Filings
12 annual accounts since 2014
Nine of the last ten came late. The 2023 accounts came latest: 295 days after the end of the period.
TMS ENGINEERING
Lifetime
12 annual accounts with figures on one time axispeak €16,299 (2020)
-€4,495▼ €18,968
lowest -€5,928 (2025)
-€5,928▼ €15,535
peak €46,328 (2024)
€40,400▼ 12.8%
€26,739▲ 23.8%
Board2 names since 2013
2 directors and 1 other
Documentsfilings and deeds
19-09-202650 days late
2025micro format
Gross margin from €14,472 to -€4,495Loss of €5,928Equity from €46,328 to €40,400Debts from €21,593 to €26,739Cash from €2,810 to €1,189
Key points
from the 2025 annual accountsPosition in the sector
-€5,928
Lower net result than 84% of companies in specialised construction. Sector median €9,998 · 37,193 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as TMS ENGINEERING has now. Each dot stands for 18 companies, two years later.
90.7%
were still trading
8.0%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,920 companies, not a prediction for TMS ENGINEERING. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0542506548
Changes of role: (director) and (director)
General meeting of 01-12-2023 · Gazette deed
Incorporation
published on 09-12-2013 · Gazette deed
First establishment
Kroonveldstraat 94, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TMS ENGINEERING Brussels | €67,138 | -€4,495 | 60.2% | - |
| ALCATECH Jette | €61,487 | -€4,861 | 86.3% | - |
| Elekmo Wingene | €65,948 | -€7,028 | 38.6% | - |
| ABNK Doe Het Zelf Heusden-Zolder | €73,937 | -€6,241 | 84.4% | - |
| ELEKTRO SCHOLZEN PGmbH Bullange | €68,768 | -€5,423 | 25.7% | - |
| RG TECHNICS Tongeren-Borgloon | €63,522 | -€2,803 | -90.6% | - |
| Digital Canopy Genappe | €60,071 | -€18,806 | 58.8% | - |
These companies have the same main activity as TMS ENGINEERING: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €60,100 and €73,900, founded between 2011 and 2014.
Official details
Source: KBO- Status
- Active since 27-11-2013Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.228.570.4461020 Brussels, since 27-11-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Insights on TMS ENGINEERING
TMS ENGINEERING files the micro format. That format states no turnover. The gross margin fell from €642 in 2014 to -€4,495 in 2025.
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 TMS ENGINEERING
- What is the company number of TMS ENGINEERING?
- The company number of TMS ENGINEERING is 0542.506.548. The VAT number is the same number with BE in front: BE 0542.506.548.
- Where is TMS ENGINEERING based?
- The registered office is at Kroonveldstraat 94, 1020 Brussels.Company details
- What does TMS ENGINEERING do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of TMS ENGINEERING?
- TMS ENGINEERING is a private limited company (BV).
- When was TMS ENGINEERING founded?
- TMS ENGINEERING was founded on 27-11-2013.
- Is TMS ENGINEERING still active?
- Yes, TMS ENGINEERING is an active enterprise in the KBO register.
- What is the turnover of TMS ENGINEERING?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is TMS ENGINEERING profitable?
- In financial year 2025, TMS ENGINEERING made a loss of €5,928.
- Where can I find the annual accounts of TMS ENGINEERING?
- TMS ENGINEERING filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TMS ENGINEERING due?
- TMS ENGINEERING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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