T.S.I.
0543.514.358 · rovalta.com · 25/09/2026
ACTIVE
T.S.I.
Financial year 2025 · Closed on 30/09/2025
Net result10,1 k €-52,9 %over 1 year
Gross margin74,6 k €+8,4 %over 1 year
Equity618,6 k €+1,7 %over 1 year
Workforce0,4 ETP
Overview
Identity
Source · BCE/KBOT.S.I. is a Public limited company incorporated in 2013. Its main activity is: Activities of holding companies. Its registered office is in Etterbeek. It employs on average 0,4 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0543.514.358
- Incorporation
- 20/12/2013
- Legal form
- Public limited company
- Registered office
- Cours Saint Michel 30b
1040 Etterbeek · BruxellesSee on map - Contributed capital
- 416 957,12 €
- Latest accounts
- 30/09/2025
- Average workforce
- 0,4 ETP
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 12 filingsTrend over 12 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 74,6 k € | +8.4% | 68,8 k € | -10.7% | 77 k € | +71.7% | 44,8 k € | -32.7% | 66,6 k € |
| EBITDA | 56,3 k € | -17.6% | 68,3 k € | -1.1% | 69,1 k € | +55.4% | 44,5 k € | -30.9% | 64,4 k € |
| Operating result | 15,2 k € | -49.7% | 30,2 k € | -10.0% | 33,6 k € | +64.1% | 20,5 k € | -51.8% | 42,4 k € |
| Net result | 10,1 k € | -52.9% | 21,5 k € | -10.4% | 24 k € | +70.1% | 14,1 k € | -55.0% | 31,3 k € |
| Balance sheet | |||||||||
| Equity | 618,6 k € | +1.7% | 608,4 k € | +3.7% | 587 k € | +4.3% | 563 k € | +47.4% | 382 k € |
| Total assets | 673,1 k € | +8.9% | 617,9 k € | +2.3% | 604 k € | +1.6% | 594,7 k € | +52.2% | 390,7 k € |
| Cash | 343,8 k € | +0.4% | 342,5 k € | -4.9% | 360,1 k € | -3.8% | 374,3 k € | +62.0% | 231,1 k € |
| Debts | 15,2 k € | +60.0% | 9,5 k € | -44.3% | 17,1 k € | -46.3% | 31,8 k € | +267% | 8,7 k € |
| Other | |||||||||
| Workforce | 0,4 ETP | – | – | – | – | ||||
Valuation
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationBoard of directors
Source · NBB, accounts to 30/09/202517 active · 29 ended
Active mandates
Andrew MENZIES
ActiveChristodoulos SEFERIS
ActiveChristophe RONDEAU
ActiveActive
Horacio ROCHA SAN MIGUEL
ActiveIbrahim ABU YOUSSEF
ActiveJens EDLUND
ActiveJonathan FRANKS
ActiveJose-Luis SARRIO
ActiveMikail JAMAN
ActiveNdeye Marieme FALL
ActiveRobertus VAN DEN BOSCH
ActiveJeroen VAN DER LINDEN
ActiveTomas DIEZ SANJUAN
ActiveChristian FOUCHARD
ActiveMarc DESJARDINS
ActiveSylvain BEGENNE
ActiveEnded mandates
Christophe RONDEAU
EndedHoracio ROCHA SAN MIGUEL
EndedJeroen VAN DER LINDEN
EndedJose-Luis SARRIO
EndedOther companies at this address
Cours Saint Michel 30b 1040 Etterbeek| Company | CBE no. |
|---|---|
ALIGN ADVISORY● Active | 0674.839.886 |
ALIGN MEDIA● Active | 0674.510.779 |
ALIX● Active | 0721.620.513 |
BC Brands● Active | 0679.560.125 |
BEYOND BIZ● Active | 1012.245.874 |
CRUZZER● Active | 0684.642.331 |
Dentistry GPT● Active | 1036.641.176 |
Digital Leadership Institute● Active | 0550.838.947 |
DODECADE● Active | 1006.297.202 |
Ether Energy● Active | 0747.877.918 |
| 0718.594.509 | |
Flexibility Hub● Active | 1020.403.475 |
HELIX CONSULTING● Active | 0804.248.477 |
KAINTESSENCE / A.A.A ASBL● Active | 1001.118.984 |
KAWA STUDIO● Active | 0628.577.915 |
