Tim Tuindesign
ActiveTim Tuindesign has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €89k and a net result of €11k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 5898 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
93
/ 100
Excellent▼ -1 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▼-24
Solvency91▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.79 in 2023), and 47.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 81
Relative position
BE, all sectors
reference
Sector 81
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
1 d early
2022
6 d early
2021
25 d late
2020
30 d late
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€89k▲ 14.8%
2023 · €77k
2018: €63k
2019: €45k
2020: €49k
2021: €55k
2022: €64k
2023: €77k
2018 → 2024
Total assets
€168k▲ 6.6%
2023 · €158k
2018: €94k
2019: €87k
2020: €76k
2021: €75k
2022: €98k
2023: €158k
2018 → 2024
Net result
€11k▼ 15.9%
2023 · €14k
2018: €5k
2019: €-18k
2020: €4k
2021: €16k
2022: €9k
2023: €14k
2018 → 2024
Working capital
€51k▼ 4.8%
2023 · €54k
2018: €49k
2019: €27k
2020: €34k
2021: €45k
2022: €43k
2023: €54k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€49k-€55k▲ 12.8%€64k▲ 16.2%€77k▲ 21.3%€89k▲ 14.8%
Operating result€4k-€17k▲ 288%€12k▼ 28.8%€17k▲ 40.0%€18k▲ 4.0%
Net result€4k-€16k▲ 320%€9k▼ 45.0%€14k▲ 52.9%€11k▼ 15.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 4% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €168k
Fixed assets
€50k▲ 39.1%
Current assets
€118k▼ 3.0%
Equity and liabilities €168k
Equity
€89k▲ 14.8%
Debt
€79k▼ 1.2%
The debt ratio falls from 50.9% to 47.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€33k▲
2023 · €27k
Cash flow
€27k▲
2023 · €23k
Solvency
52.8%▲
2023 · 49.1%
Current ratio
1.77▼
2023 · 1.79
Quick ratio
1.73▼
2023 · 1.73
Debt / equity
0.89▼
2023 · 1.04
ROE
12.9%▼
2023 · 17.6%
ROA
6.8%▼
2023 · 8.6%
Interest coverage
21.58▼
2023 · 34.20
Debt
€79k▼
2023 · €80k
Debt ≤ 1 year
€67k▼
2023 · €68k
Debt > 1 year
€13k▲
2023 · €10k
Income taxes
€5k▲
2023 · €4k
Staff costs
€151k▲
2023 · €130k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€158k€168k▲
Fixed assets21/28€36k€50k▲
Tangible fixed assets22/27€36k€50k▲
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€16k€24k▲
Furniture and vehicles24€615€10k▲
Leasing and similar rights25€17k€13k▼
Current assets29/58€122k€118k▼
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€60k€49k▼
Trade receivables40€52k€46k▼
Other amounts receivable41€8k€3k▼
Cash at bank and in hand54/58€51k€61k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€158k€168k▲
Equity10/15€77k€89k▲
Contributions10/11€6k€6k=
Reserves13€71k€83k▲
Distributable reserves133€71k€83k▲
Amounts payable17/49€80k€79k▼
Amounts payable after more than one year17€10k€13k▲
Financial debts170/4€10k€13k▲
Amounts payable within one year42/48€68k€67k▼
Current portion of amounts payable after more than one year42€2k€5k▲
Trade debts44€27k€23k▼
Suppliers440/4€27k€23k▼
Taxes, remuneration and social security45€30k€28k▼
Taxes450/3€7k€7k▲
Remuneration and social security454/9€23k€21k▼
Other amounts payable47/48€8k€11k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Remuneration, social security and pensions62€130k€151k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€16k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€159k€186k▲
Operating profit (loss)9901€17k€18k▲
Financial income75/76B€2k€467▼
Recurring financial income75€2k€467▼
Financial charges65/66B€779€2k▲
Recurring financial charges65€779€2k▲
Profit (loss) for the period before taxes9903€18k€17k▼
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€14k€11k▼
Profit (loss) for the period to be appropriated9905€14k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€11k▼
Transfer to equity691/2€14k€11k▼
To other reserves6921€14k€11k▼
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
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €16k ▲320%
Net result €16k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-18k ▼464%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Genk · 1 establishment unit since 2015
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.
Matenstraat 283600 GenkGround area
4,933 m²
Building footprint
270 m²
Volume, LiDAR
1,088 m³
Parcel 71306G0181/00T000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tim Tuindesign
since 20152.238.473.750
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71306G0181/00T000 | Flanders | 4,933 m² | 1 · 270 m² | 7.5 m · 1 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 to 2025 · 3 entries · 491 EUR awarded · 689 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 285 EUR | 285 EUR |
| 2024 | 1 | 206 EUR | 206 EUR |
| 2023 | 1 | 0 EUR | 198 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 21,156 companies in sector 81300 we hold annual accounts for 4,345. 3,619 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2015
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
43990Other specialised construction activities
43999Specialised construction activities
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.