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TMN TECHNOLOGY

Active
General partnershipfounded 20233 yrs activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 0800.696.495
Summary

TMN TECHNOLOGY has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26,133 and a net result of €69,735. Its solvency ranks better than 31% of 36380 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency54
Growth-
Track record79
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.31; short-term debt: 70.8% and cash: 2.4% of total assets), and 70.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
29.2%
Return on assets
78%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2025, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
32 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 32 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

TMN TECHNOLOGY was incorporated on 13 April 2023 as a General partnership.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Turnover
€105,645
EBIT margin
82.5%
Net result
€69,735
Working capital
€19,543

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

Balance-sheet composition
Assets €89,428
Fixed assets €6,590
Current assets €82,838
Equity and liabilities €89,428
Equity €26,133
Debt €63,295
Debt finances 70.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€87,488
Cash flow
€70,108
Current ratio
1.31
Debt to equity
2.42
ROE
266.8%
ROA
78.0%
Interest coverage
1495.52
Debt ≤ 1 year
€63,295
Income taxes
€17,322

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 38 lines
Balance sheet Code2024
Assets
Total assets20/58€89,428
Fixed assets21/28€6,590
Tangible fixed assets22/27€6,590
Plant, machinery and equipment23€526
Furniture and vehicles24€6,065
Current assets29/58€82,838
Amounts receivable within one year40/41€79,863
Trade receivables40€46,020
Other amounts receivable41€33,843
Cash at bank and in hand54/58€2,175
Deferred charges and accrued income490/1€800
Equity and liabilities
Total equity and liabilities10/49€89,428
Equity10/15€26,133
Contributions10/11€30
Profit (loss) carried forward14€26,103
Amounts payable17/49€63,295
Amounts payable within one year42/48€63,295
Trade debts44€2,875
Suppliers440/4€2,875
Taxes, remuneration and social security45€18,673
Taxes450/3€18,673
Other amounts payable47/48€41,747
Income statement Code2024
Turnover70€105,645
Goods, raw materials, services and sundry goods60/61€18,152
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€373
Other operating charges640/8€978
Gross operating margin9900€88,467
Operating profit (loss)9901€87,115
Financial charges65/66B€59
Recurring financial charges65€59
Profit (loss) for the period before taxes9903€87,057
Income taxes67/77€17,322
Profit (loss) for the period9904€69,735
Profit (loss) for the period to be appropriated9905€69,735
Appropriation of the result
Profit (loss) to be appropriated9906€67,111
Profit (loss) brought forward from the previous period14P-€2,624
Profit to be distributed694/7€41,008
Return on contributions (dividend)694€41,008

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

Line2024
Turnover70€105,645
Goods, raw materials, services and sundry goods60/61€18,152
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€373
Other operating charges640/8€978
Gross operating margin9900€88,467
Operating profit (loss)9901€87,115
Financial charges65/66B€59
Recurring financial charges65€59
Profit (loss) for the period before taxes9903€87,057
Income taxes67/77€17,322
Profit (loss) for the period9904€69,735
Profit (loss) for the period to be appropriated9905€69,735
Line2024
Assets
Total assets20/58€89,428
Fixed assets21/28€6,590
Tangible fixed assets22/27€6,590
Plant, machinery and equipment23€526
Furniture and vehicles24€6,065
Current assets29/58€82,838
Amounts receivable within one year40/41€79,863
Trade receivables40€46,020
Other amounts receivable41€33,843
Cash at bank and in hand54/58€2,175
Deferred charges and accrued income490/1€800
Equity and liabilities
Total equity and liabilities10/49€89,428
Equity10/15€26,133
Contributions10/11€30
Profit (loss) carried forward14€26,103
Amounts payable17/49€63,295
Amounts payable within one year42/48€63,295
Trade debts44€2,875
Suppliers440/4€2,875
Taxes, remuneration and social security45€18,673
Taxes450/3€18,673
Other amounts payable47/48€41,747
Line2024
Profit (loss) for the period9904€69,735
+ Depreciation and write-downs630€373
Operating cash flow (approximation)€70,108

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
01-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kraainem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
964 companies at this address See who is registered here
1 establishment unit
TMN TECHNOLOGY
Steenweg op Mechelen 455, 1950 KraainemInstallation of industrial machinery and equipment
since 20232.346.223.132
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,831 companies in sector 43211 we hold annual accounts for 10,335. 7,759 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formGeneral partnership
Founded13-04-2023
Fiscal year end31-12
Abbreviation NL TMN
Activities, NACEBEL 2025
43211General electrical installation work
33200Installation of industrial machinery and equipment
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800696495
Registered 06-04-2025

Register as of 27 September 2026 · Peppol Directory

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