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TIM DECOCK

Active
Private limited companyfounded 199828 yrs activeSchoolweg 26, 2830 Willebroek, BelgiumKBO/BCE: BE 0463.729.086
Summary

TIM DECOCK has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €856,254 and a net result of €141,649. Equity is growing by ~21.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability88▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 25.11 against 59.44 in 2024; short-term debt: 3.8% and cash: 45.8% of total assets), and 6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 28 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · 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
94%
Return on assets
15.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
26 d early
2024
24 d early
2023
5 d early
2022
20 d early
2021
27 d early
2020
16 d early
2019
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
neutral · 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

History

TIM DECOCK was incorporated on 17 July 1998.1 Total assets rose from EUR 356,619 in 2019 to EUR 911,231 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€856,254▲ 19.8%
2024 · €714,605
Total assets
€911,231▲ 22.1%
2024 · €746,283
Net result
€141,649▲ 7.2%
2024 · €132,155
Working capital
€831,751▲ 17.2%
2024 · €709,403
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€197,984▲ 44.0%€147,475▼ 25.5%€156,647▲ 6.2%€172,279▲ 10.0%€189,815▲ 10.2%
Net result€135,988▲ 44.8%€100,352▼ 26.2%€109,309▲ 8.9%€132,155▲ 20.9%€141,649▲ 7.2%
Equity€468,274▲ 40.9%€513,141▲ 9.6%€582,450▲ 13.5%€714,605▲ 22.7%€856,254▲ 19.8%
Total assets€526,561▲ 26.7%€629,811▲ 19.6%€669,292▲ 6.3%€746,283▲ 11.5%€911,231▲ 22.1%
Debt€58,287▼ 30.1%€116,670▲ 100%€86,842▼ 25.6%€31,678▼ 63.5%€54,977▲ 73.6%
Working capital€394,537▲ 49.6%€449,478▲ 13.9%€528,876▲ 17.7%€709,403▲ 34.1%€831,751▲ 17.2%
Staff (FTE)11=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000€200,000Operating result 2021: €197,984€197,984Net result 2021: €135,988€135,988Operating result 2022: €147,475€147,475Net result 2022: €100,352€100,352Operating result 2023: €156,647€156,647Net result 2023: €109,309€109,309Operating result 2024: €172,279€172,279Net result 2024: €132,155€132,155Operating result 2025: €189,815€189,815Net result 2025: €141,649€141,64920212022202320242025€0€50,000€100,000€150,000€200,000Operating result 2023: €156,647€157,000Net result 2023: €109,309€109,000Operating result 2024: €172,279€172,000Net result 2024: €132,155€132,000Operating result 2025: €189,815€190,000Net result 2025: €141,649€142,000202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €911,231
Fixed assets €44,987 ▲ 81.8%
Current assets €866,244 ▲ 20.1%
