TIMA SERVICES
ActiveThe computed 12-month bankruptcy probability of TIMA SERVICES is 1.9% (moderate). The 2024 annual accounts show equity of €92k and a net result of €44k. Its solvency ranks better than 79% of 15866 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
93
/ 100
Excellent▲ +12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+23
Growth52
Stability94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.64 against 1.48 in 2023), and 24.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€92k▲ 89.1%
2023 · €48k
2023: €48k
2023 → 2024
Total assets
€121k▲ 10.3%
2023 · €110k
2023: €110k
2023 → 2024
Net result
€44k▼ 0.6%
2023 · €44k
2023: €44k
2023 → 2024
Working capital
€78k▲ 166%
2023 · €29k
2023: €29k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€48k-€92k▲ 89.1%
Operating result€67k-€64k▼ 3.5%
Net result€44k-€44k▼ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €121k
Fixed assets
€14k▼ 29.1%
Current assets
€108k▲ 18.6%
Equity and liabilities €121k
Equity
€92k▲ 89.1%
Debt
€30k▼ 51.9%
The debt ratio falls from 55.9% to 24.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€70k▲
2023 · €70k
Cash flow
€50k▲
2023 · €47k
Solvency
75.6%▲
2023 · 44.1%
Current ratio
3.64▲
2023 · 1.48
Quick ratio
3.64▲
2023 · 1.48
Debt / equity
0.32▼
2023 · 1.27
ROE
48.0%▼
2023 · 91.4%
ROA
36.3%▼
2023 · 40.3%
Interest coverage
1136.10▲
2023 · 1132.19
Debt
€30k▼
2023 · €61k
Debt ≤ 1 year
€30k▼
2023 · €61k
Income taxes
€20k▼
2023 · €22k
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€110k€121k▲
Fixed assets21/28€19k€14k▼
Tangible fixed assets22/27€19k€14k▼
Furniture and vehicles24€19k€14k▼
Current assets29/58€91k€108k▲
Amounts receivable within one year40/41€28k€37k▲
Trade receivables40€28k€37k▲
Cash at bank and in hand54/58€62k€70k▲
Deferred charges and accrued income490/1€1k€212▼
Equity and liabilities
Total equity and liabilities10/49€110k€121k▲
Equity10/15€48k€92k▲
Contributions10/11€5k€5k=
Reserves13€43k€64k▲
Distributable reserves133€43k€64k▲
Profit (loss) carried forward14€453€23k▲
Amounts payable17/49€61k€30k▼
Amounts payable within one year42/48€61k€30k▼
Trade debts44€8k€85▼
Suppliers440/4€8k€85▼
Taxes, remuneration and social security45€33k€16k▼
Taxes450/3€33k€16k▼
Other amounts payable47/48€21k€13k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€435€387▼
Gross operating margin9900€70k€70k▲
Operating profit (loss)9901€67k€64k▼
Financial charges65/66B€61€62=
Recurring financial charges65€61€62=
Profit (loss) for the period before taxes9903€67k€64k▼
Income taxes67/77€22k€20k▼
Profit (loss) for the period9904€44k€44k▼
Profit (loss) for the period to be appropriated9905€44k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€44k▲
Profit (loss) brought forward from the previous period14P-€453
Transfer to equity691/2€43k€21k▼
To other reserves6921€43k€21k▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 3.64
Current ratio from 1.48 to 3.64; short-term debt falls from €61k to €30k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Namur · 1 establishment unit since 2023
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.
Avenue de Tabora 45000 NamurGround area
240 m²
Building footprint
86 m²
Volume, LiDAR
1,085 m³
Parcel 92302G0195/00R002, Wallonia · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TIMA SERVICES
since 20232.343.630.361
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302G0195/00R002 | Wallonia | 240 m² | 1 · 86 m² | 15.2 m · 4 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.
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SB AUTOMOBILE
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Of 4,406 companies in sector 46180 we hold annual accounts for 1,875. 1,407 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2023
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:tilmanmanoel@hotmail.com
Phone:+32474752177