TIM MELLEBEEK
ActiveTIM MELLEBEEK has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €296k and a net result of €49k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-4
Solvency99▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 3.43 against 5.98 in 2024; short-term debt: 26% and cash: 14.3% of total assets), and 26.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.9%
Return on assets
12.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
5 d early
2023
38 d early
2022
9 d early
2021
11 d early
2020
35 d early
2019
63 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€296k▼ 26.0%
2024 · €401k
2018: €169k
2019: €187k
2020: €222k
2021: €281k
2022: €303k
2023: €330k
2024: €401k
2018 → 2025
Total assets
€401k▼ 14.5%
2024 · €469k
2018: €402k
2019: €231k
2020: €274k
2021: €344k
2022: €350k
2023: €385k
2024: €469k
2018 → 2025
Net result
€49k▼ 30.4%
2024 · €71k
2018: €12k
2019: €19k
2020: €35k
2021: €60k
2022: €24k
2023: €29k
2024: €71k
2018 → 2025
Working capital
€254k▼ 25.4%
2024 · €341k
2018: €130k
2019: €148k
2020: €183k
2021: €236k
2022: €259k
2023: €282k
2024: €341k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€281k-€303k▲ 8.0%€330k▲ 8.9%€401k▲ 21.5%€296k▼ 26.0%
Operating result€84k-€34k▼ 59.6%€33k▼ 2.3%€81k▲ 147%€62k▼ 23.8%
Net result€60k-€24k▼ 60.3%€29k▲ 18.9%€71k▲ 148%€49k▼ 30.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €401k
Fixed assets
€43k▼ 29.0%
Current assets
€358k▼ 12.4%
Equity and liabilities €401k
Equity
€296k▼ 26.0%
Debt
€105k▲ 52.4%
The debt ratio rises from 14.7% to 26.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€71k▼
2024 · €87k
Cash flow
€58k▼
2024 · €77k
Solvency
73.9%▼
2024 · 85.3%
Current ratio
3.43▼
2024 · 5.98
Quick ratio
3.40▼
2024 · 5.71
Debt / equity
0.35▲
2024 · 0.17
ROE
16.6%▼
2024 · 17.7%
ROA
12.3%▼
2024 · 15.1%
Interest coverage
12.20▼
2024 · 38.34
Debt
€105k▲
2024 · €69k
Debt ≤ 1 year
€104k▲
2024 · €68k
Income taxes
€16k▼
2024 · €22k
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€469k€401k▼
Fixed assets21/28€60k€43k▼
Tangible fixed assets22/27€21k€16k▼
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€13k€10k▼
Financial fixed assets28€40k€27k▼
Current assets29/58€409k€358k▼
Stocks and contracts in progress3€19k€3k▼
Stocks30/36€19k€3k▼
Amounts receivable within one year40/41€9k€9k▲
Trade receivables40€2k€7k▲
Other amounts receivable41€7k€2k▼
Current investments50/53€355k€289k▼
Cash at bank and in hand54/58€27k€57k▲
Equity and liabilities
Total equity and liabilities10/49€469k€401k▼
Equity10/15€401k€296k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€363k€259k▼
Distributable reserves133€363k€259k▼
Profit (loss) carried forward14€19k€19k▲
Amounts payable17/49€69k€105k▲
Amounts payable within one year42/48€68k€104k▲
Trade debts44€18k€4k▼
Suppliers440/4€18k€4k▼
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€11k€5k▼
Other amounts payable47/48€40k€95k▲
Accrued charges and deferred income492/3€485€560▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€91k€74k▼
Operating profit (loss)9901€81k€62k▼
Financial income75/76B€14k€9k▼
Recurring financial income75€14k€9k▼
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€93k€65k▼
Income taxes67/77€22k€16k▼
Profit (loss) for the period9904€71k€49k▼
Profit (loss) for the period to be appropriated9905€71k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€86k€68k▼
Profit (loss) brought forward from the previous period14P€15k€19k▲
Transfer from equity791/2-€154k
Transfer to equity691/2€67k€49k▼
To other reserves6921€67k€49k▼
Profit to be distributed694/7-€154k
Directors or managers695-€154k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €71k ▲148%
Net result €71k, the highest in the series.
23-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €200kEq €222k ▲18.3%
3 profitable years in a row build equity to €222k.
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity triplescurrent ratio 4.40
Current ratio from 1.57 to 4.40; short-term debt falls from €230k to €44k.
21-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-02
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.
Directors · office · real estate
Directors
5 acts for this company are 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, Nijlen · 1 establishment unit since 2006
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.
Paddekotseheide 22560 NijlenGround area
1,699 m²
Building footprint
182 m²
Volume, LiDAR
1,176 m³
Parcel 12026B0330/00A007, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TIM MELLEBEEK
since 20062.157.018.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026B0330/00A007 | Flanders | 1,699 m² | 1 · 181 m² | 9.7 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 204 EUR awarded · 204 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 204 EUR | 204 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 7,601 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2006
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
45310
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:tim.mellebeek@telenet.be
Phone:0495/51.29.85