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 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TS Services from Gent, company number BE0810276335, closed financial year 2025 with a result of € 62,108 after tax. For that financial year TS Services recorded revenue of € 118,113 and equity of € 87,531. Compared with financial year 2024, the result moved from € -18,162 to € 62,108. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 87,531
▲ 244% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,108
▲ still € 18,162 loss in 2024
Profit after tax over the fiscal year.
€ 76,926
▼ 7% 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 € 66,772.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,680
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 126,853 | € 122,668 | € 63,499 | € 118,113 | ▲ 86% |
| Profit after taxes | € 4,098 | € 21,928 | € -18,162 | € 62,108 | ▲ € 80,270 |
| Equity | € 522,657 | € 43,585 | € 25,423 | € 87,531 | ▲ 244% |
| Total debts | € 358,019 | € 801,245 | € 513,972 | € 416,702 | ▼ 19% |
| Cash | € 296,644 | € 314,889 | € 82,528 | € 76,926 | ▼ 7% |
| Land & buildings | € 600,162 | € 541,937 | € 483,712 | € 425,486 | ▼ 12% |
| Retained profit | € 21,657 | € 22,825 | € 4,663 | € 66,772 | ▲ € 62,108 |
| Dividend | € 0 | € 20,759 | € 0 | € 0 | |
| Bank debt | € 332,500 | € 285,000 | € 0 | € 0 | |
| Balance sheet total | € 910,676 | € 874,830 | € 569,395 | € 504,233 | ▼ 11% |
Key figures of TS Services, 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 Services?
What happened at TS Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,108. Source: NBB ↗
- DECENNIUM CAPITAL BV became a director. NBB
- Rudi Van Baelen became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,098 profit in 2022 to € 62,108 profit in 2025.
Paid € 14,085 in corporate taxes since 2022.
Best year ever: 2025, with € 62,108 profit.
Paid out € 20,759 in dividends to the owners in total.
Management
Behind TS Services are DECENNIUM CAPITAL BV and Rudi Van Baelen. DECENNIUM CAPITAL BV is also behind LAMBRECHTS APOTEEK, VEROPHAR HOLDING, VDB HOLDING and LAMBRECHTS FINANCE. Rudi Van Baelen is also behind KEMPENSE GOLF CLUB, INTERNATIONAL GOLF TRAINING CENTER-SERVICES and VBN-Management.
Directors
According to the 2025 annual accounts
Director · represented by Thierry Vandeghinste
Also active at: LAMBRECHTS APOTEEK, VEROPHAR HOLDING, VDB HOLDING, LAMBRECHTS FINANCE
since 2023
Rudi Van Baelen
Director
Also active at: KEMPENSE GOLF CLUB, INTERNATIONAL GOLF TRAINING CENTER-SERVICES, VBN-Management
since 2023
Establishments
Establishment units
Physical locations of this company
Drie Koningenstraat 9
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0810.276.335
- VAT number
- BE 0810.276.335
- Registered office
- Drie Koningenstraat 9, 9051 Gent
- Names & denominations
- TS Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2009
- Peppol
- Active · Active since 3 Nov 2025