Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
TECHNICAL MAINTENANCE SERVICE from Ternat, company number BE0407117809, closed financial year 2025 with a result of € 566,763 after tax. For that financial year TECHNICAL MAINTENANCE SERVICE recorded revenue of € 11.7 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 710,715 to € 566,763. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 1.9 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 566,763
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 222,026
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
88 % of the profit went to the shareholders, mostly to TMS Group (100 % of the shares). That is where the money ends up.
People and assets in 2025
43.4
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▲ 2% vs 2024
€ 70,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 120,959
▼ 38% vs 2024
Of which on lease € 8,486.
Debts at end 2025
€ 355,331
▼ 25% vs 2024
€ 108,961 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.2 million
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 362,328
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,324,590 | € 11,270,905 | € 11,803,719 | € 11,719,670 | ▼ 1% |
| Profit after taxes | € 277,264 | € 733,388 | € 710,715 | € 566,763 | ▼ 20% |
| Equity | € 1,373,308 | € 1,606,696 | € 1,817,411 | € 1,884,174 | ▲ 4% |
| Total debts | € 3,557,944 | € 3,000,512 | € 3,040,841 | € 3,199,683 | ▲ 5% |
| Cash | € 314,561 | € 304,322 | € 748,255 | € 222,026 | ▼ 70% |
| Retained profit | € 1,123,308 | € 1,356,696 | € 1,567,411 | € 1,634,174 | ▲ 4% |
| Dividend | € 400,000 | € 500,000 | € 500,000 | € 500,000 | |
| Bank debt | € 1,338,541 | € 715,821 | € 476,476 | € 355,331 | ▼ 25% |
| Balance sheet total | € 4,931,252 | € 4,607,208 | € 4,858,252 | € 5,083,857 | ▲ 5% |
| Employees (FTE) | 43.5 | 40.5 | 43.1 | 43.4 | ▲ 0.3 |
Key figures of TECHNICAL MAINTENANCE SERVICE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TECHNICAL MAINTENANCE SERVICE?
What happened at TECHNICAL MAINTENANCE SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TMS Group stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 566,763 (▼ 20% vs 2024). Source: NBB ↗
- TMS Group became a director. NBB
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 277,264 profit in 2022 to € 566,763 profit in 2025.
Paid € 926,785 in corporate taxes since 2022.
Best year ever: 2023, with € 733,388 profit.
Paid out € 1.9 million in dividends to the owners in total.
Management
The stake of TMS Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TECHNICAL MAINTENANCE SERVICEThe shares are held by TMS Group (100%).
Establishments
Establishment units
Physical locations of this company
Preflexbaan 167
1740 Ternat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Website info
Features
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Details
- Company number
- 0407.117.809
- VAT number
- BE 0407.117.809
- Registered office
- Preflexbaan 167, 1740 Ternat
- Names & denominations
- TECHNICAL MAINTENANCE SERVICE · T.M.S
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 1970
- Peppol
- Active · Active since 4 Nov 2025
- Contact
- tmsbelgium.be
- Activities · NACE
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