ACTIVE

N.T.S.A.

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

600,9 k €

-4.2% YoY

Gross margin

2,2 M €

-5.3% YoY

Equity

3,1 M €

+4.4% YoY

Workforce

19,5 ETP

-8.5% YoY

What does N.T.S.A. do?

N.T.S.A. is a Private company with limited liability incorporated in 1992. Its registered office is in Asse. It employs on average 19,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.592.741

Incorporation

10/06/1992

Legal form

Private company with limited liability

Registered office

Poverstraat 108
1731 Asse · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

19,5 ETP

Joint committees (2)

14901
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	2,2 M €	-5.3%	2,4 M €	+13.0%	2,1 M €	-9.7%	2,3 M €	+22.7%	1,9 M €	+12.1%	1,7 M €	-16.3%	2 M €	+6.8%	1,9 M €	-4.8%	2 M €	+13.3%	1,8 M €	+75.6%	1 M €	+17.1%	853,7 k €	+2.7%	831,5 k €	-9.9%	922,9 k €	+42.3%	648,5 k €	-16.2%	774,1 k €	+25.2%	618,1 k €	-1.6%	628,3 k €	+8.5%	578,8 k €	-5.4%	611,7 k €
EBITDA	1 M €	-2.9%	1 M €	+22.6%	849,1 k €	-32.2%	1,3 M €	+32.4%	946,5 k €	+21.2%	781 k €	-23.0%	1 M €	+7.0%	947,8 k €	-10.8%	1,1 M €	+15.0%	924 k €	+182%	328 k €	+10.1%	298 k €	-3.3%	308,2 k €	-27.3%	423,7 k €	+147%	171,2 k €	-52.6%	361,3 k €	+105%	176,6 k €	+10.4%	159,9 k €	+92.7%	83 k €	-19.0%	102,5 k €
Operating result	854,9 k €	-3.5%	886 k €	+29.0%	686,5 k €	-37.9%	1,1 M €	+41.7%	780,3 k €	+13.4%	688 k €	-22.1%	883,7 k €	+6.0%	834 k €	-14.1%	971 k €	+17.2%	828,4 k €	+307%	203,5 k €	-5.6%	215,6 k €	-0.5%	216,7 k €	-38.3%	351 k €	+194%	119,5 k €	-59.8%	297,1 k €	+164%	112,6 k €	+19.9%	93,9 k €	+703%	11,7 k €	+58.4%	7,4 k €
Net result	600,9 k €	-4.2%	627,4 k €	+37.1%	457,7 k €	-39.0%	750,2 k €	+39.5%	537,9 k €	+16.0%	463,7 k €	-17.9%	564,6 k €	+5.7%	534,2 k €	-7.6%	577,9 k €	+15.1%	501,9 k €	+382%	104,2 k €	-18.2%	127,4 k €	-14.6%	149,1 k €	-34.4%	227,3 k €	+198%	76,3 k €	-60.5%	193,3 k €	+163%	73,6 k €	+18.8%	61,9 k €	+451%	-17,6 k €	-261%	-4,9 k €
Balance sheet
Equity	3,1 M €	+4.4%	3 M €	+1.9%	2,9 M €	-2.8%	3 M €	+5.8%	2,8 M €	+6.2%	2,7 M €	+9.9%	2,4 M €	+20.7%	2 M €	+31.9%	1,5 M €	+16.3%	1,3 M €	+61.8%	812,3 k €	+14.7%	708,1 k €	+21.9%	580,7 k €	+6.3%	546,4 k €	+27.9%	427,1 k €	-5.3%	450,8 k €	+26.1%	357,5 k €	+25.9%	284 k €	+27.9%	222 k €	-7.4%	239,7 k €
Total assets	4,7 M €	+7.1%	4,4 M €	+9.8%	4 M €	-11.2%	4,5 M €	+2.5%	4,4 M €	+15.3%	3,8 M €	+7.5%	3,5 M €	+11.1%	3,2 M €	+13.4%	2,8 M €	+5.4%	2,7 M €	+52.4%	1,7 M €	-12.2%	2 M €	+40.4%	1,4 M €	+31.3%	1,1 M €	-34.7%	1,6 M €	+82.5%	901,8 k €	+21.2%	743,9 k €	+5.9%	702,7 k €	-2.6%	721,8 k €	+3.1%	700,2 k €
Cash	627,9 k €	+8.3%	579,8 k €	+22.6%	472,7 k €	-74.2%	1,8 M €	-3.0%	1,9 M €	+11.0%	1,7 M €	+13.0%	1,5 M €	+9.8%	1,4 M €	-1.6%	1,4 M €	+23.8%	1,1 M €	+111%	533,9 k €	-45.4%	977,1 k €	+62.0%	603,1 k €	+13.9%	529,6 k €	-7.5%	572,6 k €	+52.7%	374,9 k €	+33.6%	280,6 k €	+88.8%	148,6 k €	+17.4%	126,5 k €	+17.1%	108 k €
Debts	1,5 M €	+13.6%	1,3 M €	+33.5%	1 M €	-29.1%	1,4 M €	-2.2%	1,5 M €	+37.6%	1,1 M €	+2.8%	1 M €	-5.7%	1,1 M €	-9.3%	1,2 M €	-5.3%	1,3 M €	+37.0%	927,9 k €	-27.1%	1,3 M €	+53.2%	831,3 k €	+57.2%	528,8 k €	-56.6%	1,2 M €	+204%	400,6 k €	+3.7%	386,4 k €	-7.7%	418,6 k €	-16.2%	499,8 k €	+8.9%	459,1 k €
Other
Workforce	19,5 ETP	-8.5%	21,3 ETP	+2.9%	20,7 ETP	+13.1%	18,3 ETP	-4.2%	19,1 ETP	-12.4%	21,8 ETP	+4.8%	20,8 ETP	+5.1%	19,8 ETP	+4.2%	19,0 ETP	+6.7%	17,8 ETP	+17.1%	15,2 ETP	+24.6%	12,2 ETP	+3.4%	11,8 ETP	+4.4%	11,3 ETP	-4.2%	11,8 ETP	-7.8%	12,8 ETP	-1.5%	13,0 ETP	0.0%	13,0 ETP	-7.8%	14,1 ETP	-4.7%	14,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Thibault FAYT

