TiMaSe
ActiveTiMaSe has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3k and a net result of €-5k. Equity is shrinking by ~25.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 12% of 37980 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-6
Solvency16▼-8
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.06 against 1.17 in 2023), and 94.7% 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.
−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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
5.3%
Return on assets
-9.1%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 37980 sector peers (2024).
NBB · sector comparisonPosition among 37980 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
58 d late
2022
17 d early
2021
2 d early
2020
4 d early
2019
47 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€3k▼ 63.2%
2023 · €8k
2018: €19k
2019: €13k
2020: €7k
2021: €8k
2022: €8k
2023: €8k
2018 → 2024
Total assets
€56k=
2023 · €56k
2018: €77k
2019: €87k
2020: €79k
2021: €78k
2022: €81k
2023: €56k
2018 → 2024
Net result
€-5k
2023 · €94
2018: €8k
2019: €-17k
2020: €-24k
2021: €1k
2022: €164
2023: €94
2018 → 2024
Working capital
€3k▼ 63.2%
2023 · €8k
2018: €13k
2019: €4k
2020: €-55
2021: €10k
2022: €10k
2023: €8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€8k▲ 17.0%€8k▲ 2.1%€8k▲ 1.2%€3k▼ 63.2%
Operating result€-5k-€4k€4k▲ 5.9%€4k▼ 15.4%€-4k
Net result€-24k-€1k€164▼ 85.5%€94▼ 42.4%€-5k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €56k
Fixed assets
€1=
Current assets
€56k=
Equity and liabilities €56k
Equity
€3k▼ 63.2%
Debt
€53k▲ 10.5%
The debt ratio rises from 85.7% to 94.7%: debt grows while equity shrinks.
Key figures and ratios
Solvency
5.3%▼
2023 · 14.3%
Current ratio
1.06▼
2023 · 1.17
Quick ratio
1.06▼
2023 · 1.17
Debt / equity
17.99▲
2023 · 5.98
ROE
-171.9%▼
2023 · 1.2%
ROA
-9.1%▼
2023 · 0.2%
Debt
€53k▲
2023 · €48k
Debt ≤ 1 year
€53k▲
2023 · €48k
Income taxes
€2k▼
2023 · €2k
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€56k€56k=
Fixed assets21/28€1€1=
Financial fixed assets28€1€1=
Current assets29/58€56k€56k=
Amounts receivable within one year40/41€52k€54k▲
Trade receivables40€6k€5k▼
Other amounts receivable41€47k€49k▲
Cash at bank and in hand54/58€278-
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€56k€56k=
Equity10/15€8k€3k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-12k€-17k▼
Amounts payable17/49€48k€53k▲
Amounts payable within one year42/48€48k€53k▲
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€2k€11k▲
Suppliers440/4€2k€11k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€42k€33k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Other operating charges640/8€1k€950▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€5k€2k▼
Operating profit (loss)9901€4k€-4k▼
Financial income75/76B€464€937▲
Recurring financial income75€464€937▲
Financial charges65/66B€2k€803▼
Recurring financial charges65€2k€803▼
Profit (loss) for the period before taxes9903€2k€-3k▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€94€-5k▼
Profit (loss) for the period to be appropriated9905€94€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-17k▼
Profit (loss) brought forward from the previous period14P€-12k€-12k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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Of 82,136 companies in sector 70200 we hold annual accounts for 52,099. 10,871 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.