Equity and liabilities €911,231
Equity €856,254 ▲ 19.8%
Debt €54,977 ▲ 73.6%
Debt's share of the balance-sheet total rises from 4.2% to 6.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€196,837▲
2024 · €178,377
Cash flow
€148,671▲
2024 · €138,253
Current ratio
25.11▼
2024 · 59.44
Debt to equity
0.06▲
2024 · 0.04
ROE
16.5%▼
2024 · 18.5%
ROA
15.5%▼
2024 · 17.7%
Interest coverage
540.09▼
2024 · 920.51
Debt ≤ 1 year
€34,493▲
2024 · €12,139
Income taxes
€66,105▲
2024 · €50,919
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 0.9% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 20,082 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€746,283€911,231▲
Fixed assets21/28€24,741€44,987▲
Tangible fixed assets22/27€24,741€44,987▲
Plant, machinery and equipment23€23,045€39,335▲
Furniture and vehicles24€1,696€5,652▲
Current assets29/58€721,542€866,244▲
Amounts receivable within one year40/41€68,689€59,356▼
Trade receivables40€1,269€547▼
Other amounts receivable41€67,420€58,809▼
Current investments50/53€523,362€354,594▼
Cash at bank and in hand54/58€105,875€416,964▲
Deferred charges and accrued income490/1€23,616€35,330▲
Equity and liabilities
Total equity and liabilities10/49€746,283€911,231▲
Equity10/15€714,605€856,254▲
Contributions10/11€18,600€18,600=
Reserves13€693,860€834,860▲
Distributable reserves133€693,860€834,860▲
Profit (loss) carried forward14€2,145€2,794▲
Amounts payable17/49€31,678€54,977▲
Amounts payable within one year42/48€12,139€34,493▲
Trade debts44€2,050€2,657▲
Suppliers440/4€2,050€2,657▲
Taxes, remuneration and social security45€4,849€29,886▲
Taxes450/3-€25,836
Remuneration and social security454/9€4,849€4,050▼
Other amounts payable47/48€5,240€1,951▼
Accrued charges and deferred income492/3€19,539€20,484▲
Income statement Code20242025
Non-recurring operating income76A€42,000-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,098€7,022▲
Other operating charges640/8€518€525▲
Non-recurring operating charges66A€4,335-
Gross operating margin9900€183,230€197,362▲
Operating profit (loss)9901€172,279€189,815▲
Financial income75/76B€10,988€18,303▲
Recurring financial income75€10,988€18,303▲
Financial charges65/66B€194€364▲
Recurring financial charges65€194€364▲
Profit (loss) for the period before taxes9903€183,073€207,754▲
Income taxes67/77€50,919€66,105▲
Profit (loss) for the period9904€132,155€141,649▲
Profit (loss) for the period to be appropriated9905€132,155€141,649▲
Appropriation of the result
Profit (loss) to be appropriated9906€134,145€143,794▲
Profit (loss) brought forward from the previous period14P€1,990€2,145▲
Transfer to equity691/2€132,000€141,000▲
To other reserves6921€132,000€141,000▲

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

Line20212022202320242025Change
Non-recurring operating income76A---€42,000--
Remuneration, social security and pensions62-€9,910----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,010€28,117€26,608€6,098€7,022▲ 15.1%
Other operating charges640/8-€6,763€991€518€525▲ 1.3%
Non-recurring operating charges66A---€4,335--
Gross operating margin9900€226,526€192,265€184,245€183,230€197,362▲ 7.7%
Operating profit (loss)9901€197,984€147,475€156,647€172,279€189,815▲ 10.2%
Financial income75/76B-€284€3,842€10,988€18,303▲ 66.6%
Recurring financial income75€304€284€3,842€10,988€18,303▲ 66.6%
Financial charges65/66B-€1,545€273€194€364▲ 88.1%
Recurring financial charges65€1,582€1,545€273€194€364▲ 88.1%
Profit (loss) for the period before taxes9903€196,705€146,214€160,217€183,073€207,754▲ 13.5%
Income taxes67/77€60,717€45,862€50,907€50,919€66,105▲ 29.8%
Profit (loss) for the period9904€135,988€100,352€109,309€132,155€141,649▲ 7.2%
Profit (loss) for the period to be appropriated9905€135,988€100,352€109,309€132,155€141,649▲ 7.2%
Line20212022202320242025Change
Assets
Total assets20/58€526,561€629,811€669,292€746,283€911,231▲ 22.1%
Fixed assets21/28€98,445€72,063€53,574€24,741€44,987▲ 81.8%
Tangible fixed assets22/27€80,045€53,663€35,174€24,741€44,987▲ 81.8%
Plant, machinery and equipment23-€32,958€32,112€23,045€39,335▲ 70.7%
Furniture and vehicles24-€20,705€3,062€1,696€5,652▲ 233%
Financial fixed assets28€18,400€18,400€18,400---
Current assets29/58€428,115€557,748€615,718€721,542€866,244▲ 20.1%
Amounts receivable within one year40/41€32,631€58,202€68,069€68,689€59,356▼ 13.6%
Trade receivables40-€23,242-€1,269€547▼ 56.9%
Other amounts receivable41-€34,960€68,069€67,420€58,809▼ 12.8%
Current investments50/53€33,239€158,894€343,162€523,362€354,594▼ 32.2%
Cash at bank and in hand54/58€337,138€291,036€188,013€105,875€416,964▲ 294%
Deferred charges and accrued income490/1-€49,616€16,474€23,616€35,330▲ 49.6%
Equity and liabilities
Total equity and liabilities10/49€526,561€629,811€669,292€746,283€911,231▲ 22.1%
Equity10/15€468,274€513,141€582,450€714,605€856,254▲ 19.8%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€448,345€492,860€561,860€693,860€834,860▲ 20.3%
Non-distributable reserves130/1-€46,860€46,860---
Reserves not available under the articles1311-€1,860€1,860---
Other1319-€45,000€45,000---
Distributable reserves133-€446,000€515,000€693,860€834,860▲ 20.3%
Profit (loss) carried forward14€1,329€1,681€1,990€2,145€2,794▲ 30.3%
Amounts payable17/49€58,287€116,670€86,842€31,678€54,977▲ 73.6%
Amounts payable after more than one year17€20,917€8,400----
Financial debts170/4-€8,400----
Amounts payable within one year42/48€33,578€108,270€86,842€12,139€34,493▲ 184%
Current portion of amounts payable after more than one year42-€12,517€8,400---
Trade debts44€6,615€25,688€11,979€2,050€2,657▲ 29.6%
Suppliers440/4-€25,688€11,979€2,050€2,657▲ 29.6%
Taxes, remuneration and social security45-€14,580€26,463€4,849€29,886▲ 516%
Taxes450/3-€8,492€21,700-€25,836-
Remuneration and social security454/9-€6,088€4,763€4,849€4,050▼ 16.5%
Other amounts payable47/48-€55,485€40,000€5,240€1,951▼ 62.8%
Accrued charges and deferred income492/3---€19,539€20,484▲ 4.8%
Line20212022202320242025Change
Profit (loss) for the period9904€135,988€100,352€109,309€132,155€141,649▲ 7.2%
+ Depreciation and write-downs630€26,010€28,117€26,608€6,098€7,022▲ 15.1%
Operating cash flow (approximation)€161,998€128,469€135,917€138,253€148,671▲ 7.5%
Investment in fixed assets (approximation)--€1,735-€8,119€22,735-€27,268▼ 220%
Change in cash--€46,101-€103,023-€82,138€311,089▲ 479%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
05-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial Highest result since 2019net €141,649 ▲7.2%
Net result €141,649, the highest in the series.
07-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial Liquidity times 8current ratio 59.44
Current ratio from 7.09 to 59.44; short-term debt falls from €86,842 to €12,139.
26-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Equity above €500,000Eq €513,141 ▲9.6%
4 profitable years in a row build equity to €513,141.
04-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Willebroek · 2 establishment units since 1998
seat establishment All 2 establishment units on the map
Ground area
2,436 m²
Building footprint
516 m²
Volume, LiDAR
1,276 m³
2 parcels, Flanders · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
2 establishment units
TIM DECOCK BV
Bisschoppenhoflaan 380, 2100 AntwerpenOther business support services
since 19982.088.025.463
TIM DECOCK BV
Schoolweg 26, 2830 WillebroekOther business support services
since 20192.299.951.756
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12040A1056/00A000 Flanders 2,011 m² 1 · 413 m² 2.6 m
11012A0161/00E004 Flanders 425 m² 1 · 103 m² 16.8 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-06-2023 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-06-2023 of TIM DECOCK 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded17-07-1998
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID 0208:0463729086
Also 9925:BE0463729086
Registered 24-11-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.