Filings
7 annual accounts 1 late
The 2020 accounts came 23 days late. The other six were filed on time.
TMLH
Lifetime
7 annual accounts with figures on one time axispeak €32,655 (2021)
-€1,243▼ €7,891
lowest -€2,452 (2026)
-€2,452▼ €6,457
peak €48,234 (2025)
€45,782▼ 5.1%
€39,905▲ 1.7%
Board2 names since 2019
2 directorsKOCAK Hulya and 1 other
Documentsfilings and deeds
26-10-20265 days before the deadline
2026micro format
Gross margin from €6,648 to -€1,243Loss of €2,452Cash from €2,801 to €1,258
Key points
from the 2026 annual accountsStarting capital
€18,600 100 shares
Turnover not published (micro format)
Checked score
64
Healthy
Financially stronger than 36% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 1.4%● unchanged vs 06-2025
08-2025: 1.4%● unchanged vs 07-2025
09-2025: 1.3%▼ -0.1 percentage points vs 08-2025
10-2025: 1.5%▲ +0.2 percentage points vs 09-2025highest value
11-2025: 1.2%▼ -0.3 percentage points vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026lowest value
06-2026: 1.2%● unchanged vs 05-2026lowest value
07-2026: 1.3%▲ +0.1 percentage points vs 06-2026
08-2026: 1.3%● unchanged vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.2%▼ -0.1 percentage points vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Size: total assets €85,687
Founded in 2019
Sector: Retail trade (NACE 47)
Liquidity: current ratio 1.98, cash €1,258, halved
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 67% of them on solvency, 26% on liquidity, 20% on profitability and 31% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as TMLH has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TMLH itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for TMLH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.98 (2.05 in 2025), above the usual 1.5. Short-term debt is 46.6% and cash 1.5% of total assets. 46.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 26-10-2026, 5 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2026
5 days early
2025
3 days early
2024
2 days early
2023
on the day
2022
3 days early
2021
3 days early
2020
23 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 28 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- KOCAK Turgut 48 sharesdeed of 02-04-2019
- UYGUN Melek 51 sharesdeed of 02-04-2019
- KOCAK Hulya 1 sharedeed of 02-04-2019
Recent changes
First establishment
ID BRICO, Avenue Albert 1er 8, Huy
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: KOCAK Turgut (comparant fondateur), UYGUN Melek (comparante fondatrice) and KOCAK Hulya (comparante fondatrice) · Appointments: UYGUN Melek (manager) and KOCAK Hulya (manager) · published on 02-04-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TMLH Huy | - | - | 53.4% | - |
| CC & M Molenbeek-Saint-Jean | - | - | -98.5% | - |
| TRUST 21 Schaerbeek | €142,319 | -0.6% | -0.1% | - |
| ESSA Brecht | €119,153 | -32.7% | -51.4% | - |
| FAR CONSTRUCTS Zaventem | - | - | -58.9% | - |
| Creavit The Bathroom Leopoldsburg | - | - | -52.7% | - |
| DIRECT FACTORY Mouscron | - | - | -31.6% | - |
These companies have the same main activity as TMLH: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €58,000 and €172,000, founded between 2016 and 2021.
Official details
Source: KBO- Status
- Active since 29-03-2019Normal situation
- Activity
- Retail sale of hardware, building materials, paint and glass (general range)NACE 47521and 5 others
- Establishment unit
- 2.287.104.7014500 Huy, since 08-04-2019
- Financial year end
- 31 March
- Peppol
- Reachable
Annual accounts to 31-03-2026
- €85,687▼ 2.1%
- Filing
- Filed on 26-10-2026, 5 days before the end of the filing period
Insights on TMLH
TMLH files the micro format. That format states no turnover. The gross margin fell from €8,902 in 2020 to -€1,243 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TMLH
- What is the company number of TMLH?
- The company number of TMLH is 0723.836.170. The VAT number is the same number with BE in front: BE 0723.836.170.
- Where is TMLH based?
- The registered office is at Avenue Albert 1er 8, 4500 Huy.Company details
- What does TMLH do?
- According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
- What is the legal form of TMLH?
- TMLH is a private limited company (pre-2019) (BVBA).
- When was TMLH founded?
- TMLH was founded on 29-03-2019.
- Is TMLH still active?
- Yes, TMLH is an active enterprise in the KBO register.
- How many employees does TMLH have?
- TMLH had an average of 0.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of TMLH?
- The annual accounts for financial year 2026 state no turnover. The micro format does not require it.
- Is TMLH profitable?
- In financial year 2026, TMLH made a loss of €2,452.
- Where can I find the annual accounts of TMLH?
- TMLH filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of TMLH due?
- TMLH must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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