TCIM
ActiveSummary
TCIM has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €639k and a net result of €2k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+19
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 33.85 against 2.59 in 2024; short-term debt: 0.3% and cash: 4.8% of total assets), and 0.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.7%
Return on assets
0.4%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
52 d early
2023
56 d early
2022
47 d early
2021
48 d early
2020
59 d early
2019
59 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€639k▲ 0.4%
2024 · €637k
Total assets
€641k▼ 3.4%
2024 · €663k
Net result
€2k▼ 99.0%
2024 · €242k
Working capital
€61k▲ 43.6%
2024 · €42k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-49k€-15k▲ 68.9%€-18k▼ 18.1%€-24k▼ 31.0%€431
Net result€107k▲ 242%€14k▼ 87.3%€49k▲ 261%€242k▲ 394%€2k▼ 99.0%
Equity€912k▲ 13.3%€846k▼ 7.3%€895k▲ 5.8%€637k▼ 28.8%€639k▲ 0.4%
Total assets€965k▼ 5.3%€857k▼ 11.2%€909k▲ 6.1%€663k▼ 27.0%€641k▼ 3.4%
Debt€52k▼ 75.5%€11k▼ 79.1%€14k▲ 32.3%€27k▲ 84.1%€2k▼ 93.1%
Working capital€245k▼ 17.8%€200k▼ 18.5%€264k▲ 32.2%€42k▼ 84.0%€61k▲ 43.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €431 after a loss of €24k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €641k
Fixed assets
€578k ▼ 2.7%
Current assets
€63k ▼ 9.2%
Equity and liabilities €641k
Equity
€639k ▲ 0.4%
Debt
€2k ▼ 93.1%
Debt's share of the balance-sheet total falls from 4.0% to 0.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €-7k
Cash flow
€18k▼
2024 · €259k
Current ratio
33.85▲
2024 · 2.59
Debt to equity
0.00▼
2024 · 0.04
ROE
0.4%▼
2024 · 38.0%
ROA
0.4%▼
2024 · 36.5%
Interest coverage
23.80▲
2024 · -0.61
Debt ≤ 1 year
€2k▼
2024 · €27k
Income taxes
€308▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €17k | €17k | €17k | €16k | ▼ 3.7% |
| Other operating charges640/8 | - | €4k | €3k | €3k | €3k | ▼ 11.8% |
| Gross operating margin9900 | €-29k | €6k | €2k | €-4k | €19k | ▲ 643% |
| Operating profit (loss)9901 | €-49k | €-15k | €-18k | €-24k | €431 | ▲ 102% |
| Financial income75/76B | - | €36k | €74k | €302k | €3k | ▼ 99.0% |
| Recurring financial income75 | €174k | €36k | €74k | €302k | €3k | ▼ 99.0% |
| Financial charges65/66B | - | €4k | €1k | €12k | €690 | ▼ 94.1% |
| Recurring financial charges65 | €5k | €4k | €1k | €12k | €690 | ▼ 94.1% |
| Profit (loss) for the period before taxes9903 | €119k | €16k | €54k | €266k | €3k | ▼ 99.0% |
| Income taxes67/77 | €12k | €2k | €5k | €24k | €308 | ▼ 98.7% |
| Profit (loss) for the period9904 | €107k | €14k | €49k | €242k | €2k | ▼ 99.0% |
| Profit (loss) for the period to be appropriated9905 | €107k | €14k | €49k | €242k | €2k | ▼ 99.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €965k | €857k | €909k | €663k | €641k | ▼ 3.4% |
| Fixed assets21/28 | €667k | €646k | €631k | €594k | €578k | ▼ 2.7% |
| Tangible fixed assets22/27 | €476k | €458k | €443k | €429k | €413k | ▼ 3.7% |
| Land and buildings22 | - | €450k | €436k | €422k | €407k | ▼ 3.4% |
| Plant, machinery and equipment23 | - | - | - | €3k | €3k | ▼ 10.6% |
| Furniture and vehicles24 | - | €3k | €3k | €1k | €385 | ▼ 64.2% |
| Other tangible fixed assets26 | - | €5k | €5k | €4k | €3k | ▼ 19.0% |
| Financial fixed assets28 | €191k | €188k | €188k | €165k | €165k | = |
| Current assets29/58 | €298k | €211k | €278k | €69k | €63k | ▼ 9.2% |
| Amounts receivable within one year40/41 | €130k | €90k | €156k | €3k | €5k | ▲ 64.2% |
| Trade receivables40 | - | €13k | €12k | €3k | €3k | = |
