Turnover
≈ €170,000 estimated
The micro format states no turnover.
TSS+
Lifetime
1 annual account with figurespeak €41,955 (2025)
€41,955
peak €32,952 (2025)
€32,952
peak €35,452 (2025)
€35,452
€19,393
Board2 names since 2025
1 directorSteven Joren
Documentsfilings and deeds
10-03-2026143 days before the deadline
2025micro format
Incorporation 25-061 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500 100 shares
Checked score
91
Excellent
Financially stronger than 81% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,399 companies (NACE 33, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 0.2%lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Size: total assets €54,845
lowers risk
Liquidity: current ratio 2.83, cash €40,984
Equity €35,452 (64.6% of total assets)
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 33, micro). It does better than 72% of them on solvency, 82% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as TSS+ has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of TSS+ itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for TSS+. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.83, above the usual 1.5. Short-term debt is 35.4% and cash 74.7% of total assets. 35.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 10-03-2026, 143 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
143 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
SJ
Steven Joren
Director, since 20-06-2025
- STEVENS Joren Jan Pieter 100 sharesdeed of 25-06-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1024607733
Incorporation
Founding capital of €2,500, 100 shares · Founder: STEVENS Joren Jan Pieter · Appointment: STEVENS Joren Jan Pieter (director) · published on 25-06-2025 · Gazette deed
First establishment
Bloesemstraat 12, Tongeren-Borgloon
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TSS+ Tongeren-Borgloon | €54,845 | €41,955 | 64.6% | - |
| GIIS As | €79,647 | €32,013 | 38.2% | - |
| EnergyForce Wevelgem | €53,809 | €39,302 | 56.3% | - |
| GGMS GUARNERI Morlanwelz | €65,534 | €52,521 | 66.4% | - |
| DVE Las en metaalwerken Kampenhout | €50,061 | €46,789 | 76.7% | - |
| Piessens Projects Puurs-Sint-Amands | €83,025 | €37,664 | 35.0% | - |
| M GOINA Aalst | €40,848 | €39,621 | 76.5% | - |
These companies have the same main activity as TSS+: repair and maintenance of fabricated metal products (NACE 33110). They are comparable in size and age: total assets between €40,800 and €83,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 23-06-2025Normal situation
- Activity
- Repair and maintenance of fabricated metal productsNACE 33110
- Establishment unit
- 2.375.256.0243840 Tongeren-Borgloon, since 23-06-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 24-06-2025
Annual accounts 2025
- €54,845
- Filing
- Filed on 10-03-2026, 143 days before the end of the filing period
Insights on TSS+
TSS+ has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,452 and a net result of €32,952.
Its solvency ranks better than 71% of 1,703 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TSS+
- What is the company number of TSS+?
- The company number of TSS+ is 1024.607.733. The VAT number is the same number with BE in front: BE 1024.607.733.
- Where is TSS+ based?
- The registered office is at Bloesemstraat 12, 3840 Tongeren-Borgloon.Company details
- What does TSS+ do?
- According to the KBO register, the main activity is repair and maintenance of fabricated metal products (NACE 33110).
- What is the legal form of TSS+?
- TSS+ is a private limited company (BV).
- When was TSS+ founded?
- TSS+ was founded on 23-06-2025.
- Is TSS+ still active?
- Yes, TSS+ is an active enterprise in the KBO register.
- What is the turnover of TSS+?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €41,955 and 2,936 comparable companies of the same size. It probably lies between €100,000 and €300,000. It is a rough estimate.Financials
- Is TSS+ profitable?
- In financial year 2025, TSS+ made a profit of €32,952.
- Where can I find the annual accounts of TSS+?
- TSS+ filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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