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 2 of the last 3 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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TSDE from Donceel, company number BE1002841230, closed financial year 2025 with a result of € -1,373 after tax. For that financial year TSDE recorded a gross margin of € -907 and equity of € -2,599. Compared with financial year 2024, the result moved from € -1,616 to € -1,373. 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 13, 2026.
€ -2,599
▼ € 1,373 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,373
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,001
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,599.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -2,289 | € -971 | € -907 | ▲ € 64 |
| Profit after taxes | € -2,610 | € -1,616 | € -1,373 | ▲ € 243 |
| Equity | € 390 | € -1,226 | € -2,599 | ▼ € 1,373 |
| Total debts | € 2,610 | € 1,900 | € 3,600 | ▲ 89% |
| Cash | € 3,000 | € 674 | € 1,001 | ▲ 49% |
| Retained profit | € -2,610 | € -4,226 | € -5,599 | ▼ € 1,373 |
| Balance sheet total | € 3,000 | € 674 | € 1,001 | ▲ 49% |
Key figures of TSDE, 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 TSDE?
What happened at TSDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,373. Source: NBB ↗
- New establishment in Donceel. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,610 loss in 2023 to € 1,373 loss in 2025.
Management
Behind TSDE is Sébastien Tirtey. Sébastien Tirtey is also behind STHOD'S.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue la Roue 54
4357 Donceel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 1002.841.230
- VAT number
- BE 1002.841.230
- Registered office
- Rue la Roue 54, 4357 Donceel
- Names & denominations
- TSDE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2023
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
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