TNH SERVICES

Active

Private limited companyfounded 20215 yrs activeOLV van Lourdeslaan 93, 1090 Jette, BelgiumKBO/BCE: BE 0771.446.344

The computed 12-month bankruptcy probability of TNH SERVICES is 4.9% (elevated). The 2025 annual accounts show equity of €44k and a net result of €11k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 4472 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

56 / 100

Fair▲ +8 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+40

Solvency19▼-17

Growth78=

Stability94

Bankruptcy probability, 12 months

4.9% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity short (current ratio 0.87 against 0.95 in 2023), and 83.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

16.7%

Return on assets

Age of the figures

8 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filings

Deviation from the deadline

2025

31 d late

2023

105 d late

2022

202 d late

2021

21 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

14-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€44k▲ 50.2%

2023 · €29k

2021: €10k 2022: €26k 2023: €29k

2021 → 2025

Total assets

€263k▲ 124%

2023 · €118k

2021: €10k 2022: €179k 2023: €118k

2021 → 2025

Net result

€11k▲ 199%

2023 · €4k

2021: €-5k 2022: €16k 2023: €4k

2021 → 2025

Working capital

€-28k▼ 563%

2023 · €-4k

2021: €3k 2022: €2k 2023: €-4k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232025Trend

Equity€10k-€26k▲ 158%€29k▲ 13.7%€44k▲ 50.2%

Operating result€-5k-€19k€5k▼ 75.6%€14k▲ 205%

Net result€-5k-€16k€4k▼ 77.7%€11k▲ 199%

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

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 205% above 2023.

Balance-sheet composition

2025 in colour, 2023 as the grey bar beneath

Assets €263k

27.2%

72.8%

Fixed assets €72k▲ 114%

Current assets €192k▲ 127%

Equity and liabilities €263k

16.7%

83.3%

Equity €44k▲ 50.2%

Debt €219k▲ 148%

The debt ratio rises from 75.1% to 83.3%: debt grows faster than equity.

Key figures and ratios

2025 value · change against 2023

EBITDA

€43k▲

2023 · €14k

Cash flow

€39k▲

2023 · €13k

Solvency

16.7%▼

2023 · 24.9%

Current ratio

0.87▼

2023 · 0.95

Quick ratio

0.87▼

2023 · 0.95

Debt / equity

4.98▲

2023 · 3.02

ROE

23.9%▲

2023 · 12.0%

ROA

4.0%▲

2023 · 3.0%

Interest coverage

212.15▲

2023 · 86.71

Debt

€219k▲

2023 · €89k

Debt ≤ 1 year

€219k▲

2023 · €89k

Income taxes

€3k▲

2023 · €880

Staff costs

€17k▲

2023 · €4k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2023

Balance sheet Code20232025

Assets

Total assets20/58€118k€263k▲

Fixed assets21/28€33k€72k▲

Tangible fixed assets22/27€33k€72k▲

Furniture and vehicles24€33k€72k▲

Current assets29/58€84k€192k▲

Amounts receivable within one year40/41€35k€148k▲

Trade receivables40€33k€145k▲

Other amounts receivable41€2k€3k▲

Cash at bank and in hand54/58€49k€41k▼

Deferred charges and accrued income490/1€119€3k▲

Equity and liabilities

Total equity and liabilities10/49€118k€263k▲

Equity10/15€29k€44k▲

Contributions10/11€15k€15k=

Profit (loss) carried forward14€14k€29k▲

Amounts payable17/49€89k€219k▲

Amounts payable within one year42/48€89k€219k▲

Trade debts44€58k€193k▲

Suppliers440/4€58k€193k▲

Taxes, remuneration and social security45€13k€14k▲

Taxes450/3€4k€3k▼

Remuneration and social security454/9€10k€11k▲

Other amounts payable47/48€17k€13k▼

Income statement Code20232025

Remuneration, social security and pensions62€4k€17k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€29k▲

Other operating charges640/8€1k€8k▲

Gross operating margin9900€20k€68k▲

Operating profit (loss)9901€5k€14k▲

Financial charges65/66B€161€201▲

Recurring financial charges65€161€201▲

Profit (loss) for the period before taxes9903€4k€14k▲

Income taxes67/77€880€3k▲

Profit (loss) for the period9904€4k€11k▲

Profit (loss) for the period to be appropriated9905€4k€11k▲

Appropriation of the result

Profit (loss) to be appropriated9906€14k€29k▲

Profit (loss) brought forward from the previous period14P€11k€18k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2024

13-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 105 days late

18-02

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 202 days late

2022

31-12

Financial Back to profitnet €16k

Net result €16k after one loss-making year.

21-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 21 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-05-2025 Alhwiesh Khaled: Resigned as Director

01-04-2025 AlHwiesh wesam: Resigned as Director

01-02-2025 Rafik DAHAN: Resigned as Director

01-04-2024 Alhwiesh Adham: Resigned as Director

28-11-2022 NWEDER Talal: Resigned as Director

Location & real-estate footprint

Registered office, Jette · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

OLV van Lourdeslaan 931090 Jette

Ground area