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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
T.M.R.D. from Merchtem, company number BE0443897338, closed financial year 2025 with a result of € -6,094 after tax. For that financial year T.M.R.D. recorded a gross margin of € -3,956 and equity of € -27,455. Compared with financial year 2024, the result moved from € -1,956 to € -6,094. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ -27,455
▼ € 6,094 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,094
▼ 212 % more loss than in 2024
Profit after tax over the fiscal year.
€ 680
▲ € 526 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -70,836.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 15
▼ € 4,215 vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2025
€ 16,101
▲ 52% vs 2024
Loans from banks and other lenders, long and short.
€ 400
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20
▼ € 4,900 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,147 | € 15,380 | € 5,378 | € -3,956 | ▼ € 9,334 |
| Profit after taxes | € -14,145 | € -26,595 | € -1,956 | € -6,094 | ▼ € 4,138 |
| Equity | € 7,190 | € -19,405 | € -21,361 | € -27,455 | ▼ € 6,094 |
| Total debts | € 24,837 | € 31,389 | € 21,741 | € 28,135 | ▲ 29% |
| Cash | € 15,252 | € 4,560 | € 154 | € 680 | ▲ € 526 |
| Retained profit | € -36,191 | € -62,786 | € -64,742 | € -70,836 | ▼ € 6,094 |
| Bank debt | € 1,770 | € 10,147 | € 10,609 | € 16,101 | ▲ 52% |
| Balance sheet total | € 32,027 | € 11,984 | € 380 | € 680 | ▲ 79% |
Key figures of T.M.R.D., 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 T.M.R.D.?
What happened at T.M.R.D. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,094. Source: NBB ↗
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,145 loss in 2022 to € 6,094 loss in 2025.
Paid € 170 in corporate taxes since 2022.
Management
Behind T.M.R.D. is MICHEL DOUCET.
Directors
According to the 2025 annual accounts
MICHEL DOUCET
Manager
Establishments
Establishment units
Physical locations of this company
Boesmeer 6
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.897.338
- VAT number
- BE 0443.897.338
- Registered office
- Boesmeer 6, 1785 Merchtem
- Names & denominations
- T.M.R.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 1991
- Peppol
- Not registered