TIM VIN
ActiveSummary
The annual accounts of TIM VIN for fiscal year 2024 show a net loss of 82% of total assets and of 58% of the equity at the start of that year. The 2024 annual accounts show equity of €10,274 and a net result of -€14,173. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 20783 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-72
Solvency84▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 4.77 against 4.04 in 2023; short-term debt: 20.8% and cash: 71.1% of total assets), and 40.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
59.3%
Return on assets
-81.8%
Age of the figures
21 mo
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 15-05-2025, 77 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
68 d late
2022
32 d late
2021
22 d late
2020
23 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€10,274▼ 58.0%
2023 · €24,447
Total assets
€17,321▼ 62.1%
2023 · €45,740
Net result
-€14,173
2023 · €1,304
Working capital
€13,575▼ 59.7%
2023 · €33,686
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€9,166-€12,969▲ 41.5%€4,986▼ 61.6%€3,593▼ 27.9%-€13,914
Net result€7,271-€12,952▲ 78.1%€920▼ 92.9%€1,304▲ 41.7%-€14,173
Equity€9,271-€22,222▲ 140%€23,143▲ 4.1%€24,447▲ 5.6%€10,274▼ 58.0%
Total assets€27,152-€30,655▲ 12.9%€32,221▲ 5.1%€45,740▲ 42.0%€17,321▼ 62.1%
Debt€17,881-€8,432▼ 52.8%€9,078▲ 7.7%€21,293▲ 135%€7,047▼ 66.9%
Working capital€1,675-€17,587▲ 950%€21,074▲ 19.8%€33,686▲ 59.8%€13,575▼ 59.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13,914 after €3,593 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17,321
Fixed assets
€149 ▼ 84.9%
Current assets
€17,173 ▼ 61.6%
Equity and liabilities €17,321
Equity
€10,274 ▼ 58.0%
Debt
€7,047 ▼ 66.9%
Debt's share of the balance-sheet total falls from 46.6% to 40.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€13,078▼
2023 · €6,801
Cash flow
-€13,336▼
2023 · €4,512
Current ratio
4.77▲
2023 · 4.04
Debt to equity
0.69▼
2023 · 0.87
ROE
-137.9%▼
2023 · 5.3%
ROA
-81.8%▼
2023 · 2.9%
Interest coverage
-63.25▼
2023 · 37.92
Debt ≤ 1 year
€3,597▼
2023 · €11,068
Income taxes
€52▼
2023 · €2,110
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,595 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.3%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,058 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% | 1.6% |
| 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 74% 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 3,595 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,148 | €4,519 | €5,206 | €3,208 | €837 | ▼ 73.9% |
| Other operating charges640/8 | - | €640 | €1,121 | €895 | €1,436 | ▲ 60.5% |
| Gross operating margin9900 | €12,696 | €18,127 | €11,313 | €7,696 | -€11,641 | ▼ 251% |
| Operating profit (loss)9901 | €9,166 | €12,969 | €4,986 | €3,593 | -€13,914 | ▼ 487% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | €0 | €0 | - | - | - | - |
| Financial charges65/66B | - | €17 | €166 | €179 | €207 | ▲ 15.3% |
| Recurring financial charges65 | €43 | €17 | €166 | €179 | €207 | ▲ 15.3% |
| Profit (loss) for the period before taxes9903 | €9,123 | €12,952 | €4,821 | €3,414 | -€14,121 | ▼ 514% |
| Income taxes67/77 | €1,852 | -€0 | €3,900 | €2,110 | €52 | ▼ 97.6% |
| Profit (loss) for the period9904 | €7,271 | €12,952 | €920 | €1,304 | -€14,173 | ▼ 1,187% |
| Profit (loss) for the period to be appropriated9905 | €7,271 | €12,952 | €920 | €1,304 | -€14,173 | ▼ 1,187% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,152 | €30,655 | €32,221 | €45,740 | €17,321 | ▼ 62.1% |
