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TST BELGIUM

Active
Public limited companyfounded 2002active for 24 yearsLimastraat 3, 2000 Antwerpen, BelgiumKBO/BCE: BE 0478.238.110
Summary

TST BELGIUM has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €1.7m. Equity has been stable since 2018 (±0.2% per year). Its solvency ranks better than 32% of 863 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-08-2002 Normal situation
Registered office
12 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Logistics services NACE 52250
Joint committees
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2025
Establishment unit
2.132.236.083 2000 Antwerpen, since 28-08-2002
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Auditor
Van de Vyver & Parmentier Bedrijfsrevisoren BV
Shareholders
  • TMA Logistics Bvannual accounts 2025

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€3.3m
▲ 0.4%
Turnover
≈ €5.7m
estimated
Profit
€1.7m
▼ 6.8%
Equity
€1.6m
▼ 1.1%
Total assets
€6.9m
▲ 26.5%
Employees on 31-12-2025
11
▲ 37.5%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSize: 9.2 FTE, total assets €6.9mFigures for financial year 2025 (filed on 08-07-2026)Founded in 2002Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of micro companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Average
Solvency 48-6
equity 22.9% of total assets
Liquidity 32+3
short-term debt 65.9% · cash 13.9%
Profitability 99-1
return on assets 24.6%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,304 companies, NACE 52, micro)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.3%▼ -0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (1.43 in 2024), below the usual 1.5. Short-term debt is 65.9% and cash 13.9% of total assets. 77.1% of the assets are financed with debt and provisions.
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 52, micro). It does better than 33% of them on solvency, 26% on liquidity, 86% on profitability and 32% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 9.2 FTE, total assets €6.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 08-07-2026)
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
13 days early
2023
26 days late
2022
53 days early
2021
39 days early
2020
17 days early
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 86% of companies in warehousing and transport supportsector median €108,368 · 856 companies €1.7m View
  • Positive: 8 profitable years in a rowprofit 2025: €1.7m 8 years View
  • New directorlatest change 13-11-2025 · 2 in office 1 joined View
  • Flemish supportawarded from 2022 to 2025 €163,635 View

Recent changes

  1. · Gazette deed 3 directors appointed, 2 directors resigning, 1 reappointedAppointments: Van de Vyver & Parmentier bedrijfsrevisoren bv, Antonius Johannes Cornelis de Boer and Chained BV · Resignations: PARMENTIER GUY BV (statutory auditor) and Stormbel Holding BV (director) · Permanent representatives: Gerrit Matroos and Lisa Vanarwegen
  2. · Gazette deed Registered office moved within AntwerpenNew seat: Limastraat 3 bus 005 - 2000 Antwerpen · Previous seat: Vrieskaai 70 thv Kaai 111 - 2030 Antwerpen
  3. · Gazette deed Reappointment: Guy Parmentier BV (statutory auditor)
All 15 events

Comparable companies

These companies have the same main activity as TST BELGIUM: logistics services (NACE 52250). They are comparable in size and age: total assets between €4.2m and €12m, founded between 1996 and 2008.

CompanyTotal assetsGross margin
TST BELGIUM Antwerpen€6.9m€3.3m
ANTWERPS BUREAU VOOR LOGISTIEK Antwerpen€6.8m€2.4m
TC & T Antwerpen€4.2m€2.6m
MARINVESTS Antwerpen€7.5m€1.5m
JMC Lier€6.2m€2.3m
HOPPE SHIP AGENCIES Brugge€6.1m€1.7m
NEWMAN SHIPPING EN AGENCY CY Antwerpen€11.5m€2.0m
Full comparison

Key facts about TST BELGIUM

What is the company number of TST BELGIUM?
The company number of TST BELGIUM is 0478.238.110. The VAT number is the same number with BE in front: BE 0478.238.110.
Where is TST BELGIUM based?
The registered office is at Limastraat 3, 2000 Antwerpen.Company details
What does TST BELGIUM do?
According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of TST BELGIUM?
The legal form of TST BELGIUM is Public limited company (NV).
When was TST BELGIUM founded?
TST BELGIUM was founded on 30-08-2002.
Is TST BELGIUM still active?
Yes, TST BELGIUM is an active enterprise in the KBO register.
How many employees does TST BELGIUM have?
TST BELGIUM had an average of 9.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TST BELGIUM fall under?
In its 2025 annual accounts, TST BELGIUM states joint committees 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek) and 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
What is the turnover of TST BELGIUM?
The turnover in financial year 2025 is ≈ €5.7m. This figure is estimated from the gross margin of €3.3m and 1,584 comparable companies of the same size. It probably lies between €3.8m and €9.3m. It is a rough estimate.
Is TST BELGIUM profitable?
In financial year 2025, TST BELGIUM made a profit of €1.7m.
Where can I find the annual accounts of TST BELGIUM?
TST BELGIUM filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TST BELGIUM due?
TST BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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