THIELS TIM
ActiveTHIELS TIM has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €813k and a net result of €73k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
81
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▲+14
Solvency85▲+4
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.14 in 2024), and 31.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.1%
Return on assets
6.1%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
42 d early
2023
15 d early
2022
7 d late
2021
11 d late
2020
13 d late
2019
89 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€813k▲ 9.9%
2024 · €740k
2018: €392k
2019: €458k
2020: €519k
2021: €591k
2022: €643k
2023: €695k
2024: €740k
2018 → 2025
Total assets
€1.19M▲ 9.1%
2024 · €1.09M
2018: €771k
2019: €819k
2020: €854k
2021: €923k
2022: €971k
2023: €1.03M
2024: €1.09M
2018 → 2025
Net result
€73k▲ 61.4%
2024 · €45k
2018: €58k
2019: €65k
2020: €61k
2021: €72k
2022: €51k
2023: €52k
2024: €45k
2018 → 2025
Working capital
€120k▲ 151%
2024 · €48k
2018: €-256k
2019: €-230k
2020: €-175k
2021: €-102k
2022: €-50k
2023: €2k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€591k-€643k▲ 8.7%€695k▲ 8.1%€740k▲ 6.5%€813k▲ 9.9%
Operating result€112k-€71k▼ 36.8%€90k▲ 28.0%€89k▼ 1.4%€125k▲ 39.8%
Net result€72k-€51k▼ 29.2%€52k▲ 2.2%€45k▼ 13.5%€73k▲ 61.4%
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 recovers in 2025; 2025 is 40% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.19M
Fixed assets
€695k=
Current assets
€499k▲ 25.0%
Equity and liabilities €1.19M
Equity
€813k▲ 9.9%
Debt
€381k▲ 7.5%
The debt ratio falls from 32.4% to 31.9%: equity grows faster than debt.
Key figures and ratios
Solvency
68.1%▲
2024 · 67.6%
Current ratio
1.32▲
2024 · 1.14
Quick ratio
1.32▲
2024 · 1.14
Debt / equity
0.47▼
2024 · 0.48
ROE
9.0%▲
2024 · 6.1%
ROA
6.1%▲
2024 · 4.1%
Debt
€381k▲
2024 · €355k
Debt ≤ 1 year
€379k▲
2024 · €352k
Income taxes
€27k▲
2024 · €17k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.09M€1.19M▲
Fixed assets21/28€695k€695k=
Financial fixed assets28€695k€695k=
Current assets29/58€400k€499k▲
Amounts receivable within one year40/41€321k€417k▲
Trade receivables40€840€11k▲
Other amounts receivable41€320k€406k▲
Cash at bank and in hand54/58€79k€83k▲
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.19M▲
Equity10/15€740k€813k▲
Contributions10/11€12k€12k=
Reserves13€728k€801k▲
Distributable reserves133€728k€801k▲
Amounts payable17/49€355k€381k▲
Amounts payable within one year42/48€352k€379k▲
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€0€810▲
Suppliers440/4€0€810▲
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€342k€352k▲
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€90k€126k▲
Operating profit (loss)9901€89k€125k▲
Financial income75/76B€40€0▼
Recurring financial income75€40€0▼
Financial charges65/66B€27k€24k▼
Recurring financial charges65€27k€24k▼
Profit (loss) for the period before taxes9903€62k€100k▲
Income taxes67/77€17k€27k▲
Profit (loss) for the period9904€45k€73k▲
Profit (loss) for the period to be appropriated9905€45k€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€73k▲
Transfer to equity691/2€45k€73k▲
To other reserves6921€45k€73k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
31-12
Financial
Highest result since 2018net €73k ▲61.4%
Operating result €125k, net result €73k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €45k ▼13.5%
Net result drops to €45k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2020
31-12
Financial
Equity above €500kEq €519k ▲13.4%
3 profitable years in a row build equity to €519k.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Genk · 1 establishment unit since 2004
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.
Halveweg 293600 GenkGround area
1,371 m²
Building footprint
212 m²
Volume, LiDAR
1,284 m³
Parcel 71306G0215/00G138, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
geen
since 20042.136.120.439
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71306G0215/00G138 | Flanders | 1,371 m² | 1 · 212 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,386. 29,959 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2004
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:tim.thiels@telenet.be