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T & S Services

Active
Private limited companyfounded 2005active for 21 yearsGroenvinkstraat 15, 9041 Gent, BelgiumKBO/BCE: BE 0872.322.384
Summary

T & S Services has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €226,989 and a net result of €64,688. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 81% of 1,825 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-02-2005 Normal situation
Activity
Renting and leasing of sports and recreation goods NACE 77210and 2 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.147.360.957 9041 Gent, since 28-02-2005
Financial year end
31 December
Peppol
Reachable since 02-10-2026

Board and ownership

Board
  • Glodt AntoineDirector
  • Vande Veire StéphaneDirector

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€276,876
▲ 55.5%
Turnover
≈ €550,000
estimated
Profit
€64,688
▲ 273%
Equity
€226,989
▲ 39.9%
Total assets
€324,815
▲ 32.5%
Employees on 31-12-2025
3
▲ 50.0%
Filed on 29-06-2026, 32 days before the deadline
Score breakdownlowers riskFounded in 2005Liquidity: current ratio 1.40, cash €50,818Equity €226,989 (69.9% of total assets)Size: total assets €324,815Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 81% of micro companies in rental and leasing (NACE 77)
Financial strength · tick: 2024
Strong
Solvency 95+4
equity 69.9% of total assets
Liquidity 59+10
short-term debt 26.9% · cash 15.6%
Profitability 94+16
return on assets 19.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,169 companies, NACE 77, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4 (1.49 in 2024), below the usual 1.5. Short-term debt is 26.9% and cash 15.6% of total assets. 30.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro). It does better than 79% of them on solvency, 72% on liquidity, 88% on profitability and 83% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.40, cash €50,818
NBB · annual accounts
lowers risk · Equity €226,989 (69.9% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €324,815
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
31 days early
2023
36 days early
2022
32 days early
2021
32 days early
2020
31 days early
2019
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 89% of companies in rental and leasingsector median €5,288 · 1,827 companies €64,688 View
  • Positive: 8 profitable years in a rowprofit 2025: €64,688 8 years View
  • Positive: Equity rose in 2025from €162,301 to €226,989 ▲ 39.9% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as T & S Services: renting and leasing of sports and recreation goods (NACE 77210). They are comparable in size and age: total assets between €297,000 and €645,000, founded between 1998 and 2010.

CompanyTotal assetsGross margin
T & S Services Gent€324,815€276,876
MINERVA BOAT COMPANY Gent€297,338€223,644
BRASSERIE 't VERVOLG Middelkerke€431,020€186,939
TW PROJECTS Puurs-Sint-Amands€425,718€145,502
V-FORMATION Nazareth-De Pinte€645,397€250,147
Zilvermeerhaven Port Aventura Mol€583,296€339,407
YAKASAUTER Tournai€607,770€254,800
Full comparison

Key facts about T & S Services

What is the company number of T & S Services?
The company number of T & S Services is 0872.322.384. The VAT number is the same number with BE in front: BE 0872.322.384.
Where is T & S Services based?
The registered office is at Groenvinkstraat 15, 9041 Gent.Company details
What does T & S Services do?
According to the KBO register, the main activity is renting and leasing of sports and recreation goods (NACE 77210).
What is the legal form of T & S Services?
The legal form of T & S Services is Private limited company (BV).
When was T & S Services founded?
T & S Services was founded on 28-02-2005.
Is T & S Services still active?
Yes, T & S Services is an active enterprise in the KBO register.
How many employees does T & S Services have?
T & S Services had an average of 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does T & S Services fall under?
In its 2025 annual accounts, T & S Services states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of T & S Services?
The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €276,876 and 881 comparable companies of the same size. It probably lies between €390,000 and €800,000. It is a rough estimate.
Is T & S Services profitable?
In financial year 2025, T & S Services made a profit of €64,688.
Where can I find the annual accounts of T & S Services?
T & S Services filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of T & S Services due?
T & S Services must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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