Tim Faes

Active

Private limited companyfounded 20241 yr activeSchotelven 24, 2370 Arendonk, BelgiumKBO/BCE: BE 1015.102.822

The computed 12-month bankruptcy probability of Tim Faes is 2.0% (moderate). The 2025 annual accounts show equity of €5k and a net result of €-16k. Its solvency ranks better than 15% of 27319 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

7 / 100

Critical▼ -86 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-100

Solvency18▼-80

Growth32

Stability82

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.96 against 2.17 in 2024), and 89.2% 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

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

+raises risk○neutral

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 →

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

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 2025

Solvency, return and age of the figures

Solvency

10.8%

Return on assets

-30.8%

Age of the figures

8 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 27319 sector peers (2025).

NBB · sector comparison

Position among 27319 sector peers

Solvency

better than 15%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

2 d early

2024

30 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

12-09-2026 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

€5k▼ 74.0%

2024 · €21k

2024: €21k

2024 → 2025

Total assets

€50k▲ 44.8%

2024 · €35k

2024: €35k

2024 → 2025

Net result

€-16k

2024 · €16k

2024: €16k

2024 → 2025

Working capital

€-2k

2024 · €16k

2024: €16k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€21k-€5k▼ 74.0%

Operating result€20k-€-16k

Net result€16k-€-16k

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 €16k after €20k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €50k

14.5%

85.5%

Fixed assets €7k▲ 56.1%

Current assets €43k▲ 43.0%

Equity and liabilities €50k

11%

89.2%

Equity €5k▼ 74.0%

Debt €45k▲ 224%

The debt ratio rises from 39.8% to 89.2%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-15k▼

2024 · €20k

Cash flow

€-14k▼

2024 · €16k

Solvency

10.8%▼

2024 · 60.2%

Current ratio

0.96▼

2024 · 2.17

Quick ratio

0.96▼

2024 · 1.96

Debt / equity

8.25▲

2024 · 0.66

ROE

-284.6%▼

2024 · 76.1%

ROA

-30.8%▼

2024 · 45.8%

Interest coverage

-28.42▼

2024 · 252025.88

Debt

€45k▲

2024 · €14k

Debt ≤ 1 year

€45k▲

2024 · €14k

Income taxes

€0▼

2024 · €4k

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€35k€50k▲

Fixed assets21/28€5k€7k▲

Tangible fixed assets22/27€5k€7k▲

Plant, machinery and equipment23-€970

Furniture and vehicles24€5k€6k▲

Current assets29/58€30k€43k▲

Stocks and contracts in progress3€3k€0▼

Stocks30/36€3k€0▼

Amounts receivable within one year40/41€24k€42k▲

Trade receivables40€11k€11k▼

Other amounts receivable41€13k€31k▲

Cash at bank and in hand54/58€3k€0▼

Deferred charges and accrued income490/1€322€1k▲

Equity and liabilities

Total equity and liabilities10/49€35k€50k▲

Equity10/15€21k€5k▼

Contributions10/11€5k€5k=

Reserves13€16k€447▼

Distributable reserves133€16k€447▼

Amounts payable17/49€14k€45k▲

Amounts payable within one year42/48€14k€45k▲

Financial debts43-€16k

Credit institutions430/8-€16k

Trade debts44€7k€22k▲

Suppliers440/4€7k€22k▲

Taxes, remuneration and social security45€7k€7k▲

Taxes450/3€7k€5k▼

Remuneration and social security454/9-€2k

Accrued charges and deferred income492/3-€93

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€311€1k▲

Other operating charges640/8€711€884▲

Non-recurring operating charges66A-€606

Gross operating margin9900€21k€-13k▼

Operating profit (loss)9901€20k€-16k▼

Financial income75/76B€158€1k▲

Recurring financial income75€158€1k▲

Financial charges65/66B€0€516▲

Recurring financial charges65€0€516▲

Profit (loss) for the period before taxes9903€20k€-16k▼

Income taxes67/77€4k€0▼

Profit (loss) for the period9904€16k€-16k▼

Profit (loss) for the period to be appropriated9905€16k€-16k▼

Appropriation of the result

Profit (loss) to be appropriated9906€16k€-16k▼

Transfer from equity791/2-€16k

Transfer to equity691/2€16k€0▼

To other reserves6921€16k€0▼

The notes to these accounts (6 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 2Filings 2

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

2026

29-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

01-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

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, Arendonk · 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.

Schotelven 242370 Arendonk

Ground area

759 m²

Building footprint

84 m²

Volume, LiDAR

472 m³

Parcel 13322D0349/00N000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Tim Faes

Schotelven 24, 2370 ArendonkGeneral electrical installation work

since 20242.365.048.654

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13322D0349/00N000	Flanders	759 m²	1 · 84 m²	7.2 m · 2 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

Sint-Genesius-Rode · Eq €5k

Of 6,989 companies in sector 43221 we hold annual accounts for 3,444. 1,173 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-10-2024

Fiscal year end31-12

Activities, NACEBEL

43221Plumbing work

43350Other building finishing work

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.