Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
T.S.I. from Etterbeek, company number BE0543514358, closed financial year 2025 with a result of € 10,117 after tax. For that financial year T.S.I. recorded a gross margin of € 74,563 and equity of € 618,552. Compared with financial year 2024, the result moved from € 21,480 to € 10,117. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 2, 2026.
€ 618,552
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,117
▼ 53% vs 2024
Profit after tax over the fiscal year.
€ 343,826
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 201,594.
People and assets in 2025
0.4
Average over the fiscal year, from the social balance sheet.
€ 17,866
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,629
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,509
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,836 | € 76,961 | € 68,761 | € 74,563 | ▲ 8% |
| Profit after taxes | € 14,086 | € 23,961 | € 21,480 | € 10,117 | ▼ 53% |
| Equity | € 562,994 | € 586,955 | € 608,435 | € 618,552 | ▲ 2% |
| Total debts | € 31,755 | € 17,055 | € 9,494 | € 54,533 | ▲ € 45,039 |
| Cash | € 374,339 | € 360,119 | € 342,462 | € 343,826 | |
| Retained profit | € 146,037 | € 169,998 | € 191,478 | € 201,594 | ▲ 5% |
| Balance sheet total | € 594,749 | € 604,010 | € 617,929 | € 673,085 | ▲ 9% |
| Employees (FTE) | - | - | - | 0.4 |
Key figures of T.S.I., 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 T.S.I.?
What happened at T.S.I. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,117 (▼ 53% vs 2024). Source: NBB ↗
- Ndeye Marieme FALL became a director. NBB
- Christophe RONDEAU became a director. NBB
- Mikail JAMAN became a director. NBB
- Jose-Luis SARRIO became a director. NBB
- Andrew MENZIES became a director. NBB
- CLC Contrôle légal des Comptes et Consultance SRL became a director. NBB
- Horacio ROCHA SAN MIGUEL became a director. NBB
In short
From € 14,086 profit in 2022 to € 10,117 profit in 2025.
Paid € 24,266 in corporate taxes since 2022.
Best year ever: 2023, with € 23,961 profit.
A new publication or filing at T.S.I.? 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.S.I. are Ndeye Marieme FALL, Christophe RONDEAU, Mikail JAMAN, Jose-Luis SARRIO, Andrew MENZIES and CLC Contrôle légal des Comptes et Consultance SRL.
Directors
According to the 2025 annual accounts
Ndeye Marieme FALL
Director
since 2025
Christophe RONDEAU
Director
since 2025
Mikail JAMAN
Director
since 2025
Jose-Luis SARRIO
Director
since 2025
Andrew MENZIES
Managing director
since 2025
CLC Contrôle légal des Comptes et Consultance SRL
Commissaire · represented by Olivier KERKHOF
Also active at: Immobilière Publique Péruwelz-Leuze-Frasnes
since 2025
Horacio ROCHA SAN MIGUEL
Director
since 2025
Robertus VAN DEN BOSCH
Director
since 2025
Jens EDLUND
Director
since 2025
Ibrahim ABU YOUSSEF
Director
since 2025
Jonathan FRANKS
Director
since 2025
Christodoulos SEFERIS
Director
since 2025
Jeroen VAN DER LINDEN
Director
since 2023 · until 2025
Tomas DIEZ SANJUAN
Director
since 2019 · until 2025
Marc DESJARDINS
Managing director
since 2019 · until 2025
Christian FOUCHARD
Director
since 2019 · until 2025
Sylvain BEGENNE
Director
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Sint Michielswarande 30b
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
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+15 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0543.514.358
- VAT number
- BE 0543.514.358
- Registered office
- Sint Michielswarande 30b, 1040 Etterbeek
- Names & denominations
- T.S.I.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2013
- Peppol
- Active · Active since 9 Oct 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Lease van intellectuele eigendom en vergelijkbare producten, met uitzondering van werken onder auteursrecht
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, neg
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering