TM TEC
ActiveFinancials · financial year 2026, micro format
Annual accounts 2026 filed on 05-10-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2026 is over 23 times that of 2025 and the highest since 2024. It is a recovery after the fall in 2025.
Investments
| Item | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|
| Tangible fixed assets | - | €17,573 | €3,048 |
| Depreciation and write-downs of the year | - | €4,756 | €7,060 |
Source: notes to the 2024 to 2026 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Turnover70 | €119,206 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €113,252 | - | - | - |
| Remuneration, social security and pensions62 | €695 | €518 | €1,406 | ▲ 171% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,756 | €7,060 | ▲ 48.4% |
| Other operating charges640/8 | €556 | €1,661 | €293 | ▼ 82.4% |
| Gross operating margin9900 | €5,955 | €7,628 | €24,804 | ▲ 225% |
| Operating profit (loss)9901 | €4,703 | €692 | €16,046 | ▲ 23× |
| Financial income75/76B | €8 | - | €23 | - |
| Recurring financial income75 | €8 | - | €23 | - |
| Financial charges65/66B | €77 | €141 | €338 | ▲ 141% |
| Recurring financial charges65 | €77 | €141 | €338 | ▲ 141% |
| Profit (loss) for the period before taxes9903 | €4,635 | €552 | €15,730 | ▲ 29× |
| Income taxes67/77 | €1,117 | €344 | €3,230 | ▲ 838% |
| Profit (loss) for the period9904 | €3,518 | €207 | €12,500 | ▲ 60× |
| Profit (loss) for the period to be appropriated9905 | €3,518 | €207 | €12,500 | ▲ 60× |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €19,847 | €36,432 | €34,890 | ▼ 4.2% |
| Fixed assets21/28 | - | €12,817 | €8,805 | ▼ 31.3% |
| Tangible fixed assets22/27 | - | €12,817 | €8,805 | ▼ 31.3% |
| Furniture and vehicles24 | - | €12,817 | €8,805 | ▼ 31.3% |
| Current assets29/58 | €19,847 | €23,615 | €26,085 | ▲ 10.5% |
| Amounts receivable within one year40/41 | €18,896 | €18,228 | €9,994 | ▼ 45.2% |
| Trade receivables40 | €17,827 | €16,959 | €9,994 | ▼ 41.1% |
| Other amounts receivable41 | €1,069 | €1,269 | - | - |
| Cash at bank and in hand54/58 | €951 | €5,387 | €16,091 | ▲ 199% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €19,847 | €36,432 | €34,890 | ▼ 4.2% |
| Equity10/15 | €5,518 | €5,725 | €18,225 | ▲ 218% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €3,518 | €3,725 | €16,225 | ▲ 336% |
| Amounts payable17/49 | €14,329 | €30,707 | €16,664 | ▼ 45.7% |
| Amounts payable within one year42/48 | €14,329 | €30,707 | €16,664 | ▼ 45.7% |
| Trade debts44 | €12,413 | €29,800 | €11,021 | ▼ 63.0% |
| Suppliers440/4 | €252 | €14,606 | €3,656 | ▼ 75.0% |
| Bills of exchange payable441 | €12,161 | €15,194 | €7,365 | ▼ 51.5% |
| Taxes, remuneration and social security45 | €1,916 | €907 | €5,261 | ▲ 480% |
| Taxes450/3 | €1,916 | €907 | €5,261 | ▲ 480% |
| Other amounts payable47/48 | - | - | €382 | - |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,518 | €207 | €12,500 | ▲ 60× |
| + Depreciation and write-downs630 | - | €4,756 | €7,060 | ▲ 48.4% |
| Operating cash flow (approximation) | €3,518 | €4,963 | €19,561 | ▲ 294% |
| Investment in fixed assets (approximation) | - | - | -€3,048 | - |
| Change in cash | - | €4,436 | €10,704 | ▲ 141% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as TM TEC has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of TM TEC itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for TM TEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.