ACTIVE

TST

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Financial year 2025 · closed on 31/12/2025

Net result

39,8 k €

-21.4% YoY

Gross margin

226,5 k €

+10.5% YoY

Equity

351,8 k €

-3.2% YoY

What does TST do?

TST is a Private company with limited liability incorporated in 1992. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Scherpenheuvel-Zichem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.322.725

Incorporation

06/05/1992

Legal form

Private company with limited liability

Registered office

Weg Messelbroek 158
3271 Scherpenheuvel-Zichem · FlandreSee on map

Contributed capital

30 987,00 €

Latest accounts

31/12/2025

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	226,5 k €	+10.5%	205 k €	-28.8%	287,8 k €	+2.1%	281,8 k €	-52.1%	588,3 k €	-18.3%	720,2 k €	+31.5%	547,7 k €	+45.0%	377,9 k €	+2.4%	369 k €	+30.9%	281,9 k €	+9.9%	256,5 k €	+9.2%	235 k €	+37.6%	170,8 k €	+16.5%	146,6 k €	+85.7%	79 k €	+81.9%	43,4 k €	+199%	14,5 k €	+19.4%	12,2 k €	-56.3%	27,9 k €	+0.8%	27,6 k €
EBITDA	147,7 k €	+5.2%	140,4 k €	-20.5%	176,7 k €	+34.0%	131,9 k €	-56.9%	306,4 k €	-26.5%	416,9 k €	+30.8%	318,8 k €	+106%	154,8 k €	+23.7%	125,2 k €	+16.7%	107,2 k €	+3.2%	103,9 k €	+29.2%	80,4 k €	+53.4%	52,4 k €	-47.6%	100 k €	+181%	35,6 k €	+1.9%	35 k €	+153%	13,8 k €	+37.0%	10,1 k €	+139%	-25,9 k €	-24.7%	-20,7 k €
Operating result	67,2 k €	+18.2%	56,8 k €	+409%	-18,4 k €	+70.9%	-63,3 k €	-180%	78,7 k €	-65.1%	225,7 k €	+68.9%	133,7 k €	+426%	25,4 k €	+1933%	-1,4 k €	-110%	13,3 k €	-63.1%	36 k €	+12.4%	32 k €	+74.3%	18,4 k €	-75.4%	74,6 k €	+647%	10 k €	-54.1%	21,8 k €	+488%	3,7 k €	-30.0%	5,3 k €	+117%	-30,7 k €	-44.6%	-21,2 k €
Net result	39,8 k €	-21.4%	50,6 k €	+200%	-50,7 k €	-565%	-7,6 k €	-113%	60,7 k €	-66.7%	182,4 k €	+86.4%	97,9 k €	+567%	14,7 k €	+204%	-14,1 k €	-4862%	297 €	-98.7%	22,4 k €	+17.2%	19,1 k €	+39.9%	13,7 k €	-72.7%	50,1 k €	+1627%	2,9 k €	-85.1%	19,4 k €	+715%	2,4 k €	-43.8%	4,2 k €	+114%	-31 k €	-34.6%	-23,1 k €
Balance sheet
Equity	351,8 k €	-3.2%	363,3 k €	+16.2%	312,7 k €	-14.0%	363,4 k €	-2.1%	371 k €	+19.6%	310,3 k €	+125%	138,2 k €	+243%	40,3 k €	+57.3%	25,6 k €	-35.6%	39,7 k €	+0.8%	39,5 k €	+2.9%	38,3 k €	+99.5%	19,2 k €	+23.6%	15,5 k €	+179%	-19,6 k €	+12.9%	-22,5 k €	+46.4%	-41,9 k €	+5.4%	-44,3 k €	+8.7%	-48,6 k €	-177%	-17,5 k €
Total assets	596,2 k €	-7.8%	646,8 k €	-3.3%	668,6 k €	-27.0%	916,1 k €	-13.8%	1,1 M €	+2.6%	1 M €	+25.2%	827,9 k €	+21.2%	683,1 k €	+11.2%	614,2 k €	+40.0%	438,8 k €	+48.1%	296,3 k €	+10.0%	269,2 k €	+47.7%	182,3 k €	+25.7%	145 k €	+6.7%	135,9 k €	+70.5%	79,7 k €	+41.6%	56,3 k €	+40.2%	40,1 k €	+9.0%	36,8 k €	+77.4%	20,8 k €
Cash	89,6 k €	-25.9%	120,9 k €	+54.1%	78,5 k €	-21.3%	99,7 k €	-30.4%	143,2 k €	-35.8%	223,1 k €	+33.5%	167,1 k €	-6.0%	177,8 k €	+4.7%	169,8 k €	+535%	26,7 k €	-39.4%	44,2 k €	+503%	7,3 k €	-78.1%	33,5 k €	+27.4%	26,3 k €	+143%	10,8 k €	-43.4%	19,1 k €	+35.5%	14,1 k €	+39.5%	10,1 k €	+17.9%	8,6 k €		–
Debts	244,3 k €	-13.8%	283,5 k €	-20.3%	355,9 k €	-35.6%	552,7 k €	-20.1%	691,9 k €	-4.7%	725,7 k €	+5.2%	689,7 k €	+7.3%	642,9 k €	+9.2%	588,5 k €	+47.5%	399 k €	+55.4%	256,8 k €	+11.2%	230,9 k €	+41.6%	163,1 k €	+26.0%	129,4 k €	-16.8%	155,5 k €	+52.2%	102,2 k €	+4.0%	98,2 k €	+16.3%	84,5 k €	-1.1%	85,4 k €	+137%	36 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		3,4 ETP	+6.2%	3,2 ETP	+10.3%	2,9 ETP	+142%	1,2 ETP	+20.0%	1,0 ETP	+400%	0,2 ETP		–		–		1,0 ETP	-75.0%	4,0 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 31/12/2025 · 1 active · 11 ended

