ACTIVE

TSN

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Financial year 2024 · closed on 31/12/2024

Net result

68,9 k €

-47.4% YoY

Gross margin

340,6 k €

-10.0% YoY

Equity

384,2 k €

+5.0% YoY

What does TSN do?

TSN is a Private limited company incorporated in 1982. Its main activity is: Wholesale of china and glassware and cleaning materials. Its registered office is in Jette.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.099.350

Incorporation

12/10/1982

Legal form

Private limited company

Registered office

Avenue de Levis Mirepoix 76
1090 Jette · BruxellesSee on map

Contributed capital

56 250,00 €

Latest accounts

31/12/2024

Activities (NACE)

46442Wholesale of china and glassware and cleaning materials· main 46442Wholesale of china and glassware and cleaning materials 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment 51442Air transport 51871Air transport

Joint committees (3)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	340,6 k €	-10.0%	378,4 k €	+22.0%	310,3 k €	+48.1%	209,4 k €	+107%	101,1 k €	-73.9%	387,9 k €	-10.7%	434,3 k €	+55.8%	278,7 k €	+0.1%	278,3 k €	-3.3%	287,8 k €	+46.9%	195,9 k €	-14.3%	228,5 k €	+0.7%	226,9 k €	+32.1%	171,8 k €	-21.6%	219,2 k €	+0.5%	218,2 k €	-2.4%	223,4 k €	+5.9%	211,1 k €	-12.5%	241,2 k €
EBITDA	168,5 k €	-22.8%	218,4 k €	+20.3%	181,5 k €	+43.3%	126,6 k €	+1102%	-12,6 k €	-105%	234,5 k €	-14.3%	273,6 k €	+87.2%	146,2 k €	-9.6%	161,7 k €	-13.1%	186 k €	+125%	82,6 k €	-29.9%	117,8 k €	-6.2%	125,5 k €	+98.5%	63,2 k €	-52.3%	132,5 k €	+4.4%	127 k €	-8.6%	138,9 k €	+14.2%	121,7 k €	-8.1%	132,4 k €
Operating result	101,3 k €	-37.5%	162 k €	+22.5%	132,2 k €	+217%	41,8 k €	+139%	-106,2 k €	-187%	122 k €	-32.3%	180,3 k €	+104%	88,3 k €	-13.2%	101,7 k €	-26.1%	137,7 k €	+277%	36,5 k €	-42.5%	63,5 k €	-11.7%	72 k €	+8689%	818,7 €	-98.9%	71,5 k €	+20.2%	59,5 k €	-14.7%	69,8 k €	+67.2%	41,7 k €	-44.6%	75,3 k €
Net result	68,9 k €	-47.4%	130,9 k €	+7.6%	121,7 k €	+197%	40,9 k €	+139%	-105,5 k €	-203%	102,6 k €	-31.9%	150,8 k €	+122%	67,9 k €	-20.6%	85,5 k €	-19.4%	106,1 k €	+180%	37,8 k €	-33.2%	56,6 k €	-10.8%	63,5 k €	+12551%	501,9 €	-99.3%	67,7 k €	+31.6%	51,5 k €	-5.3%	54,3 k €	+30.0%	41,8 k €	-22.9%	54,2 k €
Balance sheet
Equity	384,2 k €	+5.0%	365,8 k €	+9.1%	335,2 k €	+14.0%	294 k €	+1.9%	288,5 k €	-26.7%	393,4 k €	+8.9%	361,1 k €	+28.7%	280,7 k €	+7.8%	260,4 k €	+17.0%	222,5 k €	+35.6%	164,1 k €	+0.1%	163,8 k €	+17.2%	139,8 k €	+9.3%	127,9 k €	-24.5%	169,4 k €	+17.4%	144,3 k €	+6.5%	135,5 k €	+19.1%	113,8 k €	+1.9%	111,7 k €
Total assets	761,1 k €	+1.2%	752,5 k €	+27.7%	589,2 k €	+3.3%	570,2 k €	+13.4%	502,7 k €	-29.8%	715,8 k €	+7.2%	667,7 k €	+42.7%	468,1 k €	-2.6%	480,4 k €	+17.6%	408,5 k €	+17.7%	347,1 k €	-2.9%	357,5 k €	-14.4%	417,7 k €	+10.0%	379,7 k €	-7.9%	412,2 k €	+0.5%	410 k €	-8.7%	449,2 k €	+3.3%	434,9 k €	+10.0%	395,2 k €
Cash	29,8 k €	-51.5%	61,4 k €	-25.8%	82,8 k €	-4.6%	86,7 k €	+158%	33,7 k €	-56.8%	77,9 k €	-58.5%	187,7 k €	+28.9%	145,7 k €	-12.2%	165,9 k €	+125%	73,7 k €	+362%	15,9 k €	-8.6%	17,4 k €	-4.7%	18,3 k €	-76.4%	77,6 k €	+93.2%	40,2 k €	-12.6%	46 k €	+82.7%	25,2 k €	+435%	4,7 k €	-80.8%	24,5 k €
Debts	337,3 k €	-2.8%	347,1 k €	+62.0%	214,2 k €	-9.4%	236,4 k €	+35.6%	174,3 k €	-38.1%	281,4 k €	+6.0%	265,5 k €	+75.7%	151,1 k €	-23.9%	198,6 k €	+20.8%	164,4 k €	+2.0%	161,3 k €	-6.1%	171,7 k €	-32.8%	255,7 k €	+16.7%	219 k €	-0.6%	220,3 k €	-9.4%	243,1 k €	-15.3%	287 k €	-3.7%	297,9 k €	+14.7%	259,8 k €
Other
Workforce	–		–		–		–		–		–		–		3,0 ETP		–		3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+3.4%	2,9 ETP	+3.6%	2,8 ETP	-24.3%	3,7 ETP	+5.7%	3,5 ETP	+29.6%	2,7 ETP	-18.2%	3,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

