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TMG PROJECTS

Active
Private limited company·Reparatie en onderhoud van machines· 4 yrs active
Bampoelstraat 1 ·8690 Alveringem, Belgium
KBO/BCE: BE 0774.936.859
Watch Print / PDF
Age4 yrs
Real estate1 parcel · 1.2 ha

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of TMG PROJECTS is 1.8% (moderate). The 2025 annual accounts show equity of €31k and a net result of €103k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 156 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 29-05-2026 63 d early 2026-00126521
31-12-2024 31-07-2025 15-04-2025 107 d early 2025-00071212
31-12-2023 31-07-2024 21-05-2024 71 d early 2024-00093152
31-12-2022 31-07-2023 06-04-2023 116 d early 2023-00055133

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.8% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

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

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€103k+59.1%
Working capital€22k-89.3%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 29-05-2026 with the NBB · fiscal year 2025 · micro
€0€50k€100kOperating result 2022: €89k€89kNet result 2022: €71k€71kOperating result 2023: €86k€86kNet result 2023: €69k€69kOperating result 2024: €76k€76kNet result 2024: €65k€65kOperating result 2025: €111k€111kNet result 2025: €103k€103k2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~39% of the level (threshold 35%). We therefore deliberately show no projection line.
€0€50k€100k€150k€200k2022: €73k2023: €142k2024: €207k2025: €31k2022202320242025
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 33 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 51.6% 41.2%
better than 59% of 156 sector peers
Net result €103k €20k
better than 95% of 157 sector peers
Equity €31k €42k
better than 40% of 156 sector peers
Gross operating margin €122k €43k
better than 85% of 157 sector peers
Total assets €60k €115k
better than 27% of 157 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P59
2022: P68 · n=3432023: P77 · n=5242024: P86 · n=6562025: P59 · n=1562022 2025
Stable position over 2022-2025 · n=156-656
Net result P95
2022: P92 · n=3422023: P92 · n=5232024: P91 · n=6572025: P95 · n=1572022 2025
Stable position over 2022-2025 · n=157-657
Equity P40
2022: P81 · n=3432023: P94 · n=5252024: P95 · n=6572025: P40 · n=1562022 2025
Weakening position over 2022-2025 · n=156-657
Gross operating margin P85
2022: P85 · n=3422023: P83 · n=5222024: P80 · n=6572025: P85 · n=1572022 2025
Stable position over 2022-2025 · n=157-657
Describes the position versus peers, not a forecast.
EBITDA
€121k
+42.9% 22-25
Net profit
€103k
+59.1% 22-25
Cash flow
€113k
+52.6% 22-25
Total assets
€60k
-77.6% 22-25
Equity
€31k
-85.0% 22-25
Working capital
€22k
-89.3% 22-25
Income taxes
€23k
+45.8% 22-25
Dividends
€279k
- 22-25
Debt
€29k
-53.1% 22-25
Debt ≤ 1y
€19k
-53.5% 22-25
Debt > 1y
€10k
-50.0% 22-25
Current ratio
2.17
-64.5% 22-25
Quick ratio
2.17
-64.5% 22-25
Solvency
51.6%
-32.9% 22-25
Debt / equity
0.94
+212.5% 22-25
ROE
331.4%
+959.7% 22-25
ROA
171.0%
+610.9% 22-25
Interest coverage
285.67
- 22-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue-
EBITDA€121k
Net profit€103k
Cash flow€113k
Staff costs-
Income taxes€23k
Dividends€279k
Total assets€60k
Equity€31k
Debt€29k
of which ≤ 1y€19k
of which > 1y€10k
Working capital€22k
Employees (FTE)-
Ratios (computed)
2025
Current ratio2.17
Quick ratio2.17
Working capital ratio37.3%
Solvency51.6%
Debt / equity0.94
Long-term debt ratio0.32
Interest coverage285.67
Gross margin-
Net margin-
ROA171.0%
ROE331.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€60k
Fixed assets 21/28€19k
Tangible fixed assets 22/27€19k
Current assets 29/58€42k
Amounts receivable within one year 40/41€14k
Investments 50/53€0
Cash & bank 54/58€27k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€60k
Equity 10/15€31k
Contributions / capital 10/11€3k
Reserves 13€29k
Accumulated profits (losses) 14€0
Amounts payable 17/49€29k
Amounts payable after one year 17€10k
Amounts payable within one year 42/48€19k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€122k
Operating result 9901€111k
Financial income 75€15k
Financial charges 65€424
Result before taxes 9903€126k
Income taxes 67/77€23k
Net result for the period 9904€103k
Result to be appropriated 9905€103k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
98 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Bampoelstraat 18690 Alveringem

Establishment units

1 location
Bampoelstraat 1, 8690 Alveringem
Reparatie en onderhoud van machines
since 20212.322.867.710
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1.2 ha
Buildings1
Building footprint125 m²
Volume (LiDAR)589 m³
Tallest building7.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38022A0803/00A000 Flanders 1.2 ha 1 · 125 m² 7.1 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health98Profitability100Solvency96Growth58Stability94
89 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 98
Profitability 100
Solvency 96
Growth 58
Stability 94

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 424 of the 3,704 companies in this sector. 373 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Reparatie van machines33120Reparatie en onderhoud van machines33120Installatie van industriële machines, toestellen en werktuigen33200Installatie van industriële machines, toestellen en werktuigen33200
Primary activity highlighted.
Names & trade names
Legal nameNL TMG PROJECTS
Registered office
Bampoelstraat 1
8690 Alveringem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.