T.S.A.
0432.651.969 · rovalta.com · 24/09/2026
ACTIVE
T.S.A.
Financial year 2025 · closed on 31/12/2025
Net result
-14,3 k €
-1458.8% YoY
Gross margin
10,5 k €
-61.7% YoY
Equity
549,1 k €
-6.7% YoY
Overview
What does T.S.A. do?
T.S.A. is a Private limited company incorporated in 1987. Its main activity is: Computer programming activities. Its registered office is in Kuurne.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0432.651.969
Incorporation
04/12/1987
Legal form
Private limited company
Registered office
Sint-Michielsweg 38
8520 Kuurne · FlandreSee on map
8520 Kuurne · FlandreSee on map
Contributed capital
484 900,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (1)
- 218
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 10,5 k € | -61.7% | 27,5 k € | -42.5% | 47,7 k € | -23.3% | 62,2 k € | +21.7% | 51,2 k € | -40.6% | 86,1 k € | +1.4% | 84,9 k € | +123% | 38 k € | -35.7% | 59,2 k € | -31.1% | 85,9 k € | +18.9% | 72,2 k € | -3.7% | 75 k € | +4.9% | 71,5 k € | +8.3% | 66,1 k € | -19.5% | 82,1 k € | -3.5% | 85,1 k € | -2.7% | 87,5 k € | -3.6% | 90,8 k € | -4.6% | 95,1 k € |
| EBITDA | 6,3 k € | -74.4% | 24,6 k € | -45.5% | 45,2 k € | -24.4% | 59,7 k € | +23.5% | 48,4 k € | -41.2% | 82,2 k € | -0.1% | 82,3 k € | +132% | 35,5 k € | +50.3% | 23,6 k € | -32.6% | 35 k € | +13.1% | 31 k € | +51.6% | 20,4 k € | +19.5% | 17,1 k € | +25.6% | 13,6 k € | -56.4% | 31,3 k € | -7.0% | 33,6 k € | -11.6% | 38,1 k € | -10.1% | 42,3 k € | -8.8% | 46,4 k € |
| Operating result | -14 k € | -797% | 2 k € | -89.1% | 18,5 k € | -51.9% | 38,4 k € | +156% | 15 k € | -62.9% | 40,4 k € | -8.8% | 44,3 k € | +6300% | 692,9 € | -60.5% | 1,8 k € | -71.9% | 6,2 k € | +854% | 654,1 € | +117% | -3,8 k € | -270% | 2,2 k € | -33.6% | 3,4 k € | -82.8% | 19,5 k € | +196% | 6,6 k € | -17.6% | 8 k € | +11.1% | 7,2 k € | +1.4% | 7,1 k € |
| Net result | -14,3 k € | -1459% | 1,1 k € | -91.5% | 12,3 k € | -55.8% | 27,9 k € | +169% | 10,4 k € | -59.3% | 25,5 k € | -5.5% | 26,9 k € | +14536% | 184,1 € | -84.9% | 1,2 k € | -64.2% | 3,4 k € | -42.7% | 6 k € | +207% | -5,6 k € | -1326% | 452,9 € | -56.3% | 1 k € | -90.7% | 11,2 k € | +412% | 2,2 k € | +808% | 240,9 € | -75.5% | 983,3 € | +202% | 325,9 € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 549,1 k € | -6.7% | 588,8 k € | +354% | 129,7 k € | +10.5% | 117,4 k € | +8.6% | 108,1 k € | -19.9% | 135 k € | +23.2% | 109,5 k € | +32.6% | 82,6 k € | +0.2% | 82,4 k € | +1.5% | 81,2 k € | +4.4% | 77,8 k € | +8.3% | 71,8 k € | -7.2% | 77,4 k € | +0.6% | 76,9 k € | -20.6% | 96,9 k € | +3.4% | 93,7 k € | +2.4% | 91,5 k € | +0.3% | 91,3 k € | +1.1% | 90,3 k € |
| Total assets | 586,2 k € | -3.9% | 609,7 k € | +331% | 141,4 k € | -6.0% | 150,4 k € | -17.6% | 182,5 k € | +28.5% | 142 k € | +20.5% | 117,9 k € | -19.9% | 147,1 k € | +21.9% | 120,7 k € | -23.1% | 157 k € | -21.6% | 200,3 k € | +16.3% | 172,3 k € | -10.2% | 191,8 k € | +8.1% | 177,4 k € | -10.1% | 197,3 k € | +1.7% | 194 k € | -11.5% | 219,3 k € | -9.7% | 242,9 k € | -11.4% | 274,2 k € |
| Cash | 74,6 k € | +5.9% | 70,4 k € | +14.6% | 61,4 k € | +43.6% | 42,8 k € | -66.3% | 126,8 k € | +470% | 22,3 k € | +536% | 3,5 k € | -42.4% | 6,1 k € | +95.9% | 3,1 k € | -64.5% | 8,8 k € | +28.7% | 6,8 k € | +37.0% | 5 k € | +149% | 2 k € | -63.2% | 5,4 k € | -41.3% | 9,2 k € | +251% | 2,6 k € | -59.3% | 6,4 k € | -37.3% | 10,3 k € | +16.8% | 8,8 k € |