MARC GILLEMAN

Director · since 01 novembre 2005

Active

Ended mandates

MARC GILLEMAN

Manager · since 01 novembre 2005 · until 30 octobre 2011

Ended

MARC GILLEMAN

Manager · since 01 novembre 2005

Ended

MARC GILLEMAN

Manager

Ended

MARC GILLEMEN

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires de l'immeuble sis à 1090 Jette, avenue de Levis Mirepoix 76● Active	0506.688.210
TSN IMMO● Active	0728.798.909

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/01/2026	31/08/2024	23/10/2023	31/10/2022	10/11/2021	09/12/2020
General meeting	30/09/2025	30/06/2024	30/09/2023	30/06/2022	30/06/2021	08/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	30/09/2025	09/01/2026	French	PDF
Micro model	31/12/2023	30/06/2024	31/08/2024	French	PDF
Micro model	31/12/2022	30/09/2023	23/10/2023	French	PDF
Micro model	31/12/2021	30/06/2022	31/10/2022	French	PDF
Micro model	31/12/2020	30/06/2021	10/11/2021	French	PDF
Micro model	31/12/2019	08/09/2020	09/12/2020	French	PDF
Micro model	31/12/2018	14/06/2019	05/07/2019	French	PDF
Abridged modelCorrection	31/12/2017	08/05/2018	28/09/2018	French	PDF
Abridged model	31/12/2017	08/05/2018	20/08/2018	French	PDF
Micro model	31/12/2016	09/05/2017	20/07/2017	French	PDF
Abridged model	31/12/2015	10/05/2016	28/07/2016	French	PDF
Abridged model	31/12/2014	12/05/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	13/05/2014	29/07/2014	French	PDF
Abridged model	31/12/2012	14/05/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	08/05/2012	02/08/2012	French	PDF
Abridged model	31/12/2010	10/05/2011	30/09/2011	French	PDF
Abridged model	31/12/2009	11/05/2010	31/07/2010	French	PDF
Abridged model	31/12/2008	12/05/2009	31/10/2009	French	PDF
Abridged model	31/12/2007	13/05/2008	30/08/2008	French	PDF
Abridged model	31/12/2006	08/05/2007	31/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 5 ended

Active mandates

MARC GILLEMAN

Director · since 01 novembre 2005

Active

Ended mandates

MARC GILLEMAN

Manager · since 01 novembre 2005 · until 30 octobre 2011

Ended

MARC GILLEMAN

Manager · since 01 novembre 2005

Ended

MARC GILLEMAN

Manager

Ended

MARC GILLEMEN

Managing director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates29/03/2006
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202468,9 k €↓
2023
Annual accounts 2023130,9 k €↑
2022
Annual accounts 2022121,7 k €↑
2021
Annual accounts 202140,9 k €↑
2020
Annual accounts 2020-105,5 k €↓
2019
Annual accounts 2019102,6 k €↓
2018
Annual accounts 2018150,8 k €↑
2017
Annual accounts 201767,9 k €↓
2016
Annual accounts 201685,5 k €↓
2015
Annual accounts 2015106,1 k €↑
2014
Annual accounts 201437,8 k €↓
2013
Annual accounts 201356,6 k €↓
2012
Annual accounts 201263,5 k €↑
2011
Annual accounts 2011501,9 €↓
2010
Annual accounts 201067,7 k €↑
2009
Annual accounts 200951,5 k €↓
2008
Annual accounts 200854,3 k €↑
2007
Annual accounts 200741,8 k €↓
2006
Annual accounts 200654,2 k €
12/10/1982
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TSN

Overview

What does TSN do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline