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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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TCM from Heuvelland, company number BE0778792313, closed financial year 2025 with a result of € -5,774 after tax. For that financial year TCM recorded a gross margin of € 18,551 and equity of € 4,921. Compared with financial year 2024, the result moved from € 2,181 to € -5,774. The company made a loss. The buffer shrank hard: equity is 54 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2025.
€ 4,921
▼ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,774
▼ still € 2,181 profit in 2024
Profit after tax over the fiscal year.
€ 1,299
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 121.
People and assets in 2025
€ 18,670
▼ 30% vs 2024
Of which on lease € 16,835.
Debts at end 2025
€ 19,762
▼ 28% vs 2024
€ 5,620 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 20,245
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,070
▲ 115% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 16,595 | € 21,263 | € 18,551 | ▼ 13% |
| Profit after taxes | € 3,714 | € 2,181 | € -5,774 | ▼ € 7,955 |
| Equity | € 8,514 | € 10,695 | € 4,921 | ▼ 54% |
| Total debts | € 71,983 | € 46,614 | € 47,089 | ▲ 1% |
| Cash | € 23,539 | € 2,847 | € 1,299 | ▼ 54% |
| Retained profit | € 3,714 | € 5,895 | € 121 | ▼ 98% |
| Bank debt | € 19,665 | € 27,590 | € 19,762 | ▼ 28% |
| Balance sheet total | € 80,497 | € 57,309 | € 52,009 | ▼ 9% |
Key figures of TCM, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to TCM?
What happened at TCM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,774 (▼ € 7,955 vs 2024). Source: NBB ↗
- New establishment in Heuvelland. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,714 profit in 2023 to € 5,774 loss in 2025.
Paid € 5,714 in corporate taxes since 2023.
Best year ever: 2023, with € 3,714 profit.
Management
Behind TCM are Lieve Vercaemer and Michaël Simon Meert.
Directors
According to the 2025 annual accounts
Lieve Vercaemer
Director
Michaël Simon Meert
Director
Establishments
Establishment units
Physical locations of this company
Ploegsteertstraat(Nieuwk) 8
8950 Heuvelland
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.792.313
- VAT number
- BE 0778.792.313
- Registered office
- Ploegsteertstraat(Nieuwk) 8, 8950 Heuvelland
- Names & denominations
- TCM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2021
- Peppol
- Active · Active since 28 Feb 2025
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