TIM Consulting
ActiveSummary
TIM Consulting has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €166,512. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 17239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-23
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210,000 at 30 days acceptable
Liquidity ample (current ratio 21.5 against 3.06 in 2024; short-term debt: 1% and cash: 18.8% of total assets), and 1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
99%
Return on assets
6.7%
Age of the figures
18 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €2.5m
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-10-2025, 8 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
8 d early
2024
29 d late
2023
32 d early
2022
42 d early
2021
39 d early
2020
13 d late
2019
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 29 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#3 company by equity in Zele, Telecoms and IT sector#4 company by total assets in Zele, Telecoms and IT sector
Equity
€2.5m▲ 7.3%
2024 · €2.3m
Total assets
€2.5m▲ 1.3%
2024 · €2.4m
Net result
€166,512▼ 73.9%
2024 · €637,687
Working capital
€501,973▲ 54.1%
2024 · €325,802
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,205▼ 89.3%€50,014▲ 279%€115,602▲ 131%€256,685▲ 122%€208,732▼ 18.7%
Net result€9,918within the sector's middle half▼ 89.5%€36,161within the sector's middle half▲ 265%€85,520within the sector's middle half▲ 136%€637,687above the sector's middle half▲ 646%€166,512above the sector's middle half▼ 73.9%
Equity€253,046above the sector's middle half▼ 5.9%€289,207above the sector's middle half▲ 14.3%€1.7mabove the sector's middle half▲ 498%€2.3mabove the sector's middle half▲ 32.2%€2.5mabove the sector's middle half▲ 7.3%
Total assets€256,516within the sector's middle half▼ 21.1%€301,901above the sector's middle half▲ 17.7%€2.0mabove the sector's middle half▲ 572%€2.4mabove the sector's middle half▲ 20.5%€2.5mabove the sector's middle half▲ 1.3%
Debt€3,471▼ 93.8%€12,694▲ 266%€300,260▲ 2,265%€158,447▼ 47.2%€24,481▼ 84.5%
Working capital€243,188above the sector's middle half▼ 5.2%€285,172above the sector's middle half▲ 17.3%-€235,798below the sector's middle half€325,802above the sector's middle half€501,973above the sector's middle half▲ 54.1%
Solvency98.6%above the sector's middle half▲ 15.9pp95.8%above the sector's middle half▼ 2.9pp85.2%above the sector's middle half▼ 10.6pp93.5%above the sector's middle half▲ 8.3pp99.0%above the sector's middle half▲ 5.5pp
Current ratio71.07above the sector's middle half▲ 65.3723.47above the sector's middle half▼ 47.610.21below the sector's middle half▼ 23.253.06within the sector's middle half▲ 2.8421.50above the sector's middle half▲ 18.45
Return on assets (ROA)3.9%within the sector's middle half▼ 25.3pp12.0%within the sector's middle half▲ 8.1pp4.2%within the sector's middle half▼ 7.8pp26.1%within the sector's middle half▲ 21.9pp6.7%within the sector's middle half▼ 19.4pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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.
Why a figure moved sharply
- 2024 Net result +646% on 2023. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€2.0m ▼ 0.5%
Current assets
€526,454 ▲ 8.7%
Equity and liabilities €2.5m
Equity
€2.5m ▲ 7.3%
Debt
€24,481 ▼ 84.5%
Debt's share of the balance-sheet total falls from 6.5% to 1.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€226,217▼
2024 · €272,762
Cash flow
€183,997▼
2024 · €653,764
Debt to equity
0.01▼
2024 · 0.07
ROE
6.8%▼
2024 · 27.9%
Interest coverage
86.28▼
2024 · 1704.76
Debt ≤ 1 year
€24,481▼
2024 · €158,447
Income taxes
€50,090▼
2024 · €69,638
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,666 | €6,419 | €5,800 | €16,077 | €17,485 | ▲ 8.8% |
| Other operating charges640/8 | - | €1,031 | €694 | €1,007 | €2,056 | ▲ 104% |
| Gross operating margin9900 | €20,896 | €57,465 | €122,095 | €273,769 | €228,273 | ▼ 16.6% |
| Operating profit (loss)9901 | €13,205 | €50,014 | €115,602 | €256,685 | €208,732 | ▼ 18.7% |
| Financial income75/76B | - | - | - | €450,800 | €10,492 | ▼ 97.7% |
| Recurring financial income75 | - | - | - | €450,800 | €10,492 | ▼ 97.7% |
| Financial charges65/66B | - | €66 | €89 | €160 | €2,622 | ▲ 1,539% |
| Recurring financial charges65 | €107 | €66 | €89 | €160 | €2,622 | ▲ 1,539% |
| Profit (loss) for the period before taxes9903 | €13,098 | €49,949 | €115,513 | €707,325 | €216,602 | ▼ 69.4% |
| Income taxes67/77 | €3,180 | €13,787 | €29,993 | €69,638 | €50,090 | ▼ 28.1% |
| Profit (loss) for the period9904 | €9,918 | €36,161 | €85,520 | €637,687 | €166,512 | ▼ 73.9% |
| Profit (loss) for the period to be appropriated9905 | €9,918 | €36,161 | €85,520 | €637,687 | €166,512 | ▼ 73.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €256,516 | €301,901 | €2.0m | €2.4m | €2.5m | ▲ 1.3% |
| Fixed assets21/28 | €9,857 | €4,035 | €2.0m | €2.0m | €2.0m | ▼ 0.5% |
