Skip to content

T.M. SERVICES

Active
Private limited companyfounded 20197 yrs activeStalingradlaan 55, 1000 Brussel, BelgiumKBO/BCE: BE 0725.519.913
Summary

The computed 12-month bankruptcy probability of T.M. SERVICES is 5.5% (elevated). The 2024 annual accounts show negative equity (-€1,442) and a net result of €30,544. Equity is shrinking by ~71.1% per year across the filed fiscal years. Its solvency ranks better than 21% of 26043 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+19
Solvency21▲+21
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96 against 0.71 in 2023; short-term debt: 104.4% and cash: 69.1% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
-4.4%
Return on assets
92.9%
Age of the figures
21 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 26043 sector peers (2024).
NBB · sector comparison
Position among 26043 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
32 d late
2021
211 d late
2020
2 d early
2019
92 d 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 66 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 April 2019, T.M. SERVICES was incorporated.1 Total assets went from EUR 9,771 in 2019 to EUR 32,889 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€1,442▲ 95.5%
2023 · -€31,986
Total assets
€32,889▼ 57.5%
2023 · €77,408
Net result
€30,544▲ 126%
2023 · €13,518
Working capital
-€1,442▲ 95.5%
2023 · -€31,986
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€2,227▼ 26.6%-€11,838▼ 431%-€29,507▼ 149%€13,652€9,550▼ 30.1%
Net result-€2,234below the sector's middle half▼ 27.0%-€11,890below the sector's middle half▼ 432%-€29,622below the sector's middle half▼ 149%€13,518within the sector's middle half€30,544above the sector's middle half▲ 126%
Equity-€3,992below the sector's middle half▼ 127%-€15,882below the sector's middle half▼ 298%-€45,504below the sector's middle half▼ 187%-€31,986below the sector's middle half▲ 29.7%-€1,442below the sector's middle half▲ 95.5%
Total assets€30,478below the sector's middle half▲ 212%€31,616below the sector's middle half▲ 3.7%€55,978below the sector's middle half▲ 77.1%€77,408within the sector's middle half▲ 38.3%€32,889below the sector's middle half▼ 57.5%
Debt€34,470▲ 199%€47,498▲ 37.8%€101,482▲ 114%€109,394▲ 7.8%€34,331▼ 68.6%
Working capital-€3,992within the sector's middle half▼ 127%-€15,882below the sector's middle half▼ 298%-€45,504below the sector's middle half▼ 187%-€31,986below the sector's middle half▲ 29.7%-€1,442within the sector's middle half▲ 95.5%
Solvency-13.1%below the sector's middle half▲ 4.9pp-50.2%below the sector's middle half▼ 37.1pp-81.3%below the sector's middle half▼ 31.1pp-41.3%below the sector's middle half▲ 40.0pp-4.4%below the sector's middle half▲ 36.9pp
Current ratio0.88within the sector's middle half▲ 0.040.67below the sector's middle half▼ 0.220.55below the sector's middle half▼ 0.110.71below the sector's middle half▲ 0.160.96within the sector's middle half▲ 0.25
Return on assets (ROA)-7.3%below the sector's middle half▲ 10.7pp-37.6%below the sector's middle half▼ 30.3pp-52.9%below the sector's middle half▼ 15.3pp17.5%above the sector's middle half▲ 70.4pp92.9%above the sector's middle half▲ 75.4pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2020: -€2,227-€2,227Net result 2020: -€2,234-€2,234Operating result 2021: -€11,838-€11,838Net result 2021: -€11,890-€11,890Operating result 2022: -€29,507-€29,507Net result 2022: -€29,622-€29,622Operating result 2023: €13,652€13,652Net result 2023: €13,518€13,518Operating result 2024: €9,550€9,550Net result 2024: €30,544€30,54420202021202220232024-€40,000-€20,000€0€20,000€40,000Operating result 2022: -€29,507-€29,500Net result 2022: -€29,622-€29,600Operating result 2023: €13,652€13,700Net result 2023: €13,518€13,500Operating result 2024: €9,550€9,550Net result 2024: €30,544€30,500202220232024
The operating result falls in 2024; 2024 is 30% below 2023.
Key figures and ratios
2024 value · change against 2023
Quick ratio
0.67▲
2023 · 0.62
Debt to equity
-23.81▼
2023 · -3.42
Debt ≤ 1 year
€34,331▼
2023 · €109,394
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
4.8% went bankrupt
5.8% stopped otherwise
89% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€77,408€32,889▼
Current assets29/58€77,408€32,889▼
Stocks and contracts in progress3€10,015€10,015=
Stocks30/36€10,015€10,015=
Amounts receivable within one year40/41€48,118€162▼
Trade receivables40€47,956-
Other amounts receivable41€162€162=
Cash at bank and in hand54/58€19,275€22,712▲
Equity and liabilities
Total equity and liabilities10/49€77,408€32,889▼
Equity10/15-€31,986-€1,442▲
Contributions10/11€1€1=
Outside capital11€1€1=
Other1109/19€1€1=
Profit (loss) carried forward14-€31,987-€1,443▲
Amounts payable17/49€109,394€34,331▼
Amounts payable within one year42/48€109,394€34,331▼
Trade debts44€3,287€12,584▲
