Active BE 1005.053.226Private limited company

Tu & M Spoor

Broekstraat 166 ·9220 Hamme (Vl.), Belgium· 2 yrs active

Sector: Bouw van boven- en ondergrondse spoorwegen (42120)

Conclusion Checked

The computed 12-month bankruptcy probability of Tu & M Spoor is 1.8% (moderate). The 2024 annual accounts show equity of €61k and a net result of €59k. Its solvency ranks better than 69% of 559 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€61k
Net result	€59k
Staff (FTE)	1.1
Better than sector	69%

Financial profile 4 of 5 axes measured · computed by Checked

89 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 93

Profitability 100

Solvency 97

Growth -

Stability 67

Bankruptcy probability (12 mo) Checked model v1 · free

1.8% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Young company

Founded in 2024, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 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 2024 · computed

93 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 22-10-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 42 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	58.1%	44.5%	better than 69% of 559 sector peers
Net result	€59k	€14k	better than 88% of 556 sector peers
Equity	€61k	€34k	better than 67% of 559 sector peers
Gross operating margin	€127k	€43k	better than 81% of 553 sector peers
Staff costs	€40k	€31k	higher than 55% of 266 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€85k
Net profit	€59k
Cash flow	€61k
Staff costs	€40k
Income taxes	€23k
Dividends	-
Total assets	€106k
Equity	€61k
Debt	€44k
of which ≤ 1y	€44k
of which > 1y	-
Working capital	€43k
Employees (FTE)	1.1

Ratios (computed)

	2024
Current ratio	1.96
Quick ratio	1.96
Working capital ratio	40.4%
Solvency	58.1%
Debt / equity	0.72
Long-term debt ratio	-
Interest coverage	52.48
Gross margin	-
Net margin	-
ROA	55.7%
ROE	95.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	31d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €19k · 17.7% Current assets €87k · 82.3%

Equity & liabilities

Equity €61k · 58.1% Debt €44k · 41.9%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€106k
Fixed assets	21/28	€19k
Tangible fixed assets	22/27	€19k
Current assets	29/58	€87k
Amounts receivable within one year	40/41	€6k
Cash & bank	54/58	€81k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€106k
Equity	10/15	€61k
Contributions / capital	10/11	€3k
Reserves	13	€59k
Amounts payable	17/49	€44k
Amounts payable within one year	42/48	€44k
Trade debts payable within one year	44	€18k
Income statement
Gross operating margin	9900	€127k
Operating result	9901	€83k
Financial income	75	€100
Financial charges	65	€2k
Result before taxes	9903	€82k
Income taxes	67/77	€23k
Net result for the period	9904	€59k
Result to be appropriated	9905	€59k

Ratios computed by Checked.

Directors & mandates 3 directors

Current directors & mandates

Hasanov Metin Zekeriev
Director
State Gazette act 25035270 (14-03-2025)

Current
14-03-2025 → present

Former directors (2)

Marinov Yuliyan Rumenov
Director
State Gazette act 24176225 (16-12-2024)

Former
16-12-2024 → 14-03-2025
2 events
- 14-03-2025 Resigned· Director
- 16-12-2024 Appointed· Director
Sevdalinov Sevdalin
Director
State Gazette act 24176225 (16-12-2024)

Former
- → 16-12-2024

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.

Legal Structure

NACE primary	Bouw van boven- en ondergrondse spoorwegen(42120)
Legal form	Private limited company(610)
Incorporation	23-01-2024
Status	Active
Postal code	9220

Establishment units 1 location

Tu & M Spoor

Hebbestraat 66, 9220 Hamme (Vl.)Bouw van boven- en ondergrondse spoorwegen

since 20242.354.991.437

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 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
42008A1712/00W000	Flanders	531 m²	1 · 334 m²	10.0 m · 1 fl.
42014B0572/00E002	Flanders	113 m²	1 · 66 m²	7.1 m · 2 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 4 events

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

2025

22-10-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

14-03-2025

State Gazette act Registered-office change

Notaris van de Ondernemingsrechtbank Gent, afdeling Dendermonde

2024

16-12-2024

State Gazette act Registered-office change

Ondernemingsrechtbank Gent, afdeling Dendermonde

25-01-2024

State Gazette act Minor change

oprichting · Yves De Vil

Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 3 acts

Address history · 2

14-03-2025

Registered-office move

16-12-2024

Registered-office move

All acts · 3 updated 1 year ago

2025

14-03-2025 Registered office moved within Hamme Registered-office change·Notaris van de Ondernemingsrechtbank Gent, afdeling Dendermonde

