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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Busy address KBO
74 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
TSAAR from Antwerpen, company number BE0742835205, closed financial year 2024 with a result of € -211,147 after tax. For that financial year TSAAR recorded a gross margin of € 86,254 and equity of € -144,420. Compared with financial year 2023, the result moved from € 552 to € -211,147. 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 June 25, 2025.
€ -144,420
▼ € 211,147 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -211,147
▼ still € 552 profit in 2023
Profit after tax over the fiscal year.
€ 14,713
▼ 70% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -146,920.
People and assets in 2024
€ 209,649
▼ 26% 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.
€ 69,252
▼ 22% vs 2023
Of which on lease € 7,403.
Debts at end 2024
€ 144,739
▼ 10% vs 2023
€ 13,573 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 151,894
▼ 8% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 149,137
▼ 41% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 64,820 | € 144,640 | € 333,370 | € 86,254 | ▼ 74% |
| Profit after taxes | € 29,947 | € 18,564 | € 552 | € -211,147 | ▼ € 211,700 |
| Equity | € 47,611 | € 66,175 | € 66,727 | € -144,420 | ▼ € 211,147 |
| Total debts | € 85,527 | € 410,865 | € 600,102 | € 462,793 | ▼ 23% |
| Cash | € 23,343 | € 205,356 | € 48,650 | € 14,713 | ▼ 70% |
| Retained profit | € 45,111 | € 63,675 | € 64,227 | € -146,920 | ▼ € 211,147 |
| Dividend | € 19,153 | € 0 | € 0 | € 0 | |
| Bank debt | € 33,343 | € 138,975 | € 161,152 | € 144,739 | ▼ 10% |
| Balance sheet total | € 133,138 | € 477,040 | € 666,829 | € 318,373 | ▼ 52% |
| Employees (FTE) | - | - | 6.4 | - |
Key figures of TSAAR, 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 TSAAR?
What happened at TSAAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TSAAR is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 211,147 (▼ € 211,700 vs 2023). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,947 profit in 2021 to € 211,147 loss in 2024.
Paid € 19,585 in corporate taxes since 2021.
Best year ever: 2021, with € 29,947 profit.
On average € 52,100 of value added per employee in 2023.
A new publication or filing at TSAAR? 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
Establishments
Establishment units
Physical locations of this company
Quellinstraat 49
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 74 companies are registered at this address.
All companies at this address →INTERNATIONAL DIAMONDS COMPANY
€ -1,676 gross margin · 2022
Tio
€ 5,236 gross margin · 2024
AGU BELGIE
€ 253,094 revenue · 2024
QAD EUROPE
WATS
€ 1.3 million revenue · 2025
+69 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
- 0742.835.205
- VAT number
- BE 0742.835.205
- Registered office
- Quellinstraat 49, 2018 Antwerpen
- Names & denominations
- TSAAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 3 February 2020
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Logistieke diensten
Overige vervoerondersteunende activiteiten
Vrachtbehandeling in zeehavens