Active · per the CBE, 31 October 2026
TSV logo

TSV

BE0474507766

Rechtspersoon Private limited company 1 establishment

TSV is an electrical contractor in Retie. Private Limited, started on 5 April 2001, 1 establishment.

Veldenstraat 26, 2470 Retie tsv.be 014 37 09 37 [email protected]

Behind the company: Kevin VENNEKENS, Luc VENNEKENS, Mick VENNEKENS.

Active for

25 year, 6 months

Financials

Financial year 2025

TSV from Retie, company number BE0474507766, closed financial year 2025 with a result of € 51,066 after tax. For that financial year TSV recorded a gross margin of € 293,543 and equity of € 1 million. Compared with financial year 2024, the result moved from € 157,408 to € 51,066. The company is profitable. 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 June 17, 2026.

What it is worth Healthy

€ 1 million

▼ 4% vs 2024

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

Profit Healthy

€ 51,066

▼ 68% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 445,646

▼ 13% vs 2024

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

Where the profit goes Pays out

€ 97,887 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

2.7

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

Wage cost

€ 157,769

€ 58,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 152,612

▲ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 years to go

€ 13,352

▼ 43% vs 2024

€ 10,616 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 39,866

▼ 22% vs 2024

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

Taxes and wages

€ 16,630

▼ 17% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 379,619 € 458,447 € 450,522 € 293,543 ▼ 35%
Profit after taxes € 134,832 € 171,161 € 157,408 € 51,066 ▼ 68%
Equity € 806,549 € 958,875 € 1,075,030 € 1,028,209 ▼ 4%
Total debts € 166,611 € 209,329 € 96,716 € 72,134 ▼ 25%
Cash € 305,652 € 439,101 € 512,253 € 445,646 ▼ 13%
Land & buildings € 10,434 € 7,826 € 5,217 € 2,609 ▼ 50%
Retained profit € 787,949 € 940,275 € 1,056,430 € 1,009,609 ▼ 4%
Dividend € 100,000 € 18,835 € 41,254 € 97,887 ▲ 137%
Bank debt € 31,009 € 50,750 € 23,463 € 13,352 ▼ 43%
Balance sheet total € 973,160 € 1,168,204 € 1,171,745 € 1,100,343 ▼ 6%
Employees (FTE) 2.8 3.2 2.7 2.7

Key figures of TSV, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to TSV?

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

  • New annual accounts for financial year 2025: profit of € 51,066 (▼ 68% vs 2024). Source: NBB ↗
  • New establishment in Retie. KBO
  • Start of the company according to the CBE. KBO

In short

From € 134,832 profit in 2022 to € 51,066 profit in 2025.

Paid € 218,397 in corporate taxes since 2022.

Best year ever: 2023, with € 171,161 profit.

On average € 108,700 of value added per employee in 2025.

Management

Kevin VENNEKENS Luc VENNEKENS Mick VENNEKENS

Behind TSV are Kevin VENNEKENS, Luc VENNEKENS and Mick VENNEKENS. The same people are also behind TSV INVEST.

Directors

According to the 2025 annual accounts

Kevin VENNEKENS

Director

Also active at: TSV INVEST

Luc VENNEKENS

Director

Also active at: TSV INVEST

Mick VENNEKENS

Director

Also active at: TSV INVEST

Establishments

Establishment units

Physical locations of this company

Registered office

Veldenstraat 26

2470 Retie

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

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

Website

Technologies

Advanced Custom FieldsLodashPWAReactWixlazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

GOOGLE-CLOUD-PLATFORM - Google LLC, US

Website info

HTTPS Ja
Languages NL
Copyright 2026

Features

Security

✓ HTTPS
✓ SPF
✗ DMARC

Details

Company number
0474.507.766
VAT number
BE 0474.507.766
Registered office
Veldenstraat 26, 2470 Retie
Names & denominations
TSV
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
5 April 2001
Peppol
Active · Active since 2 Sept 2025
Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

Metaalschrijnwerk

Schrijnwerk

Frequently asked questions

What does TSV do?
TSV is an electrical contractor in Retie. Private Limited, started on 5 April 2001, 1 establishment.
What is the address of TSV?
The registered office of TSV is located at Veldenstraat 26, 2470 Retie.
Is TSV still active?
Yes. According to the CBE (31 October 2026) TSV is active, legal situation “Normale toestand”, started on 5 April 2001.
Is TSV registered on Peppol?
Yes, TSV is registered on the Peppol network with ID 0208:0474507766.
What is the enterprise number of TSV?
The enterprise number of TSV is BE0474507766.
When was TSV founded?
TSV was founded on 5 April 2001.