T.M. LAB.
ActiveSummary
T.M. LAB. has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €-21k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-79
Solvency93▲+18
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.63 in 2024; short-term debt: 30.7% and cash: 0.9% of total assets), and 31.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.2%
Return on assets
-49.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
24 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▼ 42.2%
2024 · €50k
2018: €25k
2019: €26k
2020: €23k
2021: €19k
2022: €13k
2023: €42k
2024: €50k
2018 → 2025
Total assets
€43k▼ 57.6%
2024 · €100k
2018: €78k
2019: €66k
2020: €55k
2021: €44k
2022: €36k
2023: €96k
2024: €100k
2018 → 2025
Net result
€-21k
2024 · €8k
2018: €9k
2019: €631
2020: €-3k
2021: €-4k
2022: €-6k
2023: €29k
2024: €8k
2018 → 2025
Working capital
€14k▼ 52.5%
2024 · €30k
2018: €12k
2019: €19k
2020: €20k
2021: €17k
2022: €13k
2023: €24k
2024: €30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€13k▼ 29.7%€42k▲ 217%€50k▲ 18.7%€29k▼ 42.2%
Operating result€-4k-€-5k▼ 17.4%€43k€13k▼ 68.8%€-21k
Net result€-4k-€-6k▼ 34.3%€29k€8k▼ 72.7%€-21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €21k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€15k ▼ 31.9%
Current assets
€27k ▼ 64.9%
Equity and liabilities €43k
Equity
€29k ▼ 42.2%
Debt
€14k ▼ 73.1%
Debt's share of the balance-sheet total falls from 50.0% to 31.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▼
2024 · €20k
Cash flow
€-14k▼
2024 · €14k
Current ratio
2.10▲
2024 · 1.63
Quick ratio
1.40▼
2024 · 1.43
Debt to equity
0.47▼
2024 · 1.00
ROE
-73.0%▼
2024 · 15.7%
ROA
-49.8%▼
2024 · 7.9%
Interest coverage
-19.14▼
2024 · 15.97
Debt ≤ 1 year
€13k▼
2024 · €48k
Debt > 1 year
€462▼
2024 · €2k
Income taxes
€195▼
2024 · €4k
Staff costs
€17k▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€100k€43k▼
Fixed assets21/28€22k€15k▼
Tangible fixed assets22/27€22k€15k▼
Furniture and vehicles24€18k€13k▼
Leasing and similar rights25€4k€2k▼
Current assets29/58€78k€27k▼
Stocks and contracts in progress3€10k€9k▼
Stocks30/36€10k€9k▼
Amounts receivable within one year40/41€30k€13k▼
Trade receivables40€27k€11k▼
Other amounts receivable41€3k€2k▼
Current investments50/53€35k€5k▼
Cash at bank and in hand54/58€2k€380▼
Deferred charges and accrued income490/1€905€701▼
Equity and liabilities
Total equity and liabilities10/49€100k€43k▼
Equity10/15€50k€29k▼
Contributions10/11€7k€7k=
Reserves13€39k€39k=
Distributable reserves133€39k€39k=
Profit (loss) carried forward14€5k€-16k▼
Amounts payable17/49€50k€14k▼
Amounts payable after more than one year17€2k€462▼
Financial debts170/4€2k€462▼
Amounts payable within one year42/48€48k€13k▼
Current portion of amounts payable after more than one year42€7k€2k▼
Financial debts43€1k€3k▲
Credit institutions430/8€1k€3k▲
Trade debts44€29k€2k▼
Suppliers440/4€29k€2k▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€2k€81▼
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€3k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€21k€17k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€42k€5k▼
Operating profit (loss)9901€13k€-21k▼
Financial income75/76B€85€1k▲
Recurring financial income75€85€1k▲
Financial charges65/66B€1k€751▼
Recurring financial charges65€1k€751▼
Profit (loss) for the period before taxes9903€12k€-21k▼
Income taxes67/77€4k€195▼
Profit (loss) for the period9904€8k€-21k▼
Profit (loss) for the period to be appropriated9905€8k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-16k▼
Profit (loss) brought forward from the previous period14P€5k€5k▲
Transfer to equity691/2€8k-
To other reserves6921€8k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-21k ▼368%
Net result drops to €-21k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €29k
Net result €29k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2003
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.
Romain Rollandlaan 431070 AnderlechtGround area
511 m²
Building footprint
214 m²
Volume, LiDAR
2,430 m³
Parcel 21308H0397/00Y000, Brussels · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Romain Rollandlaan 43, 1070 Anderlecht
since 20032.126.264.645
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0397/00Y000 | Brussels | 511 m² | 1 · 214 m² | 13.4 m · 4 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.
Similar companies · same sector, comparable size
SUPP-ORTHO
BE 0842.003.649
Mol · Eq €28,914
PROTO DENTAL
BE 0870.218.276
Ukkel · Eq €28,758
Graviton
BE 0441.830.149
Etterbeek · Eq €28,713
YERNAUX
BE 0455.715.106
Ramillies · Eq €28,558
MAT CARRÉ
BE 0562.789.941
Chaudfontaine · Eq €28,528
Of 1,249 companies in sector 32500 we hold annual accounts for 694. 401 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
32500Manufacture of medical and dental instruments and supplies
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.