TIM PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of TIM PROJECTS is 4.4% (elevated). The 2025 annual accounts show negative equity (-€5,696) and a net result of -€12,606. Its solvency ranks better than 5% of 28254 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,657 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €1,832 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,029 | €5,319 | ▲ 5.8% |
| Other operating charges640/8 | €180 | €643 | ▲ 257% |
| Gross operating margin9900 | €11,529 | -€5,701 | ▼ 149% |
| Operating profit (loss)9901 | €4,489 | -€11,663 | ▼ 360% |
| Financial income75/76B | €47 | €1 | ▼ 97.4% |
| Recurring financial income75 | €47 | €1 | ▼ 97.4% |
| Financial charges65/66B | €125 | €62 | ▼ 50.3% |
| Recurring financial charges65 | €125 | €62 | ▼ 50.3% |
| Profit (loss) for the period before taxes9903 | €4,410 | -€11,724 | ▼ 366% |
| Income taxes67/77 | - | €882 | - |
| Profit (loss) for the period9904 | €4,410 | -€12,606 | ▼ 386% |
| Profit (loss) for the period to be appropriated9905 | €4,410 | -€12,606 | ▼ 386% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €29,127 | €16,759 | ▼ 42.5% |
| Fixed assets21/28 | €10,548 | €6,141 | ▼ 41.8% |
| Tangible fixed assets22/27 | €10,548 | €6,141 | ▼ 41.8% |
| Plant, machinery and equipment23 | €568 | €1,128 | ▲ 98.5% |
| Furniture and vehicles24 | €9,980 | €5,014 | ▼ 49.8% |
| Current assets29/58 | €18,579 | €10,617 | ▼ 42.9% |
| Amounts receivable within one year40/41 | €1,721 | €1,953 | ▲ 13.5% |
| Trade receivables40 | €1,506 | - | - |
| Other amounts receivable41 | €215 | €1,953 | ▲ 809% |
| Cash at bank and in hand54/58 | €16,858 | €7,481 | ▼ 55.6% |
| Deferred charges and accrued income490/1 | - | €1,184 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €29,127 | €16,759 | ▼ 42.5% |
| Equity10/15 | €4,410 | -€5,696 | ▼ 229% |
| Contributions10/11 | - | €2,500 | - |
| Profit (loss) carried forward14 | €4,410 | -€8,196 | ▼ 286% |
| Amounts payable17/49 | €24,717 | €22,454 | ▼ 9.2% |
| Amounts payable within one year42/48 | €24,717 | €22,454 | ▼ 9.2% |
| Trade debts44 | €2,007 | €3,093 | ▲ 54.1% |
| Suppliers440/4 | €2,007 | €3,093 | ▲ 54.1% |
| Taxes, remuneration and social security45 | €280 | €2,400 | ▲ 757% |
| Taxes450/3 | €280 | €350 | ▲ 25.0% |
| Remuneration and social security454/9 | - | €2,050 | - |
| Other amounts payable47/48 | €22,430 | €16,962 | ▼ 24.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,410 | -€12,606 | ▼ 386% |
| + Depreciation and write-downs630 | €5,029 | €5,319 | ▲ 5.8% |
| Operating cash flow (approximation) | €9,439 | -€7,287 | ▼ 177% |
| Investment in fixed assets (approximation) | - | -€911 | - |
| Change in cash | - | -€9,377 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062B0376/02D005 | Flanders | 1,934 m² | 1 · 198 m² | 6.6 m · 1 fl. |
| 92135C0209/00_000 | Wallonia | 726 m² | 1 · 121 m² | - |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.