| Tangible fixed assets22/27 | €9,607 | €3,785 | €55,850 | €51,320 | €41,662 | ▼ 18.8% |
| Plant, machinery and equipment23 | - | - | - | €5,187 | €4,087 | ▼ 21.2% |
| Furniture and vehicles24 | - | €2,008 | €54,593 | €44,374 | €29,546 | ▼ 33.4% |
| Other tangible fixed assets26 | - | €1,777 | €1,257 | €1,759 | €1,029 | ▼ 41.5% |
| Assets under construction and advance payments27 | - | - | - | - | €7,000 | - |
| Financial fixed assets28 | €250 | €250 | €1.9m | €1.9m | €1.9m | = |
| Current assets29/58 | €246,659 | €297,866 | €63,844 | €484,249 | €526,454 | ▲ 8.7% |
| Amounts receivable within one year40/41 | €3,912 | €42,989 | €30,004 | €228,510 | €59,348 | ▼ 74.0% |
| Trade receivables40 | - | €41,113 | - | €22,023 | €25,342 | ▲ 15.1% |
| Other amounts receivable41 | - | €1,875 | €30,004 | €206,487 | €34,006 | ▼ 83.5% |
| Cash at bank and in hand54/58 | €242,492 | €254,634 | €16,844 | €254,402 | €467,106 | ▲ 83.6% |
| Deferred charges and accrued income490/1 | - | €244 | €16,997 | €1,336 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €256,516 | €301,901 | €2.0m | €2.4m | €2.5m | ▲ 1.3% |
| Equity10/15 | €253,046 | €289,207 | €1.7m | €2.3m | €2.5m | ▲ 7.3% |
| Contributions10/11 | - | €18,600 | €1.7m | €1.7m | €1.7m | = |
| Reserves13 | €234,446 | €270,607 | €1,085 | €1,085 | €1,085 | = |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €268,747 | €1,085 | €1,085 | €1,085 | = |
| Profit (loss) carried forward14 | - | - | - | €557,687 | €724,199 | ▲ 29.9% |
| Amounts payable17/49 | €3,471 | €12,694 | €300,260 | €158,447 | €24,481 | ▼ 84.5% |
| Amounts payable within one year42/48 | €3,471 | €12,694 | €299,642 | €158,447 | €24,481 | ▼ 84.5% |
| Trade debts44 | €557 | €2,088 | €60 | €4,146 | €2,121 | ▼ 48.8% |
| Suppliers440/4 | - | €2,088 | €60 | €4,146 | €2,121 | ▼ 48.8% |
| Taxes, remuneration and social security45 | - | €7,263 | €5,854 | €134,941 | €3,471 | ▼ 97.4% |
| Taxes450/3 | - | €5,898 | €5,854 | €133,606 | €3,471 | ▼ 97.4% |
| Remuneration and social security454/9 | - | €1,365 | - | €1,335 | - | - |
| Other amounts payable47/48 | - | €3,342 | €293,728 | €19,360 | €18,889 | ▼ 2.4% |
| Accrued charges and deferred income492/3 | - | - | €618 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,918 | €36,161 | €85,520 | €637,687 | €166,512 | ▼ 73.9% |
| + Depreciation and write-downs630 | €6,666 | €6,419 | €5,800 | €16,077 | €17,485 | ▲ 8.8% |
| Operating cash flow (approximation) | €16,584 | €42,581 | €91,320 | €653,764 | €183,997 | ▼ 71.9% |
| Investment in fixed assets (approximation) | - | -€597 | -€2.0m | -€11,547 | -€7,826 | ▲ 32.2% |
| Change in cash | - | €12,142 | -€237,790 | €237,559 | €212,704 | ▼ 10.5% |
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
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity times 7current ratio 21.50
Current ratio from 3.06 to 21.50; short-term debt falls from €158,447 to €24,481.
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
31-03
Financial
Highest result since 2019net €637,687 ▲646%
Operating result €256,685, net result €637,687, both a record.
31-03
Financial
Liquidity times 14current ratio 3.06
Current ratio from 0.21 to 3.06; short-term debt falls from €299,642 to €158,447.
31-03
Financial
Equity above €2mEq €2.3m ▲32.2%
6 profitable years in a row build equity to €2.3m.
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €1mEq €1.7m ▲498%
5 profitable years in a row build equity to €1.7m.
2022
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €9,918 ▼89.5%
Net result drops to €9,918, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity times 12current ratio 71.07
Current ratio from 5.70 to 71.07; short-term debt falls from €54,596 to €3,471.
Show earlier events
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
31-03
Financial
Equity above €200,000Eq €268,846 ▲54.4%
2 profitable years in a row build equity to €268,846.
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zele · 1 establishment unit since 2017
Ground area
1.2 ha
Building footprint
4,300 m²
Parcel 42028A1402/00Y000, Flanders. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Spinnerijstraat 8, 9240 Zele
since 20172.266.092.422
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028A1402/00Y000 | Flanders | 1.2 ha | 1 · 4,300 m² | - |
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
2 holdingsOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
50%
According to the annual accounts to 31-03-2025 of TIM Consulting 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.
Recognitions · licences · registrations
Legal Entity Identifier
6488ZO1JNR06177B7R78
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Company details
Identification
Legal formPrivate limited company
Founded07-07-2017
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0678395135
Also
9925:BE0678395135
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.