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TST

Active
Private limited company (pre-2019)founded 201214 yrs activeBrechtsebaan 738, 2900 Schoten, BelgiumKBO/BCE: BE 0843.804.582

TST has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €-10k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
52 / 100
Fair▼ -48 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.93 against 3.65 in 2024), and 24.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
75.7%
Return on assets
-10.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
9 d early
2023
31 d late
2022
4 d late
2019
122 d late
2018
29 d late
2017
304 d late
← before the deadline after the deadline →
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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€70k▼ 12.0%
2024 · €79k
2018: €35k 2019: €42k 2022: €43k 2023: €58k 2024: €79k
2018 → 2025
Total assets
€92k▼ 13.9%
2024 · €107k
2018: €43k 2019: €53k 2022: €61k 2023: €71k 2024: €107k
2018 → 2025
Net result
€-10k
2024 · €21k
2018: €4k 2019: €7k 2022: €16k 2023: €15k 2024: €21k
2018 → 2025
Working capital
€66k▼ 11.0%
2024 · €74k
2018: €35k 2019: €42k 2022: €43k 2023: €53k 2024: €74k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192022202320242025Trend
Equity€42k-€43k▲ 2.9%€58k▲ 35.9%€79k▲ 36.7%€70k▼ 12.0%
Operating result€18k-€17k▼ 6.8%€22k▲ 31.5%€30k▲ 37.4%€-9k
Net result€7k-€16k▲ 133%€15k▼ 1.2%€21k▲ 38.9%€-10k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2019: €18k€18kNet result 2019: €7k€7kOperating result 2022: €17k€17kNet result 2022: €16k€16kOperating result 2023: €22k€22kNet result 2023: €15k€15kOperating result 2024: €30k€30kNet result 2024: €21k€21kOperating result 2025: €-9k€-9kNet result 2025: €-10k€-10k20192022202320242025
The operating result turns negative in 2025: a loss of €9k after €30k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets €4k▼ 24.5%
Current assets €88k▼ 13.4%
Equity and liabilities €92k
Equity €70k▼ 12.0%
Debt €22k▼ 19.6%
The debt ratio falls from 26.0% to 24.3%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-7k
2024 · €31k
Cash flow
€-8k
2024 · €22k
Solvency
75.7%
2024 · 74.0%
Current ratio
3.93
2024 · 3.65
Quick ratio
3.93
2024 · 3.65
Debt / equity
0.32
2024 · 0.35
ROE
-13.6%
2024 · 26.8%
ROA
-10.3%
2024 · 19.9%
Interest coverage
-4.48
2024 · 295.01
Debt
€22k
2024 · €28k
Debt ≤ 1 year
€22k
2024 · €28k
Income taxes
€93
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€107k€92k
Fixed assets21/28€5k€4k
Tangible fixed assets22/27€5k€4k
Furniture and vehicles24€5k€4k
Current assets29/58€102k€88k
Amounts receivable within one year40/41€25k€35k
Trade receivables40€11k€12k
Other amounts receivable41€14k€23k
Cash at bank and in hand54/58€77k€53k
Equity and liabilities
Total equity and liabilities10/49€107k€92k
Equity10/15€79k€70k
Contributions10/11€6k€6k=
Reserves13€73k€73k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€71k€71k=
Profit (loss) carried forward14-€-10k
Amounts payable17/49€28k€22k
Amounts payable within one year42/48€28k€22k
Trade debts44€578€2k
Suppliers440/4€578€2k
Taxes, remuneration and social security45€27k€21k
Taxes450/3€23k€17k
Remuneration and social security454/9€4k€4k=
Other amounts payable47/48€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k
Other operating charges640/8€1k€794
Gross operating margin9900€32k€-6k
Operating profit (loss)9901€30k€-9k
Financial income75/76B€782€805
Recurring financial income75€782€805
Financial charges65/66B€105€2k
Recurring financial charges65€105€2k
Profit (loss) for the period before taxes9903€31k€-9k
Income taxes67/77€9k€93
Profit (loss) for the period9904€21k€-10k
Profit (loss) for the period to be appropriated9905€21k€-10k
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-10k
Transfer to equity691/2€21k€0
To other reserves6921€21k€0

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Weakest financial yearnet €-10k ▼145%
Net result drops to €-10k, the lowest in the series.
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €21k ▲38.9%
Operating result €30k, net result €21k, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
04-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
31-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 304 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
04-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
2015
11-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Schoten · 1 establishment unit since 2012
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Brechtsebaan 7382900 Schoten
Ground area
390 m²
Building footprint
112 m²
Volume, LiDAR
562 m³
Parcel 11040A0002/00S040, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TST
Brechtsebaan 738, 2900 SchotenManufacture of metal structures and parts of structures
since 20122.209.535.581
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11040A0002/00S040 Flanders 390 m² 1 · 112 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
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.

Similar companies · same sector, comparable size

Of 5,668 companies in sector 70100 we hold annual accounts for 3,479. 2,166 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded17-02-2012
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.