Tim Saint-Germain
ActiveTim Saint-Germain has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €577k and a net result of €484k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 50% of 3674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+22
Solvency55▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.89 in 2024; short-term debt: 62.4% and cash: 40.7% of total assets), and 70.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
29.7%
Return on assets
24.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
24 d early
2023
26 d late
2022
28 d late
2021
18 d late
2020
45 d early
2019
54 d late
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€577k=
2024 · €577k
2018: €514k
2019: €573k
2020: €430k
2021: €450k
2022: €537k
2023: €537k
2024: €577k
2018 → 2025
Total assets
€1.94M▲ 5.0%
2024 · €1.85M
2018: €1.58M
2019: €1.46M
2020: €1.23M
2021: €1.45M
2022: €1.52M
2023: €1.78M
2024: €1.85M
2018 → 2025
Net result
€484k▲ 246%
2024 · €140k
2018: €26k
2019: €60k
2020: €-143k
2021: €20k
2022: €87k
2023: €152k
2024: €140k
2018 → 2025
Working capital
€-83k▲ 22.2%
2024 · €-107k
2018: €-156k
2019: €-61k
2020: €9k
2021: €290k
2022: €101k
2023: €116k
2024: €-107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€450k-€537k▲ 19.4%€537k=€577k▲ 7.5%€577k=
Operating result€25k-€90k▲ 256%€158k▲ 75.5%€150k▼ 4.8%€493k▲ 228%
Net result€20k-€87k▲ 333%€152k▲ 74.6%€140k▼ 8.0%€484k▲ 246%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 228% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.94M
Fixed assets
€814k▼ 18.1%
Current assets
€1.13M▲ 31.9%
Equity and liabilities €1.94M
Equity
€577k=
Debt
€1.36M▲ 7.3%
The debt ratio rises from 68.8% to 70.3%. Debt is higher.
Key figures and ratios
EBITDA
€685k▲
2024 · €363k
Cash flow
€676k▲
2024 · €353k
Solvency
29.7%▼
2024 · 31.2%
Current ratio
0.93▲
2024 · 0.89
Quick ratio
0.88▲
2024 · 0.85
Debt / equity
2.36▲
2024 · 2.20
ROE
83.8%▲
2024 · 24.3%
ROA
24.9%▲
2024 · 7.6%
Interest coverage
79.85▲
2024 · 34.48
Debt
€1.36M▲
2024 · €1.27M
Debt ≤ 1 year
€1.21M▲
2024 · €962k
Debt > 1 year
€130k▼
2024 · €284k
Income taxes
€178▼
2024 · €182
Staff costs
€1.09M▲
2024 · €1.07M
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€1.85M€1.94M▲
Fixed assets21/28€994k€814k▼
Intangible fixed assets21€393€0▼
Tangible fixed assets22/27€993k€814k▼
Land and buildings22€101k€77k▼
Plant, machinery and equipment23€883k€732k▼
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€7k€3k▼
Current assets29/58€855k€1.13M▲
Stocks and contracts in progress3€34k€61k▲
Stocks30/36€34k€61k▲
Amounts receivable within one year40/41€319k€265k▼
Trade receivables40€163k€107k▼
Other amounts receivable41€156k€158k▲
Cash at bank and in hand54/58€450k€790k▲
Deferred charges and accrued income490/1€52k€12k▼
Equity and liabilities
Total equity and liabilities10/49€1.85M€1.94M▲
Equity10/15€577k€577k=
Contributions10/11€515k€515k=
Reserves13€77€77=
Tax-exempt reserves132€77€77=
Profit (loss) carried forward14€62k€62k=
Amounts payable17/49€1.27M€1.36M▲
Amounts payable after more than one year17€284k€130k▼
Financial debts170/4€284k€130k▼
Amounts payable within one year42/48€962k€1.21M▲
Current portion of amounts payable after more than one year42€149k€154k▲
Trade debts44€336k€188k▼
Suppliers440/4€336k€188k▼
Advances received on contracts in progress46€70k€62k▼
Taxes, remuneration and social security45€24k€30k▲
Taxes450/3€24k€30k▲
Other amounts payable47/48€383k€777k▲
Accrued charges and deferred income492/3€25k€23k▼
Income statement
Code20242025
Non-recurring operating income76A€9k€10k▲
Remuneration, social security and pensions62€1.07M€1.09M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€213k€192k▼
Other operating charges640/8€4k€8k▲
Non-recurring operating charges66A€230€400▲
Gross operating margin9900€1.44M€1.78M▲
Operating profit (loss)9901€150k€493k▲
Financial income75/76B€400€95▼
Recurring financial income75€400€95▼
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€140k€484k▲
Income taxes67/77€182€178▼
Profit (loss) for the period9904€140k€484k▲
Profit (loss) for the period to be appropriated9905€140k€484k▲
Appropriation of the result
Profit (loss) to be appropriated9906€162k€546k▲
Profit (loss) brought forward from the previous period14P€22k€62k▲
Profit to be distributed694/7€100k€484k▲
Return on contributions (dividend)694€100k-
Directors or managers695-€484k
Social balance
Average headcount (FTE)908720.021.2▲
The notes to these accounts (18 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €484k ▲246%
Operating result €493k, net result €484k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Equity above €500kEq €537k ▲19.4%
2 profitable years in a row build equity to €537k.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-143k ▼341%
Net result drops to €-143k, the lowest in the series; recovery starts the following year.
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 54 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
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, Diksmuide · 1 establishment unit since 2016
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.
De Breyne Peellaertstraat(D) 128600 DiksmuideGround area
1,350 m²
Building footprint
1,634 m²
Volume, LiDAR
11,775 m³
Parcel 32003A0187/00G000, Flanders · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tim Saint-Germain
since 20162.261.429.195
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32003A0187/00G000 | Flanders | 1,350 m² | 1 · 1,634 m² | 16.0 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
2022 to 2025 · 4 entries · 88,625 EUR awarded · 70,875 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 0 EUR |
| 2024 | 1 | 44,375 EUR | 26,625 EUR |
| 2022 | 1 | 44,250 EUR | 44,250 EUR |
Schemes
Ecologiepremie+
Vlaams beschermingsmechanisme 12 (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDiksmuide2.261.429.195
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 5,886 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2016
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56302Nightclubs
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.