TM CREATIONS

Active

Private limited companyfounded 20223 yrs activePapaverstraat 54, 2170 Antwerpen, BelgiumKBO/BCE: BE 0795.372.086

The computed 12-month bankruptcy probability of TM CREATIONS is 2.7% (moderate). The 2024 annual accounts show equity of €38k and a net result of €8k. Its solvency ranks better than 95% of 36378 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

81 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability91▼-9

Solvency100=

Growth52

Track record94

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 10.59; short-term debt: 9.2% and cash: 90.9% of total assets), and 9.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

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 →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

48 d early

2023

49 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€38k▲ 24.8%

2023 · €31k

2023: €31k

2023 → 2024

Total assets

€42k▲ 37.5%

2023 · €31k

2023: €31k

2023 → 2024

Net result

€8k▼ 74.3%

2023 · €30k

2023: €30k

2023 → 2024

Working capital

€37k

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€31k-€38k▲ 24.8%

Operating result€37k-€10k▼ 73.3%

Net result€30k-€8k▼ 74.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 73% below 2023.

Balance-sheet composition

Assets €42k

97.4%

Fixed assets €1k

Current assets €41k

Equity and liabilities €42k

90.8%

Equity €38k

Debt €4k

Debt finances 9.2% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€10k

Cash flow

€8k

Solvency

90.8%▼

2023 · 100.0%

Current ratio

10.59

Quick ratio

10.59

Debt / equity

0.10

ROE

19.9%▼

2023 · 96.7%

ROA

18.1%▼

2023 · 96.7%

Interest coverage

69.66

Debt

€4k

Debt ≤ 1 year

€4k

Income taxes

€2k▼

2023 · €8k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€31k€42k▲

Fixed assets21/28-€1k

Tangible fixed assets22/27-€1k

Plant, machinery and equipment23-€1k

Current assets29/58€31k€41k▲

Amounts receivable within one year40/41€9k€2k▼

Trade receivables40€743€547▼

Other amounts receivable41€8k€2k▼

Cash at bank and in hand54/58€22k€38k▲

Deferred charges and accrued income490/1€130€472▲

Equity and liabilities

Total equity and liabilities10/49€31k€42k▲

Equity10/15€31k€38k▲

Contributions10/11€1k€1k=

Profit (loss) carried forward14€30k€37k▲

Amounts payable17/49-€4k

Amounts payable within one year42/48-€4k

Trade debts44-€43

Suppliers440/4-€43

Taxes, remuneration and social security45-€2k

Taxes450/3-€2k

Other amounts payable47/48-€2k

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€134

Other operating charges640/8€493€417▼

Gross operating margin9900€38k€10k▼

Operating profit (loss)9901€37k€10k▼

Financial income75/76B€192€0▼

Recurring financial income75€192€0▼

Financial charges65/66B€65€145▲

Recurring financial charges65€65€145▲

Profit (loss) for the period before taxes9903€37k€10k▼

Income taxes67/77€8k€2k▼

Profit (loss) for the period9904€30k€8k▼

Profit (loss) for the period to be appropriated9905€30k€8k▼

Appropriation of the result

Profit (loss) to be appropriated9906€30k€37k▲

Profit (loss) brought forward from the previous period14P-€30k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

13-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

12-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Antwerpen · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Papaverstraat 542170 Antwerpen

Ground area

195 m²

Building footprint

77 m²

Volume, LiDAR

447 m³

Parcel 11422C0120/00R004, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

TM CREATIONS

Papaverstraat 54, 2170 AntwerpenLaying of wooden floor and wall coverings

since 20222.339.413.435

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11422C0120/00R004	Flanders	195 m²	1 · 77 m²	7.2 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.

Similar companies · same sector, comparable size

Home Ready Peinture & Décor

BE 0762.630.826

Overijse · Eq €38k

Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,276 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-12-2022

Fiscal year end31-12

Activities, NACEBEL

43341Painting of buildings

41001General construction of residential buildings

41002Construction of residential and non-residential buildings

43221Plumbing work

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.