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Complete company report
Generated 12-08-2026
Active BE 0676.898.761Private limited company (pre-2019)Open bankruptcy

TMN Services

· 9 yrs active
Conclusion Checked

A bankruptcy procedure is open for TMN Services according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €439k and a net result of €271k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €439k
Net result €271k
Active 9 yrs
Board 1
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health24Profitability59Solvency99Growth85Stability0
53 / 100

Mixed profile: strong on solvency, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24
Profitability 59
Solvency 99
Growth 85
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2021 · computed
24 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 21-09-2022 with the NBB · fiscal year 2021 · volledig
€0€2.00M€4.00M€6.00MOperating result 2018: €277€277Net result 2018: €277€277Operating result 2019: €569€569Net result 2019: €846€846Revenue 2020: €4.65M€4.65MOperating result 2020: €197k€197kNet result 2020: €141k€141kRevenue 2021: €6.48M€6.48MOperating result 2021: €349k€349kNet result 2021: €271k€271k2018201920202021
RevenueOperating resultNet result
Revenue
€6.48M
+39.2% 18-21
EBITDA
€407k
+101.9% 18-21
Net profit
€271k
+91.7% 18-21
Cash flow
€328k
+125.4% 18-21
Total assets
€695k
-37.8% 18-21
Equity
€439k
+168.1% 18-21
Working capital
€293k
-47.5% 18-21
Staff costs
€33k
+92.3% 18-21
Income taxes
€78k
+51.5% 18-21
Debt
€256k
-73.1% 18-21
Debt ≤ 1y
€256k
-53.6% 18-21
Current ratio
2.14
+6.6% 18-21
Quick ratio
0.96
+47.3% 18-21
Solvency
63.1%
+331.0% 18-21
Debt / equity
0.58
-90.0% 18-21
ROE
61.8%
-28.5% 18-21
ROA
39.0%
+208.1% 18-21
Net margin
4.2%
+37.7% 18-21
EBITDA margin
6.3%
+45.1% 18-21
Interest coverage
50.35
- 18-21
Figures by fiscal year
Fiscal year2021
Depositvolledig
Revenue€6.48M
EBITDA€407k
Net profit€271k
Cash flow€328k
Staff costs€33k
Income taxes€78k
Dividends-
Total assets€695k
Equity€439k
Debt€256k
of which ≤ 1y€256k
of which > 1y-
Working capital€293k
Employees (FTE)-
Ratios (computed)
2021
Current ratio2.14
Quick ratio0.96
Working capital ratio42.1%
Solvency63.1%
Debt / equity0.58
Long-term debt ratio-
Interest coverage-
Gross margin6.8%
Net margin4.2%
ROA39.0%
ROE61.8%
EBITDA margin6.3%
Days sales outstanding12d
Days payable outstanding-
Inventory turnover19.96
Days inventory (DSI)18d
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€695k
Fixed assets 21/28€146k
Tangible fixed assets 22/27€146k
Current assets 29/58€549k
Stocks & contracts in progress 3€302k
Amounts receivable within one year 40/41€214k
Cash & bank 54/58€33k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€695k
Equity 10/15€439k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€418k
Amounts payable 17/49€256k
Amounts payable within one year 42/48€256k
Income statement
Turnover 70€6.48M
Gross operating margin 9900€442k
Operating result 9901€349k
Result before taxes 9903€349k
Income taxes 67/77€78k
Net result for the period 9904€271k
Result to be appropriated 9905€271k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Zain Serifi Mohamed
    Director
    State Gazette act 22107528 (08-09-2022)
    Current
    01-08-2022 → present
Former directors (1)
  • Lamalame, Mourad
    Director
    State Gazette act 22107528 (08-09-2022)
    Former
    - → 01-08-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates2 persons
Role Name Tenure Source
Curator JULIEN STOCKMAN
RUE DES CHAMPS, 58, 4020 LIEGE 2
 16-09-2024 → present Belgian State Gazette
Curator DIDIER GRIGNARD
RUE DES CHAMPS 58, 4020 LIEGE 2
 16-09-2024 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation16-06-2017
StatusActive
Postal code-
First BS signal 23-09-2024
Latest BS signal 23-09-2024
Establishment units 1 location
TMN Services
Jules Moretuslei 199, 2610 AntwerpenAlgemene bouw van residentiële gebouwen
since 20172.271.166.908
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
11462A0193/00X006 Flanders 346 m² 1 · 346 m² 12.1 m · 2 fl.
62063A0187/00_000 Wallonia 32 m² 1 · 31 m² 15.3 m · 5 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
23-09-2024
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · TMN SERVICES SPRL RUE GERAR- DRIE 15, 4000 LIEGE 1 · event 16-09-2024
2022
22-09-2022
NBB filing Annual accounts filed
fiscal year 2020 · volledig
21-09-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
08-09-2022
State Gazette act Capital & shares
2021
31-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
31-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
30-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
Lifecycle & Insolvency Signals 1 events
23-09-2024
Bankruptcy Opening
Date: 16-09-2024 · Tribunal de l’entreprise de Liège, division Liège · TMN SERVICES SPRL RUE GERAR- DRIE 15, 4000 LIEGE 1 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-09-23 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Capital history · 1
08-09-2022
Capital change
All acts · 1 updated 3 years ago
2022
08-09-2022 All shares are now held by a single shareholder Capital & shares
Technical details 
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  },
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  },
  "co_filed_documents": [],
  "shareholders_after": [
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      "kbo": null,
      "pct": 100.0,
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      "name": "Zain Serifi Mohamed",
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      "share_class": null
    },
    {
      "kbo": null,
      "pct": 0.0,
      "kind": "person",
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      "n_shares": 0,
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}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL TMN Services
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative