Skip to content

TMS INDUSTRIAL SERVICES

Active
Public limited companyfounded 2004active for 22 yearsIndustriepark 45, 3300 Tienen, BelgiumKBO/BCE: BE 0865.585.339
Summary

TMS INDUSTRIAL SERVICES has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.1m and a net result of €407,468. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 28% of 190 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Repair and maintenance of fabricated metal products
NACE 33110Repair and maintenance of machinery NACE 33120
2nd largest employer in Flemish Brabant, Repair and installation of machinery sector5 sites
Size
€35.2mturnover 2025
Staff
261.1 FTE
Equity
€5.1m
Profit
€407,468
Financial health
79 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
Vytim · 100%
Holdings
2
Accounts 24 days early1 of 23 deeds read
Why 79raises riskLiquidity: current ratio 0.97, cash €374,121, halvedSector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskFounded in 2004Figures for financial year 2025 (filed 07-07-2026)Show the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (all companies)
Financial strength · tick = 2024
Weak
Solvency 53+5
equity 27.5% of total assets
Liquidity 17-6
short-term debt 66.7% · cash 2.0%
Profitability 48+19
return on assets 2.2%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4 companies, NACE 33, large)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025lowest value 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.6%▼ -0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026highest value 08-2026: 0.6%▼ -0.1 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €400,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.97, compared with 0.96 in 2024, below 1; short-term debt: 66.7% and cash: 2% of total assets), and 72.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (all companies): better than 42% on solvency, 12% on liquidity, 33% on profitability and 48% on growth.

The bankruptcy probability was computed on 21-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.97, cash €374,121, halved
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
lowers risk · Figures for financial year 2025 (filed 07-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
14 days early
2023
28 days early
2022
319 days late
2021
17 days early
2020
81 days late
2019
129 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 64 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €407,468
  3. Equity above €5mequity €5.1m ▲8.7%

Key points

  • Positive: Back in profit in 2025after -€254,210 in 2024 €407,468 View
  • Positive: 2nd largest employer in Flemish Brabant, Repair and installation of machinery sectorin the Checked rankings No. 2 View
  • Controlled by Vytimultimately: KERAX 100% View
  • Flemish supportawarded from 2022 to 2025 €93,907 View

By topic

Financials

Financial year
2025
Turnover
€35.2m
Profit
€407,468
Solvency
27.5%
Turnover▼ 3.0%
Net result
20182025
Go to Financials

Timeline

Events
26
Since
2006
Next accounts
by 31-07-2027
  1. 17-07-2025Annual accounts filed
  2. 03-07-2024Annual accounts filed
  3. 14-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
5
Legal form
Public limited company
Activity
Repair and maintenance of fabricated metal productsNACE 33110
Founded
28-05-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Annual meeting
Second Wednesday of June
Purpose
“Het verrichten van alle activiteiten inzake industrieel onderhoud,mechanisch…” (deed in Dutch)
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.