Equity
€123,381 ▲ 10.8%
TMRE has made a profit without a break since 2019.
TMRE
Lifetime
15 annual accounts with figures on one time axispeak €56,957 (2020)
€53,175▲ 14.4%
lowest -€31,657 (2016)
€12,045▲ 49.1%
peak €123,381 (2025)
€123,381▲ 10.8%
€177,018▲ 195%
Board1 name since 2021
1 directorDE BOLLE Stijn
Owners
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €46,480 to €53,175Result from €8,080 to €12,045Debts from €59,977 to €177,018Investments €110,966Cash from €41,742 to €83,725
Key points
from the 2025 annual accountsTurnover
≈ €210,000 estimated
The micro format states no turnover.
Debts
€177,018 ▲ 195%
Debts rose by €117,040 in 2025.
Investments
€124,316 4.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.17 was 2.11 in 2024
Short-term debts rose from €57,466 to €145,112.
Filings
15 annual accounts since 2011
Eight of the last ten came late. The 2019 accounts came latest: 91 days after the end of the period.
Checked score
90
Excellent
Financially stronger than 51% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.0%▼ -0.1 percentage points vs 05-2025
07-2025: 1.2%▲ +0.2 percentage points vs 06-2025
08-2025: 1.6%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -1.4 percentage points 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 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 2010
Liquidity: current ratio 1.17, cash €83,725
Equity €123,381 (41.1% of total assets)
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 43, micro). It does better than 44% of them on solvency, 59% on liquidity, 46% on profitability and 56% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as TMRE has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of TMRE itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for TMRE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (2.11 in 2024), below the usual 1.5. Short-term debt is 48.3% and cash 27.9% of total assets. 58.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
18 days late
2024
13 days late
2023
19 days late
2022
53 days late
2021
71 days late
2020
55 days late
2019
91 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 46 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 20 August (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0831487265
Company renamed from GROUP DBP to TMRE
Change of role: DE BOLLE Stijn, from director, formerly manager to director · Director discharge: DE BOLLE Stijn · General meeting of 22-12-2023 · Gazette deed
Registered office moved within Bierbeek
New registered office: Korbeek-Losestraat 120 te 3360 Bierbeek · Previous registered office: Builoogstraat 8, 3360 Bierbeek · Gazette deed
Registered office moved from Lebbeke to Bierbeek
New registered office: Builoogstraat 8 te 3360 Bierbeek · Previous registered office: Klein-Antwerpenstraat 34, 9280 Lebbeke · Board meeting of 11-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TMRE Bierbeek | €300,398 | €53,175 | 41.1% | - |
| CICIGOI GRANU CHAUFFAGE Mettet | €304,745 | €60,264 | 67.6% | - |
| PARKING PROJECT SOLUTIONS Wichelen | €272,095 | €55,302 | 85.5% | - |
| E&M-RENOVATION Berchem-Sainte-Agathe | €297,372 | €46,445 | 61.3% | - |
| LIFTWORX VANHEE STEVEN Harelbeke | €301,816 | €72,525 | 68.1% | - |
| PLM LIFT Welkenraedt | €334,333 | €43,837 | 44.3% | - |
| ALLITECH SERVICES Heusden-Zolder | €264,541 | €38,642 | 42.5% | - |
These companies have the same main activity as TMRE: other construction installation (NACE 43240). They are comparable in size and age: total assets between €265,000 and €334,000, founded between 2010 and 2013.
Official details
Source: KBO- Status
- Active since 30-11-2010Normal situation
- Activity
- Other construction installationNACE 43240and 3 others
- Establishment unit
- 2.194.614.6073360 Bierbeek, since 01-12-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 23-10-2025
Insights on TMRE
TMRE files the micro format. That format states no turnover. The gross margin rose from €18,255 in 2011 to €53,175 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TMRE
- What is the company number of TMRE?
- The company number of TMRE is 0831.487.265. The VAT number is the same number with BE in front: BE 0831.487.265.
- Where is TMRE based?
- The registered office is at Korbeek-Losestraat 120, 3360 Bierbeek.Company details
- What does TMRE do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of TMRE?
- TMRE is a private limited company (BV).
- When was TMRE founded?
- TMRE was founded on 30-11-2010.
- Is TMRE still active?
- Yes, TMRE is an active enterprise in the KBO register.
- What is the turnover of TMRE?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €53,175 and 105 comparable companies (NACE 432). It probably lies between €150,000 and €310,000.Financials
- Is TMRE profitable?
- In financial year 2025, TMRE made a profit of €12,045.
- Where can I find the annual accounts of TMRE?
- TMRE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TMRE due?
- TMRE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.