What is the address of TS FLANDERS?

The registered office of TS FLANDERS is located at Verlorenkost 11, 9000 Gent.

Is TS FLANDERS still active?

Yes. According to the CBE (29 October 2026) TS FLANDERS is active, legal situation “Normale toestand”, started on 27 April 1999.

Is TS FLANDERS registered on Peppol?

Yes, TS FLANDERS is registered on the Peppol network with ID 0208:0465937619.

What is the enterprise number of TS FLANDERS?

The enterprise number of TS FLANDERS is BE0465937619.

When was TS FLANDERS founded?

TS FLANDERS was founded on 27 April 1999.

Who are the directors of TS FLANDERS?

According to the 2025 annual accounts, the directors of TS FLANDERS are: Thiebaut International BV, Werner Thiebaut, AVOT BV, Capricorn Partners Nv.

Is TS FLANDERS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 April 1999; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did TS FLANDERS make in 2025?

TS FLANDERS recorded a loss after taxes of € 89,468 in financial year 2025.

What is the revenue of TS FLANDERS?

As a small company, TS FLANDERS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -93,253.

How many employees does TS FLANDERS have?

According to the 2025 annual accounts, TS FLANDERS has 0 full-time equivalents (FTE).

TS FLANDERS (Public Limited) - Gent - BE0465937619

Q: What does TS FLANDERS do?

TS FLANDERS is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 27 April 1999, 1 establishment.

Dossier TS FLANDERS, printed on 29 October 2026 from databakkes.be/en/0465937619/ts-flanders. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

TS FLANDERS from Gent, company number BE0465937619, closed financial year 2025 with a result of € -89,468 after tax. For that financial year TS FLANDERS recorded a gross margin of € -93,253 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € -77,098 to € -89,468. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 15, 2026.

What it is worth Healthy

€ 2.8 million

▼ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -89,468

▼ 16 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 306,175

▲ 66% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 2.8 million.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2,288

▼ 3% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -103,324 Gross margin 2022: € -103,324 First fiscal year in the series	€ -83,729 Gross margin 2023: € -83,729 ▲ € 19,595 vs 2022 (€ -103,324) Favourable step	€ -82,192 Gross margin 2024: € -82,192 ▲ € 1,537 vs 2023 (€ -83,729) Favourable step	€ -93,253 Gross margin 2025: € -93,253 ▼ € 11,061 vs 2024 (€ -82,192) Unfavourable step	▼ € 11,061
Profit after taxes	€ -104,398 Profit after taxes 2022: € -104,398 First fiscal year in the series	€ 76,734 Profit after taxes 2023: € 76,734 ▲ € 181,132 vs 2022 (€ -104,398) Favourable step	€ -77,098 Profit after taxes 2024: € -77,098 ▼ € 153,832 vs 2023 (€ 76,734) Unfavourable step	€ -89,468 Profit after taxes 2025: € -89,468 ▼ € 12,369 vs 2024 (€ -77,098) Unfavourable step	▼ € 12,369
Equity	€ 2,979,272 Equity 2022: € 2,979,272 First fiscal year in the series	€ 2,998,455 Equity 2023: € 2,998,455 ▲ 1% vs 2022 (€ 2,979,272) Favourable step	€ 2,921,357 Equity 2024: € 2,921,357 ▼ 3% vs 2023 (€ 2,998,455) Unfavourable step	€ 2,831,890 Equity 2025: € 2,831,890 ▼ 3% vs 2024 (€ 2,921,357) Unfavourable step	▼ 3%
Total debts	€ 258,252 Total debts 2022: € 258,252 First fiscal year in the series	€ 229,321 Total debts 2023: € 229,321 ▼ 11% vs 2022 (€ 258,252) Favourable step	€ 87,990 Total debts 2024: € 87,990 ▼ 62% vs 2023 (€ 229,321) Favourable step	€ 2,294 Total debts 2025: € 2,294 ▼ 97% vs 2024 (€ 87,990) Favourable step	▼ 97%
Cash	€ 722,769 Cash 2022: € 722,769 First fiscal year in the series	€ 713,639 Cash 2023: € 713,639 ▼ 1% vs 2022 (€ 722,769) Unfavourable step	€ 184,722 Cash 2024: € 184,722 ▼ 74% vs 2023 (€ 713,639) Unfavourable step	€ 306,175 Cash 2025: € 306,175 ▲ 66% vs 2024 (€ 184,722) Favourable step	▲ 66%
Retained profit	€ 2,917,299 Retained profit 2022: € 2,917,299 First fiscal year in the series	€ 2,936,482 Retained profit 2023: € 2,936,482 ▲ 1% vs 2022 (€ 2,917,299) Favourable step	€ 2,859,384 Retained profit 2024: € 2,859,384 ▼ 3% vs 2023 (€ 2,936,482) Unfavourable step	€ 2,769,916 Retained profit 2025: € 2,769,916 ▼ 3% vs 2024 (€ 2,859,384) Unfavourable step	▼ 3%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 57,550 Dividend 2023: € 57,550 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 57,550) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 256,508 Bank debt 2022: € 256,508 First fiscal year in the series	€ 171,064 Bank debt 2023: € 171,064 ▼ 33% vs 2022 (€ 256,508) Favourable step	€ 85,622 Bank debt 2024: € 85,622 ▼ 50% vs 2023 (€ 171,064) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 85,622) Favourable step	▼ 100%
Balance sheet total	€ 3,237,524 Balance sheet total 2022: € 3,237,524 First fiscal year in the series	€ 3,227,777 Balance sheet total 2023: € 3,227,777 Unchanged (€ 3,237,524) Unchanged	€ 3,009,348 Balance sheet total 2024: € 3,009,348 ▼ 7% vs 2023 (€ 3,227,777) Unchanged	€ 2,834,184 Balance sheet total 2025: € 2,834,184 ▼ 6% vs 2024 (€ 3,009,348) Unchanged	▼ 6%

