Liquidity
30.68 was 13.07 in 2024
Short-term debts fell from €16,280 to €5,934.
Tim Harris
Lifetime
6 annual accounts with figures on one time axispeak €57,731 (2021)
-€4,596▼ €48,203
lowest -€6,281 (2025)
-€6,281▼ €37,418
peak €182,410 (2024)
€176,128▼ 3.4%
€5,934▼ 80.8%
Board1 name since 2020
1 directorHARRIS Timothy John
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
Gross margin from €43,607 to -€4,596Loss of €6,281Debts from €30,844 to €5,934
Key points
from the 2025 annual accountsFilings
6 annual accounts 2 late
The 2020 accounts came latest: 53 days after the end of the period.
Position in the sector
96.7%
Higher solvency than 95% of companies in sports and recreation. Sector median 27.7% · 2,882 companies.
Turnover not published (micro format)
Checked score
95
Excellent
Financially stronger than 62% of micro companies in sports and recreation (NACE 93)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,271 companies (NACE 93, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026highest value
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 30.68, cash €155,910
Sector: Sports, amusement and recreation activities (NACE 93)
Equity €176,128 (96.7% of total assets)
Size: total assets €182,062
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 93, micro). It does better than 92% of them on solvency, 98% on liquidity, 21% on profitability and 37% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as Tim Harris has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Tim Harris itself is lower: < 0.1% within 12 months. It rests on far more data about Tim Harris than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for Tim Harris. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 30.68 (13.07 in 2024), above the usual 1.5. Short-term debt is 3.3% and cash 85.6% of total assets. 3.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 14-07-2026, 17 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
17 days early
2024
2 days early
2023
1 day early
2022
11 days late
2021
45 days early
2020
53 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average on the deadline day. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0741905389
Incorporation
Founding capital of €18,600, 100 shares · Founder: HARRIS Timothy John · Appointment: HARRIS Timothy John (director) · published on 27-01-2020 · Gazette deed
First establishment
Keulestraat 4, Tielt-Winge
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Tim Harris Tielt-Winge | €182,062 | -€4,596 | 96.7% | - |
| Mooveo Oudenaarde | €153,232 | -€7,073 | -41.3% | - |
| KINEPRAKTIJK ANNE STEVENS Kontich | €169,255 | €744 | -5.3% | - |
| SVO Consult Rixensart | €130,556 | €1,591 | 45.3% | - |
| TRIPEL FR Kortrijk | €286,324 | -€3,399 | -31.2% | - |
| Events 51 Gedinne | €158,039 | -€55,332 | -191.0% | - |
| Onghena Raphael Jalhay | €192,023 | €1,491 | 6.7% | - |
These companies have the same main activity as Tim Harris: other sports activities (NACE 93199). They are comparable in size and age: total assets between €131,000 and €286,000, founded between 2016 and 2022.
Official details
Source: KBO- Status
- Active since 23-01-2020Normal situation
- Activity
- Other sports activitiesNACE 93199and 15 others
- Establishment unit
- 2.298.377.1883390 Tielt-Winge, since 23-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 07-05-2025
Annual accounts 2025
- €182,062▼ 14.6%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on Tim Harris
Tim Harris files the micro format. That format states no turnover. The gross margin fell from €48,697 in 2020 to -€4,596 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Tim Harris
- What is the company number of Tim Harris?
- The company number of Tim Harris is 0741.905.389. The VAT number is the same number with BE in front: BE 0741.905.389.
- Where is Tim Harris based?
- The registered office is at Keulestraat 4, 3390 Tielt-Winge.Company details
- What does Tim Harris do?
- According to the KBO register, the main activity is other sports activities (NACE 93199).
- What is the legal form of Tim Harris?
- Tim Harris is a private limited company (BV).
- When was Tim Harris founded?
- Tim Harris was founded on 23-01-2020.
- Is Tim Harris still active?
- Yes, Tim Harris is an active enterprise in the KBO register.
- What is the turnover of Tim Harris?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Tim Harris profitable?
- In financial year 2025, Tim Harris made a loss of €6,281.
- Where can I find the annual accounts of Tim Harris?
- Tim Harris filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Tim Harris due?
- Tim Harris must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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