TIM FOOD
ActiveSummary
The computed 12-month bankruptcy probability of TIM FOOD is 1.6% (moderate). The 2025 annual accounts show equity of €16,679 and a net result of €34,814. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 61% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 26-08-2021 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112
- Establishment unit
- 2.323.038.251 7390 Quaregnon, since 26-08-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 25-02-2026
Board and ownership
- SALAZ HüseyinDirector · since 31-10-2024
- ABIDAT Assia SanaDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €57,490
- Turnover
- ≈ €210,000
- estimated
- Profit
- €34,814
- Equity
- €16,679
- Total assets
- €39,228
- ▲ 124%
- Staff
- 1.3 FTE
- 2025 accounts filed 28 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: total assets €39,228Founded in 2021lowers riskLiquidity: current ratio 1.55, cash €27,212Show the evidence
Checked score
About 2 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 56, micro). It does better than 61% of them on solvency, 74% on liquidity, 93% on profitability and 94% on growth.
The bankruptcy probability was computed on 03-11-2026 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 4 accounts on average 36 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointment: ABIDAT Assia Sana (director)
- · Gazette deed 1 director appointed, 2 directors resigningResignations: TARGUI Mohamed (director) and TARGUI Yassine (director) · Appointment: SALAZ Hüseyin (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as TIM FOOD: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €35,800 and €43,000, founded in 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| TIM FOOD Quaregnon | €39,228 | €57,490 |
| LA P’TITE PATATE Bernissart | €43,005 | €52,374 |
| TEMS Anderlecht | €37,742 | €54,084 |
| Leuvese Poert Lier | €39,044 | €63,011 |
| KDM GROUP Schaarbeek | €37,883 | €67,649 |
| LA PADELLA Braine-l'Alleud | €40,014 | €49,186 |
| SANDWICH & CIE Blégny | €35,765 | €50,672 |
Key facts about TIM FOOD
- What is the company number of TIM FOOD?
- The company number of TIM FOOD is 0772.884.320. The VAT number is the same number with BE in front: BE 0772.884.320.
- Where is TIM FOOD based?
- The registered office is at Grand-Place 14, 7390 Quaregnon.Company details
- What does TIM FOOD do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of TIM FOOD?
- The legal form of TIM FOOD is Private limited company (BV).
- When was TIM FOOD founded?
- TIM FOOD was founded on 26-08-2021.
- Is TIM FOOD still active?
- Yes, TIM FOOD is an active enterprise in the KBO register.
- How many employees does TIM FOOD have?
- TIM FOOD had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TIM FOOD?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €57,490 and 91 comparable companies (NACE 56112). It probably lies between €160,000 and €260,000.
- Is TIM FOOD profitable?
- In financial year 2025, TIM FOOD made a profit of €34,814.
- Where can I find the annual accounts of TIM FOOD?
- TIM FOOD filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIM FOOD due?
- TIM FOOD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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