Menuiserie Tim
ActiveThe computed 12-month bankruptcy probability of Menuiserie Tim is 2.8% (moderate). For Menuiserie Tim, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-30k) and a net result of €12k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 33678 sector peers (fiscal year 2023). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100=
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-149.6%
Return on assets
58.1%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline23-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-05-2025, 280 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
280 d late
2022
11 d late
2021
16 d late
2020
31 d late
2019
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€75k
EBIT margin
17.7%
Net result
€12k▼ 10.2%
2022 · €13k
2018: €-12k
2019: €-7k
2020: €-652
2021: €954
2022: €13k
2018 → 2023
Working capital
€-35k▲ 20.5%
2022 · €-44k
2018: €-58k
2019: €-77k
2020: €-71k
2021: €-57k
2022: €-44k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€75k
Equity€-55k-€-56k▼ 1.2%€-55k▲ 1.7%€-42k▲ 23.7%€-30k▲ 28.0%
Operating result€-5k-€1k€3k▲ 126%€15k▲ 422%€13k▼ 11.2%
Net result€-7k-€-652▲ 91.2%€954€13k▲ 1,269%€12k▼ 10.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 11% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €20k
Fixed assets
€5k▲ 130%
Current assets
€15k▲ 34.4%
Key figures and ratios
EBITDA
€17k▲
2022 · €16k
Cash flow
€15k▲
2022 · €14k
Solvency
-149.6%▲
2022 · -309.4%
Current ratio
0.31▲
2022 · 0.21
Quick ratio
0.31▲
2022 · 0.21
Debt / equity
-1.67▼
2022 · -1.32
ROA
58.1%▼
2022 · 96.3%
Interest coverage
9.71▲
2022 · 8.59
Debt
€50k▼
2022 · €56k
Debt ≤ 1 year
€50k▼
2022 · €56k
Staff costs
€6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€14k€20k▲
Fixed assets21/28€2k€5k▲
Tangible fixed assets22/27€2k€5k▲
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€404€924▲
Financial fixed assets28-€162
Current assets29/58€11k€15k▲
Amounts receivable within one year40/41€11k€7k▼
Trade receivables40€11k€7k▼
Other amounts receivable41€117-
Cash at bank and in hand54/58-€7k
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€14k€20k▲
Equity10/15€-42k€-30k▲
Contributions10/11€12k€12k=
Reserves13€950€950=
Non-distributable reserves130/1€950€950=
Reserves not available under the articles1311€950€950=
Profit (loss) carried forward14€-55k€-44k▲
Amounts payable17/49€56k€50k▼
Amounts payable within one year42/48€56k€50k▼
Financial debts43€9k-
Credit institutions430/8€9k-
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45-€12k
Taxes450/3-€9k
Remuneration and social security454/9-€4k
Other amounts payable47/48€47k€36k▼
Income statement
Code20222023
Turnover70-€75k
Goods, raw materials, services and sundry goods60/61-€51k
Remuneration, social security and pensions62-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8-€520
Operating charges capitalised as restructuring costs649€-30-
Gross operating margin9900€16k€24k▲
Operating profit (loss)9901€15k€13k▼
Financial income75/76B€0€224▲
Recurring financial income75€0€224▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€13k€12k▼
Profit (loss) for the period9904€13k€12k▼
Profit (loss) for the period to be appropriated9905€13k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-44k▲
Profit (loss) brought forward from the previous period14P€-68k€-55k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 280 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 11 days late
2022
31-12
Financial
Highest result since 2018net €13k ▲1269%
Operating result €15k, net result €13k, both a record.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
31-12
Financial
Back to profitnet €954
Net result €954 after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
21-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 3671050 ElseneGround area
508 m²
Building footprint
364 m²
Volume, LiDAR
4,388 m³
2 parcels, Brussels, Flanders · tallest building 34.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
NIAHAN
since 20232.354.274.627
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 m · 5 fl. |
| 23077C0343/00L003 | Flanders | 241 m² | 1 · 99 m² | 11.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 184 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-05-1995
Fiscal year end31-12
Legal name FR
Niahan
Activities, NACEBEL
43211General electrical installation work
43320Joinery installation
45421
42220Construction of utility projects for electricity and telecommunications
43410Roofing work
45220
47551Retail sale of household furniture
47591Retail trade
62100Computer programming
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.