NORMAL SITUATION

TS-251

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Financial year 2025 · closed on 31/12/2025
Net result
5,5 k €
-19.1% YoY
Revenue
377,5 k €
+11.8% YoY
Equity
96,9 k €
+6.0% YoY
Workforce
2,9 ETP
-6.5% YoY

Company — Normal situation.

Strike-off: 21 août 2026

What does TS-251 do?

TS-251 is a Private limited company incorporated in 2020. It employs on average 2,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0754.488.368
Incorporation
16/09/2020
Legal form
Private limited company
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
2,9 ETP
Joint committees (1)
  • 20100
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue377,5 k €337,7 k €–––
EBITDA26,8 k €16,4 k €23,3 k €10 k €76,3 k €
Operating result14,1 k €14,1 k €21,3 k €8,9 k €74,2 k €
Net result5,5 k €6,8 k €15,1 k €4,2 k €55,4 k €
Balance sheet
Equity96,9 k €91,4 k €84,6 k €69,5 k €65,4 k €
Total assets171,2 k €286,7 k €179,8 k €163,3 k €167,7 k €
Cash61,1 k €55,2 k €73,3 k €112,8 k €39,9 k €
Debts74,3 k €195,4 k €95 k €90,4 k €100,6 k €
Other
Workforce2,9 ETP3,1 ETP3,4 ETP3,3 ETP2,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Robert Termeer

Director · since 16 septembre 2020

Active

Ended mandates

Eduard Termeer Robert

Director · since 16 septembre 2020

Ended
Eduard R. Termeer

Director

Ended
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202216/09/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months16 months
Filing date23/06/202622/09/202525/03/202513/07/202324/06/2022
General meeting01/06/202608/09/202528/02/202530/06/202314/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202623/06/2026DutchPDF
Abridged model31/12/202408/09/202522/09/2025DutchPDF
Abridged model31/12/202328/02/202525/03/2025DutchPDF
Abridged model31/12/202230/06/202313/07/2023DutchPDF
Abridged model31/12/202114/06/202224/06/2022DutchPDF
Estimate

Indicative valuation

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 · 2 ended

Active mandates

Robert Termeer

Director · since 16 septembre 2020

Active

Ended mandates

Eduard Termeer Robert

Director · since 16 septembre 2020

Ended
Eduard R. Termeer

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring31/08/2026
    MET FUSIE GELIJKGESTELDE OVERNEMING — VEREENVOUDIGDE
    PDF
  • Restructuring02/07/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates02/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/09/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 20255,5 k €↓
  2. 2024
    Annual accounts 20246,8 k €↓
  3. 2023
    Annual accounts 202315,1 k €↑
  4. 2023
    Name changeTS-251 (A)
  5. 2022
    Annual accounts 20224,2 k €↓
  6. 2021
    Annual accounts 202155,4 k €
  7. 2021
    Name changeTs-251
  8. 16/09/2020
    IncorporationPrivate limited company