Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
TGMA from Schelle, company number BE0472474924, closed financial year 2025 with a result of € -4,534 after tax. For that financial year TGMA recorded a gross margin of € 217,992 and equity of € 457,528. Compared with financial year 2024, the result moved from € -2,281 to € -4,534. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 457,528
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,534
▼ 99 % more loss than in 2024
Profit after tax over the fiscal year.
€ 194,188
▲ 276% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 292,528.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 475,150
▲ 169% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,218
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,339
▲ 121% 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 | € 138,645 | € 135,607 | € 133,046 | € 217,992 | ▲ 64% |
| Profit after taxes | € 21,152 | € 1,570 | € -2,281 | € -4,534 | ▼ € 2,253 |
| Equity | € 462,772 | € 464,342 | € 462,061 | € 457,528 | ▼ 1% |
| Total debts | € 113,141 | € 61,994 | € 29,638 | € 518,308 | ▲ € 488,670 |
| Cash | € 70,632 | € 23,129 | € 51,697 | € 194,188 | ▲ 276% |
| Retained profit | € 297,772 | € 299,342 | € 297,061 | € 292,528 | ▼ 2% |
| Balance sheet total | € 575,913 | € 526,336 | € 491,699 | € 975,836 | ▲ 98% |
Key figures of TGMA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to TGMA?
What happened at TGMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,534. Source: NBB ↗
- New establishment in Schelle. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,152 profit in 2022 to € 4,534 loss in 2025.
Paid € 9,783 in corporate taxes since 2022.
Best year ever: 2022, with € 21,152 profit.
Management
Behind TGMA are Luc Moortgat and Gladiolus Europe. Luc Moortgat is also behind POUKIE, VERMETAL, MCR, 1M and 1M_2.
Establishments
Establishment units
Physical locations of this company
Brandekensweg 56
2627 Schelle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.474.924
- VAT number
- BE 0472.474.924
- Registered office
- Brandekensweg 56, 2627 Schelle
- Names & denominations
- TGMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 2000
- Peppol
- Active · Active since 31 Jul 2025
- Activities · NACE
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Verhuur van auto's
Terugwinning van materialen uit afval
Verhuur en lease van vrachtwagens
Recycling van metaalafval
Verhuur van overige transportmiddelen voor vervoer te land
Terugwinning van metaalafval