Tim Borremans

Active

Private limited companyfounded 20242 yrs activeWestmeerbeeksesteenweg(RAM) 84, 2230 Herselt, BelgiumKBO/BCE: BE 1006.180.802

The computed 12-month bankruptcy probability of Tim Borremans is 2.0% (moderate). The 2025 annual accounts show equity of €109k and a net result of €77k. Its solvency ranks better than 84% of 27676 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

83 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency100▲+35

Growth78

Track record82

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days only on tighter terms

Liquidity ample (current ratio 4.15 against 1.46 in 2024; short-term debt: 19.5% and cash: 70.4% of total assets), and 20.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

79.4%

Return on assets

56.1%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

50 d early

2024

150 d early

← before the deadline after the deadline →

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 months

Position in the running window

20-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€109k▲ 241%

2024 · €32k

2024: €32k

2024 → 2025

Total assets

€137k▲ 70.4%

2024 · €80k

2024: €80k

2024 → 2025

Net result

€77k▲ 175%

2024 · €28k

2024: €28k

2024 → 2025

Working capital

€84k▲ 346%

2024 · €19k

2024: €19k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€32k-€109k▲ 241%

Operating result€35k-€104k▲ 197%

Net result€28k-€77k▲ 175%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 197% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €137k

19.2%

80.8%

Fixed assets €26k▲ 24.8%

Current assets €111k▲ 86.6%

Equity and liabilities €137k

79.4%

20.6%

Equity €109k▲ 241%

Debt €28k▼ 41.7%

The debt ratio falls from 60.3% to 20.6%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€114k▲

2024 · €44k

Cash flow

€87k▲

2024 · €36k

Solvency

79.4%▲

2024 · 39.7%

Current ratio

4.15▲

2024 · 1.46

Quick ratio

4.15▲

2024 · 1.46

Debt / equity

0.26▼

2024 · 1.52

ROE

70.7%▼

2024 · 87.5%

ROA

56.1%▲

2024 · 34.7%

Interest coverage

84.07▼

2024 · 204.69

Debt

€28k▼

2024 · €49k

Debt ≤ 1 year

€27k▼

2024 · €41k

Debt > 1 year

€2k▼

2024 · €8k

Income taxes

€27k▲

2024 · €8k

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€80k€137k▲

Fixed assets21/28€21k€26k▲

Tangible fixed assets22/27€21k€26k▲

Plant, machinery and equipment23€3k€12k▲

Furniture and vehicles24€18k€14k▼

Current assets29/58€59k€111k▲

Amounts receivable within one year40/41€17k€14k▼

Trade receivables40€468€4k▲

Other amounts receivable41€16k€10k▼

Cash at bank and in hand54/58€42k€96k▲

Deferred charges and accrued income490/1€817€123▼

Equity and liabilities

Total equity and liabilities10/49€80k€137k▲

Equity10/15€32k€109k▲

Contributions10/11€4k€4k=

Reserves13-€105k

Distributable reserves133-€105k

Profit (loss) carried forward14€28k€0▼

Amounts payable17/49€49k€28k▼

Amounts payable after more than one year17€8k€2k▼

Financial debts170/4€8k€2k▼

Amounts payable within one year42/48€41k€27k▼

Current portion of amounts payable after more than one year42€6k€6k▲

Trade debts44€31k€1k▼

Suppliers440/4€31k€1k▼

Taxes, remuneration and social security45€3k€19k▲

Taxes450/3€1k€17k▲

Remuneration and social security454/9€2k€2k=

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲

Other operating charges640/8€414€452▲

Gross operating margin9900€44k€115k▲

Operating profit (loss)9901€35k€104k▲

Financial income75/76B€731€720▼

Recurring financial income75€731€720▼

Financial charges65/66B€213€1k▲

Recurring financial charges65€213€1k▲

Profit (loss) for the period before taxes9903€36k€104k▲

Income taxes67/77€8k€27k▲

Profit (loss) for the period9904€28k€77k▲

Profit (loss) for the period to be appropriated9905€28k€77k▲

Appropriation of the result

Profit (loss) to be appropriated9906€28k€105k▲

Profit (loss) brought forward from the previous period14P-€28k

Transfer to equity691/2-€105k

To other reserves6921-€105k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 4Financial 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

11-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Liquidity triplescurrent ratio 4.15

Current ratio from 1.46 to 4.15; short-term debt falls from €41k to €27k.

31-12

Financial Equity above €100kEq €109k ▲241%

2 profitable years in a row build equity to €109k.

03-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Herselt · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Westmeerbeeksesteenweg(RAM) 842230 Herselt

Ground area

904 m²

Building footprint

189 m²

Volume, LiDAR

810 m³

Parcel 13034I0032/00F000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Tim Borremans

Westmeerbeeksesteenweg(RAM) 84, 2230 HerseltConstruction of residential and non-residential buildings

since 20242.356.179.884

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13034I0032/00F000	Flanders	904 m²	1 · 188 m²	6.3 m · 1 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.

Similar companies · same sector, comparable size

Of 8,563 companies in sector 43410 we hold annual accounts for 4,355. 3,802 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-02-2024

Fiscal year end31-12

Activities, NACEBEL

43410Roofing work

43240Other construction installation

43299Specialised construction activities

43320Joinery installation

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.