TIMA
ActiveSummary
TIMA has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,454 and a net result of €891. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▲+53
Solvency59▲+12
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.12 in 2024; short-term debt: 57.8% and cash: 6.1% of total assets), but 65.7% of the assets are financed with debt.
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Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
93 d late
2023
on the day
2022
31 d early
2021
1 d early
2020
6 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€13,454▲ 7.1%
2024 · €12,563
Total assets
€39,240▼ 30.3%
2024 · €56,312
Net result
€891
2024 · -€10,138
Working capital
€12,264▲ 161%
2024 · €4,700
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€702€24,045€17,929▼ 25.4%-€7,529€6,054
Net result-€732within the sector's middle half▼ 292%€16,143within the sector's middle half€11,626within the sector's middle half▼ 28.0%-€10,138below the sector's middle half€891within the sector's middle half
Equity-€2,068below the sector's middle half▼ 54.8%€14,075within the sector's middle half€22,701within the sector's middle half▲ 61.3%€12,563below the sector's middle half▼ 44.7%€13,454below the sector's middle half▲ 7.1%
Total assets€938below the sector's middle half▼ 32.6%€37,563below the sector's middle half▲ 3,905%€61,838within the sector's middle half▲ 64.6%€56,312within the sector's middle half▼ 8.9%€39,240below the sector's middle half▼ 30.3%
Debt€3,006▲ 10.2%€23,489▲ 681%€39,137▲ 66.6%€43,749▲ 11.8%€25,786▼ 41.1%
Working capital-€2,068within the sector's middle half▼ 54.8%€14,075within the sector's middle half€21,355within the sector's middle half▲ 51.7%€4,700within the sector's middle half▼ 78.0%€12,264within the sector's middle half▲ 161%
Solvency37.5%within the sector's middle half36.7%within the sector's middle half▼ 0.8pp22.3%within the sector's middle half▼ 14.4pp34.3%within the sector's middle half▲ 12.0pp
Current ratio1.60within the sector's middle half1.75within the sector's middle half▲ 0.151.12within the sector's middle half▼ 0.631.54within the sector's middle half▲ 0.42
Return on assets (ROA)43.0%above the sector's middle half18.8%within the sector's middle half▼ 24.2pp-18.0%below the sector's middle half▼ 36.8pp2.3%within the sector's middle half▲ 20.3pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6,054 after a loss of €7,529 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39,240
Fixed assets
€4,290 ▼ 66.1%
Current assets
€34,950 ▼ 19.9%
Equity and liabilities €39,240
Equity
€13,454 ▲ 7.1%
Debt
€25,786 ▼ 41.1%
Debt's share of the balance-sheet total falls from 77.7% to 65.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,054▲
2024 · -€5,307
Cash flow
€891▲
2024 · -€7,916
Quick ratio
1.52▲
2024 · 1.11
Debt to equity
1.92▼
2024 · 3.48
ROE
6.6%▲
2024 · -80.7%
Interest coverage
3.73▲
2024 · -4.50
Debt ≤ 1 year
€22,686▼
2024 · €38,952
Debt > 1 year
€0▼
2024 · €4,797
Income taxes
€3,538▲
2024 · €1,587
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 5,049 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €517 | €2,222 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €917 | €2,167 | €33,794 | €4,895 | ▼ 85.5% |
| Gross operating margin9900 | -€702 | €24,962 | €20,614 | €28,487 | €10,949 | ▼ 61.6% |
| Operating profit (loss)9901 | -€702 | €24,045 | €17,929 | -€7,529 | €6,054 | ▲ 180% |
| Financial income75/76B | - | - | - | €157 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €157 | €0 | ▼ 100% |
| Financial charges65/66B | €30 | €101 | €860 | €1,179 | €1,624 | ▲ 37.8% |
| Recurring financial charges65 | €30 | €101 | €860 | €1,179 | €1,624 | ▲ 37.8% |
| Profit (loss) for the period before taxes9903 | -€732 | €23,943 | €17,069 | -€8,551 | €4,430 | ▲ 152% |
| Income taxes67/77 | - | €7,800 | €5,443 | €1,587 | €3,538 | ▲ 123% |
| Profit (loss) for the period9904 | -€732 | €16,143 | €11,626 | -€10,138 | €891 | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | -€732 | €16,143 | €11,626 | -€10,138 | €891 | ▲ 109% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €938 | €37,563 | €61,838 | €56,312 | €39,240 | ▼ 30.3% |