Hebbestraat 66, 9220 Hamme → Broekstraat 166, 9220 Hamme

Notary: Notaris van de Ondernemingsrechtbank Gent, afdeling Dendermonde · Gent

Original publication ↗

Technical details

{
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        "raw": "Broekstraat 166, 9220 Hamme",
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        "region": "vlaams_gewest",
        "street": "Broekstraat",
        "country": "BE",
        "postcode": "9220",
        "box_number": null,
        "street_number": "166",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Hebbestraat 66, 9220 Hamme",
        "city": "Hamme",
        "region": "vlaams_gewest",
        "street": "Hebbestraat",
        "country": "BE",
        "postcode": "9220",
        "box_number": null,
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      },
      "effective_date": "2025-02-03",
      "evidence_quote": "Het maatschappelijk zetel wordt verplaatst naar Broekstraat 166, 9220 Hamme.",
      "region_changed": false,
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      },
      "old_address": {
        "raw": "Hebbestraat 66, 9220 Hamme",
        "city": "Hamme",
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        "street": "Hebbestraat",
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        "postcode": "9220",
        "box_number": null,
        "street_number": "66",
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      },
      "effective_date": "2025-02-03",
      "evidence_quote": "Het maatschappelijk zetel wordt verplaatst naar Broekstraat 166, 9220 Hamme.",
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    },
    {
      "kind": "zetel_transfer",
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        "raw": "Broekstraat 166, 9220 Hamme",
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        "street": "Broekstraat",
        "country": "BE",
        "postcode": "9220",
        "box_number": null,
        "street_number": "166",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Hebbestraat 66, 9220 Hamme",
        "city": "Hamme",
        "region": "vlaams_gewest",
        "street": "Hebbestraat",
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        "postcode": "9220",
        "box_number": null,
        "street_number": "66",
        "locality_suffix": null
      },
      "effective_date": "2025-02-03",
      "evidence_quote": "Het maatschappelijk zetel wordt verplaatst naar Broekstraat 166, 9220 Hamme.",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
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      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "Notaris van de Ondernemingsrechtbank Gent, afdeling Dendermonde",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-03-14",
    "filing_date": "2025-03-06",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2025-02-03",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "1005.053.226",
    "name_full": "Tu \u0026 M Spoor",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Kopie van de akte",
    "Bijlagen bij het Belgisch Staatsblad"
  ]
}

2024

16-12-2024 Registered office moved from Hamme to Moerzeke Registered-office change·Ondernemingsrechtbank Gent, afdeling Dendermonde

Guillaumestraat 15A, 9220 Hamme → Hebbestraat 66, 9220 Moerzeke

Notary: Ondernemingsrechtbank Gent, afdeling Dendermonde · Gent

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Hebbestraat 66, 9220 Moerzeke",
        "city": "Moerzeke",
        "region": "vlaams_gewest",
        "street": "Hebbestraat",
        "country": "BE",
        "postcode": "9220",
        "box_number": null,
        "street_number": "66",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Guillaumestraat 15A, 9220 Hamme",
        "city": "Hamme",
        "region": "vlaams_gewest",
        "street": "Guillaumestraat",
        "country": "BE",
        "postcode": "9220",
        "box_number": null,
        "street_number": "15A",
        "locality_suffix": null
      },
      "effective_date": "2024-11-01",
      "evidence_quote": "Het maatschappelijk zetel wordt verplaatst naar Hebbestraat 66, 9220 Moerzeke.",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    },
    {
      "kind": "zetel_initial_set",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Guillaumestraat 15A, 9220 Hamme",
        "city": "Hamme",
        "region": "vlaams_gewest",
        "street": "Guillaumestraat",
        "country": "BE",
        "postcode": "9220",
        "box_number": null,
        "street_number": "15A",
        "locality_suffix": null
      },
      "old_address": null,
      "effective_date": "2024-11-01",
      "evidence_quote": "Volledig adres v.d. zetel: Guillaumestraat 15A, 9220 Hamme",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": false,
      "old_address_source": "inferred",
      "statute_clause_text": null,
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      "linguistic_region_changed": false,
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    },
    {
      "kind": "zetel_transfer",
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        "region": "vlaams_gewest",
        "street": "Hebbestraat",
        "country": "BE",
        "postcode": "9220",
        "box_number": null,
        "street_number": "66",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Guillaumestraat 15A, 9220 Hamme",
        "city": "Hamme",
        "region": "vlaams_gewest",
        "street": "Guillaumestraat",
        "country": "BE",
        "postcode": "9220",
        "box_number": null,
        "street_number": "15A",
        "locality_suffix": null
      },
      "effective_date": "2024-11-01",
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      "linguistic_region_changed": false,
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    },
    {
      "kind": "zetel_clause_amendment_no_move",
      "seat_type": "siege_social",
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        "raw": "Hebbestraat 66, 9220 Moerzeke",
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        "region": "vlaams_gewest",
        "street": "Hebbestraat",
        "country": "BE",
        "postcode": "9220",
        "box_number": null,
        "street_number": "66",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Guillaumestraat 15A, 9220 Hamme",
        "city": "Hamme",
        "region": "vlaams_gewest",
        "street": "Guillaumestraat",
        "country": "BE",
        "postcode": "9220",
        "box_number": null,
        "street_number": "15A",
        "locality_suffix": null
      },
      "effective_date": "2024-11-01",
      "evidence_quote": "Het maatschappelijk zetel wordt verplaatst naar Hebbestraat 66, 9220 Moerzeke.",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "Ondernemingsrechtbank Gent, afdeling Dendermonde",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-12-16",
    "filing_date": "2024-12-05",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2024-11-01",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "1005.053.226",
    "name_full": "Tu \u0026 M Spoor",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
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  },
  "co_filed_documents": [
    "Akte van de algemene vergadering",
    "Notari\u00EBle akte van benoeming en ontslag bestuurder",
    "Overdrachtsakte aandelen"
  ]
}

25-01-2024 Publication in the Belgian Official Gazette, Minor change Minor change·Yves De Vil

Summary: oprichtingNotary: Yves De Vil · Antwerpen

Original publication ↗

Technical details

{
  "notary": {
    "name": "Yves De Vil",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-01-25",
    "filing_date": "2024-01-23",
    "act_kind_objet": "OPRICHTING"
  },
  "decision": {
    "body": "raad_van_bestuur",
    "date": "2024-01-23",
    "unanimous": true
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  "agm_change": null,
  "detected_kind": "oprichting",
  "other_address": null,
  "mandate_renewal": {
    "period_end": null,
    "mandate_kind": "bestuurder",
    "period_start": null,
    "remuneration_eur": null,
    "remuneration_kind": null,
    "person_or_entity_kbo": null,
    "person_or_entity_name": "Sevdalin Arsov SEVDALINOV"
  },
  "subject_company": {
    "kbo": "1005.053.226",
    "name_full": "Tu \u0026 M Spoor",
    "legal_form": "BV"
  },
  "accounts_deposit": {
    "filing_kind": null,
    "fiscal_year_end": "2024-12-31",
    "filing_reference": null
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
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  },
  "co_filed_documents": [],
  "fiscal_year_change": {
    "new_end_mm_dd": "12-31",
    "old_end_mm_dd": null,
    "new_start_mm_dd": "01-01",
    "old_start_mm_dd": null,
    "first_full_new_year": 2025,
    "transition_period_end": "2024-12-31"
  },
  "liquidation_closure": null,
  "officer_designation": {
    "role": "bestuurder",
    "organ": "bestuursorgaan",
    "person_name": "Sevdalin Arsov SEVDALINOV"
  },
  "special_procuration": null,
  "is_volet_a_only_stub": false,
  "vakbekwaamheid_change": null,
  "should_reroute_to_category": null,
  "single_shareholder_declaration": {
    "art_csa": "art 2:8 \u00A74 WVV",
    "effective_date": "2024-01-23",
    "shareholder_kbo": null,
    "shareholder_name": "Sevdalin Arsov SEVDALINOV"
  }
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Bouw van boven- en ondergrondse spoorwegen42120Overige zakelijke dienstverlening, neg82990

Primary activity highlighted.

Names & trade names

Legal nameNL

Tu & M Spoor

Registered office

Broekstraat 166

9220 Hamme (Vl.), Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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