TM
ActiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
TM has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €350,611. Equity is shrinking by about 3% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
KBO- Status
- Active since 08-07-2021 Normal situation
- Legal form
- Private limited company
- Registered office
- Janssenlei 15, 2530 Boechout
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.319.551.003 2530 Boechout, since 08-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Who decides
- Bart Willem van der ValkDirector · since 10-06-2025
- Johannes Jan van der LindenDirector · since 10-06-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €520,837
- ▲ 29×
- Turnover
- ≈ €1.2m
- estimated
- Profit
- €350,611
- ▲ 81×
- Equity
- €1.8m
- ▼ 22.3%
- Total assets
- €2.8m
- ▼ 9.9%
Why 66raises riskLiquidity: current ratio 1.27, cash €6,488, halved1 change of registered office in 24 monthsFounded in 2021lowers riskSize: total assets €2.8mShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, small): better than 55% on solvency, 25% on liquidity, 92% on profitability and 11% on growth.
The bankruptcy probability was computed on 31-10-2026 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
This company filed its last 5 accounts on average 19 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 30-07-2026
- Format
- abbreviated format
- Reference
- 2026-00371016
2021 to 2025, 5 financial years
The operating result returns to profit in 2025: €469,829 after a loss of €64,817 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
- 2025 Net result +8,010% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Peer companies
Historical observationOf the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 6,782 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1.3m | €0 | - | - |
| Remuneration, social security and pensions62 | - | €65 | €317 | €190 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.08m | €0.09m | €0.08m | €0.08m | €0.05m | ▼ 34.8% |
| Other operating charges640/8 | €0.003m | €0.003m | €0.002m | €0.005m | €0.001m | ▼ 85.3% |
| Gross operating margin9900 | €0.04m | €0.06m | €1.3m | €0.02m | €0.5m | ▲ 29× |
| Operating profit (loss)9901 | -€0.04m | -€0.03m | €1.3m | -€0.06m | €0.5m | - |
| Financial income75/76B | €0.05m | €0.001m | €0.003m | €0.08m | €304 | ▼ 99.6% |
| Recurring financial income75 | €0.05m | €0.001m | €0.003m | €0.08m | €304 | ▼ 99.6% |
| Financial charges65/66B | -€0.004m | €0.02m | €0.005m | €0.007m | €0.002m | ▼ 64.8% |
| Recurring financial charges65 | -€0.004m | €0.02m | €0.005m | €0.007m | €0.002m | ▼ 64.8% |
| Profit (loss) for the period before taxes9903 | €0.007m | -€0.05m | €1.3m | €0.005m | €0.5m | ▲ 104× |
| Transfer to deferred taxes680 | - | - | - | - | €0.1m | - |
| Income taxes67/77 | €484 | €51 | €0.3m | €179 | €0.008m | ▲ 43× |
| Profit (loss) for the period9904 | €0.007m | -€0.05m | €0.9m | €0.004m | €0.4m | ▲ 81× |
| Transfer to tax-exempt reserves689 | - | - | - | - | €0.3m | - |
| Profit (loss) for the period to be appropriated9905 | €0.007m | -€0.05m | €0.9m | €0.004m | €0.02m | ▲ 413% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.8m | €2.7m | €3.9m | €3.1m | €2.8m | ▼ 9.9% |
| Fixed assets21/28 | €2.3m | €2.3m | €2.1m | €1.9m | €1.7m | ▼ 11.9% |
| Tangible fixed assets22/27 | €2.3m | €2.3m | €2.1m | €1.9m | €1.7m | ▼ 11.9% |
| Land and buildings22 | €2.3m | €2.3m | €2.1m | €1.9m | €1.7m | ▼ 11.9% |
| Plant, machinery and equipment23 | €0.009m | €0.008m | €0.006m | €0 | - | - |
| Current assets29/58 | €0.4m | €0.4m | €1.8m | €1.2m | €1.1m | ▼ 6.6% |
| Stocks and contracts in progress3 | - | €462 | €0 | - | - | - |
| Stocks30/36 | - | €462 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.01m | €0.07m | €0.1m | €0.8m | ▲ 610% |
| Trade receivables40 | €0.005m | €0.005m | €0.04m | €0.09m | €0 | ▼ 100% |
| Other amounts receivable41 | €0.3m | €0.008m | €0.03m | €0.03m | €0.8m | ▲ 30× |
| Current investments50/53 | - | €0.4m | €1.7m | €0.6m | €0.3m | ▼ 48.0% |
| Cash at bank and in hand54/58 | €0.1m | €0.02m | €0.04m | €0.5m | €0.006m | ▼ 98.7% |
