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TMB Technics

Active
Private limited companyfounded 20206 yrs activeRue Haie Nicolas 15, 5030 Gembloux, BelgiumKBO/BCE: BE 0752.992.291
Summary

The computed 12-month bankruptcy probability of TMB Technics is 2.6% (moderate). The 2024 annual accounts show equity of €112,358 and a net result of €12,039. Equity is growing by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 36377 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability74▼-11
Solvency64▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.3 in 2023; short-term debt: 30.3% and cash: 13.9% of total assets), and 61.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
38.8%
Return on assets
4.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
35 d early
2023
41 d early
2022
40 d early
2021
41 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 27 August 2020, TMB Technics was incorporated as a Private limited company.1 Total assets went from EUR 260,356 in 2021 to EUR 289,365 in 2024 and headcount from 1 to 1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€112,358▲ 12.0%
2023 · €100,319
Total assets
€289,365▼ 7.0%
2023 · €311,134
Net result
€12,039▼ 71.1%
2023 · €41,684
Working capital
€42,659▲ 25.3%
2023 · €34,046
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€51,383-€17,440▼ 66.1%€57,525▲ 230%€14,791▼ 74.3%
Net result€47,723-€12,912▼ 72.9%€41,684▲ 223%€12,039▼ 71.1%
Equity€49,723-€58,635▲ 17.9%€100,319▲ 71.1%€112,358▲ 12.0%
Total assets€260,356-€287,741▲ 10.5%€311,134▲ 8.1%€289,365▼ 7.0%
Debt€210,633-€229,105▲ 8.8%€210,815▼ 8.0%€177,007▼ 16.0%
Working capital-€14,514--€10,394▲ 28.4%€34,046€42,659▲ 25.3%
Staff (FTE)1-1=1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €51,383€51,383Net result 2021: €47,723€47,723Operating result 2022: €17,440€17,440Net result 2022: €12,912€12,912Operating result 2023: €57,525€57,525Net result 2023: €41,684€41,684Operating result 2024: €14,791€14,791Net result 2024: €12,039€12,0392021202220232024€0€20,000€40,000€60,000Operating result 2022: €17,440€17,400Net result 2022: €12,912€12,900Operating result 2023: €57,525€57,500Net result 2023: €41,684€41,700Operating result 2024: €14,791€14,800Net result 2024: €12,039€12,000202220232024
The operating result falls in 2024; 2024 is 74% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €289,365
Fixed assets €159,067 ▼ 2.6%
Current assets €130,298 ▼ 11.8%
Equity and liabilities €289,365
Equity €112,358 ▲ 12.0%
Debt €177,007 ▼ 16.0%
Debt's share of the balance-sheet total falls from 67.8% to 61.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€24,762▼
2023 · €67,891
Cash flow
€22,010▼
2023 · €52,050
Current ratio
1.49▲
2023 · 1.30
Quick ratio
1.28▲
2023 · 1.23
Debt to equity
1.58▼
2023 · 2.10
ROE
10.7%▼
2023 · 41.6%
ROA
4.2%▼
2023 · 13.4%
Interest coverage
13.21▼
2023 · 23.25
Debt ≤ 1 year
€87,639▼
2023 · €113,712
Debt > 1 year
€89,367▼
2023 · €97,103
Income taxes
€3,090▼
2023 · €13,964
Staff costs
€16,532▼
2023 · €40,138
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,047 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.0% went bankrupt
3.7% stopped otherwise
94% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,047 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€311,134€289,365▼
Fixed assets21/28€163,376€159,067▼
Tangible fixed assets22/27€163,376€159,067▼
Land and buildings22€163,376€156,887▼
Furniture and vehicles24-€2,180
Current assets29/58€147,758€130,298▼
Stocks and contracts in progress3€8,096€17,993▲
Stocks30/36€8,096€17,993▲
Amounts receivable within one year40/41€43,981€60,851▲
Trade receivables40€43,981€39,097▼
Other amounts receivable41-€21,754
Cash at bank and in hand54/58€92,952€40,194▼
Deferred charges and accrued income490/1€2,730€11,260▲
Equity and liabilities
Total equity and liabilities10/49€311,134€289,365▼
Equity10/15€100,319€112,358▲
Contributions10/11€2,000€2,000=
Reserves13€98,000€110,000▲
Distributable reserves133€98,000€110,000▲
Profit (loss) carried forward14€319€358▲
Amounts payable17/49€210,815€177,007▼
Amounts payable after more than one year17€97,103€89,367▼
Financial debts170/4€97,103€89,367▼
Amounts payable within one year42/48€113,712€87,639▼
Current portion of amounts payable after more than one year42€7,610€7,736▲
Trade debts44€4,144€37,377▲
Suppliers440/4€4,144€37,377▲
Taxes, remuneration and social security45€19,090€13,965▼
Taxes450/3€18,158€13,965▼
Remuneration and social security454/9€931-
Other amounts payable47/48€82,868€28,562▼
Income statement Code20232024
Remuneration, social security and pensions62€40,138€16,532▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,366€9,971▼
Other operating charges640/8€948€35▼
Gross operating margin9900€108,977€41,329▼
Operating profit (loss)9901€57,525€14,791▼
Financial income75/76B€1,043€2,212▲
Recurring financial income75€1,043€2,212▲
Financial charges65/66B€2,920€1,874▼
Recurring financial charges65€2,920€1,874▼
Profit (loss) for the period before taxes9903€55,648€15,129▼
Income taxes67/77€13,964€3,090▼
Profit (loss) for the period9904€41,684€12,039▼
Profit (loss) for the period to be appropriated9905€41,684€12,039▼
Appropriation of the result
Profit (loss) to be appropriated9906€42,319€12,358▼
Profit (loss) brought forward from the previous period14P€635€319▼
Transfer to equity691/2€42,000€12,000▼
To other reserves6921€42,000€12,000▼

