TM RESTAURANTS
ActiveSummary
The computed 12-month bankruptcy probability of TM RESTAURANTS is 2.6% (moderate). The annual accounts of TM RESTAURANTS for financial year 2025 show a net loss of 83% of the equity at the start of that year. The 2025 annual accounts show equity of €8,631 and a net result of -€40,851. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 16,839 sector peers (NACE 56, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TM RESTAURANTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, tant en Belgique qu'à l'étranger” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tous cas de cessions entre vifs,à titre onéreux ou gratuit,tant volontaires que forcées,cas exclusion et retrait, tant en usufruit qu'en…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Actions nouvelles à souscrire en numéraire offertes par préférence aux actionnaires existants proportionnellement nombre actions détenues…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of June at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed