Tim Faes
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of Tim Faes is 4.1% (elevated). The annual accounts of Tim Faes for financial year 2025 show a net loss of 74% of the equity at the start of that year. The 2025 annual accounts show equity of €5,447 and a net result of -€15,504. Its solvency ranks better than 15% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 15-10-2024 Normal situation
- Legal form
- Private limited company
- Registered office
- Schotelven 24, 2370 Arendonk
- Activity
- Plumbing work NACE 43221and 1 other
- Establishment unit
- 2.365.048.654 2370 Arendonk, since 15-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 29-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.1%
- Gross margin
- -€13,177
- Loss
- €15,504
- Equity
- €5,447
- ▼ 74.0%
- Total assets
- €50,384
- ▲ 44.8%
Score breakdownraises riskFounded in 2024Liquidity: current ratio 0.96, cash €0, halvedSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €50,384Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 14% of them on solvency, 2% on liquidity, 4% on profitability and 6% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 2 accounts on average 16 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Lower net result than 91% of companies in specialised constructionsector median €10,227 · 34,889 companies -€15,504 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 29-07-2026
- Annual accounts 2024filed on 01-07-2025
Acts in the Belgian Official Gazette
- Incorporationact of 17-10-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 1015.102.822
Key facts about Tim Faes
- What is the company number of Tim Faes?
- The company number of Tim Faes is 1015.102.822. The VAT number is the same number with BE in front: BE 1015.102.822.
- Where is Tim Faes based?
- The registered office is at Schotelven 24, 2370 Arendonk.Company details
- What does Tim Faes do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of Tim Faes?
- The legal form of Tim Faes is Private limited company (BV).
- When was Tim Faes founded?
- Tim Faes was founded on 15-10-2024.
- Is Tim Faes still active?
- Yes, Tim Faes is an active enterprise in the KBO register.
- What is the turnover of Tim Faes?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Tim Faes profitable?
- In financial year 2025, Tim Faes made a loss of €15,504.
- Where can I find the annual accounts of Tim Faes?
- Tim Faes filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of Tim Faes due?
- Tim Faes must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as Tim Faes: plumbing work (NACE 43221). They are comparable in size and age: total assets between €41,500 and €64,200, founded between 2023 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| Tim Faes Arendonk | €50,384 | -€13,177 |
| TW Technieken Antwerpen | €64,186 | €492 |
| Loodgieterij Lambrechts Ravels | €41,531 | -€6,621 |
| VMR Technics Westerlo | €53,978 | -€1,173 |
| CASABLINCA Geetbets | €46,478 | -€492 |
| L&R PROJECTS Deinze | €51,384 | -€13,919 |
| Sani-Öz Sint-Katelijne-Waver | €60,847 | -€14,703 |
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