Financials
- Financial year
- 2025
- Total assets
- €60,250
- Profit
- €103,008
- Solvency
- 51.6%
Total assets▼ 77.6%
Net result
20222025
TMG PROJECTS
ActiveSummary
TMG PROJECTS has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,081 and a net result of €103,008. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 56% of 1,679 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Repair and maintenance of machinery
NACE 33120
1 site
Size
€60,250total assets 2025
- Equity
- €31,081
- Profit
- €103,008
Turnover not published (micro format)
Structure
Accounts 63 days early0 of 1 deed read
Why 88raises riskFounded in 2021lowers riskLiquidity: current ratio 2.17, cash €27,105Equity €31,081 (51.6% of total assets)Figures for financial year 2025 (filed 29-05-2026)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (NACE 33, micro)
Financial strength · tick = 2024
Strong
Solvency
77-23
equity 51.6% of total assets
Liquidity
86+32
short-term debt 31.8% · cash 45.0%
Profitability
100+2
return on assets 171.0%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.2%● unchanged vs 11-2024
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.3%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 1.2%▼ -0.1 percentage points vs 04-2025
06-2025: 0.9%▼ -0.3 percentage points vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 0.9%● unchanged vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 1.0%▲ +0.1 percentage points vs 02-2026
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 0.3%▼ -0.8 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.17, compared with 6.11 in 2024, above the usual 1.5; short-term debt: 31.8% and cash: 45% of total assets), and 48.4% 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 33, micro): better than 58% on solvency, 84% on liquidity, 90% on profitability and 4% 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
Five signals.
lowers riskraises riskneutral
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 29-05-2026, 63 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
63 days early
2024
107 days early
2023
71 days early
2022
116 days 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 89 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · 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 4 May (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2022 to 2025net €103,008 ▲59.1%
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2023
- Next accounts
- by 31-07-2027
- 31-12-2024Equity above €200,000
- 21-05-2024Annual accounts filed
- 31-12-2023Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Repair and maintenance of machineryNACE 33120
- Founded
- 01-10-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about TMG PROJECTS
- What is the company number of TMG PROJECTS?
- 0774.936.859. In Belgium the VAT number is the company number with BE in front: BE 0774.936.859.
- Where is TMG PROJECTS based?
- The registered office is at Bampoelstraat 1, 8690 Alveringem.Company details
- What does TMG PROJECTS do?
- According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
- What is the legal form of TMG PROJECTS?
- Private limited company (BV).
- When was TMG PROJECTS founded?
- On 01-10-2021.
- Is TMG PROJECTS still active?
- Yes, TMG PROJECTS is an active enterprise in the KBO register.
- What is the turnover of TMG PROJECTS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is TMG PROJECTS profitable?
- In financial year 2025, TMG PROJECTS made a profit of €103,008.
- Where can I find the annual accounts of TMG PROJECTS?
- TMG PROJECTS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TMG PROJECTS due?
- By 31-07-2027, for financial year 2026.Timeline
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