ACTIVE

TS FLANDERS

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Financial year 2025 · Closed on 30/09/2025

Net result-89,5 k €-16,0 %over 1 year
Gross margin-93,3 k €-13,5 %over 1 year
Equity2,8 M €-3,1 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

TS FLANDERS is a Public limited company incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.937.619
Incorporation
27/04/1999
Legal form
Public limited company
Registered office
Verlorenkost 11
9000 Gent · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin-93,3 k €-82,2 k €-83,7 k €-103,3 k €-111,6 k €
EBITDA-93,4 k €-82,4 k €-83,9 k €-103,4 k €-111,7 k €
Operating result-93,4 k €-82,4 k €-83,9 k €-103,4 k €-111,7 k €
Net result-89,5 k €-77,1 k €76,7 k €-104,4 k €-112,2 k €
Balance sheet
Equity2,8 M €2,9 M €3 M €3 M €3,1 M €
Total assets2,8 M €3 M €3,2 M €3,2 M €3,4 M €
Cash306,2 k €184,7 k €713,6 k €722,8 k €915,8 k €
Debts2,3 k €88 k €229,3 k €258,3 k €356,3 k €
Other
Workforce0,0 ETP0,0 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 38 ended

Active mandates

AVOT

Managing director · since 25 février 2023 · 0465.458.458

Represented by Arne De Moortel

Active
CAPRICORN PARTNERS

Director · since 25 février 2023 · until 25 février 2029 · 0449.330.922

Represented by Steven Levecke

Active
THIEBAUT INTERNATIONAL

Director · since 25 février 2023 · 0846.450.308

Represented by Thiebaut GODELIEVE

Active
Werner Thiebaut

Director · since 25 février 2023

Active

Ended mandates

AVOT

Managing director · since 25 février 2023 · until 25 février 2029 · 0465.458.458

Represented by Arne De Moortel

Ended
AVOT

Director · since 25 février 2023 · 0465.458.458

Represented by Arne De Moortel

Ended
CAPRICORN PARTNERS

Director · since 25 février 2023 · until 25 février 2029 · 0449.330.922

Represented by Steven Levecke

Ended
CAPRICORN PARTNERS

Director · since 25 février 2023 · until 25 février 2029 · 0449.330.922

Represented by Steven Levecke

Ended

Other companies at this address

Verlorenkost 11 9000 Gent
CompanyCBE no.
AVOT● Active
0465.458.458
THIEBAUT INTERNATIONAL● Active
0846.450.308

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/04/202625/03/202519/03/202423/03/202329/03/202224/03/2021
General meeting18/03/202622/02/202526/02/202425/02/202326/02/202227/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202518/03/202615/04/2026DutchPDF
Abridged model30/09/202422/02/202525/03/2025DutchPDF
Abridged model30/09/202326/02/202419/03/2024DutchPDF
Abridged model30/09/202225/02/202323/03/2023DutchPDF
Abridged model30/09/202126/02/202229/03/2022DutchPDF
Micro model30/09/202027/02/202124/03/2021DutchPDF
Micro model30/09/201929/02/202018/03/2020DutchPDF
Micro model30/09/201818/02/201911/03/2019DutchPDF
Micro model30/09/201724/02/201817/04/2018DutchPDF
Abridged model30/09/201625/02/201728/03/2017DutchPDF
Abridged model30/09/201527/02/201611/03/2016DutchPDF
Abridged model30/09/201421/03/201516/04/2015DutchPDF
Abridged model30/09/201322/02/201423/04/2014DutchPDF
Abridged model30/09/201223/03/201326/04/2013DutchPDF
Abridged model30/09/201117/04/201220/04/2012DutchPDF
Abridged model30/09/201026/02/201124/03/2011DutchPDF
Abridged model30/09/200927/02/201025/03/2010DutchPDF
Abridged model30/09/200828/02/200902/03/2009DutchPDF
Abridged model30/09/200723/02/200802/04/2008DutchPDF
Abridged model30/09/200624/02/200702/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 38 ended

Active mandates

AVOT

Managing director · since 25 février 2023 · 0465.458.458

Represented by Arne De Moortel

Active
CAPRICORN PARTNERS

Director · since 25 février 2023 · until 25 février 2029 · 0449.330.922

Represented by Steven Levecke

Active
THIEBAUT INTERNATIONAL

Director · since 25 février 2023 · 0846.450.308

Represented by Thiebaut GODELIEVE

Active
Werner Thiebaut

Director · since 25 février 2023

Active

Ended mandates

AVOT

Managing director · since 25 février 2023 · until 25 février 2029 · 0465.458.458

Represented by Arne De Moortel

Ended
AVOT

Director · since 25 février 2023 · 0465.458.458

Represented by Arne De Moortel

Ended
CAPRICORN PARTNERS

Director · since 25 février 2023 · until 25 février 2029 · 0449.330.922

Represented by Steven Levecke

Ended
CAPRICORN PARTNERS

Director · since 25 février 2023 · until 25 février 2029 · 0449.330.922

Represented by Steven Levecke

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other08/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office31/05/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/10/2014
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-89,5 k €↓
  2. 2024
    Annual accounts 2024-77,1 k €↓
  3. 2023
    Annual accounts 202376,7 k €↑
  4. 2022
    Annual accounts 2022-104,4 k €↑
  5. 2021
    Annual accounts 2021-112,2 k €↑
  6. 2020
    Annual accounts 2020-167,9 k €↓
  7. 2019
    Annual accounts 2019-15,9 k €↓
  8. 2018
    Annual accounts 2018346,7 k €↓
  9. 2017
    Annual accounts 2017550,2 k €↓
  10. 2016
    Annual accounts 2016846,5 k €↑
  11. 2015
    Annual accounts 2015-117,8 k €↓
  12. 2014
    Annual accounts 2014422 k €↑
  13. 2013
    Annual accounts 2013114,5 k €↓
  14. 2012
    Annual accounts 2012412,2 k €↑
  15. 2011
    Annual accounts 2011309,8 k €↑
  16. 2010
    Annual accounts 201050,8 k €↓
  17. 2009
    Annual accounts 2009476,1 k €↑
  18. 2008
    Annual accounts 2008291,6 k €↑
  19. 2007
    Annual accounts 2007238,6 k €
  20. 27/04/1999
    IncorporationPublic limited company