ROELS TIM
ActiveSummary
ROELS TIM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€84,151) and a net result of -€122,739. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 1765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▼-61
Solvency0▼-47
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.14 in 2024; short-term debt: 170.8% and cash: 1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-206.5%
Return on assets
-301.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€84,151
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
60 d early
2024
36 d early
2023
57 d early
2022
55 d early
2021
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 48 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€84,151
2024 · €38,588
Total assets
€40,751▼ 76.6%
2024 · €174,133
Net result
-€122,739
2024 · €19,519
Working capital
-€67,888▼ 30.7%
2024 · -€51,957
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,872-€5,323▲ 9.2%€20,982▲ 294%€31,122▲ 48.3%€9,172▼ 70.5%
Net result€2,654within the sector's middle half-€2,785within the sector's middle half▲ 4.9%€11,130within the sector's middle half▲ 300%€19,519within the sector's middle half▲ 75.4%-€122,739below the sector's middle half
Equity€5,154below the sector's middle half-€7,939below the sector's middle half▲ 54.0%€19,069below the sector's middle half▲ 140%€38,588below the sector's middle half▲ 102%-€84,151below the sector's middle half
Total assets€51,083below the sector's middle half-€54,227below the sector's middle half▲ 6.2%€143,333below the sector's middle half▲ 164%€174,133below the sector's middle half▲ 21.5%€40,751below the sector's middle half▼ 76.6%
Debt€45,929-€46,288▲ 0.8%€124,264▲ 168%€135,546▲ 9.1%€124,902▼ 7.9%
Working capital-€12,932within the sector's middle half--€24,778within the sector's middle half▼ 91.6%-€45,295below the sector's middle half▼ 82.8%-€51,957below the sector's middle half▼ 14.7%-€67,888below the sector's middle half▼ 30.7%
Solvency10.1%within the sector's middle half-14.6%within the sector's middle half▲ 4.6pp13.3%below the sector's middle half▼ 1.3pp22.2%within the sector's middle half▲ 8.9pp-206.5%below the sector's middle half▼ 228.7pp
Current ratio0.45below the sector's middle half-0.27below the sector's middle half▼ 0.180.23below the sector's middle half▼ 0.040.14below the sector's middle half▼ 0.090.02below the sector's middle half▼ 0.11
Return on assets (ROA)5.2%within the sector's middle half-5.1%within the sector's middle half▼ 0.1pp7.8%within the sector's middle half▲ 2.6pp11.2%within the sector's middle half▲ 3.4pp-301.2%below the sector's middle half▼ 312.4pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,751
Fixed assets
€39,050 ▼ 76.4%
Current assets
€1,701 ▼ 79.7%
Key figures and ratios
EBITDA
€16,860▼
2024 · €35,563
Cash flow
-€115,051▼
2024 · €23,960
Debt to equity
-1.48▼
2024 · 3.51
Interest coverage
2.69▼
2024 · 6.51
Debt ≤ 1 year
€69,590▲
2024 · €60,338
Debt > 1 year
€55,312▼
2024 · €75,207
Income taxes
€648▼
2024 · €6,138
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,635 | €3,755 | €1,890 | €4,441 | €7,688 | ▲ 73.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €5,260 | - |
| Other operating charges640/8 | €5,552 | €2,222 | €820 | €1,360 | €1,888 | ▲ 38.9% |
| Non-recurring operating charges66A | - | - | - | - | €4,500 | - |
| Gross operating margin9900 | €13,060 | €11,300 | €23,691 | €36,923 | €28,508 | ▼ 22.8% |
| Operating profit (loss)9901 | €4,872 | €5,323 | €20,982 | €31,122 | €9,172 | ▼ 70.5% |
| Financial income75/76B | €0 | €0 | €36 | €0 | - | - |
| Recurring financial income75 | €0 | €0 | €36 | €0 | - | - |
| Financial charges65/66B | €1,321 | €1,238 | €4,661 | €5,465 | €131,262 | ▲ 2,302% |
| Recurring financial charges65 | €1,321 | €1,238 | €4,661 | €5,465 | €6,262 | ▲ 14.6% |
| Non-recurring financial charges66B | - | - | - | - | €125,000 | - |
| Profit (loss) for the period before taxes9903 | €3,552 | €4,085 | €16,357 | €25,657 | -€122,090 | ▼ 576% |
| Income taxes67/77 | €898 | €1,300 | €5,227 | €6,138 | €648 | ▼ 89.4% |
| Profit (loss) for the period9904 | €2,654 | €2,785 | €11,130 | €19,519 | -€122,739 | ▼ 729% |
| Profit (loss) for the period to be appropriated9905 | €2,654 | €2,785 | €11,130 | €19,519 | -€122,739 | ▼ 729% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,083 | €54,227 | €143,333 | €174,133 | €40,751 | ▼ 76.6% |
| Fixed assets21/28 | €40,661 | €45,179 | €130,053 | €165,752 | €39,050 | ▼ 76.4% |
