Tim De Craene
ActiveTim De Craene has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €-2k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 33% of 3110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-5
Solvency41▼-44
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.63 against 2.59 in 2024; short-term debt: 80.9% and cash: 38.9% of total assets), and 83.7% 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+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
Sector 01
lower
← 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
16.3%
Return on assets
-0.5%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
29 d late
2023
22 d late
2022
40 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▼ 2.7%
2024 · €64k
2022: €42k
2023: €60k
2024: €64k
2022 → 2025
Total assets
€381k▲ 258%
2024 · €107k
2022: €122k
2023: €113k
2024: €107k
2022 → 2025
Net result
€-2k
2024 · €3k
2022: €32k
2023: €18k
2024: €3k
2022 → 2025
Working capital
€-113k
2024 · €34k
2022: €-4k
2023: €23k
2024: €34k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€42k-€60k▲ 42.5%€64k▲ 5.8%€62k▼ 2.7%
Operating result€40k-€24k▼ 39.6%€6k▼ 74.4%€-326
Net result€32k-€18k▼ 44.4%€3k▼ 80.7%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €326 after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €381k
Fixed assets
€186k▲ 267%
Current assets
€196k▲ 249%
Equity and liabilities €381k
Equity
€62k▼ 2.7%
Debt
€319k▲ 645%
The debt ratio rises from 40.2% to 83.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20k▼
2024 · €24k
Cash flow
€19k▼
2024 · €21k
Solvency
16.3%▼
2024 · 59.8%
Current ratio
0.63▼
2024 · 2.59
Quick ratio
0.63▼
2024 · 2.59
Debt / equity
5.15▲
2024 · 0.67
ROE
-2.8%▼
2024 · 5.4%
ROA
-0.5%▼
2024 · 3.3%
Interest coverage
16.78▲
2024 · 15.02
Debt
€319k▲
2024 · €43k
Debt ≤ 1 year
€308k▲
2024 · €22k
Debt > 1 year
€11k▼
2024 · €21k
Income taxes
€218▼
2024 · €1k
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€107k€381k▲
Fixed assets21/28€51k€186k▲
Tangible fixed assets22/27€51k€186k▲
Plant, machinery and equipment23€51k€186k▲
Current assets29/58€56k€196k▲
Amounts receivable within one year40/41€10k€47k▲
Trade receivables40€10k€8k▼
Other amounts receivable41€28€39k▲
Cash at bank and in hand54/58€43k€148k▲
Deferred charges and accrued income490/1€3k€314▼
Equity and liabilities
Total equity and liabilities10/49€107k€381k▲
Equity10/15€64k€62k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€54k€52k▼
Amounts payable17/49€43k€319k▲
Amounts payable after more than one year17€21k€11k▼
Financial debts170/4€21k€11k▼
Amounts payable within one year42/48€22k€308k▲
Current portion of amounts payable after more than one year42€10k€13k▲
Trade debts44€2k€182k▲
Suppliers440/4€2k€182k▲
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€2k▼
Other amounts payable47/48€4k€111k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€20k▲
Other operating charges640/8€781€568▼
Gross operating margin9900€25k€21k▼
Operating profit (loss)9901€6k€-326▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€5k€-2k▼
Income taxes67/77€1k€218▼
Profit (loss) for the period9904€3k€-2k▼
Profit (loss) for the period to be appropriated9905€3k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€52k▼
Profit (loss) brought forward from the previous period14P€50k€54k▲
The notes to these accounts (6 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-2k ▼150%
Net result drops to €-2k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.09
Current ratio from 0.91 to 2.09; short-term debt falls from €39k to €21k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · 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, Evergem · 1 establishment unit since 2021
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.
Ratelkouter 69940 EvergemGround area
295 m²
Building footprint
94 m²
Volume, LiDAR
308 m³
Parcel 43006C1100/00F000, Flanders · tallest building 14.7 m. Linked by address, not a title deed.
1 establishment unit
Tim De Craene
since 20212.319.542.291
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006C1100/00F000 | Flanders | 295 m² | 1 · 94 m² | 14.7 m |
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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LEBRUN Fréres
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VANDEN BROECKE
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 1,005 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2021
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
43120Site preparation
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.