TMH SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of TMH SERVICES is 7.2% (elevated). For TMH SERVICES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €13,721 and a net result of €8,102. Equity is growing by ~33.2% per year across the filed fiscal years. Its solvency ranks better than 46% of 24624 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability89▲+35
Solvency52▲+16
Growth78▲+46
Track record92
Bankruptcy probability, 12 months
7.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk
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 dateAge against the risk zone
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 2023Solvency, return and age of the figures
Solvency
26.9%
Return on assets
15.9%
Age of the figures
33 mo
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 15-02-2025, 199 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
199 d late
2022
56 d late
2021
9 d early
2020
26 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 55 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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 publicationsPublications
Address struck
History
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Financials · fiscal year 2023, micro schema
Turnover
€112,617
EBIT margin
-3.2%
Net result
€8,102
2022 · -€3,611
Working capital
-€12,216▲ 65.6%
2022 · -€35,478
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Turnover€112,617
Operating result-€1,300-€3,617-€3,559€8,210
Net result-€1,358within the sector's middle half-€3,586within the sector's middle half-€3,611within the sector's middle half€8,102within the sector's middle half
EBIT margin-3.2%
Equity€5,642within the sector's middle half-€9,229within the sector's middle half▲ 63.6%€5,618within the sector's middle half▼ 39.1%€13,721within the sector's middle half▲ 144%
Total assets€38,750below the sector's middle half-€23,584below the sector's middle half▼ 39.1%€49,626below the sector's middle half▲ 110%€50,997below the sector's middle half▲ 2.8%
Debt€33,108-€14,355▼ 56.6%€44,008▲ 207%€37,277▼ 15.3%
Working capital-€11,450below the sector's middle half--€3,975within the sector's middle half▲ 65.3%-€35,478below the sector's middle half▼ 792%-€12,216below the sector's middle half▲ 65.6%
Solvency14.6%within the sector's middle half-39.1%within the sector's middle half▲ 24.6pp11.3%within the sector's middle half▼ 27.8pp26.9%within the sector's middle half▲ 15.6pp
Current ratio0.65below the sector's middle half-0.72below the sector's middle half▲ 0.070.19below the sector's middle half▼ 0.530.67below the sector's middle half▲ 0.48
Return on assets (ROA)-3.5%below the sector's middle half-15.2%above the sector's middle half▲ 18.7pp-7.3%below the sector's middle half▼ 22.5pp15.9%above the sector's middle half▲ 23.2pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 2023: €8,210 after a loss of €3,559 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €50,997
Fixed assets
€25,936 ▼ 36.9%
Current assets
€25,061 ▲ 194%
Equity and liabilities €50,997
Equity
€13,721 ▲ 144%
Debt
€37,277 ▼ 15.3%
Debt's share of the balance-sheet total falls from 88.7% to 73.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23,370▲
2022 · €6,548
Cash flow
€23,262▲
2022 · €6,497
Debt to equity
2.72▼
2022 · 7.83
ROE
59.1%▲
2022 · -64.3%
Interest coverage
217.71▲
2022 · 128.20
Debt ≤ 1 year
€37,277▼
2022 · €44,008
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | €112,617 | - | - |
| Non-recurring operating income76A | - | €9,500 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €102,822 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €486 | €3,924 | €10,108 | €15,160 | ▲ 50.0% |
| Other operating charges640/8 | - | €2,394 | €3,423 | €3,792 | ▲ 10.8% |
| Non-recurring operating charges66A | - | €7,302 | - | - | - |
| Gross operating margin9900 | €4,231 | €17,237 | €9,972 | €27,161 | ▲ 172% |
| Operating profit (loss)9901 | -€1,300 | €3,617 | -€3,559 | €8,210 | ▲ 331% |
| Recurring financial income75 | €0 | - | - | - | - |
| Financial charges65/66B | - | €31 | €51 | €107 | ▲ 110% |
