TM BEZETTINGSWERKEN
ActiveSummary
TM BEZETTINGSWERKEN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €3k. Equity is growing by ~34.7% per year across the filed fiscal years. Its solvency ranks better than 29% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-11
Solvency52▼-48
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.97 against 3.61 in 2024; short-term debt: 73.1% and cash: 66.9% of total assets), and 73.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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
26.9%
Return on assets
1.4%
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 07-08-2026, 7 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
7 d late
2024
28 d early
2023
8 d early
2022
38 d early
2021
36 d early
2020
44 d early
2019
42 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 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, abbreviated schema
Equity
€65k▼ 63.3%
2024 · €178k
2018: €29k
2019: €32k
2020: €39k
2021: €74k
2022: €135k
2023: €157k
2024: €178k
2018 → 2025
Total assets
€243k▲ 2.0%
2024 · €238k
2018: €104k
2019: €99k
2020: €109k
2021: €149k
2022: €206k
2023: €232k
2024: €238k
2018 → 2025
Net result
€3k▼ 86.2%
2024 · €24k
2018: €5k
2019: €3k
2020: €13k
2021: €37k
2022: €65k
2023: €22k
2024: €24k
2018 → 2025
Working capital
€-5k
2024 · €136k
2018: €21k
2019: €11k
2020: €38k
2021: €61k
2022: €135k
2023: €109k
2024: €136k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€135k▲ 82.5%€157k▲ 16.2%€178k▲ 13.4%€65k▼ 63.3%
Operating result€55k-€95k▲ 72.5%€34k▼ 64.6%€38k▲ 12.3%€6k▼ 82.8%
Net result€37k-€65k▲ 75.0%€22k▼ 66.5%€24k▲ 10.4%€3k▼ 86.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €243k
Fixed assets
€70k ▲ 38.5%
Current assets
€173k ▼ 7.9%
Equity and liabilities €243k
Equity
€65k ▼ 63.3%
Debt
€178k ▲ 195%
The debt ratio rises from 25.3% to 73.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€27k▼
2024 · €53k
Cash flow
€23k▼
2024 · €40k
Current ratio
0.97▼
2024 · 3.61
Debt / equity
2.72▲
2024 · 0.34
ROE
5.1%▼
2024 · 13.6%
ROA
1.4%▼
2024 · 10.1%
Interest coverage
10.76▼
2024 · 18.21
Debt ≤ 1 year
€178k▲
2024 · €52k
Income taxes
€683▼
2024 · €11k
Staff costs
€31k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€238k€243k▲
Fixed assets21/28€50k€70k▲
Tangible fixed assets22/27€50k€70k▲
Plant, machinery and equipment23€1k€6k▲
Furniture and vehicles24€49k€64k▲
Financial fixed assets28€330€315▼
Current assets29/58€188k€173k▼
Amounts receivable within one year40/41€8k€11k▲
Trade receivables40€8k€5k▼
Other amounts receivable41-€5k
Cash at bank and in hand54/58€180k€162k▼
Equity and liabilities
Total equity and liabilities10/49€238k€243k▲
Equity10/15€178k€65k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€163k€50k▼
Distributable reserves133€163k€50k▼
Profit (loss) carried forward14€9k€9k=
Amounts payable17/49€60k€178k▲
Amounts payable after more than one year17€8k-
Financial debts170/4€8k-
Amounts payable within one year42/48€52k€178k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€8k€16k▲
Suppliers440/4€8k€16k▲
Taxes, remuneration and social security45€8k€14k▲
Taxes450/3€8k€12k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€28k€139k▲
Income statement
Code20242025
Non-recurring operating income76A€1€16k▲
Remuneration, social security and pensions62€7k€31k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€20k▲
Other operating charges640/8€265€213▼
Non-recurring operating charges66A€54-
Gross operating margin9900€61k€58k▼
Operating profit (loss)9901€38k€6k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€35k€4k▼
Income taxes67/77€11k€683▼
Profit (loss) for the period9904€24k€3k▼
Profit (loss) for the period to be appropriated9905€24k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€12k▼
Profit (loss) brought forward from the previous period14P€9k€9k=
Transfer from equity791/2€5k€115k▲
Transfer to equity691/2€26k€2k▼
To other reserves6921€26k€2k▼
Profit to be distributed694/7€3k€116k▲
Return on contributions (dividend)694€3k€116k▲
The notes to these accounts (9 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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150kEq €157k ▲16.2%
6 profitable years in a row build equity to €157k.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €65k ▲75%
Operating result €95k, net result €65k, both a record.
30-09
Financial
Equity above €100kEq €135k ▲82.5%
5 profitable years in a row build equity to €135k.
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €3k ▼30.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
20-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-03
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.
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, Mechelen · 1 establishment unit since 2010
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.
Geerdegem-Schonenberg 1872800 MechelenGround area
264 m²
Building footprint
89 m²
Volume, LiDAR
559 m³
Parcel 12403E0142/00T002, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TM Bezettingswerken
since 20102.193.922.937
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403E0142/00T002 | Flanders | 264 m² | 1 · 89 m² | 9.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 72 EUR awarded · 72 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 72 EUR | 72 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 1 endedAfwerking bouw duaal (so)
Stukadoor (vwo)
Stukadoor duaal (so)
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Of 751 companies in sector 43422 we hold annual accounts for 424. 351 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2010
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43422Screed work
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.