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T.M.G.

Active
Public limited companyfounded 1987active for 38 yearsGanzendries(OPL) 78, 3300 Tienen, BelgiumKBO/BCE: BE 0433.035.120
Summary

T.M.G. has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €284,662 and a net result of €6,404. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 77% of 886 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Warehousing and storage
NACE 52100
#6 oldest company in Tienen, Transport and storage sector1 site
Size
€422,421total assets 2025
Equity
€284,662
Profit
€6,404
Turnover not published (abbreviated or micro format)
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 37 days early0 of 7 deeds read
Why 88raises riskSector: Warehousing and support activities for transportation (NACE 52)lowers riskFounded in 1987Size: total assets €422,421Equity €284,662 (67.4% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 52, micro)
Financial strength · tick = 2024
Strong
Solvency 92+6
equity 67.4% of total assets
Liquidity 51-2
short-term debt 13.2% · cash 2.3%
Profitability 71+13
return on assets 1.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,293 companies, NACE 52, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025highest value 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 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: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.34, compared with 0.49 in 2024; short-term debt: 13.2% and cash: 2.3% of total assets), and 32.6% of the assets are financed with debt.
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 52, micro): better than 73% on solvency, 52% on liquidity, 46% on profitability and 43% on growth.

The bankruptcy probability was computed on 08-10-2026 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).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Founded in 1987
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €422,421
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €284,662 (67.4% of total assets)
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
44 days early
2023
40 days early
2022
25 days early
2021
29 days early
2020
47 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 38 days before the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% 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 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €2,755

Key points

  • Positive: Oldest company in Tienen, Transport and storage sectorin the Checked rankings #6 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Active since 1987founded 30-12-1987 38 years View

By topic

Financials

Financial year
2025
Total assets
€422,421
Profit
€6,404
Solvency
67.4%
Total assets▼ 7.6%
Net result
20182025
Go to Financials

Timeline

Events
41
Since
1989
Next accounts
by 31-07-2027
  1. 21-06-2024Annual accounts filed
  2. 06-07-2023Annual accounts filed
  3. 02-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Warehousing and storageNACE 52100
Founded
30-12-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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