| Debts | 37 k € | +77.5% | 20,9 k € | +80.6% | 11,5 k € | -65.0% | 33 k € | -55.7% | 74,5 k € | +957% | 7 k € | -15.5% | 8,3 k € | -87.1% | 64,5 k € | +68.4% | 38,3 k € | -48.5% | 74,4 k € | -38.7% | 121,4 k € | +20.9% | 100,4 k € | -12.2% | 114,4 k € | +13.9% | 100,4 k € | +0.0% | 100,4 k € | +1.5% | 99 k € | -22.5% | 127,8 k € | -15.8% | 151,7 k € | -17.5% | 184 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 0,9 ETP | 0.0% | 0,9 ETP | -10.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | |||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 4 ended
Active mandates
Jos Straetemans
ActiveEnded mandates
Jos Straetemans
EndedJOS STRAETEMANS
EndedJOS STRAETEMANS
EndedJozef STRAETEMANS
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 24/04/2026 | 19/05/2025 | 27/05/2024 | 26/06/2023 | 03/06/2022 | 10/06/2021 |
| General meeting | 22/04/2026 | 02/05/2025 | 16/05/2024 | 23/06/2023 | 23/05/2022 | 25/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 22/04/2026 | 24/04/2026 | Dutch | |
| Micro model | 31/12/2024 | 02/05/2025 | 19/05/2025 | Dutch | |
| Micro model | 31/12/2023 | 16/05/2024 | 27/05/2024 | Dutch | |
| Micro model | 31/12/2022 | 23/06/2023 | 26/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 23/05/2022 | 03/06/2022 | Dutch | |
| Micro model | 31/12/2020 | 25/05/2021 | 10/06/2021 | Dutch | |
| Micro model | 31/12/2019 | 25/05/2020 | 04/06/2020 | Dutch | |
| Micro model | 31/12/2018 | 27/05/2019 | 27/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 28/05/2018 | 28/05/2018 | Dutch | |
| Micro model | 31/12/2016 | 22/05/2017 | 14/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 23/05/2016 | 24/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 26/05/2015 | 08/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 26/05/2014 | 08/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 27/05/2013 | 06/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 28/05/2012 | 06/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 23/05/2011 | 30/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 25/05/2010 | 26/05/2010 | Dutch | |
| Abridged model | 31/12/2008 | 25/05/2009 | 16/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 26/05/2008 | 29/05/2008 | Dutch | |
| Abridged model | 31/12/2006 | 26/05/2007 | 11/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 4 ended
Active mandates
Jos Straetemans
ActiveEnded mandates
Jos Straetemans
EndedJOS STRAETEMANS
EndedJOS STRAETEMANS
EndedJozef STRAETEMANS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates27/09/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Restructuring10/02/2021BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring04/11/2020WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Other04/05/2011STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares08/03/2010KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-14,3 k €↓
- 2024Annual accounts 20241,1 k €↓
- 2023Annual accounts 202312,3 k €↓
- 2022Annual accounts 202227,9 k €↑
- 2021Annual accounts 202110,4 k €↓
- 2019Annual accounts 201925,5 k €↓
- 2018Annual accounts 201826,9 k €↑
- 2017Annual accounts 2017184,1 €↓
- 2016Annual accounts 20161,2 k €↓
- 2015Annual accounts 20153,4 k €↓
- 2014Annual accounts 20146 k €↑
- 2013Annual accounts 2013-5,6 k €↓
- 2012Annual accounts 2012452,9 €↓
- 2011Annual accounts 20111 k €↓
- 2010Annual accounts 201011,2 k €↑
- 2009Annual accounts 20092,2 k €↑
- 2008Annual accounts 2008240,9 €↓
- 2007Annual accounts 2007983,3 €↑
- 2006Annual accounts 2006325,9 €
- 04/12/1987IncorporationPrivate limited company