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

Line2021202220232024Change
Remuneration, social security and pensions62€5,885€44,686€40,138€16,532▼ 58.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,001€10,454€10,366€9,971▼ 3.8%
Other operating charges640/8€2,482-€948€35▼ 96.3%
Gross operating margin9900€62,751€72,580€108,977€41,329▼ 62.1%
Operating profit (loss)9901€51,383€17,440€57,525€14,791▼ 74.3%
Financial income75/76B€1,799€1,300€1,043€2,212▲ 112%
Recurring financial income75€1,799€1,300€1,043€2,212▲ 112%
Financial charges65/66B€2,814€3,428€2,920€1,874▼ 35.8%
Recurring financial charges65€2,814€3,428€2,920€1,874▼ 35.8%
Profit (loss) for the period before taxes9903€50,368€15,312€55,648€15,129▼ 72.8%
Income taxes67/77€2,645€2,400€13,964€3,090▼ 77.9%
Profit (loss) for the period9904€47,723€12,912€41,684€12,039▼ 71.1%
Profit (loss) for the period to be appropriated9905€47,723€12,912€41,684€12,039▼ 71.1%
Line2021202220232024Change
Assets
Total assets20/58€260,356€287,741€311,134€289,365▼ 7.0%
Fixed assets21/28€176,436€173,742€163,376€159,067▼ 2.6%
Tangible fixed assets22/27€176,436€173,742€163,376€159,067▼ 2.6%
Land and buildings22€173,524€172,496€163,376€156,887▼ 4.0%
Furniture and vehicles24€2,913€1,246-€2,180-
Current assets29/58€83,920€113,998€147,758€130,298▼ 11.8%
Stocks and contracts in progress3€6,693€11,492€8,096€17,993▲ 122%
Stocks30/36€6,693€11,492€8,096€17,993▲ 122%
Amounts receivable within one year40/41€12,820€22,117€43,981€60,851▲ 38.4%
Trade receivables40€9,398€18,385€43,981€39,097▼ 11.1%
Other amounts receivable41€3,422€3,731-€21,754-
Cash at bank and in hand54/58€64,407€80,389€92,952€40,194▼ 56.8%
Deferred charges and accrued income490/1--€2,730€11,260▲ 313%
Equity and liabilities
Total equity and liabilities10/49€260,356€287,741€311,134€289,365▼ 7.0%
Equity10/15€49,723€58,635€100,319€112,358▲ 12.0%
Contributions10/11€2,000€2,000€2,000€2,000=
Reserves13€47,000€56,000€98,000€110,000▲ 12.2%
Distributable reserves133€47,000€56,000€98,000€110,000▲ 12.2%
Profit (loss) carried forward14€723€635€319€358▲ 12.1%
Amounts payable17/49€210,633€229,105€210,815€177,007▼ 16.0%
Amounts payable after more than one year17€112,199€104,713€97,103€89,367▼ 8.0%
Financial debts170/4€112,199€104,713€97,103€89,367▼ 8.0%
Amounts payable within one year42/48€98,434€124,392€113,712€87,639▼ 22.9%
Current portion of amounts payable after more than one year42€7,364€7,486€7,610€7,736▲ 1.7%
Trade debts44€630€9,558€4,144€37,377▲ 802%
Suppliers440/4€630€9,558€4,144€37,377▲ 802%
Taxes, remuneration and social security45€3,419€9,987€19,090€13,965▼ 26.8%
Taxes450/3€2,645€5,045€18,158€13,965▼ 23.1%
Remuneration and social security454/9€774€4,942€931--
Other amounts payable47/48€87,020€97,362€82,868€28,562▼ 65.5%
Line2021202220232024Change
Profit (loss) for the period9904€47,723€12,912€41,684€12,039▼ 71.1%
+ Depreciation and write-downs630€3,001€10,454€10,366€9,971▼ 3.8%
Operating cash flow (approximation)€50,724€23,366€52,050€22,010▼ 57.7%
Investment in fixed assets (approximation)--€7,760€0-€5,661-
Change in cash-€15,982€12,563-€52,758▼ 520%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €12,039 ▼71.1%
Net result drops to €12,039, the lowest in the series.
20-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €100,000Eq €100,319 ▲71.1%
3 profitable years in a row build equity to €100,319.
21-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Gembloux · 1 establishment unit since 2020
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.

Rue Haie Nicolas 155030 Gembloux
1 establishment unit
TMB Technics
Rue Haie Nicolas 15, 5030 GemblouxRepair, maintenance and installation of machinery and equipment
since 20202.306.724.336

Similar companies · same sector, comparable size

Of 9,536 companies in sector 43222 we hold annual accounts for 5,667. 4,936 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
43221Plumbing work
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID 0208:0752992291
Registered 20-11-2020

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.