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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
TMSD GROUP from Namur, company number BE0682870892, closed financial year 2025 with a result of € -4,971 after tax. For that financial year TMSD GROUP recorded a gross margin of € -4,459 and equity of € 80,359. Compared with financial year 2024, the result moved from € 7,109 to € -4,971. 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 August 20, 2026.
€ 80,359
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,971
▼ still € 7,109 profit in 2024
Profit after tax over the fiscal year.
€ 1,431
▲ € 1,107 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2,712.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 442
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,658 | € -2,810 | € 9,226 | € -4,459 | ▼ € 13,685 |
| Profit after taxes | € -3,939 | € -3,458 | € 7,109 | € -4,971 | ▼ € 12,080 |
| Equity | € 81,679 | € 78,221 | € 85,330 | € 80,359 | ▼ 6% |
| Total debts | € 68,835 | € 72,862 | € 64,337 | € 71,132 | ▲ 11% |
| Cash | € 128 | € 697 | € 324 | € 1,431 | ▲ € 1,107 |
| Retained profit | € 4,033 | € 575 | € 7,683 | € 2,712 | ▼ 65% |
| Balance sheet total | € 150,514 | € 151,083 | € 149,667 | € 151,491 | ▲ 1% |
Key figures of TMSD GROUP, 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 TMSD GROUP?
What happened at TMSD GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,971 (▼ € 12,080 vs 2024). filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
- Thibault Machuraux became a director. NBB
- Simon de Fays became a director. NBB
In short
From € 3,939 loss in 2022 to € 4,971 loss in 2025.
Best year ever: 2024, with € 7,109 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TMSD GROUP are Thibault Machuraux and Simon de Fays. It owns 100% of ML Immo and 100% of Iris Namur itself.
Directors
According to the 2025 annual accounts
since 2017
since 2017
Establishments
Establishment units
Physical locations of this company
Rue du Curé Hiernaux(SS) 20
5002 Namur
Rue Godefroid 62 box 3
5000 Namur
Active since 12 October 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0682.870.892
- VAT number
- BE 0682.870.892
- Registered office
- Rue du Curé Hiernaux(SS) 20, 5002 Namur
- Names & denominations
- TMSD GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2017
- Peppol
- Not registered
- Activities · NACE
Activiteiten van holdings
Holdings