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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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TSLO from Trooz, company number BE0794430394, closed financial year 2025 with a result of € 16,575 after tax. For that financial year TSLO recorded a gross margin of € 81,176 and equity of € 165,140. Compared with financial year 2024, the result moved from € 98,565 to € 16,575. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 1, 2026.
€ 165,140
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,575
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 44,844
▼ 38% 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 € 115,140.
People and assets in 2025
€ 360
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 265,612
▼ 10% vs 2024
€ 31,594 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 3,932
▼ 88% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 103,761 | € 81,176 | ▼ 22% |
| Profit after taxes | € 98,565 | € 16,575 | ▼ 83% |
| Equity | € 148,565 | € 165,140 | ▲ 11% |
| Total debts | € 361,336 | € 330,481 | ▼ 9% |
| Cash | € 71,753 | € 44,844 | ▼ 38% |
| Retained profit | € 98,565 | € 115,140 | ▲ 17% |
| Bank debt | € 296,140 | € 265,612 | ▼ 10% |
| Balance sheet total | € 509,901 | € 495,620 | ▼ 3% |
Key figures of TSLO, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to TSLO?
What happened at TSLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,575 (▼ 83% vs 2024). filed late Source: NBB ↗
- New establishment in Trooz. KBO
- Start of the company according to the CBE. KBO
- Thomas ETIENNE became a director. NBB
In short
From € 98,565 profit in 2024 to € 16,575 profit in 2025.
Paid € 36,159 in corporate taxes since 2024.
Best year ever: 2024, with € 98,565 profit.
Management
Behind TSLO is Thomas ETIENNE.
Directors
According to the 2025 annual accounts
Thomas ETIENNE
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue Au Thier 50
4870 Trooz
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0794.430.394
- VAT number
- BE 0794.430.394
- Registered office
- Rue Au Thier 50, 4870 Trooz
- Names & denominations
- TSLO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2022
- Peppol
- Active · Active since 29 Oct 2025
- Activities · NACE
Activiteiten van holdings
Holdings