TST Group
Bankruptcy closedSummary
TST Group was declared bankrupt on 19-03-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 30-09-2025, published in the Belgian State Gazette on 08-10-2025. The 2021 annual accounts show equity of €2k and a net result of €-936.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-10-2022, 89 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2021
89 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€2k
Total assets
€20k
Net result
€-936
Working capital
€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €20k
Fixed assets
€5k
Current assets
€15k
Equity and liabilities €20k
Equity
€2k
Debt
€18k
Debt finances 92.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€2k
Cash flow
€-731
Current ratio
0.81
Debt to equity
11.79
ROE
-59.8%
ROA
-4.7%
Interest coverage
0.84
Debt ≤ 1 year
€18k
Income taxes
€434
Staff costs
€24k
Filed annual accounts As filed with the NBB · 2021 · 38 lines
Balance sheet
Code2021
Assets
Total assets20/58€20k
Fixed assets21/28€5k
Tangible fixed assets22/27€4k
Plant, machinery and equipment23€3k
Furniture and vehicles24€505
Other tangible fixed assets26€690
Financial fixed assets28€1k
Current assets29/58€15k
Amounts receivable within one year40/41€12k
Trade receivables40€12k
Current investments50/53€1k
Cash at bank and in hand54/58€1k
Equity and liabilities
Total equity and liabilities10/49€20k
Equity10/15€2k
Contributions10/11€3k
Profit (loss) carried forward14€-936
Amounts payable17/49€18k
Amounts payable within one year42/48€18k
Trade debts44€6k
Suppliers440/4€6k
Taxes, remuneration and social security45€2k
Taxes450/3€434
Remuneration and social security454/9€2k
Other amounts payable47/48€10k
Income statement
Code2021
Remuneration, social security and pensions62€24k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204
Other operating charges640/8€5k
Gross operating margin9900€30k
Operating profit (loss)9901€1k
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€2k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€-502
Income taxes67/77€434
Profit (loss) for the period9904€-936
Profit (loss) for the period to be appropriated9905€-936
Appropriation of the result
Profit (loss) to be appropriated9906€-936
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · TST GROUP BV PRINSENBOS 248, 1502. HALLE · event 30-09-2025
2024
25-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · TST GROUP BV PRIN- SENBOS 248, 1502. HALLE · event 19-03-2024
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Halle · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Prinsenbos 2481502 HalleGround area
601 m²
Building footprint
145 m²
Volume, LiDAR
639 m³
Parcel 23043B0554/00V009, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TST Group
since 20212.317.024.152
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23043B0554/00V009 | Flanders | 601 m² | 1 · 145 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE PIERS GROENKRAAGLAAN 3,
1170 BRUSSEL 17 |
19-03-2024 → 30-09-2025 |
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Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.