KEYWORDS● Active | 1036.164.391 |
POLYGON VENTURES● Active | 0783.667.057 |
RIMA CONSULTING● Active | 1012.115.420 |
SOLUTION360● Active | 1010.466.519 |
WORLD TRAVEL COMPANY● Active | 0542.540.992 |
Financials
Full financial information
Source · NBB| 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 | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 02/04/2026 | 25/03/2025 | 03/04/2024 | 16/03/2023 | 30/03/2022 | 29/04/2021 |
| General meeting | 02/03/2026 | 03/03/2025 | 01/03/2024 | 01/03/2023 | 01/03/2022 | 01/03/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 12 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 02/03/2026 | 02/04/2026 | French | |
| Abridged model | 30/09/2024 | 03/03/2025 | 25/03/2025 | French | |
| Abridged model | 30/09/2023 | 01/03/2024 | 03/04/2024 | French | |
| Abridged model | 30/09/2022 | 01/03/2023 | 16/03/2023 | French | |
| Abridged model | 30/09/2021 | 01/03/2022 | 30/03/2022 | French | |
| Abridged model | 30/09/2020 | 01/03/2021 | 29/04/2021 | French | |
| Abridged model | 30/09/2019 | 02/03/2020 | 28/04/2020 | French | |
| Abridged model | 30/09/2018 | 01/03/2019 | 25/04/2019 | French | |
| Abridged model | 30/09/2017 | 23/03/2018 | 03/04/2018 | French | |
| Abridged model | 30/09/2016 | 01/03/2017 | 05/07/2017 | French | |
| Abridged model | 30/09/2015 | 01/03/2016 | 20/04/2016 | French | |
| Abridged model | 30/09/2014 | 02/03/2015 | 28/05/2015 | French |
Valuation
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.
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
Board of directors
Source · NBB, accounts to 30/09/202517 active · 29 ended
Active mandates
Andrew MENZIES
ActiveChristodoulos SEFERIS
ActiveChristophe RONDEAU
ActiveActive
Horacio ROCHA SAN MIGUEL
ActiveIbrahim ABU YOUSSEF
ActiveJens EDLUND
ActiveJonathan FRANKS
ActiveJose-Luis SARRIO
ActiveMikail JAMAN
ActiveNdeye Marieme FALL
ActiveRobertus VAN DEN BOSCH
ActiveJeroen VAN DER LINDEN
ActiveTomas DIEZ SANJUAN
ActiveChristian FOUCHARD
ActiveMarc DESJARDINS
ActiveSylvain BEGENNE
ActiveEnded mandates
Christophe RONDEAU
EndedHoracio ROCHA SAN MIGUEL
EndedJeroen VAN DER LINDEN
EndedJose-Luis SARRIO
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates28/05/2026DEMISSIONS, NOMINATIONS
- Mandates16/06/2025DEMISSIONS, NOMINATIONS
- Capital / shares13/09/2024CAPITAL, ACTIONS
- Capital / shares16/04/2024CAPITAL, ACTIONS - ANNEE COMPTABLE
- Mandates28/04/2023DEMISSIONS, NOMINATIONS
- Registered office19/10/2022STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - SIEGE SOCIAL - CAPITAL, ACTIONS
- Mandates07/04/2022DEMISSIONS, NOMINATIONS - DIVERS
- Mandates15/04/2021DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202510,1 k €↓
- 2024Annual accounts 202421,5 k €↓
- 2023Annual accounts 202324 k €↑
- 2022Annual accounts 202214,1 k €↓
- 2021Annual accounts 202131,3 k €↑
- 2020Annual accounts 202024,2 k €↑
- 2019Annual accounts 201911,4 k €↑
- 2018Annual accounts 20187,5 k €↓
- 2017Annual accounts 201711 k €↓
- 2016Annual accounts 201627,9 k €↑
- 2015Annual accounts 201514 k €↑
- 2014Annual accounts 20144,7 k €
- 20/12/2013IncorporationPublic limited company