| Other amounts receivable41 | - | €78k | €144k | - | €2k | - |
| Current investments50/53 | €25k | €23k | €26k | €26k | €26k | ▲ 0.7% |
| Cash at bank and in hand54/58 | €114k | €91k | €92k | €36k | €31k | ▼ 16.3% |
| Deferred charges and accrued income490/1 | - | €6k | €5k | €4k | €1k | ▼ 69.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €965k | €857k | €909k | €663k | €641k | ▼ 3.4% |
| Equity10/15 | €912k | €846k | €895k | €637k | €639k | ▲ 0.4% |
| Contributions10/11 | - | €7k | €9k | €7k | €7k | = |
| Reserves13 | €905k | €839k | €886k | €630k | €632k | ▲ 0.4% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Other1319 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €837k | €886k | €630k | €632k | ▲ 0.4% |
| Amounts payable17/49 | €52k | €11k | €14k | €27k | €2k | ▼ 93.1% |
| Amounts payable within one year42/48 | €52k | €11k | €14k | €27k | €2k | ▼ 93.1% |
| Trade debts44 | €31k | €785 | €1k | €677 | €282 | ▼ 58.3% |
| Suppliers440/4 | - | €785 | €1k | €677 | €282 | ▼ 58.3% |
| Taxes, remuneration and social security45 | - | €10k | €13k | €26k | €2k | ▼ 93.9% |
| Taxes450/3 | - | €4k | €8k | €26k | €2k | ▼ 93.9% |
| Remuneration and social security454/9 | - | €6k | €6k | - | - | - |
| Other amounts payable47/48 | - | - | - | €360 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €107k | €14k | €49k | €242k | €2k | ▼ 99.0% |
| + Depreciation and write-downs630 | €18k | €17k | €17k | €17k | €16k | ▼ 3.7% |
| Operating cash flow (approximation) | €125k | €31k | €66k | €259k | €18k | ▼ 92.9% |
| Investment in fixed assets (approximation) | - | €4k | €-2k | €20k | €0 | ▼ 100% |
| Change in cash | - | €-23k | €902 | €-56k | €-6k | ▲ 89.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Weakest financial yearnet €2k ▼99%
Net result drops to €2k, the lowest in the series.
30-06
Financial
Liquidity times 13current ratio 33.85
Current ratio from 2.59 to 33.85; short-term debt falls from €27k to €2k.
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Highest result since 2019net €242k ▲394%
Net result €242k, the highest in the series.
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Liquidity triplescurrent ratio 19.27
Current ratio from 5.68 to 19.27; short-term debt falls from €52k to €11k.
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Liquidity doublescurrent ratio 5.68
Current ratio from 2.39 to 5.68; short-term debt falls from €214k to €52k.
2020
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
03-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Beerse · 1 establishment unit since 2011
Ground area
651 m²
Building footprint
206 m²
Volume, LiDAR
1,166 m³
Parcel 13004C0297/00E000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TCIM
since 20112.203.415.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004C0297/00E000 | Flanders | 651 m² | 1 · 206 m² | 11.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
CODEN TRADE
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METAL-GENT
BE 0808.773.924
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BELGIAN TYRE SERVICES
BE 0445.243.757
Gent · Eq €625,928
VERVISCH LEO
BE 0479.047.465
Avelgem · Eq €621,082
JOMO METALEN
BE 0460.273.413
Lokeren · Eq €620,518
Of 734 companies in sector 46820 we hold annual accounts for 388. 278 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-10-2011
Fiscal year end30-06
Activities, NACEBEL 2025
46820Wholesale trade
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.