Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TS WORKS from Bilzen-Hoeselt, company number BE0795688723, closed financial year 2025 with a result of € -2,819 after tax. For that financial year TS WORKS recorded a gross margin of € 12,432 and equity of € 11,863. Compared with financial year 2024, the result moved from € 1,098 to € -2,819. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 4, 2026.
€ 11,863
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,819
▼ still € 1,098 profit in 2024
Profit after tax over the fiscal year.
€ 12,056
▲ 231% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9,363.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 24,525
▲ € 18,472 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17,601
€ 6,018 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 10,996
▲ € 8,961 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,399
▼ 81% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 17,746 | € 7,014 | € 12,432 | ▲ 77% |
| Profit after taxes | € 11,084 | € 1,098 | € -2,819 | ▼ € 3,917 |
| Equity | € 13,584 | € 14,682 | € 11,863 | ▼ 19% |
| Total debts | € 13,001 | € 14,891 | € 41,132 | ▲ 176% |
| Cash | € 11,647 | € 3,645 | € 12,056 | ▲ 231% |
| Retained profit | € 11,084 | € 12,182 | € 9,363 | ▼ 23% |
| Bank debt | € 0 | € 0 | € 17,601 | |
| Balance sheet total | € 26,585 | € 29,573 | € 52,995 | ▲ 79% |
Key figures of TS WORKS, fiscal years 2023 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 WORKS?
What happened at TS WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,819 (▼ € 3,917 vs 2024). Source: NBB ↗
- New establishment in Bilzen-Hoeselt. KBO
- Tom Smets became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,084 profit in 2023 to € 2,819 loss in 2025.
Paid € 5,623 in corporate taxes since 2023.
Best year ever: 2023, with € 11,084 profit.
A new publication or filing at TS WORKS? 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
Directors
According to the 2025 annual accounts
Tom Smets
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Vlijtingerstraat 3A
3740 Bilzen-Hoeselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0795.688.723
- VAT number
- BE 0795.688.723
- Registered office
- Vlijtingerstraat 3A, 3740 Bilzen-Hoeselt
- Names & denominations
- TS WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2023
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
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