ACTIVE

TMS INDUSTRIAL SERVICES

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Financial year 2025 · Closed on 31/12/2025

Net result407,5 k €+260,3 %over 1 year
Revenue35,2 M €-3,0 %over 1 year
Equity5,1 M €+8,7 %over 1 year
Workforce261,1 ETP-4,6 %over 1 year

Identity

Source · BCE/KBO

TMS INDUSTRIAL SERVICES is a Public limited company incorporated in 2004. Its registered office is in Tienen. It employs on average 261,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0865.585.339
Incorporation
28/05/2004
Legal form
Public limited company
Registered office
Industriepark 45
3300 Tienen · FlandreSee on map
Contributed capital
10 112 000,00 €
Latest accounts
31/12/2025
Average workforce
261,1 ETP
Joint committees (4)
  • 111
  • 121
  • 209
  • 211
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue35,2 M €36,3 M €36,5 M €34,1 M €32,8 M €
EBITDA1,6 M €1 M €1,1 M €970,5 k €1,2 M €
Operating result796 k €207,1 k €236,5 k €133,6 k €405,4 k €
Net result407,5 k €-254,2 k €362,1 k €-181,7 k €1,9 k €
Balance sheet
Equity5,1 M €4,7 M €4,9 M €4,6 M €4,8 M €
Total assets18,5 M €20,4 M €21,5 M €17,4 M €18,5 M €
Cash374,1 k €1,8 M €2,8 M €691,6 k €1,5 M €
Debts13,4 M €15,7 M €16,6 M €12,8 M €13,8 M €
Other
Workforce261,1 ETP273,7 ETP295,1 ETP310,5 ETP324,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 23 ended

Active mandates

Walter Kestens

Managing director · since 01 juillet 2022

Active
4MAT Consulting

Director · since 31 décembre 2021 · until 09 juin 2027 · 0839.443.740

Represented by Constantijn Vandeperre

Active
Jurgen Van Osselaer

Director · since 31 décembre 2021 · until 09 juin 2027

Active

Ended mandates

Jurgen Van Osselaar

Director · since 31 décembre 2021 · until 09 juin 2027

Ended
Josephus Paul Krijn

Director · since 23 juin 2017 · until 14 juin 2023

Ended
KW-MGMT

Director · since 23 juin 2017 · until 14 juin 2023 · 0822.776.071

Represented by Walter Kestens

Ended
Josephus Paul Krijn

Director · since 14 juin 2017 · until 08 juin 2022

Ended

Other companies at this address

Industriepark 45 3300 Tienen
CompanyCBE no.
FASSO● Active
0892.190.459
JFK● Active
1039.160.802
Polytek● Active
0836.937.180
VikkaR● Active
0717.535.130
Vytim● Active
0698.841.250

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202617/07/202503/07/202414/06/202414/07/202220/10/2021
General meeting10/06/202611/06/202521/06/202403/11/202330/06/202230/09/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202510/06/202607/07/2026DutchPDF
Full model31/12/202411/06/202517/07/2025DutchPDF
Full model31/12/202321/06/202403/07/2024DutchPDF
Full modelCorrection31/12/202203/11/202314/06/2024DutchPDF
Full model31/12/202203/11/202310/11/2023DutchPDF
Full model31/12/202130/06/202214/07/2022DutchPDF
Full model31/12/202030/09/202120/10/2021DutchPDF
Full model31/12/201904/12/202007/12/2020DutchPDF
Full model31/12/201812/06/201901/07/2019DutchPDF
Full model31/12/201713/06/201818/07/2018DutchPDF
Full model31/12/201623/06/201723/06/2017DutchPDF
Full model31/12/201518/11/201622/11/2016DutchPDF
Full model31/12/201430/06/201516/07/2015DutchPDF
Full model31/12/201324/10/201427/10/2014DutchPDF
Full model31/12/201228/06/201326/07/2013DutchPDF
Full model31/12/201129/06/201225/07/2012DutchPDF
Full model31/12/201008/06/201108/06/2011DutchPDF
Full model31/12/200925/06/201025/06/2010DutchPDF
Full model31/12/200826/06/200926/06/2009DutchPDF
Full model31/12/200726/06/200830/06/2008DutchPDF
Full model31/12/200627/06/200727/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 23 ended

Active mandates

Walter Kestens

Managing director · since 01 juillet 2022

Active
4MAT Consulting

Director · since 31 décembre 2021 · until 09 juin 2027 · 0839.443.740

Represented by Constantijn Vandeperre

Active
Jurgen Van Osselaer

Director · since 31 décembre 2021 · until 09 juin 2027

Active

Ended mandates

Jurgen Van Osselaar

Director · since 31 décembre 2021 · until 09 juin 2027

Ended
Josephus Paul Krijn

Director · since 23 juin 2017 · until 14 juin 2023

Ended
KW-MGMT

Director · since 23 juin 2017 · until 14 juin 2023 · 0822.776.071

Represented by Walter Kestens

Ended
Josephus Paul Krijn

Director · since 14 juin 2017 · until 08 juin 2022

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other05/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/10/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/08/2011
    BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/07/2011
    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 2025407,5 k €↑
  2. 2024
    Annual accounts 2024-254,2 k €↓
  3. 2023
    Annual accounts 2023362,1 k €↑
  4. 2022
    Annual accounts 2022-181,7 k €↓
  5. 2021
    Annual accounts 20211,9 k €↑
  6. 2020
    Annual accounts 2020-265 k €↓
  7. 2019
    Annual accounts 2019-88,3 k €↑
  8. 2018
    Annual accounts 2018-447,6 k €↓
  9. 2017
    Annual accounts 2017-327,2 k €↓
  10. 2016
    Annual accounts 2016-121,4 k €↑
  11. 2015
    Annual accounts 2015-479,2 k €↓
  12. 2014
    Annual accounts 2014-319,2 k €↑
  13. 2013
    Annual accounts 2013-723,5 k €↓
  14. 2012
    Annual accounts 20121 M €↑
  15. 2011
    Annual accounts 2011-94,1 k €↑
  16. 2011
    Name changeTMS Industrial Services
  17. 2010
    Annual accounts 2010-2 M €↑
  18. 2009
    Annual accounts 2009-2,5 M €↓
  19. 2008
    Annual accounts 2008-1,6 M €↓
  20. 2007
    Annual accounts 20071,8 M €↑
  21. 2006
    Annual accounts 2006-2 M €
  22. 2006
    Name changeISS INDUSTRIAL SERVICES
  23. 28/05/2004
    IncorporationPublic limited company