Key figures of TS FLANDERS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to TS FLANDERS?

What happened at TS FLANDERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Capricorn Partners Nv stepped down as director. NBB
Apr 15, 2026 New annual accounts for financial year 2025: loss of € 89,468. Source: NBB ↗
2023 Thiebaut International BV became a director. NBB
2023 Werner Thiebaut became a director. NBB
2023 AVOT BV became a director. NBB
2023 Capricorn Partners Nv became a director. NBB
Jul 13, 1999 New establishment in Sint-Pieters-Leeuw. KBO
Apr 27, 1999 Start of the company according to the CBE. KBO

In short

From € 104,398 loss in 2022 to € 89,468 loss in 2025.

Paid € 2,465 in corporate taxes since 2022.

Best year ever: 2023, with € 76,734 profit.

Paid out € 57,550 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Capricorn Fusion China Fund 15%

The stake of Capricorn Fusion China Fund comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TS FLANDERS

XI'AN THIEBAUT Pharmaceutical Packaging 0%

Behind TS FLANDERS are Thiebaut International BV, Werner Thiebaut and AVOT BV. The shares are held by Capricorn Fusion China Fund (15%). It owns 0% of XI'AN THIEBAUT Pharmaceutical Packaging itself.

Directors

According to the 2025 annual accounts

Thiebaut International BV

Director · represented by Godelieve Thiebaut

since 2023

Werner Thiebaut

Director

since 2023

AVOT BV

Managing director · represented by Arne De Moortel

since 2023

Capricorn Partners Nv

Director · represented by Steven Levecke

Also active at: CAPRICORN ICT ARKIV, Sensolus, REIN4CED, Confo Therapeutics, Minze, ViroVet, STORY CHIEF, Azumuta +22 more

since 2023 · until 2029

Shareholders

Capricorn Fusion China Fund

15%

Participations

XI'AN THIEBAUT Pharmaceutical Packaging

Establishments

Establishment units

Physical locations of this company

Registered office

Verlorenkost 11

9000 Gent

2.091.610.703

Camille Leunensstraat 51

1600 Sint-Pieters-Leeuw

Active since 13 July 1999

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

AVOT same network

€ 64,674 gross margin · 2025

THIEBAUT INTERNATIONAL same network

€ -2,929 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0465.937.619

VAT number

BE 0465.937.619

Registered office

Verlorenkost 11, 9000 Gent

Names & denominations

TS FLANDERS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 April 1999

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

TS FLANDERS

Warning lights

Financials

What happened to TS FLANDERS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions