Age10 yrs
Real estate1 parcel · 677 m²
Summary
Conclusion
the dossier summarised in one paragraphThe file of TIM SERGEANT contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 3.2% (moderate). The 2020 annual accounts show negative equity (€-3k) and a net result of €-17k. Its solvency ranks better than 11% of 1441 sector peers (fiscal year 2020).
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone3.2%
Moderate
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
2 events06-07-2026
Bankruptcy
Bankruptcy closure (by liquidation)
23-02-2023
Bankruptcy
Opening
Trust signals
1 signalPrior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Administrative Flags
0 events
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-17k-20.6%
Working capital€19k
Directors1
Annual accounts & ratios
Source: NBB · 2020Annual accounts filed on 15-03-2021 with the NBB · fiscal year 2020 · micro
Sector comparison
Fiscal year 2020 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -1.1% | 39.3% | |
| Net result | €-3k | €8k | |
| Equity | €-3k | €42k | |
| Gross operating margin | €47k | €34k | |
| Total assets | €300k | €131k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€29k
+105.9%
-83% vs sector
€-17k
-20.6%
far below sector median
€8k
-10.9%
-93% vs sector
€300k
+22.5%
-49% vs sector
€-3k
-699.8%
far below sector median
€19k
-
-90% vs sector
€303k
+23.6%
-16% vs sector
€121k
+34.8%
-58% vs sector
€181k
+20.0%
+146% vs sector
1.16
+17.5%
-35% vs sector
1.03
+28.6%
-26% vs sector
-1.1%
-552.9%
far below sector median
-55.97
+85.0%
far below sector median
513.3%
-84.9%
far above sector median
-5.6%
+1.6%
far below sector median
Figures by fiscal year
| Fiscal year | 2020 |
|---|---|
| Revenue | - |
| EBITDA | €29k |
| Net profit | €-17k |
| Cash flow | €8k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €300k |
| Equity | €-3k |
| Debt | €303k |
| of which ≤ 1y | €121k |
| of which > 1y | €181k |
| Working capital | €19k |
| Employees (FTE) | - |
Ratios (computed)
| 2020 | |
|---|---|
| Current ratio | 1.16 |
| Quick ratio | 1.03 |
| Working capital ratio | 6.4% |
| Solvency | -1.1% |
| Debt / equity | -55.97 |
| Long-term debt ratio | -55.97 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -5.6% |
| ROE | 513.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €300k |
| Fixed assets | 21/28 | €159k |
| Tangible fixed assets | 22/27 | €159k |
| Current assets | 29/58 | €141k |
| Stocks & contracts in progress | 3 | €16k |
| Amounts receivable within one year | 40/41 | €105k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €300k |
| Equity | 10/15 | €-3k |
| Contributions / capital | 10/11 | €12k |
| Reserves | 13 | €1k |
| Accumulated profits (losses) | 14 | €-17k |
| Amounts payable | 17/49 | €303k |
| Amounts payable after one year | 17 | €181k |
| Amounts payable within one year | 42/48 | €121k |
| Trade debts payable within one year | 44 | €73k |
| Income statement | ||
| Gross operating margin | 9900 | €47k |
| Operating result | 9901 | €4k |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €-3k |
| Net result for the period | 9904 | €-3k |
| Result to be appropriated | 9905 | €-3k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2020 · computed42
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | RONNY JOSEPH MARTELAARSLAAN 210, 9000 GENT- |
14-02-2023 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Schrijnwerk(43320) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 30-12-2015 |
| Status | Active |
| Postal code | 9850 |
| First BS signal | 23-02-2023 |
| Latest BS signal | 06-07-2026 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Parcels1
Ground area677 m²
Buildings1
Building footprint110 m²
Volume (LiDAR)780 m³
Tallest building9.3 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44056A0145/00N000 | Flanders | 677 m² | 1 · 110 m² | 9.3 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
2 events from the State Gazette06-07-2026
Bankruptcy
Bankruptcy closure (by liquidation)
23-02-2023
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Analysis
Snowflake analysis
financial profile on 5 axes61
/ 100
Strong profile, led by profitability.
Health
42
Profitability
100
Solvency
48
Growth
32
Stability
85
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Credit advice
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Company registry (CBE)
Crossroads BankActivities
Schrijnwerk43320Schrijnwerk43320
Primary activity highlighted.
Names & trade names
| Legal nameNL | TIM SERGEANT |
Registered office
Poekestraat 8
9850 Deinze, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.