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TMD

Active
Private limited companyfounded 20223 yrs activeLouizalaan 251/004, 1050 Brussel, BelgiumKBO/BCE: BE 0794.583.517
Summary

The computed 12-month bankruptcy probability of TMD is 8.1% (elevated). The 2025 annual accounts show equity of €3,849 and a net result of -€1,016. The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability13▲+1
Solvency63▼-10
Growth58
Track record86
Bankruptcy probability, 12 months
8.1% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.58 against 1.88 in 2024; short-term debt: 62.3% of total assets), but 62.3% of the assets are financed with debt.
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Signals

Seven 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 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
37.7%
Return on assets
-10%
Age of the figures
9 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
26 d late
2024
103 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 65 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
Checked, nothing found (1)
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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline

History

TMD was incorporated on 9 December 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€3,849▼ 20.9%
2024 · €4,865
Total assets
€10,195=
2024 · €10,195
Net result
-€1,016▲ 3.9%
2024 · -€1,057
Working capital
€3,654▼ 21.8%
2024 · €4,670
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
Line20242025
Operating result-€1,057--€1,016▲ 3.9%
Net result-€1,057--€1,016▲ 3.9%
Equity€4,865-€3,849▼ 20.9%
Total assets€10,195-€10,195=
Debt€5,330-€6,346▲ 19.1%
Working capital€4,670-€3,654▼ 21.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,500-€1,000-€500€0Operating result 2024: -€1,057-€1,057Net result 2024: -€1,057-€1,057Operating result 2025: -€1,016-€1,016Net result 2025: -€1,016-€1,01620242025-€1,500-€1,000-€500€0Operating result 2024: -€1,057-€1,060Net result 2024: -€1,057-€1,060Operating result 2025: -€1,016-€1,020Net result 2025: -€1,016-€1,02020242025
The operating result stays negative: a loss of €1,016 in 2025 against €1,057 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10,195
Fixed assets €195 =
Current assets €10,000 =
Equity and liabilities €10,195
Equity €3,849 ▼ 20.9%
Debt €6,346 ▲ 19.1%
Debt's share of the balance-sheet total rises from 52.3% to 62.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.58▼
2024 · 1.88
Debt to equity
1.65▲
2024 · 1.10
ROE
-26.4%▼
2024 · -21.7%
ROA
-10.0%▲
2024 · -10.4%
Debt ≤ 1 year
€6,346▲
2024 · €5,330
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,148 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
5.8% stopped otherwise
92% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 8.1% 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 497,662 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% 1.7%
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 75% 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 2,148 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 · 2025 against 2024 · 23 lines
Balance sheet Code20242025
Assets
Total assets20/58€10,195€10,195=
Fixed assets21/28€195€195=
Financial fixed assets28€195€195=
Current assets29/58€10,000€10,000=
Amounts receivable within one year40/41€10,000€10,000=
Other amounts receivable41€10,000€10,000=
Equity and liabilities
Total equity and liabilities10/49€10,195€10,195=
Equity10/15€4,865€3,849▼
Contributions10/11€10,000€10,000=
Capital10€10,000€10,000=
Issued capital100€10,000€10,000=
Profit (loss) carried forward14-€5,135-€6,151▼
Amounts payable17/49€5,330€6,346▲
Amounts payable within one year42/48€5,330€6,346▲
Other amounts payable47/48€5,330€6,346▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€1,057€1,016▼
Gross operating margin9900-€1,057-€1,016▲
Operating profit (loss)9901-€1,057-€1,016▲
Profit (loss) for the period before taxes9903-€1,057-€1,016▲
Profit (loss) for the period9904-€1,057-€1,016▲
Profit (loss) for the period to be appropriated9905-€1,057-€1,016▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,135-€6,151▼
Profit (loss) brought forward from the previous period14P-€4,078-€5,135▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Goods, raw materials, services and sundry goods60/61€1,057€1,016▼ 3.9%
Gross operating margin9900-€1,057-€1,016▲ 3.9%
Operating profit (loss)9901-€1,057-€1,016▲ 3.9%
Profit (loss) for the period before taxes9903-€1,057-€1,016▲ 3.9%
Profit (loss) for the period9904-€1,057-€1,016▲ 3.9%
Profit (loss) for the period to be appropriated9905-€1,057-€1,016▲ 3.9%
Line20242025Change
Assets
Total assets20/58€10,195€10,195=
Fixed assets21/28€195€195=
Financial fixed assets28€195€195=
Current assets29/58€10,000€10,000=
Amounts receivable within one year40/41€10,000€10,000=
Other amounts receivable41€10,000€10,000=
Equity and liabilities
Total equity and liabilities10/49€10,195€10,195=
Equity10/15€4,865€3,849▼ 20.9%
Contributions10/11€10,000€10,000=
Capital10€10,000€10,000=
Issued capital100€10,000€10,000=
Profit (loss) carried forward14-€5,135-€6,151▼ 19.8%
Amounts payable17/49€5,330€6,346▲ 19.1%
Amounts payable within one year42/48€5,330€6,346▲ 19.1%
Other amounts payable47/48€5,330€6,346▲ 19.1%
Line20242025Change
Profit (loss) for the period9904-€1,057-€1,016▲ 3.9%
Operating cash flow (approximation)-€1,057-€1,016▲ 3.9%
Investment in fixed assets (approximation)-€0-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
11-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 103 days late
2024
19-04
KBO administration UBO non-compliance
event 08-04-2024
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Brussel
exact location from the address register On OpenStreetMap
Ground area
1,574 m²
Building footprint
1,579 m²
Volume, LiDAR
46,471 m³
Parcel 21807G0135/00T003, Brussels · tallest building 46.6 m, ±13 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0135/00T003 Brussels 1,574 m² 1 · 1,579 m² 46.6 m · 13 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded09-12-2022
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

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