| Fixed assets21/28 | €10,745 | €8,710 | €4,193 | €986 | €149 | ▼ 84.9% |
| Tangible fixed assets22/27 | €10,745 | €8,710 | €4,193 | €986 | €149 | ▼ 84.9% |
| Furniture and vehicles24 | - | €8,710 | €4,193 | €986 | €149 | ▼ 84.9% |
| Current assets29/58 | €16,406 | €21,945 | €28,027 | €44,754 | €17,173 | ▼ 61.6% |
| Stocks and contracts in progress3 | - | - | €4,000 | - | - | - |
| Contracts in progress37 | - | - | €4,000 | - | - | - |
| Amounts receivable within one year40/41 | €3,600 | €6,159 | €13,160 | €9,766 | €4,865 | ▼ 50.2% |
| Trade receivables40 | - | €5,305 | €6,378 | €5,530 | €4,865 | ▼ 12.0% |
| Other amounts receivable41 | - | €854 | €6,783 | €4,237 | - | - |
| Cash at bank and in hand54/58 | €12,806 | €15,786 | €10,867 | €34,988 | €12,308 | ▼ 64.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,152 | €30,655 | €32,221 | €45,740 | €17,321 | ▼ 62.1% |
| Equity10/15 | €9,271 | €22,222 | €23,143 | €24,447 | €10,274 | ▼ 58.0% |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €7,271 | €20,222 | €21,143 | €22,447 | €8,274 | ▼ 63.1% |
| Amounts payable17/49 | €17,881 | €8,432 | €9,078 | €21,293 | €7,047 | ▼ 66.9% |
| Amounts payable within one year42/48 | €14,731 | €4,357 | €6,953 | €11,068 | €3,597 | ▼ 67.5% |
| Trade debts44 | €1,212 | €76 | €1,268 | €502 | €274 | ▼ 45.4% |
| Suppliers440/4 | - | €76 | €1,268 | €502 | €274 | ▼ 45.4% |
| Taxes, remuneration and social security45 | - | €4,281 | €5,685 | €9,959 | €1,318 | ▼ 86.8% |
| Taxes450/3 | - | €4,281 | €5,685 | €9,959 | €1,318 | ▼ 86.8% |
| Other amounts payable47/48 | - | - | - | €607 | €2,005 | ▲ 230% |
| Accrued charges and deferred income492/3 | - | €4,075 | €2,125 | €10,225 | €3,450 | ▼ 66.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,271 | €12,952 | €920 | €1,304 | -€14,173 | ▼ 1,187% |
| + Depreciation and write-downs630 | €2,148 | €4,519 | €5,206 | €3,208 | €837 | ▼ 73.9% |
| Operating cash flow (approximation) | €9,418 | €17,470 | €6,127 | €4,512 | -€13,336 | ▼ 396% |
| Investment in fixed assets (approximation) | - | -€2,483 | -€689 | €0 | €0 | - |
| Change in cash | - | €2,980 | -€4,918 | €24,121 | -€22,681 | ▼ 194% |
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
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€14,173
Net result drops to -€14,173, the lowest in the series.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Highest result since 2020net €12,952 ▲78.1%
Operating result €12,969, net result €12,952, both a record.
31-12
Financial
Liquidity times 5current ratio 5.04
Current ratio from 1.11 to 5.04; short-term debt falls from €14,731 to €4,357.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2020
Ground area
133 m²
Building footprint
135 m²
Volume, LiDAR
1,246 m³
Parcel 21562A0175/00R009, Brussels · tallest building 18.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TIM VIN
since 20202.300.524.749
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0175/00R009 | Brussels | 133 m² | 1 · 135 m² | 18.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 9,639 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
59113Video and film production, excluding cinema and television films
73110Advertising agencies
74120Graphic design and visual communication
74201Photography, excluding press photography
Contact
E-mail
info@timvin.com
Phone
0485186067
E-invoicing
Reachable via Peppol
Peppol ID
0208:0742936856
Registered
08-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.