| Fixed assets21/28 | - | - | €12,091 | €12,660 | €4,290 | ▼ 66.1% |
| Tangible fixed assets22/27 | - | - | €12,091 | €12,660 | €4,290 | ▼ 66.1% |
| Furniture and vehicles24 | - | - | €10,591 | €8,370 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | €1,500 | €4,290 | €4,290 | = |
| Current assets29/58 | €938 | €37,563 | €49,746 | €43,652 | €34,950 | ▼ 19.9% |
| Stocks and contracts in progress3 | - | - | - | €443 | €393 | ▼ 11.3% |
| Stocks30/36 | - | - | - | €443 | €393 | ▼ 11.3% |
| Amounts receivable within one year40/41 | €711 | €34,428 | €43,140 | €42,965 | €32,152 | ▼ 25.2% |
| Trade receivables40 | €585 | €16,325 | €32,776 | €39,649 | €26,159 | ▼ 34.0% |
| Other amounts receivable41 | €126 | €18,103 | €10,364 | €3,316 | €5,993 | ▲ 80.8% |
| Cash at bank and in hand54/58 | €27 | €3,135 | €6,179 | €245 | €2,405 | ▲ 881% |
| Deferred charges and accrued income490/1 | €200 | €0 | €428 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €938 | €37,563 | €61,838 | €56,312 | €39,240 | ▼ 30.3% |
| Equity10/15 | -€2,068 | €14,075 | €22,701 | €12,563 | €13,454 | ▲ 7.1% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€14,468 | €1,675 | €10,301 | €163 | €1,054 | ▲ 548% |
| Amounts payable17/49 | €3,006 | €23,489 | €39,137 | €43,749 | €25,786 | ▼ 41.1% |
| Amounts payable after more than one year17 | - | - | €10,746 | €4,797 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €10,746 | €4,797 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €3,006 | €23,489 | €28,392 | €38,952 | €22,686 | ▼ 41.8% |
| Current portion of amounts payable after more than one year42 | - | - | €5,471 | €5,948 | €4,797 | ▼ 19.4% |
| Financial debts43 | - | - | - | €227 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €227 | €0 | ▼ 100% |
| Trade debts44 | €2,858 | €14,602 | €4,527 | €13,903 | €10,442 | ▼ 24.9% |
| Suppliers440/4 | €2,858 | €14,602 | €4,527 | €13,903 | €10,442 | ▼ 24.9% |
| Taxes, remuneration and social security45 | - | €8,887 | €18,394 | €18,873 | €7,447 | ▼ 60.5% |
| Taxes450/3 | - | €8,887 | €18,394 | €18,873 | €7,447 | ▼ 60.5% |
| Other amounts payable47/48 | €148 | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €3,100 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€732 | €16,143 | €11,626 | -€10,138 | €891 | ▲ 109% |
| + Depreciation and write-downs630 | - | - | €517 | €2,222 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€732 | €16,143 | €12,143 | -€7,916 | €891 | ▲ 111% |
| Investment in fixed assets (approximation) | - | - | - | -€2,790 | €8,370 | ▲ 400% |
| Change in cash | - | €3,108 | €3,043 | -€5,933 | €2,160 | ▲ 136% |
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
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €891
Net result €891 after one loss-making year.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 93 days late
2024
30-09
Financial
Weakest financial yearnet -€10,138
Net result drops to -€10,138, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €16,143
Net result €16,143 after 2 loss-making years.
30-09
Financial
Liquidity times 5current ratio 1.60
Current ratio from 0.31 to 1.60.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Niklaas · 1 establishment unit since 2017
Ground area
545 m²
Building footprint
290 m²
Volume, LiDAR
2,240 m³
2 parcels, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TIMA
since 20172.334.576.697
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E0360/00C008 | Flanders | 404 m² | 1 · 200 m² | 14.6 m · 3 fl. |
| 46021A0811/00D002indicative | Flanders | 141 m² | 1 · 90 m² | 10.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 189 companies in sector 82200 we hold annual accounts for 86. 35 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
Founded09-06-2017
Fiscal year end30-09
Activities, NACEBEL 2025
82200Office administrative, office support and other business support activities
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0676702880
Also
9925:BE0676702880
Registered
21-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.