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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TRAINING SOLUTIONS from Elsene, company number BE0843405496, closed financial year 2025 with a result of € -391,352 after tax. For that financial year TRAINING SOLUTIONS recorded a gross margin of € 2.7 million and equity of € -912,702. Compared with financial year 2024, the result moved from € -64,038 to € -391,352. The company made a loss. 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 July 1, 2026.
€ -912,702
▼ € 391,352 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -391,352
▼ 511 % more loss than in 2024
Profit after tax over the fiscal year.
€ 489,955
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2025
28.2
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 6% vs 2024
€ 95,900 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.
€ 377,237
▲ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 708,442
▲ 7% vs 2024
€ 438,295 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.4 million
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 353,855
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,541,617 | € 2,644,336 | € 2,783,870 | € 2,693,252 | ▼ 3% |
| Profit after taxes | € 80,860 | € -93,377 | € -64,038 | € -391,352 | ▼ € 327,314 |
| Equity | € -363,934 | € -457,311 | € -521,350 | € -912,702 | ▼ € 391,352 |
| Total debts | € 1,740,277 | € 2,158,512 | € 2,115,634 | € 2,642,071 | ▲ 25% |
| Cash | € 297,640 | € 480,858 | € 621,584 | € 489,955 | ▼ 21% |
| Retained profit | € -475,934 | € -569,311 | € -633,350 | € -1,024,702 | ▼ € 391,352 |
| Bank debt | € 306,263 | € 438,579 | € 664,864 | € 708,442 | ▲ 7% |
| Balance sheet total | € 1,406,342 | € 1,731,201 | € 1,624,284 | € 1,759,369 | ▲ 8% |
| Employees (FTE) | 26.9 | 29.1 | 29.6 | 28.2 | ▼ 1.4 |
Key figures of TRAINING SOLUTIONS, 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 TRAINING SOLUTIONS?
What happened at TRAINING SOLUTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CEPS ASBL stepped down as director. NBB
- Vidyas SCRL stepped down as director. NBB
- ESM SCRL stepped down as director. NBB
- Muriel GYSENS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 391,352. Source: NBB ↗
- Vidyas SCRL became a director. NBB
- ESM SCRL became a director. NBB
- Muriel GYSENS became a director. NBB
In short
From € 80,860 profit in 2022 to € 391,352 loss in 2025.
Paid € 190,320 in corporate taxes since 2022.
Best year ever: 2022, with € 80,860 profit.
On average € 95,500 of value added per employee in 2025.
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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
The stake of EUROPEAN SAFETY MAINTENANCE, VIDYAS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TRAINING SOLUTIONSThe shares are held by EUROPEAN SAFETY MAINTENANCE (33.3%) and VIDYAS (16.6%).
Directors
According to the 2025 annual accounts
Vice-chairman of the board · represented by Philippe HELLA
Also active at: A-FIRST, Centre de Recherche et d'Etudes sur la Sécurité, l'Ergonomie et la Promotion des Conditions de Travail, CEGIS, EUROPEAN SAFETY MAINTENANCE
since 2024 · until 2027
Chairman of the board · represented by Serge SERON
Also active at: Centre de Recherche et d'Etudes sur la Sécurité, l'Ergonomie et la Promotion des Conditions de Travail
since 2024 · until 2027
Director · represented by Marc UBAGHS
Also active at: A-FIRST, Centre de Recherche et d'Etudes sur la Sécurité, l'Ergonomie et la Promotion des Conditions de Travail
since 2024 · until 2027
since 2024 · until 2027
Shareholders
16.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 231
1050 Elsene
Zoning Industriel-1ère rue 5 box B
6040 Charleroi
Active since 15 February 2012
Joseph Cardijnstraat 34
9420 Erpe-Mere
Active since 15 February 2012
Beversesteenweg 628
8800 Roeselare
Active since 15 February 2012
Oosterring 16
3600 Genk
Active since 15 February 2012
Toekomstlaan 51 box 79
2280 Grobbendonk
Active since 15 February 2012
Rue de la Providence 114
6030 Charleroi
Active since 15 February 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0843.405.496
- VAT number
- BE 0843.405.496
- Registered office
- Louizalaan 231, 1050 Elsene
- Names & denominations
- TRAINING SOLUTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 2012
- Peppol
- Active · Active since 8 May 2025
- Activities · NACE
Beroepsopleiding
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Beveiligingsactiviteiten, neg
Overige zakelijke dienstverlening, neg
Diensten in verband met beveiligingssystemen
Overige gespecialiseerde wetenschappelijke en technische activiteiten