TMG Management

Active

Private limited companyfounded 20214 yrs activeRue Haute 21, 7063 Soignies, BelgiumKBO/BCE: BE 0775.409.585

Summary

The computed 12-month bankruptcy probability of TMG Management is 2.9% (moderate). The 2025 annual accounts show equity of €3k and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

50 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability76▲+18

Solvency29▲+8

Growth32=

Track record94

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

16 d early

2024

20 d early

2023

16 d early

2022

18 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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

24-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity

€3k

2024 · €-2k

2022: €5k 2023: €2k 2024: €-2k

2022 → 2025

Total assets

€93k▲ 50.4%

2024 · €62k

2022: €27k 2023: €76k 2024: €62k

2022 → 2025

Net result

€6k

2024 · €-5k

2022: €11k 2023: €-2k 2024: €-5k

2022 → 2025

Working capital

€-21k▼ 38.3%

2024 · €-15k

2022: €390 2023: €-11k 2024: €-15k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€5k-€2k▼ 49.5%€-2k€3k

Operating result€16k-€-490€-3k▼ 490%€10k

Net result€11k-€-2k€-5k▼ 103%€6k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €10k after a loss of €3k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €93k

87.7%

12.3%

Fixed assets €82k ▲ 59.5%

Current assets €12k ▲ 7.1%

Equity and liabilities €93k

96.3%

Equity €3k

Debt €90k

Debt finances 96.3% of the balance-sheet total.

Key figures and ratios

2025 value · change against 2024

EBITDA

€27k▲

2024 · €11k

Cash flow

€23k▲

2024 · €9k

Current ratio

0.35▼

2024 · 0.41

Debt to equity

25.70▲

2024 · -28.18

ROE

165.3%

ROA

6.2%▲

2024 · -7.4%

Interest coverage

15.55▲

2024 · 5.87

Debt ≤ 1 year

€33k▲

2024 · €26k

Debt > 1 year

€57k▲

2024 · €38k

Income taxes

€3k▲

2024 · €-116

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines

Balance sheet Code20242025

Assets

Total assets20/58€62k€93k▲

Fixed assets21/28€51k€82k▲

Tangible fixed assets22/27€51k€82k▲

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€49k€80k▲

Current assets29/58€11k€12k▲

Amounts receivable within one year40/41-€300

Other amounts receivable41-€300

Cash at bank and in hand54/58€9k€8k▼

Deferred charges and accrued income490/1€2k€3k▲

Equity and liabilities

Total equity and liabilities10/49€62k€93k▲

Equity10/15€-2k€3k▲

Contributions10/11€3k€3k=

Profit (loss) carried forward14€-5k€491▲

Amounts payable17/49€64k€90k▲

Amounts payable after more than one year17€38k€57k▲

Financial debts170/4€38k€57k▲

Amounts payable within one year42/48€26k€33k▲

Current portion of amounts payable after more than one year42€13k€21k▲

Trade debts44€639€2k▲

Suppliers440/4€639€2k▲

Taxes, remuneration and social security45€9k€2k▼

Taxes450/3€6k€2k▼

Remuneration and social security454/9€3k-

Other amounts payable47/48€4k€8k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲

Other operating charges640/8€863€3k▲

Gross operating margin9900€11k€30k▲

Operating profit (loss)9901€-3k€10k▲

Financial income75/76B-€0

Recurring financial income75-€0

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€-5k€8k▲

Income taxes67/77€-116€3k▲

Profit (loss) for the period9904€-5k€6k▲

Profit (loss) for the period to be appropriated9905€-5k€6k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-5k€491▲

Profit (loss) brought forward from the previous period14P€-705€-5k▼

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

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

15-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Back to profitnet €6k

Net result €6k after 2 loss-making years.

11-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-5k

Net result drops to €-5k, the lowest in the series; recovery starts the following year.

15-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

13-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Soignies · 1 establishment unit since 2021

establishment The establishment unit on the map

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 Haute 217063 Soignies

Ground area

3,768 m²

Building footprint

170 m²

Volume, LiDAR

954 m³

Parcel 53017D0741/00F000, Wallonia · tallest building 15.5 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

TMG Management

Rue Haute 21, 7063 SoigniesRisk and damage evaluation

since 20212.323.563.140

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
53017D0741/00F000	Wallonia	3,768 m²	1 · 170 m²	15.5 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.

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded06-10-2021

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

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