €231k | ▲ 28.5% |
| Equity10/15 | €105k | €92k | €100k | €125k | €171k | ▲ 37.0% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €97k | €84k | €92k | €117k | €163k | ▲ 39.6% |
| Amounts payable17/49 | €82k | €82k | €56k | €55k | €60k | ▲ 9.3% |
| Amounts payable within one year42/48 | €82k | €82k | €56k | €55k | €60k | ▲ 9.3% |
| Current portion of amounts payable after more than one year42 | - | - | €7k | €4k | - | - |
| Trade debts44 | €2k | €7k | €12k | €1k | €2k | ▲ 64.2% |
| Suppliers440/4 | €2k | €7k | €12k | €1k | €2k | ▲ 64.2% |
| Taxes, remuneration and social security45 | €80k | €75k | €38k | €50k | €58k | ▲ 16.0% |
| Taxes450/3 | €80k | €72k | €38k | €50k | €58k | ▲ 16.0% |
| Remuneration and social security454/9 | - | €2k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-13k | €8k | €25k | €46k | ▲ 86.6% |
| + Depreciation and write-downs630 | - | €158 | €224 | €224 | €224 | = |
| Operating cash flow (approximation) | €4k | €-13k | €8k | €25k | €46k | ▲ 85.9% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | €-37k | €-2k | €-1k | €4k | ▲ 393% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €46k ▲86.6%
Net result €46k, the highest in the series.
31-12
Financial
Equity above €150kEq €171k ▲37%
3 profitable years in a row build equity to €171k.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Equity above €100kEq €100k ▲8.9%
Equity rises from €92k to €100k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 285 days late
12-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 650 days late
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1015 days late
12-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1381 days late
Show earlier events
2022
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
2020
31-12
Financial
Equity above €100kEq €101k ▲18.8%
3 profitable years in a row build equity to €101k.
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 393 days late
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 758 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2009
Ground area
581 m²
Building footprint
92 m²
Volume, LiDAR
522 m³
Parcel 11008H0189/00H011, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RSTT
since 20092.176.405.826
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008H0189/00H011indicative | Flanders | 581 m² | 1 · 92 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IMMO WAY
BE 0849.215.501
Les Bons Villers · Eq €171,226
PQ-CONSULT
BE 0705.956.793
Roeselare · Eq €171,258
PROJECTBEHEER ZUIDERKEMPEN
BE 0808.085.620
Leopoldsburg · Eq €170,915
LCS
BE 0681.408.766
Aalter · Eq €171,612
BJFROID
BE 0707.528.688
Incourt · Eq €170,769
Of 4,564 companies in sector 74999 we hold annual accounts for 1,936. 1,518 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-01-2009
Fiscal year end31-12
Abbreviation NL
RSTT
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
46720Wholesale of motor vehicle parts and accessories
93199Other sports activities
Scores and ratios are computed by Checked and are not a credit decision.