Suppliers440/4€3,287€12,584▲
Taxes, remuneration and social security45€50,109€4,542▼
Taxes450/3€10,936€4,542▼
Remuneration and social security454/9€39,173-
Other amounts payable47/48€55,999€17,205▼
Income statement Code20232024
Other operating charges640/8€87-
Gross operating margin9900€13,739€9,550▼
Operating profit (loss)9901€13,652€9,550▼
Financial income75/76B-€22,102
Recurring financial income75-€22,102
Financial charges65/66B€134€1,107▲
Recurring financial charges65€134€1,107▲
Profit (loss) for the period before taxes9903€13,518€30,544▲
Profit (loss) for the period9904€13,518€30,544▲
Profit (loss) for the period to be appropriated9905€13,518€30,544▲
Appropriation of the result
Profit (loss) to be appropriated9906-€31,987-€1,443▲
Profit (loss) brought forward from the previous period14P-€45,505-€31,987▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62--€13,227---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,050----
Other operating charges640/8-€113€130€87--
Gross operating margin9900-€1,294-€10,676-€16,150€13,739€9,550▼ 30.5%
Operating profit (loss)9901-€2,227-€11,838-€29,507€13,652€9,550▼ 30.1%
Financial income75/76B----€22,102-
Recurring financial income75----€22,102-
Financial charges65/66B-€52€115€134€1,107▲ 724%
Recurring financial charges65€6€52€115€134€1,107▲ 724%
Profit (loss) for the period before taxes9903-€2,234-€11,890-€29,622€13,518€30,544▲ 126%
Profit (loss) for the period9904-€2,234-€11,890-€29,622€13,518€30,544▲ 126%
Profit (loss) for the period to be appropriated9905-€2,234-€11,890-€29,622€13,518€30,544▲ 126%
Line20202021202220232024Change
Assets
Total assets20/58€30,478€31,616€55,978€77,408€32,889▼ 57.5%
Current assets29/58€30,478€31,616€55,978€77,408€32,889▼ 57.5%
Stocks and contracts in progress3€23,915€26,815€10,015€10,015€10,015=
Stocks30/36-€26,815€10,015€10,015€10,015=
Amounts receivable within one year40/41€3,808€2,675€42,288€48,118€162▼ 99.7%
Trade receivables40--€42,288€47,956--
Other amounts receivable41-€2,675-€162€162=
Cash at bank and in hand54/58€2,756€2,126€3,675€19,275€22,712▲ 17.8%
Equity and liabilities
Total equity and liabilities10/49€30,478€31,616€55,978€77,408€32,889▼ 57.5%
Equity10/15-€3,992-€15,882-€45,504-€31,986-€1,442▲ 95.5%
Contributions10/11€1€1€1€1€1=
Outside capital11-€1€1€1€1=
Other1109/19-€1€1€1€1=
Profit (loss) carried forward14-€3,993-€15,883-€45,505-€31,987-€1,443▲ 95.5%
Amounts payable17/49€34,470€47,498€101,482€109,394€34,331▼ 68.6%
Amounts payable within one year42/48€34,470€47,498€101,482€109,394€34,331▼ 68.6%
Trade debts44€6,382€3,244-€3,287€12,584▲ 283%
Suppliers440/4-€3,244-€3,287€12,584▲ 283%
Taxes, remuneration and social security45-€5,229€37,333€50,109€4,542▼ 90.9%
Taxes450/3--€6,537€10,936€4,542▼ 58.5%
Remuneration and social security454/9-€5,229€30,795€39,173--
Other amounts payable47/48-€39,025€64,149€55,999€17,205▼ 69.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€2,234-€11,890-€29,622€13,518€30,544▲ 126%
+ Depreciation and write-downs630-€1,050----
Operating cash flow (approximation)-€2,234-€10,840-€29,622€13,518€30,544▲ 126%
Change in cash--€630€1,549€15,600€3,437▼ 78.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial Highest result since 2019net €30,544 ▲126%
Net result €30,544, the highest in the series.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Back to profitnet €13,518
Net result €13,518 after 4 loss-making years.
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
27-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 211 days late
2022
31-12
Financial Weakest financial yearnet -€29,622
Net result drops to -€29,622, the lowest in the series; recovery starts the following year.
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 acts for this company are 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, Brussel · 2 establishment units since 2019
seat establishment All 2 establishment units on the map
Ground area
9,920 m²
Building footprint
8,921 m²
Volume, LiDAR
142,556 m³
2 parcels, Brussels · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
TM services
Stalingradlaan 55, 1000 BrusselAgents in the wholesale of industrial machinery, ships and aircraft
since 20192.297.011.864
REDLINE
Stalingradlaan 85, 1000 BrusselAgents in the wholesale of industrial machinery, ships and aircraft
since 20212.313.173.648
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21809K0187/02A006 Brussels 9,765 m² 1 · 8,769 m² 22.2 m · 6 fl.
21809K0187/00L016 Brussels 155 m² 1 · 153 m² 22.9 m · 6 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,224 companies in sector 47400 we hold annual accounts for 1,808. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
46711Wholesale of cars and light vans (up to 3.5 tonnes)
Contact
E-mail tmservice.pr@gmail.comBrussel
Phone 0465585819Brussel
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.