Active mandates

Tom VAN GORP

Director

Active

Ended mandates

Van Gorp Tom

Manager · since 02 janvier 2011

Ended

Monique Bourgeois

Administrator - manager · since 01 septembre 2008

Ended

Bart WELLENS

Manager · since 01 avril 2007

Ended

Janica VAN LOO

Manager · since 01 avril 2007

Ended

At this address

Other companies at this address

Company	CBE no.
JJ-CROC-ONE● Active	0756.624.942

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	09/07/2026	24/07/2025	25/07/2024	20/07/2023	08/07/2022	19/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	23/06/2023	24/06/2022	25/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	09/07/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	19/07/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	06/07/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	19/07/2019	Dutch	PDF
Micro model	31/12/2017	08/05/2018	06/06/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	15/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	01/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	02/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	24/07/2009	Dutch	PDF
Abridged model	31/12/2007	31/07/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	04/07/2007	Dutch	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 31/12/2025 · 1 active · 11 ended

Active mandates

Tom VAN GORP

Director

Active

Ended mandates

Van Gorp Tom

Manager · since 02 janvier 2011

Ended

Monique Bourgeois

Administrator - manager · since 01 septembre 2008

Ended

Bart WELLENS

Manager · since 01 avril 2007

Ended

Janica VAN LOO

Manager · since 01 avril 2007

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office17/12/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Registered office31/01/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/01/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other26/05/2009
BENAMING
PDF
Mandates24/09/2008
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office17/07/2008
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/09/2007
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 202539,8 k €↓
2024
Annual accounts 202450,6 k €↑
2023
Annual accounts 2023-50,7 k €↓
2022
Annual accounts 2022-7,6 k €↓
2021
Annual accounts 202160,7 k €↓
2020
Annual accounts 2020182,4 k €↑
2019
Annual accounts 201997,9 k €↑
2018
Annual accounts 201814,7 k €↑
2017
Annual accounts 2017-14,1 k €↓
2016
Annual accounts 2016297 €↓
2015
Annual accounts 201522,4 k €↑
2014
Annual accounts 201419,1 k €↑
2013
Annual accounts 201313,7 k €↓
2012
Annual accounts 201250,1 k €↑
2011
Annual accounts 20112,9 k €↓
2010
Annual accounts 201019,4 k €↑
2009
Annual accounts 20092,4 k €↓
2008
Annual accounts 20084,2 k €↑
2008
Name changeTST
2007
Annual accounts 2007-31 k €↓
2006
Annual accounts 2006-23,1 k €
2006
Name changeALL-GYP PROJECTS
06/05/1992
IncorporationPrivate company with limited liability

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

TST

Overview

What does TST do?

Trend over 20 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