Director

Active

Ended mandates

Daniel FAYT

Manager

Ended

Monique STEYAERT

Manager

Ended

Thibault FAYT

Manager

Ended

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	28/07/2026	31/08/2025	13/08/2024	31/08/2023	28/07/2022	31/08/2021
General meeting	30/06/2026	06/06/2025	12/08/2024	31/08/2023	30/06/2022	18/08/2021
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 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	12/08/2024	13/08/2024	Dutch	PDF
Abridged model	31/12/2022	31/08/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/08/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/09/2020	23/10/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	07/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	30/09/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	19/08/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	22/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	13/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 3 ended

Active mandates

Thibault FAYT

Director

Active

Ended mandates

Daniel FAYT

Manager

Ended

Monique STEYAERT

Manager

Ended

Thibault FAYT

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/01/2018
KAPITAAL - AANDELEN
PDF
Registered office16/03/2015
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares15/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2009
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 2025600,9 k €↓
2024
Annual accounts 2024627,4 k €↑
2023
Annual accounts 2023457,7 k €↓
2022
Annual accounts 2022750,2 k €↑
2021
Annual accounts 2021537,9 k €↑
2020
Annual accounts 2020463,7 k €↓
2019
Annual accounts 2019564,6 k €↑
2018
Annual accounts 2018534,2 k €↓
2017
Annual accounts 2017577,9 k €↑
2016
Annual accounts 2016501,9 k €↑
2015
Annual accounts 2015104,2 k €↓
2014
Annual accounts 2014127,4 k €↓
2013
Annual accounts 2013149,1 k €↓
2012
Annual accounts 2012227,3 k €↑
2011
Annual accounts 201176,3 k €↓
2010
Annual accounts 2010193,3 k €↑
2009
Annual accounts 200973,6 k €↑
2008
Annual accounts 200861,9 k €↑
2007
Annual accounts 2007-17,6 k €↓
2006
Annual accounts 2006-4,9 k €
10/06/1992
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

N.T.S.A.

Overview

What does N.T.S.A. do?

Trend over 20 financial years

Indicative valuation

Board of directors

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