| Deferred charges and accrued income490/1 | €0.001m | €338 | €0.002m | €0 | €0.006m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.8m | €2.7m | €3.9m | €3.1m | €2.8m | ▼ 9.9% |
| Equity10/15 | €2.1m | €2.0m | €2.9m | €2.3m | €1.8m | ▼ 22.3% |
| Contributions10/11 | €0.9m | €0.9m | €0.9m | €0.9m | €0.8m | ▼ 6.5% |
| Reserves13 | €1.1m | €1.1m | €2.0m | €1.4m | €0.9m | ▼ 32.3% |
| Non-distributable reserves130/1 | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Own shares acquired1312 | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Tax-exempt reserves132 | - | - | - | - | €0.3m | - |
| Distributable reserves133 | €1.1m | €0.8m | €1.7m | €1.1m | €0.3m | ▼ 72.1% |
| Profit (loss) carried forward14 | €0.05m | €0.004m | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | - | - | - | - | €0.1m | - |
| Deferred taxes168 | - | - | - | - | €0.1m | - |
| Amounts payable17/49 | €0.7m | €0.7m | €1.0m | €0.8m | €0.9m | ▲ 10.6% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | €0.2m | €0.1m | €0.04m | ▼ 60.0% |
| Financial debts170/4 | €0.3m | €0.3m | €0.2m | €0.1m | €0.04m | ▼ 60.0% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.5m | €0.7m | €0.9m | ▲ 19.4% |
| Current portion of amounts payable after more than one year42 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Trade debts44 | €0.04m | €0.02m | €0.05m | €0.009m | €0.01m | ▲ 30.6% |
| Suppliers440/4 | €0.04m | €0.02m | €0.05m | €0.009m | €0.01m | ▲ 30.6% |
| Taxes, remuneration and social security45 | €414 | €0.001m | €0.3m | €0.3m | €0.008m | ▼ 97.7% |
| Taxes450/3 | €414 | €0.001m | €0.3m | €0.3m | €0.008m | ▼ 97.7% |
| Other amounts payable47/48 | €0.1m | €0.04m | €0.04m | €0.3m | €0.8m | ▲ 142% |
| Accrued charges and deferred income492/3 | €0.2m | €0.2m | €0.2m | €0.008m | €0.01m | ▲ 51.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.007m | -€0.05m | €0.9m | €0.004m | €0.4m | ▲ 81× |
| + Depreciation and write-downs630 | €0.08m | €0.09m | €0.08m | €0.08m | €0.05m | ▼ 34.8% |
| Operating cash flow (approximation) | €0.09m | €0.04m | €1.0m | €0.08m | €0.4m | ▲ 392% |
| Investment in fixed assets (approximation) | - | -€0.002m | €0.09m | €0.09m | €0.2m | ▲ 96.4% |
| Change in cash | - | -€0.09m | €0.01m | €0.4m | -€0.5m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-07-2026 | 2026-00371016 | NBB |
| 31-12-2024 | micro format | 29-07-2025 | 2025-00324265 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00482842 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00296477 | |
| 31-12-2021 | micro format | 05-09-2022 | 2022-20417244 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bart Willem van der Valk |
|
| Johannes Jan van der Linden |
|
| Christiane Augusta Jozef Embrechts |
|
| Irene Alphonsius Antonius Maria Martens |
|
| Lucas Frans Thoné |
|
| Pieter-Jan Thoné |
|
Owners and capital
Owners
1 ownerChain of control
Owners 1
- Studiecentrum C&Tparent100%
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-07
Gazette deed
Resignations: Lucas Frans Thoné, Christiane Augusta Jozef Embrechts and 2 othersAppointments: Bart Willem van der Valk (director) and Johannes Jan van der Linden (director) · Registered-office move · Director discharge12 facts ▸
- General meeting, 10-06-2025
- Director resignation, Lucas Frans Thoné (director)
- Director resignation, Christiane Augusta Jozef Embrechts (director)
- Director resignation, Pieter-Jan Thoné (director)
- Director resignation, Irene Alphonsius Antonius Maria Martens (director)
- Director appointment, Bart Willem van der Valk (director)
- Director appointment, Johannes Jan van der Linden (director)
- Registered-office move, Janssenlei 15,bus 4,2530 Boechout
- Director discharge, Lucas Frans Thoné (director)
- Director discharge, Christiane Augusta Jozef Embrechts (director)
- Director discharge, Pieter-Jan Thoné (director)
- Director discharge, Irene Alphonsius Antonius Maria Martens (director)
29-10
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 26-08-2024
- Registered-office move, Asterlaan 19, 2950 Кapeilen
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11004D0018/00D005 | Flanders | 3,220 m² | 1 · 765 m² | 1.1 m |