Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
Financials
Financial year 2025
TS INSTAL from Elsene, company number BE0786484611, closed financial year 2025 with a result of € 3,219 after tax. For that financial year TS INSTAL recorded a gross margin of € 4,319 and equity of € -22,820. Compared with financial year 2024, the result moved from € -30,880 to € 3,219. Profitable, and profit is growing. 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 May 21, 2026.
€ -22,820
▲ € 3,219 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,219
▲ still € 30,880 loss in 2024
Profit after tax over the fiscal year.
€ 3,987
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -27,820.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 101,965
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,063
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -199 | € 1,623 | € -30,181 | € 4,319 | ▲ € 34,499 |
| Profit after taxes | € -845 | € 686 | € -30,880 | € 3,219 | ▲ € 34,100 |
| Equity | € 4,155 | € 4,841 | € -26,040 | € -22,820 | ▲ € 3,219 |
| Total debts | € 589 | € 446 | € 77,459 | € 252,272 | ▲ 226% |
| Cash | € 3,582 | € 4,115 | € 10,836 | € 3,987 | ▼ 63% |
| Retained profit | € -845 | € -159 | € -31,040 | € -27,820 | ▲ € 3,219 |
| Balance sheet total | € 4,743 | € 5,287 | € 51,420 | € 229,452 | ▲ € 178,032 |
Key figures of TS INSTAL, 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 TS INSTAL?
What happened at TS INSTAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,219. Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 845 loss in 2022 to € 3,219 profit in 2025.
Paid € 831 in corporate taxes since 2022.
Best year ever: 2025, with € 3,219 profit.
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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 TS INSTAL is Jose Manuel ORTIZ LAGOS. Jose Manuel ORTIZ LAGOS is also behind INMOBAT and IFLOW CO.
Establishments
Establishment units
Physical locations of this company
Opperstraat 16
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0786.484.611
- VAT number
- BE 0786.484.611
- Registered office
- Opperstraat 16, 1050 Elsene
- Names & denominations
- TS INSTAL
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 23 May 2022
- Peppol
- Active · Active since 15 Jun 2022
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