Financials
Financial year 2025
TS Holding from Balen, company number BE0841822814, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year TS Holding recorded revenue of € 10.7 million and equity of € 8.3 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.2 million. 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 July 29, 2026.
€ 8.3 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 103,546
▲ 68% 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 € 337,323.
People and assets in 2025
10.1
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 24% vs 2024
€ 113,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 38.6 million
▲ 176% vs 2024
Loans from banks and other lenders, long and short.
€ 2.3 million
▲ € 1.8 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 132 days on average.
€ 924,652
▲ 144% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,813,546 | € 3,982,383 | € 5,194,951 | € 10,741,633 | ▲ 107% |
| Profit after taxes | € 174,413 | € 945,269 | € 1,286,617 | € 1,208,208 | ▼ 6% |
| Equity | € 4,897,229 | € 5,842,498 | € 7,129,115 | € 8,337,323 | ▲ 17% |
| Total debts | € 793,614 | € 1,795,623 | € 16,334,410 | € 45,133,522 | ▲ 176% |
| Cash | € 62,444 | € 35,166 | € 61,647 | € 103,546 | ▲ 68% |
| Retained profit | € -22,008,255 | € -21,062,986 | € -19,776,369 | € 337,323 | ▲ € 20.1 million |
| Bank debt | € 0 | € 0 | € 13,997,582 | € 38,591,127 | ▲ 176% |
| Balance sheet total | € 5,690,844 | € 7,638,121 | € 23,463,525 | € 53,470,845 | ▲ 128% |
| Employees (FTE) | 6.5 | 7.7 | 8.3 | 10.1 | ▲ 1.8 |
Key figures of TS Holding, 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 Holding?
What happened at TS Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kintana Management BV stepped down as director. NBB
- Rienk DE VRIES stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 6% vs 2024). Source: NBB ↗
- Kintana Management BV became a director. NBB
- Rienk DE VRIES became a director. NBB
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 174,413 profit in 2022 to € 1.2 million profit in 2025.
Paid € 51,628 in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
Pays suppliers within 132 days on average.
Management
It owns 100% of The Sniffers GmbH, 100% of THE SNIFFERS BV, 100% of Aeromon, 100% of The Sniffers Romania and 100% of THE SNIFFERS itself.
Directors
According to the 2025 annual accounts
Rienk DE VRIES
Managing director
since 2022 · until 2028
Managing director · represented by Philippe Guldemont
Also active at: Aellia Belgium
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Poeierstraat 14
2490 Balen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
intero-integrity.com
Registered
2018-03-22
Registrar
Key-Systems GmbH
Expires
2026-03-22
Website info
Features
Security
Details
- Company number
- 0841.822.814
- VAT number
- BE 0841.822.814
- Registered office
- Poeierstraat 14, 2490 Balen
- Names & denominations
- TS Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2011
- Peppol
- Active · Active since 25 Sept 2025
- Contact
- intero-integrity.com
- Activities · NACE
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