| Tangible fixed assets22/27 | €9,411 | €13,929 | €6,053 | €40,752 | €39,050 | ▼ 4.2% |
| Plant, machinery and equipment23 | - | €3,018 | €0 | - | €5,779 | - |
| Furniture and vehicles24 | €9,411 | €10,911 | €6,053 | €4,163 | €2,273 | ▼ 45.4% |
| Leasing and similar rights25 | - | - | - | €36,589 | €30,997 | ▼ 15.3% |
| Financial fixed assets28 | €31,250 | €31,250 | €124,000 | €125,000 | €0 | ▼ 100% |
| Current assets29/58 | €10,422 | €9,048 | €13,279 | €8,381 | €1,701 | ▼ 79.7% |
| Amounts receivable within one year40/41 | €5,468 | €5,200 | €8,435 | €7,424 | €1,105 | ▼ 85.1% |
| Trade receivables40 | €5,166 | €4,898 | €8,288 | €7,424 | €0 | ▼ 100% |
| Other amounts receivable41 | €302 | €302 | €147 | €0 | €1,105 | - |
| Cash at bank and in hand54/58 | €4,236 | €2,840 | €3,734 | €719 | €408 | ▼ 43.3% |
| Deferred charges and accrued income490/1 | €718 | €1,008 | €1,110 | €238 | €189 | ▼ 20.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,083 | €54,227 | €143,333 | €174,133 | €40,751 | ▼ 76.6% |
| Equity10/15 | €5,154 | €7,939 | €19,069 | €38,588 | -€84,151 | ▼ 318% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €2,654 | €5,439 | €16,569 | €36,088 | €36,088 | = |
| Distributable reserves133 | €2,654 | €5,439 | €16,569 | €36,088 | €36,088 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€122,739 | - |
| Amounts payable17/49 | €45,929 | €46,288 | €124,264 | €135,546 | €124,902 | ▼ 7.9% |
| Amounts payable after more than one year17 | €21,269 | €12,462 | €65,689 | €75,207 | €55,312 | ▼ 26.5% |
| Financial debts170/4 | €21,269 | €12,462 | €65,689 | €75,207 | €55,312 | ▼ 26.5% |
| Amounts payable within one year42/48 | €23,354 | €33,826 | €58,574 | €60,338 | €69,590 | ▲ 15.3% |
| Current portion of amounts payable after more than one year42 | €8,632 | €8,806 | €16,479 | €23,481 | €19,131 | ▼ 18.5% |
| Trade debts44 | €1,084 | €560 | €5,296 | €5,744 | €17,170 | ▲ 199% |
| Suppliers440/4 | €1,084 | €560 | €5,296 | €5,744 | €17,170 | ▲ 199% |
| Taxes, remuneration and social security45 | €2,467 | €6,590 | €16,427 | €11,223 | €9,082 | ▼ 19.1% |
| Taxes450/3 | €2,467 | €6,590 | €8,627 | €8,273 | €9,082 | ▲ 9.8% |
| Remuneration and social security454/9 | - | - | €7,800 | €2,950 | €0 | ▼ 100% |
| Other amounts payable47/48 | €11,170 | €17,870 | €20,372 | €19,890 | €24,206 | ▲ 21.7% |
| Accrued charges and deferred income492/3 | €1,307 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,654 | €2,785 | €11,130 | €19,519 | -€122,739 | ▼ 729% |
| + Depreciation and write-downs630 | €2,635 | €3,755 | €1,890 | €4,441 | €7,688 | ▲ 73.1% |
| Operating cash flow (approximation) | €5,289 | €6,541 | €13,020 | €23,960 | -€115,051 | ▼ 580% |
| Investment in fixed assets (approximation) | - | -€8,273 | -€86,764 | -€40,140 | €119,014 | ▲ 396% |
| Change in cash | - | -€1,396 | €895 | -€3,015 | -€311 | ▲ 89.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€122,739
Net result drops to -€122,739, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2021net €19,519 ▲75.4%
Operating result €31,122, net result €19,519, both a record.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Zottegem · 1 establishment unit since 2020
Ground area
2,307 m²
Building footprint
179 m²
Volume, LiDAR
984 m³
Parcel 41068A0261/00K000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ROELS TIM
since 20202.305.667.135
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41068A0261/00K000 | Flanders | 2,307 m² | 1 · 179 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 owners · 1 holdingOwners 3
- Dominiek Roelsnatural personSourceown accounts 2025share not stated
- Renaldo Van Kerkhovenatural personSourceown accounts 2025share not stated
- Tim Roelsnatural personSourceown accounts 2025share not stated
Holdings 1
-
100%
According to the 2025 annual accounts of ROELS TIM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 75 EUR | 75 EUR |
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Of 641 companies in sector 01301 we hold annual accounts for 297. 145 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
01301Crop and animal production, hunting and related service activities
01610Support activities for crop production
02100Forestry and logging
43120Site preparation
46831Wholesale of construction materials, general range
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0751868873
Also
9925:BE0751868873
Registered
02-06-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.