Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Transport Solutions Management from Ternat, company number BE0740604205, closed financial year 2025 with a result of € -6,497 after tax. For that financial year Transport Solutions Management recorded a gross margin of € 14,775 and equity of € 4,638. Compared with financial year 2024, the result moved from € -2,321 to € -6,497. The company made a loss. The buffer shrank hard: equity is 58 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 4,638
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,497
▼ 180 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,043
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1,862.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 48,900
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,133
▼ 29% vs 2024
€ 10,088 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 19,242
▲ € 15,635 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,140
▼ 56% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,146 | € 11,232 | € 12,660 | € 14,775 | ▲ 17% |
| Profit after taxes | € 147 | € 6,565 | € -2,321 | € -6,497 | ▼ € 4,176 |
| Equity | € 6,890 | € 13,456 | € 11,135 | € 4,638 | ▼ 58% |
| Total debts | € 33,014 | € 25,069 | € 95,008 | € 97,545 | ▲ 3% |
| Cash | € 2,731 | € 2,011 | € 4,849 | € 1,043 | ▼ 78% |
| Retained profit | € 390 | € 6,956 | € 4,635 | € -1,862 | ▼ € 6,497 |
| Bank debt | € 0 | € 0 | € 33,766 | € 24,133 | ▼ 29% |
| Balance sheet total | € 39,904 | € 38,525 | € 106,143 | € 102,183 | ▼ 4% |
Key figures of Transport Solutions Management, 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 Transport Solutions Management?
What happened at Transport Solutions Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,497. filed late Source: NBB ↗
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 147 profit in 2022 to € 6,497 loss in 2025.
Paid € 3,074 in corporate taxes since 2022.
Best year ever: 2023, with € 6,565 profit.
Management
Behind Transport Solutions Management is Eddy Crokaert.
Directors
According to the 2025 annual accounts
Eddy Crokaert
Director
Establishments
Establishment units
Physical locations of this company
Korenbloemstraat 29
1742 Ternat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0740.604.205
- VAT number
- BE 0740.604.205
- Registered office
- Korenbloemstraat 29, 1742 Ternat
- Names & denominations
- Transport Solutions Management · TSM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2019
- Peppol
- Active · Active since 8 Oct 2025
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