TMCO.BE
ActiveTMCO.BE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €10k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-18
Solvency96▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.83 against 4.01 in 2024; short-term debt: 28.7% and cash: 50.5% of total assets), and 28.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.3%
Return on assets
6.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
12 d late
2023
22 d early
2022
17 d early
2021
1 d early
2020
1 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€110k▼ 15.4%
2024 · €129k
2018: €70k
2019: €70k
2020: €82k
2021: €91k
2022: €106k
2023: €110k
2024: €129k
2018 → 2025
Total assets
€154k▼ 4.4%
2024 · €161k
2018: €89k
2019: €86k
2020: €108k
2021: €111k
2022: €137k
2023: €143k
2024: €161k
2018 → 2025
Net result
€10k▼ 71.5%
2024 · €34k
2018: €-563
2019: €-366
2020: €13k
2021: €8k
2022: €15k
2023: €22k
2024: €34k
2018 → 2025
Working capital
€81k▼ 14.2%
2024 · €94k
2018: €46k
2019: €51k
2020: €63k
2021: €71k
2022: €58k
2023: €68k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€91k-€106k▲ 16.6%€110k▲ 4.1%€129k▲ 17.4%€110k▼ 15.4%
Operating result€14k-€24k▲ 71.8%€35k▲ 44.3%€54k▲ 55.3%€18k▼ 65.8%
Net result€8k-€15k▲ 79.3%€22k▲ 46.1%€34k▲ 55.4%€10k▼ 71.5%
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 2025; 2025 is 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154k
Fixed assets
€29k▼ 18.4%
Current assets
€125k▼ 0.4%
Equity and liabilities €154k
Equity
€110k▼ 15.4%
Debt
€44k▲ 41.2%
The debt ratio rises from 19.5% to 28.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25k▼
2024 · €62k
Cash flow
€16k▼
2024 · €42k
Solvency
71.3%▼
2024 · 80.5%
Current ratio
2.83▼
2024 · 4.01
Quick ratio
2.83▼
2024 · 3.93
Debt / equity
0.40▲
2024 · 0.24
ROE
8.9%▼
2024 · 26.5%
ROA
6.4%▼
2024 · 21.3%
Interest coverage
9.35▼
2024 · 14.42
Debt
€44k▲
2024 · €31k
Debt ≤ 1 year
€44k▲
2024 · €31k
Income taxes
€6k▼
2024 · €15k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€161k€154k▼
Fixed assets21/28€35k€29k▼
Tangible fixed assets22/27€34k€27k▼
Plant, machinery and equipment23€31k€25k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€125k€125k▼
Amounts receivable after more than one year29€13k€0▼
Other amounts receivable291€13k€0▼
Stocks and contracts in progress3€2k€0▼
Stocks30/36€2k€0▼
Amounts receivable within one year40/41€31k€31k▲
Trade receivables40€22k€29k▲
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€61k€78k▲
Deferred charges and accrued income490/1€18k€16k▼
Equity and liabilities
Total equity and liabilities10/49€161k€154k▼
Equity10/15€129k€110k▼
Contributions10/11€13k€13k=
Reserves13€117k€97k▼
Tax-exempt reserves132€8k€8k=
Distributable reserves133€109k€90k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€31k€44k▲
Amounts payable within one year42/48€31k€44k▲
Financial debts43€466€53▼
Credit institutions430/8€466€53▼
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€13k€10k▼
Other amounts payable47/48€12k€29k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€2k=
Other operating charges640/8€645€610▼
Non-recurring operating charges66A€0-
Gross operating margin9900€65k€28k▼
Operating profit (loss)9901€54k€18k▼
Financial income75/76B€7€9▲
Recurring financial income75€7€9▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€49k€16k▼
Income taxes67/77€15k€6k▼
Profit (loss) for the period9904€34k€10k▼
Profit (loss) for the period to be appropriated9905€34k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€10k▼
Transfer from equity791/2€15k€30k▲
Transfer to equity691/2€34k€10k▼
To other reserves6921€34k€10k▼
Profit to be distributed694/7€15k€30k▲
Return on contributions (dividend)694€15k€30k▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Highest result since 2018net €34k ▲55.4%
Operating result €54k, net result €34k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €106k ▲16.6%
3 profitable years in a row build equity to €106k.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aalter · 1 establishment unit since 2006
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.
Aalterstraat 329880 AalterGround area
1,611 m²
Building footprint
153 m²
Volume, LiDAR
906 m³
Parcel 44503F0888/00P000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TMCO.BE
since 20062.151.240.957
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44503F0888/00P000 | Flanders | 1,611 m² | 1 · 153 m² | 9.4 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 1,665 EUR awarded · 1,665 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 915 EUR | 915 EUR |
| 2022 | 1 | 750 EUR | 750 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 1,494 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-01-2006
Fiscal year end31-12
Trade name NL
The Management Company
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
74142
47554Retail trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.