TM BUSINESS
ActiveThe computed 12-month bankruptcy probability of TM BUSINESS is 1.8% (moderate). The 2025 annual accounts show equity of €41k and a net result of €12k. Equity is growing by ~35.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 4488 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+43
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.77 against 12.98 in 2024; short-term debt: 17.4% and cash: 33.4% of total assets), and 17.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
82.6%
Return on assets
24.7%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
5 d early
2023
7 d early
2022
4 d early
2021
2 d early
2020
13 d early
2019
314 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k
2024 · €-3k
2018: €-3k
2019: €-8k
2020: €10k
2021: €-620
2022: €26k
2023: €606
2024: €-3k
2018 → 2025
Working capital
€24k▼ 17.2%
2024 · €29k
2018: €369
2019: €-10k
2020: €3k
2021: €5k
2022: €19k
2023: €26k
2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€31k▲ 478%€32k▲ 1.9%€29k▼ 9.5%€41k▲ 42.6%
Operating result€-385-€26k€839▼ 96.7%€2k▲ 137%€13k▲ 549%
Net result€-620-€26k€606▼ 97.6%€-3k€12k
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 549% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50k
Fixed assets
€17k
Current assets
€32k
Equity and liabilities €50k
Equity
€41k▲ 42.6%
Debt
€9k▲ 259%
The debt ratio rises from 7.7% to 17.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €8k
Cash flow
€17k▲
2024 · €3k
Solvency
82.6%▼
2024 · 92.3%
Current ratio
3.77▼
2024 · 12.98
Quick ratio
3.77▼
2024 · 12.98
Debt / equity
0.21▲
2024 · 0.08
ROE
29.9%▲
2024 · -10.5%
ROA
24.7%▲
2024 · -9.7%
Interest coverage
116.19▲
2024 · 51.42
Debt
€9k▲
2024 · €2k
Debt ≤ 1 year
€9k▲
2024 · €2k
Income taxes
€520▼
2024 · €5k
Staff costs
€852▼
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
Balance sheet
Code20242025
Assets
Total assets20/58€31k€50k▲
Fixed assets21/28-€17k
Tangible fixed assets22/27-€17k
Furniture and vehicles24-€17k
Current assets29/58€31k€32k▲
Amounts receivable within one year40/41€13k€16k▲
Trade receivables40-€2k
Other amounts receivable41€13k€14k▲
Cash at bank and in hand54/58€17k€17k▼
Deferred charges and accrued income490/1€638-
Equity and liabilities
Total equity and liabilities10/49€31k€50k▲
Equity10/15€29k€41k▲
Contributions10/11€11k€11k=
Profit (loss) carried forward14€18k€30k▲
Amounts payable17/49€2k€9k▲
Amounts payable within one year42/48€2k€9k▲
Trade debts44€373€5k▲
Suppliers440/4€373€5k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€433€433=
Other amounts payable47/48€25-
Income statement
Code20242025
Remuneration, social security and pensions62€7k€852▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€638
Gross operating margin9900€16k€21k▲
Operating profit (loss)9901€2k€13k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€153€153=
Recurring financial charges65€153€153=
Profit (loss) for the period before taxes9903€2k€13k▲
Income taxes67/77€5k€520▼
Profit (loss) for the period9904€-3k€12k▲
Profit (loss) for the period to be appropriated9905€-3k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€30k▲
Profit (loss) brought forward from the previous period14P€21k€18k▼
The notes to these accounts (7 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 11.43
Current ratio from 4.04 to 11.43.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 4.04
Current ratio from 1.58 to 4.04; short-term debt falls from €5k to €2k.
18-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 314 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-12
Financial
Liquidity times 11current ratio 1.58
Current ratio from 0.14 to 1.58; short-term debt falls from €12k to €5k.
2019
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Sint-Jans-Molenbeek · 1 establishment unit since 2011
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.
De Koninckstraat 771080 Sint-Jans-MolenbeekGround area
1,195 m²
Building footprint
484 m²
Volume, LiDAR
4,316 m³
2 parcels, Brussels · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
André Drouartlaan 7, 1160 Oudergem
since 20112.199.317.028
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0107/00R000 | Brussels | 1,020 m² | 1 · 391 m² | 11.9 m · 3 fl. |
| 21526D0280/00D007 | Brussels | 175 m² | 1 · 93 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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AZIZA
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ESPACE TRANS
BE 1006.867.027
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HADIT
BE 0671.887.425
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BARTTAX
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Vorst · Eq €41k
Of 6,681 companies in sector 49330 we hold annual accounts for 2,284. 1,900 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2011
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.