Skip to content

TST Group

Bankruptcy closed
Private limited companyfounded 2021Prinsenbos 248, 1502 Halle, BelgiumKBO/BCE: BE 0764.564.490
Summary

TST Group was declared bankrupt on 19-03-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 30-09-2025, published in the Belgian State Gazette on 08-10-2025. The 2021 annual accounts show equity of €1,564 and a net result of -€936.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 08-10-2025. The KBO register has not yet processed that closure. The register usually follows the Staatsblad later, so the newer publication in the Staatsblad prevails.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-10-2022, 89 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 · 1 filing
Deviation from the deadline
2021
89 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2021 accounts 89 days after the deadline; the sector median for financial year 2021 is 1 day before the deadline, and 47% of the sector filed late.

Checked, nothing found (1)
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

History

TST Group was incorporated on 3 March 2021 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2021.2 On 19 March 2024 the company was declared bankrupt; the bankruptcy was closed on 30 September 2025.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021
  3. 3Belgian State Gazette, 25-03-2024
  4. 4Belgian State Gazette, 08-10-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€1,564
Total assets
€20,014
Net result
-€936
Working capital
-€3,493

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €20,014
Fixed assets €5,058
Current assets €14,956
Equity and liabilities €20,014
Equity €1,564
Debt €18,449
Debt finances 92.2% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
€1,583
Cash flow
-€731
Current ratio
0.81
Debt to equity
11.79
ROE
-59.8%
ROA
-4.7%
Interest coverage
0.84
Debt ≤ 1 year
€18,449
Income taxes
€434
Staff costs
€23,569
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 38 lines
Balance sheet Code2021
Assets
Total assets20/58€20,014
Fixed assets21/28€5,058
Tangible fixed assets22/27€3,858
Plant, machinery and equipment23€2,663
Furniture and vehicles24€505
Other tangible fixed assets26€690
Financial fixed assets28€1,200
Current assets29/58€14,956
Amounts receivable within one year40/41€12,282
Trade receivables40€12,282
Current investments50/53€1,351
Cash at bank and in hand54/58€1,323
Equity and liabilities
Total equity and liabilities10/49€20,014
Equity10/15€1,564
Contributions10/11€2,500
Profit (loss) carried forward14-€936
Amounts payable17/49€18,449
Amounts payable within one year42/48€18,449
Trade debts44€5,641
Suppliers440/4€5,641
Taxes, remuneration and social security45€2,394
Taxes450/3€434
Remuneration and social security454/9€1,960
Other amounts payable47/48€10,414
Income statement Code2021
Remuneration, social security and pensions62€23,569
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204
Other operating charges640/8€4,968
Gross operating margin9900€30,121
Operating profit (loss)9901€1,379
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,881
Recurring financial charges65€1,881
Profit (loss) for the period before taxes9903-€502
Income taxes67/77€434
Profit (loss) for the period9904-€936
Profit (loss) for the period to be appropriated9905-€936
Appropriation of the result
Profit (loss) to be appropriated9906-€936

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021
Remuneration, social security and pensions62€23,569
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204
Other operating charges640/8€4,968
Gross operating margin9900€30,121
Operating profit (loss)9901€1,379
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,881
Recurring financial charges65€1,881
Profit (loss) for the period before taxes9903-€502
Income taxes67/77€434
Profit (loss) for the period9904-€936
Profit (loss) for the period to be appropriated9905-€936
Line2021
Assets
Total assets20/58€20,014
Fixed assets21/28€5,058
Tangible fixed assets22/27€3,858
Plant, machinery and equipment23€2,663
Furniture and vehicles24€505
Other tangible fixed assets26€690
Financial fixed assets28€1,200
Current assets29/58€14,956
Amounts receivable within one year40/41€12,282
Trade receivables40€12,282
Current investments50/53€1,351
Cash at bank and in hand54/58€1,323
Equity and liabilities
Total equity and liabilities10/49€20,014
Equity10/15€1,564
Contributions10/11€2,500
Profit (loss) carried forward14-€936
Amounts payable17/49€18,449
Amounts payable within one year42/48€18,449
Trade debts44€5,641
Suppliers440/4€5,641
Taxes, remuneration and social security45€2,394
Taxes450/3€434
Remuneration and social security454/9€1,960
Other amounts payable47/48€10,414
Line2021
Profit (loss) for the period9904-€936
+ Depreciation and write-downs630€204
Operating cash flow (approximation)-€731

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
08-10
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 30-09-2025
2024
25-03
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 19-03-2024
2022
28-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
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, Halle · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
601 m²
Building footprint
145 m²
Volume, LiDAR
639 m³
Parcel 23043B0554/00V009, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
TST Group
Prinsenbos 248, 1502 HalleConstruction of utility projects for electricity and telecommunications
since 20212.317.024.152
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23043B0554/00V009 Flanders 601 m² 1 · 145 m² 6.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator CHARLOTTE PIERS
GROENKRAAGLAAN 3, 1170 BRUSSEL 17
19-03-2024 → 30-09-2025

Similar companies · same sector, comparable size

Of 1,123 companies in sector 43212 we hold annual accounts for 421. 58 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
Founded03-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
43211General electrical installation work
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.