Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
T et S from Oudergem, company number BE0455820915, closed financial year 2024 with a result of € -14,262 after tax. For that financial year T et S recorded a gross margin of € 56,083 and equity of € -43,187. Compared with financial year 2023, the result moved from € 1,543 to € -14,262. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2025.
€ -43,187
▼ € 14,262 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,262
▼ still € 1,543 profit in 2023
Profit after tax over the fiscal year.
€ 12,138
▼ 14% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -105,687.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 50,928
▼ 2% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 817
▼ 63% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 12,366
▲ 2% vs 2023
Loans from banks and other lenders, long and short.
€ 100,858
▼ 34% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 13,946
▲ 8% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 32,843 | € 95,844 | € 68,578 | € 56,083 | ▼ 18% |
| Profit after taxes | € -2,017 | € 34,844 | € 1,543 | € -14,262 | ▼ € 15,805 |
| Equity | € -65,312 | € -30,468 | € -28,925 | € -43,187 | ▼ € 14,262 |
| Total debts | € 99,546 | € 125,718 | € 183,907 | € 127,170 | ▼ 31% |
| Cash | € 8,263 | € 16,780 | € 14,152 | € 12,138 | ▼ 14% |
| Retained profit | € -127,812 | € -92,968 | € -91,425 | € -105,687 | ▼ € 14,262 |
| Bank debt | € 16,840 | € 12,210 | € 12,076 | € 12,366 | ▲ 2% |
| Balance sheet total | € 34,234 | € 95,250 | € 154,982 | € 83,983 | ▼ 46% |
Key figures of T et S, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to T et S?
What happened at T et S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 14,262 (▼ € 15,805 vs 2023). filed late Source: NBB ↗
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,017 loss in 2021 to € 14,262 loss in 2024.
Paid € 17,361 in corporate taxes since 2021.
Best year ever: 2022, with € 34,844 profit.
A new publication or filing at T et S? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind T et S is Tarsem SINGH. Tarsem SINGH is also behind NEUROPE and I.S.H..
Establishments
Establishment units
Physical locations of this company
Waverse steenweg 1723
1160 Oudergem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.820.915
- VAT number
- BE 0455.820.915
- Registered office
- Waverse steenweg 1723, 1160 Oudergem
- Names & denominations
- T et S
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 1995
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening