TST
TST has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €18k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 61% of 514 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €62k |
| Net result | €18k |
| Better than sector | 61% |
| Active | 9 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 63.7% | 51.8% | |
| Net result | €18k | €11k | |
| Equity | €62k | €88k | |
| Gross operating margin | €33k | €42k | |
| Total assets | €97k | €244k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €31k | €10k | €20k |
| Net profit | €18k | €104 | €3k |
| Cash flow | €27k | €8k | €18k |
| Staff costs | - | - | - |
| Income taxes | €4k | €2k | €3k |
| Dividends | - | - | - |
| Total assets | €97k | €96k | €103k |
| Equity | €62k | €51k | €51k |
| Debt | €35k | €45k | €52k |
| of which ≤ 1y | €35k | €43k | €50k |
| of which > 1y | - | - | - |
| Working capital | €35k | €34k | €31k |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 2.01 | 1.79 | 1.61 |
| Quick ratio | 0.77 | 0.78 | 0.41 |
| Working capital ratio | 36.2% | 35.6% | 29.8% |
| Solvency | 63.7% | 53.1% | 49.4% |
| Debt / equity | 0.57 | 0.88 | 1.03 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 380.00 | 171.25 | 113.59 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 18.6% | 0.1% | 3.3% |
| ROE | 29.2% | 0.2% | 6.6% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €97k | €96k | €103k |
| Fixed assets | 21/28 | €27k | €18k | €22k |
| Intangible fixed assets | 21 | €4k | €9k | €13k |
| Tangible fixed assets | 22/27 | €23k | €10k | €9k |
| Financial fixed assets | 28 | - | - | €180 |
| Current assets | 29/58 | €70k | €78k | €81k |
| Stocks & contracts in progress | 3 | €43k | €44k | €60k |
| Amounts receivable within one year | 40/41 | €5k | €10k | €19k |
| Cash & bank | 54/58 | €22k | €22k | €2k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €97k | €96k | €103k |
| Equity | 10/15 | €62k | €51k | €51k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Accumulated profits (losses) | 14 | €43k | €32k | €32k |
| Amounts payable | 17/49 | €35k | €45k | €52k |
| Amounts payable within one year | 42/48 | €35k | €43k | €50k |
| Trade debts payable within one year | 44 | €0 | €3k | - |
| Income statement | ||||
| Gross operating margin | 9900 | €33k | €11k | €22k |
| Operating result | 9901 | €22k | €2k | €6k |
| Financial income | 75 | - | €84 | €1 |
| Financial charges | 65 | €82 | €56 | €180 |
| Result before taxes | 9903 | €22k | €2k | €6k |
| Income taxes | 67/77 | €4k | €2k | €3k |
| Net result for the period | 9904 | €18k | €104 | €3k |
| Result to be appropriated | 9905 | €18k | €104 | €3k |
-
Current28-03-2023 → present
Historic, not recently confirmed (1)
-
MULLENDERS Marie-Christine Louise FrançoiseManaging directorState Gazette act 18134295 (05-09-2018)Not recently confirmedlast confirmed in an act from 2018
Former directors (1)
-
Former03-06-2022 → 28-03-2025
3 events
- 28-03-2025 Resigned· Director
- 28-03-2023 Mandate renewed· Director
- 03-06-2022 Mandate renewed· Manager
| NACE primary | Manufacture of machinery and equipment not elsewhere classified(28295) |
| Legal form | Private limited company(610) |
| Incorporation | 10-11-2016 |
| Status | Active |
| Postal code | 4140 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62100D1131/00E000 | Wallonia | 4,300 m² | 1 · 157 m² | 10.1 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-12-2025 Mullenders Marie-Christine resigns as director
- Mullenders Marie-Christine, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Mullenders Marie-Christine",
"address": null,
"birth_date": null
},
"effective_date": "2025-03-28",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de ne pas reconduire le mandat d\u0027administrateur de Madame Mullenders Marie-Christine qui a pris fin le 28/03/2025."
}
],
"schema": "v3.2",
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},
"subject_company": {
"kbo": "0665.903.218",
"name_full": "TST",
"legal_form": "SRL"
}
}31-03-2023 2 reappointed
- Stéphane THOUMSIN, Bestuurder
- Marie-Christine MULLENDERS, Bestuurder
Technical details
{
"events": [
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "St\u00E9phane THOUMSIN",
"address": null,
"birth_date": null
},
"effective_date": "2023-03-28",
"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction des g\u00E9rants actuels, mentionn\u00E9s ci-apr\u00E8s, et proc\u00E8de imm\u00E9diatement au renouvellement de leur nomination comme administrateur non statutaire : - Monsieur St\u00E9phane THOUMSIN pr\u00E9nomm\u00E9, ici pr\u00E9sent, et qui accepte pour une dur\u00E9e illimit\u00E9e"
},
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Marie-Christine MULLENDERS",
"address": null,
"birth_date": null
},
"effective_date": "2023-03-28",
"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction des g\u00E9rants actuels, mentionn\u00E9s ci-apr\u00E8s, et proc\u00E8de imm\u00E9diatement au renouvellement de leur nomination comme administrateur non statutaire : - Madame Marie-Christine MULLENDERS, pour une dur\u00E9e de deux ans \u00E0 dater de ce jour."
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0665.903.218",
"name_full": "TST",
"legal_form": "SPRL"
}
}15-06-2022 MULLENDERS Marie-Christine reappointed as manager
- MULLENDERS Marie-Christine, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_renew",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "MULLENDERS Marie-Christine",
"address": null,
"birth_date": null
},
"effective_date": "2022-06-03",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de renouveler le mandat de Madame MULLENDERS Marie-Christine, \u00E0 dater de jour et pour une dur\u00E9e de 2 ans."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0665.903.218",
"name_full": "TST",
"legal_form": "SPRL"
}
}05-09-2018 MULLENDERS Marie-Christine Louise Françoise appointed as managing director
- MULLENDERS Marie-Christine Louise Françoise, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "MULLENDERS Marie-Christine Louise Fran\u00E7oise",
"address": null,
"birth_date": null
},
"effective_date": "2018-08-14",
"evidence_quote": "il a \u00E9t\u00E9 d\u00E9cid\u00E9 de nommer en tant que g\u00E9rante: Madame MULLENDERS Marie-Christine Louise Fran\u00E7oise, n\u00E9e \u00E0 S\u00E9oul (R\u00E9publique de Cor\u00E9e du Sud) le cing ao\u00FBt mil neuf cent soixante-neuf (NN 690805-400-82) dei nationalit\u00E9 belge, domicili\u00E9e rue de l\u0027Agolina 4B \u00E0 4650 Herve."
}
],
"schema": "v3.2",
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},
"subject_company": {
"kbo": "0665.903.218",
"name_full": "TST",
"legal_form": "SPRL"
}
}16-11-2016 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "4140 Sprimont, rue de la Libert\u00E9, 24",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
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},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1969-05-18",
"name": "THOUMSIN St\u00E9phane Andr\u00E9 Georges Jean-Yves",
"niss": null,
"address": "4140 Sprimont, rue de la Libert\u00E9, 24"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 18600,
"holder_person_name": "THOUMSIN St\u00E9phane Andr\u00E9 Georges Jean-Yves",
"is_subscriber_only": true,
"n_shares_subscribed": 186,
"amount_subscribed_eur": 18600,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600,
"subject_company": {
"kbo": "0665.903.218",
"name_full": "TST",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2016-11-10",
"post_incorporation_mandates": []
}| Legal nameFR | TST |