TST BAT
ActiveThe computed 12-month bankruptcy probability of TST BAT is 1.6% (moderate). The 2025 annual accounts show equity of €125k and a net result of €-57k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 2041 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-91
Solvency59▼-22
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.18 against 1.84 in 2024; short-term debt: 66.4% and cash: 26.2% of total assets), and 66.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
33.6%
Return on assets
-15.3%
Age of the figures
9 mo
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 18-03-2026, 135 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
135 d early
2024
43 d early
2023
31 d early
2022
40 d early
2021
34 d early
2020
1 d early
2019
3 d early
← 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-57k
2024 · €95k
2018: €11k
2019: €2k
2020: €-92k
2021: €48k
2022: €58k
2023: €86k
2024: €95k
2018 → 2025
Working capital
€45k▼ 77.2%
2024 · €198k
2018: €30k
2019: €54k
2020: €-28k
2021: €23k
2022: €62k
2023: €164k
2024: €198k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€121k▲ 90.8%€208k▲ 71.1%€303k▲ 45.6%€125k▼ 58.8%
Operating result€56k-€74k▲ 33.2%€118k▲ 58.1%€114k▼ 3.2%€-53k
Net result€48k-€58k▲ 21.6%€86k▲ 49.5%€95k▲ 9.7%€-57k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €53k after €114k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €371k
Fixed assets
€79k▼ 26.6%
Current assets
€292k▼ 33.0%
Equity and liabilities €371k
Equity
€125k▼ 58.8%
Debt
€246k▲ 2.4%
The debt ratio rises from 44.3% to 66.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-13k▼
2024 · €148k
Cash flow
€-17k▼
2024 · €129k
Solvency
33.6%▼
2024 · 55.7%
Current ratio
1.18▼
2024 · 1.84
Quick ratio
1.18▼
2024 · 1.84
Debt / equity
1.98▲
2024 · 0.80
ROE
-45.6%▼
2024 · 31.3%
ROA
-15.3%▼
2024 · 17.4%
Interest coverage
-1.31▼
2024 · 42.98
Debt
€246k▲
2024 · €241k
Debt ≤ 1 year
€246k▲
2024 · €237k
Staff costs
€51k▲
2024 · €50k
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€543k€371k▼
Fixed assets21/28€108k€79k▼
Tangible fixed assets22/27€96k€67k▼
Land and buildings22€35k€27k▼
Plant, machinery and equipment23€7k€12k▲
Furniture and vehicles24€42k€22k▼
Other tangible fixed assets26€12k€6k▼
Financial fixed assets28€13k€13k=
Current assets29/58€435k€292k▼
Amounts receivable after more than one year29€17k-
Trade receivables290€17k-
Amounts receivable within one year40/41€296k€193k▼
Trade receivables40€268k€157k▼
Other amounts receivable41€28k€36k▲
Cash at bank and in hand54/58€117k€97k▼
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€543k€371k▼
Equity10/15€303k€125k▼
Contributions10/11€19k€19k=
Reserves13€145k€102k▼
Tax-exempt reserves132€42k€42k=
Distributable reserves133€103k€60k▼
Profit (loss) carried forward14€139k€4k▼
Amounts payable17/49€241k€246k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€237k€246k▲
Current portion of amounts payable after more than one year42€11k€14k▲
Trade debts44€106k€65k▼
Suppliers440/4€106k€65k▼
Taxes, remuneration and social security45€14k€9k▼
Taxes450/3€3k€4k▲
Remuneration and social security454/9€11k€5k▼
Other amounts payable47/48€105k€158k▲
Income statement
Code20242025
Remuneration, social security and pensions62€50k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€40k▲
Other operating charges640/8€28k€6k▼
Gross operating margin9900€226k€44k▼
Operating profit (loss)9901€114k€-53k▼
Financial income75/76B€11k€6k▼
Recurring financial income75€11k€6k▼
Financial charges65/66B€3k€10k▲
Recurring financial charges65€3k€10k▲
Profit (loss) for the period before taxes9903€122k€-57k▼
Income taxes67/77€27k-
Profit (loss) for the period9904€95k€-57k▼
Profit (loss) for the period to be appropriated9905€95k€-57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€139k€82k▼
Profit (loss) brought forward from the previous period14P€44k€139k▲
Transfer from equity791/2-€43k
Profit to be distributed694/7-€121k
Return on contributions (dividend)694-€121k
Social balance
Average headcount (FTE)9087-0.8
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €95k ▲9.7%
Net result €95k, the highest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €208k ▲71.1%
3 profitable years in a row build equity to €208k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €121k ▲90.8%
2 profitable years in a row build equity to €121k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-92k ▼4582%
Net result drops to €-92k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Evere · 1 establishment unit since 2005
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.
Henry Dunantlaan 311140 EvereGround area
3,413 m²
Parcel 21372D0090/00V000, Brussels. Linked by address, not a title deed.
1 establishment unit
TST BAT
since 20052.150.018.559
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0090/00V000 | Brussels | 3,413 m² | - | - |
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
TERRASSEMENTS DANIEL DUMONT
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MA&CO
BE 0718.865.713
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PBN RENOV
BE 0562.865.363
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Demoor Koen
BE 0719.345.664
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TOON WIJNEN
BE 0469.440.210
Pelt · Eq €124k
Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,654 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2005
Fiscal year end31-12
Abbreviation FR
TST
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
45112
43310Plastering work
43320Joinery installation
43332Laying of wooden floor and wall coverings
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
45250
45422
45432
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@tst.pro