| Recurring financial charges65 | €58 | €31 | €51 | €107 | ▲ 110% |
| Profit (loss) for the period before taxes9903 | -€1,358 | €3,586 | -€3,611 | €8,102 | ▲ 324% |
| Profit (loss) for the period9904 | -€1,358 | €3,586 | -€3,611 | €8,102 | ▲ 324% |
| Profit (loss) for the period to be appropriated9905 | -€1,358 | €3,586 | -€3,611 | €8,102 | ▲ 324% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €38,750 | €23,584 | €49,626 | €50,997 | ▲ 2.8% |
| Fixed assets21/28 | €17,092 | €13,204 | €41,096 | €25,936 | ▼ 36.9% |
| Tangible fixed assets22/27 | €17,014 | €13,126 | €41,018 | €25,858 | ▼ 37.0% |
| Furniture and vehicles24 | - | €13,126 | €41,018 | €25,858 | ▼ 37.0% |
| Financial fixed assets28 | €78 | €78 | €78 | €78 | = |
| Current assets29/58 | €21,658 | €10,380 | €8,530 | €25,061 | ▲ 194% |
| Stocks and contracts in progress3 | €16,144 | - | - | - | - |
| Amounts receivable within one year40/41 | €211 | €2,556 | €154 | €15,711 | ▲ 10,089% |
| Trade receivables40 | - | €2,556 | €154 | €15,711 | ▲ 10,089% |
| Cash at bank and in hand54/58 | €5,242 | €7,341 | €6,403 | €7,378 | ▲ 15.2% |
| Deferred charges and accrued income490/1 | - | €483 | €1,972 | €1,972 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €38,750 | €23,584 | €49,626 | €50,997 | ▲ 2.8% |
| Equity10/15 | €5,642 | €9,229 | €5,618 | €13,721 | ▲ 144% |
| Contributions10/11 | - | €7,000 | €7,000 | €7,000 | = |
| Profit (loss) carried forward14 | -€1,358 | €2,229 | -€1,382 | €6,721 | ▲ 586% |
| Amounts payable17/49 | €33,108 | €14,355 | €44,008 | €37,277 | ▼ 15.3% |
| Amounts payable within one year42/48 | €33,108 | €14,355 | €44,008 | €37,277 | ▼ 15.3% |
| Trade debts44 | €395 | €10,056 | €30,481 | €24,221 | ▼ 20.5% |
| Suppliers440/4 | - | €10,056 | €30,481 | €24,221 | ▼ 20.5% |
| Taxes, remuneration and social security45 | - | €1,185 | €13,526 | €7,865 | ▼ 41.9% |
| Taxes450/3 | - | €1,185 | €3,146 | €3,632 | ▲ 15.4% |
| Remuneration and social security454/9 | - | - | €10,380 | €4,233 | ▼ 59.2% |
| Other amounts payable47/48 | - | €3,115 | - | €5,191 | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,358 | €3,586 | -€3,611 | €8,102 | ▲ 324% |
| + Depreciation and write-downs630 | €486 | €3,924 | €10,108 | €15,160 | ▲ 50.0% |
| Operating cash flow (approximation) | -€872 | €7,510 | €6,497 | €23,262 | ▲ 258% |
| Investment in fixed assets (approximation) | - | -€36 | -€38,000 | €0 | ▲ 100% |
| Change in cash | - | €2,099 | -€938 | €975 | ▲ 204% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
05-05
KBO administration
Address struck
Imperiastraat 8 1930 L’adresse du siège Imperiastraat 8 1930 Die Sitzadresse Imperiastraat 8 1930
Zaventem werd doorgehaald met ingang van Zaventem · event 19-04-2026
2025
15-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 199 days late
2023
31-12
Financial
Back to profitnet €8,102
Net result €8,102 after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial
Weakest financial yearnet -€3,611
Net result drops to -€3,611, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3,586
Net result €3,586 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Zaventem · 1 establishment unit since 2019
Ground area
8,232 m²
Building footprint
1,980 m²
Volume, LiDAR
1,876 m³
2 parcels, Brussels, Flanders · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.
129
companies at this address
See who is registered here
1 establishment unit
TMH SERVICES
since 20192.304.315.667
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0041/00F000 | Flanders | 7,975 m² | 1 · 1,789 m² | - |
| 21523B0934/00B007 | Brussels | 257 m² | 1 · 191 m² | 16.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,664 companies in sector 47811 we hold annual accounts for 5,226. 2,359 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
Founded08-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
77110Renting and leasing of cars and light motor vehicles
Contact
E-mail
tmh-services@hotmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0737566224
Registered
31-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.