Financials
- Financial year
- 2024
- Total assets
- €174,953
- Profit
- €46,618
- Solvency
- 72.4%
Total assets▼ 10.5%
Net result
20182024
T.M.C. SECURITY
ActiveSummary
T.M.C. SECURITY has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €126,695 and a net result of €46,618. Equity is shrinking by about 4% per year across the filed financial years. Its solvency ranks better than 78% of 35,976 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
General electrical installation work
NACE 43211
3rd oldest company in Glabbeek, Construction sector1 site
Size
€174,953total assets 2024
- Equity
- €126,695
- Profit
- €46,618
Turnover not published (micro format)
Why 58raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 19-09-2025)lowers riskLiquidity: current ratio 2.58, cash €75,842Founded in 1996Equity €126,695 (72.4% of total assets)Show the evidence
Checked score
Score 2024
58
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 85% of its sector peers (NACE 43, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency
97+27
equity 72.4% of total assets
Liquidity
90+60
short-term debt 25.4% · cash 43.4%
Profitability
100+34
return on assets 26.6%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.1%
12-2024: 1.1%● unchanged vs 11-2024
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: 1.1%● unchanged vs 05-2025
07-2025: 1.3%▲ +0.2 percentage points vs 06-2025
08-2025: 1.6%▲ +0.3 percentage points vs 07-2025
09-2025: 1.9%▲ +0.3 percentage points vs 08-2025highest value
10-2025: 0.2%▼ -1.7 percentage points 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 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.4%▲ +0.1 percentage points vs 09-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.58, compared with 1.47 in 2023, above the usual 1.5; short-term debt: 25.4% and cash: 43.4% of total assets), and 27.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 78% on solvency, 88% on liquidity, 92% on profitability and 81% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 48 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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
not filed
2024
48 days late
2023
85 days late
2022
18 days late
2021
24 days late
2020
89 days late
2019
76 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 57 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €46,618
- Equity above €100,000equity €126,695 ▲43.8%
Key points
By topic
Board & ownership
- Board
- 1 member
- TITSDirector
Timeline
- Events
- 35
- Since
- 1998
- 24-10-2024Annual accounts filed
- 12-01-2024Resignation: TITS (manager)
- 18-08-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 09-05-1996
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 13
- Who signs
- Each director alone
- Purpose
- “Toezicht op en bescherming van roerende of onroerende goederen; Bescherming van personen…” (deed in Dutch)
Key facts about T.M.C. SECURITY
- What is the company number of T.M.C. SECURITY?
- 0458.007.373. In Belgium the VAT number is the company number with BE in front: BE 0458.007.373.
- Where is T.M.C. SECURITY based?
- The registered office is at Schoolstraat 49, 3380 Glabbeek.Company details
- What does T.M.C. SECURITY do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of T.M.C. SECURITY?
- Private limited company (BV).
- When was T.M.C. SECURITY founded?
- On 09-05-1996.
- Is T.M.C. SECURITY still active?
- Yes, T.M.C. SECURITY is an active enterprise in the KBO register.
- What is the turnover of T.M.C. SECURITY?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is T.M.C. SECURITY profitable?
- In financial year 2024, T.M.C. SECURITY made a profit of €46,618.
- Where can I find the annual accounts of T.M.C. SECURITY?
- T.M.C. SECURITY filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to T.M.C. SECURITY
Comparable companies
- AL-INLo-Reninge
- LONA.ALLChaumont-Gistoux
- Jamco SolarHerenthout
- Elektrotechniek VercruysseAnzegem
- JC ENERGYDentergem
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.