Active BE 0807.944.771Private limited company

TIM TAM

Nieuwe Baan 135 ·9111 Sint-Niklaas, Belgium· 17 yrs active

Sector: Retail sale of footwear (47721)

Conclusion Checked

The computed 12-month bankruptcy probability of TIM TAM is 1.9% (moderate). The 2024 annual accounts show equity of €18k and a net result of €-264k. Its solvency ranks better than 23% of 1230 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€18k
Net result	€-264k
Staff (FTE)	14.1
Better than sector	23%

Financial profile 5 of 5 axes measured · computed by Checked

29 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 2

Profitability 0

Solvency 9

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

1.9% Moderate

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2008, 17 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

2 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview16 NBB filings

Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · abbreviated schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	2.5%	20.3%	better than 23% of 1230 sector peers
Net result	€-264k	€25k	better than 5% of 1229 sector peers
Equity	€18k	€142k	better than 26% of 1230 sector peers
Gross operating margin	€448k	€215k	better than 73% of 1228 sector peers
Staff costs	€636k	€160k	higher than 86% of 937 sector peers

EBITDA

€-233k

-173.4% 23-24

Net profit

€-264k

-150.7% 23-24

Cash flow

€-225k

-259.6% 23-24

Total assets

€723k

-24.4% 23-24

Equity

€18k

-93.5% 23-24

Working capital

€-108k

- 23-24

Employees (FTE)

14

-17.5% 23-24

Staff costs

€636k

-13.8% 23-24

Income taxes

€153

- 23-24

Debt

€705k

+4.6% 23-24

Debt ≤ 1y

€654k

+17.8% 23-24

Debt > 1y

€34k

-66.7% 23-24

Current ratio

0.83

-37.3% 23-24

Quick ratio

0.43

-32.8% 23-24

Solvency

2.5%

-91.5% 23-24

Debt / equity

38.65

+1520.1% 23-24

ROE

-1449.1%

-3784.0% 23-24

ROA

-36.5%

-231.6% 23-24

Interest coverage

-25.41

-254.9% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	abbreviated schema
Revenue	-
EBITDA	€-233k
Net profit	€-264k
Cash flow	€-225k
Staff costs	€636k
Income taxes	€153
Dividends	-
Total assets	€723k
Equity	€18k
Debt	€705k
of which ≤ 1y	€654k
of which > 1y	€34k
Working capital	€-108k
Employees (FTE)	14.1

Ratios (computed)

	2024
Current ratio	0.83
Quick ratio	0.43
Working capital ratio	-14.9%
Solvency	2.5%
Debt / equity	38.65
Long-term debt ratio	1.85
Interest coverage	-25.41
Gross margin	-
Net margin	-
ROA	-36.5%
ROE	-1449.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Balance-sheet composition 2024

Assets

Fixed assets €177k · 24.5% Current assets €546k · 75.5%

Equity & liabilities

Equity €18k · 2.5% Debt €705k · 97.5%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€723k
Fixed assets	21/28	€177k
Tangible fixed assets	22/27	€177k
Current assets	29/58	€546k
Stocks & contracts in progress	3	€266k
Amounts receivable within one year	40/41	€63k
Investments	50/53	€85k
Cash & bank	54/58	€80k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€723k
Equity	10/15	€18k
Contributions / capital	10/11	€470k
Accumulated profits (losses)	14	€-452k
Amounts payable	17/49	€705k
Amounts payable after one year	17	€34k
Amounts payable within one year	42/48	€654k
Trade debts payable within one year	44	€206k
Income statement
Gross operating margin	9900	€448k
Operating result	9901	€-273k
Financial income	75	€18k
Financial charges	65	€9k
Result before taxes	9903	€-264k
Income taxes	67/77	€153
Net result for the period	9904	€-264k
Result to be appropriated	9905	€-264k

Legal Structure

NACE primary	Retail sale of footwear(47721)
Legal form	Private limited company(610)
Incorporation	24-11-2008
Status	Active
Postal code	9111

Establishment units 4 locations

TIM TAM bvba

Nieuwe Baan 135, 9111 Sint-NiklaasRetail trade

since 20092.175.134.037

Tamaris-shop

Kapelstraat 100, 9100 Sint-NiklaasRetail sale of footwear

since 20092.176.973.968

Tamaris

Albert I laan 160, 8620 NieuwpoortRetail sale of footwear

since 20142.229.224.009

Westland Shopping

Sylvain Dupuislaan 403, 1070 AnderlechtRetail trade

since 20222.332.536.828

Real-estate footprint Source: CBE × cadastre

Flanders 3 (75%) Brussels 1 (25%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46445D1155/00R000	Flanders	10.8 ha	1 · 5.0 ha	18.2 m · 2 fl.
21001A0392/00V000	Brussels	7,228 m²	1 · 1,611 m²	20.4 m · 6 fl.
46002C0270/00H000	Flanders	6,442 m²	1 · 1,290 m²	-
38402D0013/00B000	Flanders	227 m²	1 · 244 m²	22.9 m · 6 fl.

Methodology

via registered seat: 1 · via establishment units: 3

4 of 4 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

All 10Filings 10

2025

29-08