TMA INTERNATIONAL

Active

Public limited companyfounded 2000active for 26 yearsSint-Michielslaan 125, 1040 Etterbeek, Belgium73 active companies are registered at this addressKBO/BCE: BE 0472.317.645

Summary

TMA INTERNATIONAL has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,930 and a net result of €333,210. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 24% of 1,055 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

TMA INTERNATIONALActiveChecked score 90/100

Risk analysis Report Compare

Activity

Certified accountants and tax accountants

NACE 69201

1 site

Size

€972,033total assets 2025

Staff: 9 FTE
Equity: €68,930
Profit: €333,210

Financial health

90 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Largest shareholder: S.E.D. MANAGEMENT · 33%

Accounts 4 days early0 of 6 deeds read

Why 90raises riskEquity €68,930 (7.1% of total assets)lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 1.03, cash €312,642Figures for financial year 2025 (filed 27-07-2026)Show the evidence

Checked score

Score 2025

90 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 23% of its sector peers (NACE 69, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 32-1

equity 7.1% of total assets

Liquidity 40-1

short-term debt 89.8% · cash 32.2%

Profitability 79-21

return on assets 34.3%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,047 companies, NACE 69, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.03, compared with 1.05 in 2024, below the usual 1.5; short-term debt: 89.8% and cash: 32.2% of total assets), and 92.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro): better than 12% on solvency, 16% on liquidity, 32% on profitability and 31% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Sector: Legal and accounting activities (NACE 69)

KBO

Liquidity: current ratio 1.03, cash €312,642

NBB · annual accounts

Equity €68,930 (7.1% of total assets)

NBB · annual accounts

Figures for financial year 2025 (filed 27-07-2026)

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1055 sector peers (2025).

NBB · sector comparison

Position among 1055 sector peers

Solvency

better than 24%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

4 days early

2024

2 days early

2023

19 days early

2022

on the day

2021

30 days late

2020

89 days late

2019

94 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days after the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-07-2026 Annual accounts filedfinancial year 2025 · full…
15-07-2026 General meeting · Capital decreaseOther provision · Amendment of…
21-05-2026 General meeting · DeclarationMerger · Purpose change

Key points

Positive: 8 profitable years in a rowprofit 2025: €333,210 8 years View
Among the largest 16% on gross marginsector median €449,897 · 934 companies €1.3m View
Positive: Result rose in 2025from €260,009 to €333,210 ▲ 28.2% View
Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2025
Total assets: €972,033
Profit: €333,210
Solvency: 7.1%

Total assets▲ 18.5%

Net result

20182025

Go to Financials

Board & ownership

Largest shareholder: S.E.D. MANAGEMENT · 33%

Go to Board & ownership

Timeline

Events: 40
Since: 2002
Next accounts: by 31-07-2027

13-04-2026Board meeting · Permanent representative
05-03-2026General meeting · Other provision
13-02-2026Founder · Incorporation

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Certified accountants and tax accountantsNACE 69201
Founded: 06-07-2000
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about TMA INTERNATIONAL

What is the company number of TMA INTERNATIONAL?: 0472.317.645. In Belgium the VAT number is the company number with BE in front: BE 0472.317.645.
Where is TMA INTERNATIONAL based?: The registered office is at Sint-Michielslaan 125, 1040 Etterbeek.Company details
What does TMA INTERNATIONAL do?: According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
What is the legal form of TMA INTERNATIONAL?: Public limited company (NV).
When was TMA INTERNATIONAL founded?: On 06-07-2000.
Is TMA INTERNATIONAL still active?: Yes, TMA INTERNATIONAL is an active enterprise in the KBO register.
How many employees does TMA INTERNATIONAL have?: On average 9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TMA INTERNATIONAL?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is TMA INTERNATIONAL profitable?: In financial year 2025, TMA INTERNATIONAL made a profit of €333,210.
Where can I find the annual accounts of TMA INTERNATIONAL?: TMA INTERNATIONAL filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TMA INTERNATIONAL due?: By 31-07-